4470 Denbigh Rd
MoundMN55364
Cheap Homes for Rent in Watertown, MN from $1,500 (10 Rentals)
Cheap Homes in Watertown.
2730 Orchard Ln
ExcelsiorMN55331
901 Ivy Ridge Ln
BuffaloMN55313
524 W 3rd St
WaconiaMN55387
7651 Nicholas Way
ChanhassenMN55317
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
1760 Prescott Ct
ChaskaMN55318
1760 Prescott Ct
ChaskaMN55318
4973 3 Points Blvd
MoundMN55364
17860 Cobblestone Way
Eden PrairieMN55347
15609 27th Ave N
MinneapolisMN55447
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
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Watertown, MN Local Guide
Snow Geese Migrating by USFWS Midwest Region is licensed under CC BY 2.0
How much does it cost to rent a home in Watertown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watertown 2 Bedroom Homes for Rent | $2,019 | $1,750 | $2,495 |
| Watertown 3 Bedroom Homes for Rent | $3,314 | $1,525 | $7,500 |
| Watertown 4 Bedroom Homes for Rent | $3,473 | $2,495 | $5,500 |
| Watertown 5 Bedroom Homes for Rent | $7,237 | $2,775 | $10,000+ |
Browse Top Homes for Rent in Watertown
Explore Watertown
Watertown, MN Local Guide
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Cheapest Available Watertown Apartments for Rent and Nearby
The cheapest available apartment rental in Watertown, MN is a 1 Bed unit found at Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,070. Christmas Lake Manor Apartments in the Pinehurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,080. Here is today’s list of the most affordable Watertown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,070 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Minnetonka Edgewater | One Free Months Rent! Newly Renovated Studios! | Studio,1BA | $1,150 |
Best Value Apartments for Rent in Watertown, MN and Nearby
As of May 01, 2025 the best value apartment in the Watertown area is the $1.00 price per square foot 1 Bedroom, Market Rate, Floorplan A Model at Clover Field Marketplace in the in the Scott Far Western Suburbs neighborhood starting from $1,320. The second greatest value Watertown apartment is the One Bedroom Model at Greenwood Manor starting at $1,415 with a $1.26 price per square foot in the Laketown Colonial Townhomes neighborhood. Here is today’s list of the best values for Watertown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Clover Field Marketplace | 1 Bedroom, Market Rate, Floorplan A | 1BR,1BA | $1.00 |
| Greenwood Manor | One Bedroom | 1BR,1BA | $1.26 |
| Barbary Knoll Apartments | 2 bd Balcony | 2BR,1BA | $1.37 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.25 |
| Harbor District Apartments | Lakeside One Bedroom with Bosch W/D | 1BR,1BA | $1.70 |
| Highland Shores Apartments | Floorplan G | 1BR,1BA | $1.75 |
| Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1.73 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.78 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1.56 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
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Frequently Asked Questions about Watertown
What type of rentals are currently available in Watertown?
There are currently 55 Apartments for Rent in Watertown, MN with pricing that ranges from $1,000 to $9,395. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertown ranging from $1,525 to $16,500.
What is the current price range for Rental Homes in Watertown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watertown ranges from $1,525 to $16,500 with an average monthly rent of $4,010.
How much are larger Three and Four Bedroom Rentals in Watertown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watertown range from $1,350 to $9,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,525 to $7,500. Four Bedroom Single-Family rentals are also available starting from $2,495 and Four Bedroom Apartments start at $2,650.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.
Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.