Cheap Apartments for Rent in Watertown, WI from $400 (33 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Watertown.

close
View Me
Watertown Square
1 to 2 Bedroom Apartments

Watertown Square

150 Lakeside TerWatertown, WI 53094
Utilities inc.
close
View Me
Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

1199 N Fourth StWatertown, WI 53098
Utilities inc.
close
View Me
WaterTown Meadows
1 to 2 Bedroom Apartments

WaterTown Meadows

801-805 Clark StWatertown, WI 53094
close
View Me
114 Stimpson St
1 to 2 Bedroom Apartments

114 Stimpson St

114 Stimpson StWatertown, WI 53094
Utilities inc.
close
View Me
904 Fox Creek Dr
2 Bedroom Apartments

904 Fox Creek Dr

904 Fox Creek DrWatertown, WI 53098
close
View Me
Audubon Park Landing
1 to 2 Bedroom Apartments

Audubon Park Landing

201 Air Park DrWatertown, WI 53094
Utilities inc.
Showing Results 1-33, Page 1 of 1

Watertown, WI Local Guide

Cheapest Neighborhoods for Apartments in Watertown, WI

Pricing Updated: 02/27/2025

Current apartment rentals in the Watertown, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Watertown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Concord Estates$1,001$75069

Cheapest Available Watertown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watertown, WI is a 1 Bed unit found at Hawthorne Senior Apartments priced from $845. Watertown East Apartments in the Concord Estates neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $870. Here is today’s list of the most affordable Watertown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hawthorne Senior Apartments1 Bedroom No Balcony Upper1BR,1BA$845
Watertown East ApartmentsGarden Style2BR,1BA$870
Morningside Orchard Apartments1 Bedroom Apartment (Upper)1BR,1BA$900
Washington Heights Apartments1 bedroom/ 1 bathroom2BR,1BA$913
405 Stark St2 bed 1 bath2BR,1BA$950
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$975
Oconomowoc School Apartments2 BD/1 BA: 50% & 60% Median County Income2BR,1BA$1,049
KESTREL RIDGE3 Bed 2 Bath3BR,2BA$1,250
The Preserve at Prairie CreekStandardStudio,1BA$1,255

Best Value Apartments for Rent in Watertown, WI and Nearby

As of February 27, 2025 the best value apartment in the Watertown area is the $1.04 price per square foot 2BR/1.5BA Model at Lincoln Ridge in the in the Stonehaven neighborhood starting from $1,299. The second greatest value Watertown apartment is the 3 BR UPPER Model at Pondview Apartments starting at $1,750 with a $1.40 price per square foot in the Brookstone Meadows neighborhood. Here is today’s list of the best values for Watertown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lincoln Ridge2BR/1.5BA2BR,1.5BA$1.04
Pondview Apartments3 BR UPPER3BR,2BA$1.40
The Ponds2 Bed 2 Bath2BR,2BA$1.55
Tamarack Gardens-Distinctive 55+ Community2 Beds 1.5 Bath2BR,1.5BA$1.25
THE GATEWAY2 Bedrooms 2 Bathrooms Collins2BR,2BA$1.61
Parquelynn VillageSummit2BR,1.5BA$1.23
Oconomowoc School Apartments2 BD/1 BA: 50% & 60% Median County Income2BR,1BA$0.98
405 Stark St2 bed 1 bath2BR,1BA$1.19
Watertown East ApartmentsGarden Style2BR,1BA$1.09
Hawthorne Senior Apartments1 Bedroom No Balcony Upper1BR,1BA$1.20

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Best Local Schools in
Watertown, WI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Watertown, WI Rentals by Map

Decorative image of map

See the most popular apartments and homes in Watertown, WI

View MapWatertown, WI Apartments MapView MapWatertown, WI Rental Homes Map

Getting Around Watertown, WI

Walk Score®

40 / 100

Car-Dependent

Most errands require a car

Bike Score®

38 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

1 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Watertown Apartments

What is the Cheapest Studio apartment in Watertown?

Currently the most affordable Cheap Studio Apartment in Watertown is at The Preserve at Prairie Creek listed at $1,255.

How much is rent for a Cheap One Bedroom Watertown Apartment?

The lowest price for a Cheap One Bedroom Watertown Apartment is $845 at Hawthorne Senior Apartments.

What is the lowest price for a Cheap Two Bedroom Watertown Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Watertown is starting from $870 at Watertown East Apartments.

What is the most affordable Watertown Three Bedroom Apartment?

The best deal on a cheap Watertown Three Bedroom Apartment rental is at Watertown East Apartments and starts from $984.

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for What to Know About Fees and Fines When Renting article

What to Know About Fees and Fines When Renting

Written by: Trey Huguley

When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.

decorative image for Signing Your Apartment Lease: The Basics article

Signing Your Apartment Lease: The Basics

Written by: Trey Huguley

When you're about to sign a lease for the first time, it can feel a bit overwhelming. You don’t want to miss any important details hidden in the fine print.