
Cheap Apartments for Rent in Watertown, WI from $400 (30 Rentals)
Search the lowest-cost Apartments available for rent right now in Watertown.


Watertown East Apartments

1066 Perry St

Fairview Senior Apartment Homes

Hawthorne Senior Apartments

KESTREL RIDGE

Morningside Orchard Apartments

Washington Heights Apartments

Knowlton Woods Apartments

Oconomowoc School Apartments

NATUREVIEW ESTATES

MEADOWVIEW APARTMENTS

Browns Court Apartments

Grace Manor Apts., LLC

Tamarack Apartment Homes

133 N High St

136 E Oak St

Monroe Street Apartments *income restricted*

140 N Wakely St
Watertown, WI Local Guide

How much does it cost to rent an apartment in Watertown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Watertown Studio Apartments | $1,624 | $1,294 | $2,076 |
Watertown 1 Bedroom Apartments | $1,724 | $750 | $5,810 |
Watertown 2 Bedroom Apartments | $2,119 | $870 | $5,075 |
Watertown 3 Bedroom Apartments | $2,775 | $984 | $3,935 |
Watertown 4 Bedroom Apartments | $1,001 | $1,001 | $1,001 |
Browse Top Apartments in Watertown
See all Apartments in WatertownExplore Watertown
Watertown, WI Local Guide
- Watertown Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Watertown, WI
Pricing Updated: 03/24/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Concord Estates | $1,001 | $750 | 63 |
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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Hawthorne Senior Apartments | 1 Bedroom No Balcony Upper | 1BR,1BA | $845 |
Watertown East Apartments | Garden Style | 2BR,1BA | $870 |
Morningside Orchard Apartments | 1 Bedroom Apartment (Upper) | 1BR,1BA | $900 |
Washington Heights Apartments | 1 bedroom/ 1 bathroom | 2BR,1BA | $913 |
Knowlton Woods Apartments | Two Bedroom | 2BR,1BA | $975 |
Oconomowoc School Apartments | 2 BD/1 BA: 50% & 60% Median County Income | 2BR,1BA | $1,049 |
Tamarack Trails | 1 Bedroom Lower | 1BR,1BA | $1,295 |
Lincoln Ridge | 2BR/1.5BA | 2BR,1BA | $1,299 |
The Preserve at Prairie Creek | Deluxe | Studio,1BA | $1,323 |
The Ponds | 1 Bed 1 Bath | 1BR,1BA | $1,449 |
Best Value Apartments for Rent in Watertown, WI and Nearby
As of March 24, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Lincoln Ridge | 2BR/1.5BA | 2BR,1.5BA | $1.04 |
Pondview Apartments | 3 BR UPPER | 3BR,2BA | $1.40 |
The Ponds | 2 Bed 2 Bath | 2BR,2BA | $1.55 |
THE GATEWAY | 2 Bedrooms 2 Bathrooms Collins | 2BR,2BA | $1.61 |
Summer Ridge | D2M | 2BR,2BA | $1.66 |
Parquelynn Village | Oakwood | 2BR,1BA | $1.49 |
Oconomowoc School Apartments | 2 BD/1 BA: 50% & 60% Median County Income | 2BR,1BA | $0.98 |
Morningside Orchard Apartments | Furnished 2 Bedroom Apartment (Upper) | 2BR,1BA | $2.22 |
Watertown East Apartments | Garden Style | 2BR,1BA | $1.09 |
Hawthorne Senior Apartments | 1 Bedroom No Balcony Upper | 1BR,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.
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
See the most popular apartments and homes in Watertown, WI
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 a cheap apartment in Watertown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Watertown is under $1,449.
What is the price of a cheap apartment in Watertown?
The cheapest apartment in Watertown is Hawthorne Senior Apartments which is listed at $845, while the average apartment in Watertown costs $1,001.
What types of apartments are the cheapest in Watertown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 60 regular apartments in Watertown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Watertown?
Cheap apartments in Watertown have an average cost of $951 which is $50 cheaper than the average rent for all rentals in Watertown.
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.

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.

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.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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.