Cheap Apartments for Rent in Waltham, MN from $400 (35 Rentals)

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

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Radel Court
Rent Specials
$995 - $1,395
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,395

Total Monthly Price
$995 - $1,395
1 to 2 Bedroom Apartments Available Now

Radel Court

520 6th St SEllendale, MN 56026
  • Verified
  • Utilities Included
  • Smoke Free
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The Colby
$1,020 - $1,045
Total Monthly Price

Total Monthly Price

Base Rent
$1,020 - $1,045

Total Monthly Price
$1,020 - $1,045
1 Bedroom Apartments Available Now

The Colby

1804-1806 Second St SWRochester, MN 55902
Corporate Housing
  • Verified
  • Utilities Included
  • 3D Tour

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Parkview Place
$1,160 - $1,310
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,045 - $1,195
Required Monthly Fees
$115

Total Monthly Price
$1,160 - $1,310
1 to 2 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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  • Utilities Included
  • 3D Tour
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Mill on Main I & II
Rent Specials
$1,219 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $2,509

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mill on Main I & II

704 1st Dr NWAustin, MN 55912
Transit Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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The Berkman
Rent Specials
$1,392 - $10,088
Total Monthly Price

Total Monthly Price

Base Rent
$1,302 - $9,998
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

The Berkman

217 14th Ave SWRochester, MN 55902
Furnished
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  • Smoke Free
property at 108 Main St N

$650 - $730

Total Monthly Price

Total Monthly Price

Base Rent
$650

Total Monthly Price
$650

1 Bedroom Rentals

Available Now

108 Main St N

Grand MeadowMN55936
property at 121 Clinton St

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Clinton St

AustinMN55912
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Flats at Uptown
1 Bedroom Apartments

Flats at Uptown

221-229 19th Ave SWRochester, MN 55902
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Ashland Place
1 to 3 Bedroom Apartments

Ashland Place

1990 NW Ashland DrRochester, MN 55901
  • Utilities Included

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property at 1203 11th St NW

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Now

1203 11th St NW

AustinMN55912
property at 1102 3rd St NW

$1,090

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025
Required Monthly Fees
$65

Total Monthly Price
$1,090

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1102 3rd St NW

AustinMN55912
property at 1102 3rd St NW

$1,090

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025
Required Monthly Fees
$65

Total Monthly Price
$1,090

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1102 3rd St NW

AustinMN55912
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ValleyHigh Flats II
1 to 4 Bedroom Apartments

ValleyHigh Flats II

3450 Kenosha Dr NWRochester, MN 55901
  • Utilities Included
property at 1111 4th St NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 3

1111 4th St NW

AustinMN55912
property at 101 Elm St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

3 Bedroom, 1 Bath Condo for Rent

Available Now

101 Elm St

ClaremontMN55924
property at 416 State St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Now

416 State St

West ConcordMN55985
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Quarry Ridge Apartments
Studio to 3 Bedroom Apartments

Quarry Ridge Apartments

1728 Quarry Ridge Pl NWRochester, MN 55901
Corporate Housing
property at 400 7th St SW

$1,265

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Required Monthly Fees
$65

Total Monthly Price
$1,265

2 Bedroom, 1 Bath Home for Rent

Available Now

400 7th St SW

AustinMN55912

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When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 400 7th St SW

$1,265

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Required Monthly Fees
$65

Total Monthly Price
$1,265

2 Bedroom, 1 Bath Home for Rent

Available Now

400 7th St SW

AustinMN55912

Waltham, MN Local Guide

Cheapest Available Waltham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waltham, MN is a Studio unit found at 105 Main St S priced from $400. Northern Place Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $860. Here is today’s list of the most affordable Waltham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
105 Main St SStudioStudio,1BA$400
Northern Place ApartmentsTwo Bedroom2BR,1BA$860
Flats at Uptown1BR/1.0BA1BR,1BA$950
Webster ApartmentsApt. 012BR,1BA$1,035
The Colby1bd/1ba1BR,1BA$1,045
Flats on 21HickoryStudio,1BA$1,109
Lincoln Apartments LLCApt. 162BR,1BA$1,155
Parkview PlaceParkview 1 bed1BR,1BA$1,160
Mill on Main I & IIMII - GooseStudio,1BA$1,219
Valley View EstatesTwo Bedroom One and One Half Bath2BR,1BA$1,295

Best Value Apartments for Rent in Waltham, MN and Nearby

As of June 09, 2026 the best value apartment in the Waltham area is the $1.70 price per square foot Terzina Model at The Berkman in the in the Meadow Park neighborhood starting from $3,999. The second greatest value Waltham apartment is the Horizon Model at Manor Heights Townhomes starting at $2,395 with a $1.71 price per square foot in the Historic Southwest neighborhood. Here is today’s list of the best values for Waltham apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The BerkmanTerzina3BR,2BA$1.70
Manor Heights TownhomesHorizon2BR,2BA$1.71
Quarry Ridge ApartmentsB5R2BR,2BA$1.55
Edge ApartmentsTwo Bedroom2BR,2BA$1.30
Radel CourtD2BR,1BA$1.46
Northern Place ApartmentsTwo Bed + Den2BR,1BA$1.18
Valley View EstatesTwo Bedroom One and One Half Bath2BR,1.5BA$1.47
Lincoln Apartments LLCApt. 082BR,1BA$1.46
Stone Haven ApartmentsOne Bed One Bath1BR,1BA$1.76
Webster ApartmentsApt. 012BR,1BA$1.50

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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

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Frequently Asked Questions about Cheap Waltham Apartments

What is the Cheapest Studio apartment in Waltham?

Currently the most affordable Cheap Studio Apartment in Waltham is at Flats on 21 listed at $1,109.

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

The lowest price for a Cheap One Bedroom Waltham Apartment is $675 at 105 Main St S.

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

Today's best deal for a Cheap Two Bedroom Apartment in Waltham is starting from $860 at Northern Place Apartments.

What is the most affordable Waltham Three Bedroom Apartment?

The best deal on a cheap Waltham Three Bedroom Apartment rental is at Northern Place Apartments and starts from $1,260.

Expert Rental Resources

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.

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Written by: Christine Leonard, Esq.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

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