Cheap Apartments for Rent in Waltham, MN from $600 (35 Rentals)

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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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.

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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Ashland Place
1 to 3 Bedroom Apartments

Ashland Place

1990 NW Ashland DrRochester, MN 55901
  • Utilities Included
property at 121 Main St S

121 Main St S

Grand MeadowMN55936
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ValleyHigh Flats II
2 to 3 Bedroom Apartments

ValleyHigh Flats II

3450 Kenosha Dr NWRochester, MN 55901
  • Utilities Included

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.

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Showing Results 1-35, Page 1 of 1

Waltham, MN Local Guide

Cheapest Available Waltham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waltham, MN is a 1 Bed unit found at Northern Place Apartments priced from $775. The Colby in the Historic Southwest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Waltham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northern Place Apartments1 Bed, 1 bath1BR,1BA$775
The Colby1bd/1ba1BR,1BA$875
Technology ParkStudio - 60%1BR,1BA$995
Webster ApartmentsApt. 102BR,1BA$1,090
Parkview PlaceParkview 2 bed2BR,1BA$1,095
Lincoln Apartments LLCApt. 281BR,1BA$1,105
VALLEY VIEW ESTATES2 Bedroom 1.5 Bathroom2BR,1BA$1,245
Flats 551bd 1bth1BR,1BA$1,275
Stone Haven ApartmentsOne Bed One Bath1BR,1BA$1,300
Kodiak ApartmentsTwo Bedroom Two Bath2BR,2BA$1,360

Best Value Apartments for Rent in Waltham, MN and Nearby

As of July 26, 2025 the best value apartment in the Waltham area is the $1.34 price per square foot 3 Bedroom Model at Stone Haven Townhomes in the starting from $2,330. The second greatest value Waltham apartment is the B5R Model at Cascade Shores Townhomes + Flats starting at $1,877 with a $1.50 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.
Stone Haven Townhomes3 Bedroom3BR,2.5BA$1.34
Cascade Shores Townhomes + FlatsB5R2BR,1.5BA$1.50
Avalon Cove TownhomesB1R Townhome2BR,1.5BA$1.44
Kodiak ApartmentsTwo Bedroom Two Bath2BR,2BA$1.28
Lincoln Apartments LLCApt. 281BR,1BA$1.23
VALLEY VIEW ESTATES2 Bedroom 1.5 Bathroom2BR,1.5BA$1.41
Parkview PlaceParkview 2 bed2BR,1BA$1.37
Webster ApartmentsApt. 102BR,1BA$1.37
Northern Place Apartments1 Bed, 1 bath1BR,1BA$1.18
The Colby1bd/1ba1BR,1BA$1.46

Quick Rent Budget Calculator

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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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Pet Friendly Lifestyle

Ranked #

Among cities in Minnesota for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

Pet Friendly

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

Explore Waltham, MN Rentals by Map

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See the most popular apartments and homes in Waltham, MN

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Getting Around Waltham, MN

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 Waltham Apartments

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

The lowest price for a Cheap One Bedroom Waltham Apartment is $775 at Northern Place Apartments.

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 $1,000 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 $1,125.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.