Cheap Apartments for Rent in Waltham, MN from $600 (32 Rentals)

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

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Parkview Place
Rent Specials
$1,065 - $1,210
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$950 - $1,095
Required Monthly Fees
$115

Total Monthly Price
$1,065 - $1,210
1 to 2 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
  • Verified
  • Utilities Included
  • 3D Tour

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Kodiak Apartments
$1,195 - $2,939
Total Monthly Price

Total Monthly Price

Base Rent
$1,195 - $2,939

Total Monthly Price
$1,195 - $2,939
1 to 3 Bedroom Apartments Available Now

Kodiak Apartments

308 9th Ave NEByron, MN 55920
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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 810 9th Ave SW

$925

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

810 9th Ave SW

AustinMN55912
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Ashland Place
1 to 3 Bedroom Apartments

Ashland Place

1990 NW Ashland DrRochester, MN 55901
  • Utilities Included
property at 709 13th St NE

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 1 Bath Home for Rent

Available Now

709 13th St NE

AustinMN55912
property at 2114 Valleyhigh Dr NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1.5 Bath Condo for Rent

Available Now

2114 Valleyhigh Dr NW

RochesterMN55901
property at 204 Independence Ave S

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

204 Independence Ave S

Clarks GroveMN56016
property at 1107 5th Ave NW

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1 Bath Home for Rent

Available Now

1107 5th Ave NW

RochesterMN55901
property at 491 Pointe Ct SW

$1,375

Total Monthly Price

Total Monthly Price

Base Rent
$1,375

Total Monthly Price
$1,375

2 Bedroom, 1.5 Bath Home for Rent

Available Now

491 Pointe Ct SW

RochesterMN55902

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.

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 $795. The Colby in the Historic Southwest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here is today’s list of the most affordable Waltham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Northern Place ApartmentsOne Bedroom1BR,1BA$795
The Colby1bd/1ba1BR,1BA$950
Parkview PlaceParkview 1 bed1BR,1BA$1,065
Webster ApartmentsApt. 102BR,1BA$1,090
Lincoln Apartments LLCApt. 282BR,1BA$1,110
Technology ParkStudio - 60%1BR,1BA$1,144
SoRoc on MaineCrescentStudio,1BA$1,225
FLATS 551 BED 1 BATH1BR,1BA$1,275
VALLEY VIEW ESTATES2 Bedroom 1.5 Bathroom2BR,1BA$1,295
Edge ApartmentsTwo Bedroom2BR,2BA$1,296

Best Value Apartments for Rent in Waltham, MN and Nearby

As of December 16, 2025 the best value apartment in the Waltham area is the $1.32 price per square foot 2 Bedroom Loft Model at Stone Haven Townhomes in the starting from $2,050. The second greatest value Waltham apartment is the Excelsior Model at Crystal Bay Townhomes starting at $1,870 with a $1.26 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 Townhomes2 Bedroom Loft2BR,2.5BA$1.32
Crystal Bay TownhomesExcelsior3BR,2BA$1.26
Edge ApartmentsFour Bedroom4BR,2BA$1.33
Avalon Cove TownhomesB1R Townhome2BR,1.5BA$1.48
Mill on Main I & IIMI - Wildwood2BR,2BA$1.54
Kodiak ApartmentsThree Bedroom Two Bath - 1078 Sq.Ft3BR,2BA$1.51
Lincoln Apartments LLCApt. 282BR,1BA$1.23
VALLEY VIEW ESTATES2 Bedroom 1.5 Bathroom2BR,1.5BA$1.47
Webster ApartmentsApt. 102BR,1BA$1.37
Northern Place ApartmentsOne Bedroom1BR,1BA$1.21

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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!

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Getting Around Waltham, MN

Bike Score®

25 / 100

Somewhat Bikeable

Minimal bike infrastructure

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 SoRoc on Maine listed at $1,225.

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

The lowest price for a Cheap One Bedroom Waltham Apartment is $795 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 $895 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 $1,175.

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.

Articles, How-To's, and Tips

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.