Cheap Apartments for Rent near Waltham, MN from $675 (37 Rentals)

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The Colby
$1,025 - $1,125

Total Monthly Price

Base Rent$945 - $1,045
Required Monthly Fees$80

Total Monthly Price$1,025 - $1,125
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
Rent Specials
$1,110 - $1,460

Total Monthly Price

Base Rent$995 - $1,345
Required Monthly Fees$115

Total Monthly Price$1,110 - $1,460
1 to 3 Bedroom Apartments Available Now

Parkview Place

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Kodiak Apartments
Rent Specials
$1,200 - $3,408

Total Monthly Price

Base Rent$1,200 - $3,408

Total Monthly Price$1,200 - $3,408
1 to 3 Bedroom Apartments Available Now

Kodiak Apartments

308 9th Ave NEByron, MN 55920
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  • 3D Tour
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Mill on Main I & II
Rent Specials
$1,239 - $2,459

Total Monthly Price

Base Rent$1,239 - $2,459

Total Monthly PriceVaries
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Radel Court
$1,375

Total Monthly Price

Base Rent$1,375

Total Monthly Price$1,375
12 Month Lease Term
2 Bedroom Apartments Available Now

Radel Court

520 6th St SEllendale, MN 56026
  • Verified
  • Utilities Included
  • Smoke Free
property at 107 Main St E
$825 - $845

Total Monthly Price

Base Rent$825

Total Monthly Price$825
1 Bedroom Rentals
Available Now

107 Main St E

Clarks GroveMN56016
property at 802 9th Ave SE
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 2 Bath Home for Rent
Available Now

802 9th Ave SE

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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 104 Main St S
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Condo for Rent
Available Now

104 Main St S

Grand MeadowMN55936
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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
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Townhome for Rent
Available Now

1111 4th St NW

AustinMN55912
property at 121 Main St S
$1,000 - $1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
Studio Rentals
Available Now

121 Main St S

Grand MeadowMN55936
property at 912 2nd Ave NE
$1,175

Total Monthly Price

Base Rent$1,175

Total Monthly Price$1,175
2 Bedroom, 1 Bath Home for Rent
Available Sep 11

912 2nd Ave NE

AustinMN55912
property at 1207 9th St NE
$1,195

Total Monthly Price

Base Rent$1,195

Total Monthly Price$1,195
2 Bedroom, 1 Bath Home for Rent
Available Sep 11

1207 9th St NE

AustinMN55912
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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 126 Clinton St
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 1 Bath Home for Rent
Available Sep 11

126 Clinton St

AustinMN55912
property at 2113 Oakland Ave E
$1,290

Total Monthly Price

Base Rent$1,290

Total Monthly Price$1,290
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Sep 11

2113 Oakland Ave E

AustinMN55912

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Edge Apartments
2 to 4 Bedroom Apartments

Edge Apartments

905 3rd St SWKasson, MN 55944
  • Utilities Included

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 105 Main St S priced from $675. Webster Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,035. Here is today’s list of the most affordable Waltham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
105 Main St S1-bedroom1BR,1BA$675
Webster ApartmentsApt. 012BR,1BA$1,035
The Colby1bd/1ba1BR,1BA$1,050
Parkview PlaceParkview 1 bed1BR,1BA$1,110
Flats on 21HickoryStudio,1BA$1,147
Lincoln Apartments LLCApt. 162BR,1BA$1,155
Quarry Ridge ApartmentsS1RStudio,1BA$1,226
Mill on Main I & IIMI - KaufmanStudio,1BA$1,239
Valley View EstatesTwo Bedroom One and One Half Bath2BR,1BA$1,295
Edge ApartmentsTwo Bedroom2BR,2BA$1,296

Best Value Apartments for Rent in Waltham, MN and Nearby

As of September 07, 2026 the best value apartment in the Waltham area is the $1.31 price per square foot 3 Bedroom Model at Stone Haven Townhomes in the starting from $2,345. The second greatest value Waltham apartment is the Excelsior Model at Crystal Bay Townhomes starting at $2,050 with a $1.38 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$1.31
Crystal Bay TownhomesExcelsior3BR,2BA$1.38
Avalon Cove TownhomesB1R Townhome2BR,1.5BA$1.42
Kodiak ApartmentsThree Bedroom Two Bath - 1078 Sq.Ft3BR,2BA$1.46
Edge ApartmentsTwo Bedroom2BR,2BA$1.31
Radel CourtC2BR,1BA$1.46
Northern Place ApartmentsTwo Bedroom2BR,1BA$1.08
Valley View EstatesTwo Bedroom One Bath2BR,1BA$1.47
Lincoln Apartments LLCApt. 082BR,1BA$1.46
105 Main St S1-bedroom1BR,1BA$1.35

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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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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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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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 $1,147.

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 $1,035 at Webster Apartments.

What is the most affordable Waltham Three Bedroom Apartment?

The best deal on a cheap Waltham Three Bedroom Apartment rental is at Valley View Estates and starts from $1,445.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.