
Cheap Apartments for Rent in Waltham, MN from $600 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Waltham.


Flats on 21

Total Monthly Price
Northern Place Apartments

Flats at Uptown

Total Monthly Price
Lincoln Apartments LLC

Webster Apartments

Cottages of Stewartville

Technology Park
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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Parkview Place

Cascade Apartments

Dodger 56, LLC

The Park

Total Monthly Price
Kodiak Apartments

Mill on Main I & II

VALLEY VIEW ESTATES

Bear Path Apartments
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.

STEWARTVILLE FLATS

The Gryff Apartments

Total Monthly Price
Quarry Ridge Apartments

Edge Apartments

SoRoc on Maine

Radel Court

Red44

Total Monthly Price
Stone Haven Apartments
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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Woodridge on Second

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The Berkman

Preserve on Maine

Total Monthly Price
The Boulders

ValleyHigh Flats II

The Colby

Ashland Place

120-9-1/2 9 1/2 St SE
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.

121 Main St S

2113 Oakland Ave E

402 4th St SE

1202 3rd Ave SW

609 11th St NW

725 7th St NW

403 10th St NW

1732 2nd Ave SE
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.

524 10th St SE

804 12th Ave SW

800 8th Ave SE
Waltham, MN Local Guide

How much does it cost to rent an apartment in Waltham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Waltham Studio Apartments | $1,241 | $689 | $1,639 |
| Waltham 1 Bedroom Apartments | $1,495 | $786 | $2,489 |
| Waltham 2 Bedroom Apartments | $1,724 | $860 | $3,650 |
| Waltham 3 Bedroom Apartments | $2,495 | $1,135 | $5,588 |
| Waltham 4 Bedroom Apartments | $3,710 | $1,950 | $4,218 |
Browse Top Apartments in Waltham
See all Apartments in WalthamExplore Waltham
Waltham, MN Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 105 Main St S | 1-bedroom | 1BR,1BA | $675 |
| Northern Place Apartments | Two Bedroom | 2BR,1BA | $860 |
| Lincoln Apartments LLC | Apt. 12 | 1BR,1BA | $1,005 |
| Flats on 21 | Cottonwood - 60% Area Median Income | 1BR,1BA | $1,006 |
| Webster Apartments | Apt. 10 | 2BR,1BA | $1,090 |
| Dodger 56, LLC | 1 Bedroom 1 Bath | 1BR,1BA | $1,130 |
| Technology Park | Studio - 80% | Studio,1BA | $1,195 |
| Mill on Main I & II | MI - Kaufman | Studio,1BA | $1,214 |
| STEWARTVILLE FLATS | 1 BED 1 BATH | 1BR,1BA | $1,275 |
| VALLEY VIEW ESTATES | 2 Bedroom 1.5 Bathroom | 2BR,1BA | $1,295 |
Best Value Apartments for Rent in Waltham, MN and Nearby
As of April 07, 2026 the best value apartment in the Waltham area is the $1.33 price per square foot Four Bedroom Model at Edge Apartments in the starting from $1,950. The second greatest value Waltham apartment is the Three Bedroom Two Bath - 1078 Sq.Ft Model at Kodiak Apartments starting at $1,625 with a $1.51 price per square foot . Here is today’s list of the best values for Waltham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Edge Apartments | Four Bedroom | 4BR,2BA | $1.33 |
| Kodiak Apartments | Three Bedroom Two Bath - 1078 Sq.Ft | 3BR,2BA | $1.51 |
| Cottages of Stewartville | 3 Bedroom 1 Bathroom | 3BR,1BA | $1.25 |
| Radel Court | D | 2BR,1BA | $1.46 |
| VALLEY VIEW ESTATES | 2 Bedroom 1.5 Bathroom | 2BR,1.5BA | $1.47 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| Webster Apartments | Apt. 10 | 2BR,1BA | $1.37 |
| Dodger 56, LLC | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $1.46 |
| 105 Main St S | 1-bedroom | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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.
Read ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Waltham, MN Rentals by Map
See the most popular apartments and homes in Waltham, MN
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 $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 $1,135.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.