Cheap Homes for Rent near Waltham, MN from $600 (14 Rentals)

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

property at 108 Main St N

$550 - $630

Total Monthly Price

Total Monthly Price

Base Rent
$630

Total Monthly Price
$630

1 Bedroom Rentals

Available Now

108 Main St N

Grand MeadowMN55936
property at 1506 7th St SE

$900

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

1506 7th St SE

AustinMN55912
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
property at 121 Main St S

$900 - $1,150

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

Studio Rentals

Available Now

121 Main St S

Grand MeadowMN55936
property at 302 19th St NE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Jul 17

302 19th St NE

AustinMN55912
property at 103 Main St E

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Aug 1

103 Main St E

Clarks GroveMN56016
property at 2120 Valleyhigh Dr NW

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Now

2120 Valleyhigh Dr NW

RochesterMN55901

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.

property at 614 10th St NE

$1,195

Total Monthly Price

Total Monthly Price

Base Rent
$1,195

Total Monthly Price
$1,195

2 Bedroom, 1 Bath Home for Rent

Available Jul 17

614 10th St NE

AustinMN55912
property at 416 State St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

416 State St

West ConcordMN55985
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 Now

1111 4th St NW

AustinMN55912
property at 1206 10th St NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1206 10th St NE

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 407 6th St NW

$1,300

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

407 6th St NW

AustinMN55912
property at 1603 6th Ave NW

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

1603 6th Ave NW

AustinMN55912

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.

Waltham, MN Local Guide

Cheapest Available Waltham Apartments for Rent and Nearby

 

The cheapest available apartment rental in Waltham, MN is a 2 Beds unit found at Webster Apartments priced from $1,035. The Colby in the Historic Southwest neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,095. Here is today’s list of the most affordable Waltham apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Webster ApartmentsApt. 012BR,1BA$1,035
The Colby1bd/1ba1BR,1BA$1,095
Lincoln Apartments LLCApt. 162BR,1BA$1,155
Parkview PlaceParkview 1 bed1BR,1BA$1,160
Mill on Main I & IIMI - KaufmanStudio,1BA$1,239

Best Value Apartments for Rent in Waltham, MN and Nearby

As of July 15, 2026 the best value apartment in the Waltham area is the $1.75 price per square foot Terzina Model at The Berkman in the in the Meadow Park neighborhood starting from $4,121. The second greatest value Waltham apartment is the Summit Model at Manor Heights Townhomes starting at $2,695 with a $1.59 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$1.75
Manor Heights TownhomesSummit3BR,2.5BA$1.59
Avalon Cove TownhomesB1R Townhome2BR,1.5BA$1.49
Kodiak ApartmentsThree Bedroom Two Bath - 1078 Sq.Ft3BR,2BA$1.51
Flats on 21Spruce2BR,2BA$1.65
Edge ApartmentsTwo Bedroom2BR,2BA$1.30
Radel CourtC2BR,1BA$1.46
Valley View EstatesTwo Bedroom One and One Half Bath2BR,1.5BA$1.47
Lincoln Apartments LLCApt. 082BR,1BA$1.46
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Waltham

What type of rentals are currently available in Waltham?

There are currently 41 Apartments for Rent in Waltham, MN with pricing that ranges from $689 to $4,348. There are also 39 Single Family Homes for rent, Condos, and Townhome rentals currently available in Waltham ranging from $630 to $4,600.

What is the current price range for Rental Homes in Waltham?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Waltham ranges from $630 to $4,600 with an average monthly rent of $1,977.

How much are larger Three and Four Bedroom Rentals in Waltham?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Waltham range from $1,345 to $4,121, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,350. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $3,823.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.