
Cheap Homes for Rent in Watertown, CT from $1,200 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Watertown.


196 Hillside Ave, Unit #7

115 Clay St, Unit 2nd Floor

31 Frederick St, Unit 2

62-70 Main St, Unit L

1720 E Main St
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.

48 Irion St

118 Pullen Ave

16 Pilgrim Trail

40 Whitewood Rd, Unit 26

11 Ridgewood St, Unit third floor

16 Byron St, Unit 1
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.

34 Arrowhead Way

259 Grove St

236 Hillside Ave, Unit #3

259 Cooke St, Unit 2

89 Waterville St

46 Webb St
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.
Watertown, CT Local Guide

How much does it cost to rent a home in Watertown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watertown 2 Bedroom Homes for Rent | $2,147 | $1,350 | $3,450 |
| Watertown 3 Bedroom Homes for Rent | $4,143 | $1,600 | $10,000+ |
| Watertown 4 Bedroom Homes for Rent | $3,035 | $1,700 | $7,500 |
| Watertown 5 Bedroom Homes for Rent | $17,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Watertown
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Watertown, CT Local Guide
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Cheapest Available Watertown Apartments for Rent
 The cheapest available apartment rental in Watertown, CT is a 1 Bed unit found at Grove Court in the Waterbury Middlebury neighborhood priced from $900. Lakeside of Cheshire in the Marion neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,260. Here is today’s list of the most affordable Watertown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Grove Court | One Bedroom | 1BR,1BA | $900 |
| Lakeside of Cheshire | S1 | Studio,1BA | $1,260 |
| Josephine Towers Senior Living | Studio, 1 bath | Studio,1BA | $1,292 |
| Ramblewood Apartments | 0 Beds, 1 Baths | Studio,1BA | $1,350 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1,350 |
Best Value Apartments for Rent in Watertown, CT
As of May 26, 2026 the best value apartment in the Watertown area is the $1.53 price per square foot 3Beds Model at 223 Meadow St in the in the The Village at Oxford Greens neighborhood starting from $2,300. The second greatest value Watertown apartment is the 39 Chestnut Ave Model at 39 Chestnut Ave, Unit 2 starting at $1,450 with a $1.08 price per square foot in the Waterbury Middlebury neighborhood. Here is today’s list of the best values for Watertown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 223 Meadow St | 3Beds | 3BR,1.5BA | $1.53 |
| 39 Chestnut Ave, Unit 2 | 39 Chestnut Ave | 3BR,2BA | $1.08 |
| Oxford Commons | Chelsea 3-Bdrm/Affordable | 3BR,2BA | $1.67 |
| Middlebury Crossing Apartments | 2 Bedroom/1.5 Bath Townhome | 2BR,1.5BA | $1.81 |
| 78 Chestnut Ave | 78 Chestnut Ave | 3BR,1BA | $1.43 |
| 701 Main St, Unit Apt 1-4 | 701 Main St | 2BR,1BA | $1.58 |
| Eastwood Terrace | The Yorkdale | 1BR,1BA | $1.72 |
| Piping Rock Apartments | One Bedroom | 1BR,1BA | $1.76 |
| 1243 W Main St | One Bedroom | 1BR,1BA | $1.80 |
| Grove Court | One Bedroom | 1BR,1BA | $1.29 |
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.
Read ArticleReal 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.
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.
Best Local Schools in Watertown, CT
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Watertown, CT
Frequently Asked Questions about Watertown
What type of rentals are currently available in Watertown?
There are currently 195 Apartments for Rent in Watertown, CT with pricing that ranges from $950 to $3,127. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertown ranging from $1,200 to $30,000.
What is the current price range for Rental Homes in Watertown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watertown ranges from $1,200 to $30,000 with an average monthly rent of $5,550.
How much are larger Three and Four Bedroom Rentals in Watertown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watertown range from $1,450 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $30,000. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,450.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.