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2 to 3 Bedroom Apartments
Water's Edge Townhomes
806 County Road 24Watertown, MN 55388
Cheap Apartments for Rent in Watertown, MN from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Watertown.
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$655 - $1,820
Plus Fees
Studio to 3 Bedroom Apartments Available NowClover Field Marketplace
2915 Clover Ridge DrChaska, MN 55318
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$675 - $875
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowHoward Lake Apartments
1208 7th StHoward Lake, MN 55349
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$990 - $1,060
Plus Fees
1 to 2 Bedroom Apartments Available NowPrairie Village
800 Meadow Lake PlWaconia, MN 55387
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Rent Specials
$995
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowYoung America Apartments
326 Central Ave SNorwood Young America, MN 55397
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$1,000 - $1,500
Plus Fees
Studio to 3 Bedroom Apartments Available Apr 30Bayview Apartments
2400 Interlachen RdSpring Park, MN 55384
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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$1,050 - $1,250
Plus Fees
1 to 2 Bedroom Apartments Available NowSolace on Lake Minnetonka
4601 Shoreline DrSpring Park, MN 55384
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$1,055 - $1,415
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowBay Pointe Apartments
840-846 3rd AveExcelsior, MN 55331
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$1,059 - $1,200
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowShoreline Place
5000-5028 Shoreline DrMound, MN 55364
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$1,080 - $1,510
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowChristmas Lake Manor Apartments
834-836 3rd AveExcelsior, MN 55331
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$1,095 - $1,855
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,855
Total Monthly Price
$1,095 - $1,855
Dockside Apartments on Lake Minnetonka
2450 Island DrSpring Park, MN 55384
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$1,125 - $1,600
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1 to 2 Bedroom Apartments Available NowWinsted Fields Apartments
140-150 9th St SWinsted, MN 55395
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.
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$1,199 - $1,599
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLakecrest Village
5600 Grandview BlvdMound, MN 55364
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$1,200 - $1,300
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1 to 2 Bedroom Apartments Available NowLangdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
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$1,295 - $1,475
Plus Fees
1 to 2 Bedroom Apartments Available NowShorewood Place Apartments
5540 Cr-19Shorewood, MN 55331
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$1,369
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRiverwalk Apartments
405-407 River St SDelano, MN 55328
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$1,386 - $1,431
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,350 - $1,395
Required Monthly Fees
$36
Total Monthly Price
$1,386 - $1,431
Barbary Knoll Apartments
1596 Millpond CtChaska, MN 55318
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$1,400 - $2,400
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowGranite Works Apartments
35 Granite LnDelano, MN 55328
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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1 to 2 Bedroom Apartments
Linden Wood Apartments
215 Linden Ave WWinsted, MN 55395
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Studio to 2 Bedroom Apartments
9080 County Road 50
9080 County Road 50Rockford, MN 55373
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1 to 2 Bedroom Apartments
Bryant Wood Apartments
5225 Bryantwood DrMaple Plain, MN 55359
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2 to 3 Bedroom Apartments
Deer Run Apartments
650 Shoreline DrHoward Lake, MN 55349
202 Lincoln St
Norwood Young AmericaMN55397
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1 to 3 Bedroom Apartments
Vista Ridge
861 Vista BlvdWaconia, MN 55387
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.
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1 to 3 Bedroom Apartments
Water's Edge Townhomes
218 Waters Edge DrChaska, MN 55318
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2 to 3 Bedroom Apartments
Interlaken Place
925 Airport RdWaconia, MN 55387
4407 Wilshire Blvd
MoundMN55364
Showing Results 1-27, Page 1 of 1
Watertown, MN Local Guide
Snow Geese Migrating by USFWS Midwest Region is licensed under CC BY 2.0
How much does it cost to rent an apartment in Watertown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watertown Studio Apartments | $1,537 | $1,000 | $1,770 |
| Watertown 1 Bedroom Apartments | $1,671 | $655 | $2,812 |
| Watertown 2 Bedroom Apartments | $2,086 | $782 | $4,265 |
| Watertown 3 Bedroom Apartments | $2,788 | $1,350 | $6,233 |
| Watertown 4 Bedroom Apartments | $3,108 | $2,750 | $3,495 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Apartments in Watertown
See all Apartments in WatertownExplore Watertown
Watertown, MN Local Guide
- Nearby Cities
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Cheapest Available Watertown Apartments for Rent and Nearby
The cheapest available apartment rental in Watertown, MN is a 1 Bed unit found at Howard Lake Apartments in the Wright Far Western Suburbs neighborhood priced from $675. Young America Apartments in the Scott Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Watertown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Howard Lake Apartments | 1 Bed Subsidized units | 1BR,1BA | $675 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $995 |
| Solace on Lake Minnetonka | Harrison | 1BR,1BA | $1,050 |
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Prairie Village | Timber Lea Terrace 2 Bedroom | 2BR,1BA | $1,060 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Dockside Apartments on Lake Minnetonka | The Marina | 1BR,1BA | $1,095 |
| Winsted Fields Apartments | C-2 ADA | 1BR,1BA | $1,125 |
| Lakecrest Village | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,199 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
Best Value Apartments for Rent in Watertown, MN and Nearby
As of March 06, 2026 the best value apartment in the Watertown area is the $0.94 price per square foot 301 Angel Ave SW Model at 301 Angel Ave SW, Unit 1 in the starting from $1,500. The second greatest value Watertown apartment is the 2 Bedroom, Market Rate, Floorplan B Model at Clover Field Marketplace starting at $1,520 with a $1.00 price per square foot in the Highland Shores 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. |
|---|---|---|---|
| 301 Angel Ave SW, Unit 1 | 301 Angel Ave SW | 2BR,1BA | $0.94 |
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Highland Shores Apartments | Floorplan A | 2BR,2BA | $1.55 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.52 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1.36 |
| Prairie Village | Timber Lea Terrace 2 Bedroom | 2BR,1BA | $1.25 |
| Young America Apartments | 2 bedrooms | 2BR,1BA | $1.33 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
| Howard Lake Apartments | 1 Bed Subsidized units | 1BR,1BA | $1.40 |
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.
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.
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Best Local Schools in Watertown, MN
Watertown-Mayer Elementary School
Watertown-Mayer Public School Dist.
Public School - Grades K-4 (528)
9 out of 10
Watertown-Mayer Middle
Watertown-Mayer Public School Dist.
Public School - Grades 5-8 (460)
8 out of 10
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Watertown, MN Rentals by Map
See the most popular apartments and homes in Watertown, MN
Frequently Asked Questions about Cheap Watertown Apartments
What is the Cheapest Studio apartment in Watertown?
Currently the most affordable Cheap Studio Apartment in Watertown is at Granite Works Apartments listed at $1,400.
How much is rent for a Cheap One Bedroom Watertown Apartment?
The lowest price for a Cheap One Bedroom Watertown Apartment is $675 at Howard Lake Apartments.
What is the lowest price for a Cheap Two Bedroom Watertown Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Watertown is starting from $995 at Young America Apartments.
What is the most affordable Watertown Three Bedroom Apartment?
The best deal on a cheap Watertown Three Bedroom Apartment rental is at The Otto and starts from $2,396.
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.