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Cheap Apartments for Rent in Watertown, MN from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in Watertown.
604 White St SW
WatertownMN55388
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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 - $795
Plus Fees
1 to 2 Bedroom Apartments Available NowHoward Lake Apartments
1208 7th StHoward Lake, MN 55349
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$900 - $1,025
Plus Fees
1 to 2 Bedroom Apartments Available Now9080 County Road 50
9080 County Road 50Rockford, MN 55373
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$1,000 - $2,200
Plus Fees
Studio to 3 Bedroom Apartments Available NowBayview 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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Rent Specials
$1,015 - $1,370
Plus Fees
2 to 3 Bedroom Apartments Available NowPrairie Village
800 Meadow Lake PlWaconia, MN 55387
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$1,059 - $1,300
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowShoreline Place
5000-5028 Shoreline DrMound, MN 55364
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$1,080 - $1,450
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowChristmas Lake Manor Apartments
834-836 3rd AveExcelsior, MN 55331
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$1,110 - $1,135
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Oct 10Bay Pointe Apartments
840-846 3rd AveExcelsior, MN 55331
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$1,120 - $1,795
Plus Fees
1 to 2 Bedroom Apartments Available NowDockside Apartments on Lake Minnetonka
2450 Island DrSpring Park, MN 55384
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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$1,150 - $1,950
Plus Fees12 Month Lease Term
Studio to 1 Bedroom Apartments Available Sep 12Minnetonka Edgewater
4177 Shoreline DrSpring Park, MN 55384
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$1,150 - $1,300
Plus Fees
1 to 2 Bedroom Apartments Available NowLangdon Lake Apartments
2479-2501 Commerce BlvdMound, MN 55364
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$1,175
Plus Fees12 Month Lease Term
1 Bedroom Apartments Contact Us For AvailabilityWater's Edge Townhomes
218 Waters Edge DrChaska, MN 55318
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$1,299 - $1,369
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowRiverwalk Apartments
405-407 River St SDelano, MN 55328
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.
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$1,299 - $1,599
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowLakecrest Apartments
5600 Grandview BlvdMound, MN 55364
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$1,325
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityShorewood Place Apartments
5540 Cr-19Shorewood, MN 55331
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$1,335
Plus Fees
2 Bedroom Apartments Contact Us For AvailabilityBarbary Knoll Apartments
1596 Millpond CtChaska, MN 55318
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$1,383 - $2,503
Total Monthly Price12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,375 - $2,495
Required Monthly Fees
$8
Total Monthly Price
$1,383 - $2,503
Lake Jonathan Flats
3000 N Chestnut StChaska, MN 55318
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$1,395 - $1,495
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available NowHarbor District Apartments
2360 Commerce BlvdMound, MN 55364
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$1,400 - $2,600
Plus Fees12 Month Lease Term
Studio to 2 Bedroom Apartments Available NowGranite Works Apartments
35 Granite LnDelano, MN 55328
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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.
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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 | $1,346 | $1,000 | $1,529 |
| Watertown 1 Bedroom Apartments | $1,687 | $655 | $2,797 |
| Watertown 2 Bedroom Apartments | $2,214 | $782 | $3,937 |
| Watertown 3 Bedroom Apartments | $2,782 | $1,180 | $5,695 |
| Watertown 4 Bedroom Apartments | $3,350 | $3,350 | $3,350 |
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
- ZIP codes
- Local Counties
- School Districts
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. 9080 County Road 50 in the Hurst Woods neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $975. 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 | 1BR,1BA | $675 |
| 9080 County Road 50 | 2 Bedroom | 2BR,1BA | $975 |
| Prairie Village | Timber Lea Terrace 2 Bedroom | 2BR,1BA | $1,015 |
| Shoreline Place | 2 bed / 1 ba | 2BR,1BA | $1,059 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1,080 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,120 |
| Langdon Lake Apartments | 1 BR/1 BA | 1BR,1BA | $1,150 |
| Minnetonka Edgewater | Newly Renovated Studio | Studio,1BA | $1,150 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1,299 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,299 |
Best Value Apartments for Rent in Watertown, MN and Nearby
As of September 06, 2025 the best value apartment in the Watertown area is the $1.22 price per square foot 301 Angel Ave SW Model at 301 Angel Ave SW, Unit 1 in the starting from $1,950. 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 | $1.22 |
| Clover Field Marketplace | 2 Bedroom, Market Rate, Floorplan B | 2BR,1BA | $1.00 |
| Prairie Village | Prairie Village 3 Bedroom | 3BR,2BA | $1.20 |
| Riverwalk Apartments | 2 bedroom remodel | 2BR,1BA | $1.44 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| 9080 County Road 50 | 2 Bedroom | 2BR,1BA | $1.15 |
| Shoreline Place | 2 bed / 1 ba (updated) | 2BR,1BA | $1.60 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.60 |
| Christmas Lake Manor Apartments | One Bathroom/ One Bedroom | 1BR,1BA | $1.55 |
| Howard Lake Apartments | 1 Bed | 1BR,1BA | $1.40 |
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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
Getting Around Watertown, MN
Walk Score®
32 / 100
Car-Dependent
Most errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Minnetonka Edgewater listed at $1,150.
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 $795 at Howard Lake Apartments.
What is the most affordable Watertown Three Bedroom Apartment?
The best deal on a cheap Watertown Three Bedroom Apartment rental is at Prairie Village and starts from $1,180.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.