305.5 Central Ave
BuffaloMN55313
Cheap Homes for Rent in Watertown, MN from $1,100 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Watertown.
4470 Denbigh Rd
MoundMN55364
212 Beach
RockfordMN55373
211 Canal Dr
RockfordMN55373
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.
206 Atlantic Ln
RockfordMN55373
611 Freeman Ave S
DelanoMN55328
301 Central Ave
BuffaloMN55313
1236 Heather Ln
WaconiaMN55387
931 Willow Glen Dr
BuffaloMN55313
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.
438 Lake Trail
WinstedMN55395
8327 Victoria Dr
VictoriaMN55386
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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 a home in Watertown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watertown 2 Bedroom Homes for Rent | $1,665 | $1,100 | $2,095 |
| Watertown 3 Bedroom Homes for Rent | $2,857 | $1,495 | $7,500 |
| Watertown 4 Bedroom Homes for Rent | $3,502 | $1,800 | $7,495 |
| Watertown 5 Bedroom Homes for Rent | $7,810 | $2,649 | $10,000+ |
Browse Top Homes for Rent in Watertown
Explore Watertown
Watertown, MN Local Guide
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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 Dockside Apartments on Lake Minnetonka in the Outlying Hennepin Far Western Suburbs neighborhood priced from $1,095. Langdon Lake Apartments in the Outlying Hennepin Far Western Suburbs neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,200. Here is today’s list of the most affordable Watertown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1,095 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1,200 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1,200 |
| Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1,250 |
| Bay Pointe Apartments | 1 BR 1BA - Upgraded | 1BR,1BA | $1,290 |
Best Value Apartments for Rent in Watertown, MN and Nearby
As of June 05, 2025 the best value apartment in the Watertown area is the $1.81 price per square foot D4 - Leland B Model at Marsh Hollow in the in the Scott Far Western Suburbs neighborhood starting from $3,647. The second greatest value Watertown apartment is the 3 Bedroom, Income Restrictions, Floorplan B Model at Clover Field Marketplace starting at $1,658 with a $1.11 price per square foot in the Scott Far Western Suburbs 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. |
|---|---|---|---|
| Marsh Hollow | D4 - Leland B | 3BR,3BA | $1.81 |
| Clover Field Marketplace | 3 Bedroom, Income Restrictions, Floorplan B | 3BR,2BA | $1.11 |
| Greenwood Manor | One Bedroom B | 1BR,1BA | $1.26 |
| Christmas Lake Manor Apartments | Two Bedroom/ One Bathroom | 2BR,1BA | $1.24 |
| Langdon Lake Apartments | 2 BR/1 BA | 2BR,1BA | $1.41 |
| Highland Shores Apartments | Floorplan G | 1BR,1BA | $1.75 |
| Shoreline Place | 2 bedroom / 1 bath | 2BR,1BA | $1.73 |
| Lakecrest Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1.78 |
| Minnetonka Edgewater | One Bedroom, One Bathroom | 1BR,1BA | $1.72 |
| Dockside Apartments on Lake Minnetonka | The Reflection | 1BR,1BA | $1.56 |
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Frequently Asked Questions about Watertown
What type of rentals are currently available in Watertown?
There are currently 56 Apartments for Rent in Watertown, MN with pricing that ranges from $930 to $9,395. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertown ranging from $1,100 to $16,975.
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 $1,100 to $16,975 with an average monthly rent of $3,958.
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 $1,150 to $9,395, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,495 to $7,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $2,400.
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.
The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.
Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.
The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.
Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.