Cheap Homes for Rent in Watertown, TN from $1,100 (22 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

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property at 308 Elm Ave
$1,800

Total Monthly Price

Base Rent$1,800

Total Monthly Price$1,800
3 Bedroom, 2 Bath Home for Rent
Available Now

308 Elm Ave

WatertownTN37184

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Watertown, TN Local Guide

Cheapest Available Watertown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watertown, TN is a 1 Bed unit found at Crosswinds Condominiums in the Colonial Village neighborhood priced from $1,095. The Pointe at Five Oaks in the Colonial Village neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,128. Here is today’s list of the most affordable Watertown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Crosswinds Condominiums1 BR 1 BA Flat1BR,1BA$1,095
The Pointe at Five OaksA1 Huckleberry - One Bedroom, One Bathroom1BR,1BA$1,128
Summerfield ApartmentsStudioStudio,1BA$1,149
The Highlands3B-RAD-50%3BR,2BA$1,182
Greentree Pointe2 Bedroom Townhome2BR,2BA$1,183

Best Value Apartments for Rent in Watertown, TN and Nearby

As of September 06, 2026 the best value apartment in the Watertown area is the $1.08 price per square foot 3 Bedrooms, 2.5 Bathrooms Model at Legends Townhomes in the in the Colonial Village neighborhood starting from $1,999. The second greatest value Watertown apartment is the 3A Model at South Maple Townhomes starting at $1,999 with a $1.16 price per square foot in the Colonial Village neighborhood. Here is today’s list of the best values for Watertown apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Legends Townhomes3 Bedrooms, 2.5 Bathrooms3BR,2.5BA$1.08
South Maple Townhomes3A3BR,2.5BA$1.16
Cedar City TownhomesUnit 273BR,2.5BA$1.11
Provenza at Park PlaceC2 1387sf 3/23BR,2BA$1.30
Greentree Pointe3 Bedroom Townhome3BR,2BA$1.09
Stonehenge - TNB22BR,2BA$1.36
Bluebird Townhomes1200 Bluebird, Unit D2BR,1.5BA$1.31
Caney Commons111 Caney Commons, Unit 22BR,2.5BA$1.18
Victoria Place Townhomes2 Bedroom 2.5 Bath Townhome2BR,2.5BA$1.32
Ironwood Apartments2 x 22BR,2BA$1.36

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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Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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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 Watertown

What type of rentals are currently available in Watertown?

There are currently 47 Apartments for Rent in Watertown, TN with pricing that ranges from $999 to $3,188. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertown ranging from $1,100 to $3,850.

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 $3,850 with an average monthly rent of $1,949.

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 $1,182 to $3,188, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,900. Four Bedroom Single-Family rentals are also available starting from $2,200 and Four Bedroom Apartments start at $1,850.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.