Cheap Homes for Rent in Watertown, TN from $900 (9 Rentals)

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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.

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.

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 The Reserve at Lebanon in the Colonial Village neighborhood priced from $1,029. Greentree Pointe in the Colonial Village neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,169. Here is today’s list of the most affordable Watertown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Reserve at Lebanon1 Bed / 1 Bath1BR,1BA$1,029
Greentree Pointe2 Bedroom Townhome2BR,2BA$1,169
Ironwood Apartments1 x 11BR,1BA$1,210

Best Value Apartments for Rent in Watertown, TN and Nearby

As of April 12, 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 1235 Bluebird, Unit B Model at Bluebird Townhomes starting at $1,775 with a $0.99 price per square foot in the Downtown Lebanon 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
Bluebird Townhomes1235 Bluebird, Unit B4BR,2.5BA$0.99
Cedar City TownhomesUnit 223BR,2.5BA$1.11
Stone Haven Villas701 Hollie Way3BR,2.5BA$1.31
South Maple Townhomes2A2BR,2.5BA$1.24
Greentree Pointe3 Bedroom Townhome3BR,2BA$1.26
Spring Hill TownhomesThree Bedroom Two Bath3BR,2BA$1.15
255 New Town Rd.243 New Town Rd.3BR,1.5BA$1.16
MAA MurfreesboroWoodward2BR,2BA$1.28
Caney Commons3-bedroom3BR,2.5BA$1.27

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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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Quick 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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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 45 Apartments for Rent in Watertown, TN with pricing that ranges from $1,000 to $3,285. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertown ranging from $995 to $3,295.

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 $995 to $3,295 with an average monthly rent of $2,164.

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 $1,395 to $3,171, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,647 to $2,975. Four Bedroom Single-Family rentals are also available starting from $2,000 and Four Bedroom Apartments start at $1,775.

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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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.

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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.

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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.

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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.