Cheap Apartments for Rent in Watertown, WI from $400 (54 Rentals)

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

property at 205 Sunnyfield Ct

$1,245

Total Monthly Price

Total Monthly Price

Base Rent
$1,245
Total Monthly Price
$1,245

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

205 Sunnyfield Ct

WatertownWI53098
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Watertown Square
1 to 3 Bedroom Apartments

Watertown Square

150 Lakeside TerWatertown, WI 53094
  • Utilities Included

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

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Heritage Apartments
1 to 2 Bedroom Apartments

Heritage Apartments

1199 N Fourth StWatertown, WI 53098
  • Utilities Included
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WaterTown Meadows
1 to 2 Bedroom Apartments

WaterTown Meadows

801-805 Clark StWatertown, WI 53094
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904 Fox Creek Dr
2 Bedroom Apartments

904 Fox Creek Dr

904 Fox Creek DrWatertown, WI 53098

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.

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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.

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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.

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405 Stark St
2 Bedroom Apartments

405 Stark St

405 Stark StBeaver Dam, WI 53916
  • Utilities Included

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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Watertown, WI Local Guide

Cheapest Neighborhoods for Apartments in Watertown, WI

Pricing Updated: 07/28/2026

Current apartment rentals in the Watertown, WI area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Watertown Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Concord Estates$1,992$87045

Cheapest Available Watertown Apartments for Rent and Nearby

 

The cheapest available apartment rental in Watertown, WI is a 2 Beds unit found at Watertown East Apartments in the Concord Estates neighborhood priced from $870. Hawthorne Apartments in the Jefferson County neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $995. Here is today’s list of the most affordable Watertown apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Watertown East ApartmentsGarden Style2BR,1BA$870
Hawthorne Apartments1 Bedroom With Balcony Lower1BR,1BA$995
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1,075
River Mill Senior Residences1x11BR,1BA$1,150
Hillcrest ApartmentsB1 SR - B1 SR1BR,1BA$1,195
Lumin Terrace8 - Upper1BR,1BA$1,235
Morningside Orchard Apartments1 Bedroom Apartment (Upper)1BR,1BA$1,275
Tamarack Apartment Homes2 Bedroom2BR,1BA$1,300
Pondview Apartments2 BR/ 1 BA2BR,1BA$1,300
Monroe Street Apartments3x2 Medium3BR,2BA$1,326

Best Value Apartments for Rent in Watertown, WI and Nearby

As of July 28, 2026 the best value apartment in the Watertown area is the $1.04 price per square foot 3 Bed 2 Bath Model at KESTREL RIDGE in the in the Columbia County neighborhood starting from $1,350. The second greatest value Watertown apartment is the 2 Bed 2 Bath. Model at Rock Creek Apartments starting at $1,549 with a $1.20 price per square foot in the Brookstone Meadows 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.
KESTREL RIDGE3 Bed 2 Bath3BR,2BA$1.04
Rock Creek Apartments2 Bed 2 Bath.2BR,2BA$1.20
Monroe Street Apartments3x2 Medium3BR,2BA$1.06
The Ponds2 Bed 1 Bath (3)(6)2BR,1BA$1.46
Tamarack Gardens-Distinctive 55+ Community2 Beds 1.5 Bath2BR,1.5BA$1.35
Tamarack Apartment Homes2 Bedroom2BR,1BA$1.16
Parquelynn VillageOakwood2BR,1BA$1.44
Pondview Apartments2 BR/ 1 BA2BR,1BA$1.30
Knowlton Woods ApartmentsTwo Bedroom2BR,1BA$1.34
Watertown East ApartmentsGarden Style2BR,1BA$1.09

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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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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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, WI

School data provided by Great Schools

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Watertown, WI Rentals by Map

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Frequently Asked Questions about Cheap Watertown Apartments

How much is rent for a Cheap One Bedroom Watertown Apartment?

The lowest price for a Cheap One Bedroom Watertown Apartment is $995 at Hawthorne 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 $870 at Watertown East Apartments.

What is the most affordable Watertown Three Bedroom Apartment?

The best deal on a cheap Watertown Three Bedroom Apartment rental is at Watertown East Apartments and starts from $984.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals article

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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

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

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

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.