
Cheap Apartments for Rent in Watertown, WI from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in Watertown.

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.
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.

Fairview Senior Apartment Homes

Hawthorne Senior Apartments

KESTREL RIDGE

Morningside Orchard Apartments

Knowlton Woods Apartments

204 W Main St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

150 S River St

133 N High St
Watertown, WI Local Guide

How much does it cost to rent an apartment in Watertown?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Watertown Studio Apartments | $1,717 | $1,385 | $2,096 |
Watertown 1 Bedroom Apartments | $1,801 | $829 | $5,260 |
Watertown 2 Bedroom Apartments | $2,120 | $870 | $6,720 |
Watertown 3 Bedroom Apartments | $2,733 | $984 | $4,003 |
Watertown 4 Bedroom Apartments | $1,001 | $1,001 | $1,001 |
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Watertown, WI Local Guide
- Watertown Neighborhoods
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Cheapest Neighborhoods for Apartments in Watertown, WI
Pricing Updated: 06/23/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Concord Estates | $1,025 | $870 | 4 |
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. Morningside Orchard Apartments in the Hickorywood Farms neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here is today’s list of the most affordable Watertown apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Watertown East Apartments | Garden Style | 2BR,1BA | $870 |
Morningside Orchard Apartments | 1 Bedroom Apartment (Upper) | 1BR,1BA | $900 |
405 Stark St | 2 bed 1 bath | 2BR,1BA | $975 |
Knowlton Woods Apartments | Two Bedroom | 2BR,1BA | $1,000 |
Parquelynn Village | Oakwood | 2BR,1BA | $1,325 |
Best Value Apartments for Rent in Watertown, WI and Nearby
As of June 23, 2025 the best value apartment in the Watertown area is the $1.42 price per square foot 3BEDRM UPPER Model at Pondview Apartments in the in the Brookstone Meadows neighborhood starting from $1,700. The second greatest value Watertown apartment is the 2 Bed 2 Bath (1)(8) Model at The Ponds starting at $1,849 with a $1.55 price per square foot in the Whispering Woods 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. |
---|---|---|---|
Pondview Apartments | 3BEDRM UPPER | 3BR,2BA | $1.42 |
The Ponds | 2 Bed 2 Bath (1)(8) | 2BR,2BA | $1.55 |
River Park Apartments | 2 Bed, 2 Bath lower | 2BR,2BA | $1.36 |
Parquelynn Village | Summit | 2BR,1.5BA | $1.49 |
Summer Ridge | D2M | 2BR,2BA | $1.66 |
Hackney House Apartments | A5-G | 1BR,1BA | $2.15 |
Rock Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.87 |
Watertown East Apartments | Garden Style | 2BR,1BA | $1.09 |
405 Stark St | 2 bed 1 bath | 2BR,1BA | $1.22 |
Lake Country Village Apartments | Remodeled 1B1B | 1BR,1BA | $1.97 |
Quick Rent Budget Calculator
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Best Local Schools in Watertown, WI
School data provided by Great Schools
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Getting Around Watertown, WI
Walk Score®
40 / 100
Car-Dependent
Most errands require a car
Bike Score®
38 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
1 / 100
Minimal Transit
It may be possible to get on a bus
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 a cheap apartment in Watertown?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Watertown is under $1,500.
What is the price of a cheap apartment in Watertown?
The cheapest apartment in Watertown is Morningside Orchard Apartments which is listed at $900, while the average apartment in Watertown costs $1,025.
What types of apartments are the cheapest in Watertown?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Watertown that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Watertown?
Cheap apartments in Watertown have an average cost of $758 which is $267 cheaper than the average rent for all rentals in Watertown.
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.

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.

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.