Apartments For Rent in Watertown, MN

4 rentals

Apartments For Rent Near Watertown, MN

We found 30 more apartments matching your filters just outside Watertown

What Locals Say about Watertown

  • Kevin Heffernan
    "Safe neighborhood, very good restaurants in the area and also several stores close by. People are very friendly and are willing to help when needed."
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  • Elizabeth s.
    "There are families with young kids- going for walks, biking, running, etc. people are friendly and stop and chat while they are out and about the neighborhood. "
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Average Rent Trends in Watertown, MN

Rent in Watertown, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in May 2026 compared to the previous month. Rent previously peaked in Jun 2025.
MonthAverage rent
May 2025$895
Jun 2025$2,499
Aug 2025$2,389
Sep 2025$2,200
Oct 2025$1,825
Nov 2025$1,115
Dec 2025$1,800
Jan 2026$1,350
Feb 2026$1,500
Mar 2026$1,500
Apr 2026$945
May 2026$1,500
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$875$1,200$1,995—$1,200
Townhomes——$2,295—$2,295
Apartments and Condos$875$945——$945
Houses—$1,200$1,995—$1,200
See more information about local market trends in Watertown, MN

Frequently Asked Questions about Rentals in Watertown, MN

  • What is the average rent in Watertown, MN?
    The average rent in Watertown, MN is $1,500. Rent prices range from $945 to as much as $2,295, depending on the type of rental.
  • How does the rent in Watertown, MN compare to the national average?
    Average rent in Watertown, MN is about 21% lower than the national average rent of $1,910. That means it is less expensive to rent in Watertown compared to the U.S. average.
  • What is the average rent in Watertown, MN, by number of bedrooms?
    The average rent in Watertown, MN is $ for a studio, $ for a 1 bedroom, $1,200 for a 2 bedroom, $1,995 for a 3 bedroom, and $ for a 4 bedroom.
  • How have rent prices in Watertown, MN changed compared to last year?
    In the past year, the average rent price in Watertown, MN has increased by $605. That means the average rent is 40% higher than last year.
  • How many available rental listings are in Watertown, MN?
    There are 5 available rental listings in Watertown, MN.
  • What are some zip codes in Watertown, MN?
    Watertown, MN includes zip codes such as: 55388.
  • What are some cities near Watertown, MN?
    Some nearby cities include: Mayer, Saint Bonifacius, Delano, Minnetrista, Montrose. These cities may have more rental options to explore.