Cheap Apartments for Rent in Watertown, MN
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Apartments For Rent Near Watertown, MN
We found 30 more apartments matching your filters just outside Watertown
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$830 - $955/mo
1-3 Beds
1 BathPheasant Ridge Apartments | 5331-5337 Barthel Industrial Dr NE,
Albertville, MN 55301
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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 Nov 2026 compared to the previous month. Rent previously peaked in Jun 2025.
| Month | Average rent |
|---|---|
| Dec 2025 | $1,800 |
| Jan 2026 | $1,350 |
| Feb 2026 | $1,500 |
| Mar 2026 | $1,500 |
| Apr 2026 | $945 |
| May 2026 | $1,500 |
| Jun 2026 | $1,500 |
| Jul 2026 | $1,500 |
| Aug 2026 | $1,500 |
| Sep 2026 | $1,380 |
| Oct 2026 | $1,500 |
| Nov 2026 | $1,700 |
Average Rent By Bedroom and Home Type
In November 2026, Apartments and Condos were the most affordable home type to rent compared with Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | — | $1,350 | $1,700 | $4,000 | $1,700 |
| Apartments and Condos | — | $1,350 | $1,700 | — | $1,500 |
| Houses | — | — | $2,151 | $4,000 | $2,795 |
Frequently Asked Questions about Rentals in Watertown, MN
- What is the average rent of an apartment in Watertown, MN?The average rent of an apartment in Watertown, MN is $1,500 per month. This is about 22% lower than the national average.
- What are the cheapest months to find an apartment to rent in Watertown, MN?Last year, the cheapest month to find an apartment to rent was Apr 2025 when it was $895 per month.
- How many cheap apartments are available in Watertown, MN?There are 2 apartments to rent that are cheaper than the city’s average rent of $1,700.
- When is the average rent most expensive in Watertown, MN?In the last year, the average rent in Watertown, MN was highest in Jun 2025 when it was $2,499 per month.
- 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.
View this page in Spanish: Apartamentos baratos en renta en Watertown, MN - 1,363 Rentas | Trulia