Newest Homes for Rent in Watertown, MN

/29
$1,500

Total Monthly Price
- 2 Beds
- 1 Bath
- 1,500 Sq Ft
- Townhouse for Rent
303 Angel Ave SW, Watertown, MN 55388

303 Angel Ave SW, Watertown $1,500 | 2 beds | 1 bath | 1,500 sq ft | A beautiful side-by-side duplex located within walking distance to downtown Watertown. This unit offers 2 bedrooms and 1 bathroom, with original woodwork throughout the space. 1-car stall in the garage for convenient parking Laundry is available in the unit, and tenants are responsible for all utilities

303 Angel Ave SW, Watertown, MN 55388
Explore Watertown
/8
$1,700 Per Month
- 3 Beds
- 2 Baths
- Property for Rent
604 White St SW Unit 42, Watertown, MN 55388

This home won't last long at this price! 3 Bedrooms 2 Bathrooms $1,850/month

Diane Sikes Rock Island MHP

604 White St SW Unit 42, Watertown, MN 55388
/4
$1,350 Per Month
- 2 Beds
- 1 Bath
- Property for Rent
604 White St SW Unit 25, Watertown, MN 55388

Looking for a 2-bedroom home? This one is available now: 2 Bedrooms 1 Bathroom $1,350/month Comfortable, affordable, and ready for move-in. Message us before it's gone!

Diane Sikes Rock Island MHP

604 White St SW Unit 25, Watertown, MN 55388
/9
$2,200

Total Monthly Price
- 3 Beds
- 2 Baths
- 1,276 Sq Ft
- House for Rent
413 Angel Ave SW, Watertown, MN 55388

Cute 3-bedroom 2 bath home located in downtown Watertown. Main level offers 2 bedrooms, full kitchen with new dishwasher, living room and main level bathroom with tub. Head upstairs to find an extra-large bedroom with a large closet. Located in the finished basement you will find a newly remodeled bathroom with a tub/shower combo. Find 2 bonus rooms- bedrooms or extra space that would make a

413 Angel Ave SW, Watertown, MN 55388

Minnesota Carver County

Frequently Asked Questions

How much does it cost to rent a home in Watertown, MN?

The median rent for a home in Watertown, MN is $1,850 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option.

How much do you need to make to afford rent in Watertown, MN?

To comfortably afford the median rent in Watertown, MN, a household needs to earn roughly $74,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,850 per month in Watertown, MN, renters typically need to show $5,550 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Watertown, MN?

In Watertown, MN, the price-to-rent ratio is 16.9, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Watertown, MN

There are currently 4 homes available for rent in Watertown, MN. The median rent is $1,850 per month, with single-family homes renting at $1,850.

Rental Home Trends

Number of Homes for Rent 4	Median Rent $1,850
Median Single Family Home Rent $1,850

How to Rent a Home

Rentals in Watertown

Homes for Rent by Bedrooms in Watertown

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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