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Newest Homes for Rent in Watertown, MN

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  • 604 White St SW Unit 25, Watertown, MN 55388
    604 White St SW Unit 25, Watertown, MN 55388
    604 White St SW Unit 25, 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
  • 604 White St SW Unit 42, Watertown, MN 55388
    604 White St SW Unit 42, Watertown, MN 55388
    604 White St SW Unit 42, Watertown, MN 55388
    /8

    $1,850 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
  • 604 White St SW Unit 2, Watertown, MN 55388
    604 White St SW Unit 2, Watertown, MN 55388
    604 White St SW Unit 2, Watertown, MN 55388
    /5

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    604 White St SW Unit 2, Watertown, MN 55388

    All you need in one BEAUTIFUL space! 2 Bedroom | 1 Bath apartment conveniently located near multiple businesses, shopping, dining, and everyday essentials. Everything you need is just minutes away! Don't miss this amazing opportunity to be in a welcoming, pet-friendly community!

    Diane Sikes Rock Island MHP

    604 White St SW Unit 2, Watertown, MN 55388
  • 205 Jackson Ave NW Unit Upper Level of Home, Watertown, MN 55388
    205 Jackson Ave NW Unit Upper Level of Home, Watertown, MN 55388
    205 Jackson Ave NW Unit Upper Level of Home, Watertown, MN 55388
    /12

    $1,350

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • House for Rent

    205 Jackson Ave NW Unit Upper Level of Home, Watertown, MN 55388

    KEY FEATURES- Sq Footage: ~1,100 sqft.- Bedrooms: 3 Beds- Bathrooms: 1 Bath- Parking: Off Street Parking- Lease Duration: 1 Year (See Details Below)- Deposit: $2,000- Pets Policy: No Pets Allowed- Laundry: No Laundry onsite- Property Type: DuplexDESCRIPTIONThe rental space is the upper level of the home.This is the home YOU have been

    205 Jackson Ave NW Unit Upper Level of Home, Watertown, MN 55388
Minnesota Carver County

Newest Homes for Rent in Watertown, MN

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 $1,275 per month, though prices vary by neighborhood, size, and property type. As of July 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 $51,000 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 $1,275 per month in Watertown, MN, renters typically need to show $3,825 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 24.5, 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 $1,275 per month, with single-family homes renting at $1,275.

Rental Home Trends

Number of Homes for Rent
4
Median Rent
$1,275
Median Single Family Home Rent
$1,275
How to Rent a Home

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