Watertown, MN House for Rent

/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
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Minnesota Carver County

Frequently Asked Questions

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

The median rent for a single-family home in Watertown, MN is $1,200 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 $48,000 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 $1,200 per month in Watertown, MN, renters typically need to show $3,600 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 26.0, 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 Home Trends in Watertown, MN

There are currently 1 single-family homes available for rent in Watertown, MN. The median rent is $1,200 per month.

Rental Home Trends

Number of Houses for Rent

Median Single Family Home Rent

$1,200

How to Rent a Home

Houses for Rent by Bedrooms in Watertown

2 Bedroom Houses for Rent in Watertown

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