Updated 5+ Days Ago
Location
Watertown, SD 57201, USA
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Property Overview
Studios on 3rd 15 3rd Street Southeast earns a strong 7.7/10 overall rating, with especially high marks for location, amenities, and value for money. It offers on-site laundry and a competitive price-to-feature balance, with a helpful location near a top-rated middle school and solid trustworthiness in its listing details.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Less expensive- Middle school nearby
Great for
Social life
Floor plans
| Studios on 3rd 15 3rd Street Southeast - 103 | Studio | 1 bath | $650 /mo | Downtown Studio Unit. Tenant pays electric only. On site laundry. Available immediately | |||
| Studios on 3rd 15 3rd Street Southeast - 3 | 1 bed | 1 bath | $850 /mo | 1 bed, 1 bath $850 deposit, $850 rent $40 application fee No pets 12 month lease |
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Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time.
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Questions about this property’s policies and fees?
Building details
Property details
| Units | 2 |
|---|
About Studios on 3rd 15 3rd Street Southeast
Downtown Studio Unit. Tenant pays electric only. On site laundry. Available immediately
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
7.7
/10
Very GoodStudios on 3rd 15 3rd Street Southeast is worth considering and a notable rental in the neighborhood. Residents prioritizing Location will find this property to be a solid option for their next home. It may not stand out for Quality, but it offers a satisfying, above-average quality of life.
Price·8A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Scoring a 8/10, Studios on 3rd 15 3rd Street Southeast is a great option for renters looking for apartments in this neighborhood. The rent is significantly lower than the median rent for the area, therefore this property is competitively priced for its location and its features. Residents here will find a home that meets their needs with few trade-offs.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, Studios on 3rd 15 3rd Street Southeast is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
Studios on 3rd 15 3rd Street Southeast is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While Studios on 3rd 15 3rd Street Southeast does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
Studios on 3rd 15 3rd Street Southeast provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
Studios on 3rd 15 3rd Street Southeast is great for:
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How Studios on 3rd 15 3rd Street Southeast compares to other nearby properties.
Positives
- Less expensive
- Studio units are cheaper than other similar listings nearby
- Middle school nearby
- There is a middle school 0.7 miles away
- Less expensive
- The 1-bedrooms are cheaper than other similar listings nearby
Considerations
- Greater distance from high schools
- The nearest high school is farther than 1.3 miles away
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Rent trends in Watertown
Studio apartments at Studios on 3rd 15 3rd Street Southeast cost about 52% less than the average rent price for studios in Watertown.
1-bedroom apartments here are priced 25% lower than 1-bedrooms in Watertown.
Median rents as of Oct 31 2026.
Watertown
| Month | Median Rent |
|---|---|
| November 2024 | $765 |
| January 2025 | $829 |
| February 2025 | $829 |
| March 2025 | $805 |
| April 2025 | $636 |
| May 2025 | $600 |
| June 2025 | $609 |
| July 2025 | $595 |
| August 2025 | $1,035 |
| April 2026 | $727 |
| June 2026 | $650 |
| July 2026 | $650 |
| August 2026 | $650 |
| September 2026 | $1,275 |
| October 2026 | $1,470 |
Affordability calculator
Can I afford to live at Watertown?
Bedrooms
Rent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$26,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $26,000 annually to afford this studio monthly rent price of $650.
For more information on rent affordability, visit our rent calculator.
Schools near Studios on 3rd 15 3rd Street Southeast
Jefferson Elementary School
1701 n maple st
watertown, SD, 57201
K-4Public
B
Garfield Education Center - 14
216 10th st se
watertown, SD, 57201
PKPublic
Getting around SD 57201 near Watertown
Walking
4/10
Some shops and stores are within a few minutes.
Driving
7/10
This area is close to freeways and has adequate parking options.
Cycling
4/10
This is semi-bikeable, but you’ll need another way of getting around.
Points of interest for Watertown, SD 57201
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
5/10
Variety of shops within a short drive
Cafes
2/10
Some cafés within a short drive
Restaurants
5/10
Variety of restaurants within a short drive
Primary schools
10/10
At least one elementary school within a 5-minute walk
High schools
9/10
At least one high school within a 5-minute walk
Nightlife
5/10
Variety of bars within a short drive
Explore the area around Watertown
Roger L Albertson DDS PC
324 4th St NE
Coteau Community Market
1316 3rd St NW
County Fair Food Store
14 2nd St NE
El Tapatio
717 9th Ave SE
Hy-Vee
1320 9th Ave SE
Bridal & Tuxedo Shop
120 E Kemp Ave
Dorale's Footwear & Fashions
5 S Maple
Shoe Shop
5 S Maple
GSI Thrift
102 W Kemp Ave
The Salvation Army Family Store
621 4th St SE
Gather
122 E Kemp Ave
Tropical Smoothie Cafe
911 11th St SE
Caribou Coffee
933 5th St SE
Scooter's Coffee
108 9th Ave SE
Caribou Coffee at Hy-Vee
1320 9th Ave SE
Dueces Casino
137 5th St NE
Dempsey's
127 N Broadway
Winner's Circle Casino
103 5th St NE
Doc's Bar
33 N Maple
Duffy's Bar
22 N Broadway
Coteau Community Market
1316 3rd St NW
Health Food Center
118 E Kemp Ave
Five Loaves Bakery
16 S Broadway
Walmart Bakery
1201 29th St SE
Walmart Deli
1201 29th St SE
Playground
Dog Park
Highland Park
Recreation Ground
Playground
Chester's Chicken
1400 4th St NE
Tacos El Primo
Dagwood's Subs
180 4th St NE
Dempsey's
127 N Broadway
The Shamrocks & Edelweiss Corporation
127 N Broadway
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