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405 E Watertown is rated 8.3 out of 10 overall, with especially strong marks for amenities and location, plus solid value and trustworthiness. It offers off-street parking, a spacious unit, newer flooring, and a close-to-downtown setting, while nearby transit, walkability, parks, restaurants, and pet services add to its appeal.
Things you’ll love
Less expensiveMiddle school nearbyElementary school nearbyGreat for
Social life
Work-from-home
Eco living| 1BR/1.0BA | 1 bed | 1 bath | 600 sqft | $872 /mo | 1 unit available | Cute basement 1 bedroom, 1 bath apartment for rent. This is a 1 bedroom basement apartment with non-conforming windows. Spacious unit and off-street parking. Close to downtown and shopping. Newer flooring and paint. Rent $795; $40 flat water/sewer/garbage fee; Tenant responsible for gas, electric and cable/internet $795 security deposit (No Security Deposit for qualified renters! Ask our office for details!) Small pets welcome with references, pet deposit & pet rent (Pet deposit $500 first pet; $300 each additional. Pet rent $50/month per pet) Tenant Responsible Utility Provider(s): Black Hills Energy (BHE), Montana-Dakota Utilities (MDU) Standard lease terms are 12-months; or please contact our office to see if there are optional lease terms available. For further information or to schedule a showing, please call (605) 721-9095 or visit www ccpropertymgmt com ** Renters Insurance & Resident Benefits Package (RBP) All CC Property Management residents are required to maintain renters insurance. Residents will automatically be enrolled in our master liability insurance plan ($11.95/month) unless proof of third‑party renters insurance is provided. This requirement applies to all CCPM residents and is not optional. More details are available upon application. ** Resident Benefits Package (RBP) - A comprehensive Resident Benefits Package is also required for all residents. This package delivers valuable services designed to enhance your rental experience, including: - Credit‑building opportunities - Identity theft protection - Move‑in concierge service for utility setup - A robust resident rewards program - (For applicable properties) HVAC air filter delivery * See the attached flyer for a full list of benefits!! ** Monthly RBP cost: - $25/month; $30/month for properties requiring HVAC air filter delivery ** Total Monthly RBP costs: - $36.95/month (RBP $25 + Liability Insurance $11.95) - $41.95/month (RBP $30 + Liability Insurance $11.95) Equal Housing Opportunity #CCPM #CCPropertyManagement #RapidCityRentals #BlackHillsLiving #ForRent |
Let's explore this property.
Apartment Amenities
| Private Entry |
Appliances
| Gas Range | Range |
| Refrigerator |
Building
| Cats OK | Dogs OK |
Grounds
| Off-Street Parking |
Services
| Package Service | Resident Benefits Package |
Neighborhood
| Centrally Located | Nearby Shopping |
Other
| Small Pet Friendly |
One-time.
Monthly.
Monthly.
1 cat max.
1 dog max.
Questions about this property’s policies and fees?
| Units | 3 |
|---|
Cute basement 1 bedroom, 1 bath apartment for rent. This is a 1 bedroom basement apartment with non-conforming windows. Spacious unit and off-street parking. Close to downtown and shopping. Newer flooring and paint. Rent $795; $40 flat water/sewer/garbage fee; Tenant responsible for gas, electric and cable/internet $795 security deposit (No Security Deposit for qualified renters! Ask our office for details!) Small pets welcome with references, pet deposit & pet rent (Pet deposit $500 first pet; $300 each additional. Pet rent $50/month per pet) Tenant Responsible Utility Provider(s): Black Hills Energy (BHE), Montana-Dakota Utilities (MDU) Standard lease terms are 12-months; or please contact our office to see if there are optional lease terms available. For further information or to schedule a showing, please call (605) 721-9095 or visit www ccpropertymgmt com ** Renters Insurance & Resident Benefits Package (RBP) All CC Property Management residents are required to maintain renters insurance. Residents will automatically be enrolled in our master liability insurance plan ($11.95/month) unless proof of third‑party renters insurance is provided. This requirement applies to all CCPM residents and is not optional. More details are available upon application. ** Resident Benefits Package (RBP) - A comprehensive Resident Benefits Package is also required for all residents. This package delivers valuable services designed to enhance your rental experience, including: - Credit‑building opportunities - Identity theft protection - Move‑in concierge service for utility setup - A robust resident rewards program - (For applicable properties) HVAC air filter delivery * See the attached flyer for a full list of benefits!! ** Monthly RBP cost: - $25/month; $30/month for properties requiring HVAC air filter delivery ** Total Monthly RBP costs: - $36.95/month (RBP $25 + Liability Insurance $11.95) - $41.95/month (RBP $30 + Liability Insurance $11.95) Equal Housing Opportunity #CCPM #CCPropertyManagement #RapidCityRentals #BlackHillsLiving #ForRent
How 405 E Watertown compares to other nearby properties.
Positives
Considerations
1-bedroom apartments at 405 E Watertown cost about 24% less than the average rent price for 1-bedroom apartments in Rapid City.
| Month | Median Rent |
|---|---|
| November 2024 | $900 |
| December 2024 | $900 |
| January 2025 | $915 |
| February 2025 | $950 |
| March 2025 | $922 |
| April 2025 | $909 |
| May 2025 | $937 |
| June 2025 | $943 |
| July 2025 | $915 |
| August 2025 | $920 |
| September 2025 | $901 |
| October 2025 | $905 |
| November 2025 | $909 |
| December 2025 | $915 |
| January 2026 | $900 |
| February 2026 | $913 |
| March 2026 | $964 |
| April 2026 | $995 |
| May 2026 | $1,191 |
| June 2026 | $1,475 |
| July 2026 | $1,352 |
| August 2026 | $1,094 |
| September 2026 | $1,000 |
| October 2026 | $996 |
Can I afford to live at 405 E Watertown St?
Bedrooms
1 bedroomRent-to-income ratio
30%
$34,880/yr
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$1,040–$1,080
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
4404 Candlewood Pl
Studio–2 Beds
$1,030–$1,315
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.
118 Waterloo St
2–3 Beds
$697–$997
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1090 N Valley Dr
Studio
$1,052
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.1062 N Valley Dr
1–2 Beds
$1,050–$1,372
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.761 E Anamosa St
1–3 Beds
$886–$1,542
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.721 Eldene Ln
2–3 Beds
$777–$1,220
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.3200 Jaffa Garden Way
Studio–2 Beds
$1,010–$1,360
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.3638 5th St
1–2 Beds
$1,040–$1,080
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.4404 Candlewood Pl
Studio–2 Beds
$1,030–$1,315
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.118 Waterloo St
2–3 Beds
$697–$997
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.1090 N Valley Dr
Studio
$1,052
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.1062 N Valley Dr
1–2 Beds
$1,050–$1,372
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.761 E Anamosa St
1–3 Beds
$886–$1,542
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.721 Eldene Ln
2–3 Beds
$777–$1,220
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.3200 Jaffa Garden Way
Studio–2 Beds
$1,010–$1,360
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.
