Zumper
modified
4 Hours Ago

Highlights

  • Zero Deposit
  • Pet Friendly
  • Off-street parking
  • Closer to downtown

Location

405 E Watertown St, Rapid City, SD 57701, USA
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Tour 405 E Watertown

Contact

Management

CC Property Mgmt, LLC

Leasing office

(605) 721-9095

Property Overview

405 E Watertown offers off-street parking and is conveniently located closer to downtown. The property excels in pet friendliness with numerous pet supply and grooming services nearby, while also promoting environmental sustainability through walkable access to parks and public transit. Additionally, it caters to social life with a high concentration of restaurants and facilitates remote work with ample natural lighting, high-speed internet, and a quiet environment.

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.

Zumper Expert Rating

8.3
Very Good
With a solid 8.3 out of 10 overall, 405 E Watertown is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 405 E Watertown has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.

Things you’ll love

  • Less expensive
  • Middle school nearby
  • Elementary school nearby

Great for

  • Pet owners
  • Eco living
  • Social life

Floor plans

1BR/1.0BA1 bed1 bath600 sqft$825 /mo1 unit availableCute 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 $825 + $40 flat water/sewer/garbage fee (tenant responsible for gas, electric and cable/internet) $825 security deposit. (No Security Deposit for qualified renters... ask our office for details!) Standard lease terms are 12-months; or please contact our office to see if there are optional lease terms available. Pets welcome with references, pet deposit & pet rent (Pet deposit $500 first pet; $300 each additional. Pet rent $50/month per pet) For further information or to schedule a showing, please call (605) 721-9095 or visit www ccpropertymgmt com PLEASE NOTE: All CC Property Management residents will be enrolled in our liability insurance plan ($11.95/month) unless proof of renters insurance from a third party is provided. (Renters insurance is required for all CCPM residents and is not optional.) A comprehensive Resident Benefits Package (RBP) is also required. This valuable package offers a variety of excellent perks, from credit building and identity theft protection to a move-in concierge service for utilities and a great resident rewards program. The RBP is $25/month; or $30/month for applicable properties needing HVAC air filters (delivery included). More details upon application. See attached flyer for all of the fantastic benefits! Equal Opportunity Housing #CCPM #CCPropertyManagement #RapidCityRentals

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Amenities for 405 E Watertown

Apartment Amenities

Private Entry

Appliances

Gas RangeRange
Refrigerator

Building

Cats OKDogs OK

Grounds

Off-Street Parking

Services

Package ServiceResident Benefits Package

Neighborhood

Centrally LocatedNearby Shopping
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

Applicants

One-time.

Contact Property

Dog Policy

Allowed
Limit1

Cat Policy

Allowed
Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units3
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About 405 E Watertown

HomeApartments in Rapid City 405 E Watertown

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 $825 + $40 flat water/sewer/garbage fee (tenant responsible for gas, electric and cable/internet) $825 security deposit. (No Security Deposit for qualified renters... ask our office for details!) Standard lease terms are 12-months; or please contact our office to see if there are optional lease terms available. Pets welcome with references, pet deposit & pet rent (Pet deposit $500 first pet; $300 each additional. Pet rent $50/month per pet) For further information or to schedule a showing, please call (605) 721-9095 or visit www ccpropertymgmt com PLEASE NOTE: All CC Property Management residents will be enrolled in our liability insurance plan ($11.95/month) unless proof of renters insurance from a third party is provided. (Renters insurance is required for all CCPM residents and is not optional.) A comprehensive Resident Benefits Package (RBP) is also required. This valuable package offers a variety of excellent perks, from credit building and identity theft protection to a move-in concierge service for utilities and a great resident rewards program. The RBP is $25/month; or $30/month for applicable properties needing HVAC air filters (delivery included). More details upon application. See attached flyer for all of the fantastic benefits! Equal Opportunity Housing #CCPM #CCPropertyManagement #RapidCityRentals


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.
8.3
/10
Very Good
With a solid 8.3 out of 10 overall, 405 E Watertown is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 405 E Watertown has a number of attractive features—namely its Amenities— so you can be assured your rent will come with a high standard of living.
How we rated 405 E Watertown
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, 405 E Watertown 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·10A 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.
405 E Watertown stands out as a premier property with an impressive array of amenities and an excellent standard of living. Residents here have access to many of the most popular and desired perks—pets allowed—making this one of the top choices for renters seeking unparalleled comfort and convenience.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
405 E Watertown 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 405 E Watertown does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·8A 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.
The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

405 E Watertown is great for:

Pet owners

  • 9 pet supply stores near the property
  • 2 pet grooming services nearby

Eco living

  • Public transit available nearby
  • You can get around by foot in this area
  • 6 parks within a mile

Social life

  • Areas nearby are accessible by walking
  • 64 restaurants within 1 mile of this property
  • The area has transit options
  • A bustling neighborhood

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 405 E Watertown compares to other nearby properties.

Positives

Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 1 mile away
Elementary school nearby
There is an elementary school 1 mile away
Package service
More secure storage for delivery

Considerations

Lacks images
Fewer than 10 photos available for this location

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Rent trends in Rapid City

1-bedroom apartments at 405 E Watertown cost about 17% less than the average rent price for 1-bedroom apartments in Rapid City.

Median rents as of Feb 21 2026.
Rapid City
A table of studio rental data trends in Rapid City
MonthMedian Rent
March 2024$929
April 2024$928
May 2024$982
June 2024$992
July 2024$965
August 2024$976
September 2024$961
October 2024$906
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$910

Affordability calculator

Can I afford to live at 405 E Watertown St?

Bedrooms

1 bedroom

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

$33,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $33,000 annually to afford this 1-bedroom monthly rent price of $825.
For more information on rent affordability, visit our rent calculator.

Schools near 405 E Watertown

General Beadle Elementary School

10 van buren st

rapid city, SD, 57701

PK, K-5Public
C

Jefferson Academy

21 st joseph st

rapid city, SD, 57701

PK, K-12Public

Patriot Elementary - 06

421 don williams dr

box elder, SD, 57719

K-3Public
B+
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Internet available near 405 E Watertown

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Rapid City near 405 E Watertown St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Points of interest for 405 E Watertown St, Rapid City

Groceries

8/10
At least one grocery store within a few minutes' walk

Shopping

6/10
Variety of shops within walking distance

Cafes

3/10
Few or no cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

6/10
At least one elementary school within a 20-minute walk

High schools

3/10
No high schools within a 30-minute walk

Nightlife

4/10
Few or no bars within walking distance

Explore the area around 405 E Watertown St

Benja's Mexican Store
710 N Lacrosse St
Breadroot Natural Foods Cooperative
100 East Blvd N
Asian Grocery
1012 E North St
Walmart Supercenter
1200 N Lacrosse St
Sam's Club
925 Eglin St

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