Bedroom count
Property type
Last updated on August 2, 2026
Average rent in
Watertown, SD
Average rent in
Last updated on August 2, 2026
Bedroom count
Property type
Median rent
Median rent in Watertown
$1,050/mo
8%vs previous year
The average rent in Watertown is $1,050 per month as of August 2026. This is 46% below the national average rent, or $890 less per month.
average price per square foot
Total rentals
Available rentals in Watertown
40
for rent on Zumper.com as of August 2026
Rent price distribution
Share of Watertown rentals at each price point
Rent trends in Watertown, SD
Average rent prices in Watertown have remained the same over the last month and have decreased by 8% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
Watertown, SD
Rent prices in Watertown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Watertown is $1,000, whereas a house costs $1,300. 1-bedroom apartments in Watertown run $800 on average, while 2-bedroom apartments are $1,050.
Listings | ||||
|---|---|---|---|---|
Studio | $650 | 7% |  53% | |
1 bedroom | $800 | 4% | 7% | |
2 bedroom | $1,050 | 3% | 11% | |
3 bedroom | $1,600 | 2% | 6% | |
4 bedroom | $1,400 | 5% | - |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Watertown, SD.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,000 | 5% | No Change | |
Houses | $1,300 | 6% | No Change |
Studio
Average rent
$650
Last 30 days
7%
Last year
53%
1 bedroom
Average rent
$800
Last 30 days
4%
Last year
7%
2 bedroom
Average rent
$1,050
Last 30 days
3%
Last year
11%
3 bedroom
Average rent
$1,600
Last 30 days
2%
Last year
6%
4 bedroom
Average rent
$1,400
Last 30 days
5%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in Watertown, SD.
Apartments
Average rent
$1,000
Last 30 days
5%
Houses
Average rent
$1,300
Last 30 days
6%
The table above reflects average rent prices in Watertown, SD, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in Watertown, SD compare to other cities?
Compare median rent prices in Watertown and Appleton by all bedroom counts and property types.
Watertown
46%lower than the national median
63%lower than the national median
Takeaway
The median rent for all rentals in Watertown, SD is 45% higher than the median rent in Appleton, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
Discover rentals in Watertown, SD
4d ago
124 2nd Ave Sw, Watertown, SD 57201
1 bed
1 bath
$525
Apartment for rent
5d+ ago
Verified
1520 3rd Ave Sw, Watertown, SD 57201
1–3 beds
1 bath
Call for price
Apartment for rent
5d+ ago
Verified
1520 3rd Ave Sw, Watertown, SD 57201
1–3 beds
1 bath
Call for price
Apartment for rent
3d ago
5th Ave Nw, Watertown, SD 57201
2 beds
1 bath
$775
Apartment for rent
5d+ ago
Apartment for rent in Watertown
6 S Broadway #3, Watertown, SD 57201
2 beds
2 baths
$1,900
Apartment for rent
Available May 1
5d+ ago
Apartment for rent in Watertown
6 S Broadway #1, Watertown, SD 57201
1 bed
1 bath
$1,800
Apartment for rent
Available May 1
4d ago
57201 One and Two Willow Creek Apartments, Watertown, SD 57201
2 beds
2 baths
$1,510–$1,520
Apartment for rent
3d ago
1631 4th St Ne, Watertown, SD 57201
1 bed
1 bath
$1,135–$1,275
Apartment for rent
3d ago
1631 4th St Ne, Watertown, SD 57201
1 bed
1 bath
$1,135–$1,275
Apartment for rent
4d ago
57201 One and Two Willow Creek Apartments, Watertown, SD 57201
2 beds
2 baths
$1,510–$1,520
Apartment for rent
5d+ ago
Verified
1520 3rd Ave Sw, Watertown, SD 57201
1–3 beds
1 bath
Call for price
Apartment for rent
5d+ ago
Verified
1520 3rd Ave Sw, Watertown, SD 57201
1–3 beds
1 bath
Call for price
Apartment for rent
2d ago
300 1st Ave Ne, Watertown, SD 57201
2 beds
1 bath
$1,000
Apartment for rent
2d ago
520 9th St Se, Watertown, SD 57201
4 beds
1 bath
$1,350
Apartment for rent
2d ago
300 1st Ave Ne, Watertown, SD 57201
2 beds
1 bath
$1,000
Apartment for rent
5d+ ago
Verified
1520 3rd Ave Sw, Watertown, SD 57201
1–2 beds
1 bath
Call for price
Apartment for rent
2d ago
15 11th St Ne, Watertown, SD 57201
2–3 beds
1 bath
$1,000–$1,300
Apartment for rent
3d ago
Apartment for rent in Watertown
1 bed
1 bath
$725
Apartment for rent
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Frequently asked questions for Watertown, SD
Quick answers to common questions about the Watertown rental market.
How much is rent in Watertown?
The average rent in Watertown is $1,050 per month as of August 1, 2026.
Is rent up or down in Watertown?
Average rent prices in Watertown have remained the same over the last month and have decreased by 8% since last year.
How does Watertown rent compare to the national average?
Rent in Watertown is 46% below the national average, which means renters are paying approximately $890 less per month.
What salary do I need to afford rent in Watertown?
To comfortably afford rent in Watertown, you'd need to earn approximately $42,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in Watertown?
Based on Zumper's July 2026 data, one-bedroom apartments in Watertown average approximately $1,070/month and two-bedrooms around $1,290/month.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).