Bedroom count

Property type

Last updated on March 17, 2026

Average rent in
Watertown, SD

Last updated on March 17, 2026

Last updated on March 17, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in Watertown, SD is $1,100. This is -42%, or $801, lower than the national average.

$2.09

average price per square foot

Median rent

$1,100

increased by6%
over the previous yearvs previous year

Total rentals

19

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in Watertown, SD is $1,100. This is -42%, or $801, lower than the national average.

$2.09

average price per square foot

Rent ranges

15%
64%
21%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250

Households

61%
39%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
Watertown, SD

Rent price trends

Rent prices for all bedroom counts and property types in Watertown, SD have remained the same in the last month and have increased by 6% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
Watertown, SD

The monthly rent for an apartment in Watertown, SD is $1,100. A 1-bedroom apartment in Watertown, SD costs about $1,005 on average, while a 2-bedroom apartment is $1,100. Houses for rent in Watertown, SD are more expensive, with an average monthly cost of $1,200.

Comparables

1 bedroom

$1,000

3%

9%

2 bedroom

$1,100

1%

11%

3 bedroom

$10,000

7%

483%

4 bedroom

$1,250

6%

4%

Studio

$900

13%

No Change

Studio

Average rent

$900

Last 30 days

13%

Last year

No Change

1 bedroom

Average rent

$1,000

Last 30 days

3%

Last year

9%

2 bedroom

Average rent

$1,100

Last 30 days

1%

Last year

11%

3 bedroom

Average rent

$10,000

Last 30 days

7%

Last year

483%

4 bedroom

Average rent

$1,250

Last 30 days

6%

Last year

4%

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.

Compare rent prices in Watertown, SD to other cities

Median rent prices in Watertown, SD for all bedroom counts and property types compared to Appleton, MN.

Watertown

Median rent price$1,100
decreased by42%

lower than the national median

Median rent price$725
decreased by62%

lower than the national median

Takeaway

The median rent for all rentals in Watertown, SD is 52% higher than the median rent in Appleton, MN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
Nearby cities

Explore rent trends in other markets

Appleton

$725

N/A

Last year

Arlington

$1,435

N/A

Last year

Brandon

$949

increased by12%

Last year

Brookings

$1,235

increased by10%

Last year

Fergus Falls

$825

decreased by11%

Last year

Glenwood

$1,390

increased by1%

Last year

Hartford

$1,076

increased by22%

Last year

Huron

$882

decreased by9%

Last year

Milan

$1,130

increased by39%

Last year

Morris

$725

increased by23%

Last year

Sioux Falls

$1,097

decreased by3%

Last year

Wahpeton

$750

increased by8%

Last year

Apartments for rent in Arlington

Discover rentals in Watertown, SD

403 2nd St NE - Photo 1 of 1

23h ago

7.9

Very good

403 2nd St NE

403 2nd St Ne, Watertown, SD 57201

1 bed

1 bath

$500

Apartment for rent

Willow Creek Apartments - Photo 1 of 1

14h ago

8.7

Very good

Our team has verified this company

Verified

Willow Creek Apartments

1520 3rd Ave Sw, Watertown, SD 57201

1–3 beds

1 bath

$630–$730

Apartment for rent

Call

Ashland Apartments - Photo 1 of 1

21h ago

9.3

Excellent

Our team has verified this company

Verified

Ashland Apartments

1520 3rd Ave Sw, Watertown, SD 57201

1–3 beds

1 bath

$750–$850

Apartment for rent

Call

1207 5th Ave Se #1 - Photo 1 of 1

4d ago

House for rent in Watertown

1207 5th Ave SE - 1

1207 5th Ave Se #1, Watertown, SD 57201

2 beds

1 bath

$850

House for rent

Available Apr 1

917 12th Ave Nw #1 - Photo 1 of 1

5d+ ago

House for rent in Watertown

917 12th Ave Northwest - 1

917 12th Ave Nw #1, Watertown, SD 57201

2 beds

1 bath

$1,100

House for rent

Available Mar 5

311 1st Street Northwest - Photo 1 of 1

5d+ ago

7.7

Very good

311 1st Street Northwest

311 1st St Nw, Watertown, SD 57201

3 beds

1 bath

$1,100

Apartment for rent

1219 1st Ave Se #1219 - Photo 1 of 1

5d+ ago

Townhouse for rent in Watertown

518 Properties - 1219

1219 1st Ave Se #1219, Watertown, SD 57201

2 beds

1 bath

$1,100

House for rent

Available Oct 27

1133 5h Ave SE #1 - Photo 1 of 1

4d ago

House for rent in Watertown

1133 5th Ave SE - 1

1133 5h Ave SE #1, Watertown, SD 57201

3 beds

2 baths

$1,200

House for rent

Available Apr 1