Bedroom count
Property type
Last updated on November 1, 2026
Last updated on November 1, 2026
Bedroom count
Property type
Median rent in Watertown
$1,175/mo
vs previous year
The average rent in Watertown is $1,175 per month as of October 2026. This is 38% below the national average rent, or $725 less per month.
average price per square foot
Available rentals in Watertown
27
for rent on Zumper.com as of October 2026
Share of Watertown rentals at each price point
Average rent prices in Watertown have decreased by 2% over the last month and have increased by 2% since last year.
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Rent prices in Watertown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Watertown is $1,175, whereas a house costs $1,235. 1-bedroom apartments in Watertown run $1,155 on average, while 2-bedroom apartments are $1,075.
Listings | ||||
|---|---|---|---|---|
Studio | $1,200 | No Change | - | |
1 bedroom | $1,155 | No Change | 16% | |
2 bedroom | $1,100 | No Change | 8% | |
3 bedroom | $1,400 | No Change | 12% | |
4 bedroom | $1,350 | 4% | 4% |
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 | $1,175 | 2% | 4% | |
Houses | $1,235 | 13% | 5% |
Studio
Average rent
$1,200
1 bedroom
Average rent
$1,155
Last year
16%
2 bedroom
Average rent
$1,100
Last year
8%
3 bedroom
Average rent
$1,400
Last year
12%
4 bedroom
Average rent
$1,350
Last 30 days
4%
Last year
4%
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
$1,175
Last 30 days
2%
Last year
4%
Houses
Average rent
$1,235
Last 30 days
13%
Last year
5%
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 median rent prices in Watertown and Appleton by all bedroom counts and property types.
Watertown
lower than the national median
lower than the national median
Takeaway
The median rent for all rentals in Watertown, SD is 74% higher than the median rent in Appleton, MN.
Explore rent trends in neighboring markets
Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.
Quick answers to common questions about the Watertown rental market.
The average rent in Watertown is $1,175 per month as of October 31, 2026.
Average rent prices in Watertown have decreased by 2% over the last month and have increased by 2% since last year.
Rent in Watertown is 38% below the national average, which means renters are paying approximately $725 less per month.
To comfortably afford rent in Watertown, you'd need to earn approximately $47,000/year, based on spending no more than 30% of your income on rent.
Based on Zumper's July 2026 data, January offers the lowest rents in Watertown, with prices running about 19% lower than March, which sees the highest rent. Searching in January could result in better deals compared to the spring market.
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).