Bedroom count

Property type

Last updated on May 2, 2026

Average rent in
Watertown, SD

Last updated on May 2, 2026

Last updated on May 2, 2026

Bedroom count

Property type

As of April 2026, the median rent for all bedroom counts and property types in Watertown, SD is $1,200. This is -38%, or $749, lower than the national average.

$2.45

average price per square foot

Median rent

$1,200

increased by16%
over the previous yearvs previous year

Total rentals

32

for rent on Zumper.com

As of April 2026, the median rent for all bedroom counts and property types in Watertown, SD is $1,200. This is -38%, or $749, lower than the national average.

$2.45

average price per square foot

Rent ranges

15%
64%
19%
1%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

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 increased by 10% in the last month and have increased by 16% 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 $1,200. A 1-bedroom apartment in Watertown, SD costs about $1,025 on average, while a 2-bedroom apartment is $1,250. Houses for rent in Watertown, SD are more expensive, with an average monthly cost of $1,300.

Comparables

1 bedroom

$1,025

5%

9%

2 bedroom

$1,250

1%

9%

3 bedroom

$1,650

13%

8%

4 bedroom

$1,600

7%

19%

Studio

$855

30%

26%

Studio

Average rent

$855

Last 30 days

30%

Last year

26%

1 bedroom

Average rent

$1,025

Last 30 days

5%

Last year

9%

2 bedroom

Average rent

$1,250

Last 30 days

1%

Last year

9%

3 bedroom

Average rent

$1,650

Last 30 days

13%

Last year

8%

4 bedroom

Average rent

$1,600

Last 30 days

7%

Last year

19%

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$1,200
decreased by38%

lower than the national median

Median rent price$650
decreased by67%

lower than the national median

Takeaway

The median rent for all rentals in Watertown, SD is 85% 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

$650

N/A

Last year

Arlington

$1,190

N/A

Last year

Brandon

$975

increased by4%

Last year

Brookings

$1,190

decreased by15%

Last year

Fergus Falls

$927

increased by6%

Last year

Glenwood

$1,185

decreased by14%

Last year

Hartford

$1,149

increased by15%

Last year

Huron

$920

decreased by4%

Last year

Milan

$725

increased by24%

Last year

Morris

$850

increased by49%

Last year

Sioux Falls

$1,097

decreased by5%

Last year

Wahpeton

$695

decreased by11%

Last year

Apartments for rent in Arlington

Discover rentals in Watertown, SD

Willow Creek Apartments - Photo 1 of 1

4d 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

$730

Apartment for rent

Call

Ashland Apartments - Photo 1 of 1

4d 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

$800–$850

Apartment for rent

Call

5th Ave NW - Photo 1 of 1

15h ago

Apartment for rent in Watertown

5th Ave NW

5th Ave Nw, Watertown, SD 57201

2 beds

1 bath

$800

Apartment for rent

Hillsdale - Photo 1 of 1

2d ago

8.3

Very good

Hillsdale

1025 7th Ave Ne, Watertown, SD 57201

2 beds

1 bath

$850

Apartment for rent

511 6th St NE - Photo 1 of 1

3d ago

8.3

Very good

511 6th St NE

511 6th St Ne, Watertown, SD 57201

2 beds

1 bath

$900

Apartment for rent

1326 4th Ave SE - Photo 1 of 1

3d ago

8.3

Very good

1326 4th Ave SE

1326 4th Ave Se, Watertown, SD 57201

2 beds

1 bath

$925

Apartment for rent

217 2nd St NE - Photo 1 of 1

14h ago

8

Very good

217 2nd St NE

217 2nd St Ne, Watertown, SD 57201

3 beds

2 baths

$1,125

Apartment for rent

300 8th St NE - Photo 1 of 1

2d ago

8.3

Very good

300 8th St NE

300 8th St Ne, Watertown, SD 57201

2 beds

1 bath

$1,200

Apartment for rent