Average Rent in Watertown, SD and Rent Price Trends

Rent price summary for
Watertown, SD

As of September 2025, the median rent for all bedroom counts and property types in Watertown, SD is $1,175. This is -41% lower than the national average.

$1.79

average price per square foot

Median rent

$1,175

over the previous yearvs previous year

Total rentals

21

for rent on Zumper.com

As of September 2025, the median rent for all bedroom counts and property types in Watertown, SD is $1,175. This is -41% lower than the national average.

$1.79

average price per square foot

Rent ranges

11%

68%

19%

$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 comparables in
Watertown, SD
The monthly rent for an apartment in Watertown, SD is $1,150. A 1-bedroom apartment in Watertown, SD costs about $1,135 on average, while a 2-bedroom apartment is $1,215. Houses for rent in Watertown, SD are more expensive, with an average monthly cost of $1,300.


1 bedroom	$1,125	1%	28%
2 bedroom	$1,215	1%	7%
3 bedroom	$10,000	8%	481%
4 bedroom	$1,295	3%	6%
Studio	$1,035	9%	-

				Comparables
Apartments	$1,150	1%	No Change
Houses	$1,300	10%	No Change

Studio

Average rent

$1,035

Last 30 days

1 bedroom

Average rent

$1,125

Last 30 days

Last year

28%

2 bedroom

Average rent

$1,215

Last 30 days

Last year

3 bedroom

Average rent

$10,000

Last 30 days

Last year

481%

4 bedroom

Average rent

$1,295

Last 30 days

Last year

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$1,175

41%

lower than the national median

Median rent price$715

64%

lower than the national median

Takeaway

The median rent for all rentals in Watertown, SD is 64% higher than the median rent in Appleton, MN.

More data insights and reports

National Rent Report

Canadian Rent Report

Annual Rent Report

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