Average Rent in Watertown, WI and Rent Price Trends

Rent trends in Watertown, WI

Average rent prices in Watertown have remained the same over the last month and have increased by 14% 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, WI

Rent prices in Watertown vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Watertown is $1,195, whereas a house costs $2,600. 1-bedroom apartments in Watertown run $1,199 on average, while 2-bedroom apartments are $1,202.


1 bedroom	$1,200	1%	58%
2 bedroom	$1,200	No Change	22%
3 bedroom	$2,020	37%	85%
4 bedroom	$3,295	No Change	3%


Apartments	$1,195	1%	No Change
Condos	$1,022	No Change	-
Houses	$2,600	No Change	8%

1 bedroom

Average rent

$1,200

Last 30 days

Last year

58%

2 bedroom

Average rent

$1,200

Last 30 days

No Change

Last year

22%

3 bedroom

Average rent

$2,020

Last 30 days

37%

Last year

85%

4 bedroom

Average rent

$3,295

Last year

The table above reflects average rent prices in Watertown, WI, 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, WI compare to other cities?

Compare median rent prices in Watertown and Beaver Dam by all bedroom counts and property types.

Watertown

Median rent price$1,170

38%

lower than the national median

Median rent price$1,205

37%

lower than the national median

Takeaway

The median rent for all rentals in Watertown, WI is 3% lower than the median rent in Beaver Dam, WI.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,205

$1,775

$1,307

$1,495

$1,754

$1,202

$1,600

$1,349

$1,587

$1,600

$1,650

$1,985

Discover rentals in Watertown, WI

5d+ ago

8.8

Very good

Parkside Apartments, LLC

205 205 - 219A W. Jefferson St. & 603 - 617A S. Worthington St. Oconomowoc, WI 53066, Watertown, WI 53094

2 beds

1 bath

$1,000

1066 Perry Street, Unit 1 - Photo 1 of 1

5d+ ago

8.6

Very good

1066 Perry Street, Unit 1

1066 Perry St #1, Watertown, WI 53098

2 beds

1 bath

$1,050

2d ago

8.3

Very good

705 South 2nd Street

709 N 2nd St, Watertown, WI 53098

2 beds

1 bath

$1,200

5d+ ago

Apartment for rent in Watertown

15 Pine Ridge Ct #4, Watertown, WI 53094

2 beds

1 bath

$1,200

5d+ ago

Apartment for rent in Watertown

$1,250 - 2 Bedroom 1 Bathroom Apartment In Watertown With Great Amenities

301 N Church St #A, Watertown, WI 53094

2 beds

1 bath

$1,250

5d+ ago

8.5

Very good

Audubon East

300 300 - 318 Lauren Lane, Watertown, WI 53094

2 beds

2 baths

$1,275

2d ago

8.8

Very good

1049-1051 Perry St

1049 Perry St, Watertown, WI 53098

3 beds

1 bath

$1,595

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Frequently asked questions for Watertown, WI

Quick answers to common questions about the Watertown rental market.

How much is rent in Watertown?

The average rent in Watertown is $1,170 per month as of October 17, 2026.

Is rent up or down in Watertown?

Average rent prices in Watertown have remained the same over the last month and have increased by 14% since last year.

How does Watertown rent compare to the national average?

Rent in Watertown is 38% below the national average, which means renters are paying approximately $730 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 $47,000/year, based on spending no more than 30% of your income on rent.

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).