What's the average rent in Watertown, MN?
Rental Market Trends in Watertown, MN
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SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Watertown, MN is $1,700 per month, which is 12% lower than the national average rent of $1,932 per month.
AVERAGE RENT
$1,700
0.0%No change month over month
-5.6%-$100 decrease year-over-year
AVAILABLE RENTALS
6
APARTMENTS
HOUSES
TOWNHOUSES
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | $4,000 |
| All | $1,700 |
As of November 2026, the average rent for a 2 bedroom rental in Watertown, MN is $1,350 per month, followed by $1,700 for a 3 bedroom rental, and $4,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,350 |
| 3 Bedrooms | $1,700 |
| 4 Bedrooms | — |
| All | $1,500 |
As of November 2026, the average rent for a 2 bedroom apartment in Watertown, MN is $1,350 per month, followed by $1,700 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,151 |
| 4 Bedrooms | $4,000 |
| All | $2,795 |
As of November 2026, the average rent for a 3 bedroom house in Watertown, MN is $2,151 per month, followed by $4,000 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +52% compared to the previous year, which is a +$585 increase.
This year (2026)
Last year (2025)
Rent distribution
40% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $1,350 to $4,000.
