Cheap Apartments for Rent in 57201
38 rentals
- PET FRIENDLYINCOME RESTRICTED$455 - $870/mo1-3 Beds1-2 BathsMarys Heights Apartments | 2330 Challenger Way #6068b64b9,
Watertown, SD 57201 - PET FRIENDLY
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- $1,135 - $1,795/mo1-3 Beds1-2 BathsThe Plains Apartments | 1631 4th St NE #1629-314,
Watertown, SD 57201 Save Search in 57201
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Apartments For Rent Near 57201
We found 9 more apartments matching your filters just outside 57201
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Average Rent Trends in 57201
Rent in 57201 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent decreased in Jun 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jul 2025 | $1,300 |
| Aug 2025 | $1,095 |
| Sep 2025 | $1,150 |
| Oct 2025 | $1,200 |
| Nov 2025 | $1,150 |
| Dec 2025 | $1,150 |
| Jan 2026 | $1,100 |
| Feb 2026 | $1,100 |
| Mar 2026 | $1,100 |
| Apr 2026 | $1,200 |
| May 2026 | $1,300 |
| Jun 2026 | $1,225 |
Average Rent By Bedroom and Home Type
In June 2026, Houses were the most affordable home type to rent compared with Townhomes and Apartments and Condos.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $950 | $1,200 | $1,600 | $1,400 | $1,200 |
| Townhomes | $1,000 | $1,100 | — | — | $1,100 |
| Apartments and Condos | $700 | $1,250 | $1,600 | — | $1,400 |
| Houses | $750 | $1,000 | — | — | $895 |
Frequently Asked Questions about Rentals in 57201
- What is the average rent of an apartment in 57201?The average rent of an apartment in 57201 is $1,204 per month. This is about 38% lower than the national average.
- What is the average rent of a house in 57201?The average rent of a house in 57201 is $895 per month. This is about 54% lower than the national average.
- What is the average rent of a townhome in 57201?The average rent of a townhome in 57201 is $1,100 per month. This is about 44% lower than the national average.
- When is the average rent cheapest in 57201?In the last year, the average rent in 57201 was lowest in Mar 2025 when it was $850 per month.
- When is the average rent most expensive in 57201?In the last year, the average rent in 57201 was highest in Apr 2025 when it was $1,400 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 57201?The average rent of a 1 bedroom apartment in 57201 is $950 per month. That is about $275 more than the cost of a studio apartment.
- How many available rental listings are in 57201?There are 45 available rental listings in 57201.
- What are some cities near 57201?Some nearby cities include: Watertown, Kranzburg, Goodwin, South Shore, Strandburg, Florence. These cities may have more rental options to explore.