Cheap Apartments for Rent in 57201
44 rentals
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1-3 Beds
1-2 BathsMarys Heights Apartments | 2330 Challenger Way #6068b64b9,
Watertown, SD 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 increased in Apr 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| May 2025 | $1,300 |
| Jun 2025 | $1,400 |
| 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 |
Average Rent By Bedroom and Home Type
In May 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 | $1,050 | $1,200 | $1,700 | $1,600 | $1,300 |
| Townhomes | — | $1,300 | — | — | $1,300 |
| Apartments and Condos | $1,200 | $800 | $1,700 | $1,600 | $1,400 |
| Houses | $1,050 | $1,000 | $1,850 | $1,800 | $1,078 |
Frequently Asked Questions about Rentals in 57201
- What is the average rent in 57201?The average rent in 57201 is $1,300. Rent prices range from $455 to as much as $1,800, depending on the type of rental.
- How does the rent in 57201 compare to the national average?Average rent in 57201 is about 32% lower than the national average rent of $1,910. That means it is less expensive to rent in 57201 compared to the U.S. average.
- What is the average rent in 57201, by number of bedrooms?The average rent in 57201 is $703 for a studio, $1,050 for a 1 bedroom, $1,200 for a 2 bedroom, $1,650 for a 3 bedroom, and $1,400 for a 4 bedroom.
- How many available rental listings are in 57201?There are 40 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.