Watertown SD Apartments
49 rentals
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Use arrow keys to navigatePET FRIENDLY$1,035 - $1,795/mo
Studio-3 Beds
1-2 BathsThe Plains Apartments | 1631 4th St NE #202,
Watertown, SD 57201
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Use arrow keys to navigatePET FRIENDLYINCOME RESTRICTED$455 - $870/mo1-3 Beds1-2 BathsMarys Heights Apartments | 2330 Challenger Way #6068b64b9,
Watertown, SD 57201
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Average Rent Trends in Watertown, SD
Rent in Watertown, SD varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent for a apartment decreased in Jul 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.
| Month | Average rent |
|---|---|
| Aug 2025 | $1,106 |
| Sep 2025 | $1,593 |
| Oct 2025 | $1,097 |
| Nov 2025 | $1,036 |
| Dec 2025 | $1,167 |
| Jan 2026 | $1,080 |
| Feb 2026 | $1,005 |
| Mar 2026 | $1,003 |
| Apr 2026 | $1,178 |
| May 2026 | $1,283 |
| Jun 2026 | $1,215 |
| Jul 2026 | $1,055 |
Average Rent By Bedroom and Home Type
In July 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $800 | $1,200 | $1,575 | $1,400 | $1,135 |
| Townhomes | — | $1,325 | — | — | $1,325 |
| Apartments and Condos | $1,000 | $1,050 | $1,600 | — | $1,200 |
| Houses | $750 | $1,000 | $1,575 | — | $1,225 |
Frequently Asked Questions about Apartments and Condos for rent in Watertown, SD
- What is the average rent of an apartment in Watertown, SD?The average rent of an apartment in Watertown, SD is $1,092 per month. This is about 44% lower than the national average.
- When is the average rent for an apartment cheapest in Watertown, SD?In the last year, the average rent in Watertown, SD was lowest in Jan 2025 when it was $925 per month.
- When is the average rent for an apartment most expensive in Watertown, SD?In the last year, the average rent in Watertown, SD was highest in Sep 2025 when it was $1,593 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Watertown, SD?The average rent of a 1 bedroom apartment in Watertown, SD is $918 per month. That is about $160 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Watertown, SD?There are 34 available apartments or condos to rent in Watertown, SD.
- What are some zip codes in Watertown, SD?Watertown, SD includes zip codes such as: 57201.
- What are some cities near Watertown, SD?Some nearby cities include: Kranzburg, Goodwin, South Shore, Strandburg, Florence. These cities may have more rental options to explore.
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