Watertown SD Apartments
30 rentals
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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 increased in Sep 2026 compared to the previous month. Rent for apartments peaked in Sep 2025.
| Month | Average rent |
|---|---|
| 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 | $1,216 |
| Jul 2026 | $1,077 |
| Aug 2026 | $1,125 |
| Sep 2026 | $1,145 |
Average Rent By Bedroom and Home Type
In September 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 | $1,125 | $1,100 | $1,400 | — | $1,200 |
| Townhomes | — | — | — | — | $2,500 |
| Apartments and Condos | $850 | $1,050 | $1,400 | — | $1,100 |
| Houses | — | $1,217 | $1,675 | — | $1,292 |
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 $1,142 per month. This is about 41% 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 $1,258 per month. That is about $332 more than the cost of a studio apartment.
- How many apartments or condos are available to rent in Watertown, SD?There are 29 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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