Luxury Apartments for Rent in Watertown, SD
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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 decreased in Aug 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| 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 |
| Jul 2026 | $1,095 |
| Aug 2026 | $1,081 |
Average Rent By Bedroom and Home Type
In August 2026, Houses were the most affordable home type to rent compared with Apartments and Condos and Townhomes.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $1,000 | $1,050 | $1,400 | $1,300 | $1,133 |
| Townhomes | — | — | — | — | $2,500 |
| Apartments and Condos | $800 | $1,050 | $1,600 | — | $1,200 |
| Houses | — | $875 | $1,400 | — | $1,000 |
Frequently Asked Questions about Rentals in Watertown, SD
- What is the average rent of an apartment in Watertown, SD?The average rent of an apartment in Watertown, SD is $1,113 per month. This is about 43% lower than the national average.
- When is the average rent cheapest in Watertown, SD?In the last year, the average rent in Watertown, SD was lowest in Mar 2025 when it was $850 per month.
- When is the average rent most expensive in Watertown, SD?In the last year, the average rent in Watertown, SD 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 Watertown, SD?The average rent of a 1 bedroom apartment in Watertown, SD is $1,000 per month. That is about $299 more than the cost of a studio apartment.
- How many available rental listings are in Watertown, SD?There are 48 available rental listings 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.
View this page in Spanish: Apartamentos de lujo en renta en Watertown, SD - 77 Rentas | Trulia