- US
- South Dakota
- Watertown, SD micropolitan area
Watertown, SD Rent Report
Apartments & Houses by Size
Rentometer, Inc. | Data as of 09/06/2026
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Current rent in Watertown, SD (all property types)
- $975 1 Bedroom
- $1,185 2 Bedroom
- $1,599 3 Bedroom
Watertown’s metro rental market offers a diverse selection of modern apartments that cater to both single professionals and growing families. One‑bedroom units typically fall within the $1100s, with a median rent hovering around $1000, while two‑bedroom apartments are commonly found in the $1300 range, often centering near a median of $1450. These competitively priced rentals reflect Watertown’s balanced cost of living and provide comfortable living spaces across the city’s well‑maintained apartment complexes. Prospective renters appreciate the mix of updated interiors, on‑site amenities, and convenient access to major thoroughfares that connect the metro area to surrounding communities.
The city’s neighborhoods each bring a unique flavor to the rental experience. The historic downtown district is known for its charming streetscapes, boutique shops, and vibrant dining scene, making it ideal for those who enjoy an active urban lifestyle. Families often gravitate toward the quiet residential pockets near Lake Kampska and Bramble Creek Park, where easy access to outdoor recreation, walking trails, and water‑front activities enhances everyday living. Proximity to local schools, medical facilities, and the Watertown Regional Airport further strengthens the appeal of these areas. Whether you’re seeking a lively downtown apartment or a peaceful retreat near the lake, Watertown’s rental market delivers a welcoming environment that blends affordability with quality of life in South Dakota’s thriving metro region.
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Watertown, SD Rent by Property Type & Bedroom Count
Averages, medians, and ranges across recent rental listings
| Property Type | Bedrooms | Average | Median | Min – Max | 25th – 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $•,••• | $•,••• | $•,••• – $•,••• | $•,••• – $•,••• |
| Apartment | 2 Bedroom | $•,••• | $•,••• | $•,••• – $•,••• | $•,••• – $•,••• |
| Apartment | 3 Bedroom | $•,••• | $•,••• | $•,••• – $•,••• | $•,••• – $•,••• |
Unlock the full rent breakdown — averages, medians, and rent ranges for every property type and bedroom count.
See Plans & PricingOverall average rents for this area are always free — see the summary just below.
Current rent in Watertown, SD (all property types)
- $975 1 Bedroom
- $1,185 2 Bedroom
- $1,599 3 Bedroom
Note: This analysis includes only bedroom types with sufficient data.
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About this data
Rent statistics, listings analysis, and visualizations on this page are produced by Rentometer, Inc.
If you cite, share, or republish data from this report, please credit Rentometer.