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  9. 1 BED
    $995

    The Lofts

    10 N Broadway, Watertown, SD 57201
  10. 1 BED, 1 BATH
    $785
    Total Monthly Price Total Monthly Price New
    Base Rent$785
    Required Monthly FeesNone
    Total Monthly Price$785

    21 1st Ave SE Unit 203

    21 1st Ave SE, Watertown, SD 57201

Watertown at a Glance

Average Rent

$1,048
(All bedrooms and property types)
Learn more about
Average Rent in Watertown
6

School Rating

out of 10 Rating
Learn more about
Schools in Watertown

Watertown, SD Apartments for Rent

Watertown stretches between Pelican Lake and Lake Kampeska in northeastern South Dakota and serves as the county seat of Codington County. Home to the Redlin Art Center, which showcases the works of celebrated wildlife artist Terry Redlin, this city of approximately 23,000 residents offers a small-town atmosphere with convenient access to outdoor recreation. Those looking for apartments for rent in Watertown will find affordable options, with average rents ranging from around $956 for a studio to $1,334 for a two-bedroom, making it an attractive option for budget-conscious renters seeking a quieter pace of life.

Renting in Watertown provides easy access to local attractions like Bramble Park Zoo, shopping at Watertown Mall, and dining at local establishments throughout the downtown area. The city's location near two lakes offers opportunities for boating, fishing, and swimming during warmer months, while major transportation routes including Interstate 29 and Highways 212 and 81 make commuting to surrounding areas straightforward. With a median household income of around $60,000 and a cost of living below many other markets, Watertown's apartment communities appeal to renters seeking affordability without sacrificing access to amenities and recreation.

Renting in Watertown

Average Rental Rates and Apartment Sizes

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Education

GreatSchools Rating
Watertown High School - 01

Public High School

Public
Grades 9-12
1,220 Students
GreatSchools Rating
Lake Area Multi-District

Public High School

Public
Grades 9-12
0 Students
GreatSchools Rating
Watertown Jr. High - 02

Public Middle School

Public
Grades 6-8
600 Students
GreatSchools Rating
Lincoln Elementary - 05

Public Elementary School

Public
Grades K-5
338 Students
GreatSchools Rating
Jefferson Elementary - 09

Public Elementary School

Public
Grades K-5
333 Students
GreatSchools Rating
Watertown Intermediate School

Public Elementary School

Public
Grades K-5
532 Students
GreatSchools Rating
Mellette Elementary - 07

Public Elementary School

Public
Grades K-5
267 Students

Data provided by GreatSchools.org 2025 © 2025. All rights reserved.

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Watertown Apartments for Rent in Your Budget

Frequently asked questions about renting in Watertown, SD

What are the average rent costs in Watertown, SD?

The average rent in Watertown, SD is $1,048.

What are the average rent costs of a studio apartment in Watertown, SD?

The average rent for a studio apartment in Watertown, SD is $970.

What are the average rent costs of a one bedroom apartment in Watertown, SD?

The average rent for a 1 bedroom apartment in Watertown, SD is $1,048.

What are the average rent costs of a two bedroom apartment in Watertown, SD?

The average rent for a 2 bedroom apartment in Watertown, SD is $1,361.

What are the average rent costs of a three bedroom apartment in Watertown, SD?

The average rent for a 3 bedroom apartment in Watertown, SD is $1,655.

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