Note: Properties with the Total Monthly Price badge include all required fees. Tap the badge for more details.
-

Bedrooms

Bathrooms

Deals & Discount Filters
All Filters

Deals & Discounts

Price Range

–

Beds & Baths

Beds

Baths

Home Type

Pet Policy

Interior & Community Amenities

Speciality Housing

Keyword Search

  6. Building Photo - The Lofts
    1 BED
    $995+
    2 BEDS
    $1,295+

    The Lofts

    10 N Broadway, Watertown, SD 57201
  9. 3 BEDS, 2.5 BATHS
    $1,800

    1501 Grove Pl

    1501 Grove Pl, Watertown, SD 57201

Watertown at a Glance

Average Rent

$1,133
(All bedrooms and property types)
Learn more about
Average Rent in Watertown
7

School Rating

out of 10 Rating
Learn more about
Schools in Watertown
0

Some Transit

out of 100 TransitScore® Rating
Learn more about
Transportation in Watertown
45

Somewhat Bikeable

out of 100 BikeScore® Rating
Learn more about
Transportation in Watertown

Watertown, SD Apartments for Rent

Located between Pelican Lake and Lake Kampeska, Watertown combines outdoor recreation with small-town convenience. As South Dakota's fifth-largest city, Watertown features attractions like the Redlin Art Center, which houses an extensive collection of Terry Redlin's celebrated wildlife artwork, and the Bramble Park Zoo. Current rental data shows one-bedroom apartments in Watertown typically rent for less than the national average, offering value for those considering a move to the area.

Watertown's central business district and established neighborhoods provide easy access to major employers and everyday conveniences. The Prairie Lakes Wellness Center serves as a modern recreational facility, while the surrounding lakes offer year-round outdoor activities. Transportation options include Interstate 29 and the Watertown Regional Airport, connecting residents to major destinations. The area's established infrastructure, combined with a lower cost of living than many larger cities, makes Watertown a practical choice for those looking to rent in eastern South Dakota.

Renting in Watertown

Average Rental Rates and Apartment Sizes

Average Rent in Nearby Cities

(For 1 bedroom apartments)

Getting Around Watertown

Transportation

44

Car-Dependent

out of 100 WalkScore® Rating
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you need a car.
45

Somewhat Bikeable

out of 100 BikeScore® Rating
You might be able to find places to ride your bike in this area, but you'll most likely want your car for most errands.
0

Minimal Transit

out of 100 TransitScore® Rating
You'll likely want a car when living in this area since it has few transit options.
Scores provided by Walk Scoreⓘ

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 7-8
600 Students
GreatSchools Rating
Lincoln Elementary - 05

Public Elementary School

Public
Grades K-4
338 Students
GreatSchools Rating
Watertown Intermediate School

Public Elementary School

Public
Grades 5-6
548 Students
GreatSchools Rating
Jefferson Elementary - 09

Public Elementary School

Public
Grades K-4
361 Students
GreatSchools Rating
Mellette Elementary - 07

Public Elementary School

Public
Grades K-4
212 Students

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

Specialty Housing

Choose by Amenities

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 $1,133.

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

The average rent for a studio apartment in Watertown, SD is $930.

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 $1,133.

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 $1,391.

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 $1,795.

tooltips

I would like to...
0 out of 400 characters
By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to... By clicking above, you agree we may pass along your info so this property or the property’s affiliates can email, call, text, or autodial you to follow up and for any purpose. You also agree to Apartmentfinder.com’s Privacy Statement and Terms of Service. Consent is not a condition for services. Message and data rates may apply. Read More Read Less

Submitting Request

Thank You

Your email has been sent.

Learn about our ratings.