What is the average apartment size in Watertown City?

The average size for a Watertown City, SD apartment is 692 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Watertown City?

As of Jan / 2026, the average rent in Watertown City is $1,110 per month, a 30.05% increase from last years average of $853.

What is the average apartment size in Watertown City?

The typical apartment in Watertown City offers about 692 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Watertown City, SD Rental Market Trends

Q: What's the typical rent budget in Watertown City?

The typical rent budget in Watertown City ranges from $1,001 to $1,500 per month, with 51% of rentals in this range.

Q: Do most people rent or own in Watertown City?

In Watertown City, 37% of households rent while 63% own their homes, based on the latest U.S. Census data.

Last updated: February 22, 2026 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Watertown City is $1,110, a 30.05% increase compared to the previous year, when the average rent was $853.

One-bedroom apartments provide 655 square feet for $1,185, balancing privacy and affordability.

Two-beedroom units at $1,494 offer 1,050 square feet, perfect for roommates or small families.

Average rent in Watertown City, SD

Last updated: February 22, 2026

	Average Rent	Average Apartment Size
All Rentals	$1,110	692 sq. ft.
Studio	n/a	n/a
1 Bed	$1,185	655 sq. ft.
2 Beds	$1,494	1,050 sq. ft.
3 Beds	n/a	n/a

Watertown City, SD rent trends

Rental prices in Watertown City, SD have increased by 30.05% over the past year. The average rent moved from $853 to $1,110.

What's the typical rent budget in Watertown City, SD?

The largest share of rentals in Watertown City, SD (51%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Watertown City, SD?

3,821 or 37% of the households in Watertown City, SD are renter-occupied while 6,416 or 63% are owner-occupied.

How Watertown City Compares to Other Cities

City	Average Rent
Watertown City	$1,110
Sioux Falls	$1,153
Black Hills	$1,354
Rapid City	$1,333
Mitchell	$1,097
Harrisburg	$1,314
Brookings	$1,200
Tea	$1,068
Aberdeen	$1,095
Watertown	$1,110
Box Elder	$1,527
Huron, SD	$967

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Watertown City apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.