411 4th Ave SE
AberdeenSD57401
Cheap Homes for Rent in Watertown, SD from $600 (5 Rentals)
Search the lowest-cost Homes available for rent right now in Watertown.
125 Front St, Unit #2
125 Front St
BrookingsSD57006
1311 Camelot Dr
BrookingsSD57006
702 7th St, Unit 81
702 7th St
BrookingsSD57006
1301 John Deere Cir
MadisonSD57042
Showing Results 1-5, Page 1 of 1
Watertown, SD Local Guide
Research Farm by USDA NRCS South Dakota is licensed under CC BY 2.0
How much does it cost to rent a home in Watertown?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watertown 2 Bedroom Homes for Rent | $1,348 | $695 | $2,100 |
| Watertown 3 Bedroom Homes for Rent | $3,205 | $1,035 | $10,000+ |
| Watertown 4 Bedroom Homes for Rent | $2,005 | $1,300 | $3,495 |
Browse Top Homes for Rent in Watertown
Explore Watertown
Watertown, SD Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Watertown Apartments for Rent and Nearby
The cheapest available apartment rental in Watertown, SD is a 1 Bed unit found at Beardsley Apartments priced from $482. 806 W 5th St has the second lowest priced unit, which is a Studio apartment currently listed from $525. Here is today’s list of the most affordable Watertown apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Beardsley Apartments | One Bedroom | 1BR,1BA | $482 |
| 806 W 5th St | Studio | Studio,1BA | $525 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $795 |
Best Value Apartments for Rent in Watertown, SD and Nearby
As of March 25, 2025 the best value apartment in the Watertown area is the $1.03 price per square foot TH 4P/B - 1,640 Model at Wheatgrass Village I in the starting from $1,695. The second greatest value Watertown apartment is the 2BR/2.0BA Model at One & Two Willow Creek starting at $1,465 with a $1.12 price per square foot . Here is today’s list of the best values for Watertown apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Wheatgrass Village I | TH 4P/B - 1,640 | 4BR,2.5BA | $1.03 |
| One & Two Willow Creek | 2BR/2.0BA | 2BR,2BA | $1.12 |
| Lake Area Townhomes | 2 Bedroom | 2BR,2.5BA | $1.00 |
| Wilkeshire Apartments | 2 Bed 1 Bath | 2BR,1BA | $0.88 |
| Marketplace Apartments | F | 2BR,2BA | $1.40 |
| Beardsley Apartments | One Bedroom | 1BR,1BA | $0.54 |
| Generations on 1st | 1BR/1.0BA | 1BR,1BA | $1.36 |
| The Oaks | 1 Bedroom | 1BR,1BA | $1.61 |
| Aberdeen Communities | 1 BED 1BATH | 1BR,1BA | $1.45 |
| Forte Living of Aberdeen: 50+ Community! | Starling | Studio ,1BA | $1.63 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Let everyone know!
Do you know the Watertown area?
If you’re an expert on all things Watertown, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Frequently Asked Questions about Watertown
What type of rentals are currently available in Watertown?
There are currently 63 Apartments for Rent in Watertown, SD with pricing that ranges from $500 to $2,100. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Watertown ranging from $695 to $10,000.
What is the current price range for Rental Homes in Watertown?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Watertown ranges from $695 to $10,000 with an average monthly rent of $1,757.
How much are larger Three and Four Bedroom Rentals in Watertown?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Watertown range from $960 to $1,870, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,035 to $10,000. Four Bedroom Single-Family rentals are also available starting from $1,300 and Four Bedroom Apartments start at $1,695.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.
Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.
Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.
How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.