Watertown, SD Condos for Rent

/12
$950 Per Month
- 2 Beds
- 1 Bath
- 800 Sq Ft
- Ambassador 2 Bed 1 Bath
410 4th Ave NE Unit 10, Watertown, SD 57201

Welcome to the Ambassador apartments! This mid level unit has all of the necessities, coin operated laundry facilities, on and off street parking, and storage spaces for each unit. Lawn care and snow removal is provided for you. Heat and water is included in the rent. Tenant will pay all other utilities.Call Citi-Wide for a showing today!

410 4th Ave NE Unit 10, Watertown, SD 57201
Explore Watertown
/13
$1,250 Per Month
- 2 Beds
- 1 Bath
- Upper 2 Bed 1 Bath
505-516 16th Ave Cir NE Unit 505#8, Watertown, SD 57201

This apartment features an open-concept layout. It comes equipped with a fridge, stove, microwave, dishwasher, and an in-unit washer and dryer.The unit includes a single-stall detached garage. Tenants are responsible for all utilities, while snow removal and lawn care are taken care of.Call Citi-Wide Property Management for a showing!

505-516 16th Ave Cir NE Unit 505#8, Watertown, SD 57201
/10
$950 Per Month
- 2 Beds
- 1 Bath
- Sunrise Estates - 213
213 19th St SE Unit 2, Watertown, SD 57201

213 19th St SE Unit 2, Watertown, SD 57201
/8
$775 Per Month
- 1 Bed
- 1 Bath
- Condo for Rent
182 3rd St NE Unit 182, Watertown, SD 57201

182 3rd St NE Unit 182, Watertown, SD 57201

South Dakota Codington County Watertown

Frequently Asked Questions

How much does it cost to rent a condo in Watertown, SD?

The median rent for a condo in Watertown, SD is $950 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.

How much do you need to make to afford rent in Watertown, SD?

To comfortably afford the median rent in Watertown, SD, a household needs to earn roughly $38,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $950 per month in Watertown, SD, renters typically need to show $2,850 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.

Is it more affordable to rent or buy in Watertown, SD?

In Watertown, SD, the price-to-rent ratio is 26.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Condo Rental Trends in Watertown, SD

There are currently 4 condos available for rent in Watertown, SD. The median rent is $950 per month, with 2-bedroom condos at $950.

Rental Home Trends

Number of Condos for Rent 4	Median Condo Rent $950
Median 2 Bedroom Condo Rent $950

How to Rent a Home

Rentals in Watertown

Watertown Apartments for Rent

More About Living in Watertown

Condos for Rent in Nearby Counties

Codington County Condos for Rent

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