7

Watertown, SD Houses for Rent

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  • /15

    $1,300 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    131 13th St SW, Watertown, SD 57201

    This unit is very spacious with a bonus area to be used for whatever your needs may be (office, large closet, sitting area). This unit includes 1 bedroom on the main floor, with 2 bedrooms on the 2nd floor; the bathroom is on the main level. Laundry hook-ups available for you to provide your own washer and dryer. Brand new stove and central air conditioning. There is also off-street parking,

    131 13th St SW, Watertown, SD 57201
  • /2

    $875 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    917 12th Ave NW, Watertown, SD 57201

    Built in 1974 2 Bedroom Mobile Home – Pet Friendly – Bayview Estates – Watertown, SDAvailable now! This 2-bedroom, 1-bath mobile home offers comfortable living in the Bayview Estates Mobile Home Community in Watertown. Enjoy a quiet neighborhood setting with convenient access to shopping, dining, and parks.Rent: $875/monthSecurity Deposit:

    917 12th Ave NW, Watertown, SD 57201
  • /2

    $1,400 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    304 3rd Ave NE, Watertown, SD 57201

    304 3rd Ave NE, Watertown, SD 57201
  • /2

    $1,650 Per Month

    • Studio
    • 1 Bath
    • House for Rent

    207 3rd St SW, Watertown, SD 57201

    207 3rd St SW, Watertown, SD 57201
  • /10

    $1,150 Per Month

    • 2 Beds
    • 1 Bath
    • House for Rent

    218 W Kemp Ave, Watertown, SD 57201

    2 bed 1 bath home. Single garage, fenced in yard, laundry included. 12 month lease. $40 application fee, reference, background, criminal and credit checks. Pets considered with a $250 non refundable deposit and $50/month pet rent.

    218 W Kemp Ave, Watertown, SD 57201
  • /2

    $1,500 Per Month

    • 3 Beds
    • 1 Bath
    • House for Rent

    62 3rd Ave NW, Watertown, SD 57201

    3-bedroom, 1-bath unit offering a straightforward layout ideal for household sharing or families. Off-street driveway for convenient parking. Monthly rent is $1,500 with a $1,500 security deposit. Available beginning 09/01/2026. Schedule a viewing to tour the space and see if it meets your needs.

    62 3rd Ave NW, Watertown, SD 57201
  • /20

    $1,375 Per Month

    • 3 Beds
    • 2 Baths
    • House for Rent

    611 1st Ave SE, Watertown, SD 57201

    You'll love this spacious 3-bedroom, 2-bathroom home with an attached garage and convenient alley access! This home offers a functional layout with plenty of space to spread out and includes in-unit laundry with a washer and dryer for added convenience.The kitchen comes fully equipped with a refrigerator, stove, and dishwasher, making move-in a breeze. Tenants are responsible for all

    611 1st Ave SE, Watertown, SD 57201

Frequently Asked Questions

How much does it cost to rent a single-family home in Watertown, SD?
The median rent for a single-family home in Watertown, SD is $1,375 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes 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 $40,000 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 $1,000 per month in Watertown, SD, renters typically need to show $3,000 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 25.0, 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.

Rental Home Trends

Number of Houses for Rent
7
Median Single Family Home Rent
$1,375
Median 3 Bedroom Single Family Home Rent
$1,375
How to Rent a Home