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Newest Homes for Rent in Watertown, WI

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  • /4

    Starting at $1,275 Per Month

    • 2 Beds

    300-318 Lauren Ln, Watertown, WI 53094

    Audubon East

    300-318 Lauren Ln, Watertown, WI 53094
  • /13

    Starting at $1,195 Per Month

    • 1 - 2 Beds

    1023 W Main St, Watertown, WI 53094

    Welcome home to Hillcrest Apartments.

    Hillcrest Apartments

    1023 W Main St, Watertown, WI 53094
  • /24

    Starting at $1,205 Per Month

    • 2 Beds

    1348 N 4th St, Watertown, WI 53098

    Watertown Park Apartments, LLC

    1348 N 4th St, Watertown, WI 53098
  • /14

    Starting at $1,235 Per Month

    • 1 - 3 Beds

    701-711 Johnson St, Watertown, WI 53094

    LUMIN TERRACE IS OPEN! CALL TO SCHEDULE A TOUR TODAY! Lumin Terrace offers beautiful one-, two-, and three-bedroom apartments in the newly developed Rock Ridge Neighborhood in Watertown, Wisconsin. Each spacious apartment features in-unit laundry and modern finishes, including stainless steel appliances, LVP flooring in common areas, carpeted bedrooms, and abundant windows. Select units have

    Lumin Terrace

    701-711 Johnson St, Watertown, WI 53094
  • /2

    $1,200 Per Month

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1008 Meadow St Unit 4, Watertown, WI 53094

    Property Id: 2713731 This charming 2 bed, 1 bath unit is available for rent starting 07/15/2026. Nice and calm neighborhood, upper unit in a 4-unit apartment building, Carpet flooring, appliances and coin operated washer and dryer in the basement, this Cat friendly space is perfect for you. Rent provides extra storage in the basement, Garage parking for one car plus

    1008 Meadow St Unit 4, Watertown, WI 53094
  • /23

    Starting at $1,160 Per Month

    • 2 Beds

    201 Air Park Dr, Watertown, WI 53094

    Audubon Park Apartments, LP

    201 Air Park Dr, Watertown, WI 53094
  • /20

    Starting at $25 Per Month

    • 2 - 4 Beds

    1153 Boughton St, Watertown, WI 53094

    Low income family apartment community. Two bedroom and Three bedroom and Four Bedroom Townhouse units with basements.Rent based on 30% of tenants income.. HUD provides a utility allowance to cover the average monthly utility bill.Playgrounds for the children.

    Watertown East Apartments

    1153 Boughton St, Watertown, WI 53094

Frequently Asked Questions

How much does it cost to rent a home in Watertown, WI?
The median rent for a home in Watertown, WI is $1,350 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Watertown, WI?
To comfortably afford the median rent in Watertown, WI, a household needs to earn roughly $54,000 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 $1,350 per month in Watertown, WI, renters typically need to show $4,050 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, WI?
In Watertown, WI, the price-to-rent ratio is 19.5, 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 Homes for Rent
7
Median Rent
$1,350
Median Townhouse Rent
$1,500
Median Condo Rent
$1,200
How to Rent a Home