Average rent in Watertown, SD

As of September 2026, the typical asking rent in the Watertown, SD metro area is $1,196 per month, down 0.0% from a year ago — 20% below the US metro average of $1,498.

Figures cover all property types — single-family, condo and apartment — at every bedroom count. The interactive map can break rents down by home type.

Average rent

$1,196

September 2026

Year over year

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vs — a year ago

3-year change

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from —

Our forecast accuracy here

±0.6%

avg error on held-out data

Watertown, SD rent history

Observed market rent since February 2026.

Feb 26 – Sep 26
Watertown, SD observed rentSame month last year

Watertown, SD rent forecast

Our forecasting engine begins projecting a metro once it has 12 months of observed rent data, so that seasonality and year-over-year trends can be measured rather than guessed. Watertown, SD has 8 so far; its forecast will appear here automatically as the history builds.

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Interactive history, zip-level rents, and 12-month ML forecasts with explainability.

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More South Dakota metros

Aberdeen, SD · $1,083Brookings, SD · $1,275Pierre, SD · $1,275Rapid City, SD · $1,457Sioux Falls, SD · $1,265Spearfish, SD · $1,489Yankton, SD · $1,050All South Dakota metros →

Rent figures are smoothed median asking rents (Zillow Observed Rent Index) for the Watertown, SD metro area, updated monthly. Forecasts are produced by RentLens's proprietary ML models; “forecast accuracy” is this metro's average prediction error on held-out historical data.