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Rental Market Trends in Watertown, NY

What is the average rent in Watertown, NY?

$902/month

Average Rent

772 Sq Ft

Average Apartment Size

+0.9%

Increase in the Last Year

As of July 2025, the average rent in Watertown, NY is $902 per month. This is 45% lower than the national average rent of $1,637/month, making renting in Watertown more affordable than most cities in the US. When you rent an apartment in Watertown, you can expect to pay about $620 per month for a studio, $902 for a one-bedroom apartment, and around $1,225 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,535 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$620/month
409 Sq Ft
One Bedroom
$902/month
772 Sq Ft
Two Bedroom
$1,225/month
1,066 Sq Ft
Three Bedroom
$1,535/month
1,379 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$1,775/month
1,231 Sq Ft
Four Bedroom
$2,330/month
2,163 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Watertown, NY?

In the past year, rent has increased by 0.9%, which averages out to $9 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Watertown, NY
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Rent Ranges in Watertown, NY
Percentage*
Rent Range
17% Below $700/month
31% $700 - $1,000/month
48% $1,001 - $1,500/month
3% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Watertown, NY?

Because the average rent in Watertown is $902, you’ll want to make about $3,006 per month or $36,072 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Watertown, NY

178 Available Apartments for Rent

Search for Nearby Apartments

How does Watertown, NY compare to other nearby cities and neighborhoods?

Use the tool below to compare Watertown, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Watertown, NY

Apartment Averages

Apartment communities in Watertown we think you'll love

Parkstead City Center

Parkstead City Center

207 Wealtha Ave,
Watertown, NY 13601

2-4 Beds | $1,243 - $1,632

The Apartments at Madison Barracks

The Apartments at Madison Barracks

215 Washington St,
Watertown, NY 13601

Studio - 3 Beds | $750 - $1,750

Kelsey Creek Apartments

Kelsey Creek Apartments

1204 Superior St,
Watertown, NY 13601

1-3 Beds | $795 - $1,200

Parkstead Watertown at Thompson Park

Parkstead Watertown at Thompson Park

1815 Olmstead Dr,
Watertown, NY 13601

2-4 Beds | $1,249 - $1,676

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United States New York Watertown Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity