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Rental Market Trends in Watertown, WI

What is the average rent in Watertown, WI?

$1,012/month

Average Rent

826 Sq Ft

Average Apartment Size

+3.3%

Increase in the Last Year

As of December 2025, the average rent in Watertown, WI is $1,012 per month. This is 38% lower than the national average rent of $1,632/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 per month for a studio, $1,012 for a one-bedroom apartment, and around $1,056 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,015 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,012/month
826 Sq Ft
Two Bedroom
$1,056/month
1,051 Sq Ft
Three Bedroom
$1,015/month
1,214 Sq Ft
Floor Plan Type
Average Rent
Average 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, WI?

In the past year, rent has increased by 3.3%, which averages out to $34 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 December 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Watertown, WI
Last Updated December 2025
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Watertown, WI
Percentage*
Rent Range
17% Below $700/month
44% $700 - $1,000/month
33% $1,001 - $1,500/month
6% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Watertown is $1,012, you’ll want to make about $3,373 per month or $40,476 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, WI

37 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Watertown, WI 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, WI

Apartment Averages

Nearby City Rent Trends

  • Jefferson Average Rent
  • Oconomowoc Average Rent

Apartment communities in Watertown we think you'll love

Audubon Park Landing, LLC

Audubon Park Landing, LLC

201 Air Park Dr,
Watertown, WI 53094

$1,290

2 Beds

Audubon East

Audubon East

300-318 Lauren Ln,
Watertown, WI 53094

$1,225

2 Beds

Watertown Park Apartments, LLC

Watertown Park Apartments, LLC

1348 N 4th St,
Watertown, WI 53098

$1,305

2 Beds

Audubon Park Apartments, LP

Audubon Park Apartments, LP

201 Air Park Dr,
Watertown, WI 53094

$1,090

2 Beds

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United States Wisconsin 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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity