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- 1–2 Bedrooms
- $1,005-$1,680Pricing
- 614–1,286Square Feet
About Market Place
Marketplace offers unique one and two bedroom apartments. The rooftop patio is a great place to gather and enjoy the outside. Each unit has smart deadbolt access providing easy and secure access to the apartment. High speed internet access in each unit. A pet wash station, garbage chute, modern window coverings, in-unit washer/dryer, quality cabinetry, and stainless-steel appliances are just some of the amenities of these well-appointed apartments.
Market Place is located in the 57201 Zip code of Watertown, SD. This community is professionally managed by HME Companies
Unique Features and Amenities
- Above the Range Microwave
- centrally located elevator
- Community Lounge
- community rooftop patio
- Controlled building access
- garbage
- Garbage Chute Access
- garbage chute access on each floor
- heated underground or ground floor parking
- high speed internet (100mbps)
- interior mailboxes
- In-Unit Washer & Dryer
- Modern Window Coverings
- Off Street Parking
- One Heated Garage Space
- Pet Wash Station
- Quality Cabinetry
- sewer
- Smoke-Free Building & Grounds
- Stainless steel appliances including dishwasher
- Water
Property Contact Info
Floorplan Pricing and Availability
Market Place offers 1 to 2 Bedroom apartments starting from $1,005 and having 614–1,286 sq ft. Here is the current pricing and availability:
New! Interactive Property Map
1 Bedroom
Floorplan A
$1,005
1 Bed, 1 Bath, 614 sq ftAvailable May 27Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit View Details $1,005 May 27, 2026 414 614 $750 $1,005 June 9, 2026 416 614 $750 Model Amenities and Features
Features
- High Speed Internet Access
Kitchen
- Dishwasher
- Range
- Refrigerator
Services
- Recycling
Unique Features
- above the range microwave
- centrally located elevator
- community rooftop patio
- controlled building access
- Garbage
- garbage chute access on each floor
- interior mailboxes
- modern window coverings
- pet wash station
- quality cabinetry
- Sewer
- Water
Model Rent and Fees
Model Price
- $1,005
Deposit
- $750 deposit
Unit 414 Amenities and Features
Features
- High Speed Internet Access
Kitchen
- Dishwasher
- Range
- Refrigerator
Services
- Recycling
Unique Features
- above the range microwave
- Centrally Located Elevator
- community rooftop patio
- Controlled Building Access
- Garbage
- Garbage Chute Access on each Floor
- Interior Mailboxes
- Modern Window Coverings
- Pet Wash Station
- Quality Cabinetry
- Sewer
- Water
Unit 414 Rent and Fees
Unit Price
- $1,005
Deposit
- $750 deposit
Unit Description
"A" unit Marketplace offers unique one and two bedroom apartments. The rooftop patio is a great place to gather and enjoy the outside. Each unit smart deadbolt access providing easy and secure access to the unit. High speed internet access in each unit. Modern window coverings, in-unit washer/dryer, quality cabinetry, and stainless-steel appliances are just some of the amenities of these well-appointed apartments.
Model Rent and Fees
Price
- $1,005
Unit 416 Amenities and Features
Features
- High Speed Internet Access
Kitchen
- Dishwasher
- Range
- Refrigerator
Services
- Recycling
Unique Features
- above the range microwave
- Centrally Located Elevator
- Community Rooftop Patio
- controlled building access
- Garbage
- Garbage Chute Access on each Floor
- Interior Mailboxes
- Modern Window Coverings
- Pet Wash Station
- Quality Cabinetry
- Sewer
- Water
Unit 416 Rent and Fees
Unit Price
- $1,005
Deposit
- $750 deposit
Unit Description
"A" unit Marketplace offers unique one and two bedroom apartments. The rooftop patio is a great place to gather and enjoy the outside. Each unit smart deadbolt access providing easy and secure access to the unit. High speed internet access in each unit. Modern window coverings, in-unit washer/dryer, quality cabinetry, and stainless-steel appliances are just some of the amenities of these well-appointed apartments.
Model Rent and Fees
Price
- $1,005
Apartment Model: AFrom $1,0051 Bedroom, 1 Bath, 614 sq ftAvailable May 27, 2026FloorplansPhotos![]()
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A - Floorplan 12 Apartment Unit: 414Apartment Model: A$1,0051 Bedroom, 1 Bath, 614 sq ftAvailable May 27, 2026Apartment Unit: 416Apartment Model: A$1,0051 Bedroom, 1 Bath, 614 sq ftAvailable June 9, 2026Floorplan C
$1,135
1 Bed, 1 Bath, 787 sq ftAvailable Jul 6Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,135 July 6, 2026 305 787 $750 Unit 305 Amenities and Features
Features
- High Speed Internet Access
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Services
- Recycling
Unique Features
- Centrally Located Elevator
- Community Rooftop Patio
- Controlled Building Access
- Garbage
- Garbage Chute Access on each Floor
- interior mailboxes
- Modern Window Coverings
- One Heated Garage Space
- Pet Wash Station
- Quality Cabinetry
- Sewer
- Water
Unit 305 Rent and Fees
Unit Price
- $1,135
Deposit
- $750 deposit
Unit Description
'C" unit Marketplace offers unique one and two bedroom apartments. The rooftop patio is a great place to gather and enjoy the outside. Each unit smart deadbolt access providing easy and secure access to the unit. High speed internet access in each unit. Modern window coverings, in-unit washer/dryer, quality cabinetry, and stainless-steel appliances are just some of the amenities of these well-appointed apartments.
Model Rent and Fees
Price
- $1,135
Apartment Model: C$1,1351 Bedroom, 1 Bath, 787 sq ftAvailable July 6, 2026FloorplansPhotos![]()
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C - Floorplan 14 Apartment Unit: 305Apartment Model: C$1,1351 Bedroom, 1 Bath, 787 sq ftAvailable July 6, 20262 Bedrooms
Floorplan H
$1,680
2 Beds, 2 Baths, 1286 sq ftAvailable May 18Model Gallery
Floorplans
Photos
Availability Details
Price Availability Date Unit Sq Ft Deposit $1,680 May 18, 2026 410 1286 $750 Unit 410 Amenities and Features
Features
- High Speed Internet Access
Kitchen
- Dishwasher
- Microwave
- Range
- Refrigerator
Services
- Recycling
Unique Features
- Centrally Located Elevator
- Community Rooftop Patio
- Controlled Building Access
- Garbage
- Garbage Chute Access on each Floor
- interior mailboxes
- modern window coverings
- One Heated Garage Space
- Pet Wash Station
- Quality Cabinetry
- Sewer
- Water
Unit 410 Rent and Fees
Unit Price
- $1,680
Deposit
- $750 deposit
Unit Description
"H" unit Marketplace offers unique one and two bedroom apartments. The rooftop patio is a great place to gather and enjoy the outside. Each unit smart deadbolt access providing easy and secure access to the unit. High speed internet access in each unit. Modern window coverings, in-unit washer/dryer, quality cabinetry, and stainless-steel appliances are just some of the amenities of these well-appointed apartments. Reserve your new home today!
Model Rent and Fees
Price
- $1,680
Apartment Model: H$1,6802 Bedroom, 2 Bath, 1286 sq ftAvailable May 18, 2026FloorplansPhotos![]()
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H - Floorplan 11 ![]()
H - Floorplan 12 Apartment Unit: 410Apartment Model: H$1,6802 Bedroom, 2 Bath, 1286 sq ftAvailable May 18, 2026
Schedule a Tour
Property Information
- 70 Units
- 4 Stories
- Built in 2023
- View Property Website
Fees and Policies
The fees listed below are community-provided and may exclude utilities or add-ons. All payments are made directly to the property and are non-refundable unless otherwise specified.
Required Fees
One-Time Basics
- Due at Application
- Application Fee Per ApplicantiCharged per applicant.$40
Pet Policy and Fees
Cats
AllowedDogs
AllowedProperty Fee Disclaimer: Based on community-supplied data and independent market research. Subject to change without notice. May exclude fees for mandatory or optional services and usage-based utilities.
Features and Amenities
On-Site Services
- Pet Washing Station
- Renters Insurance Program
Community Features
- Disposal Chutes
- Elevator
Outdoor Features
- Roof Terrace
- Controlled Access
Interior Features
- High Speed Internet Access
- Washer/Dryer
- Smoke Free
Kitchen Amenities
- Range
- Refrigerator
- Dishwasher
- Microwave
- Oven
- Freezer
Living Area Features
- Window Coverings
- Vinyl Flooring
- Carpet

Map
- Shopping
- Medical

Map
Hours and Contact Info
| Monday | By Appointment |
| Tuesday | By Appointment |
| Wednesday | By Appointment |
| Thursday | By Appointment |
| Friday | By Appointment |
| Saturday | Closed |
| Sunday | Closed |
Frequently Asked Questions about Market Place
Where is Market Place located?
Market Place is located at 15 1st St NW, Watertown, SD
What is the current rent range at Market Place?
1 Bedroom to 2 Bedroom Apartments at Market Place currently range from $1,005 to $1,680
When is the leasing office open?
- The office Hours for Market Place are
- Monday By Appointment
- Tuesday By Appointment
- Wednesday By Appointment
- Thursday By Appointment
- Friday By Appointment
- Saturday Closed
- Sunday Closed
Are pets allowed?
Call us today to find out our pet policy and if we allow pets
Lifestyle Ratings
Learn more about Lifestyle SearchRenters Reviews and Ratings
Don't WASTE your money on application fee!
March 27, 2025Unmotivated and unresponsive renters! Messed the lease up and wouldn't rent to us because of their mistake. Would give a negative review if I could.Property Manager Responded
March 27, 2025Thank you for taking the time to share your feedback! If the mistake was on our end, we would gladly review the application fee. Would you be willing to provide more details on what occurred? If so, please give us a call at 605-736-1972 and we can walk through that together. Marketplace Apartments
Review from Apartments.com
Poor and Rude Customer Service
March 18, 2025(If I could give negative stars, I would!) This is by far the worst rental experience I’ve ever had. Their response time is terrible, and when they do bother to reply, they’re unbelievably rude. The lack of professionalism and basic courtesy is shocking. If negative stars were an option, they would absolutely deserve them. Avoid this place at all costs!Property Manager Responded
March 19, 2025Thank you for taking the time to share your feedback! We have a reputation for professionalism and responsiveness and are disappointed that we fell short in your experience with us. If you would be willing to provide more details, that information would be very helpful so that we can make any necessary adjustments, please reach out to us directly at 605-956-5831. Marketplace Apartments
Review from Apartments.com
Nearby Schools
Watertown High School - 01
Roosevelt Elementary - 08
Watertown Intermediate School
Watertown Jr. High - 02
About GreatSchools Data on ApartmentHomeLiving.com.
Points of Interest
Time and distance from Market Place.
Big Box and Retail
Autozone
Target
Menards
Hospitals
Prairie Lakes Healthcare System
Shopping Centers
Market Place has 3 shopping centers within 2.7 miles.
Rental Price Ranges in the Area
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Watertown Studio Apartments | $903 | $740 | $1,155 |
| Watertown 1 Bedroom Apartments | $1,127 | $455 | $1,980 |
| Watertown 2 Bedroom Apartments | $1,468 | $545 | $1,975 |
| Watertown 3 Bedroom Apartments | $1,554 | $870 | $1,840 |
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