Cheap Apartments for Rent in the 57201 ZIP Code of Watertown, SD from $300 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in the 57201 ZIP Code area of Watertown.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 500 7th St NE

$1,200 - $1,750

2 To 3 Bedroom Rentals

Available Jun 12

500 7th St NE

WatertownSD57201
property at 300 8th St NE

$1,200

2 Bedroom Rentals

Available Jun 13

300 8th St NE

WatertownSD57201
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Studios on 3rd
Studio to 1 Bedroom Apartments

Studios on 3rd

15 3rd St SEWatertown, SD 57201
  • Utilities Included
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Briar Creek Townhomes
2 to 3 Bedroom Apartments

Briar Creek Townhomes

1810 Westminster AveWatertown, SD 57201
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Flats on 8th
Studio to 2 Bedroom Apartments

Flats on 8th

22 8th Ave SWWatertown, SD 57201
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Three Oaks II
2 to 3 Bedroom Apartments

Three Oaks II

305-325 18th St SWWatertown, SD 57201

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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Ashland Apartments
1 to 3 Bedroom Apartments

Ashland Apartments

1500 3rd Ave SWWatertown, SD 57201
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One Willow Creek
1 to 2 Bedroom Apartments

One Willow Creek

2002 W Kemp Ave EWatertown, SD 57201
  • Utilities Included
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Parkside Place
1 Bedroom Apartments

Parkside Place

8 2nd St NEWatertown, SD 57201
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Frequently Asked Questions about Cheap the 57201 ZIP Code Apartments

What is the Cheapest Studio apartment in 57201?

Currently the most affordable Cheap Studio Apartment in 57201 is at Safe Harbor Properties listed at $730.

How much is rent for a Cheap One Bedroom 57201 Apartment?

The lowest price for a Cheap One Bedroom 57201 Apartment is $485 at Jacksonville Affordable Housing.

What is the lowest price for a Cheap Two Bedroom 57201 Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in 57201 is starting from $540 at Jacksonville Affordable Housing.

What is the most affordable 57201 Three Bedroom Apartment?

The best deal on a cheap 57201 Three Bedroom Apartment rental is at Orchard Park and starts from $1,515.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.