
Cheap Apartments for Rent in the 57201 ZIP Code of Watertown, SD from $300 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in the 57201 ZIP Code area of Watertown.


21 1st Ave SE, Unit 203

The Oaks I & II

Archer Flats

1320 4th Ave SE

Wilkeshire Apartments

Marketplace Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

The Lofts

615 6th St NE

Generations on 1st

One & Two Willow Creek

5 S Broadway

Lofts at Willow Creek

The Plains Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Studios on 3rd

Briar Creek Townhomes

Willow Creek Apartments

Three Oaks II

Ashland Apartments

One Willow Creek

105 1st Ave SW
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Colony West

Flats on 8th

Parkside Place

317 3rd Ave SE

420 4th St NE

107 4th Ave SE

304 3rd Ave NE
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.
Watertown, SD Local Guide

How much does it cost to rent an apartment in 57201?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| 57201 Studio Apartments | $1,031 | $866 | $1,089 |
| 57201 1 Bedroom Apartments | $1,261 | $455 | $1,800 |
| 57201 2 Bedroom Apartments | $1,401 | $545 | $1,749 |
| 57201 3 Bedroom Apartments | $1,410 | $800 | $2,100 |
| 57201 4 Bedroom Apartments | $806 | $806 | $806 |
Browse Apartments in the 57201 Zip Code of Watertown
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Frequently Asked Questions about Cheap the 57201 ZIP Code Apartments
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.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.