Filters Save search

Homes & Apartments for Rent in Watertown, WI

Showing 10 rentals in Watertown, then 10 more within 25 miles, nearest first.
1-20 of 20 rentals

More rentals near Watertown

Viewing 1-20 of 20 rentals in and near Watertown
What to Know About

Life in Watertown & Beyond

Watertown shares many of the great qualities that make Wisconsin a desirable place to live.

Wisconsin, known for its picturesque landscapes, vibrant cities, and fascinating history, is a true gem of the Midwest. Discover Wisconsin's rich heritage by visiting its state-of-the-art museums, such as the Wisconsin Historical Museum in Madison or the Milwaukee Public Museum, or enroll in prestigious universities like the University of Wisconsin-Madison, Marquette University, and the University of Wisconsin-Milwaukee. The industries of manufacturing, agriculture, and tourism have built a robust economy in Wisconsin.

Combined with its diverse geography, it offers endless opportunities for outdoor enthusiasts to explore the state's stunning natural beauty. Enjoy fishing in the Great Lakes, skiing in its scenic mountains, or hiking in the picturesque Kettle Moraine State Forest. Cheer for the Green Bay Packers (NFL) and the Milwaukee Bucks (NBA), or take a scenic drive through the charming towns and countryside. And make sure to take advantage of famous attractions like Lambeau Field, Ice Age National Scientific Reserve, and the Wisconsin Dells.

Experience the best of both worlds with Wisconsin's unique blend of outdoor recreation and thriving economy, making it a great place to live.

Watertown addresses fall in Jefferson County and Dodge County.

Rental Market Trends

Watertown, WI

View full report

As of October 2026, Watertown's rental market is stable, with rentals spending about 34 days on the market, faster than in Wisconsin (36), and rents up 5.0% over the past year. Watertown's average rent is 14.1% ($212) lower than the Wisconsin average of $1,506 and 37.8% ($788) lower than the U.S. average of $2,082.

Average Rent
$1,294
Monthly ChangeMonth Over Month Change
Increased0.19% ($2)
Yearly ChangeYear Over Year Change
Increased5.0% ($62)
Days on Market
34
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,206 Decreased0.14% ($2) Increased1.4% ($16)
2 Beds $1,338 Increased0.01% Increased3.5% ($45)
3 Beds $1,733 Decreased0.41% ($7) Decreased0.2% ($4)
Nearby Cities Average Rent Avg. Rent vs. WatertownAverage Rent vs. Watertown Days on Market
Johnson Creek $1,682 Increased30.0% ($388) 33 days
Oconomowoc $1,786 Increased38.0% ($492) 35 days
Juneau $1,166 Decreased9.9% ($128) 58 days
Waterloo $1,179 Decreased8.9% ($115) 34 days
Lake Mills $1,651 Increased27.6% ($357) 36 days
Based on rentals advertised on RentalSource in and around Watertown.
Frequently Asked Questions
Watertown Rental Market FAQs

Explore rental prices, market conditions, and affordability in Watertown, WI.

The average rent in Watertown, WI is about $1,294 per month.
In Watertown, the average rent is about $1,206 per month for a 1-bedroom home, about $1,338 for a 2-bedroom home and about $1,733 for a 3-bedroom home.
The average rent in Watertown is 37.8% ($788) lower than the national average of $2,082 per month.
The rental market in Watertown, WI is currently stable, with rentals spending about 34 days on the market, faster than in Wisconsin (36), and rents up 5.0% over the past year.
Based on the current averages, a household would need an annual income of about $53,500 to comfortably afford a 2-bedroom home in Watertown.
What's New on the Blog

Explore recent posts on our blog, curated for renters, landlords, and industry pros.

List Your Property for Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.