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Viewing 1-6 of 6 rentals in 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.
Rental Market Trends
Watertown, WI
As of June 2025, Watertown's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Watertown's average rent is 19.5% ($281) lower than the Wisconsin average of $1,440 and 35.0% ($625) lower than the U.S. average of $1,784.
Average Rent
$1,159
Monthly ChangeMonth Over Month Change
5.5% ($60)
Yearly ChangeYear Over Year Change
32.9% ($287)
Avg. Days on MarketAverage Days on Market
37
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $956 | 3.4% ($34) | 19.5% ($156) |
| 2 Beds | $1,178 | 2% ($23) | 19.2% ($190) |
| 3 Beds | $1,464 | 0.3% ($4) | 16.7% ($209) |
| Nearby Cities | Average Rent | Avg. Rent vs. WatertownAverage Rent vs. Watertown | Avg. Days on MarketAverage Days on Market |
|---|---|---|---|
| Johnson Creek | $1,849 | 59.5% ($690) | 39 days |
| Oconomowoc | $1,471 | 26.9% ($312) | 40 days |
| Waterloo | $964 | 16.8% ($195) | 38 days |
| Lake Mills | $1,617 | 39.5% ($458) | 35 days |
| Jefferson | $937 | 19.2% ($222) | 39 days |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Watertown Rental Market FAQs
Explore rental prices, market trends, and availability in Watertown, WI.
The average rent in Watertown, WI is $1,159 per month.
Homes in Watertown typically rent for between $669 and $1,903 per month, with an average of $1,159 per month.
In Watertown, the average rent for a 1-bedroom home is $956 per month, for a 2-bedroom home, $1,178 per month, and a 3-bedroom home is $1,464 per month.
The average rent in Watertown is 35% ($625) lower than the national average of $1,784 per month.
The average rent in Watertown has increased by 5.5% ($60) in the last month and increased by 32.9% ($287) over the past year.
The rental market in Watertown, WI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Watertown, WI, the average rental stays on the market for approximately 37 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 6 rental properties available in Watertown, WI.
Based on the current averages, a household would need an annual income of $47,120 to comfortably afford a 2-bedroom home in Watertown.
