Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Watertown area can be challenging. Home prices in Watertown are now at a median cost of $189,363, lower than the South Dakota average of $199,518.
The average cost of rent is $937/mo in Watertown, primarily driven by the current value of real estate in the Watertown area. While nearly 45.98% of residents own their homes outright in Watertown, 29.94% rent.
Housing affordability isn’t just about home prices, though. The average household income in Watertown is $5,864 per month. Households that rent pay about 15.98% of their income on rent here. Watertown's most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Rauville, SD: higher priced homes
- Foley, SD: less expensive homes
- Kampeska, SD: less expensive homes
- Waverly, SD: higher priced homes
- Kranzburg, SD: higher priced homes
- Grover, SD: less expensive homes
- Thomas, SD: higher priced homes
- Kones Corner, SD: equally priced homes
- Troy, SD: less expensive homes
- Castlewood, SD: less expensive homes
Cities with Similar Populations
- Crystal, MN: higher priced homes
- Tysons Corner, VA: higher priced homes
- Tumwater, WA: higher priced homes
- Tullahoma, TN: equally priced homes
- Trotwood, OH: less expensive homes
- Tipp City, OH: higher priced homes
- Sunset, FL: higher priced homes
- East Renton Highlands, WA: higher priced homes
- East Moline, IL: less expensive homes
- Dover, NJ: higher priced homes
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