Expensive
Affordable
Affordable
Colorblind friendly
off
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 $239,145, lower than the South Dakota average of $268,202.
The average cost of rent is $1,058/mo in Watertown, primarily driven by the current value of real estate in the Watertown area. In Watertown, 33.11% of households rent, and 45.08% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Watertown is $6,773 per month. Households that rent pay about 15.62% 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.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
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: equally priced homes
- Kones Corner, SD: equally priced homes
- Troy, SD: higher priced homes
- Castlewood, SD: equally priced 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
No other site shows detail at this level for free. We are able to keep this site free by receiving a small commission from the referring links below if you book, rent, or request a lead at no cost to you. Please share or cite this page if you aren’t able to otherwise support our work.
Map interface © Mapbox © OpenStreetMap Map data and content © bestneighborhood