The Apartments at Madison Barracks
215 Washington St,
Watertown, NY 13601
Studio - 3 Beds | $750 - 1,750
Rental Market Trends in Watertown, NY
What is the average rent in Watertown, NY?
$892/month
Average Rent
752 Sq Ft
Average Apartment Size
+1.3%
Increase in the Last Year
As of November 2024, the average rent in Watertown, NY is $892 per month. This is 43% lower than the national average rent of $1,559/month, making renting in Watertown more affordable than most cities in the US. When you rent an apartment in Watertown, you can expect to pay about $613 per month for a studio, $892 for a one-bedroom apartment, and around $1,226 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,470 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Watertown, NY?
In the past year, rent has increased by 1.3%, which averages out to $12 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated November 2024
Legend
2023
2024
Rent Ranges in Watertown, NY
Last Updated November 2024
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
17%
Below $700/month
31%
$700 - $1,000/month
48%
$1,001 - $1,500/month
3%
$1,501 - $2,000/month
0%
Above $2,000/month
What salary do I need to live comfortably in Watertown, NY?
Because the average rent in Watertown is $892, you’ll want to make about $2,973 per month or $35,676 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Watertown, NY compare to other nearby cities and neighborhoods?
Use the tool below to compare Watertown, NY to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
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Methodology
† Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
* Percentages may not total 100 due to rounding.