Rent in Watertown, WI
Across Watertown's 2 ZIP codes, a 2-bedroom typically rents for about $1,087 a month, with figures from $1,052–$1,209. The highest typical rent is in 53098 ($1,121) and the lowest in 53094 ($1,052). Owner-occupied homes in Jefferson County pay about 1.46% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $815 | $787–$842 | 2 |
| 1 bed | $877 | $840–$958 | 2 |
| 2 beds | $1,087 | $1,052–$1,209 | 2 |
| 3 beds | $1,319 | $1,253–$1,635 | 2 |
| 4 beds | $1,610 | $1,464–$1,652 | 2 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Watertown ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Watertown, WI?
- About $1,087 a month: the median of the typical rents in 2 ZIP codes, which range from $1,052–$1,209. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Watertown, WI?
- About $877 a month: the median of the typical rents in 2 ZIP codes, which range from $840–$958. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Watertown, WI?
- About $1,319 a month: the median of the typical rents in 2 ZIP codes, which range from $1,253–$1,635. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Watertown, WI?
- About $815 a month: the median of the typical rents in 2 ZIP codes, which range from $787–$842. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Watertown, WI?
- About $1,610 a month: the median of the typical rents in 2 ZIP codes, which range from $1,464–$1,652. Figures are gross rent (rent plus tenant-paid utilities).
- Which Watertown ZIP code has the highest rent?
- For a 2-bedroom, 53098 has the highest typical rent at $1,121 a month, and 53094 the lowest at $1,052.
- What is the property tax rate in Watertown, WI?
- Owner-occupied homes in Jefferson County pay a typical 1.46% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Watertown rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).