Rental market snapshot for Watertown, New York

Watertown, New York Rental Property Market Overview

Watertown, New York is a city located in Jefferson County, New York. It is situated on the banks of the Black River and is home to 24,575 people as of 2021, according to the US Census. Watertown is known for its rich history, having been founded in 1800 and served as a major industrial center in the 19th century. Today, Watertown is a vibrant city with a variety of attractions, including the historic Jefferson County Courthouse, the Watertown Fairgrounds, and the Thousand Islands Arts Center. With its diverse population, Watertown is a great place to live, work, and play.

The average rent for an apartment in Watertown is $1,235. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has increased by 18.4% over the past year.

Last Updated January 31, 2023

Average monthly rent graph in Watertown New York | Cost of Living

  • The most expensive ZIP Code in Watertown is 13601 with an average price of $1,475
  • The cheapest ZIP Code in Watertown is 13601 with an average price of $995

Watertown ZIP Codes with the highest, most expensive rent

#zip codeaverage rent
113601$1,475

Live near Watertown, New York's Top Sights and Attractions

Thompson Park is a sprawling public park located in Watertown, New York. It features a variety of outdoor activities, including a large lake for fishing and boating, a playground, and several sports fields. There are also several walking trails, picnic areas, and a disc golf course. The park is also home to a variety of wildlife, including deer, foxes, and a variety of birds. During the summer months, the park hosts a variety of events, including concerts, festivals, and outdoor movies.

Fairgrounds Park is a large outdoor recreational area located in Watertown, New York. It features a variety of activities, including a playground, walking trails, a disc golf course, and a large open field. The park also has a picnic area, a pavilion, and a pond with a fishing dock. There are also several sports courts, including basketball and tennis courts, as well as a baseball diamond. The park is a great place to spend the day with family and friends, and is a popular spot for outdoor activities.

Veterans Memorial Riverwalk is a scenic riverside path located in Watertown, New York. It is a peaceful and tranquil spot to take a stroll, with a variety of trees, shrubs, and flowers lining the path. The walkway is also home to a variety of memorials and monuments dedicated to the brave men and women who served in the armed forces. The path also offers stunning views of the Black River, and is a great spot for a picnic or a leisurely stroll.

Bicentennial Park is a scenic outdoor area located on the banks of the Black River. It features a variety of recreational activities, including walking trails, picnic areas, playgrounds, and a boat launch. The park also has a large open field perfect for sports and other activities, as well as a pavilion for special events. Visitors can also enjoy stunning views of the river and the surrounding countryside.

Waterworks Park is a scenic outdoor destination located in the heart of Watertown. It features a large pond, walking trails, and a variety of recreational activities. The park has a playground, picnic areas, and a boat launch for kayaking and canoeing. Visitors can also enjoy fishing, bird watching, and exploring the natural beauty of the area. The park is a great spot for a family outing or a peaceful stroll.

Whitewater Park is an outdoor recreation area located along the Black River in Watertown, New York. It features a variety of activities, including kayaking, canoeing, tubing, and fishing. There is also a beach area, picnic tables, and a playground. The park also offers a variety of trails for hiking, biking, and cross-country skiing. The park is open year-round and is a great place to enjoy the outdoors.

Gair Park is a popular outdoor destination located in Watertown, New York. It features a large playground, a basketball court, a baseball diamond, and a walking path. The park also has a picnic area with tables and grills, as well as a pavilion for larger gatherings. The park is surrounded by trees and offers a great view of the nearby river. Gair Park is a great place to spend a day with family and friends, or to just relax and enjoy the outdoors.

Rt 3 Handicap Fishing and Boat Access is a great spot for outdoor recreation in Watertown, New York. It offers a fully accessible fishing pier, boat launch, and picnic area, all of which are wheelchair accessible. The pier is equipped with a special lift to help those with disabilities get in and out of the water. The boat launch is designed to accommodate boats of all sizes, and the picnic area provides a great spot to relax and enjoy the scenery.

Marble Street Park is a picturesque public park located in a historic neighborhood of Watertown, New York. The park features a large open green space, perfect for picnics and outdoor activities, as well as a playground and a basketball court. The park is also home to a beautiful marble fountain, which is the centerpiece of the park. The fountain is surrounded by lush landscaping, including trees, shrubs, and flowers. The park also features a walking path, perfect for a leisurely stroll or a jog. Marble Street Park is a great place to relax and enjoy the outdoors.

Public Square Park is a beautiful green space located in the heart of the city. It is a popular spot for locals and visitors alike, offering a variety of activities and attractions. The park features a large fountain, a gazebo, and plenty of benches and tables for picnicking. There are also plenty of trees and shrubs, providing a peaceful and tranquil atmosphere. The park is also home to a variety of events throughout the year, such as concerts, festivals, and art shows.

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Watertown, New York area median rent change by ZIP Code map

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How does Watertown compare to other cities in New York ?

citymedian price
Clifton Park$1,459
Forest Hills$2,500
Poughkeepsie$1,750
Dobbs Ferry$3,213
Elmhurst$2,200
Kingston$1,830
Yonkers$2,114

Average household income in Watertown area graph - US Census

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The median household income in Watertown in 2021 was $41,918. This represents a 11.7% change from 2011 when the median was $37,514.

#categorypercent
0Less than $10,00011.2%
1$10,000 to $14,9995.9%
2$15,000 to $19,9995.1%
3$20,000 to $24,9997.4%
4$25,000 to $29,9997.2%
5$30,000 to $34,9997.3%
6$35,000 to $39,9994.0%
7$40,000 to $44,9995.9%
8$45,000 to $49,9994.3%
9$50,000 to $59,9998.7%
10$60,000 to $74,9997.9%
11$75,000 to $99,99912.3%
12$100,000 to $124,9994.1%
13$125,000 to $149,9993.7%
14$150,000 to $199,9992.3%
15$200,000 or more2.9%

Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.
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