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Updated 2 hours ago

Marketplace Apartments


Marketplace Apartments 15 1st St NW Watertown, SD

1 - 2 Bed
•
1 - 2 Bath

787 - 1,333 Sq. Ft.

Available starting Sep. 11th
Floor plans
1 Bed • 1 Bath
$1,135 - $1,200
787 ft2
3 Available
Managed By: HME Management
Unit 405
$1,145
Available Oct 7th, 2026
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Unit 115
$1,200
Available Oct 12th, 2026
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Unit 207
$1,135
Available Nov 17th, 2026
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2 Beds • 2 Bath
$1,445
1027 ft2
1 Available
Managed By: HME Management
Unit 420
$1,445
Available Sep 11th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,720
1333 ft2
1 Available
Managed By: HME Management
Unit 412
$1,720
Available Sep 15th, 2026
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View Rented Units
2 Beds • 2 Bath
$1,565
1286 ft2
1 Available
Managed By: HME Management
Unit 210
$1,565
Available Oct 12th, 2026
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Where you'll live
Street View
Map View
Satellite View
Marketplace Apartments
Marketplace Apartments
Marketplace Apartments
Location ratings
Walk Score®
84
Very Walkable
Bike Score®
61
Bikeable
Amenities
On-site Laundry
Storage
Refrigerator
Garbage Disposal
Trash Removal Included
Public Transportation
Water Included
Range / Oven
Microwave
High-speed Internet
Smoke-free Community
Elevator
Fees & leasing info
Pets
Dogs Ok
Cats Ok
Parking
Surface Parking
Garage - Attached
Lease & Fees
Security Deposit: $750
Property details
Description

Marketplace offers unique one and two bedroom apartments. The rooftop patio is a great place to gather and enjoy the outside. Each unit has smart deadbolt access providing easy and secure access to the apartment. High speed internet access in each unit. A pet wash station, garbage chute, modern window coverings, in-unit washer/dryer, quality cabinetry, and stainless-steel appliances are just some of the amenities of these well-appointed apartments.

Additional Details
Total Unit Count: 69
Last Updated: Updated 2 hours ago
Contact Number: (605) 736-4234
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Renters Also Viewed
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for Marketplace Apartments by bedroom type below.
1 Bedroom
Suggested income:
$41,800
per year
2 Bedroom
Suggested income:
$56,700
per year
Rent report

Marketplace Apartments Rent vs. Watertown Average

 Marketplace Apartments      Watertown Average
1BR
$1,160
$1,132
$0
$400
$800
$1,200
$1,600
2BR
$1,577
$1,311
$0
$550
$1,100
$1,650
$2,200

Marketplace Apartments is asking 2% more than the average 1 bedroom apartment in Watertown.

If you upsized to an average priced Watertown 2 bedroom apartment, you would pay 14% more per month.

If you downsized to an average priced Watertown studio apartment, you would pay 9% less per month.

Marketplace Apartments provides 8% more square footage than the average Watertown 1 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
Marketplace Apartments
1BR $1,160 $1.50 $3,480
2BR $1,577 $1.30 $4,730
Watertown Average
Studio $1,035 $1.70 $3,105
1BR $1,132 $1.60 $3,396
2BR $1,311 $1.30 $3,932
3BR $1,328 $1.20 $3,984

Availability in Watertown

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 39 2BR units on the market in Watertown. If you're looking to negotiate, this may be your best option.

Studio
1BR
2BR
3BR
3% 32% 50% 15%
Available Units in Watertown
Studio 2
1BR 25
2BR 39
3BR 12
FAQs
Is this property currently leasing units?
Yes. There are 6 available units at this property.
How many units are move-in ready in the next 2 months?
This property has 5 units available for move-in over the next 2 months. The soonest move-in date is September 11, 2026.
What's the square footage of the available units?
The available units range from 787 to 1,333 square feet.
Does this property allow cats or dogs?
This property allows tenants to keep cats and dogs.
How many bedrooms are in the available units?
There are 1 and 2 bedroom units available.
How many bathrooms are in the available units?
There are 1 and 2 bathroom units available.
What's the monthly rent at this property?
Rent on available units ranges from $1,145 to $1,720. Marketplace Apartments has 1 bedroom units available starting at $1,145 and 2 bedroom units available starting at $1,445.
Where is this property located?
This property is at Marketplace Apartments 15 1st St NW in Watertown, SD. It's 0.8 miles northwest from the center of Watertown.
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