RentYield Atlas

ZIP 57201 — Watertown, SD: rental yield & market data

Gross rental yield of 4.34% — ranked #13 of 20 South Dakota ZIP codes. June 2026 data.

Gross rental yield
4.34%
Home value
$334,067
Market rent / mo
$1,207
Price-to-rent
23.1

Trend

Metric1-year change5-year change
Home value+2.2% +25.8%
Market rent

Metro: Watertown, SD · County: Codington County · Annual rent: $14,484

Comparable ZIP codes in South Dakota

Similar home values, sorted by yield — the cheapest way to see if 57201 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
57501PierreSD$305,118$1,4315.63%17.8+6.1%
57701Rapid CitySD$306,313$1,4045.50%18.2+1.3%
57703Rapid CitySD$363,792$1,5545.13%19.5+2.3%
57107Sioux FallsSD$330,419$1,4065.11%19.6+1.2%
57719Box ElderSD$371,227$1,5575.03%19.9+2.4%
57106Sioux FallsSD$337,174$1,3184.69%21.3+1.5%
57032HarrisburgSD$369,454$1,2654.11%24.3+0.4%
57006BrookingsSD$327,789$1,1004.03%24.8+5.3%

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