Rent in Watertown, NY at a glance
2-bedroom rent (HUD)
$1,405$16,860 a year · HUD fiscal year 2026From October 1, 2026: $1,453 (+3.4%)How much rent can you afford in Watertown, NY?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Watertown, NY by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $969 | $11,628 | $38,760 | $18.63/hr |
| 1 bedroom | $1,071 | $12,852 | $42,840 | $20.60/hr |
| 2 bedroomsMost searched | $1,405 | $16,860 | $56,200 | $27.02/hr |
| 3 bedrooms | $1,907 | $22,884 | $76,280 | $36.67/hr |
| 4 bedrooms | $2,340 | $28,080 | $93,600 | $45.00/hr |
Cost of living in Watertown, NY: income, prices and a budget →
Living and working in Watertown, NY
Rent in Watertown, NY: common questions
How much is rent going up in Watertown, NY in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,453 for a two-bedroom, up 3.4% from $1,405. A one-bedroom goes from $1,071 to $1,111, a studio from $969 to $1,012.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Watertown, NY?
HUD's Fair Market Rent for 2026 is $1,071 for a one-bedroom and $1,405 for a two-bedroom, utilities included. That is $16,860 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Watertown, NY?
To keep a $1,405 two-bedroom at 30% of gross pay, one full-time worker needs $27.02 an hour, or $56,200 a year. A one-bedroom at $1,071 takes $20.60 an hour.
How much is a 1, 2 or 3-bedroom apartment in Watertown, NY?
At HUD's 2026 Fair Market Rent: studio $969, one bedroom $1,071, two $1,405, three $1,907 and four $2,340 a month.
Is rent affordable in Watertown, NY?
For the typical household, earning $51,753 a year ($4,313 a month, Census ACS), a two-bedroom at $1,405 takes 32.6% of income. Under 30% is the usual line for affordable; this is over it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,405 × 12) ÷ 0.30 = $56,200. Divided by 2,080 working hours, that is $27.02 an hour.