Housing & Real Estate — Watertown, Minnesota

Overview

Total Housing Units1,877
Occupied1,809
Vacant68
Owner-Occupied1,435
Renter-Occupied374
Median Home Value (Census)$337,200
Estimated 2026~$395,000
Median Rent$967/mo
Median Property Tax$3,438/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income11.6%
Severely Rent-Burdened11.1%

Housing Age

Built 2010 or later274
Built 2000-2009530
Built 1990-1999277
Built before 1960439
Median Year Built1990
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.