Housing & Real Estate — Waterville, Minnesota

Overview

Total Housing Units1,008
Occupied845
Vacant163
Owner-Occupied648
Renter-Occupied197
Median Home Value (Census)$236,000
Estimated 2026~$288,000
Median Rent$835/mo
Median Property Tax$2,601/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilitymoderate
Rent as % of Income13.1%
Severely Rent-Burdened38.7%

Housing Age

Built 2010 or later40
Built 2000-200971
Built 1990-1999206
Built before 1960457
Median Year Built1967
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.