Clearwater: Housing & Real Estate
Housing in Clearwater centers on a median value of $271,800 (estimated market value runs 24% higher at $336,663), with median rent $1,091 (1.2× below Wright County median $1,288; 1.2× below Minnesota median $1,280). Homeownership rate: 61.9%. That's 1.3× below the Wright County median ($358,900); 1.2× below the Minnesota median ($329,300). Market is hot. Vacancy rate 1.1%. New construction makes up 18.4% of stock. A municipal building code is in effect.
- 3.0× annual income — home value vs. household income (vs Minnesota 3.9×).
- 20.8 years to break even renting at the median (vs Minnesota 20y).
- 4-BR rent is 2.1× a studio — rent gradient by unit size.
- Median rent 9% below HUD 2-BR FMR — local market vs federal subsidy benchmark.
Home Values & Rent
Median home value $271,800 — 0.8× the Minnesota median ($337,000). Median rent $1,091/month. homeownership rate 61.9% — below the U.S. share of ~65%.
| Affordability · Home Price To Income | 3.0× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 14.1% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 17.2% |
| Affordability · Poverty Rate | 6.5% |
| Affordability · Property Tax Pct Income | 3.1% |
| Fair Market Rent · Studio rent | $874 (vs Minnesota $1,242) |
| Fair Market Rent · One-bedroom rent | $919 (vs Minnesota $1,405) |
| Fair Market Rent · Two-bedroom rent | $1,206 (vs Minnesota $1,709) |
| Fair Market Rent · Three-bedroom rent | $1,604 (vs Minnesota $2,262) |
| Fair Market Rent · Four-bedroom rent | $1,873 (vs Minnesota $2,531) |
| Fair Market Rent · HUD FMR area | St. Cloud, MN MSA |
| Fair Market Rent · Fiscal year | FY2026 |
| Home Value Estimate | $336,663 |
| Median Home Value | $271,800 (vs Minnesota $337,000) |
| Median Rent | $1,091 (vs Minnesota $1,371) |
Sources: HUD FMR FY2026 · Census ACS 5-Year 2023, B25077 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Tenure & Occupancy
Owner-occupied vs renter-occupied housing units, plus vacancy rates.
| Housing Market · Market temperature | hot |
|---|---|
| Housing Market · Vacancy rate | 1.1% |
| Housing Market · New construction (% of stock) | 18.4% |
| Housing Market · Price Appreciation 2Yr | 9.6% |
Utilities
Electricity, water, and broadband infrastructure serving residents. Broadband percentages reflect the share of premises that can subscribe to service at the listed speed (FCC Form 477).
Systems (1)
| Broadband · % of premises with 25/3 Mbps broadband | 100.0% (at Minnesota median) |
|---|---|
| Broadband · % of premises with 100/20 Mbps broadband | 100.0% (at Minnesota median) |
| Broadband · % of premises with 250/25 Mbps broadband | 100.0% (at Minnesota median) |
| Broadband · % of premises with 1 Gbps / 100 Mbps broadband | 7.3% (vs Minnesota 62.2%) |
| Broadband · Broadband-capable premises | 913 |
| Electricity · Electricity rate (¢/kWh) | 15.45¢/kWh |
| Electricity · Customers | 2581180 |
| Electricity · Revenue Millions | $3,409 |
| Electricity · Year | 2024 |
| Mobile Broadband · 3G mobile coverage | 0.000000000 |
| Mobile Broadband · 4G mobile coverage | 1.000000000 (at Minnesota median) |
| Mobile Broadband · 5G mobile coverage | 1.000000000 (at Minnesota median) |
| Mobile Home Parks Detail · County total | 1 |
Sources: FCC BDC Jun 2025 · EIA Annual Retail Sales 2023 · FCC BDC Mobile 2024 · HIFLD / IRS BMF · Refreshed 2026-04-12
Charging & Mobility
| Ev Charging · Stations | 1 |
|---|---|
| Ev Charging · Public Stations | 1 |
| Ev Charging · Dc Fast Ports | 8 |
Sources: DOE AFDC API
Other
| Homeownership Rate | 61.9% (vs Minnesota 69.7%) |
|---|---|
| Median Year Built | 2002 |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12