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Walters, MN

Full City Profile · Minnesota · Faribault County County

3.0 /5.0
B Good
82 Population 410/sq mi density
$35,781 Median Income $18,859 per capita
$52,500 Home Value $99,078 Zillow
46°F Avg Temperature 260 sunny days/yr
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.1 / 5.0
$35,781 median income, 14.3% unemployment
A+
Affordability
5.0 / 5.0
$52,500 home value, /mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
C
Education
2.3 / 5.0
16.7% bachelor's degree or higher

Housing Overview

Median Home Value
$52,500
81% below
US avg: $281,900
Homeownership Rate
81.1%
24% above US avg (65.4%)
Total Housing Units
42
Median year built: 1938

Home Value by Source

Census Median
$52,500
Zillow (ZHVI)
$99,078
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

81.1%
Owner-Occupied
18.9%
Renter-Occupied
81%
19%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo

Affordability & Housing Stock

Rent Burden
24.8%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
81.1%

Complete Housing Data

Home Values

Census Median Value$52,500
Zillow Home Value (ZHVI)$99,078

Rent

FMR Studio$809
FMR 1-Bedroom$899
FMR 2-Bedroom$1,125
FMR 3-Bedroom$1,483
FMR 4-Bedroom$1,698

Market

Ownership & Stock

Owner-Occupied81.1%
Renter-Occupied18.9%
Homeownership Rate81.1%
Total Housing Units42
Median Year Built1938
Rent Burden24.8%