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Waseca, MN
Full City Profile · Minnesota · Waseca County County
3.1
/5.0
B
Good
9,209
Population
2,142/sq mi density
$61,546
Median Income
$33,547 per capita
$185,600
Home Value
$241,652 Zillow
$796
Median Rent
28.2% income on rent
45°F
Avg Temperature
270 sunny days/yr
170
Violent Crime/100K
1,798 property/100K
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$61,546 median income, 3.5% unemployment
A+
Affordability
5.0 / 5.0
$185,600 home value, $796/mo rent
F
Safety
1.0 / 5.0
170 violent crimes/100K
C
Education
2.3 / 5.0
16.4% bachelor's degree or higher
Housing Overview
Median Home Value
$185,600
34% below
US avg: $281,900
Median Rent
$796/mo
32% below
US avg: $1,163/mo
Homeownership Rate
70.0%
7% above US avg (65.4%)
Total Housing Units
3,739
Median year built: 1964
Home Value by Source
Census Median
$185,600
Zillow (ZHVI)
$241,652
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
70.0%
Owner-Occupied
30.0%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$677/mo
1 Bedroom
$742/mo
2 Bedroom
$973/mo
3 Bedroom
$1,353/mo
4 Bedroom
$1,495/mo
Census median rent:
$796/mo
Affordability & Housing Stock
Rent Burden
28.2%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
70.0%
Complete Housing Data
Home Values
| Census Median Value | $185,600 |
| Zillow Home Value (ZHVI) | $241,652 |
Rent
| Census Median Rent | $796 |
| FMR Studio | $677 |
| FMR 1-Bedroom | $742 |
| FMR 2-Bedroom | $973 |
| FMR 3-Bedroom | $1,353 |
| FMR 4-Bedroom | $1,495 |
Market
Ownership & Stock
| Owner-Occupied | 70.0% |
| Renter-Occupied | 30.0% |
| Homeownership Rate | 70.0% |
| Total Housing Units | 3,739 |
| Median Year Built | 1964 |
| Rent Burden | 28.2% |