Waterville, MN
Full City Profile · Minnesota · Le Sueur County County
3.0
/5.0
B
Good
1,778
Population
1,052/sq mi density
$67,721
Median Income
$34,940 per capita
$216,700
Home Value
$310,019 Zillow
$835
Median Rent
40.3% income on rent
45°F
Avg Temperature
270 sunny days/yr
107
Violent Crime/100K
587 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$67,721 median income, 3.9% unemployment
A+
Affordability
4.9 / 5.0
$216,700 home value, $835/mo rent
F
Safety
1.0 / 5.0
107 violent crimes/100K
C
Education
2.4 / 5.0
17.1% bachelor's degree or higher
Housing Overview
Median Home Value
$216,700
23% below
US avg: $281,900
Median Rent
$835/mo
28% below
US avg: $1,163/mo
Homeownership Rate
76.7%
17% above US avg (65.4%)
Total Housing Units
1,022
Median year built: 1967
Home Value by Source
Census Median
$216,700
Zillow (ZHVI)
$310,019
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.7%
Owner-Occupied
23.3%
Renter-Occupied
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
Census median rent:
$835/mo
Affordability & Housing Stock
Rent Burden
40.3%
of renters spending 30%+ of income on housing
30% above US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
76.7%
Complete Housing Data
Home Values
| Census Median Value | $216,700 |
| Zillow Home Value (ZHVI) | $310,019 |
Rent
| Census Median Rent | $835 |
| 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-Occupied | 76.7% |
| Renter-Occupied | 23.3% |
| Homeownership Rate | 76.7% |
| Total Housing Units | 1,022 |
| Median Year Built | 1967 |
| Rent Burden | 40.3% |
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