Watkins, MN
Full City Profile · Minnesota · Meeker County County
3.5
/5.0
B+
Good
797
Population
1,155/sq mi density
$50,875
Median Income
$27,967 per capita
$136,800
Home Value
$304,551 Zillow
$760
Median Rent
30.8% income on rent
43°F
Avg Temperature
270 sunny days/yr
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$50,875 median income, 3.0% unemployment
A+
Affordability
5.0 / 5.0
$136,800 home value, $760/mo rent
D
Education
1.5 / 5.0
6.7% bachelor's degree or higher
Housing Overview
Median Home Value
$136,800
51% below
US avg: $281,900
Median Rent
$760/mo
35% below
US avg: $1,163/mo
Homeownership Rate
64.4%
2% below US avg (65.4%)
Total Housing Units
396
Median year built: 1975
Home Value by Source
Census Median
$136,800
Zillow (ZHVI)
$304,551
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
64.4%
Owner-Occupied
35.6%
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:
$760/mo
Affordability & Housing Stock
Rent Burden
30.8%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1975
Average age of housing stock: 51 years
Homeownership Rate
64.4%
Complete Housing Data
Home Values
| Census Median Value | $136,800 |
| Zillow Home Value (ZHVI) | $304,551 |
Rent
| Census Median Rent | $760 |
| 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 | 64.4% |
| Renter-Occupied | 35.6% |
| Homeownership Rate | 64.4% |
| Total Housing Units | 396 |
| Median Year Built | 1975 |
| Rent Burden | 30.8% |
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