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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
64%
36%
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-Occupied64.4%
Renter-Occupied35.6%
Homeownership Rate64.4%
Total Housing Units396
Median Year Built1975
Rent Burden30.8%