Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Waterville area can be challenging. Home prices in Waterville are now at a median cost of $215,925, lower than the Minnesota average of $269,934.
The average cost of rent is $796/mo in Waterville, primarily driven by the current value of real estate in the Waterville area. While nearly 34.31% of residents own their homes outright in Waterville, 16.07% rent.
Housing affordability isn’t just about home prices, though. The average household income in Waterville is $7,010 per month. Households that rent pay about 11.35% of their income on rent here. Waterville's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Elysian, MN: higher priced homes
- Morristown, MN: equally priced homes
- Kilkenny, MN: higher priced homes
- Janesville, MN: equally priced homes
- Warsaw, MN: higher priced homes
- Waseca, MN: less expensive homes
- Smiths Mill, MN: higher priced homes
- Madison Lake, MN: higher priced homes
- Shieldsville, MN: higher priced homes
- Marysburg, MN: higher priced homes
Cities with Similar Populations
- Babson Park, FL: less expensive homes
- Whitesburg, TN: less expensive homes
- Whitehall, MT: higher priced homes
- Trenton, NC: less expensive homes
- Thompson Falls, MT: equally priced homes
- Thomaston, NY: higher priced homes
- Stockton, IL: less expensive homes
- Steep Falls, ME: equally priced homes
- South Nyack, NY: higher priced homes
- Sebree, KY: less expensive homes
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