Expensive
Affordable
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These days, finding an affordable place to live in the Watkins area can be challenging. Home prices in Watkins are now at a median cost of $284,138, lower than the Minnesota average of $345,793.
The average cost of rent is $840/mo in Watkins, primarily driven by the current value of real estate in the Watkins area. In Watkins, 14.50% of households rent, and 40.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Watkins is $7,603 per month. Households that rent pay about 11.05% of their income on rent here. Watkins’s most expensive areas are in the northwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eden Valley, MN: less expensive homes
- Kimball, MN: higher priced homes
- Kingston, MN: higher priced homes
- Cold Spring, MN: higher priced homes
- Richmond, MN: higher priced homes
- South Haven, MN: higher priced homes
- Roscoe, MN: equally priced homes
- Luxemburg, MN: higher priced homes
- Rockville, MN: higher priced homes
- Jacobs Prairie, MN: higher priced homes
Cities with Similar Populations
- Blue Mountain, MS: less expensive homes
- Butler, TN: less expensive homes
- Rio Medina, TX: higher priced homes
- Hopwood, PA: less expensive homes
- Lee, FL: less expensive homes
- Logan, IA: less expensive homes
- Manitou Beach, MI: less expensive homes
- Northville, NY: less expensive homes
- Pantego, TX: higher priced homes
- Random Lake, WI: equally priced homes
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