Waterville, MN Real Estate

According to census data in the year 2000 there were 868 housing units in Waterville. This represents a 6.2% growth from 817 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 868 were located in what is classified as a rural area.

Homeownership rate in Waterville is about 76.9%. Waterville's vacancy rate, including seasonal lodging, is about 13.8%. Average household size is 2.35 people.

The majority of houses, apartments or condos in Waterville were built after 1952.


Housing Size

Housing Units by Size
Studio Type0.90%
One Bedroom17.10%
Two Bedrooms32.30%
Three Bedrooms32.70%
Four Bedrooms15.40%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1950
Median Value of occupied units$83,700
Median Price asked for vacant units$60,000

Rented Homes, Apartments and Condos

Average Household Size1.94
Median year structure was built1961
Median Monthly Rent asked for vacant units$338

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage5.50%
Home Equity Loan8.80%
Simple Mortgage49.20%
Debt Free36.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16.7%