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Waterville, MN Home Values and Rents

The typical home value in Waterville is $319,527, 213th highest of 363 cities and towns in Minnesota. Median rent is $884 a month.

Typical home value
$319,527
213th of 363 in MN
Median rent
$884/mo
ACS 2020-2024
Price change, 1 year
+1.5%
Sep 2026
Homeownership
76.3%
MN: 72.2%

Home sale prices in the Minneapolis-St. Paul-Bloomington, MN-WI area

Zillow median sale price, Sep 2026

$377,406+0.7% from a year earlier

Half of homes in the metro area sold for more and half for less. Zillow publishes sale prices for metro areas, not for single counties or cities.

Typical home value in Waterville

Zillow Home Value Index, all homes, middle tier

Show as a table
PeriodWaterville
Sep 2026$319,527
Dec 2025$315,617
Dec 2024$311,106
Dec 2023$292,858
Dec 2022$279,394
Dec 2021$251,692
Dec 2020$220,205
Dec 2019$197,717
Dec 2018$188,664
Dec 2017$177,565
Dec 2016$168,406
Dec 2015$157,778
Dec 2014$155,945
Dec 2013$151,131
Dec 2012$144,390

Over five years, Waterville prices changed +27.3%.

Source: Zillow Research · Last updated 09/01/2026

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Fair Market Rents, FY2027

HUD rent standard for Le Sueur County, MN HUD Metro FMR Area

MN rents
Unit sizeMonthly rentvs FY2026
Studio$801-1.8%
1 bedroom$839+2.1%
2 bedrooms$1,098+1.9%
3 bedrooms$1,520+1.4%
4 bedrooms$1,708-2.3%

Frequently asked questions

What is the typical home value in Waterville, MN?
The typical home value in Waterville is $319,527 (Zillow Home Value Index, Sep 2026). The Minnesota median is $329,300.
How much is rent in Waterville?
The median rent in Waterville is $884 a month, including utilities paid by the renter. HUD's FY2027 Fair Market Rent for a two-bedroom unit is $1,098.
Are home prices going up in Waterville?
The typical home value in Waterville changed +1.5% over one year and +27.3% over five years, as of Sep 2026.
How does Waterville compare with the rest of Minnesota?
Waterville has the 213th highest median home value of 363 cities and towns with 1,000+ residents in Minnesota.