Real Estate Investing in Waterville, Minnesota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 2,874 • Le Sueur County

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Should you buy in Waterville, MN? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (56/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 21.5% of homes vacant — above national norms.

What’s happening in Waterville, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.9% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $329,615
Avg Monthly Rent $954
ZIP Codes 1

Investing in Waterville Real Estate

Waterville in Minnesota is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Waterville is in that category.

Transaction volume in Waterville has thinned in a way that amplifies price discovery risk. From a cash-flow lens, investors without local context should treat every number on the page with skepticism.

Demographics in Waterville show real pressure — median income of $N/AK is sluggish relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Minneapolis-St. Paul-Bloomington, MN-WI

Waterville is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$329,615
Avg Monthly Rent
$954
1% Rule
✗ Below
Landlord Friendly (MN)

ZIP Codes in Waterville, MN

Screen every ZIP in Waterville

Filter Waterville’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Waterville, MN

How quickly do rentals get leased in Waterville, MN?

Vacancy risk in Waterville, MN is elevated. That supports measured cash flow for typical rental holds.

What is the average monthly rent in Waterville, MN?

Rent in Waterville, MN is around $954/mo. The resulting rent-to-value relationship with $330K pricing is reasonable for most investor models.

What is the best play in Waterville, MN?

Waterville, MN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($330K prices, $954/mo rents) make it a reasonable choice.

Is Waterville, MN suited for a house hack?

For house hackers, Waterville, MN is a challenging. The $954/mo rent on a unit helps defray the mortgage on a $330K property.

Is Waterville, MN a good market for buy-and-hold investors?

Our data puts Waterville, MN at 3.0/5 for investability. Home prices of $330K and rents around $954/mo create a solid backdrop for investor activity.

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