Home prices
The median home in Waterville costs $133,300. It is approximately $7,720 (5%) lower compared to the surrounding areas.It is about $84,200 (38%) lower compared to the entire country, and in comparison to the city of Minneapolis is roughly $118,300 (47%) lower.
Rents
The median rent in Waterville is $732 a month. It is roughly $75 (9%) lower compared to the surrounding areas.It is approximately $330 (31%) lower compared to the entire country, and compared to the city of Minneapolis it is about $295 (28%) lower.
Nearby places
Elysian
Elysian is approximately 4 miles west of Waterville. The real estate prices there are significantly more expensive. The median home in Elysian is valued at $204,500, which comes out to $71,200 (34%) higher than Waterville. Rent there is similar. In Elysian the median rent is $725 a month, which is very similar to Waterville.
Morristown
Morristown is approximately 5 miles east of Waterville. The housing prices there are pretty similar. Morristown's median home price is $132,500, which is very similar to Waterville. Its rents are a bit more expensive. Morristown's median monthly rent is $975, which works out to $243 (24%) higher than Waterville.
Kilkenny
Kilkenny is approximately 5 miles north of Waterville. Its housing prices are substantially less expensive. Kilkenny's median home cost is $100,000, which is $33,300 (33%) lower than Waterville. Its rents are a little more expensive. The median rent in Kilkenny is $920 a month, which works out to $188 (20%) higher than Waterville.
Janesville
Janesville is about 8 miles southwest of Waterville. Real estate prices there are a bit more expensive. The value of the median home in Janesville is $140,800, which is $7,500 (5%) higher than Waterville. Rent there is pretty similar. In Janesville the median rent is $763 per month, which is $31 (4%) higher than Waterville.
Waseca
Waseca is approximately 9 miles south from Waterville. Its housing prices are fairly similar. The median home in Waseca is valued at $127,300, which works out to $6,000 (4%) lower than Waterville. Rents there are a little less expensive. Waseca's median monthly rent is $654, which is $78 (11%) lower than Waterville.