Waterville, MN rental market

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Last updated August 30, 2025

Rental market summary

The average rent for all bedrooms and all property types in Waterville, MN is $1,450.

Average rent

$1,450

Month-over-month change

$0

Year-over-year change

-$150

Available rentals

3

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $850 to $1,500.

Rent frequencies
Rent priceNumber of rental properties
$8001
$1,4002
$1,500+1

Average rent price over time

In the last year, rent has decreased by $150 compared to the previous year.

Average rent price over time
Last year (2024)This year (2025)
Jan$1,500$1,225
Feb$1,695$1,900
Sep$1,600$2,000
Oct$1,555$2,000
Nov$1,150$1,425
Dec$850$1,225

Market temperature

The Waterville, MN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

cool

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Waterville, MN is 31% lower than the national average.

Waterville, MNvs.

$1,450

$2,100

Rent in Waterville, MN

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Frequently asked questions

1. What is the average rent in Waterville, MN?

The average rent in Waterville, MN is $1,450.

2. How much does it cost to rent a house in Waterville, MN?

Houses in Waterville, MN rent between $850 - $1,500 with an average rent of $1,450.

3. How has the rent in Waterville, MN changed in the last year?

In the last year, the rent in Waterville, MN decreased by $150

4. How much has the rent in Waterville, MN increased/decreased in the last month?

In the last month, the rent in Waterville, MN did not change.

5. How many available rentals are there in Waterville, MN?

There are currently 3 rentals available in Waterville, MN.

6. How do rent prices in Waterville, MN compare with the national average?

The average rent in Waterville, MN is $1,450 — 30.95% lower the national average of $2,100.