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Housing in Watopa

A typical Watopa home is worth roughly $388,000

Typical home value
$388K
MN $351K
Estimate
2-bedroom rent
$1,070
a month, utilities in · HUD
Median tax bill
$2,881
MN $3,357
Affordability

What it takes to buy in Watopa

Try your own numbers below.

You could afford about
$341,000
Typical Watopa home $388K

That’s $47K short of a typical Watopa home.

The typical home, each month
$2,370
Loan $1,920Tax $330Insurance $110

A two-bedroom rents for about $1,070 a month here, $1,300 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Minnesota typical property tax (1.02% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,070

Fair Market Rent a month, utilities included

Studio$910
1 bedroom$960
2 bedrooms$1,070
3 bedrooms$1,410
4 bedrooms$1,750
13%
of households rent · MN 28%
5
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Wabasha County, MN HUD Metro FMR Area): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

87% of Watopa households own their home

Half of Watopa’s homes were built before 1984.

Owners and renters
Own 87%Rent 13%

Minnesota: 72% own.

1984
typical home built · MN 1979
$2,881
median property tax bill · MN $3,357

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Watopa vs. its neighbors

The towns that share a border with Watopa. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Watopa$388K*—$1,070$92,250
Greenfield$262K*—$1,020$91,094

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Watopa buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Watopa still affordable for young families?

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Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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