Watertown, MN
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Watertown short-term rental market based on reliable data.
Listings
12 / 25
Reliable / Active
Cap Rate
8%
Middle-Earners Gross Yield
Revenue
$27,574
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$364,701
Median Home Sale Price
Top Earners
$96,962
Top-Earners Revenue
Watertown
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Watertown.
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Generally Investor friendly
Watertown Regulations
STRs appear permitted citywide with no explicit cap, but investors must obtain a general business license, a $75 zoning permit, and pass rental housing and fire inspections, creating moderate permitting costs and some regulatory uncertainty.
Local STR Agent
STR specialist · Watertown, MN
About Watertown
Watertown is a small city in Carver County, Minnesota, United States, along the South Fork of the Crow River, on the outskirts of the Twin Cities metro area. The population was 4,659 at the 2020 census.