Performance indicators for the Watertown short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Watertown.
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Generally Investor friendly
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
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.