Walters is a city in Faribault County, Minnesota, United States.

[4] A post office called Walters was established in 1901, and remained in operation until it was discontinued in 1996.

[6] According to the United States Census Bureau, the city has a total area of 0.20 square miles (0.52 km2), all land.

25.8% of all households were made up of individuals, and 12.9% had someone living alone who was 65 years of age or older.

The racial makeup of the city was 96.59% White, 1.14% Native American, and 2.27% from two or more races.

There were 17.4% of families and 22.9% of the population living below the poverty line, including 50.0% of under eighteens and none of those over 64.