Most Affordable ZIP Codes in Grand Rapids, MN (2026)
The lowest entry prices that still hold a decent investability rating — cheap is only useful if the market underneath it is sound.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 55764 | Marble, MN | $136,181 | $1,134 | 6.50% | — |
| 2 | 56639 | Effie, MN | $186,606 | $1,035 | 4.33% | 5.0% |
| 3 | 55748 | Hill City, MN | $195,012 | $891 | 3.56% | 4.7% |
| 4 | 55769 | Nashwauk, MN | $197,603 | $927 | 3.66% | 5.2% |
| 5 | 56661 | Northome, MN | $198,790 | $900 | 3.53% | 4.1% |
| 6 | 55722 | Coleraine, MN | $210,087 | $873 | 3.24% | 4.2% |
| 7 | 56628 | Bigfork, MN | $253,055 | $1,161 | 3.58% | 4.7% |
| 8 | 56636 | Deer River, MN | $260,963 | $873 | 2.61% | 5.2% |
| 9 | 56657 | Marcell, MN | $285,313 | $1,044 | 2.85% | 4.4% |
| 10 | 55744 | Grand Rapids, MN | $286,679 | $1,225 | 3.33% | 5.4% |
| 11 | 55781 | Side Lake, MN | $352,158 | $1,467 | 3.25% | 7.4% |
| 12 | 55721 | Cohasset, MN | $355,016 | $873 | 1.92% | 5.6% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Cash Flow in Grand Rapids, MN · Appreciation in Grand Rapids, MN
Or see the full Grand Rapids, MN metro profile.