Fastest-Appreciating ZIP Codes in Grand Rapids, MN (2026)

Ranked by 5-year compound annual growth in home values. Fast growth and strong cash flow rarely appear in the same ZIP — this is the other side of that trade.

# ZIP City Home value Rent Cap rate 5-yr growth
1 55781 Side Lake, MN $352,158 $1,467 3.25% 7.4%
2 55721 Cohasset, MN $355,016 $873 1.92% 5.6%
3 55744 Grand Rapids, MN $286,679 $1,225 3.33% 5.4%
4 56636 Deer River, MN $260,963 $873 2.61% 5.2%
5 55769 Nashwauk, MN $197,603 $927 3.66% 5.2%
6 56639 Effie, MN $186,606 $1,035 4.33% 5.0%
7 56628 Bigfork, MN $253,055 $1,161 3.58% 4.7%
8 55748 Hill City, MN $195,012 $891 3.56% 4.7%
9 56657 Marcell, MN $285,313 $1,044 2.85% 4.4%
10 55722 Coleraine, MN $210,087 $873 3.24% 4.2%
11 56661 Northome, MN $198,790 $900 3.53% 4.1%

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 →