Alexandria, MN Metro Area - Investment Guide
Metro Area • 9 Cities • 10 ZIP Codes
Avg Home Value
$329,965
Avg Monthly Rent
$963
Avg Cap Rate
2.31%
Avg Investability
3.0 ★
Cities
9
ZIP Codes
10
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Market Trends
Metro Home Value History
🏦 30-yr Fixed Rate:
7.28%
as of Oct 1
Source: Freddie Mac PMMS
☀️
WARM MARKET
Alexandria, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.8%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅
Market conditions data as of September 19, 2026 — updated weekly
Best ZIP codes in Alexandria, MN
Every ZIP in the metro, ranked four ways. Free.
Cities in Alexandria, MN
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 56327 | Farwell | MN | $373,016 | $936 | 1.96% | |
| 56349 | Lowry | MN | $336,119 | $1,017 | 2.36% | |
| 56354 | Miltona | MN | $368,699 | $873 | 1.85% | |
| 56332 | Garfield | MN | $357,583 | $963 | 2.10% | |
| 56339 | Barrett | MN | $236,090 | $873 | 2.88% | |
| 56360 | Osakis | MN | $293,099 | $936 | 2.49% | |
| 56308 | Alexandria | MN | $368,187 | $1,261 | 2.67% | |
| 56319 | Carlos | MN | $322,035 | $900 | 2.18% | |
| 56343 | Kensington | MN | $266,250 | $882 | 2.58% | |
| 56326 | Evansville | MN | $276,876 | $873 | 2.46% | |
| 56349 | Lowry | MN | $312,884 | $1,017 | 2.54% | |
| 56354 | Miltona | MN | $343,663 | $873 | 1.98% | |
| 56327 | Farwell | MN | $399,629 | $936 | 1.83% | |
| 56332 | Garfield | MN | $379,125 | $963 | 1.98% | |
| 56360 | Osakis | MN | $269,325 | $936 | 2.71% | |
| 56308 | Alexandria | MN | $350,548 | $900 | 2.00% | |
| 56319 | Carlos | MN | $306,574 | $900 | 2.29% | |
| 56339 | Barrett | MN | $250,761 | $873 | 2.72% | |
| 56326 | Evansville | MN | $258,432 | $873 | 2.63% | |
| 56343 | Kensington | MN | $284,885 | $882 | 2.41% | |
| 56327 | Farwell | MN | $372,616 | $936 | 1.96% | |
| 56349 | Lowry | MN | $334,369 | $1,017 | 2.37% | |
| 56354 | Miltona | MN | $362,909 | $873 | 1.88% | |
| 56332 | Garfield | MN | $361,997 | $963 | 2.07% | |
| 56339 | Barrett | MN | $225,830 | $873 | 3.02% | |
| 56360 | Osakis | MN | $290,385 | $936 | 2.51% | |
| 56308 | Alexandria | MN | $363,421 | $1,291 | 2.77% | |
| 56319 | Carlos | MN | $321,853 | $900 | 2.18% | |
| 56343 | Kensington | MN | $260,309 | $882 | 2.64% | |
| 56326 | Evansville | MN | $272,599 | $873 | 2.50% | |
| 56349 | Lowry | MN | $310,874 | $1,017 | 2.55% | |
| 56354 | Miltona | MN | $345,104 | $873 | 1.97% | |
| 56327 | Farwell | MN | $387,348 | $936 | 1.88% | |
| 56332 | Garfield | MN | $372,981 | $963 | 2.01% | |
| 56360 | Osakis | MN | $274,255 | $936 | 2.66% | |
| 56308 | Alexandria | MN | $350,548 | $900 | 2.00% | |
| 56339 | Barrett | MN | $245,108 | $873 | 2.78% | |
| 56319 | Carlos | MN | $306,574 | $900 | 2.29% | |
| 56326 | Evansville | MN | $258,432 | $873 | 2.63% | |
| 56343 | Kensington | MN | $278,576 | $882 | 2.47% | |
| 56327 | Farwell | MN | $372,616 | $936 | 1.96% | |
| 56349 | Lowry | MN | $328,237 | $1,017 | 2.42% | |
| 56354 | Miltona | MN | $357,742 | $873 | 1.90% | |
| 56332 | Garfield | MN | $361,997 | $963 | 2.07% | |
| 56339 | Barrett | MN | $225,830 | $873 | 3.02% | |
| 56360 | Osakis | MN | $285,240 | $936 | 2.56% | |
| 56308 | Alexandria | MN | $360,787 | $1,248 | 2.70% | |
| 56319 | Carlos | MN | $313,101 | $900 | 2.24% | |
| 56343 | Kensington | MN | $260,309 | $882 | 2.64% | |
| 56326 | Evansville | MN | $269,394 | $873 | 2.53% |
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About Alexandria, MN Real Estate Market
The Alexandria, MN metropolitan statistical area (MSA) encompasses 9 cities and 10 ZIP codes. The average home value across the metro is $329,965, with an average monthly rent of $963. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.