Bemidji, MN Metro Area - Investment Guide

Metro Area • 7 Cities • 7 ZIP Codes

Avg Home Value $230,999
Avg Monthly Rent $1,053
Avg Cap Rate 3.61%
Avg Investability 2.9 ★
Cities 7
ZIP Codes 7

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🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
☀️
WARM MARKET
Bemidji, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
8.3%
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 August 29, 2026 — updated weekly

Best ZIP codes in Bemidji, MN

Every ZIP in the metro, ranked four ways. Free.

Cash Flow → Appreciation → Affordable →

Cities in Bemidji, MN

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
56683 Tenstrike MN $266,711 $1,197 3.50% 3.0 ★
56601 Bemidji MN $292,668 $1,357 3.62% 3.0 ★
56650 Kelliher MN $193,090 $891 3.60% 3.0 ★
56727 Grygla MN $194,950 $891 3.56% 3.0 ★
56667 Puposky MN $245,278 $1,062 3.38% 3.0 ★
56676 Shevlin MN $256,289 $1,080 3.29% 3.0 ★
56601 Bemidji MN $274,193 $1,419 4.04% 3.0 ★
56683 Tenstrike MN $276,119 $1,197 3.38% 3.0 ★
56650 Kelliher MN $181,276 $891 3.83% 3.0 ★
56667 Puposky MN $227,901 $1,062 3.63% 3.0 ★
56727 Grygla MN $197,707 $891 3.52% 3.0 ★
56676 Shevlin MN $236,818 $1,080 3.56% 3.0 ★
56683 Tenstrike MN $256,788 $1,197 3.64% 3.0 ★
56601 Bemidji MN $291,247 $1,361 3.64% 3.0 ★
56650 Kelliher MN $192,912 $891 3.60% 3.0 ★
56727 Grygla MN $186,245 $891 3.73% 3.0 ★
56667 Puposky MN $242,057 $1,062 3.42% 3.0 ★
56676 Shevlin MN $246,772 $1,080 3.41% 3.0 ★
56601 Bemidji MN $275,613 $1,187 3.36% 3.0 ★
56683 Tenstrike MN $277,598 $1,197 3.36% 3.0 ★
56650 Kelliher MN $180,087 $891 3.86% 3.0 ★
56667 Puposky MN $218,140 $1,062 3.80% 3.0 ★
56727 Grygla MN $197,090 $891 3.53% 3.0 ★
56676 Shevlin MN $229,945 $1,080 3.66% 3.0 ★
56683 Tenstrike MN $251,502 $1,197 3.71% 3.0 ★
56601 Bemidji MN $285,728 $1,457 3.98% 3.0 ★
56650 Kelliher MN $193,920 $891 3.58% 3.0 ★
56727 Grygla MN $172,279 $891 4.03% 3.0 ★
56667 Puposky MN $242,954 $1,062 3.41% 3.0 ★
56676 Shevlin MN $249,335 $1,080 3.38% 3.0 ★
56683 Tenstrike MN $272,141 $1,197 3.43% 3.0 ★
56601 Bemidji MN $275,613 $1,187 3.36% 3.0 ★
56650 Kelliher MN $180,087 $891 3.86% 3.0 ★
56667 Puposky MN $218,140 $1,062 3.80% 3.0 ★
56727 Grygla MN $198,177 $891 3.51% 3.0 ★
56676 Shevlin MN $229,945 $1,080 3.66% 3.0 ★
56683 Tenstrike MN $251,502 $1,197 3.71% 3.0 ★
56601 Bemidji MN $282,154 $1,451 4.01% 3.0 ★
56650 Kelliher MN $190,578 $891 3.65% 3.0 ★
56727 Grygla MN $172,279 $891 4.03% 3.0 ★
56667 Puposky MN $238,497 $1,062 3.47% 3.0 ★
56676 Shevlin MN $244,624 $1,080 3.44% 3.0 ★
56685 Waskish MN $148,138 $891 4.69% 2.0 ★
56685 Waskish MN $155,845 $891 4.46% 2.0 ★
56685 Waskish MN $144,235 $891 4.82% 2.0 ★
56685 Waskish MN $153,918 $891 4.52% 2.0 ★
56685 Waskish MN $137,700 $891 5.05% 2.0 ★
56685 Waskish MN $152,332 $891 4.56% 2.0 ★
56685 Waskish MN $137,700 $891 5.05% 2.0 ★
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About Bemidji, MN Real Estate Market

The Bemidji, MN metropolitan statistical area (MSA) encompasses 7 cities and 7 ZIP codes. The average home value across the metro is $230,999, with an average monthly rent of $1,053. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.