Fairmont, MN Metro Area - Investment Guide

Metro Area • 12 Cities • 12 ZIP Codes

Avg Home Value $228,235
Avg Monthly Rent $941
Avg Cap Rate 3.66%
Avg Investability 3.0 ★
Cities 12
ZIP Codes 12

This metro is one of hundreds you can screen side by side — filter by the numbers that matter and get alerts when they move. See plans →

🏦 30-yr Fixed Rate: 7.28% as of Oct 1 Source: Freddie Mac PMMS
☀️
WARM MARKET
Fairmont, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
5.6%
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 Fairmont, MN

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

Cash Flow → Appreciation → Affordable →

Cities in Fairmont, MN

Top ZIP Codes by Investability

ZIP Code City State Home Value Rent Cap Rate Rating
56027 Elmore MN $79,480 $945 9.27% 4.0 ★
56027 Elmore MN $75,204 $945 9.80% 4.0 ★
56027 Elmore MN $83,300 $945 8.85% 4.0 ★
56027 Elmore MN $83,210 $945 8.86% 4.0 ★
56027 Elmore MN $76,467 $945 9.64% 4.0 ★
56027 Elmore MN $82,457 $945 8.94% 4.0 ★
56027 Elmore MN $75,204 $945 9.80% 4.0 ★
56181 Welcome MN $216,499 $873 3.15% 3.0 ★
56031 Fairmont MN $191,870 $873 3.55% 3.0 ★
56121 Ceylon MN $171,436 $963 4.38% 3.0 ★
56039 Granada MN $325,644 $945 2.26% 3.0 ★
56127 Dunnell MN $359,125 $1,215 2.64% 3.0 ★
56088 Truman MN $200,697 $954 3.71% 3.0 ★
56098 Winnebago MN $167,271 $891 4.15% 3.0 ★
56171 Sherburn MN $243,473 $963 3.09% 3.0 ★
56013 Blue Earth MN $182,394 $900 3.85% 3.0 ★
56121 Ceylon MN $159,391 $963 4.71% 3.0 ★
56176 Trimont MN $221,082 $873 3.08% 3.0 ★
56181 Welcome MN $228,331 $873 2.98% 3.0 ★
56031 Fairmont MN $201,805 $873 3.37% 3.0 ★
56127 Dunnell MN $316,605 $1,215 2.99% 3.0 ★
56039 Granada MN $358,588 $945 2.06% 3.0 ★
56088 Truman MN $215,228 $954 3.46% 3.0 ★
56171 Sherburn MN $225,998 $963 3.32% 3.0 ★
56013 Blue Earth MN $174,250 $900 4.03% 3.0 ★
56098 Winnebago MN $178,609 $891 3.89% 3.0 ★
56176 Trimont MN $208,461 $873 3.27% 3.0 ★
56031 Fairmont MN $191,870 $873 3.55% 3.0 ★
56121 Ceylon MN $170,890 $963 4.40% 3.0 ★
56181 Welcome MN $209,367 $873 3.25% 3.0 ★
56039 Granada MN $325,644 $945 2.26% 3.0 ★
56127 Dunnell MN $356,655 $1,215 2.66% 3.0 ★
56088 Truman MN $200,697 $954 3.71% 3.0 ★
56098 Winnebago MN $167,271 $891 4.15% 3.0 ★
56171 Sherburn MN $241,792 $963 3.11% 3.0 ★
56013 Blue Earth MN $178,006 $900 3.94% 3.0 ★
56121 Ceylon MN $159,391 $963 4.71% 3.0 ★
56176 Trimont MN $222,482 $873 3.06% 3.0 ★
56181 Welcome MN $227,915 $873 2.99% 3.0 ★
56031 Fairmont MN $198,478 $873 3.43% 3.0 ★
56127 Dunnell MN $316,605 $1,215 2.99% 3.0 ★
56039 Granada MN $354,268 $945 2.08% 3.0 ★
56088 Truman MN $209,990 $954 3.54% 3.0 ★
56171 Sherburn MN $225,998 $963 3.32% 3.0 ★
56098 Winnebago MN $174,334 $891 3.99% 3.0 ★
56176 Trimont MN $208,461 $873 3.27% 3.0 ★
56013 Blue Earth MN $183,025 $900 3.84% 3.0 ★
56121 Ceylon MN $165,709 $963 4.53% 3.0 ★
56181 Welcome MN $209,367 $873 3.25% 3.0 ★
56031 Fairmont MN $202,194 $873 3.37% 3.0 ★
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

About Fairmont, MN Real Estate Market

The Fairmont, MN metropolitan statistical area (MSA) encompasses 12 cities and 12 ZIP codes. The average home value across the metro is $228,235, with an average monthly rent of $941. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.