Fergus Falls, MN Metro Area - Investment Guide
Metro Area • 22 Cities • 22 ZIP Codes
Avg Home Value
$323,595
Avg Monthly Rent
$954
Avg Cap Rate
2.42%
Avg Investability
3.0 ★
Cities
22
ZIP Codes
22
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Market Trends
Metro Home Value History
Metro Rent History
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
☀️
WARM MARKET
Fergus Falls, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
7.2%
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 Fergus Falls, MN
Every ZIP in the metro, ranked four ways. Free.
Cities in Fergus Falls, MN
Ashby
Minnesota
1 ZIPs
Battle Lake
Minnesota
1 ZIPs
Bertha
Minnesota
1 ZIPs
Clitherall
Minnesota
1 ZIPs
Dalton
Minnesota
1 ZIPs
Deer Creek
Minnesota
1 ZIPs
Dent
Minnesota
1 ZIPs
Eagle Bend
Minnesota
1 ZIPs
Elizabeth
Minnesota
1 ZIPs
Erhard
Minnesota
1 ZIPs
Fergus Falls
Minnesota
1 ZIPs
Henning
Minnesota
1 ZIPs
Hewitt
Minnesota
1 ZIPs
New York Mills
Minnesota
1 ZIPs
Ottertail
Minnesota
1 ZIPs
Pelican Rapids
Minnesota
1 ZIPs
Perham
Minnesota
1 ZIPs
Richville
Minnesota
1 ZIPs
Sebeka
Minnesota
1 ZIPs
Underwood
Minnesota
1 ZIPs
Vergas
Minnesota
1 ZIPs
Wadena
Minnesota
1 ZIPs
Top ZIP Codes by Investability
| ZIP Code | City | State | Home Value | Rent | Cap Rate | Rating |
|---|---|---|---|---|---|---|
| 56527 | Deer Creek | MN | $237,546 | $891 | 2.93% | |
| 56309 | Ashby | MN | $300,145 | $918 | 2.39% | |
| 56537 | Fergus Falls | MN | $250,983 | $914 | 2.84% | |
| 56453 | Hewitt | MN | $239,312 | $927 | 3.02% | |
| 56573 | Perham | MN | $359,874 | $873 | 1.89% | |
| 56477 | Sebeka | MN | $255,916 | $981 | 2.99% | |
| 56576 | Richville | MN | $401,240 | $963 | 1.87% | |
| 56528 | Dent | MN | $375,971 | $1,269 | 2.63% | |
| 56324 | Dalton | MN | $304,186 | $873 | 2.24% | |
| 56551 | Henning | MN | $280,357 | $873 | 2.43% | |
| 56437 | Bertha | MN | $207,856 | $873 | 3.28% | |
| 56567 | New York Mills | MN | $283,756 | $873 | 2.40% | |
| 56482 | Wadena | MN | $218,302 | $882 | 3.15% | |
| 56586 | Underwood | MN | $332,290 | $1,035 | 2.43% | |
| 56534 | Erhard | MN | $306,267 | $1,080 | 2.75% | |
| 56446 | Eagle Bend | MN | $230,180 | $873 | 2.96% | |
| 56571 | Ottertail | MN | $377,874 | $1,035 | 2.14% | |
| 56515 | Battle Lake | MN | $439,352 | $963 | 1.71% | |
| 56587 | Vergas | MN | $380,517 | $873 | 1.79% | |
| 56524 | Clitherall | MN | $428,788 | $990 | 1.80% | |
| 56537 | Fergus Falls | MN | $232,908 | $897 | 3.00% | |
| 56453 | Hewitt | MN | $219,963 | $927 | 3.29% | |
| 56572 | Pelican Rapids | MN | $406,965 | $882 | 1.69% | |
| 56477 | Sebeka | MN | $238,085 | $981 | 3.21% | |
| 56573 | Perham | MN | $370,762 | $873 | 1.84% | |
| 56527 | Deer Creek | MN | $261,759 | $891 | 2.66% | |
| 56309 | Ashby | MN | $321,444 | $918 | 2.23% | |
| 56551 | Henning | MN | $260,895 | $873 | 2.61% | |
| 56567 | New York Mills | MN | $262,668 | $873 | 2.59% | |
| 56482 | Wadena | MN | $206,954 | $882 | 3.32% | |
| 56576 | Richville | MN | $423,068 | $963 | 1.78% | |
| 56528 | Dent | MN | $409,146 | $1,269 | 2.42% | |
| 56324 | Dalton | MN | $326,380 | $873 | 2.09% | |
| 56437 | Bertha | MN | $225,221 | $873 | 3.02% | |
| 56571 | Ottertail | MN | $347,553 | $1,035 | 2.32% | |
| 56515 | Battle Lake | MN | $412,571 | $963 | 1.82% | |
| 56586 | Underwood | MN | $349,991 | $1,035 | 2.31% | |
| 56534 | Erhard | MN | $333,469 | $1,080 | 2.53% | |
| 56446 | Eagle Bend | MN | $242,103 | $873 | 2.81% | |
| 56572 | Pelican Rapids | MN | $375,494 | $882 | 1.83% | |
| 56524 | Clitherall | MN | $399,537 | $990 | 1.93% | |
| 56587 | Vergas | MN | $402,345 | $873 | 1.69% | |
| 56527 | Deer Creek | MN | $242,391 | $891 | 2.87% | |
| 56309 | Ashby | MN | $300,145 | $918 | 2.39% | |
| 56537 | Fergus Falls | MN | $252,010 | $914 | 2.83% | |
| 56453 | Hewitt | MN | $231,644 | $927 | 3.12% | |
| 56573 | Perham | MN | $347,310 | $873 | 1.96% | |
| 56477 | Sebeka | MN | $253,856 | $981 | 3.01% | |
| 56576 | Richville | MN | $396,922 | $963 | 1.89% | |
| 56528 | Dent | MN | $376,683 | $1,269 | 2.63% |
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About Fergus Falls, MN Real Estate Market
The Fergus Falls, MN metropolitan statistical area (MSA) encompasses 22 cities and 22 ZIP codes. The average home value across the metro is $323,595, with an average monthly rent of $954. Explore individual cities and ZIP codes to find investment opportunities that match your criteria.