Real Estate Investing in Minneapolis, Kansas
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Should you buy in Minneapolis, KS? Our answer, based on the numbers below.
Solid choice — values are growing steadily and the market is stable enough to buy with confidence.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- Elevated vacancy: 8.2% vacancy may signal weakening demand.
What’s happening in Minneapolis, KS?
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Market Trends — Minneapolis, KS
Home Value History
Investing in Minneapolis Real Estate
Minneapolis, KS covers 1 ZIP codes and a population but the investment metrics here are underwhelming — this is not a market to enter casually.
A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Minneapolis is in that category.
Rents in Minneapolis at $801/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.
Minneapolis's population trends and income levels suggest a market where affordability is strained, which constrains how aggressively rents can rise without hurting collections.
Best ZIP codes in Salina, KS
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ZIP Codes in Minneapolis, KS
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View PlansFrequently Asked Questions About Minneapolis, KS
What is the tenant pool like in Minneapolis, KS?
The tenant pool in Minneapolis, KS is solid, supported by local employment and population fundamentals. Rents of $801/mo are well-absorbed by the market.
Is Minneapolis, KS a smart market for rental property?
The 3.0/5 investability rating in Minneapolis, KS reflects its $165K prices and $801/mo rents. Investors generally consider it a solid option within KS.
How expensive is real estate in Minneapolis, KS?
Median home price in Minneapolis, KS is near $165K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.
How landlord-friendly is Minneapolis, KS?
The landlord environment in Minneapolis, KS is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
What is the typical vacancy rate in Minneapolis, KS?
Minneapolis, KS vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
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