Real Estate Investing in Alexandria, Minnesota

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 26,695 • Douglas County

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Should you buy in Alexandria, MN? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (52/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 17.7% of homes vacant — above national norms.

What’s happening in Alexandria, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.6% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $370,563
Avg Monthly Rent $1,378
ZIP Codes 1

Investing in Alexandria Real Estate

This is a distressed-leaning corner of Minnesota: Alexandria has 1 ZIPs and a sizable population, and the investment math only works for investors who truly understand the market.

unambiguously Alexandria's aggregate rating of ★★★☆☆ reflects thin investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Transaction volume in Alexandria has thinned in a way that amplifies price discovery risk. Stepping back, investors without local context should treat every number on the page with skepticism.

A an established population with $N/AK household income profile is what makes Alexandria a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Alexandria, MN

Alexandria is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Alexandria, MN. Anonymous, moderated, never written by AI.

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Avg Home Value
$370,563
Avg Monthly Rent
$1,378
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Alexandria, MN metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Alexandria, MN metro
0
Days to pending
9.2%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

🎓 Colleges & Universities in Alexandria

1 College 3,038 Students 2,415 Off-Campus Renters
C
Alexandria Technical & Community College
2-Year Public · 3,038 students
📍 ~2,415 students rent off-campus

Investor Insight: With 2,415 students living off-campus, Alexandria has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in Alexandria, MN

Screen every ZIP in Alexandria

Filter Alexandria’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Alexandria, MN

Do landlords face vacancy issues in Alexandria, MN?

Expect elevated vacancy in Alexandria, MN. Rents at $1,378/mo are absorbed by the tenant base without meaningful lag.

Is Alexandria, MN landlord-friendly?

MN ranks as a balanced state for landlord-tenant law. Alexandria generally follows the statewide framework, so landlords face reasonable operating rules.

What is the typical home price in Alexandria, MN?

In Alexandria, MN the median home value sits at $371K. Against the broader MN market, that reads as reasonable for most investors.

How viable is house hacking in Alexandria, MN?

The house hack math a challenging in Alexandria, MN. Owner-occupant buyers benefit from the $1,378/mo rents and $371K home values.

What is the tenant pool like in Alexandria, MN?

The tenant pool in Alexandria, MN is solid, supported by local employment and population fundamentals. Rents of $1,378/mo are well-absorbed by the market.

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