Real Estate Investing in Coleraine, Minnesota

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

1 ZIP codes • Population: 1,037 • Itasca County

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

🏠 For Homebuyers
MIXED
Grade C (66/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 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
2 flags
  • Elevated vacancy: 11.1% vacancy may signal weakening demand.
  • Elevated poverty: 20.5% poverty rate — can affect rent collection.

What’s happening in Coleraine, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

4.2% 5yr CAGR

3.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.95% as of Sep 17 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $210,087
Avg Monthly Rent $873
ZIP Codes 1

Investing in Coleraine Real Estate

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

Coleraine is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. firmly out-of-state investors should be especially careful with the assumptions they carry in.

decisively Coleraine's sale market has not rewarded patience. a stretch for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Population dynamics in Coleraine haven't been supportive. a harder case for combined with subdued income growth, the demographic backdrop complicates any purely financial underwriting.

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 Grand Rapids, MN

Coleraine 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 Coleraine, MN. Anonymous, moderated, never written by AI.

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Avg Home Value
$210,087
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Grand Rapids, MN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
50%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Grand Rapids, MN metro
0
Days to pending
7.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Coleraine, MN

Screen every ZIP in Coleraine

Filter Coleraine’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 Coleraine, MN

What is the investability score for Coleraine, MN?

With a 3.0/5 investability score, Coleraine, MN ranks as a solid market for rental property investors. Median prices of $210K and rents of $873/mo drive the underlying numbers.

How strong are rents in Coleraine, MN?

Rent in Coleraine, MN is around $873/mo. The resulting rent-to-value relationship with $210K pricing is reasonable for most investor models.

How should investors approach Coleraine, MN?

A careful cash-flow rentals with hands-on management strategy Coleraine, MN best. The market produces even-keeled results for that approach at the $210K price point.

How quickly do rentals get leased in Coleraine, MN?

Vacancy in Coleraine, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $873/mo.

What kind of tenants rent in Coleraine, MN?

The renter base in Coleraine, MN is reasonable for the $873/mo price point. Screening well and pricing to market typically yields measured tenants.

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