Real Estate Investing in Coon Rapids, Minnesota
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in Coon Rapids, MN? Our answer, based on the numbers below.
For Homebuyers
GOOD FIT
Grade B (73/100)
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
For Investors
MIXED
3.0 / 5
(52/100)
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
Risks to Know
CLEAN
No major risk flags on the data we track.
What’s happening in Coon Rapids, MN?
Click any question — our AI will research it live from the web and show you sources.
🏦 30-yr Fixed Rate:
6.76%
as of Sep 10
Source: Freddie Mac PMMS
Avg Investability
★★★★★
Avg Home Value
$337,116
Avg Monthly Rent
$1,770
ZIP Codes
2
Market Trends — Coon Rapids, MN
Home Value History
Rent History
Local Pulse Report
AI-researched developments and news for Coon Rapids, MN. Updated on demand as visitors ask.
Growth & development in Coon Rapids, MN Updated 138 days ago
Coon Rapids is experiencing significant development with new businesses, housing, and major infrastructure upgrades, alongside some business closures.
Opportunities
- Green Bay Packaging is undergoing a multi-phase expansion of over 100,000 square feet, expected to add 20 jobs by January 2026. — This expands local employment opportunities and strengthens the manufacturing sector. MinneapoliMedia
- An ALDI grocery store and a Home2 Suites by Hilton hotel have opened or are under construction in Anoka County as of January 2026. — These additions provide more retail and hospitality choices for residents. MinneapoliMedia
- The Coon Rapids City Council approved a 20,000-square-foot expansion for RMS Company, projected to create 75 jobs by April 2026. — This significantly boosts local employment and reinforces the city's manufacturing base. MinneapoliMedia
- Construction is underway for a 172,000 square foot climate-controlled U-Haul facility, expected to be completed by mid-2026. — This provides new services and storage options for residents and businesses. MinneapoliMedia
- The Coon Rapids Recycling Center is undergoing an expansion, including a new building for covered storage and a reuse center. — This improves waste management infrastructure and promotes recycling and reuse. Coon Rapids Official Website
Concerns
- Walmart Store 1562 at 13020 Riverdale Dr. NW closed on August 29, 2025, impacting 176 associates. — This resulted in job losses and reduced retail options for the community. MN.gov
Bottom line: Coon Rapids is experiencing robust growth in manufacturing, retail, and housing, with ongoing infrastructure improvements to support the expanding community.
Sources & references
Local news & events in Coon Rapids, MN Updated 138 days ago
Coon Rapids has seen significant efforts in environmental protection and community engagement, alongside ongoing concerns about crime and public safety.
Opportunities
- The City of Coon Rapids is observing Earth Month in April 2026 with weekly sustainability initiatives, including an Adopt-a-Drain program to improve water quality. — This expands opportunities for residents to voluntarily participate in environmental stewardship and improve local water quality. MinneapoliMedia
- Coon Rapids launched a multi-year Enhanced Street Sweeping Program in 2025, supported by state funding, to reduce stormwater pollution. — This initiative helps protect local waterways and public health by reducing pollutants entering the Mississippi River watershed. MinneapoliMedia
- The Coon Creek Watershed District, including Coon Rapids, has installed dozens of pet waste stations since 2020, diverting over 55,000 pounds of waste from waterways. — This voluntary program helps reduce phosphorus and bacteria in local creeks, improving water quality for all residents. MinneapoliMedia
- Anoka County is offering free legal services at its annual Law Day event on May 1, 2026. — This provides residents with access to legal assistance, expanding their ability to address legal concerns. MinneapoliMedia
Concerns
- In January 2024, a triple homicide occurred in Coon Rapids, with the final defendant convicted in December 2025. — This violent crime restricts residents' sense of safety and security within their community. MN Crime, MinneapoliMedia, CBS Minnesota
- A Coon Rapids police officer fatally shot an armed man during a domestic incident in late 2024. — This incident raises concerns about public safety and the use of force in the community. CBS Minnesota
- A Fridley man was sentenced to life in prison in September 2025 for a January 2024 triple murder in Coon Rapids. — This serious crime and its legal aftermath can contribute to a feeling of unease and insecurity among residents. MN Crime, CBS Minnesota
- In March 2025, an assisted living facility in Coon Rapids was found responsible for neglect after a legally blind resident with poor decision-making left the building and was found deceased outside. — This incident highlights a failure in care that directly led to a tragic loss of life, restricting the safety of vulnerable residents. Office of Health Facility Complaints
- The Minnesota Department of Agriculture canceled aerial spraying planned for May 2025 to manage spongy moth in Coon Rapids due to budget uncertainties. — The cancellation of aerial treatment for an invasive species could lead to increased environmental damage and costs for residents. CTN Coon Rapids (YouTube)
Bottom line: Coon Rapids is actively pursuing environmental improvements and community engagement, while also grappling with serious crime incidents and public safety concerns.
Schools in Coon Rapids, MN Updated 138 days ago
Anoka-Hennepin School District faces significant budget cuts and staff reductions amidst declining enrollment and expiring federal funds, while continuing facility upgrades and maintaining strong academic ratings.
Opportunities
- Anoka-Hennepin School District ranks in the top 20% of Minnesota public schools for overall performance and math proficiency for the 2026 school year. — This indicates a high quality of education and strong academic outcomes for students in the district. Anoka-Hennepin School District (2026) - Andover, MN
- The district has completed significant facility upgrades, including removing over 90 portable classrooms and improving high school entryways and media centers, funded by a 2017 referendum. — These improvements enhance the learning environment and provide modern, safe spaces for students. Newsmakers: Anoka-Hennepin Superintendent Talks About Facil…
- Anoka-Hennepin Schools offers open enrollment year-round for students outside the district, providing flexibility for families. — This expands educational choices for families residing outside the district boundaries.
- Anoka High School completed a $15.4 million addition and remodel in 2020, including a new entrance, expanded cafeteria, and ADA compliance. — These facility enhancements provide improved accessibility and a more modern learning environment for students. Anoka High School Additions and Remodel - BCI Construction,…
Concerns
- The Anoka-Hennepin School Board approved an $8.1 million budget reduction and reallocation plan in December 2025 for the 2026-27 school year, part of a total $22.2 million in cuts since February 2024. — These significant budget cuts may lead to reduced resources and programs impacting student services. Anoka-Hennepin School District
- Approximately 75 full-time positions, including 26 social worker positions and 6 secondary school counselor positions, were cut for the 2026-27 school year. — These staff reductions may limit student access to crucial mental health and support services. Anoka-Hennepin now notifying the 75 staff members who will …
- High school staffing was reduced by 28 FTE due to students leaving for Post-Secondary Education Options (PSEO) and other opportunities. — This reduction could impact the range of courses or support available for high school students remaining in the district. Anoka-Hennepin School District
- The district faces a looming deficit, with a nearly $6 million shortfall projected for next year, driven by falling enrollment and expiring COVID-19 relief funds. — This financial pressure could lead to further budget cuts or a need for increased local taxes to maintain current service levels. Anoka-Hennepin now notifying the 75 staff members who will …
Bottom line: The Anoka-Hennepin School District is navigating significant financial challenges with budget and staff cuts, despite strong academic performance and recent facility upgrades.
Civic & policy in Coon Rapids, MN Updated 138 days ago
Coon Rapids and Anoka County have seen recent decisions regarding property taxes, zoning, and potential new sales taxes, alongside state-level legislative changes impacting residents.
Opportunities
- The Coon Rapids City Council approved a one-year site plan extension for Tronson Reserve, a 35-unit townhouse development, in August 2025. — This supports increased housing options and growth within the city's Moderate-Density Residential (MDR) zoning district. MinneapoliMedia
- The Coon Rapids Planning Commission approved a new cannabis ordinance in November 2024, aligning with Minnesota's recent legalization. — This creates new business opportunities and expands consumer choice for cannabis products in Coon Rapids. LocalLens
- The Anoka County Board approved federal funding applications in December 2023 for roadway improvements, including East River Road in Coon Rapids. — This investment in infrastructure can improve transportation efficiency and safety for residents. Anoka County
- The Coon Rapids City Council accepted grant funds from the Coon Creek Watershed District in July 2025, along with a water quality grant cost-share agreement. — This demonstrates a commitment to environmental stewardship and aims to enhance local water quality. MinneapoliMedia
- Minnesota's new Consumer Data Privacy Act, sponsored by Coon Rapids Rep. Zack Stephenson, took effect July 1, 2024. — This law provides Minnesotans with various rights regarding their personal data, expanding individual control. MN House Public Info
Concerns
- The Anoka County Board approved a 3% salary increase for commissioners in January 2026, amidst a 9.4% property tax levy increase for 2026. — This increases the financial burden on taxpayers through higher property taxes. MinneapoliMedia
- The Coon Rapids City Council approved a preliminary 2026 property tax levy of $41,295,381, a 7.62% increase over the 2025 levy, in September 2025. — This indicates a rise in local property taxes for residents to fund city operations and projects. MinneapoliMedia
- Coon Rapids homeowners will see a modest uptick in residential property values for taxes payable in 2026, as assessed by Anoka County in March 2025. — Increased property values can lead to higher property tax bills for residents. MinneapoliMedia
- The Coon Rapids City Council upheld the denial of massage therapist licenses for two individuals in July 2025. — This restricts business opportunities for specific individuals without disclosed reasons, creating uncertainty for future applicants. MinneapoliMedia
- The Coon Rapids City Council is pursuing a potential half-percent local sales tax for a Police Station Expansion/City Hall Renovation and a new Community Center, requiring voter approval. — If approved, this would impose an additional tax on purchases made within the city, increasing costs for residents and visitors. Coon Rapids Official Website
Bottom line: Coon Rapids and Anoka County are navigating rising costs through increased taxes while also pursuing development and environmental initiatives.
AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.
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
The wrong ZIP kills a good deal — screen every market.
Open the Market Finder →
Best ZIP codes in Minneapolis-St. Paul-Bloomington, MN-WI
Coon Rapids is part of this metro. Every ZIP in it, ranked. Free.
Landlord Ground Truth
Real numbers from people who own or manage rentals in Coon Rapids, MN. Anonymous, moderated, never written by AI.
Do you own or manage rentals in Coon Rapids, MN?
~25 seconds · no account needed · your report is anonymous
Avg Home Value
$337,116
Avg Monthly Rent
$1,770
1% Rule
✗ Below
Landlord Friendly (MN)
★★★☆☆
🎓 Colleges & Universities in Coon Rapids
1 College
7,843 Students
2,588 Off-Campus Renters
Investor Insight: With 2,588 students living off-campus, Coon Rapids has substantial rental demand from the college population — typically stable, lease-renewing tenants.
ZIP Codes in Coon Rapids, MN
Screen every ZIP in Coon Rapids
Filter Coon Rapids’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).
View PlansFrequently Asked Questions About Coon Rapids, MN
How quickly do rentals get leased in Coon Rapids, MN?
Coon Rapids, MN carries elevated vacancy risk. Expect measured absorption at market rents of $1,770/mo.
How strong is the working-renter base in Coon Rapids, MN?
Tenant demand in Coon Rapids, MN is solid. The local workforce $1,770/mo rents across most rental classes.
What type of investing works in Coon Rapids, MN?
Investors usually favor careful cash-flow rentals with hands-on management in Coon Rapids, MN. With home values at $337K and rents near $1,770/mo, other strategies can work but produce reliable rather than outsized returns.
What are home prices like in Coon Rapids, MN?
Median home price in Coon Rapids, MN is near $337K, with a 5-year CAGR of 0.0%. Prices have been predictable and supportive of buy-and-hold strategies.
What do landlords charge for rent in Coon Rapids, MN?
Rent in Coon Rapids, MN is around $1,770/mo. The resulting rent-to-value relationship with $337K pricing is reasonable for most investor models.
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate Coon Rapids, MN.
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.