Real Estate Investing in Deerwood, Minnesota

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

1 ZIP codes • Population: 3,385 • Crow Wing County

☆ Watch this market Free account

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

🏠 For Homebuyers
CAUTION
Grade D (41/100)

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: 47.8% of homes vacant — above national norms.

What’s happening in Deerwood, MN?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.7% 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 $438,634
Avg Monthly Rent $918
ZIP Codes 1

Investing in Deerwood Real Estate

Across Deerwood's 1 ZIPs, the picture is underwhelming: $439K median values, $918/mo rents, and a population that has faced real economic pressure.

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. Deerwood is in that category.

Rents in Deerwood at $918/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.

The 0% renter share in Deerwood masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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

Best ZIP codes in Brainerd, MN

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

Do you own or manage rentals in Deerwood, MN?

~25 seconds · no account needed · your report is anonymous

Avg Home Value
$438,634
Avg Monthly Rent
$918
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Brainerd, MN metro

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

View all metro crash risk rankings →

❄️ Cool Market — Brainerd, MN metro
66
Days to pending
9.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Deerwood, MN

Screen every ZIP in Deerwood

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

View Plans

Frequently Asked Questions About Deerwood, MN

How strict are landlord regulations in Deerwood, MN?

Deerwood, MN operates under MN law, which is balanced overall for landlords. Expect predictable treatment in typical lease and eviction cases.

Are renters plentiful in Deerwood, MN?

Working renters make up the core of the Deerwood, MN tenant base. The pool is reasonable for investors targeting long-term holds.

How does Deerwood, MN rate as a rental market?

Deerwood, MN rates 3.0/5 for investability. With median values at $439K and rents near $918/mo, the market offers reasonable fundamentals for rental investors.

How much is rent in Deerwood, MN?

Deerwood, MN rentals go for roughly $918/mo a month. That puts gross yield in solid territory relative to $439K acquisition costs.

Are homes affordable in Deerwood, MN?

Deerwood, MN home values average about $439K. That price point suits investors targeting rentals with $918/mo in monthly income.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Deerwood, MN.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.