Real Estate Investing in Fairmont, Minnesota

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

1 ZIP codes • Population: 11,800 • Martin County

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

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 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
CLEAN

No major risk flags on the data we track.

What’s happening in Fairmont, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.8% 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 $202,194
Avg Monthly Rent $873
ZIP Codes 1

Investing in Fairmont Real Estate

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

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

Rents in Fairmont at $873/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.

A an established population with $N/AK household income profile is what makes Fairmont 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 Fairmont, MN

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

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Avg Home Value
$202,194
Avg Monthly Rent
$873
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Fairmont, MN metro

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

View all metro crash risk rankings →

☀️ Warm Market — Fairmont, MN metro
0
Days to pending
5.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Fairmont, MN

Screen every ZIP in Fairmont

Filter Fairmont’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 Fairmont, MN

Is Fairmont, MN a smart market for rental property?

Yes - Fairmont, MN a 3.0/5 investability score. With $202K home prices against $873/mo monthly rent, the market delivers a reasonable entry point for new investors.

Where do rents currently stand in Fairmont, MN?

Rent in Fairmont, MN is around $873/mo. The resulting rent-to-value relationship with $202K pricing is reasonable for most investor models.

Is Fairmont, MN landlord-friendly?

Landlord-friendliness in Fairmont, MN is balanced. Eviction timelines and lease enforcement are considered reasonable by most property managers.

Is Fairmont, MN good for house hacking?

Fairmont, MN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $202K price point reasonable to enter.

What kind of vacancy should I budget for in Fairmont, MN?

Expect elevated vacancy in Fairmont, MN. Rents at $873/mo are absorbed by the tenant base without meaningful lag.

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