Real Estate Investing in Iron, Minnesota

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

1 ZIP codes • Population: 1,364 • Saint Louis County

☆ Watch this market Free account

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

🏠 For Homebuyers
MIXED
Grade C (60/100)

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
1 flag
  • High vacancy: 14.6% of homes vacant — above national norms.

What’s happening in Iron, 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

6.8% 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 $245,023
Avg Monthly Rent $981
ZIP Codes 1

Investing in Iron Real Estate

With a sizable population across 1 ZIPs, Iron shows the kind of soft fundamentals that keep most out-of-state capital on the sidelines.

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. Iron is in that category.

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

Distressed-leaning demographics in Iron — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

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 Duluth, MN-WI

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

Do you own or manage rentals in Iron, MN?

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

Avg Home Value
$245,023
Avg Monthly Rent
$981
1% Rule
✗ Below
Landlord Friendly (MN)

ZIP Codes in Iron, MN

Screen every ZIP in Iron

Filter Iron’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 Iron, MN

Should investors consider Iron, MN?

Yes - Iron, MN a 3.0/5 investability score. With $245K home prices against $981/mo monthly rent, the market delivers a reasonable entry point for new investors.

What monthly rent should investors expect in Iron, MN?

Rents in Iron, MN run near $981/mo. Compared with median home prices of $245K that produces solid gross yields for typical rentals.

What is the best play in Iron, MN?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Iron, MN. The numbers - $245K homes against $981/mo rents - support that play.

What is the average home sale price in Iron, MN?

Iron, MN home values average about $245K. That price point suits investors targeting rentals with $981/mo in monthly income.

What is the typical vacancy rate in Iron, MN?

Rental vacancy in Iron, MN is elevated. Investors should budget normal turnover but not chronic empty units.

Community Ratings

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

Be the first to rate Iron, MN.

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