Real Estate Investing in Lakeland, Minnesota

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

1 ZIP codes • Population: 3,471 • Washington County

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

🏠 For Homebuyers
MIXED
Grade C (64/100)

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
CLEAN

No major risk flags on the data we track.

What’s happening in Lakeland, MN?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.4% 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 $406,029
Avg Monthly Rent $1,656
ZIP Codes 1

Investing in Lakeland Real Estate

Lakeland, MN covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

Across Lakeland's 1 ZIPs, fundamentals run lackluster: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rents in Lakeland at $1,656/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 Lakeland 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.
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Best ZIP codes in Minneapolis-St. Paul-Bloomington, MN-WI

Lakeland is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Avg Home Value
$406,029
Avg Monthly Rent
$1,656
1% Rule
✗ Below
Landlord Friendly (MN)

ZIP Codes in Lakeland, MN

Screen every ZIP in Lakeland

Filter Lakeland’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 Lakeland, MN

How high is vacancy risk in Lakeland, MN?

Lakeland, MN carries elevated vacancy risk. Expect reliable absorption at market rents of $1,656/mo.

How much rent can I charge in Lakeland, MN?

Lakeland, MN rentals go for roughly $1,656/mo a month. That puts gross yield in solid territory relative to $406K acquisition costs.

Does a duplex house hack pencil in Lakeland, MN?

The a challenging house-hack environment in Lakeland, MN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Which investment style suits Lakeland, MN?

A careful cash-flow rentals with hands-on management strategy Lakeland, MN best. The market produces reliable results for that approach at the $406K price point.

Is real estate in Lakeland, MN a good investment right now?

Lakeland, MN scores 3.0/5 for investability. Home values sit at $406K and rents near $1,656/mo, which keeps the rent-to-price ratio in reasonable territory for buy-and-hold investors.

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