Real Estate Investing in Lewiston, Minnesota

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

1 ZIP codes • Population: 2,689 • Winona County

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

🏠 For Homebuyers
MIXED
Grade C (62/100)

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
  • Elevated vacancy: 8.7% vacancy may signal weakening demand.

What’s happening in Lewiston, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.9% 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 $311,009
Avg Monthly Rent $1,026
ZIP Codes 1

Investing in Lewiston Real Estate

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

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

The $1,026/mo / $311K relationship in Lewiston looks modest once vacancy and capex are incorporated into underwriting. tilts toward the realized yield tends to disappoint.

Demographics in Lewiston show real pressure — median income of $N/AK is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

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 Winona, MN

Lewiston 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
$311,009
Avg Monthly Rent
$1,026
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Winona, MN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
30%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Winona, MN metro
0
Days to pending
7.4%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Lewiston, MN

Screen every ZIP in Lewiston

Filter Lewiston’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 Lewiston, MN

What do landlords charge for rent in Lewiston, MN?

Rent in Lewiston, MN is around $1,026/mo. The resulting rent-to-value relationship with $311K pricing is reasonable for most investor models.

What is the typical home price in Lewiston, MN?

Homes in Lewiston, MN typically sell near $311K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

How strong is Lewiston, MN for real estate investors?

Lewiston, MN rates 3.0/5 for investability. With median values at $311K and rents near $1,026/mo, the market offers reasonable fundamentals for rental investors.

What is the rental occupancy rate in Lewiston, MN?

Occupancy in Lewiston, MN runs predictable with elevated vacancy. Well-priced units at $1,026/mo lease on reasonable timelines.

Is Lewiston, MN good for landlords?

Lewiston, MN falls under MN landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.

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