Real Estate Investing in Long Prairie, Minnesota

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

1 ZIP codes • Population: 8,067 • Todd County

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Should you buy in Long Prairie, 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: 12.1% of homes vacant — above national norms.

What’s happening in Long Prairie, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.4% 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 $263,361
Avg Monthly Rent $936
ZIP Codes 1

Investing in Long Prairie Real Estate

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

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. Long Prairie is in that category.

Transaction volume in Long Prairie has thinned in a way that amplifies price discovery risk. On the rental side, investors without local context should treat every number on the page with skepticism.

A an established population with $N/AK household income profile is what makes Long Prairie 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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Landlord Ground Truth

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Avg Home Value
$263,361
Avg Monthly Rent
$936
1% Rule
✗ Below
Landlord Friendly (MN)

ZIP Codes in Long Prairie, MN

Screen every ZIP in Long Prairie

Filter Long Prairie’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 Long Prairie, MN

What is the median home value in Long Prairie, MN?

Long Prairie, MN median home values land near $263K. That is reasonable territory for investors looking at $936/mo-per-month rentals.

What is the typical renter like in Long Prairie, MN?

The renter base in Long Prairie, MN is reasonable for the $936/mo price point. Screening well and pricing to market typically yields even-keeled tenants.

Is Long Prairie, MN a good place for real estate investing?

With a 3.0/5 investability score, Long Prairie, MN ranks as a solid market for rental property investors. Median prices of $263K and rents of $936/mo drive the underlying numbers.

What is the best play in Long Prairie, MN?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in Long Prairie, MN. The numbers - $263K homes against $936/mo rents - support that play.

Is MN a landlord-friendly state?

MN law balanced for landlords, and Long Prairie inherits those rules. Investors should still review local ordinances for rental licensing.

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