Real Estate Investing in Nicollet, Minnesota

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

1 ZIP codes • Population: 1,850 • Nicollet County

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

🏠 For Homebuyers
GOOD FIT
Grade B (72/100)

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 Nicollet, 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 $331,881
Avg Monthly Rent $954
ZIP Codes 1

Investing in Nicollet Real Estate

Nicollet (Minnesota) spans 1 ZIPs and roughly a sizable population. plainly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

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

Market conditions in Nicollet are modest. Days-on-market has stretched, rent growth has stalled, and the 0.0% 5-year CAGR understates how uneven the underlying ZIPs really are.

Demographics in Nicollet show real pressure — median income of $N/AK is thin 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 Mankato, MN

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

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Avg Home Value
$331,881
Avg Monthly Rent
$954
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Mankato, MN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
43%
Days Pending
0/2
0 days

View all metro crash risk rankings →

☀️ Warm Market — Mankato, MN metro
0
Days to pending
11.6%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Nicollet, MN

Screen every ZIP in Nicollet

Filter Nicollet’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 Nicollet, MN

How much is rent in Nicollet, MN?

Nicollet, MN rentals go for roughly $954/mo a month. That puts gross yield in solid territory relative to $332K acquisition costs.

Is Nicollet, MN good for landlords?

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

What is the rental occupancy rate in Nicollet, MN?

Occupancy in Nicollet, MN runs measured with elevated vacancy. Well-priced units at $954/mo lease on reasonable timelines.

Is the tenant base reliable in Nicollet, MN?

The renter base in Nicollet, MN is reasonable for the $954/mo price point. Screening well and pricing to market typically yields measured tenants.

How does Nicollet, MN rate as a rental market?

Nicollet, MN rates 3.0/5 for investability. With median values at $332K and rents near $954/mo, the market offers reasonable fundamentals for rental investors.

Community Ratings

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