Real Estate Investing in Pequot Lakes, Minnesota

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

1 ZIP codes • Population: 8,764 • Crow Wing County

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

🏠 For Homebuyers
CAUTION
Grade D (48/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 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: 45.0% of homes vacant — above national norms.

What’s happening in Pequot Lakes, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.0% 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 $425,122
Avg Monthly Rent $891
ZIP Codes 1

Investing in Pequot Lakes Real Estate

Pequot Lakes in Minnesota is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

Pequot Lakes is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. firmly out-of-state investors should be especially careful with the assumptions they carry in.

Rent trends and price trends in Pequot Lakes are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Minnesota.

A an established population with $N/AK household income profile is what makes Pequot Lakes 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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Best ZIP codes in Brainerd, MN

Pequot Lakes 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
$425,122
Avg Monthly Rent
$891
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on Brainerd, MN metro

3/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
1/3
53%
Days Pending
2/2
66 days

View all metro crash risk rankings →

❄️ Cool Market — Brainerd, MN metro
66
Days to pending
9.7%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Pequot Lakes, MN

Screen every ZIP in Pequot Lakes

Filter Pequot Lakes’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 Pequot Lakes, MN

How expensive is real estate in Pequot Lakes, MN?

Median home price in Pequot Lakes, MN is near $425K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.

Is Pequot Lakes, MN a good market for FHA house hackers?

Pequot Lakes, MN offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $891/mo rent level.

Are rents high in Pequot Lakes, MN?

Rents in Pequot Lakes, MN run near $891/mo. Compared with median home prices of $425K that produces solid gross yields for typical rentals.

Does Pequot Lakes, MN favor landlords or tenants?

Rental owners in Pequot Lakes, MN deal with a balanced legal framework. Most standard eviction processes run on reasonable timelines.

What kind of tenants rent in Pequot Lakes, MN?

Pequot Lakes, MN offers a predictable renter base at the $891/mo rent level. Tenant turnover is reasonable for well-managed properties.

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