Real Estate Investing in Plymouth, Minnesota

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

4 ZIP codes • Population: 80,067 • Hennepin County

☆ Watch this market Free account

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

🏠 For Homebuyers
MIXED
Grade C (69/100)

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 Plymouth, MN?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.1% 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 $518,796
Avg Monthly Rent $1,957
ZIP Codes 4

Local Pulse Report

AI-researched developments and news for Plymouth, MN. Updated on demand as visitors ask.

✨ AI + Web Search
Growth & development in Plymouth, MN Updated 140 days ago
Plymouth, MN is experiencing significant mixed-use and residential development, new business openings, and infrastructure upgrades, alongside some employer closures.
Opportunities
  • The Boulevard, a 75-acre mixed-use development at I-494 and Bass Lake Road, is underway with residential, retail, dining, and office spaces. — This expands housing options, retail choices, and job opportunities for residents. Roers Cos.
  • Coborn's Market & Table, a new grocery store concept with in-store dining and other amenities, opened in March 2026. — This provides new grocery and dining options, enhancing convenience and variety for the community. KARE11
  • Summit Orthopedics opened a 78,000-square-foot facility at The Boulevard in October 2025. — This expands access to advanced medical services and orthopedic urgent care for residents. PlymouthMN.gov
  • Daikin Applied broke ground in December 2025 on a 71,000-square-foot expansion for R&D and testing capabilities. — This signifies an expansion of a local employer, potentially leading to new job opportunities. PlymouthMN.gov
  • CenterPoint Energy began upgrading and relocating natural gas infrastructure in two Plymouth neighborhoods in April 2025. — These upgrades enhance the safety and reliability of natural gas distribution for residents. GovDelivery
Concerns
  • J & E Companies, a Plymouth-based metal fabrication company, closed all its Minnesota locations in June 2025, laying off approximately 145 workers. — This results in job losses and reduces local employment opportunities. Bring Me The News
  • Upsher-Smith Laboratories is closing its Plymouth facility by July 31, 2025, leading to layoffs of at least 58 employees. — This closure results in job losses and reduces local employment opportunities. FOX 9
Bottom line: Plymouth is experiencing substantial growth in mixed-use and residential developments, alongside some notable business closures impacting local employment.
Local news & events in Plymouth, MN Updated 140 days ago
Plymouth, MN has seen a mix of community engagement and safety concerns, with positive strides in water quality and public safety ratings, alongside ongoing crime issues and environmental warnings.
Opportunities
  • Plymouth's tap water consistently meets or surpasses state and federal drinking water quality guidelines, as confirmed by its 2023 report. — This ensures residents have access to safe and high-quality drinking water, protecting public health. MinneapoliMedia
  • Bass Lake and Pomerleau Lake in Plymouth were removed from Minnesota's impaired waters list in June 2024 due to successful pollution reduction efforts. — Improved lake health expands recreational opportunities and enhances the local environment. CCX Media
  • A 2025 community survey showed 96% of residents rated Plymouth as an excellent or good place to live, with high satisfaction in parks, recreation, and public safety. — High resident satisfaction and positive ratings for city services indicate a desirable living environment. City of Plymouth, MN
  • Crime prevention ratings in Plymouth rose from 80% excellent or good in 2022 to 89% in 2025, with 98% of residents feeling safe in their neighborhoods. — Increased feelings of safety and improved crime prevention ratings contribute to a more secure community. City of Plymouth, MN
  • The Plymouth Fire Department is expanding its recruitment perimeter for paid on-call firefighters. — This initiative aims to strengthen emergency services, potentially improving response times and community safety. CCX Media
Concerns
  • A blue-green algae bloom on Medicine Lake in September 2025 prompted officials to warn residents to avoid water contact due to potential toxins. — This restricts recreational use of the lake and poses health risks to people and pets. YouTube (KSTP), City of Plymouth, MN, Bring Me The News
  • A Plymouth subdivision faced numerous setback violations for sheds in April 2026, with 18 out of 31 sheds not meeting city regulations. — These violations can lead to fines for homeowners and potential safety concerns, restricting property use. WSBT
  • A man was charged in April 2026 with a $286K Plymouth burglary, following previous charges for stealing airport snow plows. — This indicates ongoing property crime, which can lead to financial losses and a sense of insecurity for residents. Bring Me The News
  • A Plymouth police officer shot a man during a domestic disturbance call in November 2025, with the man later facing an assault charge. — Incidents involving police shootings and domestic disturbances highlight ongoing safety challenges within the community. CBS Minnesota, FOX 9 Minneapolis-St. Paul
  • A lawsuit was filed by 21 parents against a Lil' Explorers Plymouth child care center and a former employee in August 2023, alleging inadequate care. — Allegations of inadequate childcare can cause distress for families and raise concerns about the quality of local services. FOX 9 Minneapolis-St. Paul
Bottom line: Plymouth continues to foster community engagement through various events and shows strong resident satisfaction with quality of life, while addressing environmental concerns and persistent crime issues.
Schools in Plymouth, MN Updated 140 days ago
The public school district serving Plymouth, MN, Wayzata Public Schools, recently passed a significant bond referendum to address growing enrollment and facility needs. #### Positives: * Wayzata Public Schools voters approved a nearly $500 million referendu
The public school district serving Plymouth, MN, Wayzata Public Schools, recently passed a significant bond referendum to address growing enrollment and facility needs. #### Positives: * Wayzata Public Schools voters approved a nearly $500 million referendu
Civic & policy in Plymouth, MN Updated 140 days ago
Plymouth, MN has recently seen significant city council activity, including major zoning changes, a proposed sales tax for recreational facilities, and a ban on flavored tobacco sales.
Opportunities
  • The Plymouth City Council approved a comprehensive plan amendment on September 12, 2023, increasing allowed density in the City Center from 12-20 units/acre to 20-40 units/acre for multi-family development and 6-20 unit… — This expands housing options and potentially increases housing supply in the city center. City of Plymouth, MN
  • On September 26, 2023, the City Council approved a comprehensive plan amendment to re-guide 75 acres at 13001 County Road 10 from commercial office to mixed-use. — This allows for more diverse development, potentially including residential and retail, expanding choices for residents. City of Plymouth, MN
  • The City Council approved a comprehensive plan amendment and rezoning for the Plymouth Plaza redevelopment on November 25, 2025, to include a new 195-unit apartment building with 20% of units reserved for those earning … — This increases housing supply and provides affordable housing options for lower-income residents. City of Plymouth, MN
  • The Plymouth City Council approved a resolution on January 13, 2026, to seek legislative authorization for a half-cent local sales tax to fund $135 million in recreational facility upgrades. — If approved by voters, this would provide significant upgrades to public recreational amenities, enhancing quality of life. City of Plymouth, MN
Concerns
  • The Plymouth City Council voted on April 28, 2026, to ban the sale of flavored tobacco products within city limits, with the ban on flavored products beginning after January 1, 2028. — This restricts consumer choice for tobacco products and impacts local businesses selling these items. Axios / KARE 11
  • The new tobacco ordinance also sets the maximum number of new tobacco licenses at zero and creates a 500-foot buffer from schools and youth-oriented parks for any new licenses. — These regulations limit the establishment of new businesses and restrict where existing businesses can operate. Axios / MINNEAPOLIMEDIA NEWS
  • A proposed half-cent sales tax for recreational facilities, if approved by voters in November 2026, would increase Plymouth's existing sales tax rate from 8.53% to 9.03%. — This would impose an additional cost on consumers through increased sales tax. KSTP
Bottom line: Plymouth is actively pursuing development and recreational improvements, alongside new regulations impacting tobacco sales and potential tax increases.

AI-generated from public web sources. Always verify with official records. Not financial, legal, or investment advice.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Minneapolis-St. Paul-Bloomington, MN-WI

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

Do you own or manage rentals in Plymouth, MN?

~25 seconds · no account needed · your report is anonymous

Property managers serving Hennepin County

Manage rentals here? List your business →

JJS Property Management of Central Minnesota offers a wide choice of apartments in various areas including Avon, Buffalo, Milaca, Monticello, Royalton, Sartell, Sauk Rapids, St. Cloud, and St. Joseph. summary from their website

Small multifamily
Unclaimed — is this your business? Claim it free

MGM Property Management, LLC provides property management services for rental properties, homeowner associations, and commercial tenants in the Twin Cities, Rochester, and St. Cloud areas. summary from their website

Single-familySmall multifamilyCommercialHOA
Unclaimed — is this your business? Claim it free

Simply Residential Property Management offers expert management of single-family, condominiums, and multi-family dwellings throughout the Twin Cities. summary from their website

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$518,796
Avg Monthly Rent
$1,957
1% Rule
✗ Below
Landlord Friendly (MN)

🎓 Colleges & Universities in Plymouth

1 College 114 Students
C
PCI Academy-Plymouth
Vocational For-Profit · 114 students

ZIP Codes in Plymouth, MN

Screen every ZIP in Plymouth

Filter Plymouth’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About Plymouth, MN

What are vacancy rates like in Plymouth, MN?

Plymouth, MN sees elevated vacancy, which is reasonable relative to the broader MN rental market.

What is the typical renter like in Plymouth, MN?

Plymouth, MN offers a predictable renter base at the $1,957/mo rent level. Tenant turnover is reasonable for well-managed properties.

How do landlord-tenant laws work in Plymouth, MN?

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

How viable is house hacking in Plymouth, MN?

House hacking in Plymouth, MN is a challenging. With home values around $519K and rents at $1,957/mo, owner-occupants can offset a meaningful share of PITI.

What is the typical home price in Plymouth, MN?

Homes in Plymouth, MN typically sell near $519K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate Plymouth, MN.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.