Real Estate Investing in Waite Park, Minnesota

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1 ZIP codes • Population: 7,705 • Stearns County

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

🏠 For Homebuyers
MIXED
Grade C (68/100)

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 Waite Park, MN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.0% 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 $252,558
Avg Monthly Rent $1,228
ZIP Codes 1

Investing in Waite Park Real Estate

With a sizable population across 1 ZIPs, Waite Park shows the kind of underwhelming fundamentals that keep most out-of-state capital on the sidelines.

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. Waite Park is in that category.

Transaction volume in Waite Park has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Demographics in Waite Park show real pressure — median income of $N/AK is modest 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 St. Cloud, MN

Waite Park 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 Waite Park, MN. Anonymous, moderated, never written by AI.

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Avg Home Value
$252,558
Avg Monthly Rent
$1,228
1% Rule
✗ Below
Landlord Friendly (MN)

📉 Market Crash Risk Index

Based on St. Cloud, MN metro

1/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
42%
Days Pending
1/2
46 days

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❄️ Cool Market — St. Cloud, MN metro
46
Days to pending
10.8%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Waite Park, MN

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Filter Waite Park’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 Waite Park, MN

Is Waite Park, MN a good place for real estate investing?

The 3.0/5 investability rating in Waite Park, MN reflects its $253K prices and $1,228/mo rents. Investors generally consider it a solid option within MN.

Which investment style suits Waite Park, MN?

In Waite Park, MN the healthy play is typically careful cash-flow rentals with hands-on management. The combination of $253K prices and $1,228/mo rents suits that approach.

How tight is the rental market in Waite Park, MN?

Vacancy in Waite Park, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,228/mo.

Are tenants stable in Waite Park, MN?

Expect a solid tenant pool in Waite Park, MN. The rental market absorbs $1,228/mo rents without meaningful friction.

Are rents high in Waite Park, MN?

Rental rates in Waite Park, MN average $1,228/mo. Tenant demand and $253K home values make the yield look reasonable by investor standards.

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