Real Estate Investing in White Bear Lake, Minnesota

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1 ZIP codes • Population: 37,272 • Ramsey County

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Should you buy in White Bear Lake, 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 White Bear Lake, MN?

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.0% 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 $387,988
Avg Monthly Rent $1,866
ZIP Codes 1

Investing in White Bear Lake Real Estate

White Bear Lake, MN covers 1 ZIP codes and a population but the investment metrics here are thin — this is not a market to enter casually.

unambiguously White Bear Lake's aggregate rating of ★★★☆☆ reflects modest investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.

Rents in White Bear Lake at $1,866/mo have struggled to keep pace with cost increases, and vacancy has risen in pockets — a dynamic that compresses realized returns well below headline cap rates.

Population dynamics in White Bear Lake haven't been supportive. less favorable for combined with thin income growth, the demographic backdrop complicates any purely financial underwriting.

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 Minneapolis-St. Paul-Bloomington, MN-WI

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Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

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Property managers serving Ramsey County

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Property Care
Roseville, MN

Property Care provides HOA Management services. summary from their website

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

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Spire Community Management provides HOA management services in Minnesota, with a local phone number for the state. summary from their website

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

Avg Home Value
$387,988
Avg Monthly Rent
$1,866
1% Rule
✗ Below
Landlord Friendly (MN)

🎓 Colleges & Universities in White Bear Lake

1 College 8,248 Students 2,416 Off-Campus Renters
C
Century College
2-Year Public · 8,248 students
📍 ~2,416 students rent off-campus

Investor Insight: With 2,416 students living off-campus, White Bear Lake has substantial rental demand from the college population — typically stable, lease-renewing tenants.

ZIP Codes in White Bear Lake, MN

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Filter White Bear Lake’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 White Bear Lake, MN

What is the investability score for White Bear Lake, MN?

White Bear Lake, MN records an investability rating of 3.0/5, with median home values near $388K and average rents around $1,866/mo. That combination puts it in the healthy tier for investor interest.

What is the renter demographic in White Bear Lake, MN?

Tenant quality in White Bear Lake, MN ranks as solid. Landlords generally report predictable occupancy at market rents of $1,866/mo.

What do landlords charge for rent in White Bear Lake, MN?

Expect rents around $1,866/mo per month in White Bear Lake, MN. With home values at $388K, the yield math works out to reasonable levels for rental investors.

How tight is the rental market in White Bear Lake, MN?

White Bear Lake, MN carries elevated vacancy risk. Expect predictable absorption at market rents of $1,866/mo.

What approach is best for White Bear Lake, MN real estate?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in White Bear Lake, MN. The numbers - $388K homes against $1,866/mo rents - support that play.

Community Ratings

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