Real Estate Investing in Cambridge, Minnesota (55008)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55008 (Cambridge, MN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Cambridge, MN (55008)?
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Market Analysis: 55008 Cambridge
The 55008 ZIP in Cambridge, MN is a local-operator market. Outside capital chasing a $333K entry has to pair deep knowledge with the discount.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55008 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 55008 sits on the difficult end of the MN spectrum. The a viable market for read — for disciplined operators — is that pricing reflects the difficulty.
Resident income in 55008 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
leans the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.
Here's what matters if you're considering buying a home in Cambridge:
Property Strategy for 55008
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $238,640 | $1,270 | 3.8% | +5.8% | $238,640 |
| 2BR | $272,539 | $1,550 | 4.1% | +5.4% | $136,270 |
| 3BR | $331,109 | $2,050 | 4.5% | +5.8% | $110,370 |
| 4BR | $351,414 | $2,300 | 4.7% | +5.6% | $87,854 |
| 5BR | $386,730 | — | — | +5.6% | $77,346 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55008 Compare?
| Metric | 55008 | Cambridge | Minnesota |
|---|---|---|---|
| Home Value | $332,587 | $332,587 | $340,597 |
| 5-Year CAGR | 3.4% | 3.4% | 4.9% |
| Avg Rent | $2,200 | $2,200 | - |
| Cap Rate | 5.2% | 5.2% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55008 (Cambridge, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $332,587 |
| Monthly Rent | $2,200 |
| Price-to-Rent | 12.6:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 7.9% |
| Cap Rate | 5.2% |
| 5-Year IRR | 8.6% |
📈 Home Appreciation
| 1-Year | +3.9% ▲ |
| 3-Year CAGR | +2.6% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.2%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 55008
Population: 16,091
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 55008
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
Frequently Asked Questions
How much is rent in Cambridge, MN?
Rental rates in Cambridge, MN average $2,200/mo. Tenant demand and $333K home values make the yield look reasonable by investor standards.
What investment strategy works best in Cambridge, MN?
Investors usually favor careful cash-flow rentals with hands-on management in Cambridge, MN. With home values at $333K and rents near $2,200/mo, other strategies can work but produce steady rather than outsized returns.
Is real estate in Cambridge, MN a good investment right now?
Our data puts Cambridge, MN at 3.0/5 for investability. Home prices of $333K and rents around $2,200/mo create a solid backdrop for investor activity.
Is Cambridge, MN good for house hacking?
Cambridge, MN is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $333K price point reasonable to enter.
How much does a house cost in Cambridge, MN?
Median home price in Cambridge, MN is near $333K, with a 5-year CAGR of 0.0%. Prices have been steady and supportive of buy-and-hold strategies.
You know 55008 now. You don’t know where it ranks.
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How 55008 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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