Real Estate Investing in Oak Grove, Minnesota (55011)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55011 (Oak Grove, MN)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Oak Grove, MN (55011)?
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Market Analysis: 55011 Oak Grove
The 55011 ZIP covers a section of Oak Grove that demands careful diligence. Prices near $446K look accessible, but the work to make a deal cash flow is real.
The investment case in 55011 is substantial only for operators who understand what they are buying. A $446K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.
ZIP 55011's metrics run below Anoka County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Meanwhile, 11,025 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
Experienced landlords with local relationships tend to find 55011 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Oak Grove:
Property Strategy for 55011
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $369,486 | $2,160 | 4.2% | +6.5% | $184,743 |
| 3BR | $419,218 | $2,860 | 4.9% | +6.0% | $139,739 |
| 4BR | $478,958 | $3,200 | 4.8% | +6.3% | $119,739 |
| 5BR | $553,948 | — | — | +6.8% | $110,790 |
Market Trends
Home Value History (with trend line)
📊 How Does 55011 Compare?
| Metric | 55011 | Oak Grove | Minnesota |
|---|---|---|---|
| Home Value | $446,116 | $446,116 | $340,597 |
| 5-Year CAGR | 3.9% | 3.9% | 4.9% |
| Avg Rent | $1,944 | $1,944 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 55011 (Oak Grove, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $446,116 |
| Monthly Rent | $1,944 |
| Price-to-Rent | 19.1:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 7.3% |
📈 Home Appreciation
| 1-Year | +5.2% ▲ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +3.9% ▲ |
| 10-Year CAGR | +6.4% ▲ |
🏠 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 (3.4%). 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 55011
Population: 11,025
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 55011
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 3,282 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What kind of market is Oak Grove, MN for investors?
Investors tracking Oak Grove, MN will find a 3.0/5 rating supported by $446K median home values and $1,944/mo rents. That profile suits long-term holders targeting reliable returns.
Are there empty rentals in Oak Grove, MN?
Oak Grove, MN sees elevated vacancy, which is reasonable relative to the broader MN rental market.
How qualified is the tenant pool in Oak Grove, MN?
Expect a solid tenant pool in Oak Grove, MN. The rental market absorbs $1,944/mo rents without meaningful friction.
What is the smart move for investors in Oak Grove, MN?
Most investors in Oak Grove, MN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
How strong are rents in Oak Grove, MN?
The typical rental in Oak Grove, MN commands about $1,944/mo monthly. That rent profile even-keeled cash flow against the $446K purchase basis.
You know 55011 now. You don’t know where it ranks.
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How 55011 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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