Real Estate Investing in Dennison, Minnesota (55018)

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

Goodhue County • Population: 931 • Data updated: September 2026

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Should you buy in 55018 (Dennison, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (63/100)

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
1 flag
  • Elevated vacancy: 8.0% vacancy may signal weakening demand.

• Limited market data — this is a very small market; averages are built from few observations and can swing widely. • Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in Dennison, MN (55018)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $425,757
Avg Monthly Rent $1,476
1% Rule ✗ Does Not Meet
Median Income $94,327
% Renters 13.1%

Market Analysis: 55018 Dennison

The 55018 ZIP covers a section of Dennison that demands careful diligence. Prices near $426K look accessible, but the work to make a deal cash flow is real.

Rent of $1,476/mo on a $426K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 55018 sits below the stated 0.0% once reality is priced in.

Turning to rents, 55018 offers a low basis, the region around Dennison has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.

The demographic picture in 55018 includes headwinds that any investor should price in. Income distribution skews lower than Dennison averages, and tenant stability requires active management.

Strategy in 55018 is an operator game, not a passive one. Meanwhile, entry prices of $426K are inviting, the management lift is real and non-optional.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Dennison:

C+ Average
Buy Confidence Score: 61/100
Affordability
15/25
Appreciation
18/25
Stability
7/20
Timing
6/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.5× the median income
Value Trend
Declining (-2.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,476/mo if you need to move
Market Conditions
WARM
Seller-favorable conditions, steady activity
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
☀️
WARM MARKET
Red Wing, MN Metro Area
Seller-favorable conditions, steady activity
0 days
Average time to sell
Very Fast
9.3%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Red Wing, MN metro data

Market Trends

Home Value History (with trend line)

$465K$426K$388K$349K$310K$272KFeb 2018May 2022Jul 2026

📊 How Does 55018 Compare?

Metric 55018 Dennison Red Wing, MN Minnesota
Home Value $425,757 $425,757 N/A $340,597
5-Year CAGR 4.1% 4.1% N/A 4.9%
Avg Rent $1,476 $1,476 N/A -
Cap Rate 2.7% 2.7% - -
💡 Why Invest in 55018? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 55018 (Dennison, MN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.7%
Low
5yr Growth
+4.1%
Moderate

📉 Market Crash Risk Index

Based on Red Wing, MN metro

0/10
Low Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
0/3
45%
Days Pending
0/2
0 days

View all metro crash risk rankings →

📊 Market Snapshot

Home Value $425,757
Monthly Rent $1,476
Price-to-Rent 24.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.2%
Cap Rate 2.7%
5-Year IRR 6.8%

📈 Home Appreciation

1-Year -2.5% ▼
3-Year CAGR +2.3% ▲
5-Year CAGR +4.1% ▲
10-Year CAGR N/A

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.7%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.7%). 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.

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⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
8.0%
Moderate risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+4.1%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55018

Population: 931

💰 Median Household Income
$94,327
This area
$94,327
State
$77,168
USA
$74,580
🏠 Renter Occupied
13.1%
This area
13.1%
State
18.9%
USA
34.0%
💼 Unemployment Rate
4.6%
This area
4.6%
State
-3.2%
USA
3.7%
🎓 College Educated
31.6%
This area
31.6%
State
20.0%
USA
33.7%
👤 Median Age
45.6 years
This area
45.6 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
8.0%
This area
8.0%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 97.2%
Other/Mixed 2.4%
Hispanic/Latino 0.4%
Asian 0.3%
Black/African American 0.1%
👶 Under 18
21.4%
This area
21.4%
USA
22.0%
👴 65 and Over
16.1%
This area
16.1%
USA
17.3%
📊 Poverty Rate
1.6%
This area
1.6%
USA
11.5%

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

🎓 Nearby Colleges & Universities

2 Nearby
B+
Carleton College
2,069 students · 8.8 mi
B
St Olaf College
3,074 students · 10.0 mi

Frequently Asked Questions

What type of investing works in Dennison, MN?

Dennison, MN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($426K prices, $1,476/mo rents) make it a reasonable choice.

How much is rent in Dennison, MN?

The typical rental in Dennison, MN commands about $1,476/mo monthly. That rent profile reliable cash flow against the $426K purchase basis.

What kind of tenants rent in Dennison, MN?

Expect a solid tenant pool in Dennison, MN. The rental market absorbs $1,476/mo rents without meaningful friction.

Should investors worry about vacancy in Dennison, MN?

Expect elevated vacancy in Dennison, MN. Rents at $1,476/mo are absorbed by the tenant base without meaningful lag.

Is housing expensive in Dennison, MN?

Homes in Dennison, MN typically sell near $426K. Prices have moved at a 0.0% 5-year CAGR, which even-keeled long-term demand.

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How 55018 ranks in Red Wing, MN

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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