Real Estate Investing in Newport, Minnesota (55055)

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

Washington County • Population: 4,460 • Data updated: September 2026

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Should you buy in 55055 (Newport, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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 Newport, MN (55055)?

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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 $354,303
Avg Monthly Rent $1,320
1% Rule ✗ Does Not Meet
Median Income $62,039
% Renters 33.2%

Market Analysis: 55055 Newport

Investors eyeing 55055 need to respect the fundamentals at play. Home values of $354K come alongside slower price movement and elevated management overhead.

Distressed markets are won on execution, not on spreadsheets. ZIP 55055 registers the profile where tenant screening, deferred maintenance, and local relationships determine the outcome.

Within MN, ZIP 55055 trails on several market indicators that neighboring Washington County submarkets outperform. The gap is real and durable enough to shape underwriting.

Resident income in 55055 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

The 55055 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Newport:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 5.7× the median income
Value Trend
Rising (+5.3%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,320/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 55055

Which property type performs best in this market?

Best for Cash Flow
3BR
4.5% cap rate
Best for Appreciation
4BR
+4.9% 5yr CAGR
Best Overall Value
4BR
$95,056/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $288,814 $1,520 3.8% +4.4% $144,407
3BR $326,165 $2,020 4.5% +4.9% $108,722
4BR $380,225 $2,270 4.3% +4.9% $95,056

Market Trends

Home Value History (with trend line)

$376K$325K$274K$223K$172K$121KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,323$1,315$1,306$1,298$1,289$1,281May 2026Jun 2026Jul 2026

📊 How Does 55055 Compare?

Metric 55055 Newport Minnesota
Home Value $354,303 $354,303 $340,597
5-Year CAGR 3.3% 3.3% 4.9%
Avg Rent $1,320 $1,320 -
Cap Rate 2.9% 2.9% -
💡 Why Invest in 55055? Click to expand

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

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 55055 (Newport, MN). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 55055 (Newport, MN)?

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Investability
Good
Cap Rate
2.9%
Low
5yr Growth
+3.3%
Moderate

📊 Market Snapshot

Home Value $354,303
Monthly Rent $1,320
Price-to-Rent 22.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 4.5%
Cap Rate 2.9%
5-Year IRR 6.2%

📈 Home Appreciation

1-Year +5.3% ▲
3-Year CAGR +2.9% ▲
5-Year CAGR +3.3% ▲
10-Year CAGR +5.9% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.9%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.9%). 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.

Vacancy
0.0%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+3.3%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55055

Population: 4,460

💰 Median Household Income
$62,039
This area
$62,039
State
$77,168
USA
$74,580
🏠 Renter Occupied
33.2%
This area
33.2%
State
18.9%
USA
34.0%
💼 Unemployment Rate
2.4%
This area
2.4%
State
-3.2%
USA
3.7%
🎓 College Educated
26.0%
This area
26.0%
State
20.0%
USA
33.7%
👤 Median Age
38.1 years
This area
38.1 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
0.0%
This area
0.0%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 74.7%
Asian 11.4%
Other/Mixed 8.5%
Black/African American 5.5%
Hispanic/Latino 4.9%
👶 Under 18
20.1%
This area
20.1%
USA
22.0%
👴 65 and Over
18.0%
This area
18.0%
USA
17.3%
📊 Poverty Rate
6.2%
This area
6.2%
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

🎓 Schools in 55055

A Avg School Grade
1 Schools
10.3:1 Avg Class Size
$16,897 Avg Per Pupil

Schools in This ZIP Code

A Very Good

NEWPORT ELEMENTARY

📚 Pre-K – 05 Elementary
👥
275 Students
👨‍🏫
10.3:1 Class Size
💰
$16,897 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

KAPOSIA EDUCATION CENTER ELEMENTARY

📚 Pre-K – 05 Elementary
📍 1225 1ST AVE S, SOUTH SAINT PAUL
👥
636 Students
👨‍🏫
14.3:1 Class Size
💰
$16,495 Per Student
A Very Good

LINCOLN CENTER ELEMENTARY

📚 Pre-K – 05 Elementary
📍 357 9TH AVE N, SOUTH SAINT PAUL
👥
665 Students
👨‍🏫
14.5:1 Class Size
💰
$16,495 Per Student
B+ Above Average

South St. Paul Middle School

📚 06 – 08 Middle
📍 700 2ND ST N, SOUTH SAINT PAUL
👥
589 Students
👨‍🏫
15.9:1 Class Size
💰
$16,495 Per Student
B Good

South St. Paul High School

📚 09 – 12 High School
📍 700 N 2ND ST, SOUTH SAINT PAUL
👥
868 Students
👨‍🏫
19.2:1 Class Size
💰
$16,495 Per Student
B Good

S ST. PAUL COMMUNITY LRNG. CNTR.

📚 07 – 12 High School
📍 710 - 19TH AVENUE NORTH, SOUTH SAINT PAUL
👥
94 Students
👨‍🏫
13.4:1 Class Size
💰
$16,495 Per Student
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

8 Nearby 5,220 Off-Campus Students
C
Nova Academy of Cosmetology Woodbury
56 students · 3.7 mi
C
Inver Hills Community College
3,689 students · 4.2 mi
C
Metropolitan State University
6,005 students · 6.9 mi
D
Minnesota State Colleges and Universities System Office
0 students · 7.0 mi
C
Saint Paul College
5,155 students · 7.5 mi
C
Mitchell Hamline School of Law
1,217 students · 8.3 mi
C
Concordia University-Saint Paul
5,854 students · 9.3 mi
B+
Macalester College
2,142 students · 9.5 mi

Investor Insight: With 5,220 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Newport, MN good for house hacking?

For house hackers, Newport, MN is a challenging. The $1,320/mo rent on a unit helps defray the mortgage on a $354K property.

Is Newport, MN landlord-friendly?

Newport, MN falls under MN landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.

Are tenants stable in Newport, MN?

Tenant quality in Newport, MN ranks as solid. Landlords generally report steady occupancy at market rents of $1,320/mo.

What is the investability score for Newport, MN?

Investors tracking Newport, MN will find a 3.0/5 rating supported by $354K median home values and $1,320/mo rents. That profile suits long-term holders targeting steady returns.

Which investment style suits Newport, MN?

The best-fit strategy in Newport, MN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

You know 55055 now. You don’t know where it ranks.

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How 55055 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

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Cash Flow → Appreciation → Affordable →
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