Real Estate Investing in Eagan, Minnesota (55122)

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

Dakota County • Population: 31,483 • Data updated: September 2026

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Should you buy in 55122 (Eagan, 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 Eagan, MN (55122)?

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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 $361,113
Avg Monthly Rent $1,667
1% Rule ✗ Does Not Meet
Median Income $90,306
% Renters 30.9%

Market Analysis: 55122 Eagan

The 55122 ZIP in Eagan, MN is a local-operator market. Outside capital chasing a $361K entry has to pair deep knowledge with the discount.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55122 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

In the broader MN picture, 55122 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.

The 55122 ZIP's population of 31,483 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that registers the need for careful underwriting.

seems to 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.

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 Eagan:

C+ Average
Buy Confidence Score: 65/100
Affordability
15/25
Appreciation
14/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4× the median income
Value Trend
Rising (+5.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,667/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: Mixed signals in this market. Research specific properties carefully and be prepared to negotiate.
🏠

Property Strategy for 55122

Which property type performs best in this market?

Best for Cash Flow
1BR
6.2% cap rate
Best for Appreciation
5BR
+4.9% 5yr CAGR
Best Overall Value
4BR
$110,389/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $172,938 $1,490 6.2% +4.2% $172,938
2BR $251,732 $1,810 5.2% +3.9% $125,866
3BR $353,043 $2,400 4.9% +4.3% $117,681
4BR $441,555 $2,680 4.4% +4.5% $110,389
5BR $583,676 +4.9% $116,735

Market Trends

Home Value History (with trend line)

$381K$333K$285K$237K$190K$142KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,711$1,642$1,574$1,506$1,438$1,370Nov 2020Sep 2023Jul 2026

📊 How Does 55122 Compare?

Metric 55122 Eagan Minnesota
Home Value $361,113 $395,259 $340,597
5-Year CAGR 2.5% 2.6% 4.9%
Avg Rent $1,667 $1,652 -
Cap Rate 3.6% 3.3% -
💡 Why Invest in 55122? 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 55122 (Eagan, MN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
3.6%
Low
5yr Growth
+2.5%
Slow

📊 Market Snapshot

Home Value $361,113
Monthly Rent $1,667
Price-to-Rent 18.1:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.5%
Cap Rate 3.6%
5-Year IRR 6.1%

📈 Home Appreciation

1-Year +5.2% ▲
3-Year CAGR +2.4% ▲
5-Year CAGR +2.5% ▲
10-Year CAGR +4.8% ▲

🏠 Rent Trends

1-Year -2.0% ▼
3-Year CAGR +1.1% ▲
5-Year CAGR +2.7% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 3.6%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.6%). 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
3.0%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+2.5%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55122

Population: 31,483

💰 Median Household Income
$90,306
This area
$90,306
State
$77,168
USA
$74,580
🏠 Renter Occupied
30.9%
This area
30.9%
State
18.9%
USA
34.0%
💼 Unemployment Rate
4.0%
This area
4.0%
State
-3.2%
USA
3.7%
🎓 College Educated
46.7%
This area
46.7%
State
20.0%
USA
33.7%
👤 Median Age
39.4 years
This area
39.4 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
3.0%
This area
3.0%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 71.1%
Black/African American 13.4%
Asian 8.7%
Other/Mixed 6.8%
Hispanic/Latino 3.7%
👶 Under 18
21.5%
This area
21.5%
USA
22.0%
👴 65 and Over
16.2%
This area
16.2%
USA
17.3%
📊 Poverty Rate
4.6%
This area
4.6%
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

🎓 Schools in 55122

B+ Avg School Grade
8 Schools
14.4:1 Avg Class Size
$17,478 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

RAHN ELEMENTARY

📚 Pre-K – 05 Elementary
👥
363 Students
👨‍🏫
14.8:1 Class Size
💰
$19,425 Per Student
A Very Good

DEERWOOD ELEMENTARY

📚 K – 05 Elementary
👥
526 Students
👨‍🏫
12.7:1 Class Size
💰
$16,310 Per Student
A Very Good

OAK RIDGE LEADERSHIPENVIRON/HEALTH

📚 Pre-K – 05 Elementary
👥
590 Students
👨‍🏫
12.7:1 Class Size
💰
$16,310 Per Student
B+ Above Average

THOMAS LAKE ELEMENTARY

📚 K – 05 Elementary
👥
604 Students
👨‍🏫
15.5:1 Class Size
💰
$16,310 Per Student
B+ Above Average

BLACK HAWK MIDDLE

📚 06 – 08 Middle
👥
900 Students
👨‍🏫
16.3:1 Class Size
💰
$16,310 Per Student
B+ Above Average

BURNSVILLE ALTERNATIVE HIGH SCHOOL

📚 09 – 12 High School
👥
176 Students
👨‍🏫
12.3:1 Class Size
💰
$19,425 Per Student
C+ Average

ROSEMOUNT AREA LEARNING CENTER

📚 09 – 12 High School
👥
189 Students
👨‍🏫
16.8:1 Class Size
💰
$16,310 Per Student
C Below Average

Burnsville Sr High Extended Day Pro

📚 09 – 12 High School Limited Data
👥
3 Students
💰
$19,425 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A Very Good

GLACIER HILLS SCHOOL - ARTS/SCIENCE

📚 K – 05 Elementary
📍 3825 GLACIER DR, EAGAN
👥
681 Students
👨‍🏫
14.6:1 Class Size
💰
$16,310 Per Student
A Very Good

NORTHVIEW ELEMENTARY

📚 K – 05 Elementary
📍 965 DIFFLEY RD, EAGAN
👥
385 Students
👨‍🏫
13.0:1 Class Size
💰
$16,310 Per Student
A Very Good

Pinewood Community Elementary

📚 K – 05 Elementary
📍 4300 DODD RD, EAGAN
👥
501 Students
👨‍🏫
13.8:1 Class Size
💰
$16,310 Per Student
B+ Above Average

RED PINE ELEMENTARY

📚 K – 05 Elementary
📍 530 RED PINE LN, EAGAN
👥
725 Students
👨‍🏫
16.3:1 Class Size
💰
$16,310 Per Student
B+ Above Average

WOODLAND ELEMENTARY

📚 K – 05 Elementary
📍 945 WESCOTT RD, EAGAN
👥
720 Students
👨‍🏫
16.0:1 Class Size
💰
$16,310 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 5,263 Off-Campus Students
C
Empire Beauty School-Bloomington
157 students · 4.8 mi
C+
Academy College
118 students · 6.2 mi
C+
Northwestern Health Sciences University
1,032 students · 6.5 mi
D
Normandale Community College
9,620 students · 6.9 mi
C
Inver Hills Community College
3,689 students · 7.1 mi
C
Dakota County Technical College
2,662 students · 7.4 mi
C
St Catherine University
3,533 students · 8.4 mi
C
Bethany Global University
201 students · 8.6 mi

Investor Insight: With 5,263 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Eagan, MN a good place for real estate investing?

With a 3.0/5 investability score, Eagan, MN ranks as a solid market for rental property investors. Median prices of $361K and rents of $1,667/mo drive the underlying numbers.

What is the average monthly rent in Eagan, MN?

Investors in Eagan, MN typically see rents near $1,667/mo per month against $361K home values - a solid setup for rental cash flow.

What price range are homes in Eagan, MN?

Homes in Eagan, MN typically sell near $361K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.

What is the typical vacancy rate in Eagan, MN?

Expect elevated vacancy in Eagan, MN. Rents at $1,667/mo are absorbed by the tenant base without meaningful lag.

Can I house hack in Eagan, MN?

The house hack math a challenging in Eagan, MN. Owner-occupant buyers benefit from the $1,667/mo rents and $361K home values.

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How 55122 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

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Cash Flow → Appreciation → Affordable →
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