Real Estate Investing in Buffalo, Minnesota (55313)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55313 (Buffalo, 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.
What’s happening in Buffalo, MN (55313)?
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Market Analysis: 55313 Buffalo
ZIP 55313 inside Wright County looks affordable on the surface — median value of $387K — but the discount exists for reasons that a careful buyer should understand before committing.
On balance, the numbers look inviting — $387K purchase price, 0.0% nominal cap — the work to hit that pro forma in 55313 is substantial and deserves full respect.
Stepping back, 55313 offers a low basis, the region around Buffalo has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
The 55313 ZIP's population of 24,862 has faced economic pressure over the last decade. That pressure shows up in rent delinquency patterns that stands at the need for careful underwriting.
Strategy in 55313 is an operator game, not a passive one. From an investor standpoint, entry prices of $387K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Buffalo:
Property Strategy for 55313
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $287,653 | $1,520 | 3.8% | +6.0% | $143,827 |
| 3BR | $359,366 | $2,020 | 4.0% | +5.9% | $119,789 |
| 4BR | $411,622 | $2,270 | 4.0% | — | $102,905 |
| 5BR | $464,921 | — | — | +5.1% | $92,984 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55313 Compare?
| Metric | 55313 | Buffalo | Minnesota |
|---|---|---|---|
| Home Value | $387,020 | $387,020 | $340,597 |
| 5-Year CAGR | 3.4% | 3.4% | 4.9% |
| Avg Rent | $1,632 | $1,632 | - |
| Cap Rate | 3.3% | 3.3% | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55313 (Buffalo, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $387,020 |
| Monthly Rent | $1,632 |
| Price-to-Rent | 19.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.1% |
| Cap Rate | 3.3% |
| 5-Year IRR | 6.7% |
📈 Home Appreciation
| 1-Year | +4.8% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +3.4% ▲ |
| 10-Year CAGR | +5.6% ▲ |
🏠 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 (3.3%). 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 55313
Population: 24,862
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 55313
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 do tenants pay in Buffalo, MN?
The typical rental in Buffalo, MN commands about $1,632/mo monthly. That rent profile reliable cash flow against the $387K purchase basis.
How qualified is the tenant pool in Buffalo, MN?
Buffalo, MN draws a reliable base of working renters. Demand at the $1,632/mo rent level is reasonable for standard single-family and small multi rentals.
What price range are homes in Buffalo, MN?
Homes in Buffalo, MN typically sell near $387K. Prices have moved at a 0.0% 5-year CAGR, which steady long-term demand.
What is the investability score for Buffalo, MN?
With a 3.0/5 investability score, Buffalo, MN ranks as a solid market for rental property investors. Median prices of $387K and rents of $1,632/mo drive the underlying numbers.
Is MN a landlord-friendly state?
MN ranks as a balanced state for landlord-tenant law. Buffalo generally follows the statewide framework, so landlords face reasonable operating rules.
You know 55313 now. You don’t know where it ranks.
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How 55313 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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