Real Estate Investing in Franklin, Minnesota (55333)

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

Renville County • Population: 697 • Data updated: September 2026

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Should you buy in 55333 (Franklin, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (71/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (52/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 11.3% 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 Franklin, MN (55333)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $174,415
Avg Monthly Rent $945
1% Rule ✗ Does Not Meet
Median Income $70,536
% Renters 17.2%

Market Analysis: 55333 Franklin

Not every below-median market is a bargain. Franklin's 55333 ZIP sits at signals that favor experienced operators who can absorb the risk $174K pricing implies.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55333 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

ZIP 55333's metrics run below Renville County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.

The demographic picture in 55333 includes headwinds that any investor should price in. Income distribution skews lower than Franklin averages, and tenant stability requires active management.

The right play in 55333 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.

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 Franklin:

C+ Average
Buy Confidence Score: 69/100
Affordability
25/25
Appreciation
14/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Affordable
Homes cost 2.5× the median income
Value Trend
Rising (+11.9%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $945/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.

Market Trends

Home Value History (with trend line)

$182K$167K$153K$138K$124K$110KFeb 2018May 2022Jul 2026

📊 How Does 55333 Compare?

Metric 55333 Franklin Minnesota
Home Value $174,415 $174,415 $340,597
5-Year CAGR 2.6% 2.6% 4.9%
Avg Rent $945 $945 -
Cap Rate 4.2% 4.2% -
💡 Why Invest in 55333? 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 55333 (Franklin, MN). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
4.2%
Fair
5yr Growth
+2.6%
Slow

📊 Market Snapshot

Home Value $174,415
Monthly Rent $945
Price-to-Rent 15.4:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 6.5%
Cap Rate 4.2%
5-Year IRR 6.9%

📈 Home Appreciation

1-Year +11.9% ▲
3-Year CAGR +1.1% ▲
5-Year CAGR +2.6% ▲
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: 4.2%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.2%). 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
11.3%
Moderate risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+2.6%
Stable
Eviction process: Slow Rent control: Moderate

Demographics in 55333

Population: 697

💰 Median Household Income
$70,536
This area
$70,536
State
$77,168
USA
$74,580
🏠 Renter Occupied
17.2%
This area
17.2%
State
18.9%
USA
34.0%
💼 Unemployment Rate
0.8%
This area
0.8%
State
-3.2%
USA
3.7%
🎓 College Educated
11.7%
This area
11.7%
State
20.0%
USA
33.7%
👤 Median Age
45.9 years
This area
45.9 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
11.3%
This area
11.3%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 80.3%
Other/Mixed 13.2%
Hispanic/Latino 5.1%
Asian 4.0%
Black/African American 2.5%
👶 Under 18
22.9%
This area
22.9%
USA
22.0%
👴 65 and Over
21.9%
This area
21.9%
USA
17.3%
📊 Poverty Rate
14.4%
This area
14.4%
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 55333

A Avg School Grade
1 Schools
10.2:1 Avg Class Size
$17,941 Avg Per Pupil

Schools in This ZIP Code

A Very Good

CEDAR MOUNTAIN ELEMENTARY

📚 Pre-K – 05 Elementary
👥
170 Students
👨‍🏫
10.2:1 Class Size
💰
$17,941 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.

Frequently Asked Questions

Does Franklin, MN favor landlords or tenants?

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

Do rentals sit vacant long in Franklin, MN?

Franklin, MN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.

How should investors approach Franklin, MN?

Investors usually favor careful cash-flow rentals with hands-on management in Franklin, MN. With home values at $174K and rents near $945/mo, other strategies can work but produce measured rather than outsized returns.

Is Franklin, MN a good market for FHA house hackers?

The house hack math a challenging in Franklin, MN. Owner-occupant buyers benefit from the $945/mo rents and $174K home values.

What kind of tenants rent in Franklin, MN?

Tenant demand in Franklin, MN is solid. The local workforce $945/mo rents across most rental classes.

You know 55333 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 55333 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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