Real Estate Investing in Hopkins, Minnesota (55343)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55343 (Hopkins, 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 Hopkins, MN (55343)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55343 Hopkins
In practical terms, ZIP 55343 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $352K median. It rewards specialists, not generalists.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55343 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Statewide comparisons place 55343 among MN's softer markets. That context does not make the ZIP uninvestable, but it does raise the bar for due diligence.
The demographic picture in 55343 includes headwinds that any investor should price in. Income distribution skews lower than Hopkins averages, and tenant stability requires active management.
New investors are better served looking at Hopkins's stable or hybrid ZIPs before stepping into 55343. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hopkins:
Property Strategy for 55343
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $130,722 | $1,480 | 8.2% | +2.3% | $130,722 |
| 2BR | $247,770 | $1,800 | 5.2% | +3.3% | $123,885 |
| 3BR | $375,667 | $2,380 | 4.6% | +4.2% | $125,222 |
| 4BR | $488,502 | $2,670 | 3.9% | +4.8% | $122,126 |
| 5BR | $671,137 | — | — | +5.4% | $134,227 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55343 Compare?
| Metric | 55343 | Hopkins | Minnesota |
|---|---|---|---|
| Home Value | $351,912 | $351,912 | $340,597 |
| 5-Year CAGR | 2.7% | 2.7% | 4.9% |
| Avg Rent | $1,650 | $1,650 | - |
| Cap Rate | 3.7% | 3.7% | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 55343 (Hopkins, MN). Anonymous, moderated, never written by AI.
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Property managers serving Hennepin County
Manage rentals here? List your business →JJS Property Management of Central Minnesota offers a wide choice of apartments in various areas including Avon, Buffalo, Milaca, Monticello, Royalton, Sartell, Sauk Rapids, St. Cloud, and St. Joseph. summary from their website
MGM Property Management, LLC provides property management services for rental properties, homeowner associations, and commercial tenants in the Twin Cities, Rochester, and St. Cloud areas. summary from their website
Simply Residential Property Management offers expert management of single-family, condominiums, and multi-family dwellings throughout the Twin Cities. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $351,912 |
| Monthly Rent | $1,650 |
| Price-to-Rent | 17.8:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.6% |
| Cap Rate | 3.7% |
| 5-Year IRR | 6.4% |
📈 Home Appreciation
| 1-Year | +5.4% ▲ |
| 3-Year CAGR | +2.5% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +5.3% ▲ |
🏠 Rent Trends
| 1-Year | +6.7% ▲ |
| 3-Year CAGR | +5.6% ▲ |
| 5-Year CAGR | +5.2% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.7%). 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.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 55343
Population: 26,482
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 55343
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.
🎓 Nearby Colleges & Universities
Investor Insight: With 6,135 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How quickly do rentals get leased in Hopkins, MN?
Hopkins, MN vacancy trends elevated. Investors running standard buy-and-hold plays see reasonable downtime between tenants.
Can I live-in-and-rent in Hopkins, MN?
House hacking in Hopkins, MN is reasonable to execute. Prices around $352K and rents of $1,650/mo solid owner-occupant economics.
How strong is Hopkins, MN for real estate investors?
Yes - Hopkins, MN a 3.0/5 investability score. With $352K home prices against $1,650/mo monthly rent, the market delivers a reasonable entry point for new investors.
What type of investing works in Hopkins, MN?
For Hopkins, MN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
How much is rent in Hopkins, MN?
The typical rental in Hopkins, MN commands about $1,650/mo monthly. That rent profile predictable cash flow against the $352K purchase basis.
You know 55343 now. You don’t know where it ranks.
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How 55343 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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