Real Estate Investing in Rockford, Minnesota (55373)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55373 (Rockford, 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 Rockford, MN (55373)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55373 Rockford
ZIP 55373 inside Hennepin County looks affordable on the surface — median value of $382K — but the discount exists for reasons that a careful buyer should understand before committing.
On balance, the numbers look inviting — $382K purchase price, 0.0% nominal cap — the work to hit that pro forma in 55373 is substantial and deserves full respect.
In the broader MN picture, 55373 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
Put differently, 5,725 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The right play in 55373 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Rockford:
Property Strategy for 55373
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $316,635 | $1,530 | 3.5% | +5.5% | $158,317 |
| 3BR | $336,152 | $2,020 | 4.3% | +5.2% | $112,051 |
| 4BR | $435,193 | $2,270 | 3.8% | +5.2% | $108,798 |
| 5BR | $564,926 | — | — | +6.1% | $112,985 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55373 Compare?
| Metric | 55373 | Rockford | Minnesota |
|---|---|---|---|
| Home Value | $381,558 | $381,558 | $340,597 |
| 5-Year CAGR | 2.7% | 2.7% | 4.9% |
| Avg Rent | $1,500 | $1,500 | - |
| Cap Rate | 3.1% | 3.1% | - |
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 55373 (Rockford, 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 | $381,558 |
| Monthly Rent | $1,500 |
| Price-to-Rent | 21.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.7% |
| Cap Rate | 3.1% |
| 5-Year IRR | 5.7% |
📈 Home Appreciation
| 1-Year | +3.2% ▲ |
| 3-Year CAGR | +2.0% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +5.1% ▲ |
🏠 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 (3.1%). 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 55373
Population: 5,725
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 55373
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
Frequently Asked Questions
What price range are homes in Rockford, MN?
Expect median prices around $382K in Rockford, MN. The market has run at a 0.0% 5-year CAGR, so entry costs have been stable.
How deep is the rental pool in Rockford, MN?
Tenant quality in Rockford, MN ranks as solid. Landlords generally report even-keeled occupancy at market rents of $1,500/mo.
How should investors approach Rockford, MN?
The best-fit strategy in Rockford, MN is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.
Can I live-in-and-rent in Rockford, MN?
House hacking works a challenging in Rockford, MN. Rents of $1,500/mo against $382K acquisition make the strategy solid for owner-occupants.
How landlord-friendly is Rockford, MN?
Rockford, MN falls under MN landlord-tenant law, which is balanced. That backdrop makes day-to-day property management reasonable.
You know 55373 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55373 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.
How 55373 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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