Real Estate Investing in Rogers, Minnesota (55374)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55374 (Rogers, 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 Rogers, MN (55374)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55374 Rogers
The 55374 ZIP covers a section of Rogers that demands careful diligence. Prices near $482K look accessible, but the work to make a deal cash flow is real.
From a cash-flow lens, the numbers look inviting — $482K purchase price, 0.0% nominal cap — the work to hit that pro forma in 55374 is substantial and deserves full respect.
In practical terms, 55374 offers a low basis, the region around Rogers has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A solid renter share of 11% in 55374 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 55374 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Rogers:
Property Strategy for 55374
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $421,149 | $1,840 | 3.1% | +3.6% | $210,575 |
| 3BR | $415,844 | $2,440 | 4.2% | +4.4% | $138,615 |
| 4BR | $503,653 | $2,720 | 3.9% | +4.7% | $125,913 |
| 5BR | $526,722 | — | — | +5.1% | $105,344 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55374 Compare?
| Metric | 55374 | Rogers | Minnesota |
|---|---|---|---|
| Home Value | $481,674 | $481,674 | $340,597 |
| 5-Year CAGR | 2.7% | 2.7% | 4.9% |
| Avg Rent | $2,096 | $2,096 | - |
| Cap Rate | 3.4% | 3.4% | - |
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 55374 (Rogers, 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 | $481,674 |
| Monthly Rent | $2,096 |
| Price-to-Rent | 19.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.2% |
| Cap Rate | 3.4% |
| 5-Year IRR | 6.1% |
📈 Home Appreciation
| 1-Year | +3.1% ▲ |
| 3-Year CAGR | +1.3% ▲ |
| 5-Year CAGR | +2.7% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 Rent Trends
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.4%). 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 55374
Population: 15,812
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 55374
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 6,491 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the typical home price in Rogers, MN?
In Rogers, MN the median home value sits at $482K. Against the broader MN market, that reads as reasonable for most investors.
How quickly do rentals get leased in Rogers, MN?
Vacancy risk in Rogers, MN is elevated. That supports steady cash flow for typical rental holds.
What is the renter demographic in Rogers, MN?
Rogers, MN offers a consistent renter base at the $2,096/mo rent level. Tenant turnover is reasonable for well-managed properties.
How landlord-friendly is Rogers, MN?
The landlord environment in Rogers, MN is balanced. Statewide rules shape most day-to-day operations for rental owners.
What real estate strategy is ideal for Rogers, MN?
Rogers, MN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($482K prices, $2,096/mo rents) make it a reasonable choice.
You know 55374 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 55374 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 55374 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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