Real Estate Investing in Minneapolis, Minnesota (55410)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55410 (Minneapolis, 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 Minneapolis, MN (55410)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55410 Minneapolis
Not every below-median market is a bargain. Minneapolis's 55410 ZIP reports signals that favor experienced operators who can absorb the risk $605K pricing implies.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $605K asset, 55410 is the wrong submarket. If the plan prices in friction, the yield can still work.
ZIP 55410's metrics run below Hennepin County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
On the rental side, 20,361 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.
Strategy in 55410 is an operator game, not a passive one. Stepping back, entry prices of $605K are inviting, the management lift is real and non-optional.
Here's what matters if you're considering buying a home in Minneapolis:
Property Strategy for 55410
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $214,823 | $1,630 | 5.5% | +1.1% | $214,823 |
| 2BR | $418,474 | $1,980 | 3.4% | +3.7% | $209,237 |
| 3BR | $540,429 | $2,620 | 3.5% | +4.2% | $180,143 |
| 4BR | $757,836 | $2,930 | 2.8% | +4.6% | $189,459 |
| 5BR | $1,173,206 | — | — | +5.2% | $234,641 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55410 Compare?
| Metric | 55410 | Minneapolis | Minnesota |
|---|---|---|---|
| Home Value | $604,651 | $291,832 | $340,597 |
| 5-Year CAGR | 3.6% | 1.0% | 4.9% |
| Avg Rent | $2,323 | $1,706 | - |
| Cap Rate | 3.0% | 4.3% | - |
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 55410 (Minneapolis, 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 | $604,651 |
| Monthly Rent | $2,323 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 6.6% |
📈 Home Appreciation
| 1-Year | +6.9% ▲ |
| 3-Year CAGR | +4.0% ▲ |
| 5-Year CAGR | +3.6% ▲ |
| 10-Year CAGR | +4.0% ▲ |
🏠 Rent Trends
| 1-Year | -15.9% ▼ |
| 3-Year CAGR | -1.4% ▼ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 55410
Population: 20,361
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 55410
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
LYNDALE ELEMENTARY
Green Central Elementary
SUSAN LINDGREN ELEMENTARY
CORNELIA ELEMENTARY
COUNTRYSIDE ELEMENTARY
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 3,134 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How does Minneapolis, MN rate as a rental market?
Investors tracking Minneapolis, MN will find a 3.0/5 rating supported by $605K median home values and $2,323/mo rents. That profile suits long-term holders targeting steady returns.
How much is rent in Minneapolis, MN?
Rental rates in Minneapolis, MN average $2,323/mo. Tenant demand and $605K home values make the yield look reasonable by investor standards.
Are tenants stable in Minneapolis, MN?
Expect a solid tenant pool in Minneapolis, MN. The rental market absorbs $2,323/mo rents without meaningful friction.
Does Minneapolis, MN favor landlords or tenants?
For rental operators, Minneapolis, MN rates as balanced. The regulatory environment standard buy-and-hold operations.
Which real estate strategy fits Minneapolis, MN?
For Minneapolis, MN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 55410 now. You don’t know where it ranks.
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How 55410 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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