Real Estate Investing in Minneapolis, Minnesota (55411)

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

Hennepin County • Population: 29,719 • Data updated: September 2026

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Should you buy in 55411 (Minneapolis, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (57/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 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
2 flags
  • Flat appreciation: Values have barely moved over 5 years (1.2% CAGR).
  • Elevated poverty: 24.4% poverty rate — can affect rent collection.

What’s happening in Minneapolis, MN (55411)?

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3.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $246,371
Avg Monthly Rent $1,743
1% Rule ✗ Does Not Meet
Median Income $48,997
% Renters 50.2%

Market Analysis: 55411 Minneapolis

In practical terms, ZIP 55411 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $246K median. It rewards specialists, not generalists.

The investment case in 55411 is sturdy only for operators who understand what they are buying. A $246K median suggests accessibility, but management intensity, vacancy drift, and capex surprises are real.

The gap between 55411 and stronger Minneapolis ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

The demographic picture in 55411 includes headwinds that any investor should price in. Income distribution skews lower than Minneapolis averages, and tenant stability requires active management.

The 55411 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.

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 Minneapolis:

C+ Average
Buy Confidence Score: 60/100
Affordability
10/25
Appreciation
14/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 5× the median income
Value Trend
Rising (+5.5%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,743/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.
🏠

Property Strategy for 55411

Which property type performs best in this market?

Best for Cash Flow
4BR
6.7% cap rate
Best for Appreciation
5BR
+3.5% 5yr CAGR
Best Overall Value
5BR
$54,788/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $187,118 $1,620 6.2% +2.7% $93,559
3BR $231,642 $2,140 6.7% +2.6% $77,214
4BR $258,427 $2,400 6.7% +3.0% $64,607
5BR $273,942 +3.5% $54,788

Market Trends

Home Value History (with trend line)

$264K$221K$178K$134K$91K$47KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$1,865$1,764$1,664$1,563$1,462$1,362Jan 2021Oct 2023Jul 2026

📊 How Does 55411 Compare?

Metric 55411 Minneapolis Minnesota
Home Value $246,371 $291,832 $340,597
5-Year CAGR 1.2% 1.0% 4.9%
Avg Rent $1,743 $1,706 -
Cap Rate 5.5% 4.3% -
💡 Why Invest in 55411? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

50% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 55411 (Minneapolis, MN). Anonymous, moderated, never written by AI.

Do you own or manage rentals in ZIP 55411 (Minneapolis, MN)?

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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

Small multifamily
Unclaimed — is this your business? Claim it free

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

Single-familySmall multifamilyCommercialHOA
Unclaimed — is this your business? Claim it free

Simply Residential Property Management offers expert management of single-family, condominiums, and multi-family dwellings throughout the Twin Cities. summary from their website

Single-familySmall multifamily
Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Investability
Good
Cap Rate
5.5%
Fair
5yr Growth
+1.2%
Slow

📊 Market Snapshot

Home Value $246,371
Monthly Rent $1,743
Price-to-Rent 11.8:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.5%
Cap Rate 5.5%
5-Year IRR 6.7%

📈 Home Appreciation

1-Year +5.5% ▲
3-Year CAGR +2.2% ▲
5-Year CAGR +1.2% ▲
10-Year CAGR +6.1% ▲

🏠 Rent Trends

1-Year -2.4% ▼
3-Year CAGR +2.4% ▲
5-Year CAGR +3.5% ▲
Negative Leverage — IRR / Tax Play Cap Rate: 5.5%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.5%). 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
6.9%
Low risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
+1.2%
Flat
Eviction process: Slow Rent control: Moderate

Demographics in 55411

Population: 29,719

💰 Median Household Income
$48,997
This area
$48,997
State
$77,168
USA
$74,580
🏠 Renter Occupied
50.2%
This area
50.2%
State
18.9%
USA
34.0%
💼 Unemployment Rate
5.4%
This area
5.4%
State
-3.2%
USA
3.7%
🎓 College Educated
21.9%
This area
21.9%
State
20.0%
USA
33.7%
👤 Median Age
29.1 years
This area
29.1 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
6.9%
This area
6.9%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
Black/African American 49.9%
White 23.9%
Other/Mixed 17.4%
Asian 8.9%
Hispanic/Latino 8.2%
👶 Under 18
34.8%
This area
34.8%
USA
22.0%
👴 65 and Over
8.5%
This area
8.5%
USA
17.3%
📊 Poverty Rate
24.4%
This area
24.4%
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 55411

B Avg School Grade
32 Schools
25.7:1 Avg Class Size
$23,370 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

North High

📚 09 – 12 High School
👥
509 Students
👨‍🏫
11.1:1 Class Size
💰
$26,112 Per Student
A+ Excellent

BETHUNE ELEMENTARY

📚 Pre-K – 05 Elementary
👥
233 Students
👨‍🏫
10.1:1 Class Size
💰
$26,112 Per Student
A+ Excellent

Hall Academy Elementary

📚 Pre-K – 05 Elementary
👥
215 Students
👨‍🏫
10.7:1 Class Size
💰
$26,112 Per Student
A+ Excellent

Hmong International Elementary

📚 Pre-K – 05 Elementary
👥
208 Students
👨‍🏫
8.0:1 Class Size
💰
$26,112 Per Student
A+ Excellent

MPS Online 6-12

📚 06 – 12 High School
👥
318 Students
👨‍🏫
13.2:1 Class Size
💰
$26,112 Per Student
A+ Excellent

Best Academy

📚 K – 08 School Charter
👥
547 Students
👨‍🏫
12.9:1 Class Size
💰
$25,694 Per Student
A+ Excellent

Franklin Middle

📚 06 – 08 Middle
👥
291 Students
👨‍🏫
12.3:1 Class Size
💰
$26,112 Per Student
A+ Excellent

NELLIE STONE JOHNSON ELEMENTARY

📚 Pre-K – 05 Elementary
👥
258 Students
👨‍🏫
12.8:1 Class Size
💰
$26,112 Per Student
A Very Good

MPS Online K-5

📚 K – 05 Elementary
👥
59 Students
👨‍🏫
5.0:1 Class Size
💰
$26,112 Per Student
A Very Good

Wakanda Virtual Academy

📚 K – 08 School Charter
👥
76 Students
👨‍🏫
10.7:1 Class Size
💰
$25,694 Per Student
B+ Above Average

Minneapolis Academy & Career Center

📚 09 – 12 High School
👥
63 Students
👨‍🏫
11.4:1 Class Size
💰
$26,112 Per Student
B+ Above Average

Legacy of Dr Josie R Johnson Montes

📚 K – 06 School Charter
👥
53 Students
👨‍🏫
16.7:1 Class Size
💰
$35,588 Per Student
B Good

UNITY CAMPUS

📚 09 – 12 High School Charter
👥
81 Students
👨‍🏫
16.7:1 Class Size
💰
$19,574 Per Student
B Good

Banaadir Secondary

📚 07 – 12 High School Charter
👥
112 Students
👨‍🏫
12.8:1 Class Size
💰
$13,698 Per Student
B Good

KIPP Legacy Academy

📚 05 – 08 School Charter Limited Data
💰
$24,625 Per Student
B Good

KIPP Legacy Primary

📚 K – 04 Elementary Charter Limited Data
💰
$24,625 Per Student
B Good

Mastery School

📚 K – 05 Elementary Charter Limited Data
💰
$25,694 Per Student
B Good

Nonpublic Shared Time

📚 K – 12 K-12
👥
108 Students
💰
$26,112 Per Student
B Good

Banaadir Academy

📚 05 – 06 School Charter
👥
39 Students
👨‍🏫
7.9:1 Class Size
💰
$13,698 Per Student
B Good

Prekindergarten North

📚 Grade PK Elementary Limited Data
👥
7 Students
💰
$26,112 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.

🎓 Nearby Colleges & Universities

8 Nearby 3,134 Off-Campus Students
C
Summit Academy Opportunities Industrialization Center
270 students · 1.1 mi
C
Dunwoody College of Technology
1,424 students · 1.9 mi
C
Minneapolis Community and Technical College
6,269 students · 2.0 mi
D
Walden University
44,223 students · 2.0 mi
D
Capella University
43,915 students · 2.1 mi
D
Aveda Arts & Sciences Institute Minneapolis
608 students · 2.3 mi
C
North Central University
984 students · 2.8 mi
C+
Bethlehem College & Seminary
194 students · 3.0 mi

Investor Insight: With 3,134 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

How much does a house cost in Minneapolis, MN?

Median home price in Minneapolis, MN is near $246K, with a 5-year CAGR of 0.0%. Prices have been stable and supportive of buy-and-hold strategies.

Do rentals sit vacant long in Minneapolis, MN?

Occupancy in Minneapolis, MN runs even-keeled with elevated vacancy. Well-priced units at $1,743/mo lease on reasonable timelines.

What is the smart move for investors in Minneapolis, MN?

A careful cash-flow rentals with hands-on management strategy Minneapolis, MN best. The market produces even-keeled results for that approach at the $246K price point.

Is Minneapolis, MN landlord-friendly?

The landlord environment in Minneapolis, MN is balanced. Statewide rules shape most day-to-day operations for rental owners.

What do landlords charge for rent in Minneapolis, MN?

The typical rental in Minneapolis, MN commands about $1,743/mo monthly. That rent profile steady cash flow against the $246K purchase basis.

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How 55411 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

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