Real Estate Investing in Minneapolis, Minnesota (55414)

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

Hennepin County • Population: 33,739 • Data updated: September 2026

☆ Watch this market Free account

Should you buy in 55414 (Minneapolis, MN)? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (30/100)

Multiple negative signals. Better options likely exist nearby.

📈 For Investors
WEAK
2.0 / 5 (33/100)

Structural challenges here. The numbers may look cheap but operational risk is high. Only for experienced, hands-on investors.

⚠️ Risks to Know
2 flags
  • Declining values: -0.7% 5-year CAGR — values have moved lower.
  • Elevated vacancy: 10.4% vacancy may signal weakening demand.

What’s happening in Minneapolis, MN (55414)?

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2.0/ 5

Investability

Overall investment appeal

1.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $347,009
Avg Monthly Rent $1,485
1% Rule ✗ Does Not Meet
Median Income $47,479
% Renters 83.5%

Market Analysis: 55414 Minneapolis

Put differently, ZIP 55414 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $347K median. It rewards specialists, not generalists.

Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55414 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.

The gap between 55414 and stronger Minneapolis ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.

Employment concentration in 55414 leans toward sectors with higher volatility. The demographic consequence is income fluctuation that investors need to factor into their pro forma.

Strategically, 55414 can be a high-return sleeve of a diversified portfolio — but it should not be the whole portfolio, and it should not be someone's first deal.

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:

D Needs Caution
Buy Confidence Score: 46/100
Affordability
5/25
Appreciation
5/25
Stability
13/20
Timing
8/15
Rental backup
15/15
Affordability
Expensive
Homes cost 7.3× the median income
Value Trend
Rising (+3.7%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $1,485/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
🏠

Property Strategy for 55414

Which property type performs best in this market?

Best for Cash Flow
4BR
4.9% cap rate
Best for Appreciation
5BR
+1.1% 5yr CAGR
Best Overall Value
5BR
$79,699/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $228,754 $1,400 4.4% +0.6% $228,754
2BR $340,862 $1,700 3.6% -0.3% $170,431
3BR $345,569 $2,250 4.7% +0.8% $115,190
4BR $368,835 $2,520 4.9% +0.9% $92,209
5BR $398,493 +1.1% $79,699

Market Trends

Home Value History (with trend line)

$386K$347K$309K$271K$232K$194KJul 2006Jul 2016Jul 2026

Rent History (with trend line)

$2,766$2,488$2,210$1,932$1,654$1,376Nov 2016Sep 2021Jul 2026

📊 How Does 55414 Compare?

Metric 55414 Minneapolis Minnesota
Home Value $347,009 $291,832 $340,597
5-Year CAGR N/A 1.0% 4.9%
Avg Rent $1,485 $1,706 -
Cap Rate 3.3% 4.3% -
💡 Why Invest in 55414? Click to expand

84% of households rent in this area, creating consistent tenant demand for landlords.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 55414 (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

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

Investability
Fair
Cap Rate
3.3%
Low
5yr Growth
-0.7%
Declining

📊 Market Snapshot

Home Value $347,009
Monthly Rent $1,485
Price-to-Rent 19.5:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 5.1%
Cap Rate 3.3%
5-Year IRR 2.7%

📈 Home Appreciation

1-Year +3.7% ▲
3-Year CAGR -0.1% ▼
5-Year CAGR -0.7% ▼
10-Year CAGR +2.6% ▲

🏠 Rent Trends

1-Year -43.7% ▼
3-Year CAGR -15.8% ▼
5-Year CAGR -8.6% ▼
Negative Leverage — IRR / Tax Play Cap Rate: 3.3%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.3%). 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
10.4%
Moderate risk
Landlord Climate
3.0/5
Balanced
Value Trend (5yr)
-0.7%
Flat
Eviction process: Slow Rent control: Moderate

Demographics in 55414

Population: 33,739

💰 Median Household Income
$47,479
This area
$47,479
State
$77,168
USA
$74,580
🏠 Renter Occupied
83.5%
This area
83.5%
State
18.9%
USA
34.0%
💼 Unemployment Rate
3.8%
This area
3.8%
State
-3.2%
USA
3.7%
🎓 College Educated
67.4%
This area
67.4%
State
20.0%
USA
33.7%
👤 Median Age
22.8 years
This area
22.8 years
State
37.2 years
USA
38.9 years
🏚️ Vacancy Rate
10.4%
This area
10.4%
State
17.0%
USA
10.5%
👥 Population by Ethnicity
White 69.8%
Asian 13.0%
Other/Mixed 10.0%
Black/African American 7.0%
Hispanic/Latino 5.2%
👶 Under 18
4.3%
This area
4.3%
USA
22.0%
👴 65 and Over
5.8%
This area
5.8%
USA
17.3%
📊 Poverty Rate
8.5%
This area
8.5%
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 55414

B+ Avg School Grade
5 Schools
10.7:1 Avg Class Size
$23,675 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

Marcy Elementary

📚 Pre-K – 05 Elementary
👥
424 Students
👨‍🏫
11.8:1 Class Size
💰
$26,112 Per Student
A+ Excellent

PRATT ELEMENTARY

📚 Pre-K – 05 Elementary
👥
187 Students
👨‍🏫
9.8:1 Class Size
💰
$26,112 Per Student
A+ Excellent

Venture Academy High School

📚 09 – 12 High School Charter
👥
226 Students
👨‍🏫
11.5:1 Class Size
💰
$26,342 Per Student
B Good

MTS PEASE ACADEMY

📚 09 – 12 High School Charter
👥
21 Students
👨‍🏫
9.7:1 Class Size
💰
$13,698 Per Student
C+ Average

RONALD MCDONALD HOUSE

📚 K – 12 K-12 Limited Data
👥
8 Students
💰
$26,112 Per Student

Nearby Schools (5 more)

Schools in adjacent ZIP codes that may serve this area

A+ Excellent

PILLSBURY ELEMENTARY

📚 Pre-K – 05 Elementary
📍 2250 GARFIELD ST NE, MINNEAPOLIS
👥
359 Students
👨‍🏫
9.7:1 Class Size
💰
$26,112 Per Student
A+ Excellent

SULLIVAN ELEMENTARY

📚 Pre-K – 08 School
📍 3100 E 28TH ST, MINNEAPOLIS
👥
598 Students
👨‍🏫
11.0:1 Class Size
💰
$26,112 Per Student
A+ Excellent

Whittier Elementary

📚 Pre-K – 05 Elementary
📍 315 WEST 26TH ST, MINNEAPOLIS
👥
403 Students
👨‍🏫
11.5:1 Class Size
💰
$26,112 Per Student
A+ Excellent

Webster Elementary

📚 Pre-K – 05 Elementary
📍 425 5TH STREET NE, MINNEAPOLIS
👥
268 Students
👨‍🏫
11.5:1 Class Size
💰
$26,112 Per Student
A+ Excellent

CHELSEA HEIGHTS ELEMENTARY

📚 Pre-K – 05 Elementary
📍 1557 HURON ST, SAINT PAUL
👥
323 Students
👨‍🏫
12.6:1 Class Size
💰
$24,161 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 4,006 Off-Campus Students
B+
University of Minnesota-Twin Cities
54,890 students · 0.6 mi
C
Augsburg University
3,161 students · 1.1 mi
D
Aveda Arts & Sciences Institute Minneapolis
608 students · 1.5 mi
C
Luther Seminary
348 students · 1.5 mi
D
United Theological Seminary of the Twin Cities
244 students · 1.6 mi
C+
Bethlehem College & Seminary
194 students · 1.6 mi
C
North Central University
984 students · 1.9 mi
D
Walden University
44,223 students · 2.0 mi

Investor Insight: With 4,006 students living off-campus nearby, this area has strong rental demand from the college population.

Frequently Asked Questions

Is Minneapolis, MN a good place for real estate investing?

Yes - Minneapolis, MN a 2.0/5 investability score. With $347K home prices against $1,485/mo monthly rent, the market delivers a reasonable entry point for new investors.

How tight is the rental market in Minneapolis, MN?

Minneapolis, MN carries elevated vacancy risk. Expect reliable absorption at market rents of $1,485/mo.

Is it easy to find good tenants in Minneapolis, MN?

Tenant demand in Minneapolis, MN is solid. The local workforce $1,485/mo rents across most rental classes.

Does a duplex house hack pencil in Minneapolis, MN?

The a challenging house-hack environment in Minneapolis, MN reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

How strong are rents in Minneapolis, MN?

The typical rental in Minneapolis, MN commands about $1,485/mo monthly. That rent profile consistent cash flow against the $347K purchase basis.

You know 55414 now. You don’t know where it ranks.

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How 55414 ranks in Minneapolis-St. Paul-Bloomington, MN-WI

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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