Real Estate Investing in Minneapolis, Minnesota (55417)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55417 (Minneapolis, MN)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
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 (55417)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55417 Minneapolis
Not every below-median market is a bargain. Minneapolis's 55417 ZIP registers signals that favor experienced operators who can absorb the risk $384K pricing implies.
Distressed does not mean uninvestable. It means the margin for error is thinner. ZIP 55417 rewards the prepared, punishes the overconfident, and leaves the math unchanged either way.
Regionally, 55417 sits on the difficult end of the MN spectrum. The an appealing option for read — for disciplined operators — is that pricing reflects the difficulty.
Who lives in 55417 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 55417 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 Minneapolis:
Property Strategy for 55417
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $203,746 | $1,390 | 4.9% | +3.3% | $203,746 |
| 2BR | $293,809 | $1,690 | 4.1% | +3.4% | $146,905 |
| 3BR | $386,090 | $2,240 | 4.2% | +3.5% | $128,697 |
| 4BR | $475,049 | $2,500 | 3.8% | +3.9% | $118,762 |
| 5BR | $536,691 | — | — | +4.1% | $107,338 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 55417 Compare?
| Metric | 55417 | Minneapolis | Minnesota |
|---|---|---|---|
| Home Value | $384,261 | $291,832 | $340,597 |
| 5-Year CAGR | 2.6% | 1.0% | 4.9% |
| Avg Rent | $1,936 | $1,706 | - |
| Cap Rate | 3.9% | 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 55417 (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 | $384,261 |
| Monthly Rent | $1,936 |
| Price-to-Rent | 16.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.0% |
| Cap Rate | 3.9% |
| 5-Year IRR | 6.5% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +2.9% ▲ |
| 5-Year CAGR | +2.6% ▲ |
| 10-Year CAGR | +4.6% ▲ |
🏠 Rent Trends
| 1-Year | +9.0% ▲ |
| 3-Year CAGR | +5.9% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.9%). 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 55417
Population: 25,677
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 55417
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
SULLIVAN ELEMENTARY
BANCROFT ELEMENTARY
DOWLING ELEMENTARY
Seward Elementary
Early Childhood Special Education
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
Does Minneapolis, MN make sense for an investment property?
Minneapolis, MN reflects an investability rating of 3.0/5, with median home values near $384K and average rents around $1,936/mo. That combination puts it in the robust tier for investor interest.
What are rental rates like in Minneapolis, MN?
Rents in Minneapolis, MN run near $1,936/mo. Compared with median home prices of $384K that produces solid gross yields for typical rentals.
Is rental property easy to operate in Minneapolis, MN?
MN law balanced for landlords, and Minneapolis inherits those rules. Investors should still review local ordinances for rental licensing.
Are there empty rentals in Minneapolis, MN?
Vacancy risk in Minneapolis, MN is elevated. That supports consistent cash flow for typical rental holds.
Does house hacking work 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.
You know 55417 now. You don’t know where it ranks.
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How 55417 ranks in Minneapolis-St. Paul-Bloomington, MN-WI
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