Real Estate Investing in La Crescent, Minnesota (55947)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 55947 (La Crescent, 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.
- High price-to-rent: Price-to-rent ratio 29.9 — hard to cash-flow at these prices.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in La Crescent, MN (55947)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 55947 La Crescent
ZIP 55947 inside Houston County looks affordable on the surface — median value of $368K — but the discount exists for reasons that a careful buyer should understand before committing.
For an experienced owner, 55947 can be a a strong candidate for hunting ground — but the discount at $368K reflects genuine risk that outside investors often underestimate.
The gap between 55947 and stronger La Crescent ZIPs is not closing quickly. Investors should weight long-horizon assumptions accordingly.
Demographically, 55947 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
The right play in 55947 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in La Crescent:
Property Strategy for 55947
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $271,941 | $1,140 | 3.0% | +9.2% | $135,970 |
| 3BR | $333,125 | $1,480 | 3.2% | +8.0% | $111,042 |
| 4BR | $425,035 | $1,840 | 3.1% | +7.3% | $106,259 |
| 5BR | $491,338 | — | — | +8.4% | $98,268 |
Market Trends
Home Value History (with trend line)
📊 How Does 55947 Compare?
| Metric | 55947 | La Crescent | Minnesota |
|---|---|---|---|
| Home Value | $368,403 | $368,403 | $340,597 |
| 5-Year CAGR | 6.5% | 6.5% | 4.9% |
| Avg Rent | $1,026 | $1,026 | - |
| Cap Rate | 2.2% | 2.2% | - |
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 55947 (La Crescent, MN). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $368,403 |
| Monthly Rent | $1,026 |
| Price-to-Rent | 29.9:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 3.3% |
| Cap Rate | 2.2% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +6.0% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +6.5% ▲ |
| 10-Year CAGR | +6.3% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.2%). 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 55947
Population: 7,319
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 55947
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 1,771 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the median home value in La Crescent, MN?
Median home price in La Crescent, MN is near $368K, with a 5-year CAGR of 0.0%. Prices have been reliable and supportive of buy-and-hold strategies.
Do rentals sit vacant long in La Crescent, MN?
Vacancy in La Crescent, MN is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,026/mo.
What kind of tenants rent in La Crescent, MN?
Expect a solid tenant pool in La Crescent, MN. The rental market absorbs $1,026/mo rents without meaningful friction.
Is La Crescent, MN a friendly market for rental owners?
The landlord environment in La Crescent, MN is balanced. Statewide rules shape most day-to-day operations for rental owners.
How do experienced investors play La Crescent, MN?
Most investors in La Crescent, MN run a careful cash-flow rentals with hands-on management strategy. It aligns with the 3.0/5 investability profile and the market fundamentals.
You know 55947 now. You don’t know where it ranks.
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