Real Estate Investing in Glenville, Minnesota (56036)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 56036 (Glenville, 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.
- Elevated vacancy: 8.1% vacancy may signal weakening demand.
• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.
What’s happening in Glenville, MN (56036)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 56036 Glenville
On balance, ZIP 56036 has challenges — vacancy pressure, softer price growth, and tenant stability concerns sit alongside the $244K median. It rewards specialists, not generalists.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $244K asset, 56036 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader MN picture, 56036 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
A resilient renter share of 16% in 56036 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Strategically, 56036 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.
Here's what matters if you're considering buying a home in Glenville:
Property Strategy for 56036
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $174,278 | $1,030 | 4.3% | +8.4% | $87,139 |
| 3BR | $235,905 | $1,360 | 4.2% | +8.3% | $78,635 |
| 4BR | $268,789 | $1,510 | 4.0% | +7.9% | $67,197 |
Market Trends
Home Value History (with trend line)
📊 How Does 56036 Compare?
| Metric | 56036 | Glenville | Albert Lea, MN | Minnesota |
|---|---|---|---|---|
| Home Value | $244,333 | $244,333 | N/A | $340,597 |
| 5-Year CAGR | 6.8% | 6.8% | N/A | 4.9% |
| Avg Rent | $927 | $927 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
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 56036 (Glenville, MN). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 56036 (Glenville, MN)?
~25 seconds · no account needed · your report is anonymous
📊 Market Snapshot
| Home Value | $244,333 |
| Monthly Rent | $927 |
| Price-to-Rent | 22.0:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 9.8% |
📈 Home Appreciation
| 1-Year | +10.5% ▲ |
| 3-Year CAGR | +5.7% ▲ |
| 5-Year CAGR | +6.8% ▲ |
| 10-Year CAGR | +7.8% ▲ |
🏠 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 (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 56036
Population: 1,766
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 56036
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 1,454 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What is the investability score for Glenville, MN?
With a 3.0/5 investability score, Glenville, MN ranks as a solid market for rental property investors. Median prices of $244K and rents of $927/mo drive the underlying numbers.
Is vacancy a concern in Glenville, MN?
Occupancy in Glenville, MN runs stable with elevated vacancy. Well-priced units at $927/mo lease on reasonable timelines.
Is the tenant base reliable in Glenville, MN?
Glenville, MN offers a consistent renter base at the $927/mo rent level. Tenant turnover is reasonable for well-managed properties.
How do experienced investors play Glenville, MN?
For Glenville, MN, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
Are rents high in Glenville, MN?
Average rent in Glenville, MN is approximately $927/mo per month. Against $244K home values that yields a reasonable rent-to-price ratio.
You know 56036 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 56036 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 56036 ranks in Albert Lea, MN
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 56036 (Glenville)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 56036 (Glenville, MN).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.