Is Bemidji, MN a good place to invest in rental property?

Bemidji, MN has a median modeled monthly cash flow of $-718 and a median cap rate of 3.6%, on a median sold price of $270,300. Prices changed +2.9% year over year.

What is the average cap rate in Bemidji, MN?

The median cap rate across recently sold homes in Bemidji, MN is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bemidji, MN?

The median sold price in Bemidji, MN is $270,300 (about $160 per square foot).

Investing in Bemidji, MN Real Estate

A data-driven snapshot of the Bemidji, MN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$270,300Median sold price

$160Median $/sqft

3.6%Median cap rate

$-718Modeled cash flow / mo

+2.9%Appreciation YoY

6.2Months of supply

189Active listings

365Sold (last 12 mo)

What the Bemidji numbers say

In Bemidji, MN, the median home sold for $270,300 (about $160 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-718 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 6.2 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Minnesota markets to compare

See Bemidji cash-flowing listings

CashFlowRE ranks every for-sale home in Bemidji, MN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Bemidji deals, or browse the national market data.