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

Clear Lake, MN has a median modeled monthly cash flow of $-1,322 and a median cap rate of 1.9%, on a median sold price of $338,003. Prices changed -10.0% year over year.

What is the average cap rate in Clear Lake, MN?

The median cap rate across recently sold homes in Clear Lake, MN is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Clear Lake, MN?

The median sold price in Clear Lake, MN is $338,003 (about $216 per square foot).

Investing in Clear Lake, MN Real Estate

A data-driven snapshot of the Clear Lake, 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.

$338,003Median sold price

$216Median $/sqft

1.9%Median cap rate

$-1,322Modeled cash flow / mo

-10.0%Appreciation YoY

11.3Months of supply

78Active listings

83Sold (last 12 mo)

What the Clear Lake numbers say

In Clear Lake, MN, the median home sold for $338,003 (about $216 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,322 of monthly cash flow. Sold prices moved -10.0% over the past year. Inventory sits at about 11.3 months of supply — a looser, buyer-friendly market. 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 Clear Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Clear Lake, 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 Clear Lake deals, or browse the national market data.