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

Clear Lake, MN has a median modeled monthly cash flow of $-1,310 and a median cap rate of 2.0%, on a median sold price of $337,400. Prices changed -10.6% 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 2.0%, 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 $337,400 (about $202 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.

$337,400Median sold price

$202Median $/sqft

2.0%Median cap rate

$-1,310Modeled cash flow / mo

-10.6%Appreciation YoY

14.5Months of supply

75Active listings

62Sold (last 12 mo)

What the Clear Lake numbers say

In Clear Lake, MN, the median home sold for $337,400 (about $202 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,310 of monthly cash flow. Sold prices moved -10.6% over the past year. Inventory sits at about 14.5 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.