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

Cloquet, MN has a median modeled monthly cash flow of $-683 and a median cap rate of 3.1%, on a median sold price of $270,000. Prices changed +8.6% year over year.

What is the average cap rate in Cloquet, MN?

The median cap rate across recently sold homes in Cloquet, MN is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cloquet, MN?

The median sold price in Cloquet, MN is $270,000 (about $183 per square foot).

Investing in Cloquet, MN Real Estate

A data-driven snapshot of the Cloquet, 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.

$270,000Median sold price

$183Median $/sqft

3.1%Median cap rate

$-683Modeled cash flow / mo

+8.6%Appreciation YoY

4.6Months of supply

71Active listings

187Sold (last 12 mo)

What the Cloquet numbers say

In Cloquet, MN, the median home sold for $270,000 (about $183 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-683 of monthly cash flow. Sold prices moved +8.6% over the past year. Inventory sits at about 4.6 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 Cloquet cash-flowing listings

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