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

Crookston, MN has a median modeled monthly cash flow of $-344 and a median cap rate of 4.2%, on a median sold price of $177,450. Prices changed +7.6% year over year.

What is the average cap rate in Crookston, MN?

The median cap rate across recently sold homes in Crookston, MN is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Crookston, MN?

The median sold price in Crookston, MN is $177,450 (about $106 per square foot).

Investing in Crookston, MN Real Estate

A data-driven snapshot of the Crookston, 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.

$177,450Median sold price

$106Median $/sqft

4.2%Median cap rate

$-344Modeled cash flow / mo

+7.6%Appreciation YoY

5.7Months of supply

39Active listings

82Sold (last 12 mo)

What the Crookston numbers say

In Crookston, MN, the median home sold for $177,450 (about $106 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-344 of monthly cash flow. Sold prices moved +7.6% over the past year. Inventory sits at about 5.7 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 Crookston cash-flowing listings

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