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

Duluth, MN has a median modeled monthly cash flow of $-341 and a median cap rate of 4.9%, on a median sold price of $290,000. Prices changed +5.2% year over year.

What is the average cap rate in Duluth, MN?

The median cap rate across recently sold homes in Duluth, MN is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Duluth, MN?

The median sold price in Duluth, MN is $290,000 (about $194 per square foot).

Investing in Duluth, MN Real Estate

A data-driven snapshot of the Duluth, 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.

$290,000Median sold price

$194Median $/sqft

4.9%Median cap rate

$-341Modeled cash flow / mo

+5.2%Appreciation YoY

5.4Months of supply

476Active listings

1,067Sold (last 12 mo)

What the Duluth numbers say

In Duluth, MN, the median home sold for $290,000 (about $194 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-341 of monthly cash flow. Sold prices moved +5.2% over the past year. Inventory sits at about 5.4 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 Duluth cash-flowing listings

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