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

Duluth, MN has a median modeled monthly cash flow of $-370 and a median cap rate of 4.8%, on a median sold price of $292,500. Prices changed +3.7% year over year.

What is the average cap rate in Duluth, MN?

The median cap rate across recently sold homes in Duluth, MN is 4.8%, 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 $292,500 (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.

$292,500Median sold price

$194Median $/sqft

4.8%Median cap rate

$-370Modeled cash flow / mo

+3.7%Appreciation YoY

7.8Months of supply

711Active listings

1,087Sold (last 12 mo)

What the Duluth numbers say

In Duluth, MN, the median home sold for $292,500 (about $194 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-370 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 7.8 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 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.