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

Edina, MN has a median modeled monthly cash flow of $-2,545 and a median cap rate of 1.8%, on a median sold price of $700,000. Prices changed +1.1% year over year.

What is the average cap rate in Edina, MN?

The median cap rate across recently sold homes in Edina, MN is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Edina, MN?

The median sold price in Edina, MN is $700,000 (about $270 per square foot).

Investing in Edina, MN Real Estate

A data-driven snapshot of the Edina, 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.

$700,000Median sold price

$270Median $/sqft

1.8%Median cap rate

$-2,545Modeled cash flow / mo

+1.1%Appreciation YoY

6.3Months of supply

405Active listings

774Sold (last 12 mo)

What the Edina numbers say

In Edina, MN, the median home sold for $700,000 (about $270 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-2,545 of monthly cash flow. Sold prices moved +1.1% over the past year. Inventory sits at about 6.3 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 Edina cash-flowing listings

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