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

Farmington, MN has a median modeled monthly cash flow of $-762 and a median cap rate of 4.0%, on a median sold price of $390,450. Prices changed -0.8% year over year.

What is the average cap rate in Farmington, MN?

The median cap rate across recently sold homes in Farmington, MN is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Farmington, MN?

The median sold price in Farmington, MN is $390,450 (about $192 per square foot).

Investing in Farmington, MN Real Estate

A data-driven snapshot of the Farmington, 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.

$390,450Median sold price

$192Median $/sqft

4.0%Median cap rate

$-762Modeled cash flow / mo

-0.8%Appreciation YoY

11.0Months of supply

380Active listings

416Sold (last 12 mo)

What the Farmington numbers say

In Farmington, MN, the median home sold for $390,450 (about $192 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-762 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 11.0 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 Farmington cash-flowing listings

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