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

Hastings, MN has a median modeled monthly cash flow of $-953 and a median cap rate of 3.1%, on a median sold price of $341,000. Prices changed +3.4% year over year.

What is the average cap rate in Hastings, MN?

The median cap rate across recently sold homes in Hastings, MN is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hastings, MN?

The median sold price in Hastings, MN is $341,000 (about $181 per square foot).

Investing in Hastings, MN Real Estate

A data-driven snapshot of the Hastings, 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.

$341,000Median sold price

$181Median $/sqft

3.1%Median cap rate

$-953Modeled cash flow / mo

+3.4%Appreciation YoY

7.2Months of supply

180Active listings

298Sold (last 12 mo)

What the Hastings numbers say

In Hastings, MN, the median home sold for $341,000 (about $181 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-953 of monthly cash flow. Sold prices moved +3.4% over the past year. Inventory sits at about 7.2 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 Hastings cash-flowing listings

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