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

Hugo, MN has a median modeled monthly cash flow of $-983 and a median cap rate of 3.5%, on a median sold price of $430,000. Prices changed +2.8% year over year.

What is the average cap rate in Hugo, MN?

The median cap rate across recently sold homes in Hugo, MN is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hugo, MN?

The median sold price in Hugo, MN is $430,000 (about $200 per square foot).

Investing in Hugo, MN Real Estate

A data-driven snapshot of the Hugo, 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.

$430,000Median sold price

$200Median $/sqft

3.5%Median cap rate

$-983Modeled cash flow / mo

+2.8%Appreciation YoY

10.2Months of supply

285Active listings

336Sold (last 12 mo)

What the Hugo numbers say

In Hugo, MN, the median home sold for $430,000 (about $200 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-983 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 10.2 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 Hugo cash-flowing listings

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