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

Lutsen, MN has a median modeled monthly cash flow of $-2,371 and a median cap rate of -0.1%, on a median sold price of $411,750. Prices changed -6.3% year over year.

What is the average cap rate in Lutsen, MN?

The median cap rate across recently sold homes in Lutsen, MN is -0.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lutsen, MN?

The median sold price in Lutsen, MN is $411,750 (about $376 per square foot).

Investing in Lutsen, MN Real Estate

A data-driven snapshot of the Lutsen, 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.

$411,750Median sold price

$376Median $/sqft

-0.1%Median cap rate

$-2,371Modeled cash flow / mo

-6.3%Appreciation YoY

16.2Months of supply

46Active listings

34Sold (last 12 mo)

What the Lutsen numbers say

In Lutsen, MN, the median home sold for $411,750 (about $376 per square foot), and the typical deal models out to a -0.1% cap rate with a median $-2,371 of monthly cash flow. Sold prices moved -6.3% over the past year. Inventory sits at about 16.2 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 Lutsen cash-flowing listings

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