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

May, MN has a median modeled monthly cash flow of $-2,456 and a median cap rate of 1.7%, on a median sold price of $635,000. Prices changed -8.7% year over year.

What is the average cap rate in May, MN?

The median cap rate across recently sold homes in May, MN is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in May, MN?

The median sold price in May, MN is $635,000 (about $247 per square foot).

Investing in May, MN Real Estate

A data-driven snapshot of the May, 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.

$635,000Median sold price

$247Median $/sqft

1.7%Median cap rate

$-2,456Modeled cash flow / mo

-8.7%Appreciation YoY

9.6Months of supply

28Active listings

35Sold (last 12 mo)

What the May numbers say

In May, MN, the median home sold for $635,000 (about $247 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-2,456 of monthly cash flow. Sold prices moved -8.7% over the past year. Inventory sits at about 9.6 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 May cash-flowing listings

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