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

Minneapolis, MN has a median modeled monthly cash flow of $-840 and a median cap rate of 3.2%, on a median sold price of $361,000. Prices changed +2.1% year over year.

What is the average cap rate in Minneapolis, MN?

The median cap rate across recently sold homes in Minneapolis, MN is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Minneapolis, MN?

The median sold price in Minneapolis, MN is $361,000 (about $238 per square foot).

Investing in Minneapolis, MN Real Estate

A data-driven snapshot of the Minneapolis, 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.

$361,000Median sold price

$238Median $/sqft

3.2%Median cap rate

$-840Modeled cash flow / mo

+2.1%Appreciation YoY

8.8Months of supply

3,219Active listings

4,393Sold (last 12 mo)

What the Minneapolis numbers say

In Minneapolis, MN, the median home sold for $361,000 (about $238 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-840 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 8.8 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.

🔨 See 9 fix-and-flip deals in Minneapolis — listings where the estimated after-repair value beats list price + rehab.

Other Minnesota markets to compare

See Minneapolis cash-flowing listings

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