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

Montrose, MN has a median modeled monthly cash flow of $-732 and a median cap rate of 3.9%, on a median sold price of $321,500. Prices changed -2.6% year over year.

What is the average cap rate in Montrose, MN?

The median cap rate across recently sold homes in Montrose, MN is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Montrose, MN?

The median sold price in Montrose, MN is $321,500 (about $170 per square foot).

Investing in Montrose, MN Real Estate

A data-driven snapshot of the Montrose, 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.

$321,500Median sold price

$170Median $/sqft

3.9%Median cap rate

$-732Modeled cash flow / mo

-2.6%Appreciation YoY

5.9Months of supply

46Active listings

94Sold (last 12 mo)

What the Montrose numbers say

In Montrose, MN, the median home sold for $321,500 (about $170 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-732 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 5.9 months of supply. 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 Montrose cash-flowing listings

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