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

Northern, MN has a median modeled monthly cash flow of $-1,106 and a median cap rate of 2.8%, on a median sold price of $355,000. Prices changed -1.8% year over year.

What is the average cap rate in Northern, MN?

The median cap rate across recently sold homes in Northern, MN is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northern, MN?

The median sold price in Northern, MN is $355,000 (about $168 per square foot).

Investing in Northern, MN Real Estate

A data-driven snapshot of the Northern, 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.

$355,000Median sold price

$168Median $/sqft

2.8%Median cap rate

$-1,106Modeled cash flow / mo

-1.8%Appreciation YoY

11.3Months of supply

52Active listings

55Sold (last 12 mo)

What the Northern numbers say

In Northern, MN, the median home sold for $355,000 (about $168 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,106 of monthly cash flow. Sold prices moved -1.8% over the past year. Inventory sits at about 11.3 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 Northern cash-flowing listings

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