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

Tower, MN has a median modeled monthly cash flow of $-2,083 and a median cap rate of 0.4%, on a median sold price of $235,000. Prices changed +13.2% year over year.

What is the average cap rate in Tower, MN?

The median cap rate across recently sold homes in Tower, MN is 0.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tower, MN?

The median sold price in Tower, MN is $235,000 (about $318 per square foot).

Investing in Tower, MN Real Estate

A data-driven snapshot of the Tower, 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.

$235,000Median sold price

$318Median $/sqft

0.4%Median cap rate

$-2,083Modeled cash flow / mo

+13.2%Appreciation YoY

8.2Months of supply

46Active listings

67Sold (last 12 mo)

What the Tower numbers say

In Tower, MN, the median home sold for $235,000 (about $318 per square foot), and the typical deal models out to a 0.4% cap rate with a median $-2,083 of monthly cash flow. Sold prices moved +13.2% over the past year. Inventory sits at about 8.2 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 Tower cash-flowing listings

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