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Market MapMinneapolis, MN
Metropolitan Area

Minneapolis, MN

Minnesota09 counties
55
/100
Hold
#632 of 894 metros
Top 71% nationally for investing

Market Snapshot

$375,610
Median Home Price
54% above national median
$1,696/mo
Median Rent
22% above national median
5.42%
Rent-to-Price Ratio
Top 65% nationally
-$867
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$375,610
Down Payment (20%)$75,122
Loan Amount$300,488
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,696
Monthly P&I-$1,969
Est. Expenses (35%)-$594
Net Cash Flow-$867/mo
3.5%
Cap Rate (all cash)
-12.0%
Cash-on-Cash Return
5.42%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 3.5% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
55/100
55
Cash Flow(30%)
51/100

Based on 5.42% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
70/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
50/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)
  • +Large metro with 9 counties offering diverse opportunities

Challenges

  • -Below-average rent-to-price ratio (5.42%)
  • -Negative cash flow at typical financing (-$867/mo)
  • -Negative leverage (cap rate 3.5% < mortgage rate 6.9%)

Counties in Minneapolis, MN

Best Overall
Anoka
MN - Score: 61
Best Cash Flow
Ramsey
MN - Score: 57
Verdict
AnokaMN
363,98561$357,384$1,6425.51%BuyView
HennepinMN
1,270,78759$373,253$1,7105.50%HoldView
WashingtonMN
268,65158$428,383$1,9425.44%HoldView
DakotaMN
439,17957$384,287$1,6325.10%HoldView
RamseyMN
547,20257$324,172$1,4925.52%HoldView
ScottMN
151,34757$429,887$1,7334.84%HoldView
PierceWI
42,18757$349,294$1,4484.98%HoldView
Saint CroixWI
93,75256$401,274$1,7465.22%HoldView
CarverMN
107,21655$469,922$2,0155.15%HoldView

Click any county to see detailed investment analysis

Compare to Similar Metros

Metro AreaVerdict
Utica, NY
Utica, NY
75$218,900$1,4137.75%Strong BuyView
Springfield, IL
Springfield, IL
75$187,233$1,1207.18%Strong BuyView
Columbus, MS
Columbus, MS
75$178,027$1,3539.12%Strong BuyView
Youngstown, OH
Youngstown, OH
75$165,204$1,0077.31%Strong BuyView
Tupelo, MS
Tupelo, MS
75$178,650$1,1837.94%Strong BuyView
Current
Minneapolis, MN
55$375,610$1,6965.42%Hold

The Bottom Line

HoldMinneapolis, MN is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Minneapolis, MN metro area scores 55/100, ranking #632 of 894 US metros (top 71%). The 5.42% rent-to-price ratio may require targeting specific counties or creative strategies for positive cash flow. Among 9 counties, Anoka shows the strongest investment potential (score: 61). Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-867/mo
Cap Rate
3.5%
Cash-on-Cash
-13.8%

Ready to Invest in Minneapolis, MN?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit propertiesBest CountyAnoka
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