RentYield Atlas

ZIP 55042 — Lake Elmo, MN: rental yield & market data

Gross rental yield of 4.03% — ranked #139 of 152 Minnesota ZIP codes. June 2026 data.

Gross rental yield
4.03%
Home value
$635,131
Market rent / mo
$2,135
Price-to-rent
24.8

Trend

Metric1-year change5-year change
Home value+2.2% +16.5%
Market rent

Metro: Minneapolis-St. Paul-Bloomington, MN-WI · County: Washington County · Annual rent: $25,620

Comparable ZIP codes in Minnesota

Similar home values, sorted by yield — the cheapest way to see if 55042 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
55410MinneapolisMN$610,370$2,3584.64%21.6+4.2%
55347Eden PrairieMN$579,776$2,1534.46%22.4+3.0%
55345MinnetonkaMN$548,798$1,9714.31%23.2+3.4%
55446PlymouthMN$629,522$2,2474.28%23.3+1.6%
55386VictoriaMN$625,241$2,2254.27%23.4+2.0%
55077Inver Grove HeightsMN$564,214$1,8743.99%25.1+1.0%
55384Spring ParkMN$592,972$1,8383.72%26.9+7.0%
55436EdinaMN$646,821$1,8303.40%29.5+3.6%

Top rental yields in all of Minnesota →

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