RentYield Atlas

ZIP 55406 — Minneapolis, MN: rental yield & market data

Gross rental yield of 4.88% — ranked #104 of 152 Minnesota ZIP codes. June 2026 data.

Gross rental yield
4.88%
Home value
$352,910
Market rent / mo
$1,436
Price-to-rent
20.5

Trend

Metric1-year change5-year change
Home value+2.4% +6.2%
Market rent+1.9% +17.5%

Metro: Minneapolis-St. Paul-Bloomington, MN-WI · County: Hennepin County · Annual rent: $17,232

Comparable ZIP codes in Minnesota

Similar home values, sorted by yield — the cheapest way to see if 55406 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
55448Coon RapidsMN$348,822$1,8956.52%15.3+2.7%
55344Eden PrairieMN$351,808$1,7215.87%17.0+0.3%
55418MinneapolisMN$358,093$1,7095.73%17.5+2.3%
55343HopkinsMN$353,448$1,6285.53%18.1+2.8%
55414MinneapolisMN$348,916$1,5295.26%19.0-1.6%
56377SartellMN$350,205$1,5105.18%19.3+2.7%
55423RichfieldMN$354,894$1,3204.46%22.4+2.3%
55055NewportMN$357,972$1,3064.38%22.8+2.7%

Top rental yields in all of Minnesota →

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