Gross rental yield of 6.17% — ranked #37 of 152 Minnesota ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.7% | -4.2% |
| Market rent | +3.5% | +11.1% |
Metro: Minneapolis-St. Paul-Bloomington, MN-WI · County: Hennepin County · Annual rent: $18,228
Similar home values, sorted by yield — the cheapest way to see if 55408 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 55904 | Rochester | MN | $298,272 | $1,706 | 6.86% | 14.6 | +4.4% |
| 55102 | Saint Paul | MN | $290,169 | $1,642 | 6.79% | 14.7 | +1.2% |
| 56529 | Dilworth | MN | $294,640 | $1,625 | 6.62% | 15.1 | +1.7% |
| 56601 | Bemidji | MN | $291,247 | $1,361 | 5.61% | 17.8 | +3.1% |
| 55066 | Red Wing | MN | $293,987 | $1,338 | 5.46% | 18.3 | +0.8% |
| 56560 | Moorhead | MN | $290,222 | $1,258 | 5.20% | 19.2 | +2.1% |
| 55060 | Owatonna | MN | $302,155 | $1,183 | 4.70% | 21.3 | +2.7% |
| 56721 | East Grand Forks | MN | $299,108 | $945 | 3.79% | 26.4 | +6.3% |
Top rental yields in all of Minnesota →
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