RentYield Atlas

ZIP 56308 — Alexandria, MN: rental yield & market data

Gross rental yield of 4.11% — ranked #137 of 152 Minnesota ZIP codes. June 2026 data.

Gross rental yield
4.11%
Home value
$368,187
Market rent / mo
$1,261
Price-to-rent
24.3

Trend

Metric1-year change5-year change
Home value+3.0% +28.9%
Market rent

Metro: Alexandria, MN · County: Douglas County · Annual rent: $15,132

Comparable ZIP codes in Minnesota

Similar home values, sorted by yield — the cheapest way to see if 56308 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
55804DuluthMN$370,209$2,0826.75%14.8+7.4%
55128OakdaleMN$363,386$1,9376.40%15.6+4.2%
55811HermantownMN$367,967$1,9266.28%15.9+6.5%
55445Brooklyn ParkMN$366,193$1,9156.28%15.9+2.1%
55122EaganMN$363,097$1,6295.38%18.6+2.3%
55362MonticelloMN$363,293$1,6165.34%18.7+1.7%
55427New HopeMN$374,366$1,6315.23%19.1+3.0%
55118West Saint PaulMN$374,920$1,4864.76%21.0+3.1%

Top rental yields in all of Minnesota →

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