RentYield Atlas

ZIP 56387 — Waite Park, MN: rental yield & market data

Gross rental yield of 5.9% — ranked #47 of 152 Minnesota ZIP codes. June 2026 data.

Gross rental yield
5.9%
Home value
$257,662
Market rent / mo
$1,267
Price-to-rent
16.9

Trend

Metric1-year change5-year change
Home value+1.9% +28.0%
Market rent

Metro: St. Cloud, MN · County: Stearns County · Annual rent: $15,204

Comparable ZIP codes in Minnesota

Similar home values, sorted by yield — the cheapest way to see if 56387 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
55411MinneapolisMN$247,722$1,7588.52%11.7+1.4%
55404MinneapolisMN$243,680$1,4387.08%14.1+0.3%
55103Saint PaulMN$258,376$1,4086.54%15.3-0.1%
55106Saint PaulMN$266,912$1,2625.67%17.6+0.6%
55987WinonaMN$260,262$1,1715.40%18.5+3.4%
55130Saint PaulMN$255,367$1,1225.27%19.0+0.3%
56303Saint CloudMN$243,483$1,0525.18%19.3+1.4%
56537Fergus FallsMN$252,010$9144.35%23.0+4.9%

Top rental yields in all of Minnesota →

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