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Best places to buy a rental property in Minnesota

Ranked by the engine's tracked 5-year appreciation across 29 covered markets in Minnesota, snapshot 2026-10-29. Appreciation history is context, not a forecast.
MarketHome value3y5y10yActive listings
Duluth$334,79217.1%36.3%94.3%-
Rochester$342,46312.9%24.8%87.1%-
Saint Cloud$209,8512.9%15.7%52.1%-
Brooklyn Park$306,6805.1%11.4%78.1%-
Apple Valley$434,8434.4%11.2%55.6%3
Saint Paul$257,6181.3%4.8%70.1%990
Edina$206,6121.0%0.4%46.4%-
Saint Louis Park$364,709-3.8%-4.6%21.0%-
Minneapolis$347,457-3.6%-6.6%28.4%1,906

Full list: every tracked market in Minnesota with 5-year appreciation data below.

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All figures are engine estimates from the LumosTerra tracked-data snapshot as of 2026-10-29. They are starting points, not recommendations - verify rents, comps and local rules before acting on any of them.

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