Rental numbers for Washington County, MN
The typical home here runs -$1,580 a month at 7.78% with 25% down. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%.
- Gross yield
- 5.4%
- typical home, Zillow
- Median ZIP yield
- 5.6%
- 7 ZIPs with full data
- Cash flow
- -$1,580/mo
- at 7.78%, 25% down
- Typical price
- $447,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $2,020/mo
- Zillow ZORI, Aug 2026
ZIP codes in Washington County
17 with published figures
| 55071Saint Paul Park | $319,000 | $2,330* | 8.8% | 4.7% | -$460 | n/a |
| 55090Willernie | $302,000 | $2,150* | 8.5% | 4.8% | -$432 | n/a |
| 55128Oakdale | $358,000 | $1,871 | 6.3% | 2.8% | -$1,089 | +3.8% |
| 55038Hugo | $456,000 | $2,200* | 5.8% | 2.5% | -$1,500 | n/a |
| 55016Cottage Grove | $399,000 | $1,888 | 5.7% | 2.3% | -$1,379 | +2.9% |
| 55115Mahtomedi | $511,000 | $2,405 | 5.7% | 2.5% | -$1,703 | n/a |
| 55125Woodbury | $415,000 | $1,937 | 5.6% | 2.3% | -$1,451 | +4.9% |
| 55043Lakeland | $401,000 | $1,840* | 5.5% | 2.4% | -$1,366 | n/a |
| 55082Stillwater | $532,000 | $2,365 | 5.3% | 2.3% | -$1,837 | +3.5% |
| 55129Woodbury | $540,000 | $2,391 | 5.3% | 2.2% | -$1,923 | +3.6% |
| 55055Newport | $349,000 | $1,520* | 5.2% | 1.8% | -$1,350 | n/a |
| 55047Marine on Saint Croix | $632,000 | $2,560* | 4.9% | 2.0% | -$2,366 | n/a |
| 55003Bayport | $440,000 | $1,590* | 4.3% | 1.5% | -$1,841 | n/a |
| 55025Forest Lake | $439,000 | $1,548 | 4.2% | 1.2% | -$1,938 | +5.2% |
| 55042Lake Elmo | $635,000 | $1,770* | 3.3% | 0.8% | -$3,028 | n/a |
| 55073Scandia | $548,000 | $1,520* | 3.3% | 0.6% | -$2,675 | n/a |
| 55001Afton | $725,000 | $1,770* | 2.9% | 0.3% | -$3,711 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +2.8%
- Rent, 12 months
- +4.0%
- Rent minus price growth
- +1.2 pts
- Property tax
- 0.99%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $395,848 | $1,659 |
| Aug 2022 | $431,729 | $1,768 |
| Aug 2023 | $430,330 | $1,822 |
| Aug 2024 | $429,263 | $1,874 |
| Aug 2025 | $434,572 | $1,943 |
| Aug 2026 | $446,651 | $2,020 |
HUD Fair Market Rent
FY2027, Minneapolis-St. Paul-Bloomington, MN-WI HUD Metro FMR Area
| Bedrooms | Studio | 1 bed | 2 bed | 3 bed | 4 bed |
|---|---|---|---|---|---|
| Fair Market Rent | $1,265 | $1,427 | $1,734 | $2,264 | $2,538 |
The 40th percentile gross rent for a standard unit, set by HUD each October and used for Section 8 payment standards. It runs below market rent; Zillow's index is shown above where it exists.
Supply
- Permits per 1,000 households
- 15.1
- 1,591 units, last 12 months
- National percentile
- 83th
- among US counties
Tools
Test a listing in Washington County against today's rate.
Open the calculatorPart of the Minneapolis, MN metro.
Questions
- Is Washington County good for rental property?
- The typical home here runs -$1,580 a month at 7.78% with 25% down. 0 of 7 ZIP codes with full Zillow data in this county are cash-flow positive; the median gross yield is 5.6%. The figures use a typical home, 7.78% with 25% down and default costs shown on each ZIP page. They describe the market, not any one property.
- What is the property tax rate in Washington County?
- About 0.99% of value, from Census ACS median taxes paid over median home value. On a $447,000 home that is about $4,408 a year.
- What is Fair Market Rent in Washington County?
- HUD's FY2027 Fair Market Rent here is $1,427 for a 1-bedroom, $1,734 for a 2-bedroom and $2,264 for a 3-bedroom. Typical cash flow at today's rate is -$1,580 a month.
Sources and method
- Zillow Home Value Index (ZHVI), mid tier, smoothed and seasonally adjusted
Zillow Research. Read: 2026-08.
Typical home value by ZIP, county, metro and state, and the price trend.
- Zillow Observed Rent Index (ZORI), all homes plus multifamily, smoothed
Zillow Research. Read: 2026-08.
Typical market rent by ZIP, county and metro, and the rent trend (tier A pages).
- HUD Small Area Fair Market Rents, FY2026
US Department of Housing and Urban Development. Read: FY2026.
Rent by bedroom count for every ZIP. The rent used on tier B pages, and a reference on all pages. It is the 40th percentile gross rent, so it runs below market.
- HUD Fair Market Rents by county, FY2027
US Department of Housing and Urban Development. Read: FY2027.
County rent by bedroom count on county pages.
- American Community Survey 5-year estimates, 2020 to 2024 (B25103 median real estate taxes paid, B25077 median home value, B11001 households)
US Census Bureau. Read: 2020 to 2024.
Effective property tax rate (median taxes paid divided by median value) by ZIP code tabulation area, county and state; households for the permits ratio.
- Freddie Mac Primary Mortgage Market Survey, 30-year fixed (FRED series MORTGAGE30US)
Freddie Mac via the Federal Reserve Bank of St. Louis. Read: 2026-09-24.
The weekly 30-year rate. The site adds a disclosed investor premium to it for the loan payment.
- Building Permits Survey, county monthly files
US Census Bureau. Read: 2025-09 to 2026-08.
New housing units permitted in the last 12 months per 1,000 households, a supply-pressure signal.
Data: Zillow Research (ZHVI, ZORI), HUD, US Census Bureau, Freddie Mac. Every formula is on the methodology page.
Estimates from public data for a typical property. Not investment, tax or legal advice. Your property, financing and costs will differ.