Rental numbers for the Alexandria, MN metro
The typical home here runs -$1,215 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.3%.
- Gross yield
- 5.5%
- typical home, Zillow
- Median ZIP yield
- 5.3%
- 1 ZIPs with full data
- Cash flow
- -$1,215/mo
- at 7.78%, 25% down
- Typical price
- $351,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,612/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
11 with published figures
| 56308Alexandria | $366,000 | $1,602 | 5.3% | 2.1% | -$1,329 | n/a |
| 56339Barrett | $247,000 | $970* | 4.7% | 1.3% | -$1,062 | n/a |
| 56360Osakis | $289,000 | $1,040* | 4.3% | 1.0% | -$1,311 | n/a |
| 56326Evansville | $275,000 | $970* | 4.2% | 1.1% | -$1,233 | n/a |
| 56343Kensington | $283,000 | $980* | 4.2% | 1.1% | -$1,274 | n/a |
| 56349Lowry | $330,000 | $1,130* | 4.1% | 1.2% | -$1,448 | n/a |
| 56315Evansville | $307,000 | $970* | 3.8% | 0.6% | -$1,512 | n/a |
| 56319Carlos | $335,000 | $1,000* | 3.6% | 0.5% | -$1,676 | n/a |
| 56332Garfield | $377,000 | $1,070* | 3.4% | 0.4% | -$1,898 | n/a |
| 56354Miltona | $366,000 | $970* | 3.2% | 0.4% | -$1,864 | n/a |
| 56327Farwell | $394,000 | $1,040* | 3.2% | 0.5% | -$1,946 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +3.2%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.82%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $280,134 | n/a |
| Aug 2022 | $310,273 | n/a |
| Aug 2023 | $318,119 | n/a |
| Aug 2024 | $331,438 | n/a |
| Aug 2025 | $340,458 | n/a |
| Aug 2026 | $351,339 | $1,612 |
Counties
- Douglas County, MN5.3% median yield
- Grant County, MNn/a median yield
- Pope County, MNn/a median yield
Tools
Questions
- Is the Alexandria, MN metro good for rental property?
- The typical home here runs -$1,215 a month at 7.78% with 25% down. 0 of 1 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 5.3%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Alexandria, MN metro have the highest rental yield?
- 56308 (Alexandria) at 5.3%, on Zillow value and rent. The full table above sorts by any column.
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.
- 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.
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.