Rental numbers for the Duluth, MN metro
The typical home here runs -$888 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.5%.
- Gross yield
- 6.0%
- typical home, Zillow
- Median ZIP yield
- 6.5%
- 8 ZIPs with full data
- Cash flow
- -$888/mo
- at 7.78%, 25% down
- Typical price
- $265,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,329/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
72 with published figures
| 55750Hoyt Lakes | $130,000 | $1,250* | 11.5% | 6.6% | +$15 | n/a |
| 55713Buhl | $134,000 | $1,240* | 11.1% | 6.1% | -$39 | n/a |
| 55708Aurora | $131,000 | $1,030* | 9.4% | 4.5% | -$212 | n/a |
| 55782Ely | $131,000 | $1,030* | 9.4% | 4.8% | -$186 | n/a |
| 55719Chisholm | $138,000 | $1,030* | 8.9% | 4.1% | -$276 | n/a |
| 55792Virginia | $143,000 | $1,017 | 8.5% | 3.8% | -$314 | n/a |
| 55706Babbitt | $151,000 | $1,030* | 8.2% | 3.6% | -$360 | n/a |
| 55614Finland | $189,000 | $1,260* | 8.0% | 4.0% | -$394 | n/a |
| 56649International Falls | $158,000 | $1,030* | 7.8% | 3.5% | -$386 | n/a |
| 55717Canyon | $263,000 | $1,710* | 7.8% | 4.1% | -$520 | n/a |
| 55734Eveleth | $170,000 | $1,100* | 7.8% | 3.4% | -$428 | n/a |
| 55602Brimson | $194,000 | $1,250* | 7.8% | 3.8% | -$424 | n/a |
| 55803Duluth | $360,000 | $2,300 | 7.7% | 3.9% | -$757 | n/a |
| 55705Aurora | $163,000 | $1,030* | 7.6% | 3.2% | -$443 | n/a |
| 55746Hibbing | $164,000 | $1,030* | 7.5% | 3.2% | -$445 | n/a |
| 55805Duluth | $225,000 | $1,328 | 7.1% | 3.1% | -$636 | +1.8% |
| 55736Floodwood | $182,000 | $1,030* | 6.8% | 2.9% | -$537 | n/a |
| 55765Meadowlands | $182,000 | $1,030* | 6.8% | 3.1% | -$504 | n/a |
| 55711Brookston | $210,000 | $1,170* | 6.7% | 3.0% | -$603 | n/a |
| 55811Hermantown | $360,000 | $1,995 | 6.7% | 3.0% | -$1,027 | +3.3% |
| 55741Gilbert | $186,000 | $1,030* | 6.6% | 2.5% | -$616 | n/a |
| 55724Cotton | $227,000 | $1,250* | 6.6% | 3.0% | -$648 | n/a |
| 55807Duluth | $217,000 | $1,190* | 6.6% | 2.5% | -$718 | n/a |
| 55808Duluth | $225,000 | $1,230* | 6.6% | 2.6% | -$732 | n/a |
| 55806Duluth | $215,000 | $1,149 | 6.4% | 2.3% | -$750 | n/a |
| 55768Mountain Iron | $212,000 | $1,130* | 6.4% | 2.5% | -$705 | n/a |
| 55607Isabella | $211,000 | $1,120* | 6.4% | 2.9% | -$635 | n/a |
| 55779Saginaw | $353,000 | $1,850* | 6.3% | 2.9% | -$1,040 | n/a |
| 55738Forbes | $201,000 | $1,030* | 6.2% | 2.6% | -$652 | n/a |
| 55756Kerrick | $225,000 | $1,150* | 6.1% | 2.5% | -$740 | n/a |
| 55757Kettle River | $226,000 | $1,150* | 6.1% | 2.4% | -$768 | n/a |
| 55703Angora | $206,000 | $1,030* | 6.0% | 2.3% | -$716 | n/a |
| 55732Embarrass | $206,000 | $1,030* | 6.0% | 2.4% | -$705 | n/a |
| 55702Alborn | $249,000 | $1,230* | 5.9% | 2.5% | -$822 | n/a |
| 55749Holyoke | $244,000 | $1,180* | 5.8% | 2.2% | -$870 | n/a |
| 55771Orr | $222,000 | $1,060* | 5.7% | 2.3% | -$779 | n/a |
| 55603Isabella | $240,000 | $1,120* | 5.6% | 2.1% | -$862 | n/a |
| 55616Two Harbors | $296,000 | $1,380* | 5.6% | 2.4% | -$1,012 | n/a |
| 55763Makinen | $223,000 | $1,030* | 5.5% | 2.1% | -$820 | n/a |
| 55787Tamarack | $223,000 | $1,030* | 5.5% | 2.2% | -$796 | n/a |
| 55751Iron | $238,000 | $1,090* | 5.5% | 2.1% | -$863 | n/a |
| 55804Duluth | $364,000 | $1,650* | 5.4% | 2.0% | -$1,361 | n/a |
| 55720Cloquet | $279,000 | $1,260* | 5.4% | 1.6% | -$1,122 | n/a |
| 55726Cromwell | $253,000 | $1,140* | 5.4% | 1.8% | -$988 | n/a |
| 55783Sturgeon Lake | $274,000 | $1,220* | 5.3% | 2.0% | -$1,020 | n/a |
| 55810Hermantown | $305,000 | $1,360* | 5.3% | 1.8% | -$1,201 | n/a |
| 54880Superior | $241,000 | $1,065 | 5.3% | 1.8% | -$945 | +4.8% |
| 55733Esko | $403,000 | $1,740* | 5.2% | 1.9% | -$1,534 | n/a |
| 54874Solon Springs | $284,000 | $1,220* | 5.2% | 2.0% | -$1,055 | n/a |
| 54864Poplar | $314,000 | $1,340* | 5.1% | 2.1% | -$1,153 | n/a |
| 55798Wright | $243,000 | $1,030* | 5.1% | 1.5% | -$1,009 | n/a |
| 55797Wrenshall | $334,000 | $1,380* | 5.0% | 1.6% | -$1,346 | n/a |
| 55723Cook | $251,000 | $1,030* | 4.9% | 1.5% | -$1,043 | n/a |
| 55707Barnum | $295,000 | $1,210* | 4.9% | 1.6% | -$1,204 | n/a |
| 54854Maple | $259,000 | $1,030* | 4.8% | 1.7% | -$1,028 | n/a |
| 55767Moose Lake | $292,000 | $1,160* | 4.8% | 1.3% | -$1,259 | n/a |
| 56669Kabetogama | $262,000 | $1,040* | 4.8% | 1.5% | -$1,080 | n/a |
| 55812Duluth | $351,000 | $1,387 | 4.8% | 1.3% | -$1,520 | +2.2% |
| 55731Ely | $285,000 | $1,120* | 4.7% | 1.3% | -$1,226 | n/a |
| 54820Brule | $262,000 | $1,030* | 4.7% | 1.7% | -$1,038 | n/a |
| 55710Mountain Iron | $268,000 | $1,050* | 4.7% | 1.6% | -$1,091 | n/a |
| 54836Foxboro | $290,000 | $1,110* | 4.6% | 1.5% | -$1,194 | n/a |
| 55601Beaver Bay | $357,000 | $1,290* | 4.3% | 1.4% | -$1,522 | n/a |
| 54838Gordon | $292,000 | $1,040* | 4.3% | 1.5% | -$1,213 | n/a |
| 54873Solon Springs | $297,000 | $1,030* | 4.2% | 1.3% | -$1,282 | n/a |
| 55609Knife River | $424,000 | $1,470* | 4.2% | 1.3% | -$1,809 | n/a |
| 54830Danbury | $313,000 | $1,030* | 3.9% | 1.4% | -$1,336 | n/a |
| 54859Minong | $330,000 | $1,060* | 3.9% | 1.2% | -$1,441 | n/a |
| 55718Carlton | $340,000 | $1,080* | 3.8% | 0.6% | -$1,655 | n/a |
| 55802Duluth | $478,000 | $1,496 | 3.8% | 0.4% | -$2,405 | n/a |
| 54849Lake Nebagamon | $361,000 | $1,030* | 3.4% | 0.6% | -$1,763 | n/a |
| 55790Tower | $368,000 | $1,030* | 3.4% | 0.4% | -$1,869 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +5.7%
- Rent, 12 months
- +3.4%
- Rent minus price growth
- -2.3 pts
- Property tax
- 0.92%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $205,961 | $1,036 |
| Aug 2022 | $226,003 | $1,111 |
| Aug 2023 | $233,237 | $1,178 |
| Aug 2024 | $241,977 | $1,232 |
| Aug 2025 | $250,745 | $1,285 |
| Aug 2026 | $265,012 | $1,329 |
Counties
- Douglas County, WI5.3% median yield
- Burnett County, WIn/a median yield
- Washburn County, WIn/a median yield
- Lake County, MNn/a median yield
- St. Louis County, MN6.7% median yield
- Carlton County, MNn/a median yield
- Pine County, MNn/a median yield
- Aitkin County, MNn/a median yield
- Koochiching County, MNn/a median yield
Tools
Questions
- Is the Duluth, MN metro good for rental property?
- The typical home here runs -$888 a month at 7.78% with 25% down. 0 of 8 ZIP codes with full Zillow data in this metro are cash-flow positive; the median gross yield is 6.5%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Duluth, MN metro have the highest rental yield?
- 55792 (Virginia) at 8.5%, 55803 (Duluth) at 7.7%, 55805 (Duluth) at 7.1%, 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.