Rental numbers for the Fergus Falls, MN metro
The typical home here runs -$1,638 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 4.4%.
- Gross yield
- 3.6%
- typical home, Zillow
- Median ZIP yield
- 4.4%
- 1 ZIPs with full data
- Cash flow
- -$1,638/mo
- at 7.78%, 25% down
- Typical price
- $337,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $999/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
25 with published figures
| 56533Elizabeth | $218,000 | $1,280* | 7.0% | 3.2% | -$586 | n/a |
| 56482Wadena | $213,000 | $980* | 5.5% | 1.7% | -$840 | n/a |
| 56477Sebeka | $249,000 | $1,090* | 5.3% | 1.7% | -$988 | n/a |
| 56453Hewitt | $236,000 | $1,030* | 5.2% | 1.7% | -$943 | n/a |
| 56437Bertha | $230,000 | $970* | 5.1% | 1.3% | -$1,000 | n/a |
| 56446Eagle Bend | $253,000 | $970* | 4.6% | 1.1% | -$1,130 | n/a |
| 56527Deer Creek | $258,000 | $990* | 4.6% | 1.5% | -$1,078 | n/a |
| 56537Fergus Falls | $248,000 | $911 | 4.4% | 1.1% | -$1,106 | n/a |
| 56534Erhard | $327,000 | $1,200* | 4.4% | 1.5% | -$1,365 | n/a |
| 56361Miltona | $276,000 | $970* | 4.2% | 1.0% | -$1,262 | n/a |
| 56551Henning | $277,000 | $970* | 4.2% | 1.2% | -$1,224 | n/a |
| 56528Dent | $405,000 | $1,410* | 4.2% | 1.3% | -$1,743 | n/a |
| 56567New York Mills | $280,000 | $970* | 4.2% | 0.9% | -$1,293 | n/a |
| 56586Underwood | $348,000 | $1,150* | 4.0% | 1.1% | -$1,544 | n/a |
| 56309Ashby | $323,000 | $1,020* | 3.8% | 0.8% | -$1,536 | n/a |
| 56571Ottertail | $374,000 | $1,150* | 3.7% | 0.8% | -$1,759 | n/a |
| 56324Dalton | $333,000 | $970* | 3.5% | 0.6% | -$1,622 | n/a |
| 56544Perham | $348,000 | $980* | 3.4% | 0.5% | -$1,723 | n/a |
| 56588Henning | $359,000 | $1,010* | 3.4% | 0.7% | -$1,731 | n/a |
| 56573Perham | $366,000 | $970* | 3.2% | 0.2% | -$1,900 | n/a |
| 56524Clitherall | $425,000 | $1,100* | 3.1% | 0.6% | -$2,085 | n/a |
| 56576Richville | $416,000 | $1,070* | 3.1% | 0.5% | -$2,082 | n/a |
| 56572Pelican Rapids | $401,000 | $980* | 2.9% | 0.1% | -$2,117 | n/a |
| 56515Battle Lake | $440,000 | $1,070* | 2.9% | 0.3% | -$2,257 | n/a |
| 56587Vergas | $399,000 | $970* | 2.9% | 0.2% | -$2,093 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +6.0%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.77%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $262,810 | n/a |
| Aug 2022 | $291,602 | n/a |
| Aug 2023 | $294,673 | n/a |
| Aug 2024 | $309,176 | n/a |
| Aug 2025 | $317,606 | n/a |
| Aug 2026 | $336,786 | $999 |
Counties
- Grant County, MNn/a median yield
- Otter Tail County, MN4.4% median yield
- Todd County, MNn/a median yield
- Wadena County, MNn/a median yield
- Becker County, MNn/a median yield
Tools
Test a listing in the Fergus Falls, MN area against today's rate.
Open the calculatorQuestions
- Is the Fergus Falls, MN metro good for rental property?
- The typical home here runs -$1,638 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 4.4%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Fergus Falls, MN metro have the highest rental yield?
- 56537 (Fergus Falls) at 4.4%, 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.