Rental numbers for the Red Wing, MN metro
The typical home here runs -$1,301 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 5.7%.
- Gross yield
- 5.0%
- typical home, Zillow
- Median ZIP yield
- 5.7%
- 1 ZIPs with full data
- Cash flow
- -$1,301/mo
- at 7.78%, 25% down
- Typical price
- $323,000
- Zillow ZHVI, Aug 2026
- Typical rent
- $1,337/mo
- Zillow ZORI, Aug 2026
ZIP codes in the metro
9 with published figures
| 55026Frontenac | $337,000 | $1,640* | 5.9% | 2.5% | -$1,115 | n/a |
| 55066Red Wing | $285,000 | $1,357 | 5.7% | 2.0% | -$1,059 | n/a |
| 55946Kenyon | $298,000 | $1,210* | 4.9% | 1.5% | -$1,237 | n/a |
| 55009Cannon Falls | $375,000 | $1,520* | 4.9% | 1.7% | -$1,487 | n/a |
| 55018Dennison | $426,000 | $1,640* | 4.6% | 1.6% | -$1,729 | n/a |
| 55027Zumbrota | $371,000 | $1,270* | 4.1% | 0.9% | -$1,711 | n/a |
| 55089Welch | $475,000 | $1,520* | 3.8% | 1.0% | -$2,162 | n/a |
| 55983Wanamingo | $303,000 | $970* | 3.8% | 0.4% | -$1,531 | n/a |
| 55992Zumbrota | $334,000 | $970* | 3.5% | 0.2% | -$1,735 | n/a |
* HUD Fair Market Rent, 2 bedroom, where Zillow publishes no rent index. Conservative.
Trends
Five years to August 2026
- Price, 12 months
- +1.8%
- Rent, 12 months
- n/a
- Rent minus price growth
- n/a
- Property tax
- 0.96%
- effective rate, ACS 2024
Show the numbers
| Month | Typical value | Rent |
|---|---|---|
| Aug 2021 | $269,389 | n/a |
| Aug 2022 | $298,226 | n/a |
| Aug 2023 | $301,799 | n/a |
| Aug 2024 | $305,592 | n/a |
| Aug 2025 | $317,638 | n/a |
| Aug 2026 | $323,372 | $1,337 |
Counties
- Goodhue County, MN5.7% median yield
Tools
Questions
- Is the Red Wing, MN metro good for rental property?
- The typical home here runs -$1,301 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 5.7%. Figures assume a typical home, 7.78% with 25% down and the default costs on the methodology page.
- Which ZIP codes in the Red Wing, MN metro have the highest rental yield?
- 55066 (Red Wing) at 5.7%, 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.