Minnesota
Meeker County
23,422 residents48 permits TTM$75,037 median HHI7 ZIP codesUpdated April 28, 2026
Investor first look
Median home value
$228,900
ACS 5-Year
Cap rate proxy
4.7%
FMR × 0.65 ÷ Home Value
Rent-to-income
14.3%
HUD FMR ÷ ACS HHI
Net migration
+1.55%
IRS SOI
Permits (TTM)
48
Census BPS
Climate risk
27.0
FEMA NRI (0–100)
ZIP code breakdown7 ZIP codes
| ZIP | Median home value | Rent (FMR 2BR) | Gross yield | Cap rate | Rent gap |
|---|---|---|---|---|---|
| 55324 | $358,148 | $997 | 3.3% | 3.0% | 10.3% |
| 55325 | $335,173 | $997 | 3.6% | 3.2% | 10.3% |
| 55329 | $282,180 | $997 | 4.2% | 3.8% | 10.3% |
| 55355 | $247,365 | $997 | 4.8% | 4.3% | 10.3% |
| 55389 | $308,189 | $997 | 3.9% | 3.5% | 10.3% |
Ranked by composite score
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Demographics
Owner-occupied
81.0%
Census ACS
Vacancy rate
14.3%
Census ACS
Bachelor's degree +
20.4%
Census ACS
Rent burdened
37.2%
Census ACS (>30% income)
Median age
42.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 28, 2026