The top 10 metros in Minnesota for gross rental yield right now. Real 2026 numbers, updated quarterly. Minnesota is not a HUD Small Area Fair Market Rent state, so this leaderboard is ranked at the metro level using HUD's 2-bedroom metropolitan Fair Market Rent.
| Rank | Metro | 2BR FMR / mo | State home value | Gross yield |
|---|---|---|---|---|
| 01 | Rochester, MN | $1,341 | $354,135 | 4.54% |
| 02 | Duluth, MN-WI | $1,236 | $354,135 | 4.19% |
| 03 | Mankato, MN | $1,174 | $354,135 | 3.98% |
| 04 | St. Cloud, MN | $1,151 | $354,135 | 3.90% |
| 05 | Minneapolis-St. Paul-Bloomington, MN-WI | $1,096 | $354,135 | 3.71% |
| 06 | Minneapolis-St. Paul-Bloomington, MN-WI | $1,075 | $354,135 | 3.64% |
| 07 | Rochester, MN | $943 | $354,135 | 3.20% |
| 08 | Rochester, MN | $933 | $354,135 | 3.16% |