Fairmont, MN

Fairmont, MN real estate market: appreciation, rent growth, cap rate, IRR, and property taxes.

Appreciation

: 3.3%/yr.

Rent growth

: 2.8%/yr.

Median cap rate

: 3.6%.

Median IRR

: 3.2%.

Median rental rate

: $761/mo.

Median property tax

: $1,671/yr.

Sources: FHFA House Price Index®, U.S. Census Bureau ACS 5-year estimates, and Rescover analysis of public single-family listings, updated October 2026.

Browse analyzed properties in Fairmont, MN →

Top listings right now

518 E 2nd St N, Truman, MN 56088 $93,000· 3 bd· 1.5 ba
506 E 2nd St N, Truman, MN 56088 $120,000· 3 bd· 1 ba
119 S Orient St, Fairmont, MN 56031 $99,000· 3 bd· 1 ba
406 E Ciro St, Truman, MN 56088 $139,000· 4 bd· 1 ba
311 Budd St, Fairmont, MN 56031 $115,000· 3 bd· 1 ba
520 E Blue Earth Ave, Fairmont, MN 56031 $149,900· 4 bd· 2 ba
1958 State Highway 15, Truman, MN 56088 $199,000· 0 bd· 1 ba
513 E Ciro St, Truman, MN 56088 $174,500· 3 bd· 1 ba
120 W 9th St, Fairmont, MN 56031 $119,900· 2 bd· 1 ba
940 Victoria St, Fairmont, MN 56031 $175,000· 4 bd· 1.5 ba
210 E Ciro St, Truman, MN 56088 $185,000· 4 bd· 3 ba
419 Webster St, Fairmont, MN 56031 $149,900· 3 bd· 1.5 ba
841 Redwood Dr, Fairmont, MN 56031 $254,500· 4 bd· 3 ba
310 E 13th St, Blue Earth, MN 56013 $179,900· 3 bd· 1 ba
35780 110th St, Blue Earth, MN 56013 $425,000· 4 bd· 2 ba
737 40th St, Dunnell, MN 56127 $340,000· 3 bd· 1 ba
404 E 4th St, Blue Earth, MN 56013 $299,900· 2 bd· 1 ba

ZIP codes in Fairmont, MN

Rental market data for every ZIP code in this micro area.