Midwest Access: Real Talk with Robin - Is Now a Good Time to Invest in a Rental Property?

Published: Aug. 6, 2026 at 1:34 PM CDT
Is Rochester, Minnesota a Good Place to Own Rental Property? Businesses like Mayo Clinic create strong housing demand. This is Rochester’s best competitive advantage. Mayo Clinic represents roughly 40% of jobs in Olmsted County. Mayo’s Bold Forward expansion is expected to continue through 2030 and includes around a $5 billion investment. This will bring in many new employees, construction workers, students, patients, and visiting professionals to our area each year. Based on Rochester housing studies, it is estimated that we will need approximately 5,124 more rental units through 2035.