Top 30 Best Places in Minnesota, United States to Invest in Airbnb & Short-Term Rentals (2026)

Source: AirROI

Last updated: 2026-01-01

Unlock high-ROI opportunities in Minnesota, United States‘s booming short-term rental (STR) market. This 2026 Airbnb investment guide from AirROI leverages cutting-edge Airbnb data analytics to pinpoint the most profitable cities for Airbnb and vacation rental entrepreneurs. Whether you’re scaling your portfolio or making your first STR investment, discover markets with strong rental demand, high revenue potential, and favorable regulations. We are committed to providing trustworthy insights based on comprehensive market analysis, and you can learn more about our rigorous approach to data accuracy.

Our STR market analysis dives deep into key performance indicators like monthly revenue, average daily rates (ADR), occupancy trends, property counts, and regulatory landscapes across Minnesota, United States. We go beyond simple rankings to provide the context you need for informed investment decisions using reliable Airbnb data.

Explore the data-driven insights below to identify the premier short-term rental investment hotspots and high ROI Airbnb markets in Minnesota, United States for 2026.

Top Short-Term Rental Markets in Minnesota, United States

Rank:#1Market:MinneapolisCountry:United StatesProperties:1,501Monthly Revenue:$2306.62Daily Rate (ADR):$188.97Occupancy:49.24%Regulation:High
Rank:#2Market:Saint PaulCountry:United StatesProperties:628Monthly Revenue:$2230.83Daily Rate (ADR):$174.83Occupancy:48.27%Regulation:Moderate
Rank:#3Market:RochesterCountry:United StatesProperties:491Monthly Revenue:$1833.61Daily Rate (ADR):$143.31Occupancy:53.55%Regulation:Low
Rank:#4Market:DuluthCountry:United StatesProperties:352Monthly Revenue:$3287.05Daily Rate (ADR):$275.93Occupancy:44.68%Regulation:Moderate
Rank:#5Market:Lutsen TownshipCountry:United StatesProperties:174Monthly Revenue:$4475.73Daily Rate (ADR):$432.96Occupancy:38.14%Regulation:Low
Rank:#6Market:AlexandriaCountry:United StatesProperties:125Monthly Revenue:$3459.93Daily Rate (ADR):$415.13Occupancy:38.73%Regulation:Low
Rank:#7Market:West CookCountry:United StatesProperties:125Monthly Revenue:$4423.44Daily Rate (ADR):$357.05Occupancy:47.58%Regulation:Low
Rank:#8Market:CrosbyCountry:United StatesProperties:108Monthly Revenue:$1767.00Daily Rate (ADR):$194.61Occupancy:34.75%Regulation:Low
Rank:#9Market:BrainerdCountry:United StatesProperties:92Monthly Revenue:$3488.01Daily Rate (ADR):$346.75Occupancy:41.16%Regulation:Low
Rank:#10Market:CrosslakeCountry:United StatesProperties:87Monthly Revenue:$4172.86Daily Rate (ADR):$465.44Occupancy:39.40%Regulation:Low
Rank:#11Market:NisswaCountry:United StatesProperties:85Monthly Revenue:$4291.19Daily Rate (ADR):$451.80Occupancy:36.79%Regulation:Low
Rank:#12Market:Park RapidsCountry:United StatesProperties:84Monthly Revenue:$2192.24Daily Rate (ADR):$299.08Occupancy:35.22%Regulation:Low
Rank:#13Market:RichfieldCountry:United StatesProperties:81Monthly Revenue:$2989.86Daily Rate (ADR):$234.54Occupancy:47.21%Regulation:Low
Rank:#14Market:Two HarborsCountry:United StatesProperties:78Monthly Revenue:$2966.86Daily Rate (ADR):$229.70Occupancy:44.89%Regulation:Low
Rank:#15Market:Grand MaraisCountry:United StatesProperties:69Monthly Revenue:$3793.66Daily Rate (ADR):$288.90Occupancy:50.01%Regulation:Low
Rank:#16Market:Pequot LakesCountry:United StatesProperties:65Monthly Revenue:$3978.86Daily Rate (ADR):$434.92Occupancy:40.34%Regulation:Low
Rank:#17Market:BemidjiCountry:United StatesProperties:63Monthly Revenue:$2448.64Daily Rate (ADR):$270.34Occupancy:42.88%Regulation:Low
Rank:#18Market:Saint Louis ParkCountry:United StatesProperties:60Monthly Revenue:$1935.98Daily Rate (ADR):$209.01Occupancy:47.56%Regulation:Low
Rank:#19Market:WinonaCountry:United StatesProperties:60Monthly Revenue:$2141.07Daily Rate (ADR):$166.49Occupancy:45.90%Regulation:Low
Rank:#20Market:Detroit LakesCountry:United StatesProperties:54Monthly Revenue:$2798.02Daily Rate (ADR):$369.46Occupancy:38.61%Regulation:Low
Rank:#21Market:PlymouthCountry:United StatesProperties:54Monthly Revenue:$3616.98Daily Rate (ADR):$291.61Occupancy:46.44%Regulation:Low
Rank:#22Market:StillwaterCountry:United StatesProperties:53Monthly Revenue:$4318.31Daily Rate (ADR):$380.12Occupancy:40.94%Regulation:Low
Rank:#23Market:WabashaCountry:United StatesProperties:51Monthly Revenue:$1474.71Daily Rate (ADR):$229.66Occupancy:26.84%Regulation:Low
Rank:#24Market:Grand RapidsCountry:United StatesProperties:50Monthly Revenue:$2399.03Daily Rate (ADR):$257.23Occupancy:36.74%Regulation:Low
Rank:#25Market:East CookCountry:United StatesProperties:49Monthly Revenue:$2975.75Daily Rate (ADR):$250.33Occupancy:47.71%Regulation:Low
Rank:#26Market:MankatoCountry:United StatesProperties:49Monthly Revenue:$1388.64Daily Rate (ADR):$177.84Occupancy:30.35%Regulation:Low
Rank:#27Market:WalkerCountry:United StatesProperties:49Monthly Revenue:$3119.99Daily Rate (ADR):$394.98Occupancy:32.13%Regulation:Low
Rank:#28Market:Lake CityCountry:United StatesProperties:48Monthly Revenue:$2212.89Daily Rate (ADR):$256.33Occupancy:32.12%Regulation:Low
Rank:#29Market:OrrCountry:United StatesProperties:46Monthly Revenue:$1457.93Daily Rate (ADR):$261.39Occupancy:35.35%Regulation:Low
Rank:#30Market:Breezy PointCountry:United StatesProperties:44Monthly Revenue:$2757.92Daily Rate (ADR):$375.62Occupancy:33.00%Regulation:Low

Our Data-Driven Methodology for STR Market Analysis

At AirROI, our market rankings and insights are powered by a robust methodology combining comprehensive Airbnb data collection with sophisticated STR analytics techniques. We strive to provide the most accurate and actionable intelligence for short-term rental investors.

Data Collection & Scope

  • Global Coverage: We aggregate STR data from tens of millions of active short-term rental listings across platforms like Airbnb and Vrbo worldwide.
  • Real-Time Metrics: Our systems track key performance indicators (KPIs) daily, including booking rates, nightly pricing (ADR), occupancy rates, and revenue.
  • Regulatory Monitoring: We actively monitor and incorporate local short-term rental regulations, licensing requirements, and tax obligations into our market analysis.

Analysis & Ranking

  • Proprietary Algorithms: AI and machine learning models analyze booking patterns, predict seasonal demand shifts, and identify emerging market trends in the STR space.
  • Key Metric Evaluation: We evaluate markets based on a weighted combination of critical investment factors using our extensive Airbnb analytics:
    • Revenue Potential: Average Monthly Revenue and Average Daily Rate (ADR).
    • Market Demand: Occupancy Rate and booking lead times.
    • Investment Scale: Number of active properties and market growth trends.
    • Regulatory Environment: Assessed impact of local STR regulations on operational feasibility and profitability.
  • Benchmarking: Performance is benchmarked against regional and global averages to provide context for vacation rental investment potential.

Key Metrics Explained

  • Properties: The count of active short-term rental listings in the market.
  • Monthly Revenue: Average revenue generated per property per month, a key indicator for Airbnb profitability.
  • Daily Rate (ADR): Average nightly booking price.
  • Occupancy: Percentage of nights booked out of total available nights, crucial for understanding STR demand.
  • Regulation: An indicator of the local regulatory climate impacting Airbnb investment.

This rigorous approach ensures our recommendations are based on real-world performance Airbnb data and forward-looking market analysis, empowering you to invest smarter in the vacation rental market.

Access Real-Time Airbnb API

This report is powered by our industry-leading Airbnb Data API, providing direct access to live short-term rental data from global markets like Minnesota. Use this data to build powerful analytics tools, discover investment opportunities, and inform your vacation rental strategy.

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