What Are the Best Places to Invest in Airbnb in Minas Gerais, Brazil?

Source: AirROI Reviewed by Jun Zhou , Founder @ AirROI
Updated:

The short-term rental market in Minas Gerais, Brazil spans 30 cities tracked in AirROI's 2026 dataset, ranging from mature urban markets with thousands of active listings to emerging destinations where early operators still have pricing leverage. Supply growth, regulation, and seasonal demand vary significantly across the region — making market selection one of the highest-leverage decisions an Airbnb investor can make.

This page ranks the best Airbnb markets in Minas Gerais, Brazil across four dimensions: market depth (active listings), revenue, nightly rate (ADR), and occupancy rate. Belo Horizonte, Minas Gerais leads by market size with 2,997 active listings and $464/month revenue. Across all ranked markets, average occupancy is 27.9% with $493/month in average revenue and $79/night ADR. 30 of 30 markets carry a low regulation profile — a key consideration for investors evaluating compliance costs and time-to-market.

Rankings based on AirROI's analysis of 20,000,000+ short-term rental listings across revenue, ADR, occupancy, and regulation. See ranking methodology.

Top Airbnb Markets in Minas Gerais, Brazil by Active Listings

Active listing count is the most direct measure of a market's depth, maturity, and investor confidence. Cities with the most Airbnb listings in Minas Gerais, Brazil attract the highest volume of travelers and offer the most reliable benchmarking data for pricing and revenue projections. Belo Horizonte, Minas Gerais leads with 2,997 active short-term rental listings and $464/month in average revenue.

#MarketActive Listings (TTM)Revenue/moADROccupancyRegulation
1Belo Horizonte, Minas Gerais2,997$464$5139.3%Low
2Ouro Preto, Minas Gerais791$529$6530.9%Low
3Uberlândia, Minas Gerais743$261$3835.4%Low
4São Tomé das Letras, Minas Gerais630$255$5322.1%Low
5Tiradentes, Minas Gerais624$707$10127.9%Low
6Camanducaia, Minas Gerais603$812$12127.1%Low
7Juiz de Fora, Minas Gerais534$342$5234.5%Low
8Capitólio, Minas Gerais514$766$15422.9%Low
9Poços de Caldas, Minas Gerais509$359$5330.4%Low
10Gonçalves, Minas Gerais503$980$13029.7%Low
11Santana do Riacho, Minas Gerais438$592$10124.0%Low
12Lima Duarte, Minas Gerais311$359$6822.2%Low
13São Lourenço, Minas Gerais271$320$5426.3%Low
14Governador Valadares, Minas Gerais263$275$4430.0%Low
15Diamantina, Minas Gerais260$320$6223.7%Low
16Uberaba, Minas Gerais260$299$6028.6%Low
17Montes Claros, Minas Gerais259$216$3331.3%Low
18Brumadinho, Minas Gerais253$767$11528.1%Low
19São João del-Rei, Minas Gerais243$291$5525.4%Low
20Bocaina de Minas, Minas Gerais213$445$7924.5%Low
21Itamonte, Minas Gerais197$402$8422.6%Low
22Jaboticatubas, Minas Gerais193$815$13626.3%Low
23Sapucaí-Mirim, Minas Gerais190$931$10631.1%Low
24Contagem, Minas Gerais187$375$5335.6%Low
25Lagoa Santa, Minas Gerais176$595$11127.6%Low
26Delfinópolis, Minas Gerais166$537$10723.4%Low
27Nova Lima, Minas Gerais166$969$11434.8%Low
28Carrancas, Minas Gerais144$300$5622.3%Low
29Serro, Minas Gerais130$200$5519.0%Low
30Betim, Minas Gerais121$308$5930.9%Low

Most Profitable Airbnb Markets in Minas Gerais, Brazil by Revenue

The most profitable Airbnb cities in Minas Gerais, Brazil are those where hosts earn the highest average monthly revenue per listing — the single most telling indicator of a market's income potential. Gonçalves, Minas Gerais leads with $980/month at $130 ADR and 29.7% occupancy. Whether you are evaluating your first STR investment or benchmarking an existing property, these top-earning Airbnb markets show where vacation rentals generate the greatest short-term rental income.

#MarketRevenue/moActive Listings (TTM)ADROccupancyRegulation
1Gonçalves, Minas Gerais$980503$13029.7%Low
2Nova Lima, Minas Gerais$969166$11434.8%Low
3Sapucaí-Mirim, Minas Gerais$931190$10631.1%Low
4Jaboticatubas, Minas Gerais$815193$13626.3%Low
5Camanducaia, Minas Gerais$812603$12127.1%Low
6Brumadinho, Minas Gerais$767253$11528.1%Low
7Capitólio, Minas Gerais$766514$15422.9%Low
8Tiradentes, Minas Gerais$707624$10127.9%Low
9Lagoa Santa, Minas Gerais$595176$11127.6%Low
10Santana do Riacho, Minas Gerais$592438$10124.0%Low
11Delfinópolis, Minas Gerais$537166$10723.4%Low
12Ouro Preto, Minas Gerais$529791$6530.9%Low
13Belo Horizonte, Minas Gerais$4642,997$5139.3%Low
14Bocaina de Minas, Minas Gerais$445213$7924.5%Low
15Itamonte, Minas Gerais$402197$8422.6%Low
16Contagem, Minas Gerais$375187$5335.6%Low
17Poços de Caldas, Minas Gerais$359509$5330.4%Low
18Lima Duarte, Minas Gerais$359311$6822.2%Low
19Juiz de Fora, Minas Gerais$342534$5234.5%Low
20São Lourenço, Minas Gerais$320271$5426.3%Low
21Diamantina, Minas Gerais$320260$6223.7%Low
22Betim, Minas Gerais$308121$5930.9%Low
23Carrancas, Minas Gerais$300144$5622.3%Low
24Uberaba, Minas Gerais$299260$6028.6%Low
25São João del-Rei, Minas Gerais$291243$5525.4%Low
26Governador Valadares, Minas Gerais$275263$4430.0%Low
27Uberlândia, Minas Gerais$261743$3835.4%Low
28São Tomé das Letras, Minas Gerais$255630$5322.1%Low
29Montes Claros, Minas Gerais$216259$3331.3%Low
30Serro, Minas Gerais$200130$5519.0%Low

Most Expensive Airbnb Markets in Minas Gerais, Brazil by Nightly Rate

The average daily rate (ADR) measures how much guests pay per night in each market, making it the clearest indicator of a city's short-term rental pricing power. Capitólio, Minas Gerais commands the highest Airbnb nightly rate in Minas Gerais, Brazil at $154/night, generating $766/month at 22.9% occupancy. Markets with premium nightly pricing typically feature high-demand destinations where travelers pay a significant premium over hotel alternatives.

#MarketADRActive Listings (TTM)Revenue/moOccupancyRegulation
1Capitólio, Minas Gerais$154514$76622.9%Low
2Jaboticatubas, Minas Gerais$136193$81526.3%Low
3Gonçalves, Minas Gerais$130503$98029.7%Low
4Camanducaia, Minas Gerais$121603$81227.1%Low
5Brumadinho, Minas Gerais$115253$76728.1%Low
6Nova Lima, Minas Gerais$114166$96934.8%Low
7Lagoa Santa, Minas Gerais$111176$59527.6%Low
8Delfinópolis, Minas Gerais$107166$53723.4%Low
9Sapucaí-Mirim, Minas Gerais$106190$93131.1%Low
10Tiradentes, Minas Gerais$101624$70727.9%Low
11Santana do Riacho, Minas Gerais$101438$59224.0%Low
12Itamonte, Minas Gerais$84197$40222.6%Low
13Bocaina de Minas, Minas Gerais$79213$44524.5%Low
14Lima Duarte, Minas Gerais$68311$35922.2%Low
15Ouro Preto, Minas Gerais$65791$52930.9%Low
16Diamantina, Minas Gerais$62260$32023.7%Low
17Uberaba, Minas Gerais$60260$29928.6%Low
18Betim, Minas Gerais$59121$30830.9%Low
19Carrancas, Minas Gerais$56144$30022.3%Low
20Serro, Minas Gerais$55130$20019.0%Low
21São João del-Rei, Minas Gerais$55243$29125.4%Low
22São Lourenço, Minas Gerais$54271$32026.3%Low
23Poços de Caldas, Minas Gerais$53509$35930.4%Low
24Contagem, Minas Gerais$53187$37535.6%Low
25São Tomé das Letras, Minas Gerais$53630$25522.1%Low
26Juiz de Fora, Minas Gerais$52534$34234.5%Low
27Belo Horizonte, Minas Gerais$512,997$46439.3%Low
28Governador Valadares, Minas Gerais$44263$27530.0%Low
29Uberlândia, Minas Gerais$38743$26135.4%Low
30Montes Claros, Minas Gerais$33259$21631.3%Low

Highest Occupancy Airbnb Markets in Minas Gerais, Brazil

Airbnb occupancy rate measures the percentage of available nights actually booked — the most telling indicator of short-term rental demand in a market. Belo Horizonte, Minas Gerais leads Minas Gerais, Brazil with 39.3% occupancy, $464/month revenue, and 2,997 active listings. Markets with the highest STR occupancy rates reflect strong, sustained guest demand — a critical signal for investors evaluating where properties will stay consistently booked year-round. This ranking is filtered to markets with 100+ listings to ensure statistical reliability.

#MarketOccupancyActive Listings (TTM)Revenue/moADRRegulation
1Belo Horizonte, Minas Gerais39.3%2,997$464$51Low
2Contagem, Minas Gerais35.6%187$375$53Low
3Uberlândia, Minas Gerais35.4%743$261$38Low
4Nova Lima, Minas Gerais34.8%166$969$114Low
5Juiz de Fora, Minas Gerais34.5%534$342$52Low
6Montes Claros, Minas Gerais31.3%259$216$33Low
7Sapucaí-Mirim, Minas Gerais31.1%190$931$106Low
8Ouro Preto, Minas Gerais30.9%791$529$65Low
9Betim, Minas Gerais30.9%121$308$59Low
10Poços de Caldas, Minas Gerais30.4%509$359$53Low
11Governador Valadares, Minas Gerais30.0%263$275$44Low
12Gonçalves, Minas Gerais29.7%503$980$130Low
13Uberaba, Minas Gerais28.6%260$299$60Low
14Brumadinho, Minas Gerais28.1%253$767$115Low
15Tiradentes, Minas Gerais27.9%624$707$101Low
16Lagoa Santa, Minas Gerais27.6%176$595$111Low
17Camanducaia, Minas Gerais27.1%603$812$121Low
18Jaboticatubas, Minas Gerais26.3%193$815$136Low
19São Lourenço, Minas Gerais26.3%271$320$54Low
20São João del-Rei, Minas Gerais25.4%243$291$55Low
21Bocaina de Minas, Minas Gerais24.5%213$445$79Low
22Santana do Riacho, Minas Gerais24.0%438$592$101Low
23Diamantina, Minas Gerais23.7%260$320$62Low
24Delfinópolis, Minas Gerais23.4%166$537$107Low
25Capitólio, Minas Gerais22.9%514$766$154Low
26Itamonte, Minas Gerais22.6%197$402$84Low
27Carrancas, Minas Gerais22.3%144$300$56Low
28Lima Duarte, Minas Gerais22.2%311$359$68Low
29São Tomé das Letras, Minas Gerais22.1%630$255$53Low
30Serro, Minas Gerais19.0%130$200$55Low

How to Choose an Airbnb Investment Market in Minas Gerais, Brazil

No single ranking tells the full story. The best Airbnb market for a given investor depends on their capital, risk tolerance, operating model, and income goals. The four ranking dimensions on this page — market depth, revenue, ADR, and occupancy — serve different investor profiles.

If you prioritize predictable cash flow, start with the occupancy rankings. Markets where occupancy exceeds 55% offer consistent bookings and lower vacancy risk. High-occupancy markets may not have the highest nightly rates, but their revenue stability makes them better suited for mortgage-backed investments where monthly debt coverage matters more than peak earnings.

If you're targeting maximum income per property, use the revenue rankings. Revenue is the product of nightly rate and occupancy — it captures the combined effect of both. The highest-revenue Airbnb markets in Minas Gerais, Brazil tend to be destination cities where travelers stay longer and pay a premium for entire-home listings.

If you're evaluating luxury or premium positioning, the ADR rankings show where guests are willing to pay top dollar per night. High-ADR markets reward property upgrades, professional photography, and amenity investments. However, a high nightly rate with low occupancy may generate less income than a moderately priced listing that stays booked consistently.

If you want the deepest market data, the active listings rankings identify cities with the largest short-term rental supply. More listings mean more comparable properties for pricing, more data points for revenue projections, and typically a more liquid resale market if your investment thesis changes.

In all cases, check the regulation column before committing capital. A profitable market with high regulation may require permits, annual caps on rental days, or costly compliance steps that erode returns. Markets with low regulation offer faster time-to-market but may tighten rules as STR supply grows.

Short-Term Rental Regulation in Minas Gerais, Brazil

Understanding the regulatory environment is critical for any Airbnb investment in Minas Gerais, Brazil. Regulation affects licensing costs, annual operating limits, tax obligations, and the long-term viability of a short-term rental strategy.

Across the 30 markets ranked on this page: 30 have a low regulation profile (generally operator-friendly with minimal licensing requirements), 0 have medium regulation (some permit or registration requirements), and 0 have high regulation (strict licensing, annual rental day caps, or active enforcement). Markets with low regulation offer the lowest barrier to entry, while high-regulation markets may still be profitable — but require careful compliance planning and often limit the number of properties a single operator can manage.

AirROI classifies regulation as a market-level signal based on available ordinance data and platform registration patterns. This is not legal advice — always verify current local ordinances, as short-term rental rules can change rapidly, especially in high-growth markets where municipalities are actively responding to STR expansion.

How We Rank the Best Airbnb Investment Markets in Minas Gerais, Brazil

This page ranks Airbnb markets in Minas Gerais, Brazil across four dimensions that matter most to short-term rental investors and operators: market depth (active listings), revenue potential (monthly income per listing), pricing power (average daily rate), and booking demand (occupancy rate). Each ranking uses the same underlying dataset but sorts by a different metric, giving you multiple lenses to evaluate where to invest in Airbnb in Minas Gerais, Brazil.

No single metric tells the full story. A market with high ADR but low occupancy may underperform one with moderate pricing and strong demand. Revenue captures the combined effect of rate and occupancy, while active listings signal whether a market has enough depth for reliable benchmarking and a liquid resale environment. We include regulation data alongside every ranking so you can weigh compliance risk before committing capital.

Ranking Methodology & Data Sources

  • Active Listings (TTM): The count of active short-term rental listings in each market over the trailing twelve months — a proxy for market maturity, data reliability, and investor confidence in Minas Gerais, Brazil.
  • Monthly Revenue: Average gross revenue per listing per month — the bottom-line metric for evaluating Airbnb profitability in Minas Gerais, Brazil and projecting cash flow.
  • Average Daily Rate (ADR): The mean nightly booking price across all active listings — the clearest measure of a market's short-term rental pricing power.
  • Occupancy Rate: Percentage of available nights booked — the demand signal that determines how much of your nightly rate converts to actual income. Occupancy rankings are filtered to markets with 100+ listings to exclude small markets with unreliable averages.
  • Regulation: An indicator of the local regulatory climate in Minas Gerais, Brazil, from low (operator-friendly) to high (strict licensing and enforcement) — essential for assessing compliance risk.

All data is sourced from AirROI's proprietary analytics pipeline, which tracks 20,000,000+ properties across 190+ countries. Metrics are recalculated on a rolling basis using trailing twelve-month aggregates from active listings. For full methodology, see the data methodology page.

Frequently Asked Questions About the Best Airbnb Markets in Minas Gerais, Brazil

These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Minas Gerais, Brazil.

What are the best places to invest in Airbnb in Minas Gerais, Brazil?

Belo Horizonte, Minas Gerais leads this ranking for Minas Gerais, Brazil with 2,997 active listings — the largest market by depth. Markets are ranked by listing count because deeper markets offer more comparable data, more pricing benchmarks, and a more predictable operating environment for investors. Each row also shows revenue, ADR, occupancy, and regulation so investors can evaluate based on what matters most to them.

Which market has the highest Airbnb revenue in Minas Gerais, Brazil?

Gonçalves, Minas Gerais posts the highest average monthly revenue in this ranking at $980. Revenue leaders often combine healthy rates, solid occupancy, and enough listing scale to support repeatable operations rather than one-off outliers.

Which market has the strongest Airbnb occupancy in Minas Gerais, Brazil?

Belo Horizonte, Minas Gerais has the highest occupancy rate in this comparison at 39.3%. High occupancy can signal resilient demand, but investors still need to balance it against nightly rates, regulation, and supply depth before deciding where to buy or operate.

Which market has the highest Airbnb nightly rate in Minas Gerais, Brazil?

Capitólio, Minas Gerais commands the highest average daily rate at $154 per night. A high ADR does not automatically translate to the highest revenue — occupancy and seasonality determine how much of that rate converts to realized income.

Which Airbnb markets in Minas Gerais, Brazil have the lowest regulation?

Belo Horizonte (Minas Gerais), Ouro Preto (Minas Gerais), Uberlândia (Minas Gerais) currently show low regulation profiles in this ranking. Lower regulation can reduce compliance costs and time-to-market for new hosts, but investors should always verify local ordinances before purchasing — rules can change quickly as short-term rental markets grow.

Is short-term rental investing still profitable in Minas Gerais, Brazil in 2026?

The markets ranked here average 27.9% occupancy, and the top performer posts $980 in monthly revenue. Profitability depends on property acquisition cost, local operating expenses, and regulation compliance — but the data shows active, performing markets exist across Minas Gerais, Brazil for well-researched investors.

How often are AirROI's top Airbnb market rankings updated?

AirROI updates these rankings using the latest market snapshot available in the dataset, which for this page is anchored to 2026. Rankings should be treated as current market intelligence rather than permanent truths because pricing, demand, regulation, and supply can all shift over time.

What metrics should I use to evaluate Airbnb investments in Minas Gerais, Brazil?

The most important metrics for comparing short-term rental markets are active listing count (market depth and data reliability), occupancy rate (demand consistency), average daily rate (pricing power), monthly revenue (income potential), and regulation level (compliance cost and risk). This ranking sorts by market depth first; use the other columns to filter for the profile that fits your investment strategy.

What makes a good Airbnb market for first-time investors in Minas Gerais, Brazil?

First-time investors in Minas Gerais, Brazil should prioritize markets with high occupancy (55%+) and low regulation, which reduce the risk of empty calendars and compliance surprises. Markets with 200+ active listings also provide better benchmarking data and a more predictable operating environment. Revenue is important, but consistent demand is more forgiving for operators still learning pricing and guest management.

What is a good Airbnb occupancy rate in Minas Gerais, Brazil?

Across the markets ranked here, the average occupancy rate in Minas Gerais, Brazil is 27.9%. Occupancy above 50% is generally considered healthy for short-term rentals, and above 65% signals strong, sustained demand. However, the best occupancy rate depends on pricing strategy — some hosts maximize revenue by targeting fewer bookings at higher nightly rates rather than maximizing booking volume.

How does regulation affect Airbnb investment returns in Minas Gerais, Brazil?

Regulation is one of the most overlooked risks in short-term rental investing. In Minas Gerais, Brazil, 30 of 30 ranked markets have low regulation, 0 have medium, and 0 have high. High-regulation markets often require permits, limit annual rental days, or impose occupancy taxes — all of which reduce net returns. Low-regulation markets offer faster time-to-market and lower compliance costs, but rules can tighten as STR supply grows.

What is the difference between ADR and RevPAR for Airbnb investing?

ADR (Average Daily Rate) is the average nightly price guests pay, while RevPAR (Revenue Per Available Rental night) factors in both price and occupancy. A market with $200 ADR and 50% occupancy has $100 RevPAR — the same as a market with $125 ADR and 80% occupancy. RevPAR is a better single-number benchmark for comparing markets because it captures how effectively nightly rates convert to realized income. AirROI's city-level reports include RevPAR with percentile breakdowns for deeper analysis.

How many Airbnb listings does a market need to be investable in Minas Gerais, Brazil?

Markets with fewer than 100 active listings can show volatile averages that do not predict future performance. The median market in this Minas Gerais, Brazil ranking has about 260 listings. Larger markets (500+) offer more reliable data, more comparable properties for pricing, and typically a more liquid exit if you decide to sell. Smaller markets can still be profitable, but investors should treat the data as directional rather than precise.

How do seasonal and year-round Airbnb markets differ in Minas Gerais, Brazil?

Seasonal markets in Minas Gerais, Brazil experience dramatic swings in booking demand — often earning 60-70% of annual revenue in just 3-4 peak months. Year-round markets deliver steadier cash flow with lower peak-to-trough variation. Investors who need predictable monthly income should prioritize high-occupancy markets with low seasonal variance, while those comfortable with cash-flow timing can target seasonal markets where peak rates compensate for off-season softness.

About AirROI Market Data

AirROI tracks over 20 million properties across 190+ countries and maintains 15+ years of historical performance data, making it one of the deepest Airbnb and STR intelligence platforms available. The analytics pipeline aggregates listing-level data monthly — revenue, occupancy, nightly rates, RevPAR, guest demographics, booking patterns, and competitive supply — so investors and operators can benchmark any market against its own history and against neighboring destinations.

Real estate investors, property managers, financial institutions, hospitality consultants, and academic researchers rely on AirROI data to underwrite acquisitions, optimize pricing, model macro trends, and conduct peer-reviewed research. Data is available through in-depth market reports, the data portal for bulk downloads, the Airbnb API with 22 endpoints, and an Airbnb MCP Server for AI agents.

All metrics reflect trailing twelve-month aggregates from active listings as of 2026-04-09. Revenue figures are market averages, not projections. For full methodology, see the data methodology page.

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