Richfield, Minnesota Airbnb Market Data 2026: STR Report & Statistics
How much can you earn on Airbnb in Richfield, Minnesota? Based on AirROI's 2026 dataset (April 2025 – March 2026), the short answer is $37,521 per year — at a $240 nightly rate, 46.9% occupancy, and a $121 RevPAR that reflects moderate rate-to-revenue efficiency with room to optimize.
At 73 active listings, Richfield is a boutique market where moderate demand with room for well-positioned listings to outperform. Supply grew 102.8% over the past year, yet revenue and nightly rates both trended upward — a signal that traveler demand is outpacing new inventory rather than being diluted by it. For hosts, pricing power remains intact even as competition increases.
Regulation is low with minimal registration requirements, pointing to an operator-friendly environment. In a market this size, differentiated listings with strong reviews can capture outsized returns relative to the competition.
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What Are the Key Airbnb Metrics in Richfield?
In Richfield, the headline Airbnb metrics are $37,521 in average annual revenue,46.9% occupancy, $240 ADR, and $121 in RevPAR, and guests book about 36 days in advance.
How Much Do Airbnb Hosts Earn Monthly in Richfield?
Understanding the monthly revenue variations for Airbnb listings in Richfield is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Richfield is typically July, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Richfield across different performance tiers:
- Best-in-class properties (Top 10%) achieve $7,810+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $5,360 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $3,137 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,636, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Richfield
What Is the Monthly Airbnb Occupancy Rate in Richfield?
Maximize your bookings by understanding the Richfield STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees the highest demand (peak season occupancy), while February experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Richfield:
- Best-in-class properties (Top 10%) achieve 79%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 66% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 49%.
- Entry-level properties (Bottom 25%) average 31% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Richfield
What Is the Average Airbnb Nightly Rate in Richfield?
Effective short term rental pricing strategy in Richfield involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Richfield typically peaks in June and dips lowest during February. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $414+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $320 or more.
- Typical properties (Median) charge around $217 per night.
- Entry-level properties (Bottom 25%) earn around $124 per night.
Average Daily Rate (ADR) Trend by Month in Richfield
What Is the RevPAR for Airbnb in Richfield?
RevPAR in Richfield is currently $121. Because RevPAR combines nightly rates with realized occupancy, it is one of the cleanest ways to compare how efficiently listings turn demand into revenue across the market.
- Entry-level properties (Bottom 25%) see $56 RevPAR.
- Typical properties (Median) generate $94 RevPAR.
- Strong performers (Top 25%) earn $167 RevPAR.
- Best-in-class (Top 10%) achieve $227 RevPAR.
Average Monthly RevPAR Trend in Richfield
RevPAR Insights for Richfield
- The average RevPAR in Richfield is $121. This metric combines nightly rates with realized occupancy, making it one of the best single-number indicators of market efficiency.
- The gap between the top 10% ($227) and bottom 25% ($56) is $171, indicating significant performance disparity driven by property quality, pricing strategy, and location.
- RevPAR peaks in Jul and bottoms out in Feb, mirroring the broader seasonal demand pattern and suggesting opportunities for dynamic pricing.
Recommendations for Hosts
- Track your own RevPAR monthly against these Richfield benchmarks. If your RevPAR falls below the median of $94, examine whether low occupancy or low ADR is the primary drag.
- Top-quartile listings achieve $167+ RevPAR through a combination of competitive pricing, strong reviews, and strategic amenities. Target this tier through incremental improvements.
- Use RevPAR rather than revenue alone when comparing properties of different sizes — it normalizes for available nights and gives a more accurate picture of performance.
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When Is the Peak Season for Airbnb in Richfield?
Richfield's peak Airbnb season falls in July, August, June, while the softest stretch is January, February, March. Overall, the market shows highly seasonal trends requiring careful strategy, which should guide pricing, minimum stays, and cash-flow planning.
Peak Season (July, August, June)
- Revenue averages $5,655 per month
- Occupancy rates average 62.9%
- Daily rates average $253
Shoulder Season
- Revenue averages $3,807 per month
- Occupancy maintains around 48.1%
- Daily rates hold near $233
Low Season (January, February, March)
- Revenue drops to average $2,257 per month
- Occupancy decreases to average 35.6%
- Daily rates adjust to average $216
Seasonality Insights for Richfield
- Airbnb seasonality in Richfield is pronounced. Revenue swings sharply between peak and low months, which means pricing strategy, minimum-stay settings, and cash reserves all need to account for extended slower periods.
- During the high season, the absolute peak month showcases Richfield's highest earning potential, with monthly revenues climbing to $5,950, occupancy reaching 67.2%, and ADRs peaking at $260.
- Conversely, the slowest single month marks the market's lowest point — revenue may dip to $1,852, occupancy could drop to 33.5%, and ADRs may adjust to $213.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Richfield.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability and consider tightening cancellation policies to reduce last-minute gaps.
- Low Season: Offer competitive pricing, extended-stay discounts, and flexible cancellation policies. Target off-season travelers like remote workers, budget-conscious guests, and travelers with flexible schedules.
- Shoulder Seasons: Implement dynamic pricing that bridges peak and low rates. Target weekend travelers, local events, and business visitors. Slightly more flexible terms than peak season can help maintain occupancy without deep discounting.
- In a highly seasonal market like Richfield, building a cash reserve during the top months is essential for covering fixed costs during the slow period. Automated pricing tools can help capture demand shifts in real time.
Do You Need a License for Airbnb in Richfield?
Low regulation and minimal registration activity in Richfield, Minnesota, United States point to an operator-friendly environment. That said, even low-regulation markets may have tax collection requirements, safety standards, or HOA rules that affect short-term rental operations. Always verify the latest short-term rental regulations and Airbnb license requirements directly with local government authorities for Richfield to ensure full compliance before hosting.
(Source: AirROI data, 2026, finding no licensed listings among those analyzed)
What Are the Best Neighborhoods for Airbnb in Richfield?
Richfield is a smaller vacation rental market where a handful of neighborhoods drive most of the booking activity. Choosing the right area is especially important in boutique markets — there is less room for a mediocre location to succeed on volume alone. The areas below highlight where short-term rental demand is strongest and why.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| South Richfield | A residential area with easy access to major highways and a mix of suburban tranquility and urban convenience. Close to parks and community centers, making it appealing for families and those seeking a quieter stay near the Twin Cities. | Wood Lake Nature Center, South Richfield Park, Richfield Historical Society, Veterans Park, Richfield Arena |
| Richfield Lake | This area surrounds Richfield Lake and offers serene views and outdoor recreational activities. Ideal for travelers who enjoy nature, walking paths, and water activities. | Richfield Lake Park, Lake Nokomis, Bruno's Restaurant and Bar, Rowing, fishing, and kayaking opportunities |
| Northeast Richfield | A growing area known for its friendly community and proximity to Minneapolis. Offers a mix of older homes and new developments, popular among young professionals and families. | Northeast Park, Richfield Community Center, MLK Park, Local cafes and restaurants |
| Richfield Retail District | An area centered around shopping and dining, attracting visitors looking for convenience and variety. Offers easy access to major retail stores, restaurants, and entertainment. | Southtown Shopping Center, Richfield Plaza, Restaurants and fast-food chains, Movie theaters |
| West Richfield | Close to the Minneapolis border, this area combines suburban living with easy downtown access. Great for business travelers or those attending events in the city. | Galleria Edina, Minnehaha Creek, Local dining options, Parks and recreation areas |
| Richfield Historical District | A charming neighborhood filled with historic homes and a strong sense of community. Attracts history enthusiasts and families looking for a quaint neighborhood to explore. | Richfield Historical Museum, Local antique shops, Community events, Historic architecture |
| Richfield Senior Center Area | Known for its community-oriented facilities and services, this area attracts those looking for a welcoming and engaging environment, often appealing to older demographics. | Richfield Senior Center, Parks and walking trails, Community programs and activities |
| Richfield Sports Complex | A hub for sports and recreation, perfect for families and active travelers. Offers various sporting events and activities throughout the year. | Richfield Sports Complex, Baseball and soccer fields, Community events, Youth sports leagues |
With 8 distinct neighborhoods showing meaningful short-term rental activity, Richfield offers diversification within a single market. Investors can tailor their strategy — from high-turnover tourist zones to quieter residential areas that attract longer stays and remote workers.
What Types of Properties Are on Airbnb in Richfield?
Room Type Distribution
Property Type Distribution
Market Composition Insights for Richfield
- The Richfield Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 86.3% of the 73 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Richfield, House properties are the most common (75.3%), reflecting the local real estate landscape.
- Houses represent a significant 75.3% portion, catering likely to families or larger groups.
- Smaller segments like hotel/boutique (combined 1.4%) offer potential for unique stay experiences.
Richfield Airbnb Room Capacity Analysis (2026): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Richfield
- The dominant room capacity in Richfield is 3 bedrooms listings, making up 24.7% of the market. This suggests a strong demand for properties suitable for families or small groups.
- Together, 3 bedrooms and 2 bedrooms properties represent 46.6% of the active Airbnb listings in Richfield, indicating a high concentration in these sizes.
- A significant 53.5% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Richfield.
Richfield Vacation Rental Guest Capacity Trends (2026)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Richfield
- The most common guest capacity trend in Richfield vacation rentals is listings accommodating 8+ guests (38.4%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 8+ guests and 6 guests dominate the Richfield STR market, accounting for 53.5% of listings.
- 60.3% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Richfield.
- On average, properties in Richfield are equipped to host 5.5 guests.
How Do Listings in Richfield Compare on Quality?
Listing quality in Richfield can be approximated through presentation depth, bedroom count, and how often hosts disclose exact locations. These signals show how professionally the local supply base is merchandised.
Listing Quality Insights for Richfield
- At 35 photos per listing on average, Richfield hosts invest well in visual presentation. Listings with 20+ photos consistently outperform in search ranking and conversion.
- 9.6% of listings show their exact location. Lower disclosure rates can increase booking hesitation — guests want to know exactly where they are staying.
Recommendations for Hosts
- Enable exact location if possible — it removes a common source of guest uncertainty and can improve your listing's position in map-based searches.
- Use these quality indicators as a self-audit checklist. Listings that exceed the Richfield averages across all three metrics are better positioned for premium pricing.
What Amenities Do Airbnb Guests Expect in Richfield?
Amenity Prevalence
Amenity Insights for Richfield
- Essential amenities in Richfield that guests expect include: Air conditioning, Heating, Smoke alarm, Wifi, Carbon monoxide alarm, Hot water. Lacking these (any) could significantly impact bookings.
- Popular amenities like Coffee maker, Bed linens, Free parking on premises are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Richfield: Air conditioning, Heating, Smoke alarm, Wifi, Carbon monoxide alarm, Hot water.
- Prioritize adding missing essentials: Air conditioning, Heating, Hot water.
- Consider adding popular differentiators like Coffee maker or Bed linens to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Richfield to stay competitive.
Which Airbnb Amenities Boost Revenue in Richfield?
Not every amenity matters equally. This table focuses on the amenities most associated with higher revenue in Richfield, which makes it more useful for prioritizing upgrades than a simple popularity list alone.
| Amenity | Prevalence | Revenue With | Revenue Without | Revenue Uplift |
|---|---|---|---|---|
Dishes and silverware | 89.0% | $40,538 | $13,006 | 211.7% |
Arcade gamesHigh opportunity | 9.6% | $96,483 | $31,267 | 208.6% |
Hair dryer | 90.4% | $39,924 | $14,864 | 168.6% |
Dryer | 90.4% | $39,895 | $15,136 | 163.6% |
Cooking basics | 90.4% | $39,834 | $15,715 | 153.5% |
Baking sheet | 64.4% | $47,684 | $19,150 | 149.0% |
Refrigerator | 91.8% | $39,411 | $16,416 | 140.1% |
Hot tubHigh opportunity | 8.2% | $80,414 | $33,680 | 138.8% |
Exterior security cameras on property | 65.8% | $46,456 | $20,365 | 128.1% |
Toaster | 80.8% | $42,021 | $18,557 | 126.4% |
Revenue Impact Insights for Richfield
- Dishes and silverware tops the revenue impact list with a 211.7% uplift — listings with this amenity earn $40,538 vs. $13,006 without it.
- High-opportunity amenities — Arcade games, Hot tub — combine revenue uplift above 100% with prevalence under 10%, meaning most competitors haven't adopted them yet.
- Dishes and silverware, Hair dryer, Dryer, Cooking basics, Refrigerator, Toaster — while widespread — still correlate with meaningful revenue gains, making them table stakes rather than true differentiators.
Recommendations for Hosts
- Prioritize adding Arcade games — it has the best combination of high revenue impact and low market saturation in Richfield.
- Focus your upgrade budget on amenities in the top half of this table. Below-median amenities may improve guest experience but contribute less to revenue growth.
- Highlight revenue-impacting amenities prominently in your listing title, photos, and description — guests can't value what they don't notice.
Dive Deeper: Advanced Richfield STR Market Data (2026)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Richfield. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsRichfield Airbnb Guest Demographics & Profile Analysis (2026)
Guest Profile Summary for Richfield
- The typical guest profile for Airbnb in Richfield consists of primarily domestic travelers (93%), often arriving from nearby Minneapolis, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 93.3% of guests.
- Key international markets include United States (93.3%) and Canada (2.7%).
- Top languages spoken are English (73.3%) followed by Spanish (13.3%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Minneapolis and Saint Paul.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
What Are Airbnb Guest Ratings in Richfield?
Listings in Richfield average 4.84 out of 5 overall, with about 101.6 reviews per active listing and 50.7% of listings carrying the Guest Favorite badge.
Rating Breakdown by Category
Guest Rating Insights for Richfield
- With an overall rating of 4.84, Richfield listings meet an exceptionally high bar. Guests consistently report strong satisfaction, which drives repeat bookings and referral traffic.
- The strongest subcategory is Check-in (4.94), while Value (4.79) trails behind — a useful signal for hosts looking to prioritize upgrades.
- 50.7% of listings carry the Guest Favorite badge, a strong trust signal that can meaningfully lift click-through and booking rates.
Recommendations for Hosts
- Focus improvement efforts on Value — even small gains in the weakest subcategory can lift overall ratings and search ranking.
- Encourage guests to leave reviews after checkout. Listings with more reviews rank higher in search results and convert browsers into bookers more effectively.
Richfield Airbnb Booking Patterns (2026): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Richfield
- The most common availability pattern in Richfield falls within the 181-270 days range, representing 38.4% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 65.8% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Richfield (37%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 38.4% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
How Far in Advance Do Guests Book Airbnb in Richfield?
Average Booking Lead Time by Month
Booking Lead Time Insights for Richfield
- The overall average booking lead time for vacation rentals in Richfield is 36 days.
- Guests book furthest in advance for stays during July (average 48 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in April (average 22 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (44 days avg.) sees the longest lead times, while Winter (27 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (36 days) as a baseline for your pricing and availability strategy in Richfield.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 48 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 44 days) to capture early planners.
- Monitor your own booking lead times against these Richfield averages to identify opportunities for dynamic pricing adjustments.
What Is the Average Length of Stay for Airbnb in Richfield?
Guests in Richfield stay about 6 nights on average, generating roughly 2,168 reservations and 29.7 bookings per listing in the latest AirROI dataset. The most common check-in time is 4:00 PM and check-out is 11:00 AM.
Monthly Length of Stay in Richfield
Check-in Time Distribution
Check-out Time Distribution
Stay Pattern Insights for Richfield
- A mid-range stay length points to leisure-driven demand — weekend getaways and short vacations. Hosts should optimize for quick turnover efficiency while keeping the guest experience smooth.
- At 29.7 bookings per listing, the turnover rate is high. Hosts with streamlined operations (self-check-in, automated messaging, reliable cleaners) have a structural advantage.
- Stay lengths peak in Jul (7.1 nights) and shorten in Mar (4 nights). Adjust minimum-night requirements seasonally to match.
Recommendations for Hosts
- Leverage the longer-stay pattern by offering weekly discounts — even 5-10% off can convert browsing into bookings for guests considering an extended stay.
- Set your check-in time to match or beat the market standard of 4:00 PM. Offering early check-in flexibility can be a low-cost differentiator.
- Monitor length-of-stay seasonality to adjust minimum-night requirements — longer minimums during peak periods maximize revenue while shorter minimums fill gaps in shoulder seasons.
Richfield Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
10 listings
13.7% of total
2 Nights
16 listings
21.9% of total
3 Nights
4 listings
5.5% of total
4-6 Nights
2 listings
2.7% of total
7-29 Nights
8 listings
11% of total
30+ Nights
33 listings
45.2% of total
Key Insights
- The most prevalent minimum stay requirement in Richfield is 30+ Nights, adopted by 45.2% of listings. This highlights the market's preference for longer commitments.
- A significant segment (45.2%) caters to monthly stays (30+ nights) in Richfield, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 30+ Nights minimum stay, as 45.2% of Richfield hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 13.7% currently do.
- Explore offering discounts for stays of 30+ nights to attract the 45.2% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Richfield.
Richfield Airbnb Cancellation Policy Trends Analysis (2026)
Limited
3 listings
4.1% of total
Super Strict 30 Days
1 listings
1.4% of total
Flexible
13 listings
17.8% of total
Moderate
22 listings
30.1% of total
Firm
17 listings
23.3% of total
Strict
17 listings
23.3% of total
Cancellation Policy Insights for Richfield
- The prevailing Airbnb cancellation policy trend in Richfield is Moderate, used by 30.1% of listings.
- There's a relatively balanced mix between guest-friendly (47.9%) and stricter (46.6%) policies, offering choices for different guest needs.
Recommendations for Hosts
- Consider adopting a Moderate policy to align with the 30.1% market standard in Richfield.
- Regularly review your cancellation policy against competitors and market demand shifts in Richfield.
How Much Are Airbnb Cleaning Fees in Richfield?
Cleaning fees in Richfield are meaningful operating levers, not just pass-through charges. What matters most is how often hosts charge them, how high they run relative to market norms, and how large a share of gross revenue they consume.
Cleaning Fee Insights for Richfield
- 86.3% of listings charge a cleaning fee, making it standard practice in Richfield. Guests expect it and factor it into their booking decisions.
- The gap between the average ($245) and median ($150) cleaning fee indicates some high-end properties are pulling the average up considerably.
- Cleaning fees represent 11.5% of gross revenue on average — a significant line item that impacts total guest cost and competitiveness.
Recommendations for Hosts
- Price your cleaning fee competitively against the Richfield median of $150. Fees significantly above market norms can deter bookings, especially for shorter stays.
- Consider whether bundling the cleaning fee into a slightly higher nightly rate might improve conversion, since many guests filter by total price and separate fees can feel punitive.
- Monitor competitor cleaning fees regularly. Airbnb's search algorithm factors in total price, so a well-calibrated cleaning fee can improve your listing's ranking.
What Do the Top Airbnb Listings in Richfield Look Like?
Benchmark your potential! Explore examples of top-performing Airbnb properties in Richfieldbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Ultimate Retreat Hot Tub, Games & MOA Minutes Away
Entire Place • 5 bedrooms
Large Group Getaway 5 mins MSP/MOA |Theatre Room
Entire Place • 6 bedrooms
Hot Tub | MSP Airport| Mall| Minneapolis| St Paul
Entire Place • 4 bedrooms
Midcentury Beauty, close to the airport and MOA
Entire Place • 5 bedrooms
Basketball Court | Pickleball | Karaoke | 6 Beds
Entire Place • 4 bedrooms
New Hot Tub | 5 Min to Airport/Mall | Games & More
Entire Place • 3 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Who Are the Top Airbnb Hosts in Richfield?
Learn from the best! This table showcases top-performing Airbnb hosts in Richfield based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Greg | 2 | $205,551 | 252 | 4.87/5.0 |
| John-Lukas | 2 | $165,382 | 215 | 4.85/5.0 |
| Mike | 2 | $150,573 | 194 | 4.88/5.0 |
| Kanchan | 2 | $148,234 | 98 | 4.93/5.0 |
| Russell | 4 | $106,855 | 395 | 4.91/5.0 |
| David | 1 | $105,499 | 33 | 4.94/5.0 |
| Nicole | 1 | $94,956 | 124 | 4.88/5.0 |
| Katrina | 1 | $83,429 | 167 | 4.90/5.0 |
| Hunter | 1 | $80,791 | 98 | 4.97/5.0 |
| Nicholas | 1 | $80,498 | 163 | 4.91/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Richfield.
Who Are the Airbnb Hosts in Richfield?
Richfield is a quality-focused market, with a high Superhost share and fairly mature operating standards.
Host Profile Insights for Richfield
- With 68.5% Superhosts, Richfield has an experienced host base that sets high guest expectations. New entrants should plan for competitive quality standards.
- 4.1% of listings are professionally managed, reflecting a market still dominated by individual hosts.
- 1.4% of listings have Instant Book enabled. Lower Instant Book adoption means many guests must request approval, which can slow conversions.
- 80.8% of listings use Airbnb's simplified pricing (host-only fee), where the host pays the entire platform service fee and the guest sees one all-in price with no separate Airbnb service charge. High adoption signals a professional, PMS-connected host base — Airbnb mandates simplified pricing for software-connected listings.
Recommendations for Hosts
- Consider enabling Instant Book — it reduces booking friction and Airbnb's algorithm tends to favor Instant Book listings in search results.
- With 43.8% cohosted listings, there may be a growing local market for property management services.
- Benchmark your host metrics against these Richfield averages regularly and adjust your hosting strategy based on what top performers do differently.
Top Professional Management Companies in Richfield
These are the highest-grossing professional property management operations in Richfield, ranked by total revenue across their portfolio. Their performance metrics offer a benchmark for what institutional-level hosting looks like in this market.
| Company | Listings | Revenue | ADR | Occ. | Rating |
|---|---|---|---|---|---|
| John-Lukas | 2 | $165,382 | $425 | 74.3% | 4.85/5 |
| Minnestay | 2 | $73,826 | $502 | 34.7% | 4.60/5 |
| Evolve | 1 | $55,682 | $352 | 43.2% | 4.74/5 |
Management Company Insights for Richfield
- The leading management company, John-Lukas, operates 2 listings with $165,382 in gross revenue — a useful benchmark for what scale looks like in Richfield.
- Top managers average 2 properties each, suggesting professional management in Richfield still operates at a relatively boutique scale.
- Professionally managed listings in the top tier average 4.73/5 in guest ratings — demonstrating that scale and quality can coexist.
Recommendations
- With only 4.1% of listings professionally managed, there may be an opportunity to differentiate through more structured operations and consistent guest experiences.
- Study how top management companies price, position, and maintain their portfolios — their ADR and occupancy rates reflect strategies refined across dozens of listings.
- If you're considering hiring a property manager, compare their portfolio performance against these benchmarks before committing.
How Does Richfield's Airbnb Market Compare to Nearby Cities?
How does the Richfield Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
Compared with Shoreview, Richfield has 6 percentage points lower occupancy and about $243 lower ADR. That helps frame whether this market is winning more on demand, pricing, or both.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Hastings | 14 | $6,506 | $504.44 | 45% |
| Shoreview | 12 | $5,549 | $483.36 | 53% |
| Wayzata | 20 | $4,854 | $442.08 | 50% |
| Forest Lake | 25 | $4,776 | $412.22 | 46% |
| Andover | 15 | $4,460 | $320.27 | 48% |
| Mound | 15 | $4,358 | $470.25 | 50% |
| Town of Georgetown | 18 | $4,345 | $620.77 | 34% |
| Scandia | 12 | $4,268 | $453.49 | 37% |
| Stillwater | 54 | $4,202 | $376.44 | 40% |
| Fridley | 25 | $4,202 | $307.66 | 51% |
Frequently Asked Questions About Airbnb in Richfield
These quick answers summarize the most common investor and operator questions using AirROI's latest market data for Richfield.
How much do Airbnb hosts make in Richfield?
Richfield hosts earn about $37,521 per year on average, with an average nightly rate of $240 and RevPAR of $121. Those figures describe the typical revenue environment for active listings in Richfield, Minnesota, not the ceiling for the best operators. Source: AirROI 2026 data, Richfield market, April 2025 to March 2026.
What is the average Airbnb occupancy rate in Richfield?
The average Airbnb occupancy rate in Richfield is 46.9%. July is the strongest month and February is the softest, so hosts should expect demand to move meaningfully throughout the year rather than stay flat.
What is the average Airbnb daily rate in Richfield?
Listings in Richfield average $240 per night. The broader pricing spread also matters: lower-performing listings cluster closer to the lower quartiles, while premium homes can price materially above the city average when demand spikes or listing quality stands out.
How many Airbnb listings are active in Richfield?
Richfield currently has about 73 active Airbnb listings in AirROI's market dataset. That supply count helps explain how competitive the market is, how much depth there is for benchmarking, and whether the market behaves like a niche destination or a scaled urban market.
How strict are short-term rental regulations in Richfield?
AirROI currently classifies the short-term rental regulation level in Richfield as Low. The dataset also shows about 0.0% of listings with registration evidence. That is a market signal, not legal advice, so hosts should still confirm current licensing and compliance rules locally before listing.
What is the RevPAR for Airbnb in Richfield?
RevPAR in Richfield is about $121. That metric combines pricing and occupancy into one efficiency number, so it is often a better quick benchmark than ADR alone when investors want to compare how well listings convert nightly rates into realized revenue.
Is Airbnb profitable in Richfield?
At 46.9% occupancy, Richfield can be profitable — but margins depend heavily on operating costs, property acquisition price, and how well hosts optimize pricing across seasons. Average annual revenue is $37,521, but individual returns depend on property type, location within the city, and the host's operating efficiency.
How far in advance do guests book Airbnb in Richfield?
The average booking lead time in Richfield is about 36 days — a moderate lead time that gives hosts planning visibility while still benefiting from last-minute bookings. Hosts who understand their market's booking cadence can adjust minimum stays and pricing windows accordingly.
What are the best neighborhoods for Airbnb in Richfield?
Based on AirROI's analysis, some of the top neighborhoods for short-term rentals in Richfield include South Richfield, Richfield Lake, Northeast Richfield. Each area attracts different guest profiles — from business travelers to leisure visitors — so the best location depends on the property type and target audience a host is aiming for. See the full neighborhood breakdown above.
What type of property performs best on Airbnb in Richfield?
entire_home listings make up 86.3% of the active supply in Richfield. The most common configuration does not always mean the most profitable — operators who identify underserved property types or bedroom counts can sometimes outperform the market average by filling a gap in local supply.
How does Richfield compare to nearby Airbnb markets?
Among neighboring markets, Hastings posts $78,078 in average annual revenue with 45.2% occupancy, compared to Richfield's $37,521 and 46.9%. Comparing nearby markets helps investors understand whether a destination's performance reflects local demand or broader regional trends.
What is the average length of stay in Richfield?
The average Airbnb stay length in Richfield is about 6 nights. That matters for turnover, cleaning operations, and pricing strategy because shorter stays increase changeovers while longer stays can smooth occupancy and reduce operational friction.
What is the average Airbnb guest rating in Richfield?
Airbnb listings in Richfield average 4.84 out of 5 overall. About 50.7% of listings carry the guest favorite badge, which suggests a meaningful share of inventory is competing on review quality rather than price alone.
Which amenities boost Airbnb revenue in Richfield?
Dishes and silverware and Arcade games are among the strongest revenue-linked amenities in Richfield. In AirROI's latest dataset, listings with these amenities outperform those without on average revenue, which makes amenities analysis useful for prioritizing investment and listing upgrades.
Do Airbnb hosts charge cleaning fees in Richfield?
Yes. About 86.3% of active Airbnb listings in Richfield charge a cleaning fee, and the average fee is $245. The more important operating benchmark is how much of gross revenue that fee consumes, not just the absolute dollar amount.
What percentage of Airbnb hosts are Superhosts in Richfield?
A 68.5% Superhost rate signals a highly competitive market where review quality and responsiveness are table stakes, not differentiators.
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, hedge funds, tourism boards, hospitality consultants, tech platforms, 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 like this one and the Airbnb API with 22 endpoints and an Airbnb MCP Server for AI agents.
AirROI proprietary analytics as of 2026-03-31. Metrics reflect trailing twelve-month aggregates from active listings. Revenue figures are market averages, not projections. Neighborhood descriptions are AI-generated and reviewed for accuracy. For full methodology, see the data methodology page.