Best Places in Minnesota, United States to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: March 31, 2025

Discover the most lucrative short-term rental markets in Minnesota, United States with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2025.

Top Short-Term Rental Cities in Minnesota, United States

Rank:#1Market:MinneapolisCountry:United StatesProperties:1,387Monthly Revenue:$2321.26Daily Rate:$174.51Occupancy:51.24%Regulation:High
Rank:#2Market:Saint PaulCountry:United StatesProperties:573Monthly Revenue:$2100.92Daily Rate:$150.21Occupancy:50.45%Regulation:Moderate
Rank:#3Market:RochesterCountry:United StatesProperties:483Monthly Revenue:$1561.80Daily Rate:$122.82Occupancy:52.03%Regulation:Low
Rank:#4Market:DuluthCountry:United StatesProperties:287Monthly Revenue:$3421.79Daily Rate:$229.83Occupancy:49.74%Regulation:Moderate
Rank:#5Market:Lutsen TownshipCountry:United StatesProperties:165Monthly Revenue:$4321.99Daily Rate:$387.87Occupancy:39.18%Regulation:Low
Rank:#6Market:AlexandriaCountry:United StatesProperties:113Monthly Revenue:$3164.29Daily Rate:$347.84Occupancy:41.74%Regulation:Low
Rank:#7Market:West CookCountry:United StatesProperties:111Monthly Revenue:$4242.93Daily Rate:$335.89Occupancy:46.92%Regulation:Low
Rank:#8Market:CrosbyCountry:United StatesProperties:107Monthly Revenue:$1694.46Daily Rate:$177.20Occupancy:36.79%Regulation:Low
Rank:#9Market:CrosslakeCountry:United StatesProperties:87Monthly Revenue:$3848.47Daily Rate:$443.22Occupancy:41.20%Regulation:Low
Rank:#10Market:Park RapidsCountry:United StatesProperties:83Monthly Revenue:$2026.42Daily Rate:$259.53Occupancy:39.29%Regulation:Low
Rank:#11Market:BrainerdCountry:United StatesProperties:80Monthly Revenue:$3725.13Daily Rate:$313.78Occupancy:43.52%Regulation:Low
Rank:#12Market:RichfieldCountry:United StatesProperties:72Monthly Revenue:$2921.48Daily Rate:$186.60Occupancy:50.25%Regulation:Low
Rank:#13Market:NisswaCountry:United StatesProperties:66Monthly Revenue:$4259.47Daily Rate:$378.59Occupancy:39.22%Regulation:Low
Rank:#14Market:Two HarborsCountry:United StatesProperties:66Monthly Revenue:$2849.64Daily Rate:$205.92Occupancy:46.45%Regulation:Low
Rank:#15Market:BemidjiCountry:United StatesProperties:61Monthly Revenue:$2331.80Daily Rate:$267.86Occupancy:42.45%Regulation:Low
Rank:#16Market:Saint Louis ParkCountry:United StatesProperties:58Monthly Revenue:$2009.57Daily Rate:$157.84Occupancy:46.01%Regulation:Low
Rank:#17Market:Detroit LakesCountry:United StatesProperties:57Monthly Revenue:$2653.96Daily Rate:$301.31Occupancy:42.77%Regulation:Low
Rank:#18Market:Grand MaraisCountry:United StatesProperties:56Monthly Revenue:$3881.05Daily Rate:$272.95Occupancy:49.83%Regulation:Low
Rank:#19Market:Pequot LakesCountry:United StatesProperties:55Monthly Revenue:$4023.73Daily Rate:$366.65Occupancy:44.05%Regulation:Low
Rank:#20Market:WalkerCountry:United StatesProperties:54Monthly Revenue:$2423.31Daily Rate:$389.79Occupancy:32.81%Regulation:Low
Rank:#21Market:WinonaCountry:United StatesProperties:54Monthly Revenue:$2094.23Daily Rate:$143.47Occupancy:50.46%Regulation:Low
Rank:#22Market:StillwaterCountry:United StatesProperties:52Monthly Revenue:$4163.83Daily Rate:$356.65Occupancy:44.66%Regulation:Low
Rank:#23Market:Grand RapidsCountry:United StatesProperties:50Monthly Revenue:$2301.39Daily Rate:$220.83Occupancy:40.81%Regulation:Low
Rank:#24Market:East CookCountry:United StatesProperties:45Monthly Revenue:$3149.50Daily Rate:$235.58Occupancy:51.67%Regulation:Low
Rank:#25Market:WabashaCountry:United StatesProperties:45Monthly Revenue:$1726.29Daily Rate:$185.53Occupancy:30.78%Regulation:Low
Rank:#26Market:NorthfieldCountry:United StatesProperties:40Monthly Revenue:$2340.88Daily Rate:$177.78Occupancy:52.42%Regulation:Low
Rank:#27Market:Tofte TownshipCountry:United StatesProperties:39Monthly Revenue:$4210.39Daily Rate:$269.63Occupancy:51.40%Regulation:Low
Rank:#28Market:Breezy PointCountry:United StatesProperties:38Monthly Revenue:$3211.66Daily Rate:$319.26Occupancy:42.66%Regulation:Low
Rank:#29Market:ElyCountry:United StatesProperties:38Monthly Revenue:$2973.57Daily Rate:$206.70Occupancy:48.04%Regulation:Low
Rank:#30Market:MankatoCountry:United StatesProperties:38Monthly Revenue:$1693.67Daily Rate:$163.80Occupancy:37.39%Regulation:Low

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

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