Top 30 Best Places in Minnesota, United States to Invest in Airbnb & Short-Term Rentals (2025)

Source: AirROI

Last updated: 2025-06-01

Unlock high-ROI opportunities in Minnesota, United States‘s booming short-term rental (STR) market. This 2025 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 2025.

Top Short-Term Rental Markets in Minnesota, United States

Rank:#1Market:MinneapolisCountry:United StatesProperties:1,464Monthly Revenue:$2059.21Daily Rate (ADR):$180.17Occupancy:49.26%Regulation:High
Rank:#2Market:Saint PaulCountry:United StatesProperties:616Monthly Revenue:$1856.07Daily Rate (ADR):$157.70Occupancy:48.13%Regulation:Moderate
Rank:#3Market:RochesterCountry:United StatesProperties:529Monthly Revenue:$1447.14Daily Rate (ADR):$129.20Occupancy:51.51%Regulation:Low
Rank:#4Market:DuluthCountry:United StatesProperties:320Monthly Revenue:$2911.53Daily Rate (ADR):$249.36Occupancy:46.09%Regulation:Moderate
Rank:#5Market:Lutsen TownshipCountry:United StatesProperties:159Monthly Revenue:$4393.93Daily Rate (ADR):$399.56Occupancy:40.23%Regulation:Low
Rank:#6Market:AlexandriaCountry:United StatesProperties:126Monthly Revenue:$2537.27Daily Rate (ADR):$363.59Occupancy:36.85%Regulation:Low
Rank:#7Market:West CookCountry:United StatesProperties:115Monthly Revenue:$3950.66Daily Rate (ADR):$341.13Occupancy:46.90%Regulation:Low
Rank:#8Market:CrosbyCountry:United StatesProperties:108Monthly Revenue:$1459.83Daily Rate (ADR):$180.21Occupancy:35.44%Regulation:Low
Rank:#9Market:CrosslakeCountry:United StatesProperties:93Monthly Revenue:$3144.41Daily Rate (ADR):$449.49Occupancy:38.90%Regulation:Low
Rank:#10Market:Park RapidsCountry:United StatesProperties:91Monthly Revenue:$1574.22Daily Rate (ADR):$277.10Occupancy:34.64%Regulation:Low
Rank:#11Market:BrainerdCountry:United StatesProperties:83Monthly Revenue:$3016.94Daily Rate (ADR):$320.17Occupancy:40.94%Regulation:Low
Rank:#12Market:RichfieldCountry:United StatesProperties:82Monthly Revenue:$2424.71Daily Rate (ADR):$210.97Occupancy:48.36%Regulation:Low
Rank:#13Market:NisswaCountry:United StatesProperties:73Monthly Revenue:$3805.33Daily Rate (ADR):$392.51Occupancy:37.82%Regulation:Low
Rank:#14Market:Saint Louis ParkCountry:United StatesProperties:69Monthly Revenue:$1626.48Daily Rate (ADR):$165.64Occupancy:43.48%Regulation:Low
Rank:#15Market:Two HarborsCountry:United StatesProperties:66Monthly Revenue:$2661.32Daily Rate (ADR):$209.58Occupancy:46.02%Regulation:Low
Rank:#16Market:DentCountry:United StatesProperties:64Monthly Revenue:$1211.58Daily Rate (ADR):$299.59Occupancy:27.31%Regulation:High
Rank:#17Market:Pequot LakesCountry:United StatesProperties:61Monthly Revenue:$3008.06Daily Rate (ADR):$372.92Occupancy:38.84%Regulation:Low
Rank:#18Market:BemidjiCountry:United StatesProperties:60Monthly Revenue:$2256.16Daily Rate (ADR):$281.33Occupancy:39.63%Regulation:Low
Rank:#19Market:WinonaCountry:United StatesProperties:60Monthly Revenue:$1724.17Daily Rate (ADR):$151.15Occupancy:45.55%Regulation:Low
Rank:#20Market:Grand MaraisCountry:United StatesProperties:58Monthly Revenue:$3728.04Daily Rate (ADR):$278.60Occupancy:48.80%Regulation:Low
Rank:#21Market:WalkerCountry:United StatesProperties:58Monthly Revenue:$2151.53Daily Rate (ADR):$404.40Occupancy:29.39%Regulation:Low
Rank:#22Market:Detroit LakesCountry:United StatesProperties:56Monthly Revenue:$2085.19Daily Rate (ADR):$316.93Occupancy:39.38%Regulation:Low
Rank:#23Market:StillwaterCountry:United StatesProperties:56Monthly Revenue:$3733.00Daily Rate (ADR):$363.38Occupancy:42.19%Regulation:Low
Rank:#24Market:Lake CityCountry:United StatesProperties:53Monthly Revenue:$1270.74Daily Rate (ADR):$226.58Occupancy:25.80%Regulation:Low
Rank:#25Market:Grand RapidsCountry:United StatesProperties:49Monthly Revenue:$2041.18Daily Rate (ADR):$234.68Occupancy:39.96%Regulation:Low
Rank:#26Market:East CookCountry:United StatesProperties:47Monthly Revenue:$2827.36Daily Rate (ADR):$238.04Occupancy:49.52%Regulation:Low
Rank:#27Market:Breezy PointCountry:United StatesProperties:44Monthly Revenue:$2377.12Daily Rate (ADR):$337.20Occupancy:38.43%Regulation:Low
Rank:#28Market:WabashaCountry:United StatesProperties:44Monthly Revenue:$1642.98Daily Rate (ADR):$193.66Occupancy:29.95%Regulation:Low
Rank:#29Market:MankatoCountry:United StatesProperties:43Monthly Revenue:$1296.51Daily Rate (ADR):$171.54Occupancy:33.40%Regulation:Low
Rank:#30Market:Tofte TownshipCountry:United StatesProperties:43Monthly Revenue:$3855.83Daily Rate (ADR):$281.40Occupancy:49.09%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.

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