Forest Lake Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Minnesota, United States

Source: AirROI
Last updated: 2025-03-31

Is Airbnb profitable in Forest Lake in 2025? Explore comprehensive Airbnb analytics for Forest Lake, Minnesota, United States to uncover income potential. This 2025 STR market report for Forest Lake, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 23 active listings.

Whether you're considering an Airbnb investment in Forest Lake, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Forest Lake Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.

Key Forest Lake Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$314
The average rental revenue earned for an occupied room per day in Forest Lake.
Occupancy Rate(?)
44.7%
Moderate demand with booking opportunities.
Median Annual Revenue(?)
$50,237
Typical annual income for an Airbnb listing in Forest Lake. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
20.9%
Strong growth (20.9%) vs. last year.
Peak Revenue Month(?)
June
The month with the highest average earnings, indicating peak season in Forest Lake.
Lowest Revenue Month(?)
November
The month with the lowest average earnings, indicating the low season in Forest Lake.
STR Regulation Level(?)
Low
Fewer regulations, offering more operational flexibility.
Active Airbnb Listings(?)
23
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Forest Lake (2025)

Understanding the monthly revenue variations for Airbnb listings in Forest Lake 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 Forest Lake is typically June, while November often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Forest Lake across different performance tiers:

  • Best-in-class properties (Top 10%) achieve $11,669+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $6,432 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $3,564 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $2,056, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Forest Lake

Forest Lake Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Forest Lake STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while April 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 Forest Lake:

  • Best-in-class properties (Top 10%) achieve 70%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 60% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 41%.
  • Entry-level properties (Bottom 25%) average 25% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Forest Lake

Average Daily Rate (ADR) Airbnb Trends in Forest Lake (2025)

Effective short term rental pricing strategy in Forest Lake involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Forest Lake typically peaks in March and dips lowest during November. 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 $572+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $372 or more.
  • Typical properties (Median) charge around $265 per night.
  • Entry-level properties (Bottom 25%) earn around $146 per night.

Average Daily Rate (ADR) Trend by Month in Forest Lake

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Airbnb Seasonality Analysis & Trends in Forest Lake (2025)

Peak Season (June, July, May)
  • Revenue averages $7,710 per month
  • Occupancy rates average 56.8%
  • Daily rates average $303
Shoulder Season
  • Revenue averages $4,946 per month
  • Occupancy maintains around 41.3%
  • Daily rates hold near $300
Low Season (February, October, November)
  • Revenue drops to average $3,234 per month
  • Occupancy decreases to average 34.6%
  • Daily rates adjust to average $282

Seasonality Insights for Forest Lake

  • The Airbnb seasonality in Forest Lake shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
  • During the high season, the absolute peak month showcases Forest Lake's highest earning potential, with monthly revenues capable of climbing to $7,828, occupancy reaching a high of 71.7%, and ADRs peaking at $317.
  • Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $2,700, occupancy could drop to 25.0%, and ADRs may adjust down to $276.
  • 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 Forest Lake.

Seasonal Strategies for Maximizing Profit

  • Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
  • Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
  • Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
  • Regularly analyze your own performance against these Forest Lake seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Forest Lake (2025)

Exploring the top neighborhoods for short-term rentals in Forest Lake? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.

Neighborhood / AreaWhy Host Here? (Target Guests & Appeal)Key Attractions & Landmarks
Downtown Forest Lake
The heart of Forest Lake with shops, restaurants, and entertainment options. Ideal for travelers looking for convenience and access to local events.
Forest Lake City Hall, Forest Lake Downtown Park, local shops and cafes, Farmers Market, Annual events and festivals
Forest Lake Beach
A popular spot for outdoor lovers, this area features beautiful lakeside views and recreational activities, perfect for families and visitors during the summer months.
Forest Lake Beach, Paddleboarding, Picnic areas, Fishing spots, Swimming and water sports
Century Avenue
A growing area with easy access to major highways, shopping centers, and restaurants. Great for business travelers and those looking for a suburban getaway.
Centennial Park, local dining options, golf courses nearby, shopping areas, close to main highways
Forest Hills
A peaceful residential neighborhood close to parks and recreational areas, ideal for families and those seeking relaxation away from city bustle.
Forest Hills Golf Club, Parks and walking trails, Quiet residential spaces, Community events, Nearby shopping
North Shore
Known for its beautiful natural scenery alongside the lake, attracts nature enthusiasts and those looking for scenic getaways.
Scenic Lake views, Nature trails, Bird-watching opportunities, Recreational areas, Local wildlife
South Forest Lake
A quieter part of town with many family-friendly options and parks, suitable for longer stays for families and groups.
Parks, Playgrounds, Nearby schools, Local shopping, Community centers
East Forest Lake
A blend of suburban living and outdoor activities, with easy access to the lake and recreational facilities.
Lake access, Local restaurants, Near schools and parks, Community events, Recreational sports facilities
West Forest Lake
A suburban area with a mix of quiet residential spaces and easy access to amenities, perfect for visitors looking for a peaceful stay.
Parks and nature reserves, Community events, Shopping nearby, Quiet neighborhoods, Local dining options

Understanding Airbnb License Requirements & STR Laws in Forest Lake (2025)

While Forest Lake, Minnesota, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Forest Lake to ensure full compliance before hosting.

(Source: AirROI data, 2025, finding no licensed listings among those analyzed)

Top Performing Airbnb Properties in Forest Lake (2025)

Benchmark your potential! Explore examples of top-performing Airbnb properties in Forest Lakebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.

Lake Home, Hot Tub, Sauna, Boat, Private Chef

Lake Home, Hot Tub, Sauna, Boat, Private Chef

Entire Place • 4 bedrooms

$148,444
Revenue
66.4%
Occupancy
$561.40
Daily Rate
Large home w/ pool, hot tub & arcade

Large home w/ pool, hot tub & arcade

Entire Place • 5 bedrooms

$134,303
Revenue
72.6%
Occupancy
$502.03
Daily Rate
Retreat At Forest Lake

Retreat At Forest Lake

Entire Place • 5 bedrooms

$113,545
Revenue
31.1%
Occupancy
$656.27
Daily Rate
*Private Lakefront Home, Pool Table Games *Dogs Ok

*Private Lakefront Home, Pool Table Games *Dogs Ok

Entire Place • 3 bedrooms

$97,155
Revenue
74.5%
Occupancy
$513.94
Daily Rate
Forest Lake Retreat: Enjoy Any Season on The Water

Forest Lake Retreat: Enjoy Any Season on The Water

Entire Place • 3 bedrooms

$78,447
Revenue
56.6%
Occupancy
$305.03
Daily Rate
The Boat House

The Boat House

Entire Place • 4 bedrooms

$56,931
Revenue
44.9%
Occupancy
$590.51
Daily Rate

Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.

Top Performing Airbnb Hosts in Forest Lake (2025)

Learn from the best! This table showcases top-performing Airbnb hosts in Forest Lake based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.

Host NamePropertiesGrossing RevenueStay ReviewsAvg Rating
Rebecca1$148,444574.81/5.0
Katie1$134,303264.96/5.0
Andrew1$113,545244.92/5.0
The Retreats1$97,155344.97/5.0
Heather1$78,447464.93/5.0
Chelsea2$66,043484.92/5.0
Coleman1$56,931154.93/5.0
Chelsey1$54,5731104.95/5.0
Andrew1$46,042175.00/5.0
Charlie1$45,848394.87/5.0

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 Forest Lake.

Dive Deeper: Advanced Forest Lake STR Market Data (2025)

Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Forest Lake. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.

Explore Advanced Metrics

Forest Lake Short-Term Rental Market Composition (2025): Property & Room Types

Room Type Distribution

Property Type Distribution

Market Composition Insights for Forest Lake

  • The Forest Lake Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 100% of the 23 active rentals. This indicates strong guest preference for privacy and space.
  • Looking at the property type distribution in Forest Lake, House properties are the most common (69.6%), reflecting the local real estate landscape.
  • Houses represent a significant 69.6% portion, catering likely to families or larger groups.

Forest Lake Airbnb Room Capacity Analysis (2025): Bedroom Distribution

Distribution of Listings by Number of Bedrooms

Room Capacity Insights for Forest Lake

  • The dominant room capacity in Forest Lake is 3 bedrooms listings, making up 43.5% of the market. This suggests a strong demand for properties suitable for families or small groups.
  • Together, 3 bedrooms and 4 bedrooms properties represent 65.2% of the active Airbnb listings in Forest Lake, indicating a high concentration in these sizes.
  • A significant 73.9% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Forest Lake.

Forest Lake Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Forest Lake

  • The most common guest capacity trend in Forest Lake vacation rentals is listings accommodating 8+ guests (60.9%). This suggests the primary traveler segment is likely larger groups.
  • Properties designed for 8+ guests and 6 guests dominate the Forest Lake STR market, accounting for 82.6% of listings.
  • 82.6% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Forest Lake.
  • On average, properties in Forest Lake are equipped to host 6.7 guests.

Forest Lake Airbnb Booking Patterns (2025): Available vs. Booked Days

Available Days Distribution

Booked Days Distribution

Booking Pattern Insights for Forest Lake

  • The most common availability pattern in Forest Lake falls within the 181-270 days range, representing 65.2% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 73.9% 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 Forest Lake (60.9%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 30.4% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.

Forest Lake Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (13.6%)

1 Night

3 listings

13.6% of total

2 Nights (50%)

2 Nights

11 listings

50% of total

3 Nights (9.1%)

3 Nights

2 listings

9.1% of total

4-6 Nights (4.5%)

4-6 Nights

1 listings

4.5% of total

7-29 Nights (9.1%)

7-29 Nights

2 listings

9.1% of total

30+ Nights (13.6%)

30+ Nights

3 listings

13.6% of total

Key Insights

  • The most prevalent minimum stay requirement in Forest Lake is 2 Nights, adopted by 50% of listings. This highlights the market's preference for shorter, flexible bookings.
  • A strong majority (63.6%) of the Forest Lake Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
  • A significant segment (13.6%) caters to monthly stays (30+ nights) in Forest Lake, pointing to opportunities in the extended-stay market.

Recommendations

  • Align with the market by considering a 2 Nights minimum stay, as 50% of Forest Lake hosts use this setting.
  • If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 13.6% currently do.
  • A 2-night minimum appears standard (50%). Consider this for weekends or peak periods.
  • Explore offering discounts for stays of 30+ nights to attract the 13.6% of the market seeking extended stays.
  • Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Forest Lake.

Forest Lake Airbnb Cancellation Policy Trends Analysis (2025)

Flexible (9.5%)

Flexible

2 listings

9.5% of total

Moderate (28.6%)

Moderate

6 listings

28.6% of total

Firm (42.9%)

Firm

9 listings

42.9% of total

Strict (19%)

Strict

4 listings

19% of total

Cancellation Policy Insights for Forest Lake

  • The prevailing Airbnb cancellation policy trend in Forest Lake is Firm, used by 42.9% of listings.
  • A majority (61.9%) of hosts in Forest Lake utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.

Recommendations for Hosts

  • Consider adopting a Firm policy to align with the 42.9% market standard in Forest Lake.
  • Regularly review your cancellation policy against competitors and market demand shifts in Forest Lake.

Forest Lake STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Forest Lake

  • The overall average booking lead time for vacation rentals in Forest Lake is 41 days.
  • Guests book furthest in advance for stays during July (average 127 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in April (average 19 days), indicating more last-minute travel plans during this time.
  • Seasonally, Summer (97 days avg.) sees the longest lead times, while Spring (44 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (41 days) as a baseline for your pricing and availability strategy in Forest Lake.
  • For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 127 days out to capitalize on advance planning.
  • Target marketing efforts for the Summer season well in advance (at least 97 days) to capture early planners.
  • Monitor your own booking lead times against these Forest Lake averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Forest Lake (2025)

Amenity Prevalence

Amenity Insights for Forest Lake

  • Essential amenities in Forest Lake that guests expect include: Smoke alarm, Free parking on premises, Carbon monoxide alarm, TV, Fire extinguisher, Air conditioning, Wifi, Extra pillows and blankets, Dishes and silverware, Heating. Lacking these (any) could significantly impact bookings.

Recommendations for Hosts

  • Ensure your listing includes all essential amenities for Forest Lake: Smoke alarm, Free parking on premises, Carbon monoxide alarm, TV, Fire extinguisher, Air conditioning, Wifi, Extra pillows and blankets, Dishes and silverware, Heating.
  • Prioritize adding missing essentials: Extra pillows and blankets, Dishes and silverware, Heating.
  • 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 Forest Lake to stay competitive.

Forest Lake Airbnb Guest Demographics & Profile Analysis (2025)

Guest Origin: Domestic vs. International
Top 5 Cities of Origin
Top 5 Countries of Origin
Top 5 Languages Spoken
Guest Age Distribution (Birth Decade)

Guest Profile Summary for Forest Lake

  • The typical guest profile for Airbnb in Forest Lake consists of primarily domestic travelers (97%), 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 97.3% of guests.
  • Key international markets include United States (97.3%) and Canada (1.4%).
  • Top languages spoken are English (86.5%) followed by Spanish (7.3%).
  • 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.

Nearby Short-Term Rental Market Comparison

How does the Forest Lake 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.

MarketActive PropertiesMonthly RevenueDaily RateAvg. Occupancy
Silver Creek Township19$5,489$325.0058%
Lakeland10$5,444$483.1751%
Hastings17$5,439$339.0047%
Excelsior25$5,087$330.6556%
East Side Township12$5,025$398.8943%
Hudson22$4,844$520.6848%
Town of Clover17$4,811$253.3661%
Wayzata15$4,685$361.0954%
Scandia11$4,597$436.7142%
Town of Georgetown15$4,408$433.0843%

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