Park Rapids 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 Park Rapids in 2025? Explore comprehensive Airbnb analytics for Park Rapids, Minnesota, United States to uncover income potential. This 2025 STR market report for Park Rapids, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 83 active listings.

Whether you're considering an Airbnb investment in Park Rapids, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Park Rapids 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 Park Rapids Airbnb Performance Metrics Overview

Avg. Daily Rate (ADR)(?)
$260
The average rental revenue earned for an occupied room per day in Park Rapids.
Occupancy Rate(?)
39.3%
Moderate demand with booking opportunities.
Median Annual Revenue(?)
$24,317
Typical annual income for an Airbnb listing in Park Rapids. Factors like property type, size, and location influence actual earnings.
Revenue Growth YoY(?)
-1.3%
Slight decrease (-1.3%) vs. last year.
Peak Revenue Month(?)
July
The month with the highest average earnings, indicating peak season in Park Rapids.
Lowest Revenue Month(?)
March
The month with the lowest average earnings, indicating the low season in Park Rapids.
STR Regulation Level(?)
Low
Fewer regulations, offering more operational flexibility.
Active Airbnb Listings(?)
83
Total number of active short-term rentals listed.

Monthly Airbnb Revenue Variations & Income Potential in Park Rapids (2025)

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

  • Best-in-class properties (Top 10%) achieve $6,800+ monthly, often utilizing dynamic pricing and superior guest experiences.
  • Strong performing properties (Top 25%) earn $4,423 or more, indicating effective management and desirable locations/amenities.
  • Typical properties (Median) generate around $2,222 per month, representing the average market performance.
  • Entry-level properties (Bottom 25%) see earnings around $1,164, often with potential for optimization.

Average Monthly Airbnb Earnings Trend in Park Rapids

Park Rapids Airbnb Occupancy Rate Trends (2025)

Maximize your bookings by understanding the Park Rapids STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees the highest demand (peak season occupancy), while March 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 Park Rapids:

  • Best-in-class properties (Top 10%) achieve 66%+ occupancy, indicating high desirability and potentially optimized availability.
  • Strong performing properties (Top 25%) maintain 49% or higher occupancy, suggesting good market fit and guest satisfaction.
  • Typical properties (Median) have an occupancy rate around 31%.
  • Entry-level properties (Bottom 25%) average 16% occupancy, potentially facing higher vacancy.

Average Monthly Occupancy Rate Trend in Park Rapids

Average Daily Rate (ADR) Airbnb Trends in Park Rapids (2025)

Effective short term rental pricing strategy in Park Rapids involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Park Rapids typically peaks in March and dips lowest during October. 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 $427+ per night, often due to premium features or locations.
  • Strong performing properties (Top 25%) achieve nightly rates of $331 or more.
  • Typical properties (Median) charge around $220 per night.
  • Entry-level properties (Bottom 25%) earn around $154 per night.

Average Daily Rate (ADR) Trend by Month in Park Rapids

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Airbnb Seasonality Analysis & Trends in Park Rapids (2025)

Peak Season (July, June, August)
  • Revenue averages $4,811 per month
  • Occupancy rates average 48.8%
  • Daily rates average $262
Shoulder Season
  • Revenue averages $2,931 per month
  • Occupancy maintains around 32.9%
  • Daily rates hold near $249
Low Season (February, March, November)
  • Revenue drops to average $1,799 per month
  • Occupancy decreases to average 24.8%
  • Daily rates adjust to average $262

Seasonality Insights for Park Rapids

  • The Airbnb seasonality in Park Rapids 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 Park Rapids's highest earning potential, with monthly revenues capable of climbing to $5,346, occupancy reaching a high of 54.7%, and ADRs peaking at $270.
  • 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 $1,594, occupancy could drop to 19.6%, and ADRs may adjust down to $230.
  • 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 Park Rapids.

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 Park Rapids seasonality benchmarks and adjust your pricing and availability strategy accordingly.

Best Areas for Airbnb Investment in Park Rapids (2025)

Exploring the top neighborhoods for short-term rentals in Park Rapids? 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
Heart Lake
A scenic spot known for its beautiful landscapes, Heart Lake is perfect for visitors looking to enjoy nature and tranquility. Close to outdoor activities such as fishing and hiking, it's a great retreat for families and couples.
Heart Lake, Fish Hook River, Scenic hiking trails, Nature parks, Wildlife viewing
Itasca State Park
Home to the headwaters of the Mississippi River, Itasca State Park offers stunning natural beauty and numerous recreational activities. It's a popular destination for those seeking adventure and relaxation in nature.
Itasca State Park, Headwaters of the Mississippi, Lake Itasca, Hiking and biking trails, Scenic overlooks
Park Rapids Main Street
This charming downtown area features unique shops, local restaurants, and a vibrant community atmosphere. Ideal for visitors wanting to explore local culture and cuisine.
Local shops, Art galleries, Restaurants, Community events, Historic buildings
Pine Beach
A beautiful beach area on the shores of Long Lake, Pine Beach is perfect for summer vacationers seeking water activities and sandy shores. Great for families looking for a fun day in the sun.
Long Lake, Swimming, Beach activities, Picnic areas, Water sports
Northern Lights Casino
A popular destination for those looking for entertainment and gaming. The casino attracts visitors year-round, making it a good spot for Airbnb hosting.
Northern Lights Casino, Live entertainment, Dining options, Gaming facilities, Event hosting
Bad Medicine Lake
Known for its deep clear waters and serene environment, Bad Medicine Lake is ideal for fishing and boating enthusiasts. Attracts nature lovers and those seeking a peaceful getaway.
Bad Medicine Lake, Fishing, Boating, Camping, Nature trails
Garrett Lake
A hidden gem in the area, Garrett Lake attracts visitors for relaxing and fishing. It's a peaceful spot for a weekend retreat, away from the crowds.
Garrett Lake, Fishing, Kayaking, Nature walks, Secluded picnic spots
Hungry Jack Lodge
This popular lodge area offers a range of outdoor activities year-round, including fishing in summer and snowmobiling in winter. It's a prime location for visitors looking for an active vacation.
Hungry Jack Lodge, Outdoor sports, Fishing, Winter activities, Lodging facilities

Understanding Airbnb License Requirements & STR Laws in Park Rapids (2025)

While Park Rapids, 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 Park Rapids to ensure full compliance before hosting.

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

Top Performing Airbnb Properties in Park Rapids (2025)

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

Stunning Log Cabin~Big Sand Lake

Stunning Log Cabin~Big Sand Lake

Entire Place • 5 bedrooms

$118,871
Revenue
32.5%
Occupancy
$732.60
Daily Rate
Unique contemporary Home / Game Room / Movie Room

Unique contemporary Home / Game Room / Movie Room

Entire Place • 7 bedrooms

$102,936
Revenue
46.2%
Occupancy
$534.86
Daily Rate
Luxury Lakefront Log Cabin on Lake Ojibway

Luxury Lakefront Log Cabin on Lake Ojibway

Entire Place • 4 bedrooms

$83,444
Revenue
55.7%
Occupancy
$342.58
Daily Rate
Designer Lakefront Cabin near Itasca State Park

Designer Lakefront Cabin near Itasca State Park

Entire Place • 2 bedrooms

$67,255
Revenue
43.8%
Occupancy
$298.76
Daily Rate
Log Lake Home, New huge Game room! FreeEV Chaging

Log Lake Home, New huge Game room! FreeEV Chaging

Entire Place • 5 bedrooms

$61,822
Revenue
31.8%
Occupancy
$475.58
Daily Rate
Gorgeous Lake View with Pontoon!

Gorgeous Lake View with Pontoon!

Entire Place • 4 bedrooms

$58,157
Revenue
49.2%
Occupancy
$258.40
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 Park Rapids (2025)

Learn from the best! This table showcases top-performing Airbnb hosts in Park Rapids 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
Bonnie9$226,5523054.40/5.0
Kelly2$164,7582144.92/5.0
Beau And Katie1$118,871414.88/5.0
Lake Life Lodging13$115,252221.82/5.0
Host #261600607$98,1531334.05/5.0
Chris4$89,8091684.89/5.0
Danika1$83,444225.00/5.0
Anne7$70,332402.84/5.0
Andrew1$67,255315.00/5.0
Scott1$58,157474.87/5.0

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 Park Rapids.

Dive Deeper: Advanced Park Rapids STR Market Data (2025)

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

Explore Advanced Metrics

Park Rapids Short-Term Rental Market Composition (2025): Property & Room Types

Room Type Distribution

Property Type Distribution

Market Composition Insights for Park Rapids

  • The Park Rapids Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 97.6% of the 83 active rentals. This indicates strong guest preference for privacy and space.
  • Looking at the property type distribution in Park Rapids, Outdoor/Unique properties are the most common (54.2%), reflecting the local real estate landscape.
  • Houses represent a significant 37.3% portion, catering likely to families or larger groups.
  • Smaller segments like hotel/boutique (combined 1.2%) offer potential for unique stay experiences.

Park Rapids Airbnb Room Capacity Analysis (2025): Bedroom Distribution

Distribution of Listings by Number of Bedrooms

Room Capacity Insights for Park Rapids

  • The dominant room capacity in Park Rapids is 2 bedrooms listings, making up 28.9% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
  • Together, 2 bedrooms and 3 bedrooms properties represent 51.8% of the active Airbnb listings in Park Rapids, indicating a high concentration in these sizes.
  • A significant 50.6% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Park Rapids.

Park Rapids Vacation Rental Guest Capacity Trends (2025)

Distribution of Listings by Guest Capacity

Guest Capacity Insights for Park Rapids

  • The most common guest capacity trend in Park Rapids vacation rentals is listings accommodating 8+ guests (36.1%). This suggests the primary traveler segment is likely larger groups.
  • Properties designed for 8+ guests and 6 guests dominate the Park Rapids STR market, accounting for 62.6% of listings.
  • 65.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Park Rapids.
  • On average, properties in Park Rapids are equipped to host 5.9 guests.

Park Rapids Airbnb Booking Patterns (2025): Available vs. Booked Days

Available Days Distribution

Booked Days Distribution

Booking Pattern Insights for Park Rapids

  • The most common availability pattern in Park Rapids falls within the 271-366 days range, representing 57.8% of listings. This suggests many properties have significant open periods on their calendars.
  • Approximately 90.3% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
  • For booked days, the 31-90 days range is most frequent in Park Rapids (37.3%), reflecting common guest stay durations or potential owner blocking patterns.
  • A notable 9.6% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.

Park Rapids Airbnb Minimum Stay Requirements Analysis

Distribution of Listings by Minimum Night Requirement

1 Night (5.5%)

1 Night

4 listings

5.5% of total

2 Nights (58.9%)

2 Nights

43 listings

58.9% of total

3 Nights (13.7%)

3 Nights

10 listings

13.7% of total

4-6 Nights (12.3%)

4-6 Nights

9 listings

12.3% of total

7-29 Nights (6.8%)

7-29 Nights

5 listings

6.8% of total

30+ Nights (2.7%)

30+ Nights

2 listings

2.7% of total

Key Insights

  • The most prevalent minimum stay requirement in Park Rapids is 2 Nights, adopted by 58.9% of listings. This highlights the market's preference for shorter, flexible bookings.
  • A strong majority (64.4%) of the Park Rapids Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
  • Dedicated monthly rentals (30+ nights) represent a small niche (2.7%), possibly an untapped area for hosts.

Recommendations

  • Align with the market by considering a 2 Nights minimum stay, as 58.9% of Park Rapids hosts use this setting.
  • If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 5.5% currently do.
  • A 2-night minimum appears standard (58.9%). Consider this for weekends or peak periods.
  • Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Park Rapids.

Park Rapids Airbnb Cancellation Policy Trends Analysis (2025)

Super Strict 60 Days

1 listings

1.6% of total

Flexible (18.8%)

Flexible

12 listings

18.8% of total

Moderate (18.8%)

Moderate

12 listings

18.8% of total

Firm (26.6%)

Firm

17 listings

26.6% of total

Strict (34.4%)

Strict

22 listings

34.4% of total

Cancellation Policy Insights for Park Rapids

  • The prevailing Airbnb cancellation policy trend in Park Rapids is Strict, used by 34.4% of listings.
  • A majority (61.0%) of hosts in Park Rapids utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.

Recommendations for Hosts

  • Consider adopting a Strict policy to align with the 34.4% market standard in Park Rapids.
  • With 34.4% using Strict terms, this is a viable option in Park Rapids, particularly for high-value properties or during peak demand periods.
  • Regularly review your cancellation policy against competitors and market demand shifts in Park Rapids.

Park Rapids STR Booking Lead Time Analysis (2025)

Average Booking Lead Time by Month

Booking Lead Time Insights for Park Rapids

  • The overall average booking lead time for vacation rentals in Park Rapids is 76 days.
  • Guests book furthest in advance for stays during July (average 149 days), likely coinciding with peak travel demand or local events.
  • The shortest booking windows occur for stays in December (average 59 days), indicating more last-minute travel plans during this time.
  • Seasonally, Summer (126 days avg.) sees the longest lead times, while Fall (77 days avg.) has the shortest, reflecting typical travel planning cycles.

Recommendations for Hosts

  • Use the overall average lead time (76 days) as a baseline for your pricing and availability strategy in Park Rapids.
  • For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 149 days out to capitalize on advance planning.
  • Target marketing efforts for the Summer season well in advance (at least 126 days) to capture early planners.
  • Monitor your own booking lead times against these Park Rapids averages to identify opportunities for dynamic pricing adjustments.

Popular & Essential Airbnb Amenities in Park Rapids (2025)

Amenity Prevalence

Amenity Insights for Park Rapids

  • Essential amenities in Park Rapids that guests expect include: Free parking on premises, Smoke alarm, Kitchen, Wifi. Lacking these (any) could significantly impact bookings.
  • Popular amenities like Hot water, Heating, Air conditioning are common but not universal. Offering these can provide a competitive edge.

Recommendations for Hosts

  • Ensure your listing includes all essential amenities for Park Rapids: Free parking on premises, Smoke alarm, Kitchen, Wifi.
  • Prioritize adding missing essentials: Smoke alarm, Kitchen, Wifi.
  • Consider adding popular differentiators like Hot water or Heating 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 Park Rapids to stay competitive.

Park Rapids 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 Park Rapids

  • The typical guest profile for Airbnb in Park Rapids consists of primarily domestic travelers (98%), 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 97.6% of guests.
  • Key international markets include United States (97.6%) and Canada (1.2%).
  • Top languages spoken are English (81.8%) followed by Spanish (6.8%).
  • 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 Park Rapids 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
East Side Township12$5,025$398.8943%
Fridley22$4,365$247.3160%
Nisswa66$4,259$378.5939%
Aitkin16$4,094$328.8146%
Pequot Lakes55$4,024$366.6544%
Cass Lake16$3,984$294.8954%
South Harbor Township14$3,907$354.6442%
Shoreview12$3,905$347.6255%
Andover14$3,867$275.2651%
Crosslake87$3,848$443.2241%

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