Fargo, North Dakota
Airbnb Market Data & Overview
USA

Is it profitable to do Airbnb in Fargo, North Dakota, USA?

What is the occupancy rate of Airbnb in Fargo, North Dakota, USA?

What is the average daily rate of Airbnb in Fargo, North Dakota, USA?

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Fargo, North Dakota, USA Airbnb Data

Last updated on: 15th May, 2024

USA / North dakota / Fargo, North Dakota
Investing in a short-term rental can be highly stable and profitable. It's stable because housing has been one of the most stable asset classes. Also, when you can't do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment's annual return is 8.5% before taxes are considered.
Without further ado, let's see if Fargo, North Dakota is good for Airbnb.
Occupancy Rate

64%

$108

Daily Rate

$25K+

Revenue (2023)

8.4%

Net Yield

264

Number of Listings
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Is Airbnb Profitable in Fargo, North Dakota ?

Maybe, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 8.4%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don't have to pay a mortgage interest. A typical 1 bedroom listing in Fargo, North Dakota is booked for 263 nights a year, with a median occupancy rate of 72% and an average daily rate of $75. In Fargo, North Dakota, A typical host income (annual revenue) was $18,371 in 2023.

Best Areas in Fargo for Airbnb

Are you wondering where to invest in Fargo? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Downtown Fargo
  2. Fargo-Moorhead Visitors Center
  3. Red River Zoo
  4. Plains Art Museum
  5. Fargo Air Museum
  6. Lindenwood Park
  7. Bonanzaville USA
  8. Fargo Theatre
  9. Rourke Art Museum
  10. Thunder Road Family Fun Park
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore Fargo, North Dakota's Airbnb Data
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