Is it profitable to do Airbnb in Minneapolis, United States?

What is the occupancy rate of Airbnb in Minneapolis, United States?

What is the average daily rate of Airbnb in Minneapolis, United States?

The United States / Minneapolis

Minneapolis, Airbnb Market Statistics & Data, United States

A typical short-term rental listing in Minneapolis is booked for 245 nights a year, with a median occupancy rate of 67% and an average daily rate of $121. In 2023, a typical host income (annual revenue) was $29K. As of 12th September, 2024, there are 1,645 active Airbnb listings.

Average Revenue: $29K/yr
Occupancy Rate
67%
Avg Daily Rate
$121
Mid Scale
No. of Listings
2,269
Medium
YoY Revenue Change
1.0%
Best Month
July
Regulation
Lenient
Learn More >
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,529
Average
$2,393
High
$3,120



Is Airbnb Profitable in Minneapolis?

Yes, there is good short-term rental demand. A 67% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! 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 rental investment typically is double the amount of traditional rentals.

Starting an Airbnb in Minneapolis

Short-term rental regulation is lenient in Minneapolis. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Minneapolis
A typical listing recorded a 67% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 4.38% of the guests are international guests, and visitors from United states is the largest group. Learn more about guest origin!.

You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 67%
1,645 Active Listings
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Explore Minneapolis's Airbnb Data
market map image
Best Areas in Minneapolis for Airbnb
Are you wondering where to invest in Minneapolis? Look no further!
  1. Downtown Minneapolis
  2. Minnehaha Park
  3. Lake Calhoun
  4. Walker Art Center
  5. Mall of America
  6. Chain of Lakes
  7. Mill City Museum
  8. Guthrie Theater
  9. Target Field
  10. Stone Arch Bridge
Top demand Airbnb in Minneapolis
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 1,645 listings.
listing_image
Entire home & 2 Bed
⭐5.0 (53)
Upper Level Duplex - Close to Lakes - Free Cancel
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$95
Daily Rate
View Listing
listing_image
Entire home & 1 Bed
⭐5.0 (56)
Spacious Apartment in SW Minneapolis
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$67
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (46)
Charming Linden Hills Bungalow Close to Everything
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$280
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (7)
MINNeSTAY* Design House at Linden Hills | Hot Tub
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$384
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (23)
Perfect Location! Safe/Walkable & Kid/Pet Friendly
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$295
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (32)
Lakeside guest suite
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$72
Daily Rate
View Listing
See 1,645 listing Statistics
Professional Short-term rental property managers in Minneapolis
We've compiled a list of host profiles that manage the most Airbnb properties in Minneapolis. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Minnestay724.8$1,23,234
Evolve194.1$1,23,234
Kasa114.6$1,23,234
Sonder (Minneapolis/St. Paul)494.1$1,23,234
RoomPicks132.2$1,23,234
Other short-term rental market data in Minneapolis
Here is a breakdown of short-let properties in Minneapolis. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type


Cancelation Policy Type


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