Saint Paul, Minnesota| Airbnb Market Data & Overview | USA
Saint Paul, Minnesota Airbnb Market Data & Overview USA
Is it profitable to do Airbnb in Saint Paul, Minnesota, USA?
What is the occupancy rate of Airbnb in Saint Paul, Minnesota,
USA?
What is the average daily rate of Airbnb in Saint Paul, Minnesota,
USA?
Saint Paul, Minnesota, USA Airbnb Data
Last updated on: 5th May, 2024
USA / Saint Paul, Minnesota
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
Saint Paul, Minnesota is good for Airbnb.
Maybe, it’s profitable to Airbnb
because the average net rental yield for a
one-bedroom property is
7.7%.
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 Saint Paul, Minnesota is booked for
248 nights a year, with a median
occupancy rate of 68% and an average
daily rate of $90. In Saint Paul, Minnesota, A typical
host income (annual revenue) was
$22,709 in 2023.
Best Areas in
Saint Paul for
Airbnb
Are you wondering where to invest in Saint Paul? 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. 🚀
Xcel Energy Center
Cathedral of Saint Paul
Como Park Zoo & Conservatory
Science Museum of Minnesota
Minnesota State Capitol
Mississippi National River and Recreation Area
Landmark Center
Minnesota Children’s Museum
James J Hill House
Union Depot
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?
Signup and check out more in-depth
vacation rental data for free.
