Best Airbnb Markets in Minnesota (2026)

Based on Airbtics data from September 2025 to August 2026, this page ranks the best Airbnb markets in Minnesota by Market Grade. The grade compares short-term rental yield, year-over-year revenue growth, and occupancy (demand), then adjusts for local regulation. The table also shows listing count, average daily rate, and annual revenue for every market.

Markets on this page are ranked by the Airbtics Market Grade, not by the number of listings. The grade compares each market with the other markets in this ranking on three measures, then adjusts for local short-term rental regulation.

  1. Yield: Annual short-term rental revenue divided by property price. A higher yield ranks higher.
  2. Growth: Year-over-year change in revenue. Faster revenue growth ranks higher.
  3. Demand: Average occupancy rate over the last 12 months. Higher occupancy ranks higher.

Stricter short-term rental regulation lowers the letter grade. Occupancy, average daily rate, and annual revenue are shown for every market. Exact yield and revenue growth are published for the three highest-graded markets. For every other market those two figures are in Market Explorer. The rankboard plots the same markets by occupancy and average daily rate, and the table under the chart lists those values in text.

Learn more about how we collect the data and accuracy

Last updated: 16th October, 2026

Minnesota Short-Term Rental Market Overview (September 2025 to August 2026)

National averages across all Minnesota markets
Average Occupancy Rate i
62.25%
Average Annual Revenue i
$49,312
Average Daily Rate (ADR) i
$215
YoY Supply Growth i
29.77%
YoY Revenue Change i
5.75%

Top 4 Minnesota Cities for Airbnb in 2026

Tick the markets you like to track their revenue, occupancy, and ADR in your Airbtics watchlist. Free to start, up to 10 markets.

Position Market Grade Market Name Regulation No of Listings Avg. Occupancy Rate Avg. Daily Rate Revenue Short-term Rental Yield Revenue Growth
1BBrainerd
Lenient
98453%$326$65,78530.8%+7.4%
2C+Duluth
Lenient
1,39158%$220$48,66426.2%+1.0%
3C+Rochester
Lenient
67872% 🚀$153$41,99019.4%+10.1%
4D+Minneapolis
Strict
1,38266% 🚀$162$40,811Unlock in Market ExplorerUnlock in Market Explorer

Data Seen By

Market Explorer

Filter markets by occupancy, price, and yield

Filter Minnesota by occupancy, ADR, yield, rent gap, and property price, then compare markets side by side.

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Find the Best Airbnb Markets with Our Interactive Tool

Use our interactive Market Explorer to find the best places to start an Airbnb in Minnesota. Compare multiple markets side by side, apply filters like regulations, budget (property or rent prices), and market size, and even export the results to Excel.

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Why Invest in Airbnb Minnesota in 2026?

The highest-graded short-term rental markets in Minnesota are Brainerd, Duluth and Rochester. The table ranks every tracked market by Airbtics Market Grade. Occupancy, average daily rate, annual revenue, yield, and revenue growth are the figures behind that grade.

Top 3 Airbnb markets in Minnesota by Market Grade

These are the three highest-graded Airbnb markets in Minnesota. Market Grade compares yield, revenue growth, and occupancy (demand) with the other markets on this page, then adjusts for short-term rental regulation. The chart repeats those three percentiles in text so the ranking is readable without the graphic.

Rank 1 — Brainerd (Grade B)

Brainerd is rank 1 of 4 markets in this Minnesota ranking by Airbtics Market Grade B, with 30.8% short-term rental yield, 53.0% occupancy, and +7.4% year-over-year revenue growth.

Compared with the other markets on this page, Brainerd ranks top 12% for yield, top 38% for growth, and lowest 12% for demand. The market shows an average daily rate of $326, annual revenue of $65,785, a rent gap of 5566.7%, 984 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of $175,000.

  • Market gradeB
  • Yield30.8%
  • Revenue growth+7.4%
  • Occupancy53.0%
  • Average daily rate$326
  • Annual revenue$65,785
  • Rent gap5566.7%
  • Active listings984
  • 2-bedroom price$175,000
  • RegulationLenient
top 12%Yieldtop 38%Growthlowest 12%Demand

Percentile versus other Minnesota markets on this page. Farther from the center is stronger.

  • Yield: top 12%
  • Growth: top 38%
  • Demand: lowest 12%

Rank 2 — Duluth (Grade C+)

Duluth is rank 2 of 4 markets in this Minnesota ranking by Airbtics Market Grade C+, with 26.2% short-term rental yield, 58.0% occupancy, and +1.0% year-over-year revenue growth.

Compared with the other markets on this page, Duluth ranks top 38% for yield, lowest 12% for growth, and lowest 38% for demand. The market shows an average daily rate of $220, annual revenue of $48,664, a rent gap of 3934.7%, 1,391 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of $200,000.

  • Market gradeC+
  • Yield26.2%
  • Revenue growth+1.0%
  • Occupancy58.0%
  • Average daily rate$220
  • Annual revenue$48,664
  • Rent gap3934.7%
  • Active listings1,391
  • 2-bedroom price$200,000
  • RegulationLenient
top 38%Yieldlowest 12%Growthlowest 38%Demand

Percentile versus other Minnesota markets on this page. Farther from the center is stronger.

  • Yield: top 38%
  • Growth: lowest 12%
  • Demand: lowest 38%

Rank 3 — Rochester (Grade C+)

Rochester is rank 3 of 4 markets in this Minnesota ranking by Airbtics Market Grade C+, with 19.4% short-term rental yield, 72.0% occupancy, and +10.1% year-over-year revenue growth.

Compared with the other markets on this page, Rochester ranks lowest 38% for yield, top 12% for growth, and top 12% for demand. The market shows an average daily rate of $153, annual revenue of $41,990, a rent gap of 3175.0%, 678 active listings, lenient short-term rental regulation, and a typical 2-bedroom property price of $220,000.

  • Market gradeC+
  • Yield19.4%
  • Revenue growth+10.1%
  • Occupancy72.0%
  • Average daily rate$153
  • Annual revenue$41,990
  • Rent gap3175.0%
  • Active listings678
  • 2-bedroom price$220,000
  • RegulationLenient
lowest 38%Yieldtop 12%Growthtop 12%Demand

Percentile versus other Minnesota markets on this page. Farther from the center is stronger.

  • Yield: lowest 38%
  • Growth: top 12%
  • Demand: top 12%

Market Rankboard: Minnesota

Each dot is a vacation rental market in Minnesota, plotted by occupancy rate (x-axis) and average daily rate (ADR) (y-axis). Dashed lines mark the national median.

Minnesota Airbnb markets rankboard scatter chart showing occupancy rate versus average daily rate (ADR)
Occupancy rate and average daily rate for each Minnesota market plotted in the chart above, in Market Grade order.
MarketOccupancy rateAverage daily rate
Brainerd53.0%$326
Duluth58.0%$220
Rochester72.0%$153
Minneapolis66.0%$162

Compare property prices, short-term rental yield, rent gap, annual revenue, and supply growth in the Airbtics Market Explorer watchlist.

See all Airbnb markets in Minnesota

Browse all 4 markets we track in Minnesota. Each link opens the market's Airbnb revenue and performance data page.

Minnesota Airbnb market FAQs

  • What are the best Airbnb markets in Minnesota?

    Airbtics ranks short-term rental markets in Minnesota by Market Grade. The grade compares yield (annual revenue divided by property price), year-over-year revenue growth, and occupancy, then adjusts for regulation. The highest-graded market in this dataset is Brainerd. The main table lists markets in that order; use the Market Explorer to filter by budget, regulations, and more.

  • How many Airbnb markets does Airbtics track in Minnesota?

    We currently analyze 4 active short-term rental markets in Minnesota with listing supply, median occupancy, ADR, and revenue estimates.

  • What is the average Airbnb occupancy rate in Minnesota?

    The national average occupancy rate across tracked markets is 62.25% (LTM). Rates differ by city. Use the rankboard on this page, or open a market page for that city's numbers.

  • How do I compare Airbnb markets in Minnesota?

    Use the occupancy vs ADR rankboard on this page for a quick view, or open the Market Explorer to compare markets side by side, change chart axes, export to Excel, and save markets to a watchlist.

  • How can I estimate Airbnb income in Minnesota?

    Use our Airbnb income calculator to estimate revenue for a specific address, or open any market link below for median revenue and occupancy benchmarks.




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For trends, supply, and year-over-year changes, see the 2025 short-term rental report for Minnesota.