Minneapolis short-term rental market data
Across Oct 2025 – Sep 2026, Minneapolis averaged 62.8% occupancy and $163.48 per night across an average of 1,755 active listings. These market-wide figures are a starting point, not a prediction for an individual home.
- Average occupancy
- 62.8%
- Average nightly rate (USD)
- $163.48
- Average active listings
- 1,755
- Busiest month
- Jul 2026
Arithmetic averages of the latest 12 reported monthly figures; active listing counts are rounded.
The market, month by month
Monthly data table
| Month | Occupancy | Nightly rate | RevPAR | Active listings | Avg. revenue / active listing |
|---|---|---|---|---|---|
| Oct 2025 | 67.6% | $167.22 | $113.03 | 1,749 | $3,243.33 |
| Nov 2025 | 59.0% | $161.93 | $95.50 | 1,740 | $2,764.79 |
| Dec 2025 | 52.8% | $157.98 | $83.38 | 1,740 | $2,546.51 |
| Jan 2026 | 46.9% | $130.57 | $61.24 | 1,767 | $2,003.76 |
| Feb 2026 | 48.3% | $125.53 | $60.64 | 1,764 | $1,845.42 |
| Mar 2026 | 55.1% | $134.82 | $74.27 | 1,793 | $2,366.39 |
| Apr 2026 | 59.2% | $149.37 | $88.39 | 1,812 | $2,596.81 |
| May 2026 | 68.1% | $165.57 | $112.83 | 1,767 | $3,269.84 |
| Jun 2026 | 76.4% | $194.56 | $148.57 | 1,745 | $4,151.04 |
| Jul 2026 | 78.4% | $207.01 | $162.28 | 1,738 | $4,664.87 |
| Aug 2026 | 74.4% | $191.11 | $142.18 | 1,738 | $4,132.44 |
| Sep 2026 | 67.8% | $176.04 | $119.36 | 1,701 | $3,405.86 |
Compare Minneapolis neighborhoods
| Market | Avg. occupancy | Avg. nightly rate | Avg. active listings | Busiest month |
|---|
No local reports are published yet.
What the numbers say
- July 2026 was the busiest reported month, with 78.4% occupancy.
- January 2026 had the lowest reported occupancy at 46.9%.
- The latest reported month was 10.6 percentage points below the occupancy peak.
Minneapolis market questions
PriceLabs Market Research reports 62.8% average occupancy across the latest 12 reported months. This is an arithmetic average of monthly figures, not an individual property forecast.
July 2026 had the highest reported occupancy at 78.4%. January 2026 had the lowest at 46.9%. This period alone does not establish a recurring seasonal pattern.
Average nightly rate was $163.48 across the reported months.
The sum of average revenue per active listing across 12 reported months was $36,991.06. Larger homes raise the average and listing mix changes, so this is not the earnings of a fixed home or a guarantee.
Other Minnesota markets
Data: PriceLabs Market Research, Oct 2025 – Sep 2026. Averages across active listings, not a forecast or guarantee.
Data as of 2026-10-26.
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