Faribault, MN Airbnb Market Data, Statistics, and Occupancy Rates

Faribault Short-Term Rental Market Overview

Faribault, MN earns an ROI score of 80 out of 100, placing it in the Standout Opportunity tier for short-term rental investors. With an average daily rate of $210 — roughly half the Minnesota state average — and average annual revenue of $29,061, the market pairs affordable entry points with a favorable revenue-to-price ratio. Supply remains lean at just 27 active Airbnb listings, and year-over-year listing growth of 260% signals rapidly rising investor interest in this southern Minnesota community.

Key Market Statistics

According to Rabbu market data, the Faribault short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Faribault

Faribault's low supply count, above-average revenue-to-price ratio, and strong growth trajectory make it an appealing market for investors seeking affordability paired with meaningful upside.

Expert Market Assessment

"Faribault presents a compelling opportunity for investors comfortable with a smaller, emerging STR market. Revenue peaks sharply in July and August — with average monthly income exceeding $3,600 — while the winter months from December through February dip below $1,700, creating meaningful seasonality that operators need to plan around. The market's above-average marks on every ROI factor, from revenue-to-price to supply/demand balance, suggest a window of opportunity before increased competition erodes margins. Investors who can optimize for summer demand while maintaining steady bookings through creative off-season pricing stand to benefit most."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Faribault

Average revenue by month in Faribault

Faribault displays strong seasonality, with July ($3,628) and August ($3,586) delivering peak revenue roughly 3.7× higher than the January low of $974. Investors should expect a concentrated earning window from May through October, with winter months requiring creative strategies to maintain cash flow.

Active Airbnb listings by property size in Faribault

Supply is split between 1-bedroom listings (12) and 3-bedroom properties (7), with no representation at 2, 4, or 5+ bedrooms. This gap could signal an opportunity for investors to introduce mid-sized properties like 2-bedroom units into an underserved segment.

Average daily rate (ADR) by property size in Faribault

ADR more than doubles from $101 for 1-bedroom listings to $249 for 3-bedroom properties, reflecting a strong premium for larger accommodations. Investors targeting 3-bedroom homes capture significantly higher nightly rates, though acquisition costs will also be higher.

Average RevPAN by property size in Faribault

Three-bedroom properties lead with a RevPAN of $55, nearly doubling the $29 earned by 1-bedroom listings. This indicates that despite lower occupancy, the higher ADR of 3-bedroom units translates into meaningfully better revenue per available night.

Average occupancy rates by property size in Faribault

One-bedroom listings maintain a higher occupancy rate of 29% compared to 22% for 3-bedroom properties, suggesting smaller units are easier to fill consistently. However, the lower occupancy for larger properties is more than offset by their higher daily rates when evaluating overall revenue potential.

Average monthly revenue by property size in Faribault

Three-bedroom properties generate $3,248 per month on average — more than double the $1,503 earned by 1-bedroom units. For investors focused on maximizing gross monthly income, the larger configuration clearly outperforms despite its lower occupancy rate.

Average annual revenue by property size in Faribault

Annual revenue for 3-bedroom properties reaches $38,977, compared to $18,037 for 1-bedroom listings — a gap of roughly $21,000. When weighed against acquisition costs and operating expenses, the 3-bedroom segment appears to offer the stronger return profile in Faribault.

Most common amenities for Airbnb listings in Faribault

Parking (96%), patio or balcony (93%), and kitchen access (89%) are near-universal among Faribault listings, establishing a high baseline of guest expectations. Notably, 41% of listings highlight lake access and 33% feature waterfront positioning, underscoring the importance of nature-oriented amenities in attracting guests to this market.

Understanding Faribault's ROI Score: 80/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Faribault's ROI score of 80 out of 100 places it in the Standout Opportunity band, meaning its fundamentals are stronger than the majority of markets we track. All four calculation factors — revenue-to-price ratio, occupancy stability, market growth trend, and supply/demand balance — score above average, which is uncommon and signals a well-rounded investment environment. Investors should pair these encouraging metrics with thorough local regulatory research and a clear seasonal pricing strategy to capture the market's full potential.

Short-Term Rental Regulations in Faribault

Understanding local STR regulations is essential before investing in Faribault. Here's the current regulatory landscape:

Permit Requirements

Investors planning to operate a short-term rental in Faribault should verify whether the City of Faribault or Rice County requires an STR permit or registration. Minnesota does not impose a uniform statewide STR licensing framework, so checking directly with local planning and zoning departments is strongly recommended before listing a property.

Key Restrictions

Common STR restrictions that may apply include occupancy limits based on property size, minimum stay requirements, noise and nuisance ordinances, parking availability mandates, and any applicable HOA or deed restrictions. Some Minnesota municipalities have also introduced permit caps or primary-residence requirements, so investors should confirm the current rules with local authorities.

Tax Obligations

Short-term rental operators in Minnesota are generally subject to state sales tax, local lodging taxes, and any applicable tourism or hospitality assessments. Major booking platforms like Airbnb often collect and remit some of these taxes on behalf of hosts, but operators should confirm their full tax obligations with the Minnesota Department of Revenue and local tax offices.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Faribault can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Faribault's STR market is expected to continue gaining momentum given its above-average scores across all four ROI calculation factors. Seasonal patterns suggest revenue will concentrate between May and October, with peak months potentially pushing average monthly income toward $3,500–$3,700. ADR increases of 2–5% are plausible as supply remains constrained relative to demand, though investors should watch whether the recent surge in new listings begins to moderate occupancy. We estimate occupancy rates could settle in the mid-to-upper 20% range as the market matures, making pricing strategy essential for maximizing returns."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Faribault, MN

What is the average Airbnb occupancy rate in Faribault?

The average occupancy rate for Airbnb listings in Faribault is currently 26%, which falls below the Minnesota state average of 40%. Occupancy varies by property size — 1-bedroom listings average 29% while 3-bedroom properties come in around 22%. While the headline rate may seem modest, it reflects the seasonal nature of demand in this market, where summer months drive significantly higher booking activity.

How much do Airbnb hosts make in Faribault?

Airbnb hosts in Faribault earn an average of $2,421 per month and roughly $29,061 per year based on trailing 12-month booking data. Revenue varies considerably by property size: 1-bedroom listings average about $18,037 annually, while 3-bedroom properties generate approximately $38,977 per year. Peak earning months like July can push monthly income above $3,600, so overall performance depends heavily on how well a host captures seasonal demand.

Is Faribault a good market for Airbnb investment?

Faribault scores 80 out of 100 on Rabbu's ROI Score, earning a Standout Opportunity designation. All four evaluation factors — revenue-to-price ratio, occupancy stability, market growth trend, and supply/demand balance — rate above average. With only 27 active listings and average home values of $467,014, the market offers relatively low competition and a favorable cost-of-entry compared to many Minnesota markets. That said, investors should account for seasonal revenue swings and verify local regulations before purchasing.

What is the average daily rate (ADR) for Airbnb in Faribault?

The average daily rate for Airbnb listings in Faribault is $210, which is notably below the Minnesota state average of $429. ADR scales significantly with property size — 1-bedroom listings average $101 per night, while 3-bedroom properties command $249. The lower ADR relative to state averages reflects the market's more affordable positioning but also means acquisition costs tend to be lower, supporting a healthy revenue-to-price ratio.

Are short-term rentals legal in Faribault?

Short-term rentals can be operated in Faribault, but investors should verify current permitting and zoning requirements with the City of Faribault and Rice County before listing a property. Minnesota does not have a single statewide STR framework, so regulations vary by municipality. Common considerations include potential permit or registration requirements, occupancy limits, and compliance with any HOA restrictions. Consulting local authorities is always the safest approach.

When is peak season for Airbnb in Faribault?

Peak season in Faribault runs from June through October, with July being the highest-earning month at an average of $3,628 in revenue. August follows closely at $3,586, while June, September, and October each hover around $3,000–$3,150. The off-season spans roughly November through March, with January being the slowest month at just $974 in average revenue. This pronounced seasonality makes summer pricing strategy and off-season marketing particularly important.

How many Airbnbs are there in Faribault?

Faribault currently has 27 active Airbnb listings as of April 2026. The supply is concentrated in two property sizes: 12 listings with 1 bedroom and 7 with 3 bedrooms. Year-over-year listing growth has been dramatic at 260%, indicating rapidly growing investor interest, though the overall supply remains quite limited relative to many Minnesota markets.

How is Airbnb revenue calculated in Faribault?

The annual and monthly revenue figures for Faribault are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently, while naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and how the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Faribault market
• Average daily rate, occupancy, and RevPAN trends by property size
• Monthly and annual revenue metrics based on trailing 12-month booking performance
• Popular amenity prevalence across active listings
• Home value data sourced from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations can change; investors should verify current rules with city and county authorities before purchasing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.