Grand Forks, ND Airbnb Market Data, Statistics, and Occupancy Rates

Grand Forks Short-Term Rental Market Overview

Grand Forks presents an appealing niche opportunity for short-term rental investors, with an ROI score of 69 out of 100 reflecting a healthy balance of demand, revenue potential, and favorable property values. The market currently hosts just 48 active Airbnb listings, keeping competition relatively low, while average annual revenue comes in at $19,763 based on trailing 12-month performance. With above-average occupancy stability and a positive market growth trend, Grand Forks rewards investors who position their properties well in a small but growing market.

Key Market Statistics

According to Rabbu market data, the Grand Forks 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 Grand Forks

Grand Forks combines low competition, affordable property prices, and above-average occupancy stability to create a compelling case for STR investors looking at smaller Midwestern markets.

Expert Market Assessment

"Grand Forks earns an 'Attractive Opportunity' designation, driven by above-average marks in occupancy stability, market growth, and supply/demand balance. Seasonality is relatively moderate — revenue ranges from about $1,138 in January to peaks near $2,015 in October, so the off-season dip is present but manageable. The market's compact size means investors who target underserved property configurations, particularly 4-bedroom homes, can capture outsized returns. Revenue-to-price ratios sit at average levels, so careful acquisition pricing remains important to achieving strong yields."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Grand Forks

Average revenue by month in Grand Forks

Revenue in Grand Forks follows a clear seasonal pattern, peaking in October at $2,015 and July–August near $2,000, then dropping to a low of $1,138 in January. The roughly $877 spread between peak and trough months indicates moderate seasonality — manageable for investors who price strategically during slower winter months.

Active Airbnb listings by property size in Grand Forks

Two-bedroom properties dominate the Grand Forks supply with 21 of 48 listings (44%), while 4-bedroom homes represent just 5 listings. The scarcity of larger properties, combined with their outsized revenue performance, suggests that the 4-bedroom segment may be underserved and presents a compelling entry point for investors.

Average daily rate (ADR) by property size in Grand Forks

ADR scales sharply with property size in Grand Forks, rising from $75 for 1-bedrooms to $349 for 4-bedroom listings — a 4.7x increase. The jump from 3-bedroom ($196) to 4-bedroom ($349) is especially notable, indicating strong premium pricing power for larger group-friendly homes.

Average RevPAN by property size in Grand Forks

Four-bedroom properties deliver the highest RevPAN at $116, more than double the next-best category (3-bedrooms at $49). This gap highlights that despite slightly lower occupancy than 1-bedrooms, larger properties' premium nightly rates translate to meaningfully better revenue per available night.

Average occupancy rates by property size in Grand Forks

One-bedroom listings lead occupancy at 39%, followed closely by 2-bedrooms at 37%, while 3-bedroom properties lag at 25%. The relatively tight occupancy range across most sizes (33–39%) suggests stable demand patterns, though 3-bedroom operators may need sharper pricing or better amenities to compete effectively.

Average monthly revenue by property size in Grand Forks

Monthly revenue climbs steadily from $1,133 for 1-bedrooms to an impressive $5,072 for 4-bedroom properties, reflecting the compounding effect of higher ADR and solid occupancy. Investors targeting 4-bedroom homes can expect more than three times the monthly income of a 2-bedroom listing ($1,539), making larger properties the clear revenue leaders.

Average annual revenue by property size in Grand Forks

Annual revenue ranges from $13,598 for 1-bedroom listings to $60,869 for 4-bedroom properties, with each size step yielding a meaningful revenue increase. The 4-bedroom tier stands out dramatically, generating more than twice the revenue of 3-bedrooms ($28,786) and offering the strongest return potential for investors willing to take on a larger property.

Most common amenities for Airbnb listings in Grand Forks

Kitchens (98%), parking (96%), and washers (96%) are near-universal across Grand Forks listings, reflecting guest expectations for home-like convenience and the practical realities of a car-dependent Midwestern market. A dedicated workspace appears in 58% of listings, signaling meaningful demand from remote workers and business travelers — a differentiator worth prioritizing for new hosts.

Understanding Grand Forks's ROI Score: 69/100

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

Grand Forks earns a 69 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' band. The market's above-average ratings in occupancy stability, market growth trend, and supply/demand balance are encouraging, while the average revenue-to-price ratio suggests that deal-level underwriting and acquisition pricing are especially important here. Investors should pair these metrics with up-to-date local regulatory research to confirm that their target property and neighborhood align with current STR rules.

Short-Term Rental Regulations in Grand Forks

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

Permit Requirements

Short-term rental operators in Grand Forks, North Dakota may be required to obtain a permit or business registration before listing their property. Investors should verify current requirements directly with the City of Grand Forks planning and zoning department, as regulations can change.

Key Restrictions

Common STR restrictions in markets like Grand Forks can include occupancy limits, minimum stay requirements, noise and nuisance ordinances, and parking mandates. HOA rules may also apply, so investors purchasing in subdivisions or condominiums should review covenants carefully before committing.

Tax Obligations

North Dakota imposes state sales tax and a lodging tax on short-term rentals, and Grand Forks may levy additional local occupancy taxes. Platforms like Airbnb often collect and remit some of these taxes on behalf of hosts, but operators should confirm their full obligations with the North Dakota Tax Commissioner's office.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Grand Forks is expected to see continued growth in short-term rental supply, with listing counts having surged 257% year over year — a signal that investor interest is accelerating. Seasonal revenue data suggests ADR could firm up modestly, with summer and fall months likely sustaining rates in the $155–$165 range, while occupancy may stabilize around 33–38% market-wide. Investors entering now benefit from a still-small supply base, though the rapid pace of new listings means differentiation through property quality and amenities will become increasingly important."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Grand Forks, ND

What is the average Airbnb occupancy rate in Grand Forks?

The average Airbnb occupancy rate in Grand Forks is currently 35%, which sits just below the North Dakota state average of 38%. Occupancy varies by property size — 1-bedroom units lead at 39%, while 3-bedroom properties see about 25%. Investors can often improve occupancy through competitive pricing, strong amenity offerings, and flexible booking settings.

How much do Airbnb hosts make in Grand Forks?

Based on trailing 12-month data, the average Airbnb host in Grand Forks earns approximately $1,646 per month or $19,763 per year. Earnings vary significantly by property size: 1-bedroom listings average around $13,598 annually, while 4-bedroom properties can bring in roughly $60,869 per year. Individual results depend on factors like location, guest reviews, pricing strategy, and property condition.

Is Grand Forks a good market for Airbnb investment?

Grand Forks scores 69 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. The market benefits from above-average occupancy stability, positive growth trends, and a favorable supply/demand balance. With only 48 active listings and strong performance from larger properties, there's room for well-positioned investors to capture meaningful returns, especially in the 3- and 4-bedroom segments.

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

The average daily rate for Airbnb listings in Grand Forks is $155, slightly below the North Dakota state average of $161. Rates scale significantly with property size: 1-bedroom listings average $75 per night, 2-bedrooms average $128, 3-bedrooms reach $196, and 4-bedroom properties command an impressive $349 per night.

Are short-term rentals legal in Grand Forks?

Short-term rentals are generally permitted in Grand Forks, North Dakota, though operators may need to obtain local permits or business licenses. Regulations can vary and may evolve, so prospective investors should check directly with the City of Grand Forks planning department and review any applicable HOA restrictions before purchasing a property.

When is peak season for Airbnb in Grand Forks?

Peak season in Grand Forks runs primarily from May through October, with the highest average monthly revenue occurring in October ($2,015) and July ($2,009). The summer months benefit from warmer weather and events, while October likely sees demand from university homecoming and fall activities. January and February are the softest months, with revenue dipping to around $1,138–$1,213.

How many Airbnbs are there in Grand Forks?

As of April 2026, Grand Forks has 48 active Airbnb listings. The supply is dominated by 2-bedroom properties (21 listings), followed by 3-bedrooms (11), 1-bedrooms (8), and 4-bedrooms (5). The relatively small inventory means competition remains limited, though the market has seen significant year-over-year growth in listing counts.

How is Airbnb revenue calculated in Grand Forks?

The annual and monthly revenue figures shown for Grand Forks 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 since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

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 Grand Forks and surrounding areas
• Average daily rate, occupancy, and RevPAN metrics tracked over trailing 12-month periods
• Revenue and yield estimates broken down by property size and month
• Amenity prevalence data across active listings to benchmark guest expectations
• Property value benchmarks 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. Data reflects trailing 12-month historical averages and may not capture recent regulatory or market shifts. Local STR regulations and tax obligations can change; investors should verify current rules with Grand Forks city officials before purchasing.