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

Hibbing Short-Term Rental Market Overview

Hibbing, MN is a micro-market on Minnesota's Iron Range with just 20 active Airbnb listings, offering a low-competition environment for investors willing to target seasonal outdoor and mining-heritage tourism. The average annual revenue sits at $25,640, driven by a pronounced summer peak, while an ADR of $161 comes in well below the $429 state average — reflecting the area's affordable positioning. With occupancy at 34% versus the 40% state average, this is a market best suited for investors comfortable with strong seasonal swings and lower overall volume.

Key Market Statistics

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

Data sources: Rabbu proprietary analytics as of Apr, 27 2026.

Why Investors Consider Hibbing

Hibbing appeals to investors seeking an affordable entry point into a low-competition market with seasonal outdoor recreation demand and minimal supply saturation.

Expert Market Assessment

"Hibbing presents a modest opportunity best characterized as a niche seasonal market rather than a year-round income engine. Revenue peaks sharply in July at $3,709 per month and drops to around $1,261 in November, creating a wide seasonal spread that requires careful cash-flow planning. The small listing count of 20 means new entrants face little competitive pressure, but the 34% average occupancy rate underscores that demand outside of summer is limited. For investors with low carrying costs and a tolerance for seasonal variability, Hibbing can deliver reasonable returns — particularly with a well-positioned 3-bedroom property."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Hibbing

Average revenue by month in Hibbing

Hibbing's revenue curve is sharply seasonal: July ($3,709) and August ($3,560) generate roughly 2.5–3x the revenue of the slowest months like November ($1,261) and April ($1,293). Investors should expect the June–August window to account for the majority of annual income and plan reserves to cover leaner months.

Active Airbnb listings by property size in Hibbing

The market's 20 listings split between 2-bedroom (11 listings) and 3-bedroom (7 listings) properties, with no 1-bedroom or 4+ bedroom inventory visible. This narrow size distribution could signal an opportunity for investors with larger properties to differentiate from the existing supply.

Average daily rate (ADR) by property size in Hibbing

Three-bedroom properties command an ADR of $221 — a 71% premium over 2-bedroom listings at $129. The jump is substantial enough that the added cost of acquiring a slightly larger property may be more than offset by the nightly rate advantage.

Average RevPAN by property size in Hibbing

RevPAN follows the ADR pattern, with 3-bedroom units earning $79 per available night versus $47 for 2-bedroom properties. That $32 daily gap compounds quickly over a year, making 3-bedroom configurations the clear revenue efficiency winner in Hibbing.

Average occupancy rates by property size in Hibbing

Occupancy rates are nearly identical across property sizes — 37% for 2-bedroom and 36% for 3-bedroom listings. This parity means the revenue advantage of larger properties is driven almost entirely by rate rather than occupancy, providing a stable baseline regardless of size.

Average monthly revenue by property size in Hibbing

Three-bedroom listings average $2,878 per month compared to $1,706 for 2-bedroom units, a difference of nearly $1,200 monthly. For investors weighing property size, the 3-bedroom configuration delivers roughly 69% more monthly income with comparable occupancy levels.

Average annual revenue by property size in Hibbing

On an annual basis, 3-bedroom properties generate $34,545 versus $20,475 for 2-bedroom listings — a gap of over $14,000. This makes 3-bedroom homes the stronger revenue play in Hibbing, provided acquisition and operating costs remain proportional.

Most common amenities for Airbnb listings in Hibbing

Every listing in Hibbing offers a kitchen (100%), and 90% include parking — both essentials for a drive-to destination in northern Minnesota. Laundry (55%), backyard access (55%), and self check-in (80%) round out the top amenities, while lake access (10%) and waterfront (5%) remain rare differentiators that could help a property stand out.

Short-Term Rental Regulations in Hibbing

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

Permit Requirements

Operators in Hibbing, Minnesota may need to register or obtain a short-term rental permit through the city or St. Louis County before listing a property. Investors should verify current requirements directly with local government offices, as rules can change.

Key Restrictions

Common restrictions that may apply include occupancy limits, minimum-stay requirements, noise and nuisance ordinances, parking provisions, and potential HOA-level prohibitions. Some Minnesota municipalities also impose caps on the number of STR permits issued in a given area, so checking local zoning rules before purchasing is essential.

Tax Obligations

Short-term rental hosts in Minnesota are generally subject to state sales tax and local lodging taxes, which platforms like Airbnb often collect and remit on behalf of the host. Investors should confirm their obligations with the Minnesota Department of Revenue and any applicable St. Louis County or Hibbing-specific tax requirements.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Hibbing's short-term rental performance is likely to remain anchored to its summer tourism cycle, with July and August continuing to drive the bulk of annual revenue. ADR may see modest increases in the range of 1–3% as the limited supply of 20 listings keeps pricing pressure minimal, though occupancy is unlikely to push meaningfully beyond the mid-30s without new demand catalysts. Investors should plan conservatively around seasonal cash flow, budgeting for slower months from November through April when monthly revenue can dip below $1,500."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Hibbing, MN

What is the average Airbnb occupancy rate in Hibbing?

The average Airbnb occupancy rate in Hibbing is currently 34%, which falls slightly below the Minnesota state average of 40%. Occupancy is heavily seasonal, with summer months driving the strongest booking activity while late fall and winter see significantly fewer reservations.

How much do Airbnb hosts make in Hibbing?

Airbnb hosts in Hibbing earn an average of $2,136 per month and $25,640 per year based on trailing 12-month data. Revenue varies significantly by property size — 3-bedroom listings average $34,545 annually compared to $20,475 for 2-bedroom properties. Monthly earnings peak in July around $3,709 and dip to roughly $1,261 in November.

Is Hibbing a good market for Airbnb investment?

Hibbing can be a worthwhile market for investors seeking low-competition entry at affordable price points. With only 20 active listings, there's minimal supply saturation, and 3-bedroom properties in particular generate meaningful revenue during the summer season. However, the 34% occupancy rate and sharp seasonal swings mean investors should be prepared for slower months and plan their finances accordingly.

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

The average daily rate for Airbnb listings in Hibbing is $161, well below the Minnesota state average of $429. ADR ranges from $129 for 2-bedroom properties to $221 for 3-bedroom listings, reflecting Hibbing's positioning as an affordable, value-oriented destination.

Are short-term rentals legal in Hibbing?

Short-term rentals are generally permitted in Hibbing, though operators may need to comply with local registration or permitting requirements as well as state and county regulations. Rules can vary and may change, so prospective hosts should check directly with the City of Hibbing and St. Louis County for the most current requirements before purchasing or listing a property.

When is peak season for Airbnb in Hibbing?

Peak season in Hibbing runs from June through August, with July being the strongest month at an average revenue of $3,709 per listing. August follows closely at $3,560. The shoulder months of May, September, and October still perform reasonably well, averaging around $2,100–$2,500, while November through April represents the off-season with monthly revenues generally below $1,700.

How many Airbnbs are there in Hibbing?

There are currently 20 active Airbnb listings in Hibbing as of April 2026. The supply is concentrated in two property sizes: 11 listings with 2 bedrooms and 7 with 3 bedrooms, making it one of the smaller and less competitive STR markets in Minnesota.

How is Airbnb revenue calculated in Hibbing?

The annual and monthly revenue figures for Hibbing 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 remaining data 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 the Hibbing market
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Amenity prevalence data across active listings to identify guest expectations
• Data sourced from Rabbu proprietary analytics and combined for consistency

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, tax obligations, and permit requirements are subject to change — always verify with local authorities before investing.