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View PropertiesAs of Apr, 27 2026
Nevis, MN is a small, lake-country market with just 11 active Airbnb listings, making it a niche opportunity heavily driven by seasonal outdoor recreation. Average annual revenue sits at $32,503, with a pronounced summer peak that sees monthly earnings climb above $6,000 in July and August. The average daily rate of $297 falls well below Minnesota's $429 state average, and occupancy runs at 22% compared to 40% statewide — reflecting the deeply seasonal nature of demand in this rural vacation destination.
According to Rabbu market data, the Nevis short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 11 |
| Average Daily Rate (ADR) | vs. $429 state avg. | $297 |
| Average Occupancy Rate | vs. 40% state avg. | 22% |
| RevPAN | ADR * Occupancy Rate | $64 |
| Average Monthly Revenue | Historical 12-month average | $2,708 |
| Average Annual Revenue | Historical 12-month average | $32,503 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors look at Nevis for its low competition, lakefront appeal, and strong summer earning potential in Minnesota's lake country.
Key investment factors
"Nevis presents a niche, seasonally concentrated opportunity rather than a year-round income play. The summer months of June through August account for a disproportionate share of annual revenue, with July alone generating $6,153 on average — more than four times the earnings of most winter months. With only 11 active listings, competition is minimal, and waterfront properties appear to command a premium. Investors comfortable with a vacation-rental model that peaks hard in summer and softens significantly through winter will find this market's economics straightforward to underwrite."
— Rabbu Market Analysis Team
Nevis shows extreme seasonality, with July ($6,153) and August ($6,076) delivering more than four to five times the revenue of off-peak months like March ($1,100) and April ($1,275). Investors should expect roughly 50% of annual income to be generated in the June–August window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,357 |
| February |
|
$1,570 |
| March |
|
$1,100 |
| April |
|
$1,275 |
| May |
|
$1,931 |
| June |
|
$4,083 |
| July |
|
$6,153 |
| August |
|
$6,076 |
| September |
|
$2,928 |
| October |
|
$2,241 |
| November |
|
$1,833 |
| December |
|
$1,953 |
The only property size with reportable data is 2-bedroom units, which account for 6 of the 11 active listings. The remaining listings lack sufficient data for breakdowns, but the dominance of 2-bedrooms suggests an opportunity gap for larger lakefront properties that could command higher nightly rates.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
6 |
Two-bedroom properties in Nevis average a $212 ADR, well below the market-wide average of $297 — indicating that larger or higher-end properties in the market are pulling the overall ADR up. Investors considering a 2-bedroom should price competitively while focusing on amenities that justify premium positioning.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$212 |
Two-bedroom listings generate a RevPAN of $49, which is below the market-wide $64 figure. This gap suggests that properties with more bedrooms or premium features like direct waterfront access are earning meaningfully more per available night.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$49 |
Two-bedroom properties maintain a 23% average occupancy rate, closely mirroring the 22% market-wide average. This consistent figure across the board confirms that seasonality, rather than property size, is the primary driver of occupancy in Nevis.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
23% |
Two-bedroom listings average $1,655 per month, roughly 61% of the market-wide $2,708 average. The gap indicates that larger or more premium properties in the market are significantly outearning the typical 2-bedroom unit.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$1,655 |
At $19,862 per year, 2-bedroom properties earn considerably less than the $32,503 market average, suggesting that investors targeting higher returns should explore larger configurations or waterfront properties that can capture the premium end of demand.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$19,862 |
Kitchens are universal (100%), while BBQ grills and parking each appear in 91% of listings — underscoring the outdoor, self-sufficient vacation experience guests expect in lake country. Waterfront access and lake access (64% and 46% respectively) are strong differentiators that likely correlate with higher booking rates during summer.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| BBQ Grill |
|
91% |
| Parking |
|
91% |
| Backyard |
|
64% |
| Waterfront |
|
64% |
| Washer |
|
64% |
| Self Check-in |
|
64% |
| Outdoor Furniture |
|
64% |
| Dryer |
|
55% |
| Patio or Balcony |
|
55% |
| Lake Access |
|
46% |
| Pets |
|
36% |
| Hot Tub |
|
27% |
| Beach Access |
|
27% |
Understanding local STR regulations is essential before investing in Nevis. Here's the current regulatory landscape:
Short-term rental operators in Nevis, Minnesota may need to register or obtain a permit from local authorities, and Hubbard County may have its own requirements. Investors should verify current permit and licensing obligations with both the City of Nevis and the county before listing a property.
Common restrictions that may apply include occupancy limits, noise ordinances, parking requirements, and minimum stay rules. Properties within HOAs or on specific lake associations may face additional covenants governing rental activity, so it's important to review all applicable rules before purchasing.
Minnesota requires short-term rental operators to collect state sales tax and any applicable local lodging taxes. Platforms like Airbnb often handle tax collection on behalf of hosts, but operators should confirm their obligations with the Minnesota Department of Revenue.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Nevis can provide current regulatory guidance.
Financing an Airbnb investment in Nevis requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Nevis is likely to maintain its sharply seasonal pattern, with the bulk of revenue concentrated in June through August. Investors should plan for winter months averaging under $1,600 in revenue, while summer months could see modest ADR increases of 2–5% if lake-tourism demand continues to grow across northern Minnesota. Occupancy may remain in the 20–25% range on an annualized basis given the seasonal trough, though summer fill rates will be considerably higher. New supply is unlikely to surge given the market's small footprint, which should protect pricing power for existing hosts."
— Rabbu Market Analysis Team
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.
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 and tax requirements are subject to change; investors should verify current rules with municipal and county authorities.
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