Pequot Lakes, MN Airbnb Market Data, Statistics, and Occupancy Rates

Pequot Lakes Short-Term Rental Market Overview

Pequot Lakes, MN delivers a compelling revenue-to-price ratio for short-term rental investors, earning an ROI score of 74 out of 100. With an average annual revenue of $53,824 against average home values of $504,777, the market offers above-average yield potential driven by strong summer lake-country demand. The area's 50 active Airbnb listings suggest a relatively small, niche market where well-positioned properties — especially lakefront homes — can capture outsized seasonal returns.

Key Market Statistics

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

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Pequot Lakes

Investors are drawn to Pequot Lakes for its strong revenue-to-property-cost ratio and the enduring appeal of Minnesota lake country as a vacation destination.

Expert Market Assessment

"Pequot Lakes presents an attractive but distinctly seasonal investment opportunity. The revenue spread between peak months (August at $11,806) and the off-season (April at $1,715) is dramatic — roughly a 7:1 ratio — so investors need to plan cash flow around a concentrated earning window from June through September. The above-average revenue-to-price ratio and small competitive set work in the market's favor, though the below-average supply/demand balance and rapid listing growth (128% year-over-year) deserve monitoring. Properties that lean into the lake lifestyle with waterfront access, outdoor amenities, and larger bedroom counts are best positioned to capture top-tier returns."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Pequot Lakes

Average revenue by month in Pequot Lakes

Pequot Lakes exhibits extreme seasonality, with August ($11,806) and July ($11,517) generating roughly seven times the revenue of the slowest month, April ($1,715). Investors should expect the vast majority of annual income to concentrate in a four-month summer window from June through September, making cash-flow planning for the off-season essential.

Active Airbnb listings by property size in Pequot Lakes

Three-bedroom properties make up the largest share of supply at 16 listings, followed closely by 2-bedrooms at 13. Four-bedroom units are notably underrepresented with only 5 listings, which could signal a competitive gap worth exploring given their strong RevPAN performance.

Average daily rate (ADR) by property size in Pequot Lakes

ADR scales steeply with size in Pequot Lakes — from $213 for 2-bedroom properties up to $652 for 5-bedroom homes, a 3x premium. The jump from 3-bedrooms ($297) to 4-bedrooms ($406) represents a meaningful rate increase that, combined with limited 4-bedroom supply, suggests strong pricing power for mid-to-large properties.

Average RevPAN by property size in Pequot Lakes

Five-bedroom homes lead RevPAN at $87 per available night, closely followed by 4-bedrooms at $83, while 3-bedroom properties lag significantly at just $37. This indicates that larger properties deliver substantially better revenue efficiency despite their lower occupancy rates, making them more attractive from a per-night yield perspective.

Average occupancy rates by property size in Pequot Lakes

Two-bedroom listings achieve the highest occupancy at 27%, benefiting from broader affordability and appeal to smaller groups. Three-bedroom and 5-bedroom properties both sit at 13% occupancy, reflecting the seasonal compression of demand, though their higher nightly rates more than compensate in total revenue.

Average monthly revenue by property size in Pequot Lakes

Monthly revenue climbs consistently with property size, from $2,734 for 2-bedroom units to $6,173 for 5-bedroom homes. The gap between 4-bedroom ($5,950) and 5-bedroom ($6,173) properties is relatively narrow, suggesting that 4-bedroom homes may offer a slightly better return on investment given their likely lower acquisition cost.

Average annual revenue by property size in Pequot Lakes

Five-bedroom properties top the revenue chart at $74,080 annually, with 4-bedrooms close behind at $71,402 — a difference of less than $2,700. Two-bedroom homes earn $32,815 per year, roughly 44% of what the largest units generate, which frames the trade-off between lower entry cost and reduced income potential.

Most common amenities for Airbnb listings in Pequot Lakes

Parking (98%) and kitchen access (98%) are table-stakes amenities, while lake access (70%) and waterfront location (52%) highlight the lake-lifestyle expectations guests bring to Pequot Lakes. BBQ grills (80%), backyards (76%), and outdoor furniture (68%) signal that outdoor entertaining and relaxation amenities are near-essential to remain competitive in this market.

Understanding Pequot Lakes's ROI Score: 74/100

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

With an ROI score of 74 out of 100, Pequot Lakes falls into the 'Attractive Opportunity' band, anchored by an above-average revenue-to-price ratio that makes it compelling relative to property acquisition costs. Occupancy stability and market growth trend score as average, while the supply/demand balance rates below average — a factor worth watching given the 128% year-over-year increase in listings. Pairing these data points with thorough local regulatory research and a realistic seasonal cash-flow model will give investors the clearest picture of this market's potential.

Short-Term Rental Regulations in Pequot Lakes

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

Permit Requirements

Short-term rental operators in Pequot Lakes, Minnesota may need to register or obtain a permit from local authorities before listing their property. Investors should verify current permit requirements directly with the City of Pequot Lakes and Crow Wing County, as rules can change.

Key Restrictions

Common restrictions in Minnesota lake communities can include occupancy limits based on septic capacity, minimum-stay requirements during peak season, noise and quiet-hour ordinances, and parking limitations. HOA covenants in lakefront developments may impose additional STR restrictions, so reviewing any association rules is essential before purchasing.

Tax Obligations

Short-term rental hosts in Minnesota are generally subject to state sales tax and any applicable local lodging taxes. Many booking platforms collect and remit these taxes automatically, but hosts should confirm their obligations with the Minnesota Department of Revenue to ensure full compliance.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Pequot Lakes is expected to continue benefiting from Minnesota's robust summer vacation demand, with July and August likely anchoring the revenue calendar. ADR could see modest upward pressure in the range of 2–5% for peak-season bookings as the market's popularity grows, though the 128% year-over-year increase in active listings signals rising competition that may temper occupancy gains. Investors should anticipate occupancy rates remaining in the 18–22% range on an annualized basis, reflecting the market's highly seasonal character, with shoulder-month strategies and winter holiday marketing offering the best path to incremental revenue."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Pequot Lakes, MN

What is the average Airbnb occupancy rate in Pequot Lakes?

The average occupancy rate for Airbnb listings in Pequot Lakes is currently 20%, which falls below the Minnesota state average of 40%. This reflects the market's highly seasonal nature — demand surges during summer lake season and drops significantly in the colder months. Two-bedroom properties lead with 27% occupancy, while 3-bedroom and 5-bedroom units average around 13%.

How much do Airbnb hosts make in Pequot Lakes?

On a trailing 12-month basis, Airbnb hosts in Pequot Lakes earn an average of $4,485 per month, or roughly $53,824 annually. Earnings vary widely by property size: 5-bedroom homes average $74,080 per year, while 2-bedroom units bring in about $32,815. Peak summer months can generate over $11,000 in a single month, making the June–August window critical for overall profitability.

Is Pequot Lakes a good market for Airbnb investment?

Pequot Lakes earns a Rabbu ROI Score of 74 out of 100, rated as an 'Attractive Opportunity.' The market's above-average revenue-to-price ratio is its strongest asset, meaning the income potential relative to property acquisition costs is favorable compared to many markets. Investors should be prepared for pronounced seasonality and a growing competitive supply, but the enduring appeal of Minnesota lake vacations provides a solid demand foundation.

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

The average daily rate in Pequot Lakes is $387, slightly below the Minnesota state average of $429. ADR scales significantly with property size — 2-bedroom listings average $213 per night, 3-bedrooms come in at $297, 4-bedrooms at $406, and 5-bedroom properties command $652 per night. Larger lakefront homes with premium amenities tend to drive the higher end of that range.

Are short-term rentals legal in Pequot Lakes?

Short-term rentals do operate in Pequot Lakes, MN, and the market currently has around 50 active Airbnb listings. However, local regulations and permit requirements can evolve, so prospective investors should check directly with the City of Pequot Lakes, Crow Wing County, and any applicable HOA before purchasing. Consulting a local real estate attorney familiar with STR rules in the Brainerd Lakes area is also a smart step.

When is peak season for Airbnb in Pequot Lakes?

Peak season runs from June through August, with July and August standing out as the highest-earning months at $11,517 and $11,806 in average revenue, respectively. June brings in roughly $6,390. The shoulder months of May, September, and October offer moderate returns between $3,400 and $4,900, while winter months from November through April are the slowest period, averaging between $1,700 and $2,500 per month.

How many Airbnbs are there in Pequot Lakes?

As of April 2026, there are 50 active Airbnb listings in Pequot Lakes. The supply is concentrated in 2-bedroom (13 listings) and 3-bedroom (16 listings) properties, with 5-bedroom homes (11 listings) also well-represented. Four-bedroom properties are the least common at just 5 listings, which may represent a gap in the market for investors considering that size.

How is Airbnb revenue calculated in Pequot Lakes?

The annual and monthly revenue figures for Pequot Lakes 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 remainder 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 how actively 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 Pequot Lakes and surrounding areas
• Average daily rate, occupancy, and RevPAN trends across property sizes
• Monthly and annual revenue metrics based on trailing 12-month booking data
• Property value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to inform competitive positioning

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and market conditions as of April 2026; actual results may differ as conditions evolve. Local regulations, permit requirements, and tax obligations are subject to change — investors should verify current rules with local authorities before purchasing.