Saint Paul, MN Airbnb Market Data, Statistics, and Occupancy Rates

Saint Paul Short-Term Rental Market Overview

Saint Paul, MN presents an attractive short-term rental opportunity with 479 active Airbnb listings and an average annual revenue of $25,898 per property. The market's ADR of $157 sits well below the $429 state average, keeping entry-level nightly rates accessible for budget-conscious travelers while still generating meaningful income against average home values of $434,242. Above-average occupancy stability and a 136% year-over-year listing growth signal rising investor confidence in this Twin Cities capital.

Key Market Statistics

According to Rabbu market data, the Saint Paul 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 Saint Paul

Saint Paul attracts STR investors thanks to its balanced revenue-to-price ratio, strong occupancy stability, and year-round demand driven by government, education, and cultural tourism.

Expert Market Assessment

"With an ROI score of 67 out of 100, Saint Paul lands in the "Attractive Opportunity" tier — a market where revenue potential and property costs are reasonably well-aligned. Seasonality is a real factor: August leads at $3,300 in average monthly revenue while January dips to $1,461, creating a roughly 2.3× spread between peak and trough. Investors who price dynamically and target larger properties can meaningfully outperform the market average, especially given that 5-bedroom and 6+ bedroom listings deliver RevPAN figures of $135 and $195 respectively. Overall, the combination of stable occupancy and manageable competition makes this a market worth serious consideration for operators willing to optimize."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Saint Paul

Average revenue by month in Saint Paul

Saint Paul shows pronounced seasonality, with August leading at $3,300 in average monthly revenue and January bottoming out at $1,461 — a spread of over $1,800. Investors should plan for strong summer cash flow from June through September while budgeting conservatively for the November-through-March winter slowdown.

Active Airbnb listings by property size in Saint Paul

One-bedroom listings dominate supply at 187 of 479 total, followed by 2-bedrooms at 127, meaning these two categories account for roughly 66% of the market. Larger properties (5-bedroom and 6+) total just 31 listings combined, suggesting potential opportunity in the upper end where competition is thinner.

Average daily rate (ADR) by property size in Saint Paul

ADR scales steeply with size, jumping from $86 for 1-bedrooms to $295 for 4-bedrooms and reaching $491 for 6+ bedroom properties. The sharpest per-bedroom premium appears in the 3-to-4 bedroom range, where ADR nearly doubles from $201 to $295, making this tier an appealing sweet spot for rate growth relative to added capacity.

Average RevPAN by property size in Saint Paul

Revenue per available night climbs steadily with property size, from $29 for 1-bedrooms all the way to $195 for 6+ bedroom listings. Five-bedroom properties deliver $135 in RevPAN — more than double the market average of $53 — highlighting the earning power of larger homes even after accounting for their slightly varied occupancy rates.

Average occupancy rates by property size in Saint Paul

Five-bedroom properties lead occupancy at 42%, followed by studios and 6+ bedroom homes both at 40%, while 4-bedroom units lag at 28%. The relatively tight band for most sizes (30–42%) indicates stable demand across configurations, though the dip at the 3- and 4-bedroom level suggests those segments may face more pricing pressure.

Average monthly revenue by property size in Saint Paul

Monthly revenue ranges from $1,251 for 1-bedroom units up to $7,582 for 6+ bedroom properties, with each step up in bedrooms delivering meaningful incremental income. The jump from 4-bedrooms ($3,783) to 5-bedrooms ($4,434) is notable, and 6+ bedroom properties nearly double the 5-bedroom figure, rewarding investors who can manage larger assets.

Average annual revenue by property size in Saint Paul

Annual revenue potential scales dramatically with size: 1-bedroom listings average $15,019 while 6+ bedroom properties reach $90,995 — roughly six times the revenue. For investors evaluating return on acquisition cost, the 3-bedroom tier at $35,884 annually offers a solid mid-market entry, while 5-bedroom properties at $53,209 may deliver superior yield if purchase prices remain proportionate.

Most common amenities for Airbnb listings in Saint Paul

Parking (97%) and kitchen access (93%) are near-universal, reflecting Saint Paul's car-dependent layout and guest preference for longer, home-like stays. Self check-in (87%), washer (82%), and workspace (75%) round out the top amenities, signaling that convenience and remote-work readiness are baseline expectations rather than differentiators in this market.

Understanding Saint Paul's ROI Score: 67/100

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

Saint Paul's ROI score of 67 out of 100 places it in the "Attractive Opportunity" band, anchored by above-average occupancy stability and average marks for revenue-to-price ratio, market growth, and supply/demand balance. This profile suggests a market where cash flow is reasonably predictable but not yet extraordinary — investors who optimize property size and pricing strategy can outperform the averages. Pairing this score with thorough local regulatory research and a realistic seasonal budget will help set accurate return expectations.

Short-Term Rental Regulations in Saint Paul

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

Permit Requirements

Saint Paul, Minnesota may require short-term rental operators to obtain a permit or register with the city before listing a property. Investors should verify current permit requirements directly with the City of Saint Paul's Department of Safety and Inspections and check for any state-level Minnesota obligations.

Key Restrictions

Common STR restrictions in markets like Saint Paul can include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and permit caps. HOA rules may impose additional limitations on properties within managed communities, so reviewing any covenants or association bylaws before purchasing is essential.

Tax Obligations

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

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Saint Paul's short-term rental market is expected to maintain steady demand, with occupancy rates likely hovering in the 32–36% range as the supply of listings continues to grow. Summer months should keep driving the revenue cycle, and ADR could see modest 2–4% increases as hosts refine pricing strategies around peak events and the Minnesota State Fair corridor. The market's above-average occupancy stability suggests resilience even as new listings enter, though investors should monitor whether the rapid supply growth begins to compress per-listing performance."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Saint Paul, MN

What is the average Airbnb occupancy rate in Saint Paul?

The average occupancy rate for Airbnb listings in Saint Paul is currently 34%, which trails the Minnesota state average of 40%. Occupancy varies by property size — 5-bedroom listings lead at 42%, while 4-bedroom properties sit lower at 28%. These figures reflect trailing performance and can shift with seasonal demand and pricing strategy.

How much do Airbnb hosts make in Saint Paul?

Airbnb hosts in Saint Paul earn an average of $2,158 per month and approximately $25,898 per year, based on trailing 12-month booking data. Revenue scales significantly with property size: 1-bedroom listings average about $15,019 annually, while 6+ bedroom properties can reach $90,995. Individual results depend on factors like location within the city, property quality, amenities offered, and how actively hosts manage pricing.

Is Saint Paul a good market for Airbnb investment?

Saint Paul earns a Rabbu ROI Score of 67 out of 100, placing it in the "Attractive Opportunity" category. The market benefits from above-average occupancy stability and a reasonable revenue-to-price ratio given average home values of $434,242. While seasonal revenue swings are notable — peaking in summer and softening in winter — the overall fundamentals support a viable investment case, particularly for mid-size and larger properties that command higher nightly rates.

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

The average daily rate for Airbnb listings in Saint Paul is $157, considerably lower than the $429 Minnesota state average. ADR scales with property size, ranging from $85 for studios up to $491 for 6+ bedroom properties. The relatively modest ADR reflects Saint Paul's positioning as an affordable urban market within the Twin Cities metro.

Are short-term rentals legal in Saint Paul?

Short-term rentals operate in Saint Paul, Minnesota, but hosts may need to secure permits or register with local authorities. Regulations can include occupancy limits, safety requirements, and tax collection obligations. We recommend verifying the latest rules with the City of Saint Paul and consulting the Minnesota Department of Revenue for tax guidance before launching a listing.

When is peak season for Airbnb in Saint Paul?

Peak season in Saint Paul runs from June through September, with August delivering the highest average monthly revenue at $3,300. July ($2,926) and June ($2,650) also perform strongly. The off-peak months of January ($1,461) and March ($1,546) represent the lowest revenue periods, reflecting reduced travel demand during Minnesota's coldest months.

How many Airbnbs are there in Saint Paul?

Saint Paul currently has 479 active Airbnb listings. The supply is dominated by 1-bedroom units (187 listings) and 2-bedroom properties (127 listings), with larger configurations like 5-bedroom (21) and 6+ bedroom (10) homes representing a smaller share. Year-over-year listing growth of 136% indicates significant new supply entering the market.

How is Airbnb revenue calculated in Saint Paul?

The annual and monthly revenue figures for Saint Paul 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. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks and slower periods. 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 by market and property size
• Average daily rate, occupancy, and RevPAN metrics across multiple bedroom configurations
• Monthly and annual revenue trends based on trailing 12-month booking performance
• Home value data sourced from the Zillow Home Value Index (ZHVI) for investment context
• Amenity prevalence data across active listings to benchmark guest expectations

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 performance and may not capture very recent regulatory changes or market shifts. Individual property results will vary based on location, condition, pricing strategy, and management quality.