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Airbnb Pricing in Minneapolis, MN

Minneapolis is a business-travel and events market with pleasant summer tourism. The State Fair is the largest in the US by daily attendance. Cold winters depress leisure demand but corporate travel remains steady.

60% avg occupancy-0.5% YoY ADR6 key neighborhoods

Average Nightly Rates in Minneapolis

Base rates by property type. Adjust for season, events, and amenities.

Property TypeAvg RateThis Month
Studio$75$68
1 Bedroom$105$95
2 Bedrooms$150$135
3 Bedrooms$210$189
4+ Bedrooms$300$270
Private Room$50$45

Seasonal Pricing Trends

Monthly demand multipliers. 1.0x = average, above = high demand.

0.75x
Jan
0.8x
Feb
0.85x
Mar
0.9x
Apr
1.05x
May
1.2x
Jun
1.25x
Jul
1.2x
Aug
1.1x
Sep
1x
Oct
0.85x
Nov
0.8x
Dec
High season Average Low season Current month

Events That Affect Pricing

Major events in Minneapolis that drive short-term rental demand.

Super Bowl (when hosted)

Feb · Book 120+ days ahead

+200%

Minnesota State Fair

Aug · Book 21+ days ahead

+40%

US Bank Stadium Events / Vikings

Sep · Book 14+ days ahead

+25%

Twin Cities Marathon

Oct · Book 14+ days ahead

+20%

Top Neighborhoods in Minneapolis

DowntownNorth LoopUptownNortheastSt. Paul (Summit Hill)Mall of America Area

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Weekly Minneapolis Report

Get weekly pricing insights for Minneapolis — events, rate changes, and strategies.

Market Snapshot

Avg Occupancy
60%
YoY ADR Change
-0.5%
Supply Growth
+5%
Season (now)
0.9x

Frequently Asked Questions

What is the average Airbnb nightly rate in Minneapolis?
The average nightly rate for a 1-bedroom entire place in Minneapolis, MN is $105. A 2-bedroom averages $150 and a 3-bedroom averages $210. Private rooms average $50 per night.
What is the best time for Airbnb hosts in Minneapolis?
The highest-demand months in Minneapolis are July, June, August. During peak season, hosts can charge 20-50% above their base rate. Year-over-year ADR growth in Minneapolis is -0.5%.
What events drive Airbnb prices up in Minneapolis?
The biggest pricing events in Minneapolis are Super Bowl (when hosted) (+200%), Minnesota State Fair (+40%), US Bank Stadium Events / Vikings (+25%). Hosts should adjust pricing 120 days in advance to capture early bookings at premium rates.
What is the average Airbnb occupancy rate in Minneapolis?
The average Airbnb occupancy rate in Minneapolis is 60%. Listing supply has changed by +5% year-over-year, which may increase competition.
How much should I charge for a 2-bedroom Airbnb in Minneapolis?
A 2-bedroom entire place in Minneapolis averages $150 per night. Adjust up during peak months (July, June) and during major events. Properties in top neighborhoods like Downtown and North Loop can command higher rates.