Home / Markets / United States / Minneapolis short-term rental revenue management

MARKETS · UNITED STATES · MINNEAPOLIS

Minneapolis short-term rental revenue management.

How Minneapolis's short-term rental market moved in the 2026 season, month by month against 2025, and what it means for pricing. Built from the PriceLabs comp sets of the Minneapolis listings we manage.

Updated 2026-11-03

THE MARKET, MONTH BY MONTH

Minneapolis short-term rentals, Apr 2026 to Oct 2026.

These are market numbers, not ours: the average across the PriceLabs comp sets of the Minneapolis listings we price (up to 61 in a month), each month set against the same month a year earlier. A comp set is the group of competing listings a property is priced against. Ours are mostly 2-bed (66%) and 1-bed (18%) homes.

MonthMarket occupancy (last year → this)Market nightly rate, USD (last year → this)Market RevPAR vs last yearBooking windowAverage stay
Apr 202665% → 61%$127 → $141+4%30 days3.8 nights
May 202670% → 65%$147 → $146−6%25 days3.6 nights
Jun 202673% → 74%$161 → $178+12%32 days3.7 nights
Jul 202677% → 76%$173 → $190+8%36 days3.8 nights
Aug 202676% → 71%$168 → $168−6%35 days3.6 nights
Sep 202664% → 65%$159 → $153−2%29 days3.7 nights
Oct 202666% → 64%$165 → $160−6%33 days3.3 nights

Source: PriceLabs comp-set data for RevOpt-managed Minneapolis listings, Apr 2026 to Oct 2026. Booking window and average stay are this year's market averages. Our monthly data for Minneapolis starts in April 2026. For the full US year, see the United States page.

WHAT IT MEANS FOR PRICING

What moves revenue in Minneapolis.

1. Summer is the peak

Market RevPAR peaked at $143 in July, against $86 in April. Minneapolis earns its year between June and August, so that is where base prices and minimum stays matter most.

2. The gains came from rate

In June market RevPAR rose 12% on last year while occupancy barely moved: the extra revenue came from nightly rate. Full calendars at last year's prices were the most common miss.

3. Late summer and autumn softened

May, August and October all ran below 2025, by up to 6% in market RevPAR. Weekly pace checks catch a soft month while there is still time to fill it.

4. Guests book late

The market's booking window ran 25–36 days. With guests booking about a month out, cutting prices two months ahead gives revenue away; hold rate and adjust on pace.

5. Events fill the calendar

The Minnesota State Fair runs from late August to Labor Day, the Twin Cities Marathon comes in October, and U.S. Bank Stadium hosts concerts and Vikings games. Price those dates early, and hold.

A SECOND SOURCE · AIRBTICS

What the wider Minneapolis market says.

Airbtics tracks every active short-term rental in Minneapolis, studios and rooms included, so it's a useful cross-check: median occupancy and nightly rate for Sep 2025–Aug 2026 against the twelve months before, and the change in active listings.

MarketMedian occupancy (prior 12 mo → last 12 mo)Median nightly rate, USDActive listings, year on year
Minneapolis68% → 62%$150 → $163 (+9%)+8%

Source: Airbtics market data (Sep 2025–Aug 2026; averages of monthly medians).

OUR RESULT

Across our US portfolios: +23% on the same listings.

Every US listing we manage that was live in both periods, April–September 2026 against 2025, set against each listing's own market: revenue +23% on the same 155 listings, against a market at +2%. Client names are withheld. How we measure results →

HOW WE WORK

A revenue manager for your Minneapolis portfolio.

What you get

  • A named revenue manager who prices every unit, every day, inside your PriceLabs and PMS
  • Revenue projections for every listing, agreed with you up front
  • A weekly pacing check for every listing against its market
  • Minneapolis event calendars, seasonal base prices and minimum stays
  • Monthly reporting in USD, ready to share with owners

Who it's for

  • Operators with 10+ listings, or $1M+ a year in bookings
  • Teams that answer to owners or investors for the number
  • Under 10 listings? RevBnB, our AI pricing manager, is built for you
FREE PRICING GAMES · 2–3 MINUTES · NO SIGN-UP

Can you price like a revenue manager?

Three quick games on real 2026 United States rates: set the right price, fill the calendar with the best stays, or beat our revenue manager. Each one ends with your pricing blind spots.

Play The Revenue Room →
QUESTIONS

Questions operators ask.

Do you manage short-term rentals in Minneapolis?

Yes. We priced up to 61 Minneapolis listings in a month during 2026, inside our clients' own PriceLabs accounts.

Do you work with Guesty, Hostaway and Hospitable?

Yes. We work inside your existing PriceLabs account with your PMS, so there's nothing to migrate.

What does it cost?

We quote on a call once we've seen your portfolio. There is no setup fee and no lock-in (30 days' notice), and the gap audit is free.

START HERE, FREE

See what your calendar is leaving on the table.

A free gap audit on your own numbers: where revenue leaks, why, and what it's worth. Run by a PriceLabs Verified Revenue Management Partner.

No setup feeNo lock-in30 days' noticeYour tools & data stay yours