How is Detroit Lakes performing?
32
Bad
75
Investability
47
Rental Demand
39
Revenue Growth
11
Seasonality
26
Regulation
Annual Revenue
$24.8K
+3%
past year
Occupancy Rate
51%
+4%
past year
Average Daily Rate
$368.2
+3%
past year
Revenue per Available Rental (RevPAR)
$188.6
+6%
past year
Detroit Lakes Performance Details
Total available listings
138
+3%
past year
Listings by rental channel
Airbnb (39%)
Vrbo (20%)
Both (41%)
Listings by rental size
1 Bedroom (4%)
2 Bedroom (26%)
3 Bedroom (30%)
4 Bedroom (22%)
5+ Bedroom (18%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (38%)
91-180 nights (33%)
181-270 nights (17%)
271-365 nights (12%)
Listings by rental type
Entire Home (98%)
Private Room (2%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (16.2%)
Moderate (58.8%)
Strict (16.2%)
Super Strict (8.8%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (42.8%)
3 Nights (23.2%)
4-6 Nights (17.4%)
7-29 Nights (5.1%)
30+ Nights (11.6%)
What amenities do listings have?
Aircon
98%
Internet
96%
Wireless Internet
95%
Kitchen
93%
Parking
92%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Sota Lake Home Rentals | 11 | 0.1% | 138 | 4.78 |
Evolve | 7 | 0.2% | 109 | 4.83 |
Everyday Luxury | 1 | -0.5% | 35 | 4.95 |
Occupancy
Occupancy Rate
51%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Revenue
Average revenue
$2,483,250
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow much revenue did listings earn per month?
Average revenue over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Rates
Revenue per available rental (RevPAR)
$51
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat was the average daily rate?
Average daily rate over the last 5 years
-3%
past year
2023
2022
2021
2020
2019
2018
Revenue per available rental (RevPAR)
Revenue per available rental
$51
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free