How is Minneapolis performing?
46
Okay
36
Investability
59
Rental Demand
45
Revenue Growth
36
Seasonality
43
Regulation
Annual Revenue
$17.7K
+3%
past year
Occupancy Rate
54%
+4%
past year
Average Daily Rate
$187.4
+3%
past year
Revenue per Available Rental (RevPAR)
$94.2
+6%
past year
Minneapolis Performance Details
Total available listings
3,401
+3%
past year
Listings by rental channel
Airbnb (67%)
Vrbo (10%)
Both (23%)
Listings by rental size
1 Bedroom (46%)
2 Bedroom (23%)
3 Bedroom (15%)
4 Bedroom (10%)
5+ Bedroom (6%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (35%)
91-180 nights (20%)
181-270 nights (19%)
271-365 nights (25%)
Listings by rental type
Entire Home (82%)
Private Room (18%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (16.1%)
Moderate (65.7%)
Strict (17.2%)
Super Strict (1.0%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (31.8%)
3 Nights (14.3%)
4-6 Nights (7.4%)
7-29 Nights (5.6%)
30+ Nights (40.9%)
What amenities do listings have?
Internet
99%
Wireless Internet
97%
Aircon
97%
Heating
94%
Kitchen
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Minnestay | 73 | 0.0% | 2541 | 4.82 |
Timeshare - RoomPicks | 58 | -0.2% | 68 | 4.29 |
Evolve | 40 | -0.0% | 745 | 4.79 |
Curtwood | 24 | 24.0% | 575 | 4.69 |
ICCM Inner City Church | 22 | -0.0% | 4525 | 4.75 |
Occupancy
Occupancy Rate
54%
+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
$1,774,148
+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)
$54
+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
$54
-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
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