Annandale, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Annandale short-term rental market based on reliable data.

Listings

46 / 141

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$35,295

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$414,740

Median Home Sale Price

Top Earners

$60,712

Top-Earners Revenue

Annandale

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Annandale.

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D

Unfriendly to Investors

Annandale Regulations

Annandale explicitly bans short‑term rentals in all residential districts (Ord. 383, 2021); only state‑licensed hotels/motels in commercial zones are allowed. No STR permits are issued, making any STR investment in the city infeasible.

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About Annandale

Annandale is a small city of roughly 3,200 residents in Wright County, Minnesota, situated in the heart of the state's central lake country. With a relaxed, outdoorsy character and a tidy downtown of local shops and eateries, it serves as a year-round gateway to the lakes, forests, and rivers that define this stretch of central Minnesota. The community lies approximately 50 miles northwest of Minneapolis–Saint Paul, making it an accessible escape from the Twin Cities metro while still feeling comfortably removed from it.

The city is wrapped by a cluster of clear recreational lakes — including Pleasant Lake and the connected chain of waters around town — which draw visitors for swimming, fishing, boating, and winter activities. Public launches, small lakeside parks, and shoreline access points dot the area, and the water gives the town its distinctly seasonal rhythm of summer lake traffic and snowmobilers in the colder months. Cabins and small resorts have long been part of the local landscape, lending the area a classic Minnesota up-north feel without the long drive.

Just south of Annandale, Lake Maria State Park preserves more than 1,600 acres of rolling hardwood forest, with miles of hiking and horseback riding trails, a quiet campground, and one of the more untroubled backcountry settings in the greater metro region. The park sits within Wright County and is roughly a 20- to 25-minute drive from downtown Annandale, making it a popular day trip for visitors who want to trade a lakeside morning for a long walk in the woods.

The broader region is threaded by the Mississippi River, whose upper stretches pass within easy reach of the city and offer scenic drives, fishing spots, and small riverside communities to explore. To the northeast, the larger city of St. Cloud — about 35 miles away — provides a wider range of dining, shopping, and services, while Buffalo, the Wright County seat, lies just a short drive south and offers additional amenities, parks, and the county's historic courthouse square.

For short-term rental investors, Annandale combines small-town charm with established lake tourism and proximity to a major metro area. Its cabin-country identity, year-round outdoor recreation, and an easy drive from the Twin Cities give it the kind of broad seasonal appeal that tends to support steady visitor demand.

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