Cannon Falls, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

12 / 22

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$27,035

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$292,676

Median Home Sale Price

Top Earners

$60,293

Top-Earners Revenue

Cannon Falls

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cannon Falls.

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A

Very Investor friendly

Cannon Falls Regulations

Cannon Falls permits short‑term rentals citywide with no licensing, permitting, occupancy caps, or zoning limits, and the city shows a supportive stance; the only requirements are basic state sales‑tax collection, keeping compliance minimal and highly investor‑friendly.

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About Cannon Falls

Cannon Falls is a small city in Goodhue County, in southeastern Minnesota, with a population of roughly 4,000 residents. Set in the rolling landscape where the Cannon River cuts through wooded bluffs, the town has the relaxed, lived-in feel of a rural Minnesota community that has retained much of its 19th-century brick-and-stone downtown character. It serves as a quiet gateway to the scenic river bluffs and small towns of the Cannon River Valley, and it sits approximately 40 miles southeast of the Minneapolis–Saint Paul metro area, easily reached via U.S. Highway 52.

Just a few minutes from the heart of town, the Cannon River winds through a wooded valley lined with limestone outcroppings, offering paddling, tubing, and trout fishing in season. The river is one of the defining features of the area, and public access points within a short drive of Cannon Falls draw visitors who want a low-key outdoor experience without traveling to a major state park.

About 25 miles to the southeast, the Mississippi River town of Red Wing anchors the region's tourism scene with its well-preserved historic downtown, the bluffs of the Mississippi, and Barn Bluff, a prominent natural landmark that rises above the river. A little farther along the river, Frontenac State Park offers hiking, camping, and bluff-top views over the Mississippi backwaters, making it one of the closest state-park experiences to Cannon Falls.

To the west, Lake Byllesby Regional Park spans a reservoir on the Cannon River and provides a beach, hiking trails, and fishing in a quiet, family-friendly setting. Closer to home, the Cannon Valley Trail — a paved rail-trail running from Cannon Falls southeast toward Red Wing — is a popular route for cyclists and walkers looking to experience the valley's scenery at a slower pace.

For short-term-rental owners, Cannon Falls offers an appealing combination: a genuine small-town setting with its own riverfront charm, proximity to the Twin Cities for visitor draw, and easy access to the bluff country, the Mississippi River, and the wider southeastern Minnesota recreation corridor. The mix of outdoor activities, scenic drives, and historic small-town stops nearby gives guests plenty to fill a weekend — and a steady stream of regional travelers year-round.

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