Fairmont, MN
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Fairmont short-term rental market based on reliable data.
Listings
18 / 45
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$21,203
Middle-Earners Revenue
Occupancy
60%
Middle-Earners Occupancy
Home Value
$166,077
Median Home Sale Price
Top Earners
$46,645
Top-Earners Revenue
Fairmont
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Fairmont.
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Generally Investor friendly
Fairmont Regulations
Fairmont permits STRs citywide under standard rental licensing without caps, requiring a $5 registration fee and one-time $40 inspection per unit (1-4 units) plus 3% lodging tax. The process is clear and supports investors with detailed guidance, though inspections every three years and safety standards add moderate compliance costs.
Local STR Agent
STR specialist · Fairmont, MN
About Fairmont
Fairmont is a city and the county seat of Martin County, Minnesota, United States. The population was 10,487 at the 2020 census.