Performance indicators for the Fairmont short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Fairmont.
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Generally Investor friendly
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
Fairmont is a city and the county seat of Martin County, Minnesota, United States. The population was 10,487 at the 2020 census.