Performance indicators for the Grand Marais short-term rental market based on reliable data.
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The highest-performing listings in Grand Marais.
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Generally Investor friendly
Permitted with a defined process and moderate costs: $600 annual license, inspections, safety and septic compliance, local lodging tax filing, and two-unit per parcel cap. A county-wide trigger cap exists at 393 units (currently ~358 active), which adds uncertainty, but enforcement is moderate and the rules are clear.
Local STR Agent
STR specialist · Grand Marais, MN
Grand Marais, Minnesota, is a picturesque small town located on the North Shore of Lake Superior. As of the most recent estimates, the city has a population of approximately 1,300 residents. Grand Marais is roughly 110 miles northeast of Duluth, Minnesota, the nearest major city, making it a relatively remote yet accessible destination.
Grand Marais is known for its stunning natural beauty and outdoor recreational opportunities. The town serves as a gateway to the Boundary Waters Canoe Area Wilderness (https://www.fs.usda.gov/recarea/superior/recarea/?recid=41658),,) a renowned area for canoeing, camping, and fishing. Additionally, the city is home to the Superior Hiking Trail (https://superiorhiking.org/),,) which offers breathtaking views of Lake Superior and the surrounding wilderness.
Other notable landmarks include the Grand Marais Lighthouse (https://www.nps.gov/apisd/learn/historyculture/grand-marais-harbor-range-lights.htm),,) a historic structure that has guided ships since the late 19th century. The city's vibrant arts scene is showcased at the North House Folk School (https://northhouse.org/)) and the Johnson Heritage Post Art Gallery (https://www.cookcountyhistory.org/johnson-heritage-post),,) both of which offer workshops and exhibits that celebrate local culture and craftsmanship.
Given its scenic beauty, recreational activities, and cultural attractions, Grand Marais is an appealing destination for short-term rentals. Visitors can enjoy a peaceful retreat while indulging in various outdoor activities and exploring the town's charming artistic and historical landmarks.