Lake Benton, MN
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Lake Benton short-term rental market based on reliable data.
Listings
1 / 12
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$26,052
Middle-Earners Revenue
Occupancy
77%
Middle-Earners Occupancy
Home Value
$204,518
Median Home Sale Price
Top Earners
$26,052
Top-Earners Revenue
Lake Benton
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Lake Benton.
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Challenging to Investors
Lake Benton Regulations
Lake Benton STRs are technically legal but face significant constraints including jurisdictional uncertainty (city vs. county), undefined city-specific regulations, and potential need for Conditional Use Permits if classified as 'Bed and Breakfast.' The lack of clear regulatory framework and required verification across multiple authorities creates substantial compliance burden that deters investment.
Local STR Agent
STR specialist · Lake Benton, MN
About Lake Benton
Lake Benton is a city in Lincoln County, Minnesota, United States. The population was 683 at the 2010 census.Lake Benton is also the name of the approximately seven-mile-long (11 km) lake adjacent to the city of Lake Benton. The town is on the Buffalo Ridge, and is the site for the radio tower of KKCK-FM in Marshall. The area is the site of Exelon Wind's Norgaard Wind Project.