Lake Benton, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Lake Benton short-term rental market based on reliable data.

Listings

5 / 12

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$5,674

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$198,256

Median Home Sale Price

Top Earners

$24,192

Top-Earners Revenue

Lake Benton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lake Benton.

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C

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.

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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.

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