Minnetonka, MN

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

94 / 204

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$43,629

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$472,418

Median Home Sale Price

Top Earners

$103,423

Top-Earners Revenue

Minnetonka

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Minnetonka.

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A

Very Investor friendly

Minnetonka Regulations

STRs are clearly permitted citywide with no caps, and the free, simple annual registration process has no fees or inspections. The city provides supportive resources, a known compliance process, and state law prevents bans, minimizing investor risk and making regulations very friendly.

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About Minnetonka

Minnetonka ( MIN-i-TONG-kə) is a city in Hennepin County, Minnesota, United States. A western suburb of the Twin Cities, Minnetonka is located about 10 miles (16 km) west of downtown Minneapolis. At the 2020 census, the city's population was 53,781.Minnetonka is the home of Cargill, the country's largest privately owned company, and UnitedHealth Group, the state's largest publicly owned company. Interstate 494 runs through the city while Interstate 394 (U.S. Route 12) and U.S. Route 169 are situated along the suburb's northern and eastern boundaries respectively.

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