Moorhead, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

32 / 89

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$25,478

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$290,366

Median Home Sale Price

Top Earners

$49,399

Top-Earners Revenue

Moorhead

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Moorhead.

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B

Generally Investor friendly

Moorhead Regulations

Moorhead allows STRs citywide under its standard rental registration and requires a modest $150 annual fee, one inspection, and a clear local‑manager/residency rule, with no caps and straightforward occupancy standards. Enforcement and process are clearly defined. The potential need for a County Hotel/Motel lodging license (for stays <1 week) and plan review adds moderate cost/complexity, but remains manageable for investors.

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About Moorhead

Moorhead is a mid-sized city in northwestern Minnesota, serving as the county seat of Clay County and forming half of the Fargo–Moorhead metropolitan area alongside its larger neighbor, Fargo, North Dakota, just across the Red River. With a population of roughly 44,000 residents, Moorhead carries a comfortable, college-town atmosphere shaped by its two long-standing institutions of higher learning — Minnesota State University Moorhead and Concordia College — and a downtown that hums with restaurants, galleries, and riverfront trails. The city sits about 235 miles northwest of the Twin Cities of Minneapolis and Saint Paul, typically a three-and-a-half to four-hour drive, and it acts as a natural gateway to the Red River Valley, the lakes country of western Minnesota, and the open prairie landscapes of the northern Great Plains.

Just east of town, Buffalo River State Park offers visitors a quick escape into restored tallgrass prairie and oak savanna, with hiking trails, a swimming pond, and the slow, shady Buffalo River winding through the landscape. The drive from central Moorhead is roughly fifteen to twenty minutes, making it a popular spot for an afternoon of walking, birding, or a relaxed family picnic beneath the prairie sky.

Within the city itself, the Hjemkomst Center is a defining cultural landmark, housing a full-scale replica of a Viking ship — the Hjemkomst — that sailed from Minnesota to Norway in the early 1980s, alongside a striking replica of a Norwegian stave church. The center anchors Moorhead's riverside heritage district and gives visitors a tangible connection to the strong Scandinavian roots of the Red River Valley.

Crossing the river into Fargo, visitors will find the Red River Zoo, a compact, family-friendly zoo focused on cold-climate species from places like the Tibetan Plateau, Siberia, and northern Canada. A short drive of about ten to fifteen minutes from downtown Moorhead, the zoo makes an easy half-day outing, especially for families traveling with children.

Moorhead's appeal as a short-term rental base comes from the way it blends small-city livability with cross-border access to a full metro of dining, sports, and entertainment options. Guests can spend mornings on prairie trails, afternoons exploring Scandinavian heritage on the Minnesota side, and evenings taking in breweries, concerts, and college-town energy in Fargo, all without ever straying far from a quiet, walkable neighborhood. With steady university visitation, regional sports tournaments, and a growing stream of travelers exploring the northern plains, Moorhead offers property owners a year-round market rooted in both community character and convenient access to a much wider region.

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