Pine City, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

39 / 92

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$38,100

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$232,837

Median Home Sale Price

Top Earners

$63,310

Top-Earners Revenue

Pine City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Pine City.

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B

Generally Investor friendly

Pine City Regulations

STRs are clearly legal citywide with straightforward permitting; costs are moderate ($700–$1,000 initial; ~$100+ MDH/renewals), caps are tied to septic capacity only, and enforcement is lax (few complaints, limited enforcement), making the framework investor-friendly overall.

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About Pine City

Pine City is a city in and the county seat of Pine County, in east central Minnesota, United States. The population was 3,130 at the 2020 census. Part of the city is on the Mille Lacs Indian Reservation. Founded as a railway town, it soon became a logging community and the surrounding lakes made it a resort town. Today, it is in part as a commuter town for people working in the Minneapolis–Saint Paul metropolitan area.

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