Thief River Falls, MN
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Thief River Falls short-term rental market based on reliable data.
Listings
13 / 39
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$17,049
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$191,782
Median Home Sale Price
Top Earners
$32,111
Top-Earners Revenue
Thief River Falls
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Thief River Falls.
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Generally Investor friendly
Thief River Falls Regulations
STRs are explicitly allowed citywide with no licensing, occupancy caps, or inspections currently required, and the city has no restrictive ordinance in place. The primary friction is uncertain but modest—lodging tax compliance is under discussion and a 3% rate is proposed, with potential future registration—keeping the regime friendly but not entirely risk‑free.
Local STR Agent
STR specialist · Thief River Falls, MN
About Thief River Falls
Thief River Falls, sometimes referred to as Thief River or abbreviated as TRF, is a city in Pennington County in the northwest portion of the U.S. state of Minnesota. The population was 8,749 at the 2020 census. Thief River Falls is the county seat for Pennington County.