Devils Lake, ND

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

71 / 133

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$19,492

Middle-Earners Revenue

Occupancy

41%

Middle-Earners Occupancy

Home Value

$244,812

Median Home Sale Price

Top Earners

$37,912

Top-Earners Revenue

Devils Lake

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Devils Lake.

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B

Generally Investor friendly

Devils Lake Regulations

STRs are permitted and the city shows a supportive tone and low‑regulation environment, with basic licensing and compliance under Titles 5, 8, and 17 but no clear caps, high fees, or onerous rules.

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About Devils Lake

Devils Lake is a small but active community in northeastern North Dakota and serves as the seat of Ramsey County. With a population of roughly 7,000 residents, it functions as the regional hub for the surrounding lake country and prairie farmland. The city has long drawn visitors for its namesake lake and the associated fishing, hunting, and outdoor recreation, and it sits approximately 90 miles west of Grand Forks and about 150 miles northwest of Fargo, the nearest major metropolitan area.

The natural centerpiece of the region is Devils Lake itself, one of the largest natural bodies of water in North Dakota. The lake is well known among anglers for populations of walleye, yellow perch, and northern pike, and in recent decades it has been notable for its rising water levels, which have reshaped the surrounding shoreline and created additional shallow-water habitat for shore anglers and waterfowl hunters.

Just south of the city, Grahams Island State Park wraps around the southern shore of the lake and offers camping, boating, and swimming within roughly a fifteen-minute drive of downtown. It is one of the most popular warm-weather destinations in the area and a common anchor for families and fishing groups visiting the region.

About fifteen miles southwest of town, Fort Totten State Historic Site preserves a former nineteenth-century military post that later served as a Native American boarding school. The site now operates as a museum complex with restored buildings, exhibits on frontier military life, and demonstrations of pioneer-era crafts, providing a quieter, more reflective complement to the outdoor recreation nearby.

A short distance to the south, White Horse Hill National Game Preserve, formerly known as Sully's Hill, protects a tract of woodland and prairie on the edge of the lake that is home to bison, elk, and a variety of native birds. Its wooded bluffs and short hiking trails offer a contrast to the open prairie that surrounds most of the region and are a popular stop for visitors passing through.

For travelers, Devils Lake offers a combination of small-town amenities and direct access to a wide range of outdoor experiences, from lake-based fishing and boating to historic sites and wildlife viewing. Its role as a service center for the surrounding rural region, paired with steady seasonal demand from hunters, anglers, and snowmobilers, makes it a natural base for short-term rentals that cater to both summer and winter visitors.

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