Minot, ND

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

46 / 109

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$22,251

Middle-Earners Revenue

Occupancy

71%

Middle-Earners Occupancy

Home Value

$278,332

Median Home Sale Price

Top Earners

$42,885

Top-Earners Revenue

Minot

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Minot.

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A

Very Investor friendly

Minot Regulations

STRs allowed citywide with no dedicated licensing or caps; minimal oversight, low fees, and mainly tax compliance; enforcement tone is supportive of operation while expecting basic safety and local contact.

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About Minot

Minot ( MY-not) is a city in and the county seat of Ward County, North Dakota, United States, in the state's north-central region. It is most widely known for the Air Force base approximately 15 miles (24 km) north of the city. With a population of 48,377 at the 2020 census, Minot is the state's fourth-most populous city and a trading center for a large part of northern North Dakota, southwestern Manitoba, and southeastern Saskatchewan. Founded in 1886 during the construction of James J. Hill's Great Northern Railway, Minot is also known as "Magic City", commemorating its remarkable growth in size over a short time. Minot is the principal city of the Minot micropolitan area, a micropolitan area that covers McHenry, Renville, and Ward counties and had a combined population of 77,546 at the 2020 census.

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