Duluth, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

333 / 643

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$45,109

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$280,660

Median Home Sale Price

Top Earners

$96,402

Top-Earners Revenue

Duluth

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Duluth.

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C

Challenging to Investors

Duluth Regulations

Duluth explicitly allows STRs with three clear categories and reasonable AHS terms, but full‑time rentals (VDU) face a significant citywide permit cap (with a waiting list) and Form‑district carve‑outs, while AVDUL is limited to just 21 rental nights/year—combined, these caps and constraints, plus multi‑step permitting/inspections, create notable investor risk.

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About Duluth

Duluth, Minnesota, is a vibrant city located on the north shore of Lake Superior. As of the most recent census, the population of Duluth is approximately 86,000 residents. The city is positioned about 150 miles north of Minneapolis-St. Paul, the nearest major metropolitan area, making it a serene yet accessible destination for tourists seeking a getaway from urban life.

Duluth is well-known for its picturesque landscapes and unique blend of natural beauty and urban amenities. Among the city's most iconic landmarks is the Aerial Lift Bridge, an engineering marvel and a focal point of Duluth's Canal Park. Visitors can learn more about this landmark at Aerial Lift Bridge.

Additionally, Duluth hosts the historic Glensheen Mansion, a 39-room mansion sitting on a 12-acre estate along the Lake Superior shoreline. This site offers guided tours and a glimpse into early 20th-century opulence (Glensheen Mansion).

Furthermore, the city's Lakewalk is a popular attraction for both residents and visitors—it offers stunning views of the lake and connects several parks, beaches, and the landmark Fitger's Brewery Complex (Lakewalk).

For outdoor enthusiasts, Duluth provides easy access to the Superior Hiking Trail and Spirit Mountain, a hub for skiing and mountain biking (Spirit Mountain).

These attributes make Duluth an appealing destination for short-term rentals, catering to a variety of interests including historical exploration, outdoor adventures, and serene vacationing along the largest of the Great Lakes.

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