East Grand Forks, MN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the East Grand Forks short-term rental market based on reliable data.

Listings

15 / 58

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$26,268

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$291,077

Median Home Sale Price

Top Earners

$41,602

Top-Earners Revenue

East Grand Forks

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in East Grand Forks.

Loading top listings...

C

Challenging to Investors

East Grand Forks Regulations

STRs are technically allowed but constrained to Bed & Breakfast special uses in residential zones or commercial districts, requiring special use permits with public hearing and council approval plus state lodging licensing. Enforcement risk exists for any residential STR operating without approvals, and strict character/parking/accessibility standards increase compliance burden.

View East Grand Forks Regulations →

Local STR Agent

STR specialist · East Grand Forks, MN

Trusted Expert
Get Expert Help In East Grand Forks
Free consultation Response within 24h

About East Grand Forks

East Grand Forks, Minnesota sits in the northwest corner of the state in Polk County, perched on the eastern bank of the Red River of the North directly opposite Grand Forks, North Dakota. The two cities together form a single metropolitan area of roughly 60,000 people, with East Grand Forks itself home to about 9,000 residents. The town has a quiet, working-class character rooted in the surrounding Red River Valley farmland, and it carries a deep hockey and outdoor-recreation identity that complements its cross-border neighbor. It functions as a gateway to the broader Red River Valley and as a convenient waystation for travelers heading between the upper Midwest and the Canadian prairies. The nearest large city is Fargo–Moorhead, located roughly 80 miles to the south along I-29.

A centerpiece of the community is the Red River State Recreation Area, a Minnesota state recreation area built on the earthen ring levee that protected the town during the catastrophic 1997 Red River flood. The park sits within minutes of downtown East Grand Forks and offers hiking and biking paths, picnic areas, river overlooks, and interpretive signage about the flood and the rebuilt town. Its trails connect directly into the Greater Grand Forks Greenway, a continuous corridor of parks and paved paths that follows the river through both cities and is a favorite for cyclists, joggers, and cross-country skiers depending on the season.

Just across the river, the city of Grand Forks adds substantial amenities that effectively double East Grand Forks's visitor appeal. The University of North Dakota campus, only a few minutes' drive over one of the bridges, brings collegiate energy, restaurants, and the prominent Ralph Engelstad Arena, a major venue for Fighting Hawks hockey and concerts. Downtown Grand Forks also offers the North Dakota Museum of Art, the state's official art museum, which hosts rotating exhibitions and is generally free to visit.

For longer excursions, East Grand Forks makes a practical base for reaching some of the upper Midwest's signature landscapes. Itasca State Park and the headwaters of the Mississippi River lie roughly 2.5 to 3 hours to the east and draw visitors interested in old-growth pine forest and the small stream where the great river begins. To the north, the international border at Pembina and onward to Winnipeg, Manitoba, is about a three-and-a-half-hour drive, making East Grand Forks a useful overnight stop on transcontinental road trips.

East Grand Forks offers short-term rental investors an affordable entry point with steady year-round demand drivers, including UND events, regional hockey tournaments, agricultural trade shows, and travelers passing through the I-29 corridor. Its pairing with a much larger sister city across the river gives guests a small-town stay with quick access to big-city amenities, and the surrounding Red River Valley provides the kind of wide-open landscapes and outdoor recreation that appeal to road-trippers and outdoor enthusiasts.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc