Performance indicators for the East Grand Forks short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in East Grand Forks.
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Challenging to Investors
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.
Local STR Agent
STR specialist · East Grand Forks, MN
East Grand Forks (also known as EGF) is a city in Polk County, Minnesota, United States. The population was 9,176 at the 2020 Census, making it the largest community in Polk County. It is located in the Red River Valley region along the eastern bank of the Red River of the North, directly across from the larger city of Grand Forks, North Dakota. The cities of Grand Forks and East Grand Forks form the center of the Grand Forks, ND–MN Metropolitan Statistical Area, which is often called Greater Grand Forks. The population was 104,362 at the 2020 Census.