Litchfield, MN

Key Performance Metrics

Market snapshot

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

Listings

15 / 56

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$28,234

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$243,851

Median Home Sale Price

Top Earners

$54,013

Top-Earners Revenue

Litchfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Litchfield.

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Challenging to Investors

Litchfield Regulations

Litchfield permits STRs only in business districts; residential zones effectively exclude them, and bed‑and‑breakfast operations are not clearly allowed in many residential districts. Multiple permits (zoning, building, conditional use, site plan) plus public hearings and performance standards add cost/complexity and create approval risk.

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About Litchfield

Litchfield is a city in and the county seat of Meeker County, Minnesota, United States. The population was 6,624 at the 2020 census.

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