Minnetonka, MN
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Minnetonka short-term rental market based on reliable data.
Listings
63 / 207
Reliable / Active
Cap Rate
9%
Middle-Earners Gross Yield
Revenue
$43,300
Middle-Earners Revenue
Occupancy
57%
Middle-Earners Occupancy
Home Value
$463,138
Median Home Sale Price
Top Earners
$96,761
Top-Earners Revenue
Minnetonka
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Minnetonka.
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Very Investor friendly
Minnetonka Regulations
STRs are clearly permitted citywide with no caps, and the free, simple annual registration process has no fees or inspections. The city provides supportive resources, a known compliance process, and state law prevents bans, minimizing investor risk and making regulations very friendly.
Local STR Agent
STR specialist · Minnetonka, MN
About Minnetonka
Minnetonka ( MIN-i-TONG-kə) is a city in Hennepin County, Minnesota, United States. A western suburb of the Twin Cities, Minnetonka is located about 10 miles (16 km) west of downtown Minneapolis. At the 2020 census, the city's population was 53,781.Minnetonka is the home of Cargill, the country's largest privately owned company, and UnitedHealth Group, the state's largest publicly owned company. Interstate 494 runs through the city while Interstate 394 (U.S. Route 12) and U.S. Route 169 are situated along the suburb's northern and eastern boundaries respectively.