Cavalier, ND

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

15 / 40

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$18,886

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$170,318

Median Home Sale Price

Top Earners

$24,772

Top-Earners Revenue

Cavalier

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cavalier.

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B

Generally Investor friendly

Cavalier Regulations

Short-term rentals are allowed in Cavalier with no explicit prohibitions, falling under standard business licensing requirements including a general business license, fire safety permits, and state sales tax registration. While the regulatory framework involves moderate permitting and compliance requirements (business licenses, inspections, building code adherence), it lacks strict caps or excessive restrictions that would deter investment. The absence of specific STR regulations suggests a manageable compliance process rather than an overly complex or restrictive environment.

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About Cavalier

Cavalier is a small, friendly city in Pembina County in the far northeastern corner of North Dakota, where the state meets the Canadian border. The community serves as the county seat and has a population of roughly 1,200 residents, giving it the close-knit, unhurried feel characteristic of the Red River Valley's prairie towns. Long known as a regional hub for agriculture and the surrounding rural communities, Cavalier is also a popular gateway to the Pembina River valley and the wooded lake country of northeastern North Dakota. The nearest major American city is Grand Forks, about 75 miles to the south, while Winnipeg, Manitoba lies roughly two and a half hours to the north across the international border, lending the area a quiet, cross-border character shaped by the surrounding farmland, river bottomlands, and wide open skies.

Just a few miles east of Cavalier, Icelandic State Park wraps around Lake Renwick and offers visitors one of the more unexpected natural settings in North Dakota. The park's woodlands, rolling hills, and lake provide a welcome contrast to the surrounding plains, with opportunities for camping, picnicking, swimming, fishing, and hiking. Migratory songbirds and waterfowl pass through in large numbers during spring and fall, making it a favorite stop for birdwatchers exploring the northern flyway. The short drive from town — generally under fifteen minutes — makes it an easy day outing for short-term rental guests.

About 22 miles north of Cavalier, the small border community of Pembina is home to the Pembina State Museum, which interprets the long and layered history of the region. The museum highlights the area's significance as the site of one of the earliest European settlements in the northern plains, with exhibits on the fur trade, the early Métis community, and the once-thriving Red River ox cart trade. The site's outdoor interpretive trail and reconstructed homestead add context to the area's pioneer past, and the brief drive north through the rolling prairie is itself part of the appeal.

A little farther afield, the broader Pembina River corridor offers additional outdoor recreation, with public lands along the river providing additional opportunities for wildlife watching and quiet walks. Travelers with a little more time can extend trips to the nearby Walhalla area, where the northern woodlands of the Turtle Mountains begin to take shape, offering a distinctly different landscape from the open farmland around Cavalier itself.

Cavalier's appeal as a short-term rental base comes from this combination of small-town prairie character, easy access to the natural beauty of Icelandic State Park, and proximity to the historical sites of the Pembina River valley. Its position near the Canadian border also makes it a convenient stop for travelers moving between the upper Midwest and Manitoba, giving the community a quiet but well-located niche for visitors seeking outdoor recreation, regional history, and the wide horizons of the northern plains.

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