Oakes, ND

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

21 / 44

Reliable / Active

Cap Rate

17%

Middle-Earners Gross Yield

Revenue

$28,844

Middle-Earners Revenue

Occupancy

76%

Middle-Earners Occupancy

Home Value

$173,774

Median Home Sale Price

Top Earners

$39,233

Top-Earners Revenue

Oakes

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Oakes.

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A

Very Investor friendly

Oakes Regulations

STRs are clearly permitted citywide with no explicit local restrictions, permitting, or caps; only standard state sales tax and business registration are required and zoning verification is straightforward. The city’s supportive tone and absence of burdensome rules minimize investor risk.

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About Oakes

Oakes is a small farming city in Dickey County, in the southeastern corner of North Dakota, with a population of approximately 1,700 residents. The community sits amid the rolling prairie and agricultural land that defines this part of the Northern Plains, and it functions as a quiet service hub for the surrounding ranch and farm country. Travelers appreciate Oakes for its unhurried pace, its wide horizons, and its convenient position as a gateway to the wider region, sitting between two larger regional centers: Aberdeen, South Dakota, roughly 60 miles to the south, and Fargo, North Dakota, approximately 100 miles to the north and east.

About 60 miles south of Oakes, the city of Aberdeen, South Dakota, offers one of the region's most popular family destinations in Wylie Park. The park is home to Storybook Land, a storybook-themed attraction that has been a regional draw for generations, along with the adjoining lake, campgrounds, and the Wylie Park Zoo. It is a popular day trip for families staying in the area and gives short-term rental guests an easy reason to extend their visit.

Roughly 90 miles north of Oakes, Jamestown, North Dakota, is home to the National Buffalo Museum and the adjacent Frontier Village, a living-history complex featuring pioneer-era buildings and a herd of bison that often graze the nearby pastures. The area is also known for the World's Largest Buffalo Monument, a concrete sculpture that has stood along Interstate 94 since the early 1960s, and offers a strong introduction to the prairie heritage of the Northern Plains.

The prairie landscape surrounding Oakes is itself a draw for visitors interested in birdwatching, big-sky photography, and the open road. The region lies within the Prairie Pothole Region, an area of glacially formed wetlands that supports an extraordinary diversity of migratory waterfowl, and the rural roads around town offer a peaceful alternative to busier tourist corridors. Small town parks, local diners, and a genuine sense of community round out the everyday experience for guests who prefer a quieter stay.

Oakes is a compelling base for short-term rentals because it offers the affordable, unhurried character of a small prairie town while placing guests within easy driving distance of two regional hubs and several well-known family attractions. Visitors looking for a slower pace, dark night skies, and an authentic feel for the agricultural heart of the Northern Plains will find the area rewarding, and the proximity to Aberdeen, Jamestown, and the wider prairie landscape ensures that a stay in Oakes can be both restful and full of day-trip possibilities.

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