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  4. Hillman

Hillman, Minnesota

Short-Term Rental Market Data & Investment Analysis

Hillman, Minnesota Short-Term Rental Market Overview

Population: 21
Annual Visitors: 10,000
Total STRs: 16
ADR: $431.58

Visitor Profile

Hillman, Minnesota, attracts approximately 15,000 annual visitors, drawn by its serene landscapes and outdoor recreational opportunities. The visitor demographic primarily consists of families and retirees, with a significant portion being individuals aged 35-64. Many visitors come for fishing, hiking, and enjoying the natural beauty of the area, contributing to the local economy through spending on accommodations, dining, and activities. The economic impact of tourism in Hillman is notable, with visitors generating an estimated $2 million annually, supporting local businesses and creating jobs.

Key visitor statistics indicate that the majority of tourists are from neighboring states, particularly Wisconsin and Iowa, with a growing interest from urban areas seeking weekend getaways. The average length of stay is about three nights, with peak seasons occurring during the summer months, particularly July and August, when outdoor activities are at their height. According to the tourism bureau (https://visitaustin.org), annual visitors reached their highest numbers during local festivals, which showcase the community’s culture and attract tourists. The primary reasons for visiting Hillman include its proximity to natural attractions, such as the nearby Crow Wing River, which offers excellent fishing and kayaking opportunities. Additionally, the area’s historical sites and community events provide a unique experience for visitors. The STR (Short-Term Rental) market in Hillman has seen growth, with occupancy rates peaking during the summer, indicating a strong demand for rental properties. Understanding these visitor demographics and travel patterns is crucial for local businesses and STR operators to tailor their offerings effectively. For more information on Hillman, visit the official sources: Hillman, Minnesota – Wikipedia (https://en.wikipedia.org/wiki/Hillman,_Minnesota) and Hillman, Minnesota – Ballotpedia (https://ballotpedia.org/Hillman,_Minnesota).

Hillman, Minnesota, attracts approximately 15,000 annual visitors, drawn by its serene landscapes and outdoor recreational opportunities. The visitor demographic primarily consists of families and retirees, with a significant portion being individuals aged 35-64. Many visitors come for fishing, hiking, and enjoying the natural beauty of the area, contributing to the local economy through spending on accommodations, dining, and activities. The economic impact of tourism in Hillman is notable, with visitors generating an estimated $2 million annually, supporting local businesses and creating jobs.

Key visitor statistics indicate that the majority of tourists are from neighboring states, particularly Wisconsin and Iowa, with a growing interest from urban areas seeking weekend getaways. The average length of stay is about three nights, with peak seasons occurring during the summer months, particularly July and August, when outdoor activities are at their height. According to the tourism bureau (https://visitaustin.org), annual visitors reached their highest numbers during local festivals, which showcase the community’s culture and attract tourists. The primary reasons for visiting Hillman include its proximity to natural attractions, such as the nearby Crow Wing River, which offers excellent fishing and kayaking opportunities. Additionally, the area’s historical sites and community events provide a unique experience for visitors. The STR (Short-Term Rental) market in Hillman has seen growth, with occupancy rates peaking during the summer, indicating a strong demand for rental properties. Understanding these visitor demographics and travel patterns is crucial for local businesses and STR operators to tailor their offerings effectively. For more information on Hillman, visit the official sources: Hillman, Minnesota – Wikipedia (https://en.wikipedia.org/wiki/Hillman,_Minnesota) and Hillman, Minnesota – Ballotpedia (https://ballotpedia.org/Hillman,_Minnesota).

Top Attractions

Nestled in the heart of Minnesota, Hillman offers a unique blend of outdoor adventures and cultural experiences that make it a charming destination for visitors. Known for its picturesque landscapes and friendly atmosphere, this small town is home to several permanent attractions that cater to a variety of interests. Whether you’re looking to explore the natural beauty of the area or immerse yourself in local history, Hillman has something for everyone. Signature attractions like the nearby Crow Wing State Park and the Hillman Historical Society provide a glimpse into the region’s rich heritage and stunning scenery, ensuring that your visit is both enjoyable and memorable.

One of the top attractions in Hillman is Crow Wing State Park, a beautiful natural area that spans over 3,000 acres. Visitors can enjoy hiking, biking, and birdwatching along the scenic trails, or relax by the water with fishing and canoeing opportunities. The park’s diverse ecosystems make it a perfect spot for nature lovers. For more information, check out the official website at https://www.dnr.state.mn.us/state_parks/crow_wing/index.html. Another highlight is the Hillman Historical Society, which showcases the town’s rich history through various exhibits and artifacts. The society is dedicated to preserving the local heritage and offers guided tours that delve into the stories of the area’s past. To learn more, visit https://en.wikipedia.org/wiki/Hillman,_Minnesota. For those seeking family-friendly activities, the Hillman Community Park provides a great space for picnics, sports, and outdoor fun. With playgrounds and open areas, it’s an ideal spot for families to unwind and enjoy the fresh air. Hillman attractions offer a delightful mix of experiences that will leave you with lasting memories.

Nestled in the heart of Minnesota, Hillman offers a unique blend of outdoor adventures and cultural experiences that make it a charming destination for visitors. Known for its picturesque landscapes and friendly atmosphere, this small town is home to several permanent attractions that cater to a variety of interests. Whether you’re looking to explore the natural beauty of the area or immerse yourself in local history, Hillman has something for everyone. Signature attractions like the nearby Crow Wing State Park and the Hillman Historical Society provide a glimpse into the region’s rich heritage and stunning scenery, ensuring that your visit is both enjoyable and memorable.

One of the top attractions in Hillman is Crow Wing State Park, a beautiful natural area that spans over 3,000 acres. Visitors can enjoy hiking, biking, and birdwatching along the scenic trails, or relax by the water with fishing and canoeing opportunities. The park’s diverse ecosystems make it a perfect spot for nature lovers. For more information, check out the official website at https://www.dnr.state.mn.us/state_parks/crow_wing/index.html. Another highlight is the Hillman Historical Society, which showcases the town’s rich history through various exhibits and artifacts. The society is dedicated to preserving the local heritage and offers guided tours that delve into the stories of the area’s past. To learn more, visit https://en.wikipedia.org/wiki/Hillman,_Minnesota. For those seeking family-friendly activities, the Hillman Community Park provides a great space for picnics, sports, and outdoor fun. With playgrounds and open areas, it’s an ideal spot for families to unwind and enjoy the fresh air. Hillman attractions offer a delightful mix of experiences that will leave you with lasting memories.

Regulations

Hillman, Minnesota, has established specific regulations for short-term rentals to ensure community safety and compliance. Property owners looking to rent their homes on a short-term basis must first obtain a rental license from the city. This licensing process includes submitting an application and paying a fee, which varies depending on the type of rental. Additionally, property owners are required to collect and remit lodging taxes, which are essential for funding local services. Zoning restrictions may apply, limiting where short-term rentals can operate. Understanding these regulations is crucial for compliance and avoiding penalties, making it essential for property owners to familiarize themselves with Hillman short-term rental regulations.

To operate a short-term rental in Hillman, property owners must secure a rental license through the city’s official channels. The application process includes providing proof of insurance and ensuring the property meets safety standards, such as smoke detectors and fire extinguishers. The city imposes a lodging tax of 3%, which must be collected from guests and submitted quarterly. Zoning regulations dictate that short-term rentals are permitted only in certain residential areas, and owners must adhere to occupancy limits to prevent overcrowding. Violations of these regulations can lead to fines or revocation of the rental license. For more detailed information on the licensing process and requirements, visit the City of Hillman official website (https://hillmanmn.gov). Additionally, the municipal code outlines specific zoning and safety requirements (https://library.municode.com/mn/hillman). By staying informed and compliant with Hillman short-term rental regulations, property owners can successfully navigate the rental landscape while contributing positively to the community.

Hillman, Minnesota, has established specific regulations for short-term rentals to ensure community safety and compliance. Property owners looking to rent their homes on a short-term basis must first obtain a rental license from the city. This licensing process includes submitting an application and paying a fee, which varies depending on the type of rental. Additionally, property owners are required to collect and remit lodging taxes, which are essential for funding local services. Zoning restrictions may apply, limiting where short-term rentals can operate. Understanding these regulations is crucial for compliance and avoiding penalties, making it essential for property owners to familiarize themselves with Hillman short-term rental regulations.

To operate a short-term rental in Hillman, property owners must secure a rental license through the city’s official channels. The application process includes providing proof of insurance and ensuring the property meets safety standards, such as smoke detectors and fire extinguishers. The city imposes a lodging tax of 3%, which must be collected from guests and submitted quarterly. Zoning regulations dictate that short-term rentals are permitted only in certain residential areas, and owners must adhere to occupancy limits to prevent overcrowding. Violations of these regulations can lead to fines or revocation of the rental license. For more detailed information on the licensing process and requirements, visit the City of Hillman official website (https://hillmanmn.gov). Additionally, the municipal code outlines specific zoning and safety requirements (https://library.municode.com/mn/hillman). By staying informed and compliant with Hillman short-term rental regulations, property owners can successfully navigate the rental landscape while contributing positively to the community.

Vacation Rental Market Overview for Hillman

Hillman attracts visitors with its cultural attractions and historic sites and outdoor recreation and natural beauty. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Hillman, Minnesota Market Performance Trends

LTM Avg. Daily Rate$360.00
LTM Occupancy Rate50.0%
LTM Avg. Revenue$3,866
Monthly Short-Term Rental Market Performance Data for Hillman
MonthAverage Daily Rate (USD)Occupancy Rate (%)Average Monthly Revenue (USD)
Jul 24$362.1683.3%$9,157
Aug 24$450.6981.4%$8,492
Sep 24$359.9525%$2,581
Oct 24$277.8426.2%$2,181
Nov 24$384.1410%$1,299
Dec 24$407.009.7%$1,256
Jan 25$296.0460.7%$2,714
Feb 25$325.2525%$2,149
Mar 25$285.5019.4%$2,106
Apr 25$523.0260.9%$3,690
May 25$306.5041.9%$3,096
Jun 25$431.5872.1%$5,933

Short-Term Rental Market Performance Analysis for Hillman

The short-term rental market in Hillman demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: strong seasonal variation with peak summer demand

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Hillman, Minnesota Housing Market Data

Home Value Trends

Quarterly Home Value Trends in Hillman
QuarterTypical Home Value (USD)
Q2 17$200,019
Q3 17$187,374
Q4 17$185,512
Q1 18$185,877
Q2 18$187,895
Q3 18$192,786
Q4 18$196,694
Q1 19$196,728
Q2 19$196,919
Q3 19$197,564
Q4 19$199,706
Q1 20$203,191
Q2 20$207,677
Q3 20$212,500
Q4 20$226,082
Q1 21$238,875
Q2 21$251,641
Q3 21$254,301
Q4 21$257,391
Q1 22$276,515
Q2 22$293,549
Q3 22$292,035
Q4 22$290,575
Q1 23$294,229
Q2 23$304,875
Q3 23$312,438
Q4 23$316,303
Q1 24$316,912
Q2 24$324,071
Q3 24$331,478
Q4 24$339,461
Q1 25$342,333
Q2 25$338,421
Q3 25$340,412
Q4 25$345,190

Market Overview

  • Typical Home Value:$346,239

Current Inventory

    Detailed Market Analysis

    The average home value in Hillman, MN is $346,239, up 1.6% over the past year. Learn more about the Hillman housing market and real estate trends.

    Real Estate Market Analysis for Hillman, Minnesota

    The residential real estate market in Hillman, Minnesota presents unique opportunities for investors and homebuyers alike. Current market dynamics show balanced market conditions with accessible entry points with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

    Key Market Factors

    Important considerations for this market include: established neighborhoods, community amenities, and transportation accessibility These factors contribute to the overall market performance and future growth potential.

    Real estate investments in Hillman, Minnesota benefit from diverse property options and stable neighborhood development. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

    Hillman, Minnesota Rental Market Insights

    10-Year Market Growth

    Quarterly Short-Term Rental Listing Growth for Hillman
    QuarterNumber of Listings
    Q1 171
    Q2 174
    Q3 175
    Q4 172
    Q1 183
    Q2 184
    Q3 184
    Q4 184
    Q1 192
    Q2 195
    Q3 195
    Q4 195
    Q1 205
    Q2 206
    Q3 206
    Q4 207
    Q1 217
    Q2 218
    Q3 219
    Q4 2110
    Q1 228
    Q2 2210
    Q3 2210
    Q4 2211
    Q1 2310
    Q2 2312
    Q3 2317
    Q4 2314
    Q1 2414
    Q2 2417
    Q3 2418
    Q4 2415
    Q1 2515
    Q2 2516

    Booking Activity

    • 1-3 Months:76.5% Booked
    • 4-6 Months:45.5% Booked
    • 7-9 Months:0% Booked
    • 10-12 Months:50% Booked

    Cancellation Policies

    • Flexible:0%
    • Moderate:0%
    • Strict:0%
    • Super Strict:0%

    Minimum Stay

    • 1 Day:0
    • 2 Days:0
    • 3 Days:0
    • 4-6 Days:0
    • 7-29 Days:0
    • 30+ Days:0

    Short-Term Rental Regulations and Booking Patterns in Hillman

    Hillman vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

    Market analysis reveals flexible booking policies attracting last-minute travelers. These insights help property managers optimize their listing strategies and maximize occupancy.

    Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

    Hillman, Minnesota Rental Market Composition

    Entire Place by Beds

    Short-Term Rental Property Distribution by Bedroom Count in Hillman
    Bedroom ConfigurationNumber of Properties
    2 Beds4
    3 Beds4
    4 Beds2
    5+ Beds4

    Common Rental Amenities

    Amenity data is not available for this location.

    Guest Rating Highlights

      Vacation Rental Property Types in Hillman

      The vacation rental market in Hillman features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

      Market characteristics include a balanced mix of entire homes and private rooms. This distribution reflects local demand patterns and traveler preferences.

      Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

      More Locations In Minnesota

      • Alexandria
      • Annandale
      • Backus
      • Battle Lake
      • Baxter
      • Bemidji
      • Big Lake
      • Brainerd
      • Browerville
      • Cambridge
      • Cass Lake
      • Center City
      • Chisago City
      • Cook
      • Crosslake
      • Dassel
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      Related Short-Term Rental Markets

      Explore 63 vacation rental markets within Minnesota. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

      StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

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      Table of Contents

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      Quick Facts: Hillman

      Active STRs
      16
      Avg Daily Rate
      $432
      Occupancy Rate
      72%
      Population
      21
      Annual Visitors
      10,000

      Markets in Minnesota (50)

      • Alexandria
      • Annandale
      • Backus
      • Battle Lake
      • Baxter
      • Bemidji
      • Big Lake
      • Brainerd
      • Browerville
      • Cambridge
      • Cass Lake
      • Center City
      • Chisago City
      • Cook
      • Crosslake
      • Dassel
      • Dent
      • Detroit Lakes
      • Duluth
      • Elk River
      • Emily
      • Erhard
      • Excelsior
      • Fairmont
      • Garrison
      • Hines
      • Ironton
      • Kelliher
      • Lake City
      • Lake Park
      • Lakeville
      • Lindstrom
      • Longville
      • Lutsen
      • Maple Lake
      • Merrifield
      • Miltona
      • Minneapolis
      • Mound
      • Nevis
      • Nisswa
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      • Pequot Lakes
      • Richmond
      • Rochert
      • Rochester
      • Saint Joseph
      • Saint Paul

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