Nevis, Minnesota Short-Term Rental Market
The Nevis, MN area STR market averaged $302/night at 62.8% occupancy in June 2026, revenue up 1.5% year over year.
Quick Answer: Nevis, Minnesota is an active short-term rental market. average occupancy in the Minnesota Area market area is 63%. average monthly revenue in the Minnesota Area market area is $4,729. average daily rate in the Minnesota Area market area is $302. the top operator in the Minnesota Area market area is Evolve with 339 listings. market score is 72/100 (grade B).
Market data reflects the Minnesota Area regional market, which includes Nevis. Regulations, taxes, and permit details below are specific to Nevis.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Nevis, Minnesota is a small Northwoods resort town in Hubbard County on the east end of Lake Belle Taine, marketed as the gateway to the Paul Bunyan State Forest within the Park Rapids/Heartland Lakes vacation region, with a population of just 496. The StaySTRA STR series for this area is tracked at a shared submarket level covering Nevis and nearby Heartland Lakes towns rather than uniquely for this town, so the figures below describe the Nevis, MN area STR market.
The Nevis, MN area STR market posted an average daily rate of $302.36 and 62.81% occupancy in June 2026, with a trailing average revenue per listing of about $4,728.95. Year over year, revenue is up 1.50% even as occupancy is down 1.00% and ADR is down 3.83%, suggesting more bookings at a lower average rate are roughly offsetting each other. Average booking lead time is 90.58 days, one of the longer lead times in this batch, and average length of stay is 4.02 nights. Demand is seasonal and outdoor-recreation driven: lake fishing (the area is known for muskie), boating and swimming in summer, plus snowmobiling in winter, and the paved Heartland State Trail brings cyclists and hikers through town; visitors are largely regional drive-market travelers and anglers from the Twin Cities and greater Minnesota staying at lake cabins, resorts, and campgrounds.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 40% | $180 | $2,076 |
| Feb | 45% | $181 | $2,063 |
| Mar | 46% | $171 | $2,211 |
| Apr | 46% | $158 | $1,914 |
| May | 54% | $195 | $2,323 |
| Jun | 66% | $253 | $3,994 |
| Jul | 71% | $255 | $4,769 |
| Aug | 66% | $251 | $4,457 |
| Sep | 50% | $214 | $2,966 |
| Oct | 50% | $196 | $2,740 |
| Nov | 41% | $164 | $1,982 |
| Dec | 47% | $180 | $2,160 |
Top Short-Term Rental Operators in Minnesota Area market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Minnesota Area market as a whole, which includes Nevis, so these counts are not Nevis-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 339 | 13,153 | ★ 4.77 |
| 2 | Cascade Vacation Rentals | 182 | 3,864 | ★ 4.76 |
| 3 | Heirloom | 111 | 7,480 | ★ 4.82 |
| 4 | Sota Lake Home Rentals | 61 | 1,311 | ★ 4.50 |
| 5 | Woods To Water Vacation Homes | 48 | 942 | ★ 4.95 |
What Kind of STR Should I Buy in Nevis?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 2,555 |
| 2 bed | 3,011 |
| 3 bed | 2,548 |
| 4 bed | 1,420 |
| 5 bed | 875 |
ADR by Property Tier
| Entire Home | $316 |
| Luxury | $536 |
| Professionally Managed | $387 |
Revenue by Dwelling Type
| Apartment | $3,651 |
| Entire Place | $4,948 |
| House | $5,105 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 40% |
| vrbo | 14.3% |
| both | 45.8% |
Investment Analysis
Entry cost in the Nevis, MN area is moderate: Zillow’s typical home value is $367,294.58, with a median list price of $414,600.00 across 30 homes for sale (median sale price, sale-to-list ratio, and median days to pending were not published for this market).
Rate tiers show a wide premium ladder: the area’s all-listing ADR is $302.36, rising to $316.05 for entire-home units, $386.91 for professionally managed listings, and $536.29 for the luxury tier, about 77% above the market average. Revenue by property type is led by houses at $5,105.08 per month, followed by entire-place listings at $4,947.80 and apartments at $3,650.63.
Using the reported area average revenue of $4,728.95 per month ($56,747.45 annualized) against the $367,294.58 typical home value produces a computed gross yield of approximately 15.4%, before financing, management fees, taxes, insurance, and vacancy beyond the reported occupancy rate, a solid figure for this dataset. Bedroom mix, listing-type split, market-score, and top-operator data are tracked at a shared regional level rather than uniquely for Nevis, so this profile omits them.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Guests in the Nevis, MN area book unusually far in advance, with an average lead time of 90.58 days, over three months out, one of the longer lead times in this batch, and stay 4.02 nights on average.
For pricing, the long lead time gives operators substantial room to set and hold rates well ahead of the July peak, particularly useful given how sharply demand builds from spring into summer here. The moderate stay length reduces turnover relative to very short-stay markets, and given the roughly 2.5x seasonal swing, pricing discipline through the June, July, and August window matters considerably more to annual revenue than any single off-season month.
Short-Term Rental Regulations
Nevis itself does not appear to have a stand-alone STR ordinance; short-term rentals are governed primarily by Hubbard County’s shoreland management ordinance, amended in 2021 with rules effective May 1, 2022. Any STR must hold a valid annual license from the Hubbard County Environmental Services Office before operating. Licenses are tied to the property, cannot be transferred to a new owner, and only one license is issued per rental unit. Annual license fees are tiered by guest capacity: roughly $330 for up to 8 occupants, $440 for 9 to 12, and $550 for 13 or more.
Maximum overnight occupancy is set by septic (SSTS) capacity, roughly one person per 75 gallons per day of capacity, or one per 200 gallons for holding tanks, and requires a current septic compliance certificate plus water-quality testing. No more than one STR structure is allowed on a lot that doesn’t meet duplex lot-size criteria, with up to two permitted on qualifying larger lots. Operators must provide guests a property map, emergency contacts, occupancy limits, and the county’s Good Neighbor brochure, and must advertise the occupancy limit; quiet hours run 10 p.m. to 7 a.m., and onsite or legal public parking is required, with violations able to lead to license suspension or revocation. There is no owner-occupancy or primary-residence requirement and no stated cap on rental nights per year. Statewide, Minnesota requires hosts to collect 6.875% state sales tax, plus any applicable local or lodging tax, on stays under 30 days. Enforcement is rated moderate.
Market Comparison
The Nevis, MN area’s $302.36 ADR runs well above the roughly $220 national median ADR, about 37% higher, and its 62.81% occupancy also runs above the commonly cited US short-term rental median of about 55%. That combination places Nevis among the stronger-performing markets in this batch on both rate and fill, consistent with its position as a well-established Northwoods lake destination.
Property-manager-level data for this market is tracked at a shared regional level rather than uniquely for Nevis, so this profile omits it.
Frequently Asked Questions About Nevis, Minnesota
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