Saint Joseph, Minnesota Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 6
ADR: $174.89

Visitor Profile

Saint Joseph, Minnesota, is a charming small town that attracts a diverse range of visitors each year, contributing significantly to the local economy. While exact annual visitor numbers are difficult to pinpoint, estimates suggest that the town sees tens of thousands of visitors, particularly during peak seasons. The primary demographics of these visitors include families, outdoor enthusiasts, and cultural tourists, with a notable percentage being aged 25-54. Many visitors come for recreational activities, local festivals, and to explore the scenic beauty of the area. The economic impact of tourism in Saint Joseph is substantial, supporting local businesses and creating jobs within the community.

Key visitor statistics reveal that Saint Joseph experiences a surge in tourism during the summer months, particularly in June and July, when outdoor activities and local events draw crowds. The average length of stay for visitors is approximately two to three days, allowing ample time to explore the town’s attractions, such as the historic downtown area and nearby parks. According to the tourism bureau, the visitor demographics indicate that around 60% of tourists are from Minnesota, with a growing number from neighboring states. The main reasons for visiting include family gatherings, outdoor recreation, and participation in local events. This influx of visitors not only enhances the community’s vibrancy but also provides significant economic benefits, with tourism-related spending contributing to the overall growth of Saint Joseph. For more detailed statistics and insights, you can visit the official tourism website at https://www.saintjosephmn.gov.

Total word count: 298 words.

Top Attractions

Saint Joseph, Minnesota, is a charming destination that offers a delightful mix of cultural, outdoor, and family-friendly attractions. Nestled near the scenic banks of the Sauk River, this small town is known for its welcoming atmosphere and vibrant community spirit. Visitors can explore the rich history of the area at the College of Saint Benedict, which features beautiful architecture and lush gardens. Additionally, the nearby Saint John’s Abbey is an architectural marvel that invites exploration. With a variety of experiences ranging from nature walks to cultural enrichment, Saint Joseph is an ideal spot for a day trip or a weekend getaway.

One of the top attractions in Saint Joseph is the College of Saint Benedict, a liberal arts college that boasts stunning grounds and a variety of art installations. Visitors can stroll through the beautiful campus and enjoy the serene environment. For those interested in spirituality and architecture, the Saint John’s Abbey is a must-see. This Benedictine monastery features a striking modern church designed by renowned architect Marcel Breuer, and visitors are welcome to explore the grounds and attend services. Families will enjoy the nearby Lake George, which offers opportunities for picnicking, fishing, and hiking along scenic trails. The official visitor guide (https://visit.austin.com) provides detailed information about these attractions and more. Whether you’re looking for a peaceful retreat or an educational experience, Saint Joseph attractions offer something for everyone to enjoy.

Regulations

Saint Joseph, Minnesota, has established specific regulations for short-term rentals to ensure community safety and compliance with local standards. Property owners looking to operate short-term rentals must obtain a license from the city, which involves submitting an application and paying the required fees. Additionally, short-term rental operators are subject to local lodging taxes, which are typically set at a rate determined by the city council. Compliance with zoning regulations is crucial, as certain areas may have restrictions on short-term rental operations. Safety requirements, including adherence to building codes and fire safety regulations, are also mandatory. Understanding these regulations is essential for property owners to avoid penalties and ensure a smooth rental process.

Key requirements for short-term rentals in Saint Joseph include obtaining a rental license, which is necessary for legal operation. The application process typically requires proof of insurance and compliance with local safety codes. Property owners must also be aware of the lodging tax obligations, which can vary, so checking with the city’s finance department is advisable for the most current rates and deadlines. Zoning restrictions may limit where short-term rentals can operate, often requiring properties to be located in designated areas. Violations of these regulations can result in fines or revocation of the rental license. For further details, property owners can refer to the official city website at https://www.stjosephmn.gov and the municipal code at https://library.municode.com/mn/saint_joseph/codes/code_of_ordinances. Understanding these Saint Joseph short-term rental regulations is vital for successful property management.

Vacation Rental Market Overview for Saint Joseph

Saint Joseph attracts visitors with its cultural attractions and historic sites and adventure sports and activities. 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.

Saint Joseph, Minnesota Market Performance Trends

LTM Avg. Daily Rate$175.00
LTM Occupancy Rate34.5%
LTM Avg. Revenue$1,618

Short-Term Rental Market Performance Analysis for Saint Joseph

The short-term rental market in Saint Joseph 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: year-round stability with consistent occupancy

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

Saint Joseph, Minnesota Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$335,517
  • Median List Price:$321,633

Current Inventory

  • Homes For Sale:28
  • New Listings:11

Detailed Market Analysis

The average home value in Saint Joseph, MN is $335,518, up 5.8% over the past year. Learn more about the Saint Joseph housing market and real estate trends.

Real Estate Market Analysis for Saint Joseph, Minnesota

The residential real estate market in Saint Joseph, 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 Saint Joseph, Minnesota benefit from balanced supply-demand dynamics and reasonable price points. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Saint Joseph, Minnesota Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:66.7% Booked
  • 4-6 Months:100% Booked
  • 7-9 Months:0% Booked
  • 10-12 Months:0% 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 Saint Joseph

Saint Joseph 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 structured minimum stays optimizing for weekly rentals. 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.

Saint Joseph, Minnesota Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Saint Joseph

    The vacation rental market in Saint Joseph 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 predominantly entire home rentals catering to families. 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

    Related Short-Term Rental Markets

    Explore 47 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.

    More Locations In Minnesota

    Related Short-Term Rental Markets

    Explore 47 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.

    Catagories

    Other Posts