Saint Paul, Minnesota

Saint Paul is a city of 307,465 residents and the capital of Minnesota. Short-term rental performance here is measured at the level of the Twin Cities STR market, which covers Saint Paul and Minneapolis together, so every performance figure on this page describes the Twin Cities STR market rather than Saint Paul alone. The data runs through September 2026. In that month the average daily rate across all listings was $179, occupancy was 64.9%, and the average listing earned $3,231 in monthly revenue. Against September 2025, occupancy is up 4.0%, ADR is up 0.2%, and revenue is up 10.5%. The gain came almost entirely from more booked nights, not from higher nightly prices. Entire homes reached an ADR of $205 in the latest month, which is well above the all-listings average because that average includes private rooms. For the first nine months of 2026, occupancy averaged 63.4%, ADR averaged $168, and monthly revenue averaged $2,991. The full year 2025 came in at 62.7% occupancy, a $169 ADR, and $2,983 in monthly revenue, while 2024 posted 61.6% occupancy, a $158 ADR, and $2,760. The best year on record in this series for occupancy was 2022 at 66.1%. Summing the twelve seasonal monthly averages gives annualized revenue of $30,031 per listing. Demand comes from a mix of leisure visitors, event and convention attendees, and sports crowds. The Xcel Energy Center and RiverCentre complex hosts NHL Minnesota Wild and PWHL Frost games, concerts, and conventions, and Ramsey County recorded $2.78 billion in leisure and hospitality related sales across 1,945 establishments in 2024. Winter Carnival and the nearby Minnesota State Fair add seasonal draws. Bedroom, channel, and listing-type counts are tracked at a shared regional level rather than uniquely for Saint Paul, so this profile omits them.