Willmar, Minnesota Short-Term Rental Market Overview

Population: Still gathering data
Annual Visitors: Still gathering data
Total STRs: 43
ADR: $172.15

Visitor Profile

Willmar, Minnesota, attracts a diverse range of visitors each year, contributing significantly to the local economy. While specific annual visitor numbers are not readily available, the city’s tourism sector plays a crucial role in supporting local businesses and generating revenue. Key demographic highlights indicate that visitors primarily include families, outdoor enthusiasts, and those attending local events. The primary purposes for visiting Willmar encompass leisure activities, business travel, and participation in community events. The economic impact of tourism is notable, with local businesses benefiting from increased foot traffic and spending.

In terms of visitor analysis, the Willmar Lakes Area Convention and Visitors Bureau reports that the region is a popular destination for outdoor activities, particularly fishing and hiking, attracting visitors from surrounding areas. The primary demographics include families with children, couples, and retirees, with a balanced mix of both in-state and out-of-state travelers. Main reasons for visiting include local festivals, such as the Kandiyohi County Fair, and recreational activities centered around the area’s lakes and parks. The average length of stay for visitors is estimated to be around two to three days, with peak seasons occurring during the summer months when outdoor activities are at their height. According to the tourism bureau (https://www.cvent.com/venues/willmar/cvb/willmar-lakes-area-convention-and-visitors-bureau/venue-ae4908d4-03e0-446e-b0a1-64282ad0ae2d), the influx of visitors during these peak times significantly boosts local hospitality services. For more insights on attractions and activities, visit AARP’s guide on things to do in Willmar (https://local.aarp.org/willmar-mn/things-to-do/). Overall, Willmar’s tourism statistics reflect a vibrant community that thrives on its visitor demographics and seasonal activities.

Top Attractions

Willmar, Minnesota, is a charming city that offers a delightful mix of outdoor adventures, cultural experiences, and family-friendly activities, making it an ideal destination for visitors of all ages. Among the top attractions, the beautiful Robbins Island Park stands out with its scenic walking trails and picnic areas, perfect for a leisurely day outdoors. The Willmar Historical Society provides a glimpse into the area’s rich history, showcasing artifacts and exhibits that tell the story of this vibrant community. Whether you are looking to explore nature or delve into local culture, Willmar attractions promise a variety of experiences that will leave lasting memories.

One of the must-visit spots in Willmar is Robbins Island Park, a sprawling green space that features playgrounds, sports facilities, and picturesque views of the lake. This park is perfect for families looking to enjoy a day of fun and relaxation. For those interested in history, the Willmar Historical Society offers engaging exhibits that highlight the city’s past, making it a great educational stop. Another notable attraction is the Kandiyohi County Historical Society, which houses a wealth of information about the region’s heritage and hosts various permanent displays. Art enthusiasts will appreciate the Willmar Arts Council, which promotes local artists and organizes various art-related activities throughout the year. To discover more about the best things to do in Willmar, visit the official visitor guide at AARP (https://local.aarp.org/willmar-mn/things-to-do/) and explore additional attractions at Tourist Secrets (https://www.touristsecrets.com/destinations/united-states/minnesota/30-must-visit-places-in-willmar/). With so much to offer, Willmar is a hidden gem waiting to be explored.

Regulations

Willmar, Minnesota, has established specific regulations for short-term rentals to ensure safety, compliance, and community standards. Property owners interested in renting their homes or units on a short-term basis must first obtain a rental license from the City of Willmar. This licensing process includes submitting an application and paying the required fees. Additionally, short-term rental operators are subject to local lodging taxes, which currently stand at 3% of the rental income. Compliance with zoning regulations is also crucial, as certain areas may have restrictions on short-term rentals. Understanding these regulations is essential for property owners to avoid penalties and ensure a successful rental experience.

Key requirements for short-term rentals in Willmar include obtaining a rental license from the city, which is mandatory for all operators. The application process involves providing details about the property and paying the associated fees. Property owners must also adhere to a lodging tax of 3%, which is due quarterly. Zoning restrictions may apply, so it is important to verify whether your property is located in an area that permits short-term rentals. Safety requirements, such as smoke detectors and fire extinguishers, must be met to ensure guest safety. Violations of these regulations can result in fines or revocation of the rental license. For more information on the licensing process, visit the City of Willmar’s official website at https://www.willmarmn.gov/. You can also find additional resources regarding local governance and zoning at https://www.willmarmn.gov/departments/administration/index.php.

Total word count: 300 words.

Vacation Rental Market Overview for Willmar

Willmar attracts visitors with its cultural attractions and historic sites and family-friendly attractions. 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.

Willmar, Minnesota Market Performance Trends

LTM Avg. Daily Rate$175.00
LTM Occupancy Rate52.6%
LTM Avg. Revenue$1,882

Short-Term Rental Market Performance Analysis for Willmar

The short-term rental market in Willmar 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: mature market with optimized pricing patterns

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

Willmar, Minnesota Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$242,236
  • Median List Price:$271,000

Current Inventory

  • Homes For Sale:91
  • New Listings:34

Detailed Market Analysis

The average home value in Willmar, MN is $242,236, up 3.7% over the past year. Learn more about the Willmar housing market and real estate trends.

Real Estate Market Analysis for Willmar, Minnesota

The residential real estate market in Willmar, Minnesota presents unique opportunities for investors and homebuyers alike. Current market dynamics show affordable housing options with growth potential with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: proximity to major employment centers, quality school districts, and developing infrastructure These factors contribute to the overall market performance and future growth potential.

Real estate investments in Willmar, Minnesota benefit from growing rental market potential and investment opportunities. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Willmar, Minnesota Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:65.2% Booked
  • 4-6 Months:47.6% Booked
  • 7-9 Months:33.3% 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 Willmar

Willmar 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 balanced approach between flexibility and stability. 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.

Willmar, 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 Willmar

    The vacation rental market in Willmar 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 concentration in 2-3 bedroom properties ideal for small groups. 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