Duluth

As of May 2026, Duluth, Superior, Two Harbors have 739 active Airbnb and VRBO listings. This represents a 3% decrease from the previous year.

The average Airbnb or VRBO in Duluth generates $45K per year. High-performing properties earn $83K/year, while low-performing properties earn $22K/year. This wide earnings spread suggests that revenue potential is heavily concentrated in specific listings, highlighting a significant divergence in how effectively different properties capture the limited available demand.

Average home prices in Duluth vary by property size: 1-bedroom properties cost approximately $196K, 2-bedroom homes average $231K, 3-bedroom properties are around $318K, and 4+ bedroom homes average $384K. These prices reflect median home values across the Duluth, Superior, Two Harbors area.

Airbnb and VRBO can be profitable in Duluth, with an average gross yield of 16% across all properties. High-performing properties achieve yields up to 30%, which is considered top for short-term rental investment. The gap between average and top-tier yields points to a market where efficiency and asset selection heavily influence long-term financial viability.

The average occupancy rate for Airbnbs and VRBOs in Duluth is 35%. This occupancy level, combined with an average nightly rate of $290, results in a RevPAR (revenue per available room) of $88 per day.

4+ bedroom properties demonstrate the strongest performance in Duluth, with an average gross yield of 18% and annual revenue of $67K. These properties balance purchase price ($384K), operating costs, and rental demand most effectively in the Duluth market.

Short-term rental regulations vary by jurisdiction in the Duluth area. Duluth: Moderate. License required, safety inspections, owner-occupancy for some zones. Moderate enforcement with complaints. Superior: Lenient. Business license and zoning compliance required. Light enforcement, primarily complaint-driven. Two Harbors: Lenient. Basic business license needed, minimal restrictions. Very light enforcement, small-town approach. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Duluth Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 3% year-over-year, while RevPAR has decreased 21%. This indicates balanced supply-demand dynamics. While the reduction in supply suggests a stabilization of inventory, the concurrent drop in revenue per listing reflects a softer overall demand environment.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 48% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (April-February) when gaining traction is harder.

The most common amenities in Duluth listings include: Kitchen (98%), Tv (93%), Air Conditioning (90%), Washing Machine (71%), Heating (68%). Amenities that boost revenue the most include Hot Tub, Sauna, Washing Machine, with Hot Tub properties earning approximately 52% more ($78K/year vs $51K/year).

Monthly estimated revenue per listing in Duluth over the last 12 months: May: $2K, June: $4K, July: $5K, August: $4K, September: $3K, October: $3K, November: $2K, December: $3K, January: $2K, February: $2K, March: $2K, April: $2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Duluth is $290, up 15% year-over-year. By property size: 1-bedroom properties average $194/night, 2-bedroom properties average $256/night, 3-bedroom properties average $335/night, 4+ bedroom properties average $500/night. Rates peak in July and are lowest in April.

Guests in Duluth book an average of 36 days in advance, down 18% from last year. By property size: 1-bedroom: 29 days, 2-bedroom: 36 days, 3-bedroom: 38 days, 4+ bedroom: 46 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Duluth Airbnb and VRBO market has seen the following changes: supply declined 3%, revenue per listing decreased 21%, occupancy fell 16%, average nightly rates increased 15%, and lead time decreased 18%. These metrics suggest a market shifting toward shorter booking windows and increased price sensitivity, even as nightly rates rise.

In Duluth, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 94% higher occupancy than weekdays.