Hibbing, MN
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Overview
Annual Rev
$33.5k
12 mo avg
↑7%
from prior 12 mo
Occupancy rate
30%
12 mo avg
↓2%
from prior 12 mo
Avg daily rate
$276
12 mo avg
↑13%
from prior 12 mo
Lead time
37 days
12 mo avg
↓7 days
from prior 12 mo
Revpar
$61
12 mo avg
↓11%
from prior 12 mo
Methodology note: Figures reflect Hibbing market data as of September 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Performance metrics by bedroom
Bedrooms
Annual Rev
Avg. Zestimate
Gross yield
Supply
Amenity revenue impact
| Amenity | Est. revenue impact |
|---|---|
| Sauna | +23% $7,715/yr |
| Hot Tub | 🔒 +2•% · $••••/yr Revenue lift and listing count available in Markets |
| EV Charger | 🔒 +8% · $••••/yr Revenue lift and listing count available in Markets |
| TV | 🔒 +8% · $••••/yr Revenue lift and listing count available in Markets |
| Lake Access | 🔒 +6% · $••••/yr Revenue lift and listing count available in Markets |
| Heating | 🔒 +5% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Gym | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Pool | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Bicycles | 🔒 +2% · $•••/yr Revenue lift and listing count available in Markets |
| Internet | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Occupancy rate by day of week
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
3 bedrooms (7.3 nights)
1 bedroom (6.7 nights)
2 bedrooms (6.6 nights)
4+ bedrooms (6.6 nights)
Cleaning fee by bedroom
4+ bedrooms ($180)
3 bedrooms ($128)
2 bedrooms ($84)
1 bedroom ($55)
Professional host share
Professionally managed (65%)
Independent hosts (35%)
Housing market signals
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Over the 12 months ending August 2026, the Hibbing market averaged 1,069 active Airbnb and VRBO listings, up 7% from a year earlier and up 104% over two years.
An average Hibbing listing earns $29K/year. High-performing listings earn $54K, while low-performing listings earn $15K.
Median Hibbing home prices by size are 1-bedroom $147K, 2-bedroom $256K, 3-bedroom $298K, and 4+ bedroom $361K.
Average gross yield is 11%, reaching 21% for high-performing listings. Gross yield excludes financing and operating costs, so net profitability varies by property.
Average occupancy in Hibbing is 29%, producing RevPAR of $54 per available night.
4+ bedroom listings have the highest average gross yield at 11%. They average $41K/year in revenue against a $361K median purchase price.
Rules vary across Hibbing. Hibbing: Lenient. No specific STR regulations identified. Operates under standard business licensing and zoning. Minimal enforcement activity. Duluth: Moderate. Business license required, zoning compliance, safety inspections. Owner-occupancy required in some residential zones. Moderate enforcement with complaint-driven action. Bemidji: Lenient. Basic business license and lodging tax collection required. No owner-occupancy rules or density caps. Light enforcement, mostly tax-focused. Verify requirements for the property's jurisdiction.
The Hibbing Airbnb and VRBO market appears broadly balanced. Supply has grown 7% year-over-year, while RevPAR has decreased 4%, showing no clear supply-demand imbalance.
RevPAR is highest in July and August; it is lowest in March and April.
The most common amenities are Parking (96%), Kitchen (94%), Heating (92%). The strongest positive revenue associations are Sauna (+57%), Washing Machine (+55%), Lake Access (+44%).
Average daily rate in Hibbing is $283, up 11% year-over-year. Rates peak in July and are lowest in April.
Guests in Hibbing book an average of 38 days in advance, down 7% from last year. Booking windows range from 34 days for 1-bedroom listings to 45 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Tuesday. Weekend occupancy is 43% higher than weekday occupancy.