Park Rapids and Western Lakes, Hibbing Airbnb revenue and occupancy data
What Airbnb listings in Park Rapids and Western Lakes earn, how often they're booked, and how that compares with the rest of Hibbing, MN.
Over the past 12 months, regularly available listings in Park Rapids and Western Lakes earned $20,941 on average, were booked for 48% of the nights they were open, and averaged $309 a night. The median gross yield, before expenses, is 10.1%.
Yearly revenue
$20,941
Occupancy
48%
Nightly rate
$309
Gross yield
10.1%
before expenses
Median of 104 listings
Active listings
135
My take on Park Rapids and Western Lakes
Park Rapids and Western Lakes shows a meaningful difference by bedroom count. Two-bedroom listings averaged $15,365 in trailing-year booking revenue, below the wider market’s $18,929. Three-bedroom listings averaged $25,554, close to the market’s $24,901.
The area-wide average of $20,941 can help narrow a search, but it blends different property sizes. For a purchase, the more useful comparison is with listings of the same bedroom count, followed by a check of the property’s price and costs.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Park Rapids and Western Lakes?
Regularly available Airbnb listings in Park Rapids and Western Lakes earned an average of $20,941 over the past 12 months. That is 11% less than the Hibbing, MN average of $23,622. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Park Rapids and Western Lakes?
Listings in Park Rapids and Western Lakes were booked for an average of 48% of the nights they were open for booking over the past 12 months. That is 2 points lower than the Hibbing, MN average of 50%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Park Rapids and Western Lakes?
The average nightly rate in Park Rapids and Western Lakes was $309 over the past 12 months, including cleaning fees. That is 3% higher than the Hibbing, MN average of $301.
Is an Airbnb in Park Rapids and Western Lakes profitable?
For homes with a matched home value, the median room-revenue potential in Park Rapids and Western Lakes is $33,651 a year and the median gross yield is 10.1%. Gross yield is 3.3 points lower than the Hibbing, MN median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityHow much do Airbnb hosts make in Park Rapids and Western Lakes by bedroom count?
Homes with four or more bedrooms have the highest gross yield in Park Rapids and Western Lakes, at 14.3%. The table shows average yearly revenue and median gross yield for each home size, with the Hibbing, MN figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 21 listings | $14,412 Hibbing, MN: $17,286 | 9.9% Hibbing, MN: 14.7% |
| 2 bedrooms 62 listings | $15,365 Hibbing, MN: $18,929 | 8.5% Hibbing, MN: 13.3% |
| 3 bedrooms 26 listings | $25,554 Hibbing, MN: $24,901 | 13.7% Hibbing, MN: 13.0% |
| 4+ bedrooms 24 listings | $36,850 Hibbing, MN: $38,034 | 14.3% Hibbing, MN: 13.7% |
How does Park Rapids and Western Lakes compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Park Rapids and Western Lakes This area 135 listings | $20,941 | 48% | $309 | 10.1% |
| Hibbing, MN market 682 listings | $23,622 | 50% | $301 | 13.4% |
| Walker and Leech Lake Country 46 listings | $25,728 | 45% | $359 | 12.5% |
| Bemidji and Bagley Country 76 listings | $22,980 | 48% | $267 | 13.7% |
| Longville, Hill City and Southern Cass Lakes 105 listings | $25,329 | 50% | $318 | 10.6% |
| Marcell and Northern Itasca 65 listings | $23,839 | 51% | $295 | 11.3% |
Where is Park Rapids and Western Lakes?
The Hibbing, MN market includes 11 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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About these figures
How is yearly revenue measured?
It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
How is occupancy measured?
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
What is gross yield?
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Which listings are included?
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (135 in Park Rapids and Western Lakes). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
How current is this data?
Figures are current as of November 2, 2026 and refresh monthly.
Why are these figures different from the Hibbing, MN market page?
The market page summarizes all of Hibbing, MN from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
What can't these figures tell me?
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
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Go deeper on Park Rapids and Western Lakes
With BNBCalc Markets, compare Park Rapids and Western Lakes by bedroom count and performance level, see home prices, and browse its listings on the map.