Question 1

How many Airbnb and VRBO listings are in Hibbing?

Accepted Answer

Over the 12 months ending September 2026, the Hibbing market averaged 1,083 active Airbnb and VRBO listings, up 8% from a year earlier and up 107% over two years.

Question 2

How much do Airbnbs and VRBOs make in Hibbing?

Accepted Answer

An average Hibbing listing earns $29K/year. High-performing listings earn $54K, while low-performing listings earn $15K.

Question 3

How much does it cost to buy an Airbnb or VRBO property in Hibbing?

Accepted Answer

Median Hibbing home prices by size are 1-bedroom $146K, 2-bedroom $249K, 3-bedroom $294K, and 4+ bedroom $355K.

Question 4

What is the occupancy rate for Airbnb and VRBO in Hibbing?

Accepted Answer

Average occupancy in Hibbing is 29%, producing RevPAR of $57 per available night.

Question 5

Are short-term rentals legal in Hibbing?

Accepted Answer

Rules vary across Hibbing. Hibbing: Lenient. No specific STR regulations or licensing requirements. Minimal oversight, operates under general zoning and business rules.
Duluth: Moderate. License required, inspections mandatory, owner-occupancy required for Type 1 (hosted). No density caps. Moderate enforcement through complaint-driven system.
Bemidji: Lenient. Business license required, zoning compliance needed. No specific STR ordinance or owner-occupancy rules. Light enforcement, mainly complaint-based. Verify requirements for the property's jurisdiction.

Question 6

Is the Hibbing Airbnb and VRBO market oversaturated?

Accepted Answer

The Hibbing Airbnb and VRBO market appears broadly balanced. Supply has grown 8% year-over-year, while RevPAR has increased 5%, showing no clear supply-demand imbalance.

Question 7

When is peak season for Airbnbs and VRBOs in Hibbing?

Accepted Answer

RevPAR is highest in July and August; it is lowest in March and April.

Question 8

Which Airbnb and VRBO amenities matter most in Hibbing?

Accepted Answer

The most common amenities are Parking (98%), Kitchen (95%), Heating (94%). The strongest positive revenue associations are Washing Machine (+51%), Sauna (+47%), TV (+41%).

Question 9

What is the average nightly rate for Airbnbs and VRBOs in Hibbing?

Accepted Answer

Average daily rate in Hibbing is $286, up 12% year-over-year. Rates peak in July and are lowest in April.

Question 10

How far in advance do guests book Airbnb and VRBO stays in Hibbing?

Accepted Answer

Guests in Hibbing book an average of 39 days in advance. Booking windows range from 35 days for 1-bedroom listings to 46 days for 4+ bedroom listings.

Question 11

Which days of the week perform best for Airbnbs and VRBOs in Hibbing?

Accepted Answer

Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Tuesday. Weekend occupancy is 45% higher than weekday occupancy.

Question 12

How is gross yield calculated?

Accepted Answer

For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.

Neighborhood	Revenue (potential)	Gross yield
1.Hibbing, Chisholm and Western Iron Range	$27.4K 39 listings	20.0% 39 listings
2.Lake Vermilion, Cook and Orr Country	$48.0K 31 listings	15.5% 31 listings
3.Grand Rapids, Deer River and Pokegama Lake Country	$41.3K 60 listings	14.3% 60 listings
4.Bemidji and Bagley Country	$37.7K 64 listings	13.7% 64 listings
5.Walker and Leech Lake Country	$36.3K 22 listings	12.5% 22 listings
6.Marcell and Northern Itasca	$29.7K 20 listings	11.3% 20 listings
7.Longville, Hill City and Southern Cass Lakes	$38.2K 74 listings	10.6% 74 listings
8.Park Rapids and Western Lakes	$33.7K 104 listings	10.1% 104 listings