What Airbnb listings in Elk River and Big Lake earn, how often they're booked, and how that compares with the rest of Minneapolis, MN.
This area is part of the broader Minneapolis, MN rental market. The map below defines the area used for these figures; market boundaries may include neighboring cities and towns.
Elk River and Big Lake is one of 47 areas BNBCalc tracks in the Minneapolis, MN market. Over the past 12 months, regularly available listings here earned $29,702 on average, were booked for 47% of the nights they were open, and averaged $319 a night. The median gross yield, before expenses, is 9.8%.
Yearly revenue
$29,702
Occupancy
47%
Nightly rate
$319
Gross yield
9.8%
before expenses
Median of 23 listings
Active listings
27
Regularly available Airbnb listings in Elk River and Big Lake earned an average of $29,702 over the past 12 months. That is 8% less than the Minneapolis, MN average of $32,275. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Elk River and Big Lake were booked for an average of 47% of the nights they were open for booking over the past 12 months. That is 7 points lower than the Minneapolis, MN average of 54%. Nights a host blocked off don't count.
The average nightly rate in Elk River and Big Lake was $319 over the past 12 months, including cleaning fees. That is 4% higher than the Minneapolis, MN average of $306.
For homes with a matched home value, the median room-revenue potential in Elk River and Big Lake is $37,246 a year and the median gross yield is 9.8%. Gross yield is 2.1 points lower than the Minneapolis, 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 profitabilityTwo-bedroom homes have the highest gross yield in Elk River and Big Lake, at 11.1%. The table shows average yearly revenue and median gross yield for each home size, with the Minneapolis, MN figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 2 bedrooms 8 listings | $25,576 Minneapolis, MN: $24,217 | 11.1% Minneapolis, MN: 10.6% |
| 3 bedrooms 8 listings | $31,372 Minneapolis, MN: $32,974 | 11.0% Minneapolis, MN: 10.8% |
| 4+ bedrooms 11 listings | $31,490 Minneapolis, MN: $51,828 | 8.8% Minneapolis, MN: 11.9% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Elk River and Big Lake This area 27 listings | $29,702 | 47% | $319 | 9.8% |
| Minneapolis, MN market 2,253 listings | $32,275 | 54% | $306 | 11.9% |
| Maple Grove and Rogers 26 listings | $30,861 | 53% | $292 | 10.9% |
| Anoka and Northern River Country 36 listings | $31,077 | 51% | $310 | 10.4% |
| Plymouth and Western Hennepin Country 39 listings | $43,849 | 57% | $424 | 11.5% |
| Brooklyn Park and Robbinsdale 45 listings | $35,148 | 52% | $328 | 12.2% |
BNBCalc splits the Minneapolis, MN market into 47 areas drawn from local neighborhood and city boundaries, and counts each listing in the area that contains it.
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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.
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.
It is the average price per booked night over the past 12 months, including cleaning fees.
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.
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.
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 (27 in Elk River and Big Lake). 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.
These figures use BNBCalc's listing data as of October 6, 2026. They update when BNBCalc refreshes its market data each month.
The market page summarizes all of Minneapolis, 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.
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.
With BNBCalc Markets, compare Elk River and Big Lake by bedroom count and performance level, see home prices, and browse its listings on the map.