What Airbnb listings in Stillwater and Lake Elmo 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.
Stillwater and Lake Elmo is one of 47 areas BNBCalc tracks in the Minneapolis, MN market. Over the past 12 months, regularly available listings here earned $37,808 on average, were booked for 50% of the nights they were open, and averaged $410 a night. The median gross yield, before expenses, is 11.8%.
Yearly revenue
$37,808
Occupancy
50%
Nightly rate
$410
Gross yield
11.8%
before expenses
Median of 44 listings
Active listings
48
Regularly available Airbnb listings in Stillwater and Lake Elmo earned an average of $37,808 over the past 12 months. That is 17% more than the Minneapolis, MN average of $32,275. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Stillwater and Lake Elmo were booked for an average of 50% of the nights they were open for booking over the past 12 months. That is 4 points lower than the Minneapolis, MN average of 54%. Nights a host blocked off don't count.
The average nightly rate in Stillwater and Lake Elmo was $410 over the past 12 months, including cleaning fees. That is 34% higher than the Minneapolis, MN average of $306.
For homes with a matched home value, the median room-revenue potential in Stillwater and Lake Elmo is $48,782 a year and the median gross yield is 11.8%. Gross yield is 0.1 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 profitabilityThree-bedroom homes have the highest gross yield in Stillwater and Lake Elmo, at 16.8%. 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 |
|---|---|---|
| 1 bedroom 16 listings | $26,491 Minneapolis, MN: $20,020 | 10.6% Minneapolis, MN: 15.0% |
| 2 bedrooms 13 listings | $30,405 Minneapolis, MN: $24,217 | 11.7% Minneapolis, MN: 10.6% |
| 3 bedrooms 14 listings | $46,031 Minneapolis, MN: $32,974 | 16.8% Minneapolis, MN: 10.8% |
| 4+ bedrooms 5 listings | $70,242 Minneapolis, MN: $51,828 | 16.6% 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 |
|---|---|---|---|---|
| Stillwater and Lake Elmo This area 48 listings | $37,808 | 50% | $410 | 11.8% |
| Minneapolis, MN market 2,253 listings | $32,275 | 54% | $306 | 11.9% |
| Woodbury and Maplewood 31 listings | $27,977 | 57% | $255 | 13.5% |
| White Bear Lake 32 listings | $29,364 | 51% | $288 | 10.6% |
| East Side Saint Paul 40 listings | $30,967 | 48% | $272 | 12.7% |
| Hudson and River Falls 31 listings | $40,888 | 48% | $378 | 11.3% |
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.
Loading map…
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 (48 in Stillwater and Lake Elmo). 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 Stillwater and Lake Elmo by bedroom count and performance level, see home prices, and browse its listings on the map.