What Airbnb listings in Grand Marais Town earn, how often they're booked, and how that compares with the rest of Tofte, MN.

Over the past 12 months, regularly available listings in Grand Marais Town earned $34,185 on average, were booked for 57% of the nights they were open, and averaged $342 a night. The median gross yield, before expenses, is 11.4%.
Yearly revenue
$34,185
Occupancy
57%
Nightly rate
$342
Gross yield
11.4%
before expenses
Median of 57 listings
Active listings
64
Grand Marais Town booked a higher share of available nights than the wider Tofte, MN market, but its average trailing-year revenue was lower. Occupancy was 57% versus 54%, while revenue averaged $34,185 versus $40,585.
The area's average nightly rate was also lower, at $342. Higher occupancy is not enough to support a higher revenue estimate. The share of available nights booked and the rates those nights command need to be considered together.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
Regularly available Airbnb listings in Grand Marais Town earned an average of $34,185 over the past 12 months. That is 16% less than the Tofte, MN average of $40,585. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Grand Marais Town were booked for an average of 57% of the nights they were open for booking over the past 12 months. That is 3 points higher than the Tofte, MN average of 54%. Nights a host blocked off don't count.
The average nightly rate in Grand Marais Town was $342 over the past 12 months, including cleaning fees. That is 18% lower than the Tofte, MN average of $419.
For homes with a matched home value, the median room-revenue potential in Grand Marais Town is $43,834 a year and the median gross yield is 11.4%. Gross yield is 2.3 points lower than the Tofte, 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 Grand Marais Town, at 12.0%. The table shows average yearly revenue and median gross yield for each home size, with the Tofte, MN figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| Studio 5 listings | $22,367 Tofte, MN: $30,047 | – |
| 1 bedroom 20 listings | $26,495 Tofte, MN: $29,153 | 11.3% Tofte, MN: 14.6% |
| 2 bedrooms 26 listings | $39,109 Tofte, MN: $33,600 | 12.0% Tofte, MN: 12.0% |
| 3 bedrooms 13 listings | $40,712 Tofte, MN: $48,715 | 11.1% Tofte, MN: 15.9% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Grand Marais Town This area 64 listings | $34,185 | 57% | $342 | 11.4% |
| Tofte, MN market 796 listings | $40,585 | 54% | $419 | 13.7% |
| Grand Marais Outskirts and Devil Track 31 listings | $41,997 | 57% | $427 | 13.1% |
| Hovland and Northeastern Shore Country 34 listings | $41,629 | 55% | $378 | 13.0% |
| Gunflint Trail Lake Country 42 listings | $41,755 | 62% | $411 | 13.3% |
| Two Harbors Coast and Inland Country 54 listings | $40,298 | 52% | $412 | 19.9% |
The Tofte, MN market includes 16 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing 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 (64 in Grand Marais Town). 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.
Figures are current as of November 2, 2026 and refresh monthly.
The market page summarizes all of Tofte, 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 Grand Marais Town by bedroom count and performance level, see home prices, and browse its listings on the map.