Hovland and Northeastern Shore Country, Tofte Airbnb revenue and occupancy data
What Airbnb listings in Hovland and Northeastern Shore Country 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 Hovland and Northeastern Shore Country earned $41,629 on average, were booked for 55% of the nights they were open, and averaged $378 a night. The median gross yield, before expenses, is 13.0%.
Yearly revenue
$41,629
Occupancy
55%
Nightly rate
$378
Gross yield
13.0%
before expenses
Median of 23 listings
Active listings
34
My take on Hovland and Northeastern Shore Country
Hovland and Northeastern Shore Country has higher median annual room-revenue potential than Tofte, MN: $47,972 versus $43,348. Yet its median potential gross yield is slightly lower, at 13.0% versus 13.7%. Higher potential revenue alone doesn't establish a better return for a buyer.
That yield is based on annual revenue potential, not the average trailing-year booking revenue of $41,629. It is before expenses, financing and taxes; a property's purchase price and comparable rentals still matter.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Hovland and Northeastern Shore Country?
Regularly available Airbnb listings in Hovland and Northeastern Shore Country earned an average of $41,629 over the past 12 months. That is 3% more than the Tofte, MN average of $40,585. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Hovland and Northeastern Shore Country?
Listings in Hovland and Northeastern Shore Country were booked for an average of 55% of the nights they were open for booking over the past 12 months. That is 1 points higher than the Tofte, MN average of 54%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Hovland and Northeastern Shore Country?
The average nightly rate in Hovland and Northeastern Shore Country was $378 over the past 12 months, including cleaning fees. That is 10% lower than the Tofte, MN average of $419.
Is an Airbnb in Hovland and Northeastern Shore Country profitable?
For homes with a matched home value, the median room-revenue potential in Hovland and Northeastern Shore Country is $47,972 a year and the median gross yield is 13.0%. Gross yield is 0.7 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 profitabilityHow does Hovland and Northeastern Shore Country 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 |
|---|---|---|---|---|
| Hovland and Northeastern Shore Country This area 34 listings | $41,629 | 55% | $378 | 13.0% |
| Tofte, MN market 796 listings | $40,585 | 54% | $419 | 13.7% |
| Grand Marais Town 64 listings | $34,185 | 57% | $342 | 11.4% |
| Grand Marais Outskirts and Devil Track 31 listings | $41,997 | 57% | $427 | 13.1% |
| Gunflint Trail Lake Country 42 listings | $41,755 | 62% | $411 | 13.3% |
| Ely Town 44 listings | $26,481 | 44% | $281 | 8.0% |
Where is Hovland and Northeastern Shore Country?
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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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 (34 in Hovland and Northeastern Shore Country). 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 Tofte, MN market page?
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.
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.
Related guides
Go deeper on Hovland and Northeastern Shore Country
With BNBCalc Markets, compare Hovland and Northeastern Shore Country by bedroom count and performance level, see home prices, and browse its listings on the map.