Market report

Duluth, MN short-term rental market report (2026)

St. Louis County, Minnesota. Rules, revenue, home values, demand, climate, reach and risk, each figure with its source.

33/100 Opportunity Score partial
  • RulesVery strict (5/5)
  • 4-BR typical value$364K
  • FEMA riskRelatively Moderate
  • Demand drivers within 50 mi1
  • People within 300 mi10.4 million
  • ClimateSki-plus-summer
Data as of September 21, 2026 County figures: St. Louis County

Everything STR HUB holds on Duluth, MN in one place, in the order an investor needs it: whether you can operate, what the numbers are, why and when people come, who can reach it, and what could go wrong.

Every figure comes from a named dataset listed under Sources and method, dated September 21, 2026. Where we do not hold a figure, that part of the report is left out rather than estimated. The Opportunity Score here is partial: it was calculated without revenue data, with the cash-flow component assumed to be below average, so it can understate the market.

Can you operate in Duluth?

5/5 Very strict

Duluth's short-term rental rules rate 5 out of 5 (Very strict), on a scale from 1 (relaxed) to 5 (very strict). This rating was derived from the regulation text we hold and has not yet been reviewed by a person. Treat it as provisional.

Short-term rental rules on file for Duluth, MN
RuleWhat we hold on file
JurisdictionCity of Duluth
Permit or licenceInterim Use Permit (Vacation Dwelling Unit) for non-owner-occupied properties, allocated via a lottery/eligibility-list system when the citywide cap is full; owner-occupied 'home-share' hosts have an uncapped, simpler registration path. Full operation additionally requires an annual rental license.
Permit feeInterim Use Permit application: $2,500. Full vacation-rental license fee: $1,600/year (raised from $621); a limited-use permit path (capped rental days per year) is $250/year.
Cap on rentalsCitywide cap on non-owner-occupied vacation dwelling permits, reported in the roughly 60-120 permit range and growing only slowly each year; the waitlist created by the most recent (2024) lottery is not expected to reopen for the foreseeable future.
Owner occupancyNot required for a licensed vacation rental generally, but owner-occupied 'home-share' hosting is a separate, effectively uncapped path, in contrast to the capped/lottery non-owner-occupied Interim Use Permit track.
Lodging and sales taxes6.875% Minnesota state sales tax + local Duluth lodging tax (rate not confirmed).
Status: As of the most recent city guidance, the Interim Use Permit waitlist has no opening expected in the foreseeable future — an investor buying property specifically to run a non-owner-occupied Duluth STR should assume no path to a new permit exists today.

Rules for Duluth last verified September 20, 2026. Rules change, and a city rating does not cover HOA or deed restrictions. Confirm current requirements with the jurisdiction before you buy or list.

Which way the rules are moving

Tightening. The rules we hold report a recent or pending change.

As of the most recent city guidance, the Interim Use Permit waitlist has no opening expected in the foreseeable future — an investor buying property specifically to run a non-owner-occupied Duluth STR should assume no path to a new permit exists today.

Classified from the regulation text we publish; a direction is only kept when the sentence it rests on appears word for word in that text.

The numbers

We have not verified revenue figures for this market yet.

Home values in St. Louis County

Typical 4-bedroom home
$364,363
Minnesota statewide: $441K
Typical home, all sizes
$257,492
Minnesota statewide: $351K
One-year change, all homes
+6.5%
Minnesota statewide: +2.5%

Zillow Home Value Index: county-wide typical values for St. Louis County, not list prices. A specific property can sit well above or below them.

What it costs to own

Effective property tax rate
1.03%
county median taxes paid divided by median home value, owner-occupied homes
Estimated annual tax, typical 4BR
$3,742
county effective rate times the typical 4-bedroom value; not a bill
Estimated annual tax, typical home
$2,644
county effective rate times the typical home value; not a bill
Expected annual hazard loss
$91
per $100,000 of building value (FEMA, county average); not an insurance premium

Screening figures, not a bill or a quote. The tax rate is a county-wide median for owner-occupied homes (U.S. Census Bureau, ACS 2018-2022); second homes and rentals are often taxed more heavily, and a purchase usually resets the assessed value. Expected annual loss is from the FEMA National Risk Index.

Housing market momentum

Momentum
Steady
score 60 of 100, relative to the other tracked markets

County-level, for-sale housing market: it says nothing directly about STR bookings. A relative ranking among tracked markets, not a forecast. Sources: Realtor.com Economic Research, U.S. Census Bureau, Zillow Home Value Index.

Why people come

One demand driver sits within 50 miles of Duluth. Ordered by published attendance. Attendance appears only where a source publishes it.

Landmarks

  • Split Rock Lighthouse
    museum landmark · Two Harbors, MN · 45 mi from Duluth
    When
    Summer and fall colour peak.
    Attendance
    160,000 (Wikipedia infobox: 160,000 visitors (undated).)
    STR angle
    The best-known landmark on Minnesota's North Shore is a standard stop on the Highway 61 drive, reinforcing a cabin market that runs from Duluth to Grand Marais. Lake Superior frontage and fall-colour weekends drive the rates; winter is quiet away from the ski hills.

When they come

Ski-plus-summer climate: at least three months bring six inches or more of snowfall, and May to September is comfortable. 5 of 12 months have an average high between 60°F and 88°F, and 6 months average six inches or more of snow. Warmest month: July (average high 79°F). Coldest: February (average low 6°F).

  1. Jan22°ColdSnow
  2. Feb22°ColdSnow
  3. Mar37°22°ColdSnow
  4. Apr46°31°CoolSnow
  5. May61°43°Comfortable
  6. Jun73°56°Comfortable
  7. Jul79°63°Comfortable
  8. Aug76°62°Comfortable
  9. Sep69°55°Comfortable
  10. Oct54°42°Cool
  11. Nov40°27°ColdSnow
  12. Dec29°16°ColdSnow
Monthly climate normals for Duluth, MN
MonthJanFebMarAprMayJunJulAugSepOctNovDec
Average high (°F)222237466173797669544029
Average low (°F)8622314356636255422716
Precipitation (in)1.21.32.13.43.12.53.83.23.92.61.93.1
Snowfall (in)8.28.19.68.01.90.00.00.00.02.06.215.4
Sunshine (hours a day)4.97.08.27.710.312.912.711.39.06.55.54.5

This is climate and events, not booking data. Monthly normals are 2019-2023 averages from the Open-Meteo Historical Weather API (ERA5 reanalysis) at the market pin. We do not hold monthly occupancy or rate data for this market.

Who can reach it

People within 150 miles
4.3 million
roughly a 2.5 to 3 hour drive
People within 300 miles
10.4 million
roughly a 5 hour drive

Largest counties within 150 miles

Largest counties by population within 150 miles of Duluth, MN
CountyPopulation
Hennepin County, MN1,270,787
Ramsey County, MN547,202
Anoka County, MN363,985

County populations (U.S. Census Bureau, ACS 2018-2022) summed for every county whose centre lies within each straight-line radius. Straight lines are shorter than roads, so read these as generous upper bounds, not drive-time counts.

What could go wrong

FEMA National Risk Index
Relatively Moderate
overall rating for St. Louis County
Risk score
91.6
of 100, a national percentile: higher means more risk than more U.S. counties
Highest-scoring hazards
Winter weather, River flooding
of the hazards we track for St. Louis County
FEMA National Risk Index hazard ratings for St. Louis County
HazardFEMA ratingScore (0-100)
Winter weatherVery High98.0
River floodingRelatively Moderate91.8
HailRelatively Moderate84.0
WildfireRelatively Low81.7
TornadoRelatively Low64.7
Coastal floodingVery Low35.0
EarthquakeVery Low3.2

This is a county-level index, not an insurance quote or a flood-zone determination. A coastal or wildfire-fringe rental can carry far more exposure than its county average suggests. FEMA does not model hurricane for this county, which is not the same as zero risk. Get property-level flood, wind and wildfire quotes before you buy.

Market context

Housing and jobs in St. Louis County

Vacation-home share
10.8%
Minnesota statewide: 5.2%
Homes with 4+ bedrooms
17.2%
Minnesota statewide: 28.9%
Jobs in tourism industries
10.4%
Minnesota statewide: 7.4%

U.S. Census Bureau, American Community Survey 2018-2022. Vacation-home share is housing units held for seasonal, recreational or occasional use. All three describe the whole county, not one town or neighbourhood.

What is within 15 km of the Duluth pin

Amenity score
78
of 100, relative to the other tracked markets
Restaurants, cafes and bars
181
Attractions
75
Outdoor features
498
Hotels, motels and resorts
54
competing lodging, not counted in the amenity score

Counts of features mapped in OpenStreetMap within 15 km of the market pin. A fixed radius favours dense metros, and map coverage varies by area.

Similar markets

The 4 tracked markets whose numbers sit closest to Duluth's. Each links to its own report.

Closest by normalised distance across the figures both markets hold (typical 4BR value, revenue, occupancy, regulation rating, vacation-home share, tourism job share, 4+ bedroom share, amenity score, population within 300 miles, comfortable months and FEMA risk score). At most 2 of the 4 come from Minnesota, so the list is not just the neighbours. Similar numbers do not mean similar rules: check each market's regulation section.

See Duluth on the map

Open Duluth on the National STR Map to see it against its neighbours, switch overlays and run the deal calculator on your own assumptions.

Duluth STR questions, answered from the data

Is Airbnb legal in Duluth?

STR HUB rates Duluth's short-term rental rules 5/5 (Very strict) on a scale from 1 (relaxed) to 5 (very strict). That rating was derived from the regulation text we hold and has not yet been reviewed by a person. Permit rule on file: Interim Use Permit (Vacation Dwelling Unit) for non-owner-occupied properties, allocated via a lottery/eligibility-list system when the citywide cap is full; owner-occupied 'home-share' hosts have an uncapped, simpler… Cap on file: Citywide cap on non-owner-occupied vacation dwelling permits, reported in the roughly 60-120 permit range and growing only slowly each year; the waitlist created by the most… Rules change, so confirm current requirements with the local jurisdiction before you buy or list.

How much does a 4-bedroom home cost in Duluth?

The typical 4-bedroom home in St. Louis County is valued at $364,363 (Zillow Home Value Index), and the typical home of any size at $257,492, with all-home values up 6.5% over the past year. These are county-wide typical values, not list prices.

What brings visitors to Duluth?

One demand driver sits within 50 miles of Duluth: Split Rock Lighthouse (160,000 published attendance). Attendance is shown only where a source publishes it, and each driver's source is linked in the report.

What natural hazards affect Duluth?

FEMA's National Risk Index rates St. Louis County "Relatively Moderate" overall, with a score of 91.6 out of 100 (a national percentile). The highest-scoring hazards we track there are winter weather and river flooding. It is a county-wide index, not an insurance quote or a flood-zone determination.

When is the weather best in Duluth?

5 of 12 months have an average high between 60°F and 88°F (May, June, July, August and September). Ski-plus-summer climate: at least three months bring six inches or more of snowfall, and May to September is comfortable. These are 2019-2023 climate normals, not booking data.

Sources and method

  • Regulation summary and strictness rating: STR Agent HUB regulation research (official source: duluthmn.gov).
  • Home values: Zillow Home Value Index (ZHVI), county level. Data provided by Zillow Group.
  • Housing, employment and population figures: U.S. Census Bureau, American Community Survey (ACS) 5-year estimates, 2018-2022.
  • Natural hazard risk: FEMA National Risk Index, county level.
  • Amenity counts: © OpenStreetMap contributors.
  • Climate normals: Open-Meteo Historical Weather API (CC BY 4.0), 2019-2023 averages.
  • Demand drivers: each entry links its own published source in the list above.

Figures come from the STR HUB national dataset dated September 21, 2026 and this page is regenerated whenever that dataset is rebuilt. County-level figures describe St. Louis County as a whole, not one street or neighbourhood. The Opportunity Score (0-100) is a screening heuristic that weighs revenue (35%), regulatory climate (25%), tourism employment (15%), nearby amenities (15%) and large-home supply (10%) relative to the other tracked markets.

Confirm before you act. Short-term rental rules change. Confirm current requirements with the jurisdiction, and work with a licensed local agent who knows which properties can legally operate. This report is screening data, not investment, legal or tax advice.

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