Short Term Rental Demand in Saint Paul: The Time to Invest is Now

If you have been considering investing in real estate, especially in short-term leasing opportunities in the St. Paul area of Minnesota – the time to invest is now as all signs point towards outstanding ROI when one considers the demand in the market at this point in time.

For starters, let’s look at this objectively. 

The occupancy rate in Saint Paul is currently at about 67%, suggesting that over a quarter of the properties/units in the area are available for purchase, in-turn providing you with several routes towards short-term leasing. Additionally, there are over 877 “live” units awaiting your investment in the area, as well. For further added value, we cannot forget how the average YOY growth rate since 2016 in this city is at an impressive 20%. The numbers don’t lie – the time to invest in STR units is now.

To make this promising urban market even more appealing, there are a variety of subjective factors adding value to Saint Paul, as well! In downtown Saint Paul alone, we have the Capital of Minnesota, the concert and athletic crown jewel of the state we all know and love (the Xcel Energy Center, which has events literally every weekend of the year, from hockey to country music concerts). Furthermore, those described attractions are also joined by some of the best restaurants, bars, and historical markers in Minnesota as a whole. With a commendable transit system in place, as well, living in St. Paul doesn’t just limit a short-term lessee to that city alone – but the entire Twin Cities due to things like the Blue & Green Line Trains going from the heart of the East Twin City to the neighboring sister town of Minneapolis, or even the Mall of America. 

There is an immense amount of objective as well as subjective value when we consider investing in the Saint Paul Area, especially with STL in mind – and as we’ve reviewed here, what’s stopping you? The time is now. Some market Indicators include:  Occupancy: 67%, Live Units: 877, Avg Year over year growth since 2016: 20%

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