Airbnb & VRBO Performance in Minot North Dakota.

Short-Term Rental Regulations in Minot, North Dakota for 2024

State and Local Requirements

Definition of Short-Term Rental

• A short-term rental is defined as any lodging provided for less than 30 consecutive days.

Tax Obligations

• Hosts are responsible for collecting, filing, and remitting lodging taxes to North Dakota tax authorities. However, some platforms like Airbnb may handle these tax burdens on behalf of the hosts.

Registration

• Hosts must register with the North Dakota Office of State Tax Commissioner to obtain the necessary credentials for tax collection.

Local Permits and Licenses

• In addition to state registration, hosts must comply with local ordinances and secure any required permits or licenses specific to their area in Minot.

Zoning and Community Regulations

• Hosts must ensure compliance with local zoning laws and any community or homeowner association regulations.

Notice and Entry

• While primarily relevant to long-term rentals, it's important to note that reasonable notice must be given before entering a rental property, although the definition of "reasonable" is not specified.

Additional Considerations

Fair Housing Laws

• Discrimination in the sale or rental of housing is illegal under North Dakota's fair housing laws, which are enforced by the North Dakota Department of Labor—Division of Human Rights.

Compliance with Local Market Conditions

• Understanding the local housing market conditions in Minot, including economic drivers and housing needs, can help hosts navigate the regulatory landscape more effectively.

Best Practices

Maintenance and Repairs

• While not specific to short-term rentals, maintaining the property and addressing repair needs promptly can help in avoiding potential legal issues and ensuring a positive hosting experience.

Marketing and Tenant Attraction

• Utilizing multiple marketing platforms and offering flexible lease terms can help attract a broader range of tenants.

By adhering to these regulations and considerations, hosts in Minot, North Dakota can ensure they are operating their short-term rental properties in compliance with both state and local laws.

Top Neighborhoods for Airbnb Revenue in Minot, North Dakota

1. Historic Minot

• Appeal: This area is highly rated for its walkability, with a Walkscore of 78 out of 100. Guests praise its convenient location close to Minot State University and Main Street, making it ideal for those who want to explore the city's unique attractions.

2. Central Minot (Downtown Area)

• Appeal: Rentals in this area, such as those at Oliver’s Landing, are favored for their downtown location. Guests can easily access convenience stores, restaurants, wine bars, and beer pubs without needing to use their cars. The central location makes it perfect for those who want to be in the heart of the city.

3. Neighborhoods Near Roosevelt Park Zoo

• Appeal: Homes located near the Roosevelt Park Zoo, such as the Minot Family Home, are popular due to their central location and unique amenities like breakfast views of the tiger exhibit. These homes are also close to Trinity Hospital and Minot AFB, making them ideal for travel nurses and airforce families.

4. Newer Neighborhoods Off the Bypass

• Appeal: Areas with brand new construction, such as homes with heated garages, are appealing due to their modern amenities and central location. These homes offer easy access to all parts of Minot and the air base, making them convenient for both short and long-term stays.

5. Scandinavia Park Area

• Appeal: Homes in this area are praised for their proximity to Scandinavia Park, as well as to restaurants, cafes, gas stations, and schools. The convenient location and newly remodeled homes with full kitchens and free Wi-Fi make this area highly attractive to guests.

These neighborhoods are highly sought after due to their combination of central locations, modern amenities, and ease of access to key attractions and services in Minot.

Furnishing and Design Tips for an Inviting Airbnb in Minot, North Dakota

Defining Your Property's Aesthetic

• Tailor your property's aesthetic to reflect Minot's unique style, which often blends Midwestern comfort with modern amenities. Consider the local culture and the preferences of your target guests.

Bedroom Furnishings

• Bed and Headboard: Use an upholstered bed with a nice headboard to create a warm and cozy atmosphere. Avoid storage beds to minimize operational hassles.
• Mattress: Choose a mattress that is at least 8” thick, preferably a memory foam mattress for durability and comfort.
• Dresser and Nightstand: Include a dresser or chest of drawers and a nightstand or side table for practical storage and convenience.
• Lighting: Ensure ample lighting with floor lamps and table lamps, which can also serve as design features.

Bedding and Linens

• Use a consistent set of white bedding, including pillowcases, bed sheets, flat sheet, and duvet, to create a clean and inviting look. Avoid mixing and matching different brands to maintain uniformity.

Arts and Rugs

• Add color and pattern to the room with art pieces and an area rug. A thick rug can keep guests' feet warm and add a luxury touch.

Living Essentials

• Seating and Furniture: Include laptop-friendly seating and modern furniture to cater to both leisure and business travelers.
• Lighting and Decor: Use lamps and decorative items to enhance the living area. Adding plants can liven up the space.

Kitchen Essentials

• Provide a fully-equipped kitchen with necessary items such as plates, bowls, cups, glasses, utensils, cutleries, can opener, pots, pans, cooking utensils, and appliances like a toaster and kettle.

Bathroom Essentials

• Ensure the bathroom is well-stocked with hair dryer, bath towels, hand towels, hand soap, shampoo, conditioner, body wash, toothpaste, mouthwash, disposable toothbrushes, and extra toilet paper.

Additional Amenities

• Offer universal phone chargers, outlet converters for international guests, flip flops or slippers, bathrobes, a yoga mat, a speaker for music, and a Chromecast for entertainment.
• Include an iron and ironing board or steamer, hangers for each closet, and a trash can in each room for convenience.

Protecting Your Furniture

• Use mattress cases to protect the mattress from bugs and dirt. Consider durable and easy-to-clean furniture to minimize maintenance.

Budgeting and Splurging

• Set a budget and prioritize spending on statement pieces such as couches, coffee tables, and dining room tables. These items define the space and are worth the investment.

Local Touches

• Incorporate elements that reflect Minot's culture and location, such as local artwork or decorative items that highlight the city's history and charm. This can make the space feel more authentic and welcoming to guests.

Discovering Minot, North Dakota: Local Attractions and Insider Tips for Airbnb Hosts

Top Local Attractions

1. Roosevelt Park Zoo

• Home to over 200 species of animals, including Amur tigers and African lions. Interactive displays make it a great spot for families.

2. Scandinavian Heritage Park

• Explore Minot’s Scandinavian heritage with the iconic Gol Stave Church replica, statues, gardens, and cultural exhibits.

3. Dakota Territory Air Museum

• A must-visit for aviation enthusiasts, featuring vintage aircraft like the B-25 Mitchell bomber and C-47 Skytrain.

4. Minot State University

• Stroll through the scenic campus, visit the Gordon B. Olson Library, or catch a theatrical production at the Aleshire Theater.

5. Minot Railroad Museum

• Located in the historic Soo Line Depot, this museum showcases the rich railroad history of Minot with artifacts and model trains.

6. Taube Museum of Art

• Delve into the local art scene with diverse exhibits featuring regional, national, and international artwork.

7. Magic City Discovery Center

• An interactive museum perfect for families, offering educational exhibits and hands-on activities.

8. Upper Souris National Wildlife Refuge

• Enjoy nature with the Upper Souris Auto Tour and the Oxbow Nature Trail, ideal for peaceful walks and picnics.

9. Oak Park

• A 22-acre park with walking trails, a scenic pond, and a playground. Don’t miss the Summer Nites events in downtown Minot.

10. North Dakota State Fair

- Held annually in July, this fair celebrates North Dakota’s agricultural heritage with rides, live entertainment, and fair food.

Insider Tips

Dining

• Guilty Sweets: Known for Instagram-worthy backdrops and delicious treats.
• Jamaican Vybz Kitchen: Popular for its authentic Jamaican cuisine.
• Prairie Sky Breads: Perfect for pastries, scones, and packed lunches.
• The Starving Rooster: Great spot for flatbreads, soft pretzels, and brick oven pizza.
• Mi Mexico: Enjoy authentic Mexican food and live music.

Local Experiences

• Dakota Territory Brewing Company: Sample locally crafted beers in a friendly atmosphere.
• Mouse River Players: Catch live theatrical performances by this community theater group.
• Minot Farmer’s Market: Visit every Saturday during summer for fresh produce, homemade goods, and unique crafts.

Activities

• Mini-golf, Bowling, and Trampoline Park: Fun activities for the whole family.
• Dog-Friendly Spots: Explore dog-friendly patios, bars, shops, and hotels in Minot.
• Nightlife in Downtown Minot: Enjoy axe throwing, trivia nights, and paint-your-own creations.

Shopping

• Local Shops and Markets: Discover one-of-a-kind items and support local businesses in downtown Minot.

By sharing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Minot, North Dakota, and experience the city's unique blend of culture, history, and natural beauty.

Practical Tips to Run a Successful Short-Term Rental Business in Minot, North Dakota

To ensure the success of a short-term rental business in Minot, North Dakota, several practical tips can be implemented to enhance guest satisfaction and compliance with local regulations.

Noise Regulations and Guest Communication

Inform guests about quiet hours through clear communication in your listing and a digital house manual. This helps maintain a respectful environment, especially in residential areas, and avoids potential issues with neighbors.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This ensures guests have all the necessary details at their fingertips, reducing the need for frequent inquiries.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide detailed parking instructions accompanied by photos to help guests navigate the property easily, reducing confusion and stress upon arrival.

Compliance and Guest Satisfaction

Stay updated with local regulations, including noise ordinances and zoning laws, to ensure your property remains compliant. By focusing on these aspects, you can foster a positive guest experience, encourage repeat bookings, and build a strong reputation in the competitive Minot short-term rental market.

Here is a brief list of house cleaning providers in Minot, North Dakota:

House Cleaning Services

• Care.com Housekeepers: A list of individual housekeepers with an average rate of $14/hr and 3 years of average experience.
• Sunny Side Cleaning Services, Inc.: A local cleaning service provider based in Minot, ND. They can be contacted at 701-595-0795.
• Top-Rated Cleaning Services on HomeAdvisor: A list of professional cleaning services in Minot, ND, with real reviews and ratings.
• Top 10 Best House Cleaners on Angie's List: A list of house cleaners in Minot, ND, with real reviews and ratings.

Additional Services

• Walmart House Cleaning Services: Offers cleaning services for various parts of the home, reachable at 833-600-0406.

Note: The list does not include repair or maintenance providers specifically, as the sources primarily focus on cleaning services.

Short-Term Rental Management Fees in Minot, North Dakota: A Comprehensive Guide

In Minot, North Dakota, managing short-term rentals involves a range of fees that can significantly impact your revenue. Typically, short-term rental management fees range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging between 20% to 30% of the rental income.

Basic services, such as co-hosting or a la carte options, may be more budget-friendly but will offer fewer comprehensive services. Additionally, hosts may incur extra fees for cleaning, repairs, or design services, which can further reduce their net earnings. For instance, some management companies charge a separate cleaning fee that is passed on to the guests, and there may also be consumables fees to cover items like linens, toiletries, and light bulbs.

Understanding these fee structures is crucial for optimizing your rental income and ensuring compliance with local regulations, including the collection of a 5% state lodging tax in North Dakota.