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The Minneapolis downtown skyline across a lake, with a tree-lined shore in the foreground

Property management in Minneapolis and St. Paul.

Short-term and furnished mid-term rentals across the Twin Cities.

Where we operate

Minneapolis and St. Paul.

A Dream Rentals team member welcoming a guest at the door of a furnished home

The rules, in plain English

As of October 2026.

  • Minneapolis requires a registration or license, depending on whether the unit is the owner's homestead.
  • Minneapolis allows one non-homestead short-term rental per owner, counted across LLCs, and limits how many units can be short-term rentals in larger buildings.
  • St. Paul requires a license per unit, with caps that depend on the building type.
  • Stays of 30 nights or more aren't covered by Minneapolis's short-term rental rules, and the same is true in St. Paul.

We check your exact address before we propose anything.

What that means

If you own more than one unit in Minneapolis, only one can be a nightly rental. The rest can still earn as furnished monthly rentals, and we run both.

Demand

  • US Bank Stadium (Vikings), Target Field (Twins) and the Minneapolis Convention Center anchor downtown Minneapolis short-stay demand for sports and conventions.
  • Xcel Energy Center (Wild) and the Saint Paul RiverCentre anchor comparable event-driven demand in downtown St. Paul.
  • The University of Minnesota and the Twin Cities' major hospital systems support a sizable mid-term furnished-housing market for traveling clinicians, visiting researchers and patient families.

Know the number before you sign anything.

Send us the address and the unit mix. We'll send back a revenue projection built the way we underwrite our own launches. Free, and no obligation.