In Minneapolis, short-term rentals (STRs) are officially termed as such and are legal, provided that property owners obtain the necessary registration and rental licenses from the city. In 2017, regulations were implemented requiring hosts who rent out their properties to secure a registration, especially if they do not reside in the property during the rental period. These rentals are particularly popular in urban settings, such as downtown Minneapolis where both tourists and business travelers are drawn to the area's sports events, cultural attractions, and convention facilities. The demand tends to peak during significant events like the Super Bowl and the Minnesota State Fair. The local market environment caters more to tourists, but it is also a viable option for business travelers seeking convenient accommodations. The City of Minneapolis regulates these rentals through its Business Licenses and Inspections Division. For more details, you can visit the official city website at.