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Top Airbnb Markets in Michigan
Awning's ranking of the best places for Airbnb investing in Michigan.
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State
Market size
Avg. Airbnb Price
Sort: Highest ROI
1
Boyne Falls, MI

Boyne Falls, MI is a top destination for investors interested in the Airbnb rental market due to its proximity to popular ski resorts and outdoor recreational activities, as well as its growing tourism industry.

ROI *
+18%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Stevensville, MI offers an opportunity for investors to capitalize on a strong Airbnb demand due to its proximity to Lake Michigan and popular tourist attractions such as wineries and breweries.

ROI *
+17%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Roscommon, MI offers a lucrative investment opportunity due to its proximity to popular tourist destinations like Higgins Lake and Houghton Lake, as well as its abundance of outdoor recreational activities such as fishing, hunting, and snowmobiling.

ROI *
+16%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Three Oaks, MI is a recommended choice for investors interested in the short-term rental market due to its proximity to Lake Michigan and popular tourist attractions such as wineries, breweries, and the Warren Dunes State Park.

ROI *
+7%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Mears, MI presents an excellent opportunity for investors due to its proximity to Lake Michigan and popular tourist attractions such as Silver Lake Sand Dunes.

ROI *
+4%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Benton Harbor, MI is a promising market for those seeking a profitable Airbnb investment due to its proximity to Lake Michigan and popular tourist attractions like the Silver Beach Carousel and Whirlpool Compass Fountain.

ROI *
+5%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

East Jordan, MI has great potential for investors in the short-term rental market due to its location on the shores of Lake Charlevoix and proximity to popular tourist destinations like Boyne City and Charlevoix.

ROI *
+3%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Bridgman, MI is an ideal Airbnb market for investors due to its proximity to Lake Michigan and popular wineries, making it a desirable vacation destination for tourists.

ROI *
+7%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Mancelona, MI is a top Airbnb market due to its proximity to popular tourist destinations like Traverse City and its abundance of outdoor recreational activities, such as skiing and hiking.

ROI *
+7%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Lexington, MI has great potential for investors in the short-term rental market due to its location on Lake Huron and proximity to popular tourist destinations like Mackinac Island and the Thumb Area.

ROI *
+6%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Cadillac, MI is a promising location for those investing in short-term rentals due to its proximity to popular tourist destinations like Traverse City and the abundance of outdoor recreational activities in the area. Additionally, the city has a growing economy and a low cost of living, making it an attractive option for both tourists and investors.

ROI *
+10%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Boyne City, MI offers a lucrative investment opportunity due to its prime location on Lake Charlevoix and proximity to popular ski resorts, making it a desirable vacation destination year-round.

ROI *
+5%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Lewiston is a city in Michigan with active airbnbs. The average price of an Airbnb in Lewiston is around and the average annual revenue of an Airbnb in Lewiston is. Lewiston has a occupancy rate of and a average daily rate of .

ROI *
+1%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Kalkaska, MI offers a lucrative investment opportunity due to its proximity to popular tourist destinations like Traverse City and its growing reputation as a destination for outdoor recreation enthusiasts.

ROI *
+2%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Maple City, MI is a prime location for investors looking to profit from short-term rentals due to its proximity to popular tourist destinations like Sleeping Bear Dunes National Lakeshore and Traverse City, as well as its charming small town atmosphere.

ROI *
+1%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Cheboygan, MI is a recommended choice for investors interested in the short-term rental market due to its proximity to popular tourist destinations like Mackinac Island and the abundance of outdoor recreational activities such as fishing, boating, and hiking.

ROI *
+7%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Marquette, MI offers a lucrative investment opportunity due to its growing tourism industry and proximity to outdoor recreational activities such as skiing, hiking, and fishing.

ROI *
+2%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Manistee, MI presents an excellent opportunity for investors due to its beautiful beaches, historic downtown, and growing tourism industry. Its location on Lake Michigan also makes it a popular destination for outdoor enthusiasts.

ROI *
+1%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Rapid City, MI is a wise choice for those investing in Airbnb rentals due to its proximity to popular tourist destinations like Traverse City and Sleeping Bear Dunes, as well as its abundance of outdoor recreational activities such as fishing, hiking, and skiing.

ROI *
+0%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price

Gaylord, MI is a top Airbnb market due to its proximity to popular tourist destinations like Mackinac Island and Sleeping Bear Dunes, as well as its abundance of outdoor activities such as skiing, golfing, and hiking. Additionally, the city's low property prices and high demand for vacation rentals make it a profitable investment opportunity.

ROI *
+3%
*Revenue divided by average Airbnb home price

ADR
Occupancy
Revenue
Market size
No. of Airbnbs
Avg. Airbnb price
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