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Top Airbnb Markets in Michigan
Awning's ranking of the best places for Airbnb investing in Michigan.
Filters
MI
Market size
Avg. Airbnb Price

Saugatuck, MI is a top Airbnb market due to its picturesque location on Lake Michigan, thriving arts scene, and popularity as a vacation destination for both summer and winter activities. Its proximity to major cities like Chicago and Detroit also make it a desirable location for short-term rentals.

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

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

South Haven, MI is a promising market for those seeking a profitable Airbnb investment due to its beautiful beaches, charming downtown area, and proximity to popular tourist destinations like Saugatuck and St. Joseph.

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

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

Fennville, MI is a wise choice for those investing in Airbnb rentals due to its proximity to Lake Michigan and popular tourist attractions like wineries and orchards. The city also has a growing demand for vacation rentals.

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

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

Thompsonville, MI offers an opportunity for investors to capitalize on a strong Airbnb demand due to its proximity to popular ski resorts and outdoor recreational activities, making it a year-round destination for tourists.

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

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

Williamsburg, MI is an up-and-coming market for short-term rental investors due to its proximity to Traverse City, popular wineries, and outdoor recreation opportunities. Its location also makes it a desirable vacation destination for both summer and winter activities.

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

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

Northport, MI is a promising location for those investing in short-term rentals due to its picturesque location on Lake Michigan and proximity to popular tourist destinations like Sleeping Bear Dunes National Lakeshore.

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

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

Douglas, MI is a top pick for investors seeking a profitable Airbnb market due to its proximity to Lake Michigan and popular tourist attractions, as well as its growing reputation as a trendy vacation destination.

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

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

Ypsilanti, MI is an attractive market for investors looking to invest in Airbnb rental properties due to its proximity to the University of Michigan and Eastern Michigan University, as well as its growing downtown area with a variety of restaurants and shops.

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

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

Grand Rapids, MI is a top Airbnb market due to its growing tourism industry and strong demand for short-term rentals, particularly during events like ArtPrize and the Tulip Festival. Additionally, the city's low cost of living and affordable real estate make it an attractive option for investors.

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

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

Indian River, 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 its abundance of outdoor recreational activities such as fishing, boating, and snowmobiling.

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

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

Union Pier, MI is a sound investment choice for those seeking a profitable short-term rental market due to its proximity to Lake Michigan and its popularity as a summer vacation destination for families and couples.

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

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

Traverse City, MI is an attractive market for investors looking to invest in Airbnb rental properties due to its popularity as a tourist destination with a variety of outdoor activities and events, as well as a shortage of traditional lodging options during peak seasons.

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

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

Coloma, MI has great potential for investors in the short-term rental market due to its proximity to Lake Michigan and popular tourist attractions such as wineries, breweries, and outdoor recreational activities.

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

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

Grand Haven, MI presents an excellent opportunity for investors due to its prime location on Lake Michigan, popular tourist attractions such as the Grand Haven State Park and Musical Fountain, and a strong rental market for vacation homes.

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

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

Dowagiac, MI offers an opportunity for investors to capitalize on a strong Airbnb demand due to its proximity to popular tourist destinations like Lake Michigan and Notre Dame University. Additionally, the city has a growing arts and culture scene, attracting visitors year-round.

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

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

Royal Oak, MI is an ideal Airbnb market for investors due to its proximity to downtown Detroit and popular attractions like the Detroit Zoo, as well as its vibrant nightlife and restaurant scene.

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

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

Ann Arbor, MI has great potential for investors in the short-term rental market due to its high demand for accommodations during major events and festivals, as well as its proximity to the University of Michigan and its large student population.

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

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

Interlochen, MI is a top pick for investors seeking a profitable Airbnb market due to its proximity to Traverse City and the Sleeping Bear Dunes National Lakeshore, as well as its popularity as a summer destination for music and arts enthusiasts.

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

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

Lakeside, MI is a top Airbnb market due to its proximity to Lake Michigan and its popularity as a summer vacation destination, making it a desirable location for short-term rentals.

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

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

Cedar, MI presents an excellent opportunity for investors due to its proximity to popular tourist destinations like Traverse City and Sleeping Bear Dunes National Lakeshore, as well as its growing reputation as a year-round outdoor recreation destination.

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

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