Last updated on May 24th, 2024
Best Places to Buy an Airbnb in Michigan
Last updated on: 12th May, 2024
USA / Michigan
We have gathered up all the important short-term rental indicators for you, so you don’t have to spend hours.
These are the 72 best places to start an Airbnb in Michigan, with an average host revenue of $2.63K+/month. A typical listing is booked for 213 nights a year.
Our Methodologies Data explanations … Read More
Occupancy Rate: It tells how often was a typical active property occupied over the last 12 months? The formula is “number_of_booked_days / number_of_available_days”.
Average Daily Rate: How much did hosts in this market charge per day over the last 12 months? This does not include cleaning fees.
Revenue: What’s the median revenue a property in this market generated over the last 12 months? This Revenue figure represents the median over the past 12 months and does not include taxes, service fees, or additional guest fees.
Number of listings: It is the total active listings over the past 12 months.
How do we collect the data?
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
Airbtics’ primary data source is attained through a web scraping software that directly takes data points from Airbnb. We also have secondary data sources from Airbnb hosts via iCal or vacation rental managers.
How accurate is the data?
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
Airbtics is dedicated to providing the most accurate data available in the market. Through the application of data science and machine learning algorithms, we train our various classifiers to consistently improve our data’s accuracy.
In addition to this, we make predictions based on Airbnb’s total revenue and it is 97% correlated with Airbnb’s official statement.
Top Airbnb markets in Michigan (with the highest Net Short Term Rental yields)
Detroit
Detroit, Michigan, USA, is a vibrant city known for its rich musical history, arts scene, and architectural landmarks. Visitors can explore museums, vibrant neighborhoods, and enjoy live music performances that showcase the city’s diverse cultural heritage.- Airbnb Occupancy Rate: 53%
- Average Daily Rate: $115
- Annual Revenue: $21,674
- Total Listings: 1,585
Lansing
Lansing, Michigan, is the state capital known for its historic sites, cultural attractions, and vibrant arts scene. Tourists can explore the Michigan State Capitol building, visit the vibrant Old Town district, and enjoy various museums and galleries showcasing the city’s rich history and creativity.- Airbnb Occupancy Rate: 64%
- Average Daily Rate: $86
- Annual Revenue: $19,884
- Total Listings: 297
Muskegon
Muskegon, Michigan, is a charming coastal city along Lake Michigan known for its sandy beaches, historic lighthouses, and vibrant arts scene. Visitors can explore picturesque parks, visit museums, enjoy water sports, and indulge in delicious local cuisine while experiencing the beauty of the Great Lakes region.- Airbnb Occupancy Rate: 56%
- Average Daily Rate: $214
- Annual Revenue: $43,359
- Total Listings: 212
South Haven
South Haven, Michigan, is a charming beach town nestled along the shores of Lake Michigan, offering sandy beaches, picturesque lighthouses, and a vibrant maritime history. Visitors can explore the historic downtown, sample local cuisine, and partake in water activities like boating, kayaking, and sunset cruises.- Airbnb Occupancy Rate: 49%
- Average Daily Rate: $331
- Annual Revenue: $61,386
- Total Listings: 436
Grand Haven
Grand Haven, Michigan, is a charming beach town nestled along the shores of Lake Michigan, known for its sandy beaches, picturesque lighthouses, and vibrant waterfront atmosphere. Visitors can enjoy sunbathing, water sports, and stunning sunsets over the lake, making it a perfect destination for a relaxing getaway.- Airbnb Occupancy Rate: 59%
- Average Daily Rate: $233
- Annual Revenue: $51,375
- Total Listings: 224
All Profitable Airbnb Markets to Invest in Michigan
Alanson, MI
Dearborn, MI
Harper woods, MI
Roseville, MI
Lincoln park, MI
Detroit, MI
Whitmore lake, MI
Pontiac, MI
Lexington, MI
Flint, MI
Norton shores, MI
Adrian, MI
Saginaw, MI
Dearborn heights, MI
Spring lake, MI
Westland, MI
Port huron, MI
Bay city, MI
Harrison, MI
Negaunee, MI
Mount clemens, MI
Lansing, MI
Livonia, MI
Muskegon, MI
Holly, MI
Ishpeming, MI
Auburn hills, MI
Portage, MI
Ypsilanti, MI
Okemos, MI
Haslett, MI
Holland, MI
East lansing, MI
Owosso, MI
Hazel park, MI
Jackson, MI
Waterford, MI
Niles, MI
Wyandotte, MI
Harbor springs, MI
South haven, MI
Monroe, MI
Grand haven, MI
Houghton lake, MI
Ludington, MI
Saugatuck, MI
Ferndale, MI
Ann arbor, MI
Battle creek, MI
Southfield, MI
Milford, MI
Kalamazoo, MI
Farmington hills, MI
Kentwood, MI
Fenton, MI
Clawson, MI
Grand rapids, MI
Oscoda, MI
Royal oak, MI
Warren, MI
Wyoming, MI
Sterling heights, MI
Plymouth, MI
Traverse city, MI
Rochester, MI
Charlevoix, MI
New buffalo, MI
Marquette, MI
Grandville, MI
Birmingham, MI
Canton, MI
