Best Places in Michigan, United States to Invest in Airbnbs, Short-Term Rentals in 2025

Last updated: January 31, 2025

Discover the most lucrative short-term rental markets in Michigan, United States with AirROI's comprehensive investment guide. Whether you’re an experienced property investor or just starting your Airbnb journey, through detailed analysis of key metrics across premier global, our data-driven insights reveal where smart money is flowing in the short-term rental space. Using advanced market analytics and real performance data, we’ve identified investment hotspots that combine strong rental demand, favorable regulations, and optimal revenue potential.

Read on to explore the top-performing short-term rental markets that should be on every investor’s radar in 2024.

Top Short-Term Rental Cities in Michigan, United States

Rank:#1Market:DetroitCountry:United StatesProperties:1,076Monthly Revenue:$1787.79Daily Rate:$162.30Occupancy:42.25%Regulation:Low
Rank:#2Market:Traverse CityCountry:United StatesProperties:635Monthly Revenue:$3926.31Daily Rate:$278.15Occupancy:48.23%Regulation:Low
Rank:#3Market:South HavenCountry:United StatesProperties:491Monthly Revenue:$4080.06Daily Rate:$470.22Occupancy:39.96%Regulation:Moderate
Rank:#4Market:Ann ArborCountry:United StatesProperties:485Monthly Revenue:$4838.70Daily Rate:$428.66Occupancy:47.29%Regulation:Low
Rank:#5Market:Grand RapidsCountry:United StatesProperties:340Monthly Revenue:$2161.15Daily Rate:$168.00Occupancy:48.16%Regulation:Low
Rank:#6Market:Chikaming TownshipCountry:United StatesProperties:301Monthly Revenue:$4220.30Daily Rate:$488.62Occupancy:38.85%Regulation:Low
Rank:#7Market:SaugatuckCountry:United StatesProperties:272Monthly Revenue:$4474.90Daily Rate:$390.69Occupancy:44.36%Regulation:Low
Rank:#8Market:New Buffalo TownshipCountry:United StatesProperties:264Monthly Revenue:$4939.48Daily Rate:$636.34Occupancy:36.55%Regulation:Low
Rank:#9Market:Boyne Valley TownshipCountry:United StatesProperties:243Monthly Revenue:$2738.41Daily Rate:$412.69Occupancy:28.19%Regulation:Low
Rank:#10Market:LansingCountry:United StatesProperties:237Monthly Revenue:$1674.84Daily Rate:$118.23Occupancy:51.69%Regulation:Low
Rank:#11Market:Royal OakCountry:United StatesProperties:232Monthly Revenue:$2478.58Daily Rate:$179.35Occupancy:48.90%Regulation:Low
Rank:#12Market:East Bay TownshipCountry:United StatesProperties:231Monthly Revenue:$4336.96Daily Rate:$439.41Occupancy:44.50%Regulation:Low
Rank:#13Market:MuskegonCountry:United StatesProperties:202Monthly Revenue:$3445.12Daily Rate:$265.01Occupancy:47.55%Regulation:Low
Rank:#14Market:Grand HavenCountry:United StatesProperties:193Monthly Revenue:$2957.44Daily Rate:$311.37Occupancy:46.91%Regulation:Low
Rank:#15Market:Acme TownshipCountry:United StatesProperties:174Monthly Revenue:$2694.43Daily Rate:$309.04Occupancy:42.00%Regulation:Low
Rank:#16Market:CharlevoixCountry:United StatesProperties:173Monthly Revenue:$3041.43Daily Rate:$334.95Occupancy:38.41%Regulation:Low
Rank:#17Market:Custer TownshipCountry:United StatesProperties:158Monthly Revenue:$2564.89Daily Rate:$257.80Occupancy:36.91%Regulation:Low
Rank:#18Market:DouglasCountry:United StatesProperties:156Monthly Revenue:$4126.89Daily Rate:$411.60Occupancy:40.14%Regulation:Low
Rank:#19Market:Suttons Bay TownshipCountry:United StatesProperties:151Monthly Revenue:$3691.05Daily Rate:$421.51Occupancy:38.32%Regulation:Low
Rank:#20Market:New BuffaloCountry:United StatesProperties:146Monthly Revenue:$4588.88Daily Rate:$411.65Occupancy:42.89%Regulation:Low
Rank:#21Market:Saugatuck TownshipCountry:United StatesProperties:145Monthly Revenue:$5623.63Daily Rate:$488.80Occupancy:42.96%Regulation:Low
Rank:#22Market:Boyne CityCountry:United StatesProperties:144Monthly Revenue:$3150.83Daily Rate:$352.15Occupancy:38.01%Regulation:Low
Rank:#23Market:MarquetteCountry:United StatesProperties:142Monthly Revenue:$3144.90Daily Rate:$209.87Occupancy:52.31%Regulation:Low
Rank:#24Market:Casco TownshipCountry:United StatesProperties:136Monthly Revenue:$4330.00Daily Rate:$461.86Occupancy:39.45%Regulation:Low
Rank:#25Market:Lake TownshipCountry:United StatesProperties:133Monthly Revenue:$2981.60Daily Rate:$321.53Occupancy:41.66%Regulation:Low
Rank:#26Market:Kearney TownshipCountry:United StatesProperties:132Monthly Revenue:$2587.89Daily Rate:$269.91Occupancy:35.97%Regulation:Low
Rank:#27Market:LudingtonCountry:United StatesProperties:131Monthly Revenue:$2007.72Daily Rate:$263.02Occupancy:37.71%Regulation:Low
Rank:#28Market:ManisteeCountry:United StatesProperties:131Monthly Revenue:$2013.23Daily Rate:$219.35Occupancy:43.41%Regulation:Low
Rank:#29Market:KalamazooCountry:United StatesProperties:128Monthly Revenue:$1645.26Daily Rate:$115.77Occupancy:46.23%Regulation:Low
Rank:#30Market:Long Lake TownshipCountry:United StatesProperties:124Monthly Revenue:$4039.75Daily Rate:$369.10Occupancy:45.78%Regulation:Low

Our Methodology

At AirROI, we leverage advanced technology to process and analyze the world’s most comprehensive short-term rental dataset, helping investors make data-driven decisions.

Data Collection

  • Real-time data aggregation from tens of millions of listings globally
  • Comprehensive tracking of market-specific performance metrics
  • Local regulatory tracking

Data Processing

  • AI-powered analysis of booking patterns
  • Advanced machine learning for trend identification
  • Forward-looking market forecasting
  • Cross-market performance benchmarking

Key Metrics We Track

  • Occupancy rates and seasonal patterns
  • Revenue performance (ADR, RevPAR)
  • Market demand indicators
  • Investment metrics (ROI, operating costs)
  • Regulatory compliance requirements

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