Airbnb Market Analytics, Statistics and Data in Charlevoix, Michigan, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Charlevoix? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Charlevoix:
How much do Airbnb hosts make on average per month in Charlevoix?
The short-term rental market in Charlevoix shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,554 per month
- Strong performing properties (top 25%) make $4,748 or more
- Best-in-class properties (top 10%) achieve $8,194+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,356
Revenue Variations by Month
Occupancy Rates Throughout the Year in Charlevoix
The market in Charlevoix shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 29% occupancy rates
- Strong performing properties (top 25%) achieve 50% or higher
- Best-in-class properties (top 10%) reach 68%+occupancy
- Entry-level properties (bottom 25%) average around 15%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Charlevoix
Daily rates in Charlevoix vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $273 per night
- Strong performing properties (top 25%) secure $388 or more
- Best-in-class properties (top 10%) pull in $559+ per night
- Entry-level properties (bottom 25%) earn around $201
Daily Rate Variations by Month
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Seasonality patterns in Charlevoix
Peak Season (July, August, June)
- Revenue peaks at $8444.58 per month
- Occupancy rates reach 56.39%
- Daily rates average $429.77
Shoulder Season
- Revenue averages $3738.58 per month
- Occupancy maintains 33.85%
- Daily rates hold at $331.20
Low Season (February, January, December)
- Revenue drops to $1836.69 per month
- Occupancy decreases to 20.88%
- Daily rates adjust to $282.65
Is it still profitable to do Airbnb in Charlevoix in 2025?
Yes! Charlevoix demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 34% and strong monthly revenue averaging $3739 and The market's 173 active listings indicate growing demand with plenty of opportunity for new properties. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Charlevoix
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Charlevoix City | The charming downtown area offers unique shops, restaurants, and a vibrant community atmosphere. Its proximity to Lake Michigan and local events makes it appealing for tourists. | Charlevoix South Pier Lighthouse, Lake Charlevoix, Charlevoix Public Library, Downtown Charlevoix Shopping, Charlevoix Circle of Arts |
| Lake Charlevoix | Known for its stunning waterfront views and recreational activities, Lake Charlevoix attracts those looking for both relaxation and adventure in nature. | Lake Charlevoix State Park, Swimming and boating spots, Charlevoix Ferry, Various marinas and beaches, Fishing spots |
| North Boyne City | A scenic area with easy access to the Boyne Mountain resort skiing and summer activities, attracting both winter sports enthusiasts and summer vacationers. | Boyne Mountain Resort, Avalanche Bay Waterpark, Boyne City Main Street, Access to hiking trails |
| Park Township | A peaceful township with beautiful parks and natural areas, perfect for families and those seeking a quieter getaway. | Petoskey State Park, Atwood Lake, Various hiking trails, Natural beauty and wildlife |
| Bridges of Charlevoix | Famous for its remarkable bridges and stunning photos, attracting visitors who appreciate unique architecture and scenic locations. | Charlevoix Bridge, Scenic viewpoints and photo ops, Nearby biking trails |
| Downtown Petoskey | An attractive downtown with a variety of shops, dining, and cultural events. A desirable area for tourists visiting the nearby lakes. | Petoskey State Park, Petoskey Stone beaches, Local breweries and wineries, Historic downtown buildings |
| Boyne Falls | Nestled in the northern part of Michigan, it offers vacationers access to skiing, biking and beautiful fall colors, ideal for year-round visits. | Boyne Mountain Ski Resort, Mountain biking trails, Waterfalls nearby, Scenic views |
| East Jordan | A quaint small town atmosphere with lake access and picturesque views, making it ideal for a peaceful retreat. | Jordan River Valley, East Jordan Historical Museum, Fishing spots, Lakeside parks |
Do you need a license for Airbnb in Charlevoix?
We recommend checking directly with Charlevoix's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Charlevoix
Huge Classic Cottage Dwtn CVX! Walk everywhere!
Entire Place • 6 bedrooms
Beautiful Lakeview Home w/ 5 Bedrooms and 6k SqFt
Entire Place • 5 bedrooms
The Thatch House- Sleeps 12
Entire Place • 6 bedrooms
Luxury Mushroom House- Earl Young’s Personal home!
Entire Place • 3 bedrooms
View of Lake Charlevoix/Walk to Downtown/Hot Tub
Entire Place • 4 bedrooms
11 Bedroom Home on Lake Michigan
Entire Place • 11 bedrooms
Top Performing Professional Hosts in Charlevoix
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Shawn | 10 | $921,836 | 1238 | 4.97/5.0 |
| Northern Michigan Escapes | 35 | $596,692 | 180 | 2.68/5.0 |
| NoMi Vacations | 9 | $383,302 | 400 | 4.59/5.0 |
| 90454273 | 3 | $179,439 | 109 | 4.95/5.0 |
| Jessa | 3 | $176,657 | 198 | 4.99/5.0 |
| Jamie | 1 | $161,442 | 41 | 5.00/5.0 |
| Meghan | 3 | $151,999 | 97 | 4.95/5.0 |
| Laura | 1 | $118,928 | 18 | 5.00/5.0 |
| Alison | 1 | $116,168 | 9 | 4.89/5.0 |
| Carol | 1 | $111,515 | 10 | 4.50/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Charlevoix
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (91.3%), with house and apartment & condo properties comprising 90.7% of inventory
- Untapped potential in outdoor & mobile, others segments (1.2% combined)
Room Capacity Distribution
Analysis of 173 properties in Charlevoix shows that 2 bedrooms properties are most prevalent, making up 28.9% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 54.9% of all listings.
Key Insights
- Most common: 2 bedrooms (28.9%)
- Least common: 5+ bedrooms (5.8%)
- Market concentration: 54.9% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 173 properties in Charlevoix reveals that 4 guests properties dominate the market, representing 27.7% of all listings. The average property accommodates 5.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 8+ guests make up 54.3% of the market.
Key Insights
- Most common capacity: 4 guests (27.7% of market)
- Least common capacity: 3 guests (1.7% of market)
- Average guest capacity: 5.4 guests per property
- Market concentration: 54.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 173 properties in Charlevoix, the most common availability pattern is 271-366 days (54.3% of properties). For actual bookings, properties most frequently secure bookings for 31-90 days (38.7% of properties).
Key Insights
- Most common availability window: 271-366 days (54.3%)
- Most common booking duration: 31-90 days (38.7%)
- Properties with high availability (180+ days): 86.7%
- Properties with long-term bookings (180+ days): 13.9%
Minimum Stay Distributions
1 Night
56 listings
36.1% of total
2 Nights
44 listings
28.4% of total
3 Nights
34 listings
21.9% of total
4-6 Nights
13 listings
8.4% of total
7-29 Nights
3 listings
1.9% of total
30+ Nights
5 listings
3.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 64.5%
- Mid-length stays (4-6 nights) represent 8.4% of listings
- Monthly+ stays (3.2%) suggest a stable extended-stay market
- High market flexibility with 86.4% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 60 Days
43 listings
26.1% of total
Super Strict 30 Days
12 listings
7.3% of total
Flexible
8 listings
4.8% of total
Moderate
19 listings
11.5% of total
Firm
55 listings
33.3% of total
Strict
28 listings
17% of total
Key Insights
- Firm is the preferred policy at 33.3% of listings
- The market shows a balanced distribution between guest-friendly (16.3%) and strict (50.3%) policies
- Strong market consensus around Firm policies
- Flexible policies are least common at 4.8% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Jun, Aug, averaging 119 days
- Shortest booking windows are in Dec, Mar, Jan, averaging 33 days
- Summer shows the longest average booking window at 119 days, while Winter has the shortest at 36 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 119 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Dec-Jan when lead times are shortest
Popular Airbnb Amenities in Charlevoix
Below is the distribution of amenities across listings in Charlevoix:
Traveler Demographics
Key Insights
- Domestic travelers make up 97.2% of total guests, indicating a dominant local market share.
- Primary international markets: DC (0.7%) and Canada (0.7%)
- English is the top language at 87.2%, followed by Spanish (6.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.6%
Recommendations
- Target marketing campaigns for Grand Rapids and Michigan markets
- Develop localized content for DC and Canada
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Charlevoix. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Greilickville | 39 | $6,558 | $493.53 | 48% |
| Blair Township | 47 | $5,923 | $458.90 | 48% |
| Bingham Township | 29 | $5,552 | $531.66 | 49% |
| Walloon Lake | 22 | $4,854 | $436.60 | 43% |
| Friendship Township | 16 | $4,760 | $390.22 | 57% |
| Livingston Township | 11 | $4,720 | $297.26 | 53% |
| Elmwood Charter Township | 66 | $4,718 | $368.48 | 48% |
| Maple River Township | 11 | $4,624 | $360.90 | 45% |
| Leelanau Township | 54 | $4,562 | $368.53 | 51% |
| Chester Township | 11 | $4,545 | $356.72 | 43% |
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