Elmwood Charter Township Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Michigan, United States
Is Airbnb profitable in Elmwood Charter Township in 2025? Explore comprehensive Airbnb analytics for Elmwood Charter Township, Michigan, United States to uncover income potential. This 2025 STR market report for Elmwood Charter Township, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 64 active listings.
Whether you're considering an Airbnb investment in Elmwood Charter Township, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Elmwood Charter Township Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Elmwood Charter Township Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Elmwood Charter Township (2025)
Understanding the monthly revenue variations for Airbnb listings in Elmwood Charter Township is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Elmwood Charter Township is typically July, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Elmwood Charter Township across different performance tiers:
- Best-in-class properties (Top 10%) achieve $10,517+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $7,365 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $4,558 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $2,438, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Elmwood Charter Township
Elmwood Charter Township Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Elmwood Charter Township STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Julysees the highest demand (peak season occupancy), while March experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Elmwood Charter Township:
- Best-in-class properties (Top 10%) achieve 84%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 67% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 44%.
- Entry-level properties (Bottom 25%) average 23% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Elmwood Charter Township
Average Daily Rate (ADR) Airbnb Trends in Elmwood Charter Township (2025)
Effective short term rental pricing strategy in Elmwood Charter Township involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Elmwood Charter Township typically peaks in August and dips lowest during February. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $637+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $480 or more.
- Typical properties (Median) charge around $326 per night.
- Entry-level properties (Bottom 25%) earn around $227 per night.
Average Daily Rate (ADR) Trend by Month in Elmwood Charter Township
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Airbnb Seasonality Analysis & Trends in Elmwood Charter Township (2025)
Peak Season (July, August, June)
- Revenue averages $9,861 per month
- Occupancy rates average 66.2%
- Daily rates average $427
Shoulder Season
- Revenue averages $4,490 per month
- Occupancy maintains around 42.2%
- Daily rates hold near $361
Low Season (January, February, March)
- Revenue drops to average $2,427 per month
- Occupancy decreases to average 32.9%
- Daily rates adjust to average $322
Seasonality Insights for Elmwood Charter Township
- The Airbnb seasonality in Elmwood Charter Township shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Elmwood Charter Township's highest earning potential, with monthly revenues capable of climbing to $11,110, occupancy reaching a high of 74.1%, and ADRs peaking at $436.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $2,088, occupancy could drop to 32.4%, and ADRs may adjust down to $320.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Elmwood Charter Township.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Elmwood Charter Township seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Elmwood Charter Township (2025)
Exploring the top neighborhoods for short-term rentals in Elmwood Charter Township? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Crystal Lake | Beautiful natural surroundings and recreational opportunities make it a popular destination for families and outdoor enthusiasts. Ideal for vacationers wanting to enjoy summer activities like swimming, fishing, and boating. | Crystal Lake, Crystal Lake Park, Lakeside Park, Fishing and boating, Hiking trails |
| Elk Lake | A serene and scenic lake area that attracts visitors looking for tranquility and natural beauty. Perfect for those who love water activities and nature retreats. | Elk Lake, Pine Lake, Hiking and nature trails, Canoeing, Wildlife watching |
| Sleeping Bear Dunes National Lakeshore | A stunning natural park with beautiful beaches and giant sand dunes. Attracts tourists for hiking, beach activities, and breathtaking views of Lake Michigan. | Sleeping Bear Dunes, Pyramid Point, Lake Michigan beaches, Hiking trails, Scenic overlooks |
| Traverse City | Known for its wineries and cherry orchards, Traverse City is vibrant year-round with festivals and outdoor activities. Great for food and wine tourism. | Wineries, Traverse City State Park, Cherry Festival, Lake Michigan beaches, Downtown shops and restaurants |
| Leelanau Peninsula | Renowned for its picturesque landscapes, wineries, and charming small towns. Attracts visitors seeking a quiet getaway with scenic views. | Leelanau State Park, Wineries, Fishtown, Sailing, Beaches |
| Interlochen | Home to the prestigious Interlochen Center for the Arts, this area is appealing to art and music lovers. Beautiful natural surroundings enhance its charm. | Interlochen Center for the Arts, Interlochen State Park, Arts festivals, Outdoor concerts, Lake activities |
| Lake Ann | A quaint and rustic village surrounded by lakes and forests, ideal for those looking for a peaceful retreat away from the busyness of life. | Lake Ann, Hiking, Fishing, Nature trails, Fall colors |
| Honor | A small village with access to Crystal Lake and nearby nature trails, perfect for visitors looking for a cozy and relaxing rural experience. | Crystal Lake, Burton Park, Hiking trails, Fishing, Local farms |
Understanding Airbnb License Requirements & STR Laws in Elmwood Charter Township (2025)
While Elmwood Charter Township, Michigan, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Elmwood Charter Township to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Elmwood Charter Township (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Elmwood Charter Townshipbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Large house on water close to TC
Entire Place • 5 bedrooms
Lakefront home in wine country with playroom
Entire Place • 3 bedrooms
Farm House with private hot tub on Brewery Creek!
Entire Place • 5 bedrooms
West Bay Wanderlust
Entire Place • 4 bedrooms
Leelanau Therapy-HotTub/Jetted Tub/Wood FirePlace
Entire Place • 3 bedrooms
Luxury Estate Overlooking Water
Entire Place • 4 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Elmwood Charter Township (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Elmwood Charter Township based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Troy | 2 | $169,997 | 67 | 4.85/5.0 |
| Katy | 3 | $167,462 | 162 | 4.95/5.0 |
| Bayshore Vacation Rentals | 3 | $149,338 | 57 | 4.86/5.0 |
| Bethany | 2 | $148,680 | 132 | 4.99/5.0 |
| Jenna Nicole | 1 | $134,447 | 36 | 4.86/5.0 |
| Jess | 1 | $124,305 | 57 | 4.98/5.0 |
| Dana | 1 | $117,497 | 16 | 4.94/5.0 |
| Kelsey | 1 | $116,494 | 211 | 4.96/5.0 |
| Brendan | 1 | $114,182 | 20 | 5.00/5.0 |
| Corey | 1 | $103,026 | 19 | 4.89/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Elmwood Charter Township.
Dive Deeper: Advanced Elmwood Charter Township STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Elmwood Charter Township. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsElmwood Charter Township Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Elmwood Charter Township
- The Elmwood Charter Township Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 95.3% of the 64 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Elmwood Charter Township, House properties are the most common (84.4%), reflecting the local real estate landscape.
- Houses represent a significant 84.4% portion, catering likely to families or larger groups.
- Smaller segments like others (combined 1.6%) offer potential for unique stay experiences.
Elmwood Charter Township Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Elmwood Charter Township
- The dominant room capacity in Elmwood Charter Township is 3 bedrooms listings, making up 39.1% of the market. This suggests a strong demand for properties suitable for families or small groups.
- Together, 3 bedrooms and 2 bedrooms properties represent 61.0% of the active Airbnb listings in Elmwood Charter Township, indicating a high concentration in these sizes.
- A significant 62.5% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Elmwood Charter Township.
Elmwood Charter Township Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Elmwood Charter Township
- The most common guest capacity trend in Elmwood Charter Township vacation rentals is listings accommodating 6 guests (39.1%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 6 guests and 8+ guests dominate the Elmwood Charter Township STR market, accounting for 68.8% of listings.
- 68.8% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Elmwood Charter Township.
- On average, properties in Elmwood Charter Township are equipped to host 5.6 guests.
Elmwood Charter Township Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Elmwood Charter Township
- The most common availability pattern in Elmwood Charter Township falls within the 181-270 days range, representing 50% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 78.1% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Elmwood Charter Township (46.9%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 25.0% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Elmwood Charter Township Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
9 listings
14.3% of total
2 Nights
26 listings
41.3% of total
3 Nights
10 listings
15.9% of total
4-6 Nights
5 listings
7.9% of total
7-29 Nights
7 listings
11.1% of total
30+ Nights
6 listings
9.5% of total
Key Insights
- The most prevalent minimum stay requirement in Elmwood Charter Township is 2 Nights, adopted by 41.3% of listings. This highlights the market's preference for shorter, flexible bookings.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 41.3% of Elmwood Charter Township hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 14.3% currently do.
- A 2-night minimum appears standard (41.3%). Consider this for weekends or peak periods.
- Explore offering discounts for stays of 30+ nights to attract the 9.5% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Elmwood Charter Township.
Elmwood Charter Township Airbnb Cancellation Policy Trends Analysis (2025)
Super Strict 30 Days
2 listings
3.2% of total
Super Strict 60 Days
2 listings
3.2% of total
Flexible
4 listings
6.3% of total
Moderate
10 listings
15.9% of total
Firm
23 listings
36.5% of total
Strict
22 listings
34.9% of total
Cancellation Policy Insights for Elmwood Charter Township
- The prevailing Airbnb cancellation policy trend in Elmwood Charter Township is Firm, used by 36.5% of listings.
- A majority (71.4%) of hosts in Elmwood Charter Township utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Firm policy to align with the 36.5% market standard in Elmwood Charter Township.
- With 34.9% using Strict terms, this is a viable option in Elmwood Charter Township, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Elmwood Charter Township.
Elmwood Charter Township STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Elmwood Charter Township
- The overall average booking lead time for vacation rentals in Elmwood Charter Township is 78 days.
- Guests book furthest in advance for stays during July (average 135 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 33 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (114 days avg.) sees the longest lead times, while Winter (41 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (78 days) as a baseline for your pricing and availability strategy in Elmwood Charter Township.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 135 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 114 days) to capture early planners.
- Monitor your own booking lead times against these Elmwood Charter Township averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Elmwood Charter Township (2025)
Amenity Prevalence
Amenity Insights for Elmwood Charter Township
- Essential amenities in Elmwood Charter Township that guests expect include: Wifi, Smoke alarm, Free parking on premises, Heating, Bed linens, Hot water, Hair dryer, TV, Microwave. Lacking these (any) could significantly impact bookings.
- Popular amenities like Carbon monoxide alarm are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Elmwood Charter Township: Wifi, Smoke alarm, Free parking on premises, Heating, Bed linens, Hot water, Hair dryer, TV, Microwave.
- Prioritize adding missing essentials: Free parking on premises, Heating, Bed linens, Hot water, Hair dryer, TV, Microwave.
- Consider adding popular differentiators like Carbon monoxide alarm to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Elmwood Charter Township to stay competitive.
Elmwood Charter Township Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Elmwood Charter Township
- The typical guest profile for Airbnb in Elmwood Charter Township consists of primarily domestic travelers (99%), often arriving from nearby Chicago, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 98.5% of guests.
- Key international markets include United States (98.5%) and Canada (0.4%).
- Top languages spoken are English (79.9%) followed by Spanish (10.1%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Chicago and Grand Rapids.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Elmwood Charter Township Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Greilickville | 40 | $5,874 | $469.69 | 47% |
| Blair Township | 48 | $5,303 | $438.00 | 48% |
| Friendship Township | 14 | $5,118 | $376.04 | 59% |
| Bingham Township | 28 | $4,916 | $493.09 | 47% |
| Bay Township | 10 | $4,782 | $550.14 | 44% |
| Livingston Township | 11 | $4,649 | $293.80 | 53% |
| Leelanau Township | 50 | $4,620 | $377.36 | 50% |
| Leland Township | 40 | $4,579 | $568.06 | 37% |
| Walloon Lake | 25 | $4,534 | $401.80 | 44% |
| Grattan Township | 15 | $4,466 | $295.73 | 58% |