Ishpeming Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Michigan, United States
Is Airbnb profitable in Ishpeming in 2025? Explore comprehensive Airbnb analytics for Ishpeming, Michigan, United States to uncover income potential. This 2025 STR market report for Ishpeming, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 30 active listings.
Whether you're considering an Airbnb investment in Ishpeming, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Ishpeming 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 Ishpeming Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Ishpeming (2025)
Understanding the monthly revenue variations for Airbnb listings in Ishpeming 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 Ishpeming 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 Ishpeming across different performance tiers:
- Best-in-class properties (Top 10%) achieve $3,969+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,744 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,714 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,058, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Ishpeming
Ishpeming Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Ishpeming STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while November 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 Ishpeming:
- Best-in-class properties (Top 10%) achieve 76%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 62% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 43%.
- Entry-level properties (Bottom 25%) average 28% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Ishpeming
Average Daily Rate (ADR) Airbnb Trends in Ishpeming (2025)
Effective short term rental pricing strategy in Ishpeming involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Ishpeming typically peaks in January and dips lowest during April. 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 $225+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $159 or more.
- Typical properties (Median) charge around $122 per night.
- Entry-level properties (Bottom 25%) earn around $95 per night.
Average Daily Rate (ADR) Trend by Month in Ishpeming
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Airbnb Seasonality Analysis & Trends in Ishpeming (2025)
Peak Season (July, August, June)
- Revenue averages $3,092 per month
- Occupancy rates average 62.1%
- Daily rates average $147
Shoulder Season
- Revenue averages $1,938 per month
- Occupancy maintains around 42.2%
- Daily rates hold near $146
Low Season (February, November, December)
- Revenue drops to average $1,370 per month
- Occupancy decreases to average 35.3%
- Daily rates adjust to average $150
Seasonality Insights for Ishpeming
- The Airbnb seasonality in Ishpeming 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 Ishpeming's highest earning potential, with monthly revenues capable of climbing to $3,387, occupancy reaching a high of 70.7%, and ADRs peaking at $154.
- 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 $1,287, occupancy could drop to 31.2%, and ADRs may adjust down to $142.
- 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 Ishpeming.
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 Ishpeming seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Ishpeming (2025)
Exploring the top neighborhoods for short-term rentals in Ishpeming? 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 |
|---|---|---|
| Downtown Ishpeming | The heart of the city with access to local restaurants and shops. Great for guests wanting to experience the local community vibe and events. | Al Quaal Recreation Area, Ishpeming Historical Museum, Local boutiques, Biking and hiking trails, Restaurants and cafes |
| Lake Ishpeming | A beautiful area for those wanting to relax by the water and enjoy outdoor activities. Ideal for families and nature lovers. | Swimming and fishing, Picnic areas, Nature trails, Boat rentals, Scenic views |
| Teal Lake | A serene area with stunning views and outdoor recreational opportunities. Appeals to tourists looking for tranquility and nature. | Teal Lake Park, Kayaking and canoeing, Fishing spots, Hiking trails, Wildlife viewing |
| Ishpeming Ski Resort | Popular among winter sports enthusiasts, this area attracts tourists during ski season. Perfect for adventure seekers. | Skiing and snowboarding, Snowshoeing and snowmobiling, Winter festivals, Equipment rentals, Scenic winter views |
| Van Riper State Park | A great spot for nature enthusiasts and those wanting to explore Michigan's natural beauty. Offers a range of outdoor activities. | Hiking trails, Camping sites, Fishing and swimming, Wildlife viewing, Picnic areas |
| College Avenue | Close to Northern Michigan University, this area attracts students and visitors attending events and programs. | Cultural events, Student activities, Local restaurants, Coffee shops, Community events |
| Negaunee | Just a short drive from Ishpeming, this area offers additional attractions and a quiet residential feel for guests looking for a retreat. | Iron Ore Heritage Trail, Local parks, Historic sites, Community festivals, Dining options |
| West Ishpeming | A residential area that provides a local atmosphere. Ideal for guests wanting a cozy and community-oriented stay. | Local markets, Community parks, Quiet neighborhoods, Nearby hiking trails, Friendly locals |
Understanding Airbnb License Requirements & STR Laws in Ishpeming (2025)
While Ishpeming, 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 Ishpeming to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Ishpeming (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Ishpemingbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Atv Snowmobile Trail, Close to Marquette sleeps 18
Entire Place • 9 bedrooms
The Black Pearl: A Pirate Hideaway
Entire Place • 3 bedrooms
Home away from home
Entire Place • 3 bedrooms
Park St Retreat- 1 MI From Snowmobile Trail 3BR
Entire Place • 4 bedrooms
Lake Bancroft Cottage
Entire Place • 2 bedrooms
The Bluff
Entire Place • 2 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Ishpeming (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Ishpeming 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 |
|---|---|---|---|---|
| Nikki | 1 | $61,225 | 21 | 5.00/5.0 |
| Rebecca | 1 | $47,838 | 25 | 4.96/5.0 |
| Scott | 2 | $47,573 | 9 | 2.50/5.0 |
| Spencer | 3 | $46,520 | 56 | 4.92/5.0 |
| Deanna | 1 | $36,280 | 7 | 5.00/5.0 |
| Jenna | 1 | $35,097 | 73 | 4.93/5.0 |
| Melanie | 2 | $34,552 | 180 | 4.91/5.0 |
| Robert | 1 | $34,370 | 90 | 4.92/5.0 |
| Heather | 1 | $33,748 | 39 | 4.72/5.0 |
| Dan | 2 | $31,273 | 93 | 4.96/5.0 |
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 Ishpeming.
Dive Deeper: Advanced Ishpeming STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Ishpeming. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsIshpeming Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Ishpeming
- The Ishpeming Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 100% of the 30 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Ishpeming, Apartment/Condo properties are the most common (56.7%), reflecting the local real estate landscape.
- Houses represent a significant 43.3% portion, catering likely to families or larger groups.
Ishpeming Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Ishpeming
- The dominant room capacity in Ishpeming is 1 bedroom listings, making up 36.7% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 2 bedrooms properties represent 63.4% of the active Airbnb listings in Ishpeming, indicating a high concentration in these sizes.
- A significant 33.3% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Ishpeming.
Ishpeming Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Ishpeming
- The most common guest capacity trend in Ishpeming vacation rentals is listings accommodating 2 guests (26.7%). This suggests the primary traveler segment is likely couples or solo travelers.
- Properties designed for 2 guests and 6 guests dominate the Ishpeming STR market, accounting for 50.0% of listings.
- 50.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Ishpeming.
- On average, properties in Ishpeming are equipped to host 4.9 guests.
Ishpeming Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Ishpeming
- The most common availability pattern in Ishpeming falls within the 181-270 days range, representing 43.3% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 66.6% 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 Ishpeming (43.3%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 33.3% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Ishpeming Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
17 listings
60.7% of total
2 Nights
6 listings
21.4% of total
3 Nights
3 listings
10.7% of total
30+ Nights
2 listings
7.1% of total
Key Insights
- The most prevalent minimum stay requirement in Ishpeming is 1 Night, adopted by 60.7% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (82.1%) of the Ishpeming Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 60.7% of Ishpeming hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 7.1% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Ishpeming.
Ishpeming Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
5 listings
17.9% of total
Moderate
10 listings
35.7% of total
Firm
12 listings
42.9% of total
Strict
1 listings
3.6% of total
Cancellation Policy Insights for Ishpeming
- The prevailing Airbnb cancellation policy trend in Ishpeming is Firm, used by 42.9% of listings.
- There's a relatively balanced mix between guest-friendly (53.6%) and stricter (46.5%) policies, offering choices for different guest needs.
- Strict cancellation policies are quite rare (3.6%), potentially making listings with this policy less competitive unless justified by high demand or property type.
Recommendations for Hosts
- Consider adopting a Firm policy to align with the 42.9% market standard in Ishpeming.
- Using a Strict policy might deter some guests, as only 3.6% of listings use it. Evaluate if potential revenue protection outweighs possible lower booking rates.
- Regularly review your cancellation policy against competitors and market demand shifts in Ishpeming.
Ishpeming STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Ishpeming
- The overall average booking lead time for vacation rentals in Ishpeming is 60 days.
- Guests book furthest in advance for stays during July (average 105 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 32 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (86 days avg.) sees the longest lead times, while Spring (54 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (60 days) as a baseline for your pricing and availability strategy in Ishpeming.
- For July stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 105 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 86 days) to capture early planners.
- Monitor your own booking lead times against these Ishpeming averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Ishpeming (2025)
Amenity Prevalence
Amenity Insights for Ishpeming
- Essential amenities in Ishpeming that guests expect include: Heating, TV, Wifi, Bed linens, Dishes and silverware, Refrigerator, Hot water, Microwave, Coffee maker, Kitchen. Lacking these (any) could significantly impact bookings.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Ishpeming: Heating, TV, Wifi, Bed linens, Dishes and silverware, Refrigerator, Hot water, Microwave, Coffee maker, Kitchen.
- Prioritize adding missing essentials: Kitchen.
- 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 Ishpeming to stay competitive.
Ishpeming Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Ishpeming
- The typical guest profile for Airbnb in Ishpeming consists of primarily domestic travelers (100%), often arriving from nearby Grand Rapids, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 99.5% of guests.
- Key international markets include United States (99.5%) and Belgium (0.3%).
- Top languages spoken are English (80.9%) followed by Spanish (5.5%).
- 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 Grand Rapids and Chicago.
- 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 Ishpeming 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 |
|---|---|---|---|---|
| Rowleys Bay | 17 | $5,239 | $392.89 | 49% |
| Ellison Bay | 15 | $5,036 | $356.73 | 59% |
| Town of Baileys Harbor | 36 | $4,815 | $401.52 | 55% |
| Sister Bay | 77 | $4,798 | $387.07 | 49% |
| Egg Harbor | 75 | $4,655 | $372.55 | 49% |
| Town of Liberty Grove | 51 | $4,496 | $350.70 | 54% |
| Marquette Township | 17 | $4,367 | $314.37 | 52% |
| Town of Egg Harbor | 42 | $4,258 | $318.15 | 50% |
| Dollar Bay | 12 | $4,207 | $250.41 | 51% |
| Town of Townsend | 10 | $4,181 | $349.35 | 46% |