Wakefield Township Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Michigan, United States
Is Airbnb profitable in Wakefield Township in 2025? Explore comprehensive Airbnb analytics for Wakefield Township, Michigan, United States to uncover income potential. This 2025 STR market report for Wakefield Township, 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 Wakefield Township, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Wakefield 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 Wakefield Township Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Wakefield Township (2025)
Understanding the monthly revenue variations for Airbnb listings in Wakefield 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 Wakefield Township is typically February, while September often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Wakefield Township across different performance tiers:
- Best-in-class properties (Top 10%) achieve $3,719+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,309 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,359 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $881, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Wakefield Township
Wakefield Township Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Wakefield Township STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Februarysees 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 Wakefield Township:
- Best-in-class properties (Top 10%) achieve 53%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 39% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 23%.
- Entry-level properties (Bottom 25%) average 14% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Wakefield Township
Average Daily Rate (ADR) Airbnb Trends in Wakefield Township (2025)
Effective short term rental pricing strategy in Wakefield Township involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Wakefield Township typically peaks in January and dips lowest during September. 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 $358+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $267 or more.
- Typical properties (Median) charge around $195 per night.
- Entry-level properties (Bottom 25%) earn around $140 per night.
Average Daily Rate (ADR) Trend by Month in Wakefield Township
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Airbnb Seasonality Analysis & Trends in Wakefield Township (2025)
Peak Season (February, January, December)
- Revenue averages $2,855 per month
- Occupancy rates average 34.4%
- Daily rates average $262
Shoulder Season
- Revenue averages $1,603 per month
- Occupancy maintains around 27.0%
- Daily rates hold near $206
Low Season (April, September, November)
- Revenue drops to average $1,193 per month
- Occupancy decreases to average 20.6%
- Daily rates adjust to average $201
Seasonality Insights for Wakefield Township
- The Airbnb seasonality in Wakefield 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 Wakefield Township's highest earning potential, with monthly revenues capable of climbing to $3,135, occupancy reaching a high of 42.4%, and ADRs peaking at $266.
- 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 $986, occupancy could drop to 18.5%, and ADRs may adjust down to $193.
- 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 Wakefield 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 Wakefield Township seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Wakefield Township (2025)
Exploring the top neighborhoods for short-term rentals in Wakefield 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 |
|---|---|---|
| Lake Wakaw | A scenic area with beautiful lake views, ideal for families and vacationers seeking tranquil waterfront accommodations. | Lake Wakaw Park, Fishing and boating activities, Nature trails, Picnic areas, Wildlife watching |
| Historic Downtown Wakefield | This area is rich in history and charm, featuring local shops, restaurants, and cultural attractions that draw visitors year-round. | Wakefield Historical Society, Local art galleries, Unique boutiques, Seasonal festivals, Farmers markets |
| Emerald Lake | A peaceful, residential area with access to outdoor recreational activities, popular among those looking for a relaxing getaway. | Emerald Lake Park, Kayaking, Hiking trails, Picnic spots, Scenic views |
| Wakefield Township Recreation Area | A hub for outdoor enthusiasts, this area offers various activities including hiking, biking, and community events, making it a great spot for active travelers. | Trails for hiking and biking, Community sports fields, Event spaces, Playgrounds for children, Nature observation areas |
| Bicycle Lake | Known for its picturesque settings and affordable lodging options, it's a magnet for tourists interested in outdoor sports and activities. | Bicycle Lake Beach, Swimming and sunbathing, Fishing spots, Camping sites, Nature trails |
| Ida Lake | A family-friendly destination with rich natural beauty, attracting visitors for fishing, swimming, and family gatherings. | Ida Lake Park, Swimming beach, Fishing docks, Picnic tables, Nature walks |
| Hiking Trails Area | Ideal for those interested in outdoor adventures, offering diverse trails and stunning views that attract hikers and nature lovers alike. | Multiple hiking trails, Scenic lookout points, Wildflower fields, Birdwatching opportunities, Picnic areas |
| Local Vineyards | Wine enthusiasts and tourists flock to this area for its wineries, scenic landscapes, and wine tasting events, perfect for a weekend getaway. | Local wineries, Wine tasting tours, Scenic vineyards, Grape picking events, Special vineyard events |
Understanding Airbnb License Requirements & STR Laws in Wakefield Township (2025)
While Wakefield 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 Wakefield Township to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Wakefield Township (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Wakefield Townshipbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Sasquatch Lodge Vacation Home
Entire Place • 4 bedrooms
Cozy & Clean Ski In/Ski Out 2B/2B Condo w Hot Tub!
Entire Place • 2 bedrooms
Liftside Loft - SI/SO Condo @ Jackson Creek!
Entire Place • 4 bedrooms
Cute & Cozy Ski In/Ski Out 1B/1B Condo w/Hot Tub!
Entire Place • 1 bedroom
Sun Dance Apartments unit 3
Entire Place • 1 bedroom
SnowRiver Resort Condo ski in/out-(Indianhead Mtn)
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 Wakefield Township (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Wakefield 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 |
|---|---|---|---|---|
| Tim | 6 | $73,232 | 586 | 4.00/5.0 |
| Myron | 2 | $66,231 | 247 | 4.98/5.0 |
| Ewelina | 2 | $51,668 | 86 | 4.95/5.0 |
| Vic | 1 | $45,981 | 95 | 4.99/5.0 |
| Helena | 1 | $31,205 | 22 | 4.91/5.0 |
| Robert | 2 | $22,511 | 27 | 4.96/5.0 |
| Robert | 1 | $22,287 | 51 | 4.88/5.0 |
| Host #337787582 | 1 | $19,797 | 0 | 0.00/5.0 |
| William | 1 | $15,931 | 114 | 4.69/5.0 |
| Nina | 1 | $15,465 | 6 | 5.00/5.0 |
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 Wakefield Township.
Dive Deeper: Advanced Wakefield Township STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Wakefield Township. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsWakefield Township Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Wakefield Township
- The Wakefield Township 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 Wakefield Township, House properties are the most common (43.3%), reflecting the local real estate landscape.
- Houses represent a significant 43.3% portion, catering likely to families or larger groups.
- Smaller segments like others (combined 3.3%) offer potential for unique stay experiences.
Wakefield Township Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Wakefield Township
- The dominant room capacity in Wakefield Township is 2 bedrooms listings, making up 50% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 4 bedrooms properties represent 66.7% of the active Airbnb listings in Wakefield Township, indicating a high concentration in these sizes.
- A significant 30.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Wakefield Township.
Wakefield Township Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Wakefield Township
- The most common guest capacity trend in Wakefield Township vacation rentals is listings accommodating 8+ guests (50%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 8+ guests and 4 guests dominate the Wakefield Township STR market, accounting for 70.0% of listings.
- 80.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Wakefield Township.
- On average, properties in Wakefield Township are equipped to host 6.7 guests.
Wakefield Township Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Wakefield Township
- The most common availability pattern in Wakefield Township falls within the 271-366 days range, representing 80% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 93.3% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 31-90 days range is most frequent in Wakefield Township (40%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 6.7% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Wakefield Township Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
5 listings
17.2% of total
2 Nights
17 listings
58.6% of total
3 Nights
2 listings
6.9% of total
30+ Nights
5 listings
17.2% of total
Key Insights
- The most prevalent minimum stay requirement in Wakefield Township is 2 Nights, adopted by 58.6% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (75.8%) of the Wakefield Township Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
- A significant segment (17.2%) caters to monthly stays (30+ nights) in Wakefield Township, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 58.6% of Wakefield Township hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 17.2% currently do.
- A 2-night minimum appears standard (58.6%). Consider this for weekends or peak periods.
- Explore offering discounts for stays of 30+ nights to attract the 17.2% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Wakefield Township.
Wakefield Township Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
5 listings
17.9% of total
Moderate
4 listings
14.3% of total
Firm
11 listings
39.3% of total
Strict
8 listings
28.6% of total
Cancellation Policy Insights for Wakefield Township
- The prevailing Airbnb cancellation policy trend in Wakefield Township is Firm, used by 39.3% of listings.
- A majority (67.9%) of hosts in Wakefield 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 39.3% market standard in Wakefield Township.
- Regularly review your cancellation policy against competitors and market demand shifts in Wakefield Township.
Wakefield Township STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Wakefield Township
- The overall average booking lead time for vacation rentals in Wakefield Township is 55 days.
- Guests book furthest in advance for stays during February (average 82 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in May (average 33 days), indicating more last-minute travel plans during this time.
- Seasonally, Winter (71 days avg.) sees the longest lead times, while Fall (44 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (55 days) as a baseline for your pricing and availability strategy in Wakefield Township.
- For February stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 82 days out to capitalize on advance planning.
- Target marketing efforts for the Winter season well in advance (at least 71 days) to capture early planners.
- Monitor your own booking lead times against these Wakefield Township averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Wakefield Township (2025)
Amenity Prevalence
Amenity Insights for Wakefield Township
- Essential amenities in Wakefield Township that guests expect include: Fire extinguisher, TV, Smoke alarm, Kitchen, Free parking on premises, Coffee maker, Dishes and silverware. Lacking these (any) could significantly impact bookings.
- Popular amenities like Essentials, Hot water, Indoor fireplace are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Wakefield Township: Fire extinguisher, TV, Smoke alarm, Kitchen, Free parking on premises, Coffee maker, Dishes and silverware.
- Prioritize adding missing essentials: Fire extinguisher, TV, Smoke alarm, Kitchen, Free parking on premises, Coffee maker, Dishes and silverware.
- Consider adding popular differentiators like Essentials or Hot water 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 Wakefield Township to stay competitive.
Wakefield Township Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Wakefield Township
- The typical guest profile for Airbnb in Wakefield Township consists of primarily domestic travelers (100%), often arriving from nearby Madison, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 100.0% of guests.
- Top languages spoken are English (87.7%) followed by Spanish (4.6%).
- 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 Madison and Milwaukee.
- 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 Wakefield 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 |
|---|---|---|---|---|
| Lutsen | 12 | $5,430 | $386.14 | 47% |
| Tofte | 14 | $5,052 | $461.98 | 37% |
| Schroeder | 10 | $5,039 | $404.98 | 51% |
| Lutsen Township | 165 | $4,322 | $387.87 | 39% |
| West Cook | 111 | $4,243 | $335.89 | 47% |
| Tofte Township | 39 | $4,210 | $269.63 | 51% |
| Dollar Bay | 12 | $4,207 | $250.41 | 51% |
| Town of Townsend | 10 | $4,181 | $349.35 | 46% |
| Grand Marais | 56 | $3,881 | $272.95 | 50% |
| Republic Township | 12 | $3,644 | $347.58 | 44% |