Michigan · Market rankings
Best Airbnb Investment Markets in Michigan
Michigan markets ranked by modelled gross yield — annual short-term rental revenue against modelled purchase price. A first screen, not a buy signal.
| # | Market | Modelled gross yield | Nightly rate | Occupancy | Peak season |
|---|---|---|---|---|---|
| 1 | Detroit, MIWayne County | 14% | $158 | 57% | Apr–May–Jun |
| 2 | Traverse City, MIGrand Traverse County | 14% | $265 | 57% | Jun–Jul–Aug |
| 3 | Petoskey, MIEmmet County | 13% | $252 | 54% | Jun–Jul–Aug |
| 4 | Frankenmuth, MISaginaw County | 13% | $198 | 54% | Apr–May–Oct |
| 5 | Saugatuck, MIAllegan County | 13% | $282 | 53% | Jun–Jul–Aug |
| 6 | South Haven, MIVan Buren County | 13% | $262 | 53% | Jun–Jul–Aug |
| 7 | Grand Haven, MIOttawa County | 13% | $258 | 53% | Jun–Jul–Aug |
| 8 | Charlevoix, MICharlevoix County | 13% | $265 | 52% | Jun–Jul–Aug |
| 9 | Mackinac Island, MIMackinac County | 12% | $332 | 50% | Jun–Jul–Aug |
Gross yield is modelled revenue ÷ modelled purchase price. Purchase prices are modelled from nightly-rate benchmarks, so always re-run the math with a real asking price on the market's investment page. Operating costs are modelled at 32% of gross revenue for a nightly rental (cleaning, supplies, utilities, platform fees, maintenance, insurance) and 14% for a monthly rental. Financing assumes a 25% down payment and a 30-year loan at 7%. These are planning assumptions, not quotes — replace them with your own numbers.
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