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Detroit

About:

Detroit, the largest city in Michigan, is located on the banks of the Detroit River, facing Windsor, Ontario. Known for its rich cultural heritage, Detroit has significantly influenced music genres such as Motown and techno. Historically, it was a major industrial hub, particularly in the automotive sector, home to the Big Three automakers: General Motors, Ford, and Stellantis. Despite facing urban challenges and a population decline over the decades, Detroit has been revitalizing its iconic architecture and cultural sites, making it a vibrant destination for approximately 16 million visitors annually.

Population:

639111

Annual Visitors:

Total Number of STRs:

1274

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Number of 1bd:

354

Number of 2bd:

320

Number of 3bd:

324

Number of 4bd:

105

Number of 5bd+:

88

ADR:

166

Occupancy:

0.43333333333333

Avg Revenue:

1656

Rental Demand:

22.67

AVG Accommodates:

5.8

Detroit STR Regulations

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Short-Term Rental Market Overview

The short-term rental space is changing fast—and the most successful investors aren’t guessing. They’re using real data to find the right markets, price their properties effectively, and stay ahead of shifting trends.

Whether you’re evaluating a new opportunity or optimizing an existing listing, understanding local STR performance is key. From occupancy rates to projected revenue, these insights can give you a serious edge.

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