Chelsea, Michigan Short-Term Rental Market
Quick Answer: Chelsea, Michigan is an active short-term rental market. average occupancy is 67%. average monthly revenue is $3,568. average daily rate is $211.
Avg Monthly Revenue
$3,568
↑ 1.5% YoY
67%
Occupancy
↑ 0.4% YoY
$211
Avg Daily Rate
↑ 3.3% YoY
$141
RevPAR
↑ 3.7% YoY
Market data reflects the Ann Arbor regional market, which includes Chelsea. Regulations, taxes, and permit details below are specific to Chelsea.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 49% | $130 | $1,832 |
| Feb | 57% | $131 | $1,854 |
| Mar | 61% | $148 | $2,368 |
| Apr | 61% | $172 | $2,406 |
| May | 51% | $184 | $2,532 |
| Jun | 66% | $175 | $2,946 |
| Jul | 69% | $173 | $3,112 |
| Aug | 73% | $183 | $3,542 |
| Sep | 60% | $244 | $3,668 |
| Oct | 55% | $234 | $3,448 |
| Nov | 50% | $230 | $3,069 |
| Dec | 45% | $157 | $2,204 |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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