Grand Rapids, Michigan Short-Term Rental Market
AMarket Score 98/100
Quick Answer: Grand Rapids, Michigan is an active short-term rental market. average occupancy is 67%. average monthly revenue is $2,563. average daily rate is $148. the top operator is LiveSuites with 46 listings. market score is 98/100 (grade A).
Avg Monthly Revenue
$2,563
↑ 10.5% YoY
67%
Occupancy
↑ 4.6% YoY
$148
Avg Daily Rate
↑ 6.1% YoY
$99
RevPAR
↑ 11% YoY
44.3 days avg lead time5.2 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation75
Seasonality78
Investability85
Rental Demand92
Revenue Growth83
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 52% | $105 | $1,583 |
| Feb | 57% | $109 | $1,610 |
| Mar | 58% | $113 | $1,856 |
| Apr | 61% | $122 | $1,960 |
| May | 65% | $127 | $2,263 |
| Jun | 71% | $140 | $2,700 |
| Jul | 74% | $139 | $2,849 |
| Aug | 70% | $138 | $2,664 |
| Sep | 64% | $130 | $2,260 |
| Oct | 59% | $129 | $2,112 |
| Nov | 56% | $116 | $1,766 |
| Dec | 59% | $113 | $1,843 |
Top Short-Term Rental Operators in Grand Rapids
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | LiveSuites | 46 | 2,550 | ★ 4.74 |
| 2 | The Finnley Hotel | 11 | 71 | ★ 4.75 |
| 3 | Leavetown | 7 | 15 | ★ 4.20 |
| 4 | Extended Stay | 6 | 504 | ★ 4.52 |
| 5 | Livesuites | 5 | 17 | ★ 4.76 |
What Kind of STR Should I Buy in Grand Rapids?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 317 |
| 2 bed | 249 |
| 3 bed | 163 |
| 4 bed | 81 |
| 5 bed | 30 |
ADR by Property Tier
| Entire Home | $165 |
| Luxury | $303 |
| Professionally Managed | $232 |
Revenue by Dwelling Type
| Apartment | $2,629 |
| Entire Place | $2,921 |
| House | $2,520 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 64.2% |
| vrbo | 3.8% |
| both | 32% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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