Petoskey, Michigan Short-Term Rental Market
CMarket Score 70/100
Quick Answer: Petoskey, Michigan is an active short-term rental market. average occupancy is 27%. average monthly revenue is $1,790. average daily rate is $239. the top operator is Northern Michigan Escapes with 198 listings. market score is 70/100 (grade C).
Avg Monthly Revenue
$1,790
↓ 2.1% YoY
27%
Occupancy
↓ 12.1% YoY
$239
Avg Daily Rate
↑ 3.9% YoY
$64
RevPAR
↓ 8.7% YoY
45.2 days avg lead time3.1 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation72
Seasonality45
Investability98
Rental Demand48
Revenue Growth90
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 35% | $321 | $3,135 |
| Feb | 43% | $324 | $3,410 |
| Mar | 25% | $266 | $2,150 |
| Apr | 28% | $212 | $1,596 |
| May | 45% | $247 | $1,962 |
| Jun | 59% | $304 | $3,846 |
| Jul | 75% | $326 | $6,124 |
| Aug | 67% | $319 | $5,562 |
| Sep | 41% | $270 | $3,060 |
| Oct | 39% | $239 | $2,621 |
| Nov | 24% | $214 | $1,681 |
| Dec | 46% | $290 | $2,465 |
Top Short-Term Rental Operators in Petoskey
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Northern Michigan Escapes | 198 | 9,917 | ★ 4.69 |
| 2 | Evolve | 136 | 6,096 | ★ 4.71 |
| 3 | Graham Management | 73 | 1,277 | ★ 4.74 |
| 4 | Pure Vacation Management | 61 | 339 | ★ 4.73 |
| 5 | Vacation Properties of Northern Michigan | 45 | 2,209 | ★ 4.89 |
What Kind of STR Should I Buy in Petoskey?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 898 |
| 2 bed | 1,101 |
| 3 bed | 1,156 |
| 4 bed | 678 |
| 5 bed | 403 |
ADR by Property Tier
| Entire Home | $242 |
| Luxury | $373 |
| Professionally Managed | $271 |
Revenue by Dwelling Type
| Apartment | $1,255 |
| Entire Place | $1,812 |
| House | $2,090 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 29.2% |
| vrbo | 17.7% |
| both | 53.1% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Analyze My Property →Home Value Trends (Petoskey)
Typical Home Value
$471,449
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