Prescott, Michigan Short-Term Rental Market
Quick Answer: Prescott, Michigan is an active short-term rental market. average occupancy in the Michigan Area market area is 61%. average monthly revenue in the Michigan Area market area is $3,812. average daily rate in the Michigan Area market area is $248.
Avg Monthly Revenue
$3,812
↑ 3.5% YoY
61%
Occupancy
↑ 0.2% YoY
$248
Avg Daily Rate
↑ 3% YoY
$151
RevPAR
↑ 3.2% YoY
Market data reflects the Michigan Area regional market, which includes Prescott. Regulations, taxes, and permit details below are specific to Prescott.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 39% |
| Feb | 44% |
| Mar | 44% |
| Apr | 48% |
| May | 52% |
| Jun | 62% |
| Jul | 71% |
| Aug | 64% |
| Sep | 46% |
| Oct | 45% |
| Nov | 42% |
| Dec | 45% |
Month-by-month nightly rates and revenue figures for Prescott are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
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