Thompsonville, Michigan Short-Term Rental Market
Thompsonville STRs averaged $233/night at 38.1% occupancy in April 2026, anchored by Crystal Mountain Resort.
Quick Answer: Thompsonville, Michigan is an active short-term rental market. average occupancy in the Traverse City market area is 64%. average monthly revenue in the Traverse City market area is $6,344. average daily rate in the Traverse City market area is $411. the top operator in the Traverse City market area is Vacasa with 179 listings. market score is 60/100 (grade C).
Market data reflects the Traverse City regional market, which includes Thompsonville. Regulations, taxes, and permit details below are specific to Thompsonville.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
The Thompsonville, MI short-term rental market is centered on Crystal Mountain Resort, a four-season destination that drives demand from Midwest visitors year-round. As of April 2026, the market recorded an average daily rate of $233 and occupancy of 38.1%, producing a RevPAR of $89. The market holds roughly 5,178 active listings when combining all channels, with entire-place rentals dominating at 5,020 listings (97%) versus 158 private rooms.
Bedroom distribution skews toward smaller units: 1-bedroom (1,295 listings) and 2-bedroom (1,503 listings) together account for more than half the supply, followed by 3-bedroom (1,231), 4-bedroom (703), and 5-bedroom-plus (440). On the channel side, 2,923 properties list on both Airbnb and Vrbo, while 1,472 list exclusively on Airbnb and 783 on Vrbo alone.
Year-over-year, occupancy declined 4.1% while ADR rose 4.7%, producing essentially flat revenue growth of 0.4%. The market score breakdown shows investability at 84.1 out of 100 and revenue growth at 78.8, partially offset by a seasonality score of 45.1 that reflects the significant swing between summer peaks and winter slow periods.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 32% |
| Feb | 39% |
| Mar | 35% |
| Apr | 40% |
| May | 52% |
| Jun | 64% |
| Jul | 79% |
| Aug | 71% |
| Sep | 49% |
| Oct | 45% |
| Nov | 29% |
| Dec | 39% |
Month-by-month nightly rates and revenue figures for Thompsonville are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Traverse City market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Traverse City market as a whole, which includes Thompsonville, so these counts are not Thompsonville-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Vacasa | 179 | 5,712 | ★ 4.46 |
| 2 | Elevated Homes & Hospitality | 125 | 4,924 | ★ 4.78 |
| 3 | The Mitten Group Property Management | 109 | 9,508 | ★ 4.79 |
| 4 | True North Property Management | 107 | 3,603 | ★ 4.56 |
| 5 | Evolve | 94 | 4,157 | ★ 4.76 |
What Kind of STR Should I Buy in Thompsonville?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Thompsonville are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 28.4% |
| vrbo | 15.1% |
| both | 56.5% |
Home Value Trends (Thompsonville)
Typical home values, median sale prices, and the 10-year price trend for Thompsonville are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Thompsonville — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Thompsonville operates in one of Michigan’s more permissive STR environments. The Village of Thompsonville, Weldon Township, and Colfax Township share the Greater Thompsonville Area Zoning Ordinance (effective May 2015), which does not single out short-term rentals as a regulated use. No permit is required to operate an STR in this area.
State tax obligations apply regardless of local rules. Michigan imposes a 6% use tax on stays under 30 days. Airbnb collects and remits this tax automatically; operators on Vrbo or direct-booking channels are responsible for filing with the Michigan Department of Treasury. Benzie County does not impose a county accommodations tax.
There is no owner-occupancy requirement, no primary-residence requirement, and no cap on annual rental nights. Enforcement severity is rated low. Operators should verify any HOA or deed restrictions specific to Crystal Mountain residential pods, which may carry additional rental rules. Operators are also advised to confirm compliance with building, septic, and noise requirements through Weldon Township.
Straywide, Michigan’s 2024 STR regulatory package (HB 5437 to 5446) was introduced but not enacted as of May 2026, leaving the current permissive framework intact.
Market Comparison
Thompsonville’s 38.1% occupancy in April 2026 sits below the U.S. STR median of approximately 55%, which is expected for a post-peak spring month in a seasonal resort market. The $233 ADR is slightly above the national median of approximately $220 for comparable rural resort destinations, reflecting Crystal Mountain’s pricing power and the premium commanded by northwest Michigan lakefront access.
Year-over-year, occupancy contracted 4.1% while ADR grew 4.7%. This pattern, rising rates alongside soft occupancy, is consistent with supply growth outpacing demand in the post-pandemic normalization period across Michigan resort markets.
Among property managers, Vacasa leads with 179 listings. Elevated Homes and Hospitality follows with 125 listings and a strong 4.78 rating. The Mitten Group Property Management holds 109 listings with the highest review volume at 9,508 reviews and a 4.79 rating. True North Property Management (107 listings) and Evolve (94 listings, 4.76 rating) round out the top five. The combined top-5 operator count of 614 listings represents roughly 11.9% of the 5,178 total market listings.
Frequently Asked Questions About Thompsonville, Michigan
What is the average Airbnb income in Thompsonville, MI?
Do I need a permit to run an Airbnb in Thompsonville, MI?
What is the peak season for short-term rentals in Thompsonville?
How does the Thompsonville STR market score on investability?
What home prices should I expect when buying an STR property in Thompsonville?
Which property management companies operate in Thompsonville, MI?
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