Calumet, MI Airbnb Market Data, Statistics, and Occupancy Rates

Calumet Short-Term Rental Market Overview

Calumet, MI presents a compelling entry point for short-term rental investors, combining an above-average revenue-to-price ratio with average home values of just $240,467. With 80 active Airbnb listings generating an average annual revenue of $22,216 and a market-wide ADR of $204, this Upper Peninsula destination offers meaningful cash-flow potential at a fraction of the acquisition cost found in most Michigan markets. The ROI score of 73 out of 100 reflects an attractive opportunity driven by favorable property pricing relative to income.

Key Market Statistics

According to Rabbu market data, the Calumet short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Calumet

Calumet's unusually strong revenue-to-price ratio makes it a standout for investors seeking affordable entry with solid income potential in Michigan's Upper Peninsula.

Expert Market Assessment

"Calumet earns an "Attractive Opportunity" designation, scoring 73 out of 100 on the ROI scale. The market's strength lies in its favorable price-to-income dynamics — property values remain accessible while revenue holds steady, particularly during the summer peak when monthly earnings can top $3,100. Seasonality is pronounced, with April ($800) and November ($923) representing the softest months, so investors should plan cash reserves accordingly. The below-average supply/demand balance warrants attention, as the rapid growth in listings may temporarily pressure occupancy rates before demand fully catches up."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Calumet

Average revenue by month in Calumet

Calumet's revenue follows a pronounced seasonal curve, with July ($3,188) and August ($3,128) delivering roughly four times the income of the slowest month, April ($800). A notable secondary peak in October ($2,472) extends the earning window into fall, while winter months like January ($1,707) and February ($1,931) suggest modest demand from snow-season visitors.

Active Airbnb listings by property size in Calumet

Supply is distributed almost evenly across 1-bedroom (23), 2-bedroom (22), and 3-bedroom (22) listings, meaning no single property size dominates the market. This balanced spread suggests there may be less differentiation opportunity based on size alone, though investors could explore larger configurations (4+ bedrooms) that appear underrepresented.

Average daily rate (ADR) by property size in Calumet

ADR climbs steadily with bedroom count, from $150 for 1-bedrooms up to $202 for 3-bedroom properties — a 35% premium for adding two bedrooms. The jump from 2 bedrooms ($165) to 3 bedrooms ($202) is especially notable, suggesting that the extra space commands a meaningful nightly rate increase.

Average RevPAN by property size in Calumet

Three-bedroom listings lead with a RevPAN of $88, more than double the $40 earned by 1-bedroom units, while 2-bedrooms come in at $79. The significant gap between 1-bedroom and larger configurations signals that occupancy and rate together strongly favor multi-bedroom properties in this market.

Average occupancy rates by property size in Calumet

Two-bedroom listings achieve the highest occupancy at 48%, followed by 3-bedrooms at 44%, while 1-bedroom units lag considerably at just 27%. For cash-flow stability, investors should note that the smaller units face meaningfully lower demand, making multi-bedroom properties the safer bet in Calumet.

Average monthly revenue by property size in Calumet

Monthly revenue differences across sizes are relatively narrow — 3-bedroom listings earn $1,671 per month compared to $1,656 for 2-bedrooms and $1,374 for 1-bedrooms. The modest $297 gap between the smallest and largest configurations means acquisition cost and occupancy rates become the key differentiators for investment returns.

Average annual revenue by property size in Calumet

Three-bedroom listings top annual revenue at $20,055, with 2-bedrooms close behind at $19,878 and 1-bedrooms at $16,497. Given Calumet's low home values, the roughly $20,000 annual revenue from a 2- or 3-bedroom property represents a strong revenue-to-price ratio that underpins the market's overall investment appeal.

Most common amenities for Airbnb listings in Calumet

Parking (98%) and a full kitchen (95%) are near-universal, reflecting the expectations of guests driving to this rural Upper Peninsula destination. Niche amenities like ski-in/ski-out (11%), sauna (9%), and beach access (9%) appear on a smaller share of listings, suggesting that properties offering these features could stand out and command premium rates.

Understanding Calumet's ROI Score: 73/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Calumet's ROI score of 73 out of 100 places it in the "Attractive Opportunity" band, primarily driven by its above-average revenue-to-price ratio — the single most heavily weighted factor in the score. Occupancy stability and market growth trend both register as average, while the supply/demand balance scores below average, likely reflecting the 127% year-over-year surge in new listings. Investors should pair these data points with local regulatory research and on-the-ground due diligence to confirm that the favorable pricing dynamics align with their return targets.

Short-Term Rental Regulations in Calumet

Understanding local STR regulations is essential before investing in Calumet. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Calumet, Michigan may need to obtain a local permit or register their property with the village or Houghton County before listing. Investors should verify current requirements directly with local officials, as Michigan does not impose a statewide STR licensing framework.

Key Restrictions

Common restrictions that may apply include occupancy limits tied to bedroom count, noise ordinances, parking requirements for guests, and potential HOA rules that could limit or prohibit short-term rentals in certain neighborhoods. Some jurisdictions in Michigan also enforce minimum stay requirements or cap the number of STR permits issued in a given area.

Tax Obligations

Michigan levies a 6% state use tax on short-term accommodations, and Houghton County or the village of Calumet may impose additional local lodging or assessment taxes. Platforms like Airbnb typically collect and remit state taxes on behalf of hosts, but operators should confirm local obligations are also covered.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Calumet can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Calumet's STR market is expected to maintain its seasonal rhythm, with summer months (July–August) continuing to anchor annual revenue and a secondary bump in fall foliage season around October. ADR may see modest increases in the 2–4% range as listing supply catches up with growing traveler interest — active listings grew 127% year-over-year, so occupancy stability will be the metric to watch. Investors should anticipate occupancy settling in the 38–44% range as the market absorbs new supply, with stronger performers likely outpacing averages by optimizing pricing around peak demand windows."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Calumet, MI

What is the average Airbnb occupancy rate in Calumet?

The average Airbnb occupancy rate in Calumet is currently 41%, which is closely aligned with the Michigan state average of 42%. Occupancy varies significantly by property size — 2-bedroom listings lead at 48%, while 1-bedroom units average just 27%. Investors targeting higher occupancy should consider multi-bedroom configurations that appeal to families and groups.

How much do Airbnb hosts make in Calumet?

Airbnb hosts in Calumet earn an average of $1,851 per month and approximately $22,216 per year based on the trailing 12-month historical average. Earnings vary by property size, with 3-bedroom listings pulling in about $20,055 annually and 1-bedroom units earning around $16,497. Summer months like July ($3,188) and August ($3,128) drive the bulk of annual income.

Is Calumet a good market for Airbnb investment?

Calumet scores 73 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" tier. Its standout feature is an above-average revenue-to-price ratio — average home values of $240,467 are well below the state average, while annual revenue of $22,216 provides a meaningful return on investment. Investors should be mindful of seasonal demand swings and the recent surge in new listings when evaluating long-term potential.

What is the average daily rate (ADR) for Airbnb in Calumet?

The average daily rate for Airbnb listings in Calumet is $204, which sits below the Michigan state average of $350. ADR scales with property size: 1-bedroom units average $150, 2-bedrooms average $165, and 3-bedroom listings command about $202 per night. The lower ADR relative to the state average reflects Calumet's positioning as a value-oriented market.

Are short-term rentals legal in Calumet?

Short-term rentals are generally permitted in Calumet, Michigan, though operators may need to obtain local permits or register with the relevant municipal or county authorities. Regulations can change, so investors should check with the Village of Calumet or Houghton County for the most current rules on STR permitting, zoning, and tax obligations before purchasing a property.

When is peak season for Airbnb in Calumet?

Peak season in Calumet runs from July through October, with July ($3,188) and August ($3,128) generating the highest average monthly revenues. October also performs well at $2,472, likely driven by fall foliage tourism. The slowest months are April ($800) and November ($923), so investors should budget for seasonal income fluctuations.

How many Airbnbs are there in Calumet?

There are currently 80 active Airbnb listings in Calumet as of April 2026. The supply is evenly distributed across property sizes, with 23 one-bedroom, 22 two-bedroom, and 22 three-bedroom listings. Notably, active listings have grown 127% year-over-year, indicating significant investor and host interest in the market.

How is Airbnb revenue calculated in Calumet?

The annual and monthly revenue figures for Calumet are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, drop regional outliers, and roll the remainder up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently rather than to forecasts, while still naturally reflecting seasonal peaks and slower months because each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Calumet, MI market
• Occupancy rates and average daily rate (ADR) trends by property size
• Revenue and yield metrics including RevPAN, monthly, and annual averages
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Data aggregated from multiple providers and proprietary Rabbu analytics for consistency

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and market conditions may have shifted since the reporting period. Local regulations, HOA rules, and tax obligations vary and should be independently verified before making investment decisions.