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

Cedar Short-Term Rental Market Overview

Cedar, MI is a small but seasonal short-term rental market nestled in Michigan's northwest, where summer tourism drives the bulk of annual earnings. With just 28 active Airbnb listings and average annual revenue of $43,912, the market offers a low-competition environment that rewards well-positioned properties — particularly during the peak months of July and August when monthly revenue can exceed $10,000. An ROI score of 60 out of 100 signals attractive opportunity, though investors should account for significant seasonality and modest off-peak demand.

Key Market Statistics

According to Rabbu market data, the Cedar 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 Cedar

Investors are drawn to Cedar for its combination of low competition, strong summer tourism demand, and property revenue that can justify entry despite higher-than-average home values.

Expert Market Assessment

"Cedar represents a moderately attractive STR opportunity defined by sharp seasonality and a tight competitive landscape. Revenue is heavily concentrated in the summer: July alone accounts for roughly 23% of the annual total, while winter months like February dip below $1,100. The market's small listing count and average revenue-to-price ratio keep the opportunity accessible for investors who can stomach thin cash flow from November through April. Overall, Cedar fits best for investors who view the property as a seasonal income producer — potentially one they use personally in the off-season — rather than a year-round cash-flow machine."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Cedar

Average revenue by month in Cedar

Cedar's revenue pattern is sharply seasonal — July leads at $10,034 per listing, roughly ten times what hosts earn in February ($1,009), the weakest month. The June-through-September stretch generates the vast majority of annual income, making summer pricing strategy and availability management critical for maximizing returns.

Active Airbnb listings by property size in Cedar

Supply in Cedar is nearly evenly split among 1-bedroom (7 listings), 2-bedroom (6 listings), and 3-bedroom (7 listings) properties, with 20 of the 28 total listings falling in these categories. The balanced distribution means no single size class dominates, though the slightly lower count of 2-bedroom units — combined with their superior revenue metrics — could signal an opportunity for investors targeting that configuration.

Average daily rate (ADR) by property size in Cedar

Two-bedroom properties command the highest ADR at $247, edging out 3-bedrooms at $215, while 1-bedrooms trail significantly at $92. The outsized jump from 1-bedroom to 2-bedroom pricing suggests that adding a second bedroom unlocks a substantially higher-paying guest segment in this market.

Average RevPAN by property size in Cedar

Two-bedroom listings deliver the strongest RevPAN at $91, well ahead of 3-bedrooms at $57 and 1-bedrooms at $25. This gap indicates that 2-bedroom properties not only charge higher rates but also maintain better occupancy, making them the most efficient revenue generators per available night.

Average occupancy rates by property size in Cedar

Two-bedroom listings lead occupancy at 37%, meaningfully above 1-bedrooms (28%) and 3-bedrooms (27%). For investors prioritizing cash-flow consistency, the 2-bedroom segment offers the best year-round booking density in Cedar's seasonal landscape.

Average monthly revenue by property size in Cedar

Monthly revenue is strongest for 2-bedroom properties at $4,448, with 3-bedrooms close behind at $3,852, while 1-bedroom units earn just $1,120 per month. The gap between 1-bedroom and 2-bedroom monthly income is nearly 4x, underscoring how much revenue potential scales up with that second bedroom.

Average annual revenue by property size in Cedar

Two-bedroom units top annual earnings at $53,382, outpacing 3-bedrooms ($46,224) and dwarfing 1-bedrooms ($13,442). For investors evaluating return potential, 2-bedroom properties in Cedar offer the clearest path to stronger annual revenue, though acquisition costs should be weighed against these figures.

Most common amenities for Airbnb listings in Cedar

Parking and kitchen facilities lead at 96% prevalence, followed by backyard access (93%) and patio or balcony space (86%), reflecting guest expectations for spacious, self-sufficient vacation properties. Outdoor-oriented amenities like BBQ grills (79%) and outdoor furniture (64%) are also common, while differentiators such as hot tubs (25%) and lake or beach access (11–14%) remain relatively rare — offering potential competitive advantages for properties that include them.

Understanding Cedar's ROI Score: 60/100

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

Cedar's ROI score of 60 out of 100 places it in the 'Attractive Opportunity' band, indicating a reasonable balance between revenue potential and investment cost. All four calculation factors — revenue-to-price ratio, occupancy stability, market growth trend, and supply/demand balance — register as average, meaning the market doesn't dramatically outperform or underperform on any single dimension. Investors should pair these metrics with thorough local regulatory research and a realistic seasonal cash-flow model before committing capital.

Short-Term Rental Regulations in Cedar

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

Permit Requirements

Short-term rental operators in Cedar, Michigan may need to register or obtain a permit through Leelanau County or local township authorities. Investors should verify current requirements with the relevant municipality before listing a property, as local rules can change.

Key Restrictions

Common STR restrictions in Michigan communities like Cedar can include occupancy limits tied to bedroom count, minimum stay requirements, noise ordinances, and parking mandates. HOA covenants or deed restrictions may also limit short-term rental activity in certain neighborhoods, so reviewing these before purchase is essential.

Tax Obligations

Michigan typically requires STR hosts to collect and remit state sales tax and any applicable local accommodations or use taxes. Platforms like Airbnb often handle state-level collection automatically, but investors should confirm county-level obligations with a local tax professional.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Cedar's STR market is likely to follow its established seasonal rhythm, with summer months continuing to generate the lion's share of annual income. Active listings grew 118% year over year, which could temper per-listing revenue if demand doesn't keep pace — though the market's small base of 28 listings means even modest supply additions look dramatic in percentage terms. Investors can reasonably expect ADR to hold in the $240–$260 range and occupancy to remain around 25–30% on an annual basis, with summer peaks well above that average. Pairing a strong summer pricing strategy with shoulder-season marketing will be key to maximizing returns."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Cedar, MI

What is the average Airbnb occupancy rate in Cedar?

The average occupancy rate for Airbnb listings in Cedar is currently 28%, which falls below the Michigan state average of 42%. This reflects the market's strong seasonality — summer months see much higher booking rates, while winter demand is relatively light. Among property sizes, 2-bedroom units perform best at 37% occupancy, while 1-bedroom and 3-bedroom listings hover around 27–28%.

How much do Airbnb hosts make in Cedar?

Based on trailing 12-month data, the average Airbnb host in Cedar earns approximately $43,912 per year, or about $3,659 per month. Revenue varies significantly by property size: 2-bedroom listings lead at $53,382 annually, followed by 3-bedrooms at $46,224 and 1-bedrooms at $13,442. Individual results depend on property quality, pricing strategy, and how well hosts capitalize on the high-demand summer season.

Is Cedar a good market for Airbnb investment?

Cedar earns an ROI score of 60 out of 100, which Rabbu classifies as an 'Attractive Opportunity.' The market benefits from limited supply (just 28 active listings), strong summer demand, and solid nightly rates. However, the pronounced seasonality and average home values near $835,226 mean investors should carefully model their cash flow across all 12 months. It's best suited for investors comfortable with a seasonal revenue profile.

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

The current average daily rate in Cedar is $253, which sits below the Michigan state average of $350. ADR varies by property size: 2-bedroom units command the highest rate at $247, 3-bedrooms average $215, and 1-bedrooms come in at $92. The relatively strong rates for 2-bedroom properties make them particularly compelling for investors.

Are short-term rentals legal in Cedar?

Short-term rentals operate in Cedar, MI, with 28 active Airbnb listings currently on the market. However, STR regulations can vary by township and county in Michigan, and rules may evolve. Investors should check with Leelanau County or the relevant local township for the most current permit, zoning, and licensing requirements before purchasing or listing a property.

When is peak season for Airbnb in Cedar?

Peak season in Cedar runs from June through August, with July being the standout month at an average revenue of $10,034 per listing. August follows closely at $9,202, and June comes in at $5,250. The shoulder months of May, September, and October still produce meaningful income ($3,233–$4,590), while November through April represents the slower off-season with monthly revenue ranging from roughly $1,009 to $1,642.

How many Airbnbs are there in Cedar?

As of April 2026, there are 28 active Airbnb listings in Cedar, MI. The supply is fairly evenly distributed: 7 one-bedroom listings, 6 two-bedroom listings, and 7 three-bedroom listings (with the remainder in other configurations). The market saw 118% year-over-year growth in listing count, though this rapid percentage increase reflects Cedar's small base rather than a flood of new inventory.

How is Airbnb revenue calculated in Cedar?

The annual and monthly revenue figures shown for Cedar 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. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, drops regional outliers, and rolls the remainder into a market-level historical average. Because each month uses its own historical performance data, seasonal peaks (like July at $10,034) and slower months (like February at $1,009) are naturally reflected. 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 Cedar, MI and surrounding areas
• Average daily rate, occupancy, and RevPAN metrics by property size
• Monthly and annual revenue estimates based on trailing 12-month booking performance
• Popular amenity prevalence data across active listings
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)

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 averages and may not capture very recent market shifts. Local regulations, HOA restrictions, and tax obligations vary — investors should consult local authorities and professionals before purchasing.