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

As of Apr, 27 2026

Rabbu ROI Score

53 / 100

Charlevoix presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.

Charlevoix Short-Term Rental Market Overview

Charlevoix, MI is a quintessential northern Michigan lakeside market where summer tourism drives dramatic seasonal revenue spikes — July and August listings average nearly $7,900 per month. With 112 active Airbnb listings and an average annual revenue of $40,160, the market rewards investors who can navigate pronounced seasonality and elevated home prices averaging $843,413. A 64% year-over-year increase in active listings signals growing investor interest, though current occupancy sits at 22%, well below the 42% state average, underscoring that selective deal sourcing is essential here.

Key Market Statistics

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

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 112
Average Daily Rate (ADR) vs. $350 state avg. $248
Average Occupancy Rate vs. 42% state avg. 22%
RevPAN ADR * Occupancy Rate $54
Average Monthly Revenue Historical 12-month average $3,346
Average Annual Revenue Historical 12-month average $40,160

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

Why Investors Consider Charlevoix

Charlevoix attracts investor attention for its premium lakefront setting and strong summer demand, though elevated property costs and seasonal softness call for disciplined underwriting.

Key investment factors

  • Peak summer months (July–August) generate roughly 2–3× the market's monthly average, creating concentrated but substantial earning windows
  • Larger properties (4–5 bedrooms) command significantly higher RevPAN and annual revenue, rewarding investors who target group-travel demand
  • Waterfront and lake access amenities on 26–32% of listings signal a guest base willing to pay premium nightly rates
  • Average home values of $843,413 create a high barrier to entry that can limit speculative competition over time
  • Below-state-average occupancy (22% vs. 42%) leaves room for well-positioned, amenity-rich properties to outperform the market median

Expert Market Assessment

"Charlevoix presents a competitive opportunity — strong summer demand and premium nightly rates are counterbalanced by a sharp off-season dip and a supply base that grew 64% year over year. The revenue spread between April ($1,094) and July ($7,915) illustrates just how seasonal this market is; investors who can weather lean months stand to benefit from outsized summer cash flow. Larger properties consistently outperform on RevPAN and occupancy, suggesting the strongest returns come from homes positioned for family reunions, group getaways, and extended lakefront stays. With an ROI score of 53 out of 100, Charlevoix is best suited for investors who can source deals below the average home value and differentiate through amenities and guest experience."

— Rabbu Market Analysis Team

Understanding Charlevoix's ROI Score: 53/100

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

Factor Charlevoix Performance Weight
Revenue-to-Price Ratio Average 40%
Occupancy Stability Average 30%
Market Growth Trend Average 15%
Supply/Demand Balance Below average 15%

What This Means for Investors

Charlevoix's ROI score of 53 out of 100 places it in the 'Competitive Opportunity' band — meaning the underlying demand and revenue potential are real, but investors face headwinds from elevated home prices and a supply base that's growing faster than occupancy can currently absorb. Revenue-to-Price Ratio and Occupancy Stability both score as 'Average,' while the Supply/Demand Balance rates 'Below average,' reflecting that 64% listing growth. Pairing this data with thorough local regulatory research and targeting underserved property sizes (especially 4-bedroom homes) can help tilt the equation in an investor's favor.

Short-Term Rental Regulations in Charlevoix

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

Permit Requirements

Charlevoix, Michigan may require short-term rental permits or registration depending on local zoning and township ordinances. Investors should verify current permit requirements directly with the City of Charlevoix and Charlevoix County before listing a property.

Key Restrictions

Common restrictions in Michigan resort communities can include occupancy limits tied to septic or bedroom capacity, minimum-stay requirements during certain seasons, noise and parking regulations, and potential HOA or deed restrictions that limit or prohibit short-term rentals. Some jurisdictions also impose caps on the number of STR permits issued, so early research is critical.

Tax Obligations

Short-term rental operators in Michigan are generally subject to the state's 6% use tax and may owe local or county-level lodging or assessment fees. Many booking platforms collect and remit state taxes automatically, but hosts should confirm whether any local occupancy taxes apply in Charlevoix and ensure full compliance.

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

Short-Term Rental Financing for Charlevoix

Financing an Airbnb investment in Charlevoix requires lenders who understand STR income. Rabbu partner lenders offer:

  • DSCR Loans: Qualify based on property income, not personal income
  • Low Down Payment: As low as 10–15% for investment properties
  • Fast Closing: 21–30 day average close times
  • STR Experience: Lenders who understand vacation rental underwriting
Connect with a Charlevoix Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Charlevoix's short-term rental market is expected to remain heavily summer-weighted, with July and August continuing to generate the lion's share of annual revenue. The rapid 64% growth in active listings may put modest downward pressure on occupancy and ADR unless demand keeps pace, so investors should anticipate occupancy settling in the 20–25% range market-wide. ADR could see incremental gains of 1–3% on larger properties that cater to family and group travel, but smaller units may face stiffer competition as supply expands. Investors entering now should model conservatively around current revenue levels and treat any upside as a bonus rather than a baseline."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Charlevoix, MI

What is the average Airbnb occupancy rate in Charlevoix?
The average occupancy rate for Airbnb listings in Charlevoix is currently 22%, which sits below the Michigan state average of 42%. This reflects the market's pronounced seasonality — summer months drive the bulk of bookings while shoulder and winter months see substantially lower demand. Property size matters too: 4-bedroom listings lead with a 41% occupancy rate, while 1-bedroom units average just 17%.
How much do Airbnb hosts make in Charlevoix?
On average, Airbnb hosts in Charlevoix earn approximately $3,346 per month and $40,160 per year based on trailing 12-month booking data. Revenue varies widely by property size: 1-bedroom units average around $27,351 annually, while 5-bedroom homes can pull in roughly $78,249 per year. Summer months are by far the strongest, with July averaging $7,915 in monthly revenue.
Is Charlevoix a good market for Airbnb investment?
Charlevoix scores a 53 out of 100 on Rabbu's ROI Score, categorized as a 'Competitive Opportunity.' The market offers strong summer revenue potential and premium nightly rates, but average home values of $843,413 and below-average occupancy mean returns depend heavily on deal sourcing and property positioning. Investors targeting larger properties (4+ bedrooms) and emphasizing lake-oriented amenities tend to see the best performance. It's a market that rewards strategic operators rather than passive investors.
What is the average daily rate (ADR) for Airbnb in Charlevoix?
The current average daily rate across all Airbnb listings in Charlevoix is $248, which comes in below the Michigan state average of $350. ADR scales meaningfully with property size: 1- and 2-bedroom units average around $132–$134 per night, while 5-bedroom homes command approximately $492. Three-bedroom properties also perform well at $338 per night.
Are short-term rentals legal in Charlevoix?
Short-term rentals do operate in Charlevoix, Michigan, with 112 active Airbnb listings currently in the market. However, local zoning rules, permit requirements, and potential restrictions can vary by township and municipality. Prospective investors should check directly with the City of Charlevoix and relevant county offices to confirm permitting requirements, any caps on licenses, and applicable tax obligations before purchasing a property.
When is peak season for Airbnb in Charlevoix?
Peak season in Charlevoix runs through July and August, when average monthly revenue reaches $7,915 and $7,779 respectively — more than double the annual monthly average. June and September serve as strong shoulder months at $3,696 and $3,314. The slowest period is April at just $1,094, with November also on the softer side at $1,158. This extreme seasonality is typical of northern Michigan lakefront destinations.
How many Airbnbs are there in Charlevoix?
As of April 2026, there are 112 active Airbnb listings in Charlevoix. The market has seen significant growth, with a 64% year-over-year increase in active listings. Supply is fairly distributed, with 1-bedroom units (34 listings) making up the largest single segment, followed by 3-bedroom (28) and 2-bedroom (27) properties. Larger homes with 4 and 5 bedrooms are less common at 13 and 5 listings respectively.
How is Airbnb revenue calculated in Charlevoix?
The annual and monthly revenue figures shown for Charlevoix 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, remove regional outliers, and roll the results up to a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks (like July's $7,915 average) and slower months (like April's $1,094). Individual results can vary based on property quality, pricing strategy, location within the market, 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 Charlevoix and surrounding areas
  • Average daily rates, occupancy rates, and RevPAN tracked over trailing 12-month periods
  • Monthly and annual revenue estimates broken down by property size
  • Amenity prevalence data across active listings to benchmark guest expectations
  • Home value data sourced from Zillow Home Value Index (ZHVI) for acquisition cost context

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. Local regulations, permit requirements, and tax obligations may change; always verify with local authorities before investing. Individual property results will vary based on location, condition, amenity offerings, pricing strategy, and management quality.

Next Steps

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