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View PropertiesAs of Apr, 27 2026
Grand Marais, Michigan is a micro-market on the Lake Superior shoreline with just 12 active Airbnb listings, offering investors an unusually low-competition entry point. Average annual revenue sits at $44,797 per listing, driven by a dramatic summer peak—August alone averages $8,478—while the average daily rate of $283 comes in below Michigan's $350 state average but is paired with a 45% occupancy rate that edges above the 42% state benchmark. For investors drawn to Upper Peninsula tourism and outdoor recreation, this small-scale market rewards those who can capture seasonal demand effectively.
According to Rabbu market data, the Grand Marais short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 12 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $283 |
| Average Occupancy Rate | vs. 42% state avg. | 45% |
| RevPAN | ADR * Occupancy Rate | $127 |
| Average Monthly Revenue | Historical 12-month average | $3,733 |
| Average Annual Revenue | Historical 12-month average | $44,797 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors are drawn to Grand Marais for its extremely limited supply, Lake Superior appeal, and occupancy rates that outperform the Michigan state average despite the market's seasonal profile.
Key investment factors
"Grand Marais presents a niche opportunity rather than a high-volume play—its 12 active listings and strong summer revenue curve make it appealing for investors comfortable with pronounced seasonality. Peak months from June through September account for the lion's share of annual earnings, with August topping $8,478 in average revenue, while November dips to just $972. The market's occupancy edge over the state average and its below-average ADR suggest guests are finding value here, which keeps demand steady even as pricing remains moderate. Investors who optimize for peak-season bookings and manage costs carefully during winter can extract solid returns from this remote lakeside destination."
— Rabbu Market Analysis Team
Grand Marais exhibits extreme seasonality: August leads at $8,478 in average revenue, while November bottoms out at just $972—a roughly 8.7x spread between peak and trough. The core earning window runs June through October, accounting for the vast majority of annual income, so investors should budget for very lean winter months.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,761 |
| February |
|
$3,577 |
| March |
|
$1,617 |
| April |
|
$1,292 |
| May |
|
$2,539 |
| June |
|
$4,697 |
| July |
|
$8,080 |
| August |
|
$8,478 |
| September |
|
$4,812 |
| October |
|
$4,047 |
| November |
|
$972 |
| December |
|
$1,919 |
Property size breakdowns are not currently available for this market. With only 12 total listings, the inventory is too small to segment meaningfully by bedroom count, though this also signals that virtually any well-positioned property type could find demand.
| Size | Trend | Value |
|---|
ADR data by property size is not available for Grand Marais at this time. The market-wide average of $283 per night provides a useful baseline, but investors should research comparable properties individually to estimate rate potential for specific bedroom configurations.
| Size | Trend | Value |
|---|
RevPAN breakdowns by property size are not currently reported for this market. The overall market RevPAN of $127 per available night reflects the combined effect of the $283 ADR and 45% occupancy rate, and serves as a starting benchmark for investment analysis.
| Size | Trend | Value |
|---|
Occupancy data segmented by bedroom count is unavailable for Grand Marais. The market-wide 45% average occupancy rate—above the Michigan state average—suggests healthy demand, though individual performance will depend heavily on property features like lake access and seasonal pricing adjustments.
| Size | Trend | Value |
|---|
Monthly revenue by property size is not broken out in the current data. At the market level, the $3,733 average monthly revenue reflects the blended effect of strong summer peaks and quiet winter months across all listing types.
| Size | Trend | Value |
|---|
Annual revenue by property size is not available for this micro-market. The overall average of $44,797 per listing per year provides a useful benchmark, though properties with premium features such as lake or beach access may outperform this figure significantly.
| Size | Trend | Value |
|---|
Parking is universal (100%) among Grand Marais listings, while kitchens, BBQ grills, and backyards each appear in 92% of properties—reflecting the outdoor-recreation character of this market. Lake access (50%) and beach access (42%) are notable differentiators, and investors offering waterfront or beachfront positioning may command pricing premiums given that only 25% and 17% of listings currently feature those amenities.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
92% |
| BBQ Grill |
|
92% |
| Backyard |
|
92% |
| Self Check-in |
|
83% |
| Outdoor Furniture |
|
75% |
| Dryer |
|
58% |
| Lake Access |
|
50% |
| Washer |
|
50% |
| Workspace |
|
50% |
| Beach Access |
|
42% |
| Patio or Balcony |
|
42% |
| Waterfront |
|
25% |
| Beachfront |
|
17% |
Understanding local STR regulations is essential before investing in Grand Marais. Here's the current regulatory landscape:
Short-term rental operators in Grand Marais, Michigan may need to register or obtain a permit from local authorities in Alger County. Investors should verify current requirements with the Township and the State of Michigan before listing a property.
Common restrictions in similar Michigan communities can include occupancy limits, noise ordinances, parking requirements, and minimum-stay provisions. HOA covenants may also apply to certain properties, so reviewing deed restrictions and local zoning rules is an important step before purchasing.
Michigan generally requires short-term rental operators to collect and remit state sales tax and any applicable local accommodations taxes. Many booking platforms handle tax collection automatically, but hosts should confirm compliance with Michigan's Department of Treasury.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Grand Marais can provide current regulatory guidance.
Financing an Airbnb investment in Grand Marais requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Grand Marais should continue to benefit from growing interest in remote, nature-focused getaways across Michigan's Upper Peninsula. Summer months (June through September) will likely remain the primary revenue engine, and modest ADR increases of 1–3% are plausible as demand for lakeside retreats stays firm. The off-season from November through April will remain soft, so investors should plan for average monthly revenues potentially dipping below $1,500 during those months. With supply still limited at 12 listings, any uptick in regional tourism could meaningfully boost individual property performance."
— Rabbu Market Analysis Team
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.
Rabbu proprietary analytics as of Apr, 27 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 and tax requirements are subject to change; always verify with municipal and state authorities before investing.
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