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

Interlochen Short-Term Rental Market Overview

Interlochen, MI, is a lake-rich community in northern Michigan where short-term rental revenue is heavily driven by summer tourism — July listings average $8,444 in monthly revenue, more than eight times the winter low. With an ROI score of 64 out of 100 and an above-average revenue-to-price ratio, the market presents meaningful upside for investors who price in its pronounced seasonality. A compact supply of just 43 active Airbnb listings keeps competition manageable, though occupancy currently sits at 25%, well below the Michigan state average of 42%.

Key Market Statistics

According to Rabbu market data, the Interlochen 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 Interlochen

Interlochen appeals to investors seeking favorable revenue-to-property-cost ratios in a seasonal vacation destination with limited existing supply.

Expert Market Assessment

"Interlochen represents a moderately attractive opportunity for investors comfortable with pronounced seasonality. The summer months — particularly June through September — deliver the bulk of annual revenue, with July alone generating roughly $8,444 per listing on average. Outside peak season, revenue drops sharply, and the 25% average occupancy rate signals that most properties sit empty for significant stretches. That said, the above-average revenue-to-price ratio and a compact competitive set of 43 listings create conditions where well-positioned properties, especially 3-bedroom homes with lake access, can generate solid returns despite the seasonal swings."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Interlochen

Average revenue by month in Interlochen

Interlochen's revenue curve is extremely seasonal — July peaks at $8,444 per listing while January bottoms out at just $983, an 8.6x spread that underscores how dependent returns are on the summer window. The June-through-September corridor accounts for the lion's share of annual income, making summer pricing optimization critical for investors.

Active Airbnb listings by property size in Interlochen

One-bedroom properties dominate supply with 15 of 43 total listings, followed by 10 two-bedrooms and 9 three-bedrooms. The relatively balanced distribution across sizes suggests there's no dramatically underserved segment, though the smaller count of 3-bedroom units paired with their stronger revenue metrics could signal an opportunity for investors willing to acquire larger properties.

Average daily rate (ADR) by property size in Interlochen

ADR climbs sharply with bedroom count: 1-bedrooms average $142, 2-bedrooms reach $208, and 3-bedroom properties command $376 — nearly 2.7x the rate of a single-bedroom listing. This steep premium suggests guests in Interlochen are willing to pay significantly more for space, making larger properties the strongest candidates for rate-driven revenue strategies.

Average RevPAN by property size in Interlochen

Revenue per available night tells a compelling story for larger units, with 3-bedroom properties generating $150 in RevPAN compared to just $59 for 2-bedrooms and $25 for 1-bedrooms. The 6x gap between 1- and 3-bedroom RevPAN reflects both higher rates and meaningfully better occupancy at the larger end of the spectrum.

Average occupancy rates by property size in Interlochen

Occupancy increases consistently with property size: 1-bedrooms fill just 18% of available nights, 2-bedrooms reach 29%, and 3-bedroom listings lead at 40%. For cash-flow stability, investors should note that even the best-performing size category sits below the state average of 42%, reinforcing the seasonal character of this market.

Average monthly revenue by property size in Interlochen

Three-bedroom properties generate the highest average monthly revenue at $5,388, roughly 2.8x the $1,927 earned by 1-bedroom units. Two-bedroom listings land in between at $3,464, making them a viable mid-tier option for investors seeking a lower acquisition cost while still capturing meaningful income.

Average annual revenue by property size in Interlochen

On an annual basis, 3-bedroom properties lead decisively at $64,667, compared to $41,568 for 2-bedrooms and $23,127 for 1-bedrooms. Given average home values of $539,398, investors should carefully evaluate whether the incremental revenue from a 3-bedroom unit justifies its purchase price relative to smaller configurations.

Most common amenities for Airbnb listings in Interlochen

Parking (93%), self check-in (91%), and a full kitchen (86%) are table-stakes amenities in Interlochen, reflecting a guest base that expects rural convenience and independence. Notably, 51% of listings offer lake access and 44% feature waterfront positioning — amenities that likely command significant rate premiums and should be prioritized by investors looking to differentiate.

Understanding Interlochen's ROI Score: 64/100

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

Interlochen's ROI score of 64 out of 100 places it in the "Attractive Opportunity" band, anchored primarily by an above-average revenue-to-price ratio that suggests rental income is strong relative to local property costs. Occupancy stability and market growth trend are rated average, while supply/demand balance scores below average — likely reflecting the 138% year-over-year increase in active listings outpacing demand growth. Investors should pair this score with thorough local regulatory research and conservative off-season income projections before committing capital.

Short-Term Rental Regulations in Interlochen

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

Permit Requirements

Short-term rental operators in Interlochen and surrounding Green Lake Township in Michigan may need to register or obtain a permit before listing a property. Investors should verify current requirements with the local township office and the State of Michigan, as regulations in northern Michigan communities have been evolving.

Key Restrictions

Common restrictions in Michigan STR markets can include occupancy limits tied to bedroom count, minimum-stay requirements during certain seasons, noise and parking rules, and HOA covenants that may prohibit or limit rentals. Some townships in the Grand Traverse County area have considered or enacted caps on the number of permits issued, so it's worth confirming availability before purchasing.

Tax Obligations

Michigan imposes a 6% state use tax on short-term accommodations, and some counties levy an additional assessment or convention and tourism tax. Platforms like Airbnb often collect and remit these taxes on the host's behalf, but operators should confirm their specific obligations with a local tax professional.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Interlochen's summer-centric demand pattern is expected to remain the primary revenue engine, with July and August likely accounting for roughly 40% of annual income. ADR may edge up in the range of 2–5% for peak months given limited supply and strong seasonal interest, though winter occupancy will probably stay soft. The 138% year-over-year growth in active listings suggests new supply is entering the market quickly, which could moderate pricing power if demand doesn't keep pace. Investors should budget conservatively for the October-through-April stretch and treat summer earnings as the core of their return projection."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Interlochen, MI

What is the average Airbnb occupancy rate in Interlochen?

The average occupancy rate for Airbnb listings in Interlochen is currently 25%, compared to the Michigan state average of 42%. Occupancy varies significantly by property size: 1-bedroom units average 18%, 2-bedrooms sit at 29%, and 3-bedroom properties lead at 40%. The lower overall figure reflects the market's strong seasonality, with most bookings concentrated in the summer months.

How much do Airbnb hosts make in Interlochen?

Airbnb hosts in Interlochen earn an average of $3,249 per month, which translates to roughly $38,997 annually based on the trailing 12-month average. Earnings vary considerably by property size — 1-bedroom listings average $23,127 per year, 2-bedrooms bring in about $41,568, and 3-bedroom properties lead at $64,667. Keep in mind that summer months account for a disproportionate share of this income.

Is Interlochen a good market for Airbnb investment?

Interlochen earns an ROI score of 64 out of 100 from Rabbu, placing it in the "Attractive Opportunity" range. The market benefits from an above-average revenue-to-price ratio and limited competition with only 43 active listings. However, occupancy stability is average and supply/demand balance is below average, so investors should model returns carefully around the summer peak and plan for leaner off-season months.

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

The average daily rate in Interlochen is $278, which is below the Michigan state average of $350. ADR scales meaningfully with property size: 1-bedroom listings average $142, 2-bedrooms come in at $208, and 3-bedroom properties command $376 per night. Larger properties with premium amenities like lake access or waterfront location tend to anchor the higher end of the rate spectrum.

Are short-term rentals legal in Interlochen?

Short-term rentals are generally permitted in the Interlochen area, though operators may need to obtain a permit or register with the local township. Michigan STR regulations vary by jurisdiction, and communities in the Grand Traverse County region have been actively updating their rules. It's essential to check with local authorities and review any HOA restrictions before purchasing an investment property.

When is peak season for Airbnb in Interlochen?

Peak season in Interlochen runs from June through August, with July being the single strongest month at an average revenue of $8,444 per listing. August follows closely at $7,597, and June averages $4,642. Shoulder months like September ($4,133) and October ($3,424) still generate decent income before the market slows significantly for winter, when monthly revenue can dip below $1,000 in January.

How many Airbnbs are there in Interlochen?

There are currently 43 active Airbnb listings in Interlochen as of April 2026. The supply breaks down to 15 one-bedroom properties, 10 two-bedroom properties, and 9 three-bedroom properties. Notably, active listings have grown 138% year-over-year, indicating rising investor interest in this market.

How is Airbnb revenue calculated in Interlochen?

The annual and monthly revenue figures for Interlochen 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 up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since 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 Interlochen, MI market
• Average daily rate, occupancy rate, and RevPAN trends across property sizes
• Monthly and annual revenue estimates based on trailing 12-month booking data
• Popular amenity prevalence across active listings
• Home value data sourced from 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 current listing snapshots; market conditions can shift due to regulatory changes, economic factors, or new supply entering the market. Individual property results will vary based on location, amenities, pricing strategy, and management quality.