Lake Orion, MI Airbnb Market Data, Statistics, and Occupancy Rates

Lake Orion Short-Term Rental Market Overview

Lake Orion, MI, is a compact lakeside market with just 21 active Airbnb listings and an average occupancy rate of 47% — five percentage points above Michigan's state average. With an average annual revenue of $39,083 and strong summer seasonality driven by its lakefront appeal, the market rewards investors who target the right property size and lean into peak-season demand. A 74% year-over-year growth in active listings signals rising investor interest, though the small supply base means even a few new entrants can shift competitive dynamics.

Key Market Statistics

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

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

Why Investors Consider Lake Orion

Investors are drawn to Lake Orion for its lakefront lifestyle appeal, manageable competition, and occupancy rates that outperform the broader Michigan market.

Expert Market Assessment

"Lake Orion presents an attractive opportunity for STR investors who are comfortable with seasonal revenue swings. The market's strength concentrates in the May-through-September window, when monthly revenues climb from roughly $3,654 to a July peak of $4,784 — more than double the February low of $1,725. With an ROI score of 61 out of 100 and above-average marks for both market growth and supply/demand balance, the fundamentals support entry, particularly for investors targeting 3-bedroom homes that capture the bulk of the market's revenue. The relatively high average home value of $788,672 does temper the revenue-to-price ratio, making careful deal sourcing essential."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Lake Orion

Average revenue by month in Lake Orion

Lake Orion's revenue peaks sharply in July at $4,784 and bottoms out in February at $1,725, creating a spread of over $3,000 between the strongest and weakest months. This pronounced seasonality — with June through September all exceeding $3,700 — means investors should plan cash reserves to cover the slower winter stretch from January through March.

Active Airbnb listings by property size in Lake Orion

Supply in Lake Orion is split between 3-bedroom listings (8 units) and 1-bedroom listings (5 units), with no 2-bedroom, 4-bedroom, or studio options currently represented. This gap could signal an opportunity for investors to differentiate with mid-size or larger properties that aren't yet competing in the market.

Average daily rate (ADR) by property size in Lake Orion

ADR nearly doubles from $119 for 1-bedroom units to $212 for 3-bedroom properties, reflecting the premium guests are willing to pay for more space in a lakeside setting. Given that 3-bedroom homes also boast significantly higher occupancy, the rate premium translates directly into stronger overall revenue performance.

Average RevPAN by property size in Lake Orion

Three-bedroom listings generate $138 in RevPAN compared to just $26 for 1-bedroom units — a striking 5x difference driven by both higher rates and dramatically better occupancy. This makes the 3-bedroom configuration the clear winner for investors prioritizing revenue per available night.

Average occupancy rates by property size in Lake Orion

Three-bedroom properties achieve 65% occupancy in Lake Orion, roughly three times the 22% rate seen in 1-bedroom listings. The low 1-bedroom occupancy suggests limited demand for smaller units, making cash-flow stability much harder to achieve at that property size.

Average monthly revenue by property size in Lake Orion

Monthly revenue for 3-bedroom properties averages $3,099, nearly four times the $799 earned by 1-bedroom units. The gap underscores how critical property size selection is in Lake Orion, where family and group travelers likely drive most of the booking volume.

Average annual revenue by property size in Lake Orion

Three-bedroom homes in Lake Orion generate roughly $37,198 in annual revenue, accounting for the vast majority of the market's earning potential, while 1-bedroom units bring in approximately $9,589. For investors evaluating return potential, the 3-bedroom configuration offers nearly 4x the annual income of smaller units, making it the clear focus for maximizing yield.

Most common amenities for Airbnb listings in Lake Orion

Kitchens (100%), self check-in (95%), and parking (91%) are table-stakes amenities in Lake Orion, while outdoor features like backyards (81%), BBQ grills (71%), and patio/balcony access (67%) reflect the market's lakeside, leisure-oriented character. Over half of listings offer lake access (52%), and investors who can secure waterfront properties — currently at 38% of listings — may command meaningful rate premiums.

Understanding Lake Orion's ROI Score: 61/100

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

Lake Orion's ROI score of 61 out of 100 places it in the 'Attractive Opportunity' band, reflecting solid underlying demand and a favorable supply/demand balance. The market earns above-average marks for growth trend and supply/demand dynamics, though the revenue-to-price ratio and occupancy stability land at average — largely because home values are relatively high and winter occupancy drags down annual consistency. Pairing this data with a thorough review of local permitting rules and property-level underwriting will help investors determine whether a specific deal pencils out.

Short-Term Rental Regulations in Lake Orion

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

Permit Requirements

Lake Orion and the state of Michigan may require short-term rental operators to obtain permits or register their properties before listing them. Investors should verify current requirements directly with the Village of Lake Orion or Orion Township offices and the Michigan Department of Licensing and Regulatory Affairs.

Key Restrictions

Common restrictions in similar Michigan markets include occupancy limits, minimum stay requirements, noise ordinances, and parking regulations. HOA rules can also impose additional constraints, so it's important to review any applicable covenants before purchasing a property intended for short-term rental use.

Tax Obligations

Short-term rental hosts in Michigan are typically subject to the state's 6% use tax and may owe local accommodations or tourism taxes depending on the jurisdiction. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a local tax professional.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Lake Orion's lakefront draw should continue pushing summer occupancy and rates higher, with peak monthly revenues likely holding in the $4,500–$4,800 range during July and August. The above-average market growth trend and favorable supply/demand balance suggest ADR could see modest gains of 2–4%, particularly for well-positioned 3-bedroom properties. Winter months will remain softer — expect revenues in the $1,700–$2,000 range — so investors should budget for pronounced seasonality rather than flat year-round income."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Lake Orion, MI

What is the average Airbnb occupancy rate in Lake Orion?

The average Airbnb occupancy rate in Lake Orion is currently 47%, which is notably higher than the 42% state average for Michigan. Occupancy varies significantly by property size — 3-bedroom listings achieve roughly 65% occupancy, while 1-bedroom units average around 22%. Seasonal demand peaks during the summer months, so annual averages reflect a blend of strong summer bookings and quieter winter periods.

How much do Airbnb hosts make in Lake Orion?

Airbnb hosts in Lake Orion earn an average of $3,256 per month and approximately $39,083 per year, based on trailing 12-month booking data. Revenue varies significantly by property size: 3-bedroom listings average $37,198 annually, while 1-bedroom units bring in roughly $9,589 per year. Peak summer months like July can generate around $4,784, whereas February tends to be the softest month at about $1,725.

Is Lake Orion a good market for Airbnb investment?

Lake Orion scores 61 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' tier. The market benefits from above-average supply/demand balance and growth trends, along with occupancy rates that outperform Michigan's state average. However, the average home value of $788,672 means the revenue-to-price ratio is average, so investors should focus on well-priced properties — particularly 3-bedroom homes — to maximize returns.

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

The average daily rate for Airbnb listings in Lake Orion is $231, which is well below the Michigan state average of $350. Rates scale with property size: 1-bedroom listings average $119 per night, while 3-bedroom properties command about $212. The lower ADR relative to the state average reflects the market's positioning as a lakeside getaway rather than a luxury destination.

Are short-term rentals legal in Lake Orion?

Short-term rentals operate in Lake Orion, as evidenced by the 21 active Airbnb listings currently in the market. However, local regulations can change, and operators may need permits or registration. Investors should check directly with the Village of Lake Orion, Orion Township, and relevant Michigan state agencies to confirm current rules before purchasing a property for STR use.

When is peak season for Airbnb in Lake Orion?

Peak season in Lake Orion runs from June through August, with July delivering the highest average monthly revenue at $4,784. June and August also perform strongly at $4,132 and $4,477, respectively. The shoulder months of May and September still generate solid returns above $3,600, while winter months from December through February are the slowest, with February averaging just $1,725.

How many Airbnbs are there in Lake Orion?

There are currently 21 active Airbnb listings in Lake Orion as of April 2026. The market has seen significant growth, with a 74% year-over-year increase in active listings. The supply is concentrated in two property sizes: 8 listings with 3 bedrooms and 5 listings with 1 bedroom, suggesting there may be opportunities in other configurations.

How is Airbnb revenue calculated in Lake Orion?

The annual and monthly revenue figures shown for Lake Orion 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, removes regional outliers, and rolls the remainder into a market-level historical average. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks and slower periods. Individual results can vary based on property quality, pricing strategy, and how actively a host manages their listing.

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 Lake Orion market
• Average daily rates, occupancy rates, and RevPAN metrics tracked over time
• Monthly and annual revenue estimates based on trailing 12-month booking performance
• Property size breakdowns showing how listings and performance vary by bedroom count
• Data sourced from Rabbu proprietary analytics and Zillow Home Value Index for consistency

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) 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 obligations can change; investors should verify current rules with municipal and state authorities before purchasing.