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

As of Apr, 27 2026

Rabbu ROI Score

72 / 100

Ludington offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.

Ludington Short-Term Rental Market Overview

Ludington, MI is a Lake Michigan beach town where short-term rental investors can tap into strong summer tourism demand and an above-average revenue-to-price ratio. With an ROI score of 72 out of 100, the market earns an "Attractive Opportunity" rating driven by healthy RevPAN relative to property costs averaging $453,952. The 48 active Airbnb listings indicate a compact, less saturated market, though sharp seasonality means investors should plan for significant revenue swings between summer peaks and winter lows.

Key Market Statistics

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

Key Airbnb and short-term rental market statistics.
Metric Context Value
Active Airbnb Listings As of Apr, 27 2026 48
Average Daily Rate (ADR) vs. $350 state avg. $289
Average Occupancy Rate vs. 42% state avg. 23%
RevPAN ADR * Occupancy Rate $67
Average Monthly Revenue Historical 12-month average $3,970
Average Annual Revenue Historical 12-month average $47,646

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

Why Investors Consider Ludington

Ludington's favorable revenue-to-price ratio, lakefront tourism appeal, and compact supply make it a compelling option for investors seeking seasonal vacation rental income in western Michigan.

Key investment factors

  • Above-average revenue-to-price ratio means stronger yield potential relative to acquisition costs
  • Lake Michigan tourism drives concentrated summer demand that produces outsized peak-season revenue
  • Small supply of just 48 active listings limits direct competition and supports pricing power
  • Year-over-year listing growth of 83% reflects rising investor interest and market visibility
  • Outdoor-oriented amenities like lake access and BBQ grills align with guest preferences, supporting differentiation

Expert Market Assessment

"Ludington presents a compelling but distinctly seasonal investment opportunity. July revenue averages $10,998 per listing — more than ten times the February figure of $794 — so investors need to budget for dramatic off-season softness and price aggressively during the summer window. The above-average revenue-to-price ratio and occupancy stability scores reinforce that well-managed properties can generate meaningful returns, though the below-average supply/demand balance suggests new entrants should monitor competition closely. Overall, this is a market that rewards operators who lean into peak-season optimization and keep carrying costs manageable through the quieter months."

— Rabbu Market Analysis Team

Understanding Ludington's ROI Score: 72/100

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

What This Means for Investors

Ludington's ROI score of 72 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio and strong occupancy stability — two factors that together account for 70% of the score. Market growth trend also scores above average, reflecting the 83% year-over-year increase in active listings, though the below-average supply/demand balance is worth watching as more inventory enters this small market. Pairing these metrics with thorough research into local STR regulations and seasonal cash-flow planning will give investors the clearest picture of what Ludington can deliver.

Short-Term Rental Regulations in Ludington

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

Permit Requirements

Short-term rental operators in Ludington, Michigan may be required to obtain a local permit or register their property with the city before listing. Investors should verify current requirements directly with Ludington city officials and Mason County authorities, as STR regulations in Michigan communities can vary significantly.

Key Restrictions

Common restrictions in Michigan vacation rental markets include occupancy limits based on bedroom count, minimum-stay requirements during certain seasons, noise ordinances, and off-street parking mandates. HOA or deed restrictions may also apply to specific properties, so reviewing any covenants before purchasing is essential.

Tax Obligations

Short-term rental hosts in Michigan are generally subject to the state's 6% use tax and may owe local lodging or excise taxes depending on the municipality. Many booking platforms collect and remit certain taxes on the host's behalf, but operators should confirm their full tax obligations with a local tax advisor.

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

Short-Term Rental Financing for Ludington

Financing an Airbnb investment in Ludington 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 Ludington Lender →

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Ludington's short-term rental market is expected to continue benefiting from its lakeside appeal and growing visitor interest — active listings grew 83% year over year, signaling increasing investor confidence. Summer months should remain the primary revenue driver, with July and August likely sustaining ADRs in the $250–$475 range depending on property size. Occupancy outside the June–September window will probably hover in the low-to-mid teens percentage-wise, so annual returns will hinge heavily on maximizing peak-season pricing. Investors who position properties with outdoor amenities and flexible booking strategies could see modest 2–4% revenue gains as the market matures."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Ludington, MI

What is the average Airbnb occupancy rate in Ludington?
The average Airbnb occupancy rate in Ludington is currently 23%, which falls below Michigan's state average of 42%. This reflects the market's strong seasonality — occupancy surges during the summer beach season and drops significantly in the colder months. Smaller properties tend to stay fuller, with 1-bedroom listings averaging 32% occupancy compared to 17% for 4-bedroom homes.
How much do Airbnb hosts make in Ludington?
Airbnb hosts in Ludington earn an average of $3,970 per month and approximately $47,646 per year based on trailing 12-month booking data. Revenue varies substantially by season and property size. One-bedroom listings average about $49,319 annually, while 4-bedroom properties earn roughly $49,049 per year. The bulk of annual income is generated during the June through August peak season.
Is Ludington a good market for Airbnb investment?
Ludington scores 72 out of 100 on Rabbu's ROI Score, earning an "Attractive Opportunity" rating. The market benefits from an above-average revenue-to-price ratio, meaning rental income is healthy relative to property acquisition costs averaging $453,952. However, the sharply seasonal demand pattern means investors should be prepared for months where revenue dips well below $1,500. Proper peak-season pricing and low carrying costs are key to making the numbers work.
What is the average daily rate (ADR) for Airbnb in Ludington?
The average daily rate for Airbnb listings in Ludington is $289, which comes in below Michigan's state average of $350. ADR varies significantly by property size — 1-bedroom listings average $205, while 4-bedroom homes command $469 per night. These rates reflect the mix of cozy cabins and larger family-friendly vacation homes that characterize the market.
Are short-term rentals legal in Ludington?
Short-term rentals are generally permitted in Ludington, MI, though operators may need to comply with local registration or permit requirements. Regulations can change, so prospective investors should check directly with the City of Ludington and Mason County offices for the most current rules on STR operations, zoning, and any applicable restrictions.
When is peak season for Airbnb in Ludington?
Peak season in Ludington runs from June through August, driven by Lake Michigan beach tourism and warm-weather recreation. July is the highest-earning month by a wide margin, with average listing revenue reaching $10,998, followed closely by August at $10,771. Revenue drops sharply after September, with the slowest months being February ($794) and March ($1,050).
How many Airbnbs are there in Ludington?
As of April 2026, there are 48 active Airbnb listings in Ludington. The supply is evenly distributed across property sizes, with 14 three-bedroom listings making up the largest segment and 10 listings each for 1-bedroom, 2-bedroom, and 4-bedroom properties. Active listings have grown 83% year over year, indicating increasing investor interest in the market.
How is Airbnb revenue calculated in Ludington?
The annual and monthly revenue figures for Ludington 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. 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 data. Individual results can vary based on property quality, pricing strategy, and how effectively the listing is managed.

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 Ludington and surrounding areas
  • Average daily rate, occupancy, and RevPAN metrics tracked over time
  • Monthly and annual revenue estimates based on trailing 12-month booking data
  • Property value benchmarks sourced from Zillow Home Value Index (ZHVI)
  • Amenity prevalence and property size distribution across active listings

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 snapshots as of the dates noted; market conditions can shift due to seasonal patterns, regulatory changes, or economic factors. Individual property results will vary based on location, condition, pricing strategy, and management quality.

Next Steps

Ready to invest in Ludington's short-term rental market? Take action with these resources:

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