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

Manistique Short-Term Rental Market Overview

Manistique, MI stands out as a compelling short-term rental market with an ROI score of 87 out of 100, driven by above-average revenue-to-price ratios and strong occupancy stability. With average home values around $296,377 and annual STR revenue averaging $40,411, the market offers an attractive entry point compared to Michigan's broader averages. The small supply of just 23 active listings signals a tight, tourism-driven market where waterfront and lake-access properties command premium guest interest during the warm months.

Key Market Statistics

According to Rabbu market data, the Manistique 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 Manistique

Manistique attracts investors because of its favorable revenue-to-price ratio, seasonal tourism demand anchored by Lake Michigan and Upper Peninsula recreation, and a compact supply environment that limits direct competition.

Expert Market Assessment

"Manistique represents a standout opportunity for STR investors willing to embrace a highly seasonal market. Revenue peaks sharply in July and August — with monthly averages reaching $8,868 and $9,610 respectively — while the off-season from March through April dips below $1,000 per month. The favorable revenue-to-price dynamics and above-average occupancy stability help offset this seasonality, and the compact listing pool means well-positioned properties can capture outsized share during peak demand. Investors who plan for lean winter months and maximize summer earnings stand to benefit most here."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Manistique

Average revenue by month in Manistique

Manistique's revenue cycle is intensely seasonal, with August topping out at $9,610 and July close behind at $8,868, while the slowest months — March ($807) and April ($700) — earn less than a tenth of peak levels. This roughly 13x spread between peak and trough months means investors should plan for strong summer cash flow to carry the property through quieter winter periods.

Active Airbnb listings by property size in Manistique

The market's 23 active listings are concentrated in just two size categories: 10 three-bedroom and 9 two-bedroom properties. This narrow supply mix could signal opportunity for investors willing to offer larger or more unique property configurations that are currently absent from the market.

Average daily rate (ADR) by property size in Manistique

Three-bedroom properties command an ADR of $272 compared to $205 for two-bedroom units, representing a 33% premium for the additional bedroom. Given the relatively modest cost difference between acquiring a two- and three-bedroom home in many UP markets, the larger configuration appears to offer a stronger rate-to-cost trade-off.

Average RevPAN by property size in Manistique

RevPAN diverges dramatically between the two property sizes: three-bedroom listings generate $106 per available night versus just $32 for two-bedroom properties. This more than 3x difference reflects both the higher ADR and substantially better occupancy that three-bedroom units achieve in this market.

Average occupancy rates by property size in Manistique

Three-bedroom properties maintain a 39% occupancy rate — more than double the 16% seen for two-bedroom units. For investors prioritizing cash-flow consistency, the three-bedroom configuration clearly delivers more reliable booking volume throughout the year.

Average monthly revenue by property size in Manistique

Three-bedroom listings lead with an average monthly revenue of $3,714 compared to $3,378 for two-bedroom properties, a modest $336 monthly gap. While the difference appears small on a monthly basis, the three-bedroom advantage compounds over a full year and reflects much stronger underlying occupancy and RevPAN metrics.

Average annual revenue by property size in Manistique

On an annual basis, three-bedroom properties generate approximately $44,574 compared to $40,542 for two-bedroom units. Given the significantly higher occupancy and RevPAN for three-bedroom listings, they represent the stronger investment configuration in Manistique's current market.

Most common amenities for Airbnb listings in Manistique

Kitchens (100%) and parking (96%) are essentially non-negotiable for Manistique listings, while outdoor-focused amenities like backyards (78%), BBQ grills (74%), and waterfront access (61%) reflect the market's nature-tourism identity. Investors should prioritize these outdoor amenities along with pet-friendliness (52%) to align with guest expectations in this lakeside destination.

Understanding Manistique's ROI Score: 87/100

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

Manistique's ROI score of 87 out of 100 places it in the Standout Opportunity tier, reflecting above-average performance across revenue-to-price ratio, occupancy stability, and market growth trend, with supply/demand balance rated as average. The strong revenue-to-price ratio is particularly noteworthy given average home values of $296,377 against $40,411 in annual revenue, suggesting favorable yield potential relative to acquisition cost. Investors should pair these metrics with thorough local regulatory research and account for the market's pronounced seasonality when modeling returns.

Short-Term Rental Regulations in Manistique

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

Permit Requirements

Short-term rental operators in Manistique, Michigan may need to obtain a local permit or register their property with Schoolcraft County or the City of Manistique before listing. Investors should verify current requirements directly with local government offices, as rules can evolve.

Key Restrictions

Common restrictions that may apply include occupancy limits based on property size, minimum stay requirements, noise and nuisance ordinances, parking capacity rules, and any applicable HOA covenants. Michigan's Upper Peninsula communities sometimes adopt seasonal or zoning-based restrictions, so reviewing local ordinances before purchasing is strongly recommended.

Tax Obligations

STR hosts in Michigan are generally subject to the state's 6% use tax and may owe local lodging or tourism taxes depending on the jurisdiction. Platforms like Airbnb often collect and remit certain taxes automatically, but operators should confirm their full obligation with a tax professional familiar with Michigan STR regulations.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Manistique's STR market is expected to continue benefiting from Michigan's Upper Peninsula tourism appeal, with summer months likely sustaining peak revenues in the $8,000–$9,600 range. Listing growth has been notable at 69% year-over-year, so investors should monitor whether new supply begins to pressure occupancy or ADR. Current market growth trends are above average, and we estimate ADR could hold steady or see modest 2–4% increases as the area's popularity grows, though shoulder-season occupancy around 16–27% will remain a key variable to watch."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Manistique, MI

What is the average Airbnb occupancy rate in Manistique?

The average occupancy rate for Airbnb listings in Manistique is currently 27%, which is below the Michigan state average of 42%. This reflects the market's strong seasonality — occupancy climbs significantly during summer months when tourism peaks, while winter and early spring see much lower booking activity. Three-bedroom properties tend to perform better at around 39% occupancy compared to 16% for two-bedroom units.

How much do Airbnb hosts make in Manistique?

Airbnb hosts in Manistique earn an average of $3,367 per month or approximately $40,411 per year based on trailing 12-month performance data. Revenue varies significantly by season, with August being the strongest month at around $9,610 and April the slowest at roughly $700. Three-bedroom properties edge ahead with about $44,574 in annual revenue compared to $40,542 for two-bedroom listings.

Is Manistique a good market for Airbnb investment?

With an ROI score of 87 out of 100, Manistique is rated as a standout opportunity for short-term rental investment. The market benefits from above-average revenue-to-price ratios — average home values sit around $296,377 against roughly $40,411 in annual STR revenue — and occupancy stability is rated above average. The key consideration is the pronounced seasonality, with the bulk of revenue concentrated in June through September, so investors should plan their finances around a summer-heavy income cycle.

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

The average daily rate in Manistique is $223, which is well below the Michigan state average of $350. Three-bedroom properties command a higher ADR of $272, while two-bedroom listings average $205. The lower ADR relative to the state reflects Manistique's position as a more affordable, nature-oriented destination rather than a luxury urban market.

Are short-term rentals legal in Manistique?

Short-term rentals are generally permitted in Manistique, MI, though operators may need to comply with local registration or permitting requirements. Regulations can vary by zone and may be subject to change, so prospective investors should check directly with the City of Manistique and Schoolcraft County for the most current rules before purchasing a property.

When is peak season for Airbnb in Manistique?

Peak season in Manistique runs from June through September, with July and August delivering the highest revenues at $8,868 and $9,610 per month respectively. The shoulder months of May and October also see moderate activity, averaging $2,474 and $3,596. The slowest period spans March and April, when monthly revenue drops below $1,000.

How many Airbnbs are there in Manistique?

There are currently 23 active Airbnb listings in Manistique as of April 2026. The supply is split between two-bedroom properties (9 listings) and three-bedroom properties (10 listings), with the remainder likely being other configurations. Year-over-year listing growth has been significant at 69%, indicating increasing investor interest in the market.

How is Airbnb revenue calculated in Manistique?

The annual and monthly revenue figures for Manistique 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 actively a 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 Manistique and surrounding areas
• Average daily rate, occupancy, and RevPAN trends by property size
• Monthly and annual revenue estimates based on trailing 12-month booking data
• Home value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Popular amenity prevalence across active listings in the market

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 or regulatory changes. Local STR regulations, tax requirements, and permit rules are subject to change — always verify with local authorities before investing.