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View PropertiesAs of Apr, 27 2026
Mio, Michigan is a micro-market with just 16 active Airbnb listings, offering a niche opportunity for investors drawn to northern Michigan's outdoor recreation scene. With an average daily rate of $165—well below the $350 state average—and an average annual revenue of $17,210, the market rewards operators who keep costs low and target seasonal demand. Occupancy sits at 22% compared to the 42% state average, reflecting a heavily seasonal pattern that peaks in the summer months.
According to Rabbu market data, the Mio short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 16 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $165 |
| Average Occupancy Rate | vs. 42% state avg. | 22% |
| RevPAN | ADR * Occupancy Rate | $36 |
| Average Monthly Revenue | Historical 12-month average | $1,434 |
| Average Annual Revenue | Historical 12-month average | $17,210 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors consider Mio for its low competition, affordable entry point, and proximity to northern Michigan's outdoor recreation corridors.
Key investment factors
"Mio presents a limited but targeted opportunity for STR investors comfortable with pronounced seasonality and modest overall revenue. August leads the calendar at $2,635 in average monthly revenue, while December dips to just $890—a spread that underscores how heavily this market depends on warm-weather visitors. The tiny supply of 16 listings means new entrants can quickly capture share, especially with well-appointed 3-bedroom properties that earn nearly twice the revenue of smaller units. However, the 22% occupancy rate and below-state-average metrics make this a supplemental income play rather than a primary cash-flow engine."
— Rabbu Market Analysis Team
Mio's revenue peaks sharply in August at $2,635 and stays strong through July ($2,213) and June ($1,950), while the slowest months—December ($890) and April ($909)—earn roughly one-third of peak levels. This nearly 3x spread between high and low months signals that investors need a clear seasonal pricing strategy and should budget for several months of modest income.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,395 |
| February |
|
$948 |
| March |
|
$967 |
| April |
|
$909 |
| May |
|
$1,581 |
| June |
|
$1,950 |
| July |
|
$2,213 |
| August |
|
$2,635 |
| September |
|
$1,430 |
| October |
|
$1,180 |
| November |
|
$1,110 |
| December |
|
$890 |
Supply is nearly evenly split across 1-bedroom (5), 2-bedroom (5), and 3-bedroom (6) properties, totaling just 16 listings. The balanced distribution means no single property size dominates, though the small total count suggests any new listing can meaningfully shift market dynamics.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
5 |
| 2 bedrooms |
|
5 |
| 3 bedrooms |
|
6 |
ADR scales significantly with size: 1-bedroom properties average $115, 2-bedrooms come in at $138, and 3-bedroom listings command $230—double the rate of the smallest units. The jump from 2 to 3 bedrooms is especially pronounced, suggesting guests place a high premium on additional space in this cabin-oriented market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$115 |
| 2 bedrooms |
|
$138 |
| 3 bedrooms |
|
$230 |
Three-bedroom properties deliver the strongest RevPAN at $60, more than four times the $14 earned by 1-bedroom listings, with 2-bedrooms at $36. This gap highlights how larger properties combine higher nightly rates with better occupancy to generate meaningfully more revenue per available night.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$14 |
| 2 bedrooms |
|
$36 |
| 3 bedrooms |
|
$60 |
One-bedroom listings lag notably at 13% occupancy, while both 2-bedroom and 3-bedroom properties hold at 27%. The significant occupancy gap for 1-bedrooms suggests that guests traveling to Mio tend to prefer larger accommodations, making smaller units harder to keep consistently booked.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
13% |
| 2 bedrooms |
|
27% |
| 3 bedrooms |
|
27% |
Three-bedroom properties lead with $2,033 in average monthly revenue, nearly double the $1,024 generated by 2-bedroom units and well above the $1,184 from 1-bedrooms. Interestingly, 1-bedrooms slightly outperform 2-bedrooms on a monthly basis, likely due to a few higher-performing listings in that small sample.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,184 |
| 2 bedrooms |
|
$1,024 |
| 3 bedrooms |
|
$2,033 |
At $24,401 per year, 3-bedroom properties in Mio earn roughly twice what 2-bedroom listings bring in ($12,292) and about 72% more than 1-bedrooms ($14,213). For investors focused on maximizing return potential, the data clearly favors larger properties in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$14,213 |
| 2 bedrooms |
|
$12,292 |
| 3 bedrooms |
|
$24,401 |
Kitchens and parking are universal at 100% of listings, while self check-in (94%), backyards (81%), and washer/dryer combos (75%) round out the essentials. Outdoor-focused amenities like BBQ grills (69%), outdoor furniture (69%), and lake access (25%) signal that guests expect a nature-retreat experience—investors who lean into these features are likely meeting baseline expectations rather than differentiating.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
100% |
| Self Check-in |
|
94% |
| Backyard |
|
81% |
| Dryer |
|
75% |
| Washer |
|
75% |
| BBQ Grill |
|
69% |
| Outdoor Furniture |
|
69% |
| Patio or Balcony |
|
56% |
| Pets |
|
44% |
| Waterfront |
|
31% |
| Lake Access |
|
25% |
| Hot Tub |
|
19% |
| Workspace |
|
13% |
Understanding local STR regulations is essential before investing in Mio. Here's the current regulatory landscape:
Short-term rental operators in Mio, Michigan should verify whether Oscoda County or the local township requires STR permits, registration, or licensing before listing a property. Regulations in rural Michigan communities can vary, so confirming requirements with the local zoning or planning office is an essential first step.
Common restrictions that may apply include occupancy limits tied to bedroom count, noise ordinances, parking requirements, and septic system capacity rules in rural areas. Investors should also check for any HOA covenants or deed restrictions that could limit short-term rental activity on a specific parcel.
Michigan requires short-term rental hosts to collect and remit the state's 6% use tax, and some localities impose additional lodging or excise taxes. Platforms like Airbnb often handle collection automatically, but hosts should verify their obligations with the Michigan Department of Treasury to ensure full compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Mio can provide current regulatory guidance.
Financing an Airbnb investment in Mio requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Mio's short-term rental performance is likely to remain closely tied to summer tourism, with August and July continuing as the strongest revenue months. Modest ADR growth of 1–3% is plausible given limited supply and steady recreational demand, though occupancy is unlikely to shift dramatically beyond the 20–25% range without a meaningful increase in year-round attractions. Investors should plan for substantial seasonal cash-flow swings and budget accordingly for quieter winter and spring months."
— 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. With only 16 active listings, market-level averages in Mio may be more sensitive to individual listing performance and are subject to wider variability. Local regulations and tax obligations may change; investors should verify current requirements with relevant authorities before purchasing.
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