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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Montague offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Montague, MI is a small lakeside market on Michigan's western shore that punches above its weight for short-term rental investors seeking favorable revenue-to-price dynamics. With an average annual revenue of $37,657 against average home values of $459,918, the market posts an above-average revenue-to-price ratio. A compact supply of just 12 active listings and strong summer demand—July revenue tops $7,982—create a seasonal but compelling opportunity for investors willing to manage around peak-season cash flow.
According to Rabbu market data, the Montague short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 12 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $246 |
| Average Occupancy Rate | vs. 42% state avg. | 18% |
| RevPAN | ADR * Occupancy Rate | $44 |
| Average Monthly Revenue | Historical 12-month average | $3,138 |
| Average Annual Revenue | Historical 12-month average | $37,657 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Investors are drawn to Montague for its strong revenue-to-price ratio, above-average occupancy stability, and limited competition in a lakefront leisure market.
Key investment factors
"Montague presents an attractive but decidedly seasonal investment profile. Revenue swings from a low of $826 in January to a high of $7,982 in July—a nearly tenfold spread—so investors need a clear strategy for managing cash flow during the winter months. The ROI score of 71 out of 100 reflects above-average marks on revenue-to-price ratio, occupancy stability, and supply/demand balance, offset by a below-average market growth trend. For buyers who secure properties at or below the $459,918 average home value and optimize summer pricing, the math can work well as a seasonal income play."
— Rabbu Market Analysis Team
Montague's revenue curve is sharply seasonal: July peaks at $7,982 and January bottoms out at $826, representing nearly a 10x swing. The core earning window spans May through September, with those five months accounting for the vast majority of annual income—investors should plan operating budgets around this concentrated cash-flow pattern.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$826 |
| February |
|
$872 |
| March |
|
$1,296 |
| April |
|
$1,835 |
| May |
|
$3,520 |
| June |
|
$5,394 |
| July |
|
$7,982 |
| August |
|
$6,910 |
| September |
|
$3,297 |
| October |
|
$2,361 |
| November |
|
$1,710 |
| December |
|
$1,648 |
The entire reportable supply in Montague consists of 3-bedroom properties, with 6 active listings in that category. This narrow size distribution may signal an opportunity for investors considering alternative configurations—such as 2-bedroom or 4-bedroom homes—to differentiate and capture underserved demand.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
6 |
Three-bedroom listings command an ADR of $244, closely aligning with the market-wide average of $246. With only one property size reporting, there's no cross-size comparison available, but the rate sits well below Michigan's $350 state average, positioning Montague as a value-oriented getaway destination.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$244 |
Three-bedroom properties deliver a RevPAN of $33, reflecting the combination of a moderate ADR and a 14% occupancy rate across the full year. This figure underscores the importance of maximizing peak-season pricing to compensate for extended low-demand periods in winter.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$33 |
Three-bedroom listings average 14% occupancy on an annual basis, consistent with a market where most bookings cluster in a four- to five-month summer window. Investors focused on cash-flow stability should anticipate near-vacant winter months and build reserves during the high season.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
14% |
Three-bedroom properties generate an average of $2,433 per month when annualized, though actual monthly earnings swing dramatically between summer highs and winter lows. This figure is useful for long-term budgeting but shouldn't obscure the reality that summer months carry the bulk of the annual total.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$2,433 |
At $29,203 in average annual revenue, 3-bedroom listings represent the only size segment with enough data to report. Against an average home value of $459,918, this translates to a gross yield of roughly 6.3%—a figure that improves meaningfully for investors who acquire below market value or implement superior revenue management.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$29,203 |
Kitchen and parking are universal (100% of listings), while BBQ grills, washers, and dryers appear in 83% of properties—signaling that guests expect a fully equipped, home-like experience. Lake and beach access show up in about 42% of listings, suggesting that waterfront or water-adjacent properties hold a notable competitive edge in attracting bookings.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
100% |
| BBQ Grill |
|
83% |
| Dryer |
|
83% |
| Washer |
|
83% |
| Backyard |
|
75% |
| Outdoor Furniture |
|
75% |
| Patio or Balcony |
|
75% |
| Workspace |
|
67% |
| Self Check-in |
|
58% |
| Pets |
|
50% |
| Beach Access |
|
42% |
| Lake Access |
|
42% |
| Waterfront |
|
25% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Montague Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Above average | 15% |
Montague's ROI score of 71 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio and solid supply/demand balance. Occupancy stability also scores above average, though the below-average market growth trend suggests the market isn't expanding as rapidly as some peers—something to weigh against the favorable yield metrics. Investors should pair these numbers with thorough local regulatory research and a clear seasonal cash-flow plan before committing capital.
Understanding local STR regulations is essential before investing in Montague. Here's the current regulatory landscape:
Short-term rental operators in Montague, Michigan may need to obtain a local permit or register their property with the city or Muskegon County before hosting guests. Investors should verify current requirements directly with Montague's municipal offices and the State of Michigan's regulatory resources.
Common restrictions in small Michigan lakefront communities can include occupancy limits tied to bedroom count, minimum-stay requirements during peak season, noise ordinances, parking caps to protect residential neighborhoods, and HOA or deed restrictions that may prohibit or limit rentals. Investors should review both municipal zoning codes and any applicable homeowners association rules before purchasing.
Michigan requires short-term rental hosts to collect and remit state sales tax and any applicable local accommodations or excise taxes. Platforms like Airbnb often handle tax collection on behalf of hosts, but operators should confirm 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 Montague can provide current regulatory guidance.
Financing an Airbnb investment in Montague requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Montague's summer-driven demand pattern is likely to persist, with peak monthly revenues concentrated in June through August. Active listing counts grew 156% year over year, so investors should watch whether rising supply begins to compress occupancy rates, which currently sit at 18% on an annualized basis. ADR may hold steady around $240–$260 given the leisure-focused guest profile, though shoulder-season strategies—targeting May and September bookings—could lift annual returns by an estimated 5–10%."
— 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 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. Individual property results will vary based on location, condition, pricing strategy, and local regulations.
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