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View PropertiesAs of Apr, 27 2026
Mount Pleasant, MI is a compact short-term rental market with just 23 active Airbnb listings, offering an average annual revenue of $23,488 per property. The market's ADR of $159 comes in well below Michigan's $350 state average, while occupancy sits at 30% compared to the 42% statewide benchmark. Despite these softer headline numbers, the small supply base and the city's role as a college town anchored by Central Michigan University create niche demand pockets — particularly around university events, graduation weekends, and summer tourism — that can reward well-positioned hosts.
According to Rabbu market data, the Mount Pleasant short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 23 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $159 |
| Average Occupancy Rate | vs. 42% state avg. | 30% |
| RevPAN | ADR * Occupancy Rate | $47 |
| Average Monthly Revenue | Historical 12-month average | $1,957 |
| Average Annual Revenue | Historical 12-month average | $23,488 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors are drawn to Mount Pleasant for its low competition, affordable entry points, and recurring demand tied to Central Michigan University and seasonal visitors.
Key investment factors
"Mount Pleasant presents a modest opportunity best suited for investors comfortable with pronounced seasonality and a niche demand profile. July revenue peaks at $3,651 before dropping sharply to a February trough of $668, creating a wide performance swing that requires careful cash-flow planning. The limited supply of 23 listings and the university's built-in visitor base offer a buffer against saturation, but the 30% occupancy rate — 12 points below Michigan's average — signals that consistent bookings require active management and competitive pricing. Investors with lower acquisition costs and a willingness to optimize around event-driven weekends stand to benefit most."
— Rabbu Market Analysis Team
Mount Pleasant shows sharp seasonality, with July delivering the highest average revenue at $3,651 — more than five times the February low of $668. A secondary autumn uptick in October ($2,275) and November ($2,109) adds another earning window, but investors should budget for lean winter months when revenue can dip below $1,000.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,450 |
| February |
|
$668 |
| March |
|
$939 |
| April |
|
$1,320 |
| May |
|
$1,912 |
| June |
|
$2,359 |
| July |
|
$3,651 |
| August |
|
$3,214 |
| September |
|
$1,857 |
| October |
|
$2,275 |
| November |
|
$2,109 |
| December |
|
$1,730 |
One-bedroom listings dominate supply with 10 of 23 total properties, followed by 8 two-bedroom and just 5 three-bedroom homes. The limited number of larger properties could represent an opportunity, given that 3-bedroom units lead in both RevPAN and annual revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
10 |
| 2 bedrooms |
|
8 |
| 3 bedrooms |
|
5 |
ADR increases gradually with size, from $152 for 1-bedrooms to $179 for 3-bedrooms — a modest 18% premium. The relatively flat rate curve suggests that larger properties capture most of their revenue advantage through higher occupancy and more bookable nights rather than dramatically higher nightly pricing.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$152 |
| 2 bedrooms |
|
$155 |
| 3 bedrooms |
|
$179 |
Three-bedroom properties lead with a RevPAN of $58, outperforming both 1-bedrooms ($50) and 2-bedrooms ($36) by a meaningful margin. The 2-bedroom category notably underperforms, suggesting those units may face stiffer competition or weaker demand relative to their pricing.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$50 |
| 2 bedrooms |
|
$36 |
| 3 bedrooms |
|
$58 |
One-bedroom and 3-bedroom properties share the highest occupancy at 33%, while 2-bedroom listings lag significantly at 23%. This 10-point gap indicates that 2-bedroom units may be oversupplied relative to demand or priced less competitively for their category.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
33% |
| 2 bedrooms |
|
23% |
| 3 bedrooms |
|
33% |
Three-bedroom properties edge out as the top monthly earners at $2,429, closely followed by 2-bedrooms at $2,375, while 1-bedroom units trail at $1,275. The near-parity between 2- and 3-bedroom monthly revenue, despite the 2-bedroom's much lower occupancy, highlights the impact of higher nightly rates on the larger category.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,275 |
| 2 bedrooms |
|
$2,375 |
| 3 bedrooms |
|
$2,429 |
Annual revenue climbs with size, from $15,308 for 1-bedrooms to $29,150 for 3-bedroom properties — nearly double the smallest units. Investors targeting the strongest gross revenue should focus on 3-bedroom homes, which generate the highest annual returns while maintaining occupancy on par with 1-bedroom listings.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$15,308 |
| 2 bedrooms |
|
$28,507 |
| 3 bedrooms |
|
$29,150 |
Parking is universal across Mount Pleasant listings at 100%, reflecting the car-dependent nature of this Michigan market. Kitchen access (78%), self check-in (74%), and laundry amenities (57–61%) round out the top features, signaling that guests expect home-like convenience — investors lacking these basics risk falling behind even in a small market.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
78% |
| Self Check-in |
|
74% |
| Dryer |
|
61% |
| Washer |
|
57% |
| Workspace |
|
44% |
| Outdoor Furniture |
|
39% |
| Backyard |
|
30% |
| Patio or Balcony |
|
30% |
| BBQ Grill |
|
26% |
| Pets |
|
22% |
| Waterfront |
|
9% |
Understanding local STR regulations is essential before investing in Mount Pleasant. Here's the current regulatory landscape:
Operators in Mount Pleasant, Michigan may need to obtain a short-term rental permit or business registration before listing a property. Investors should verify current requirements directly with the City of Mount Pleasant and Isabella County, as local ordinances can change.
Common restrictions in Michigan college-town markets include occupancy limits, noise ordinances, parking requirements, and potential minimum-stay rules during certain periods. HOA or neighborhood covenants may impose additional limitations, so reviewing all applicable deed restrictions before purchasing is essential.
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 municipal rules. Many booking platforms collect and remit state-level taxes automatically, but hosts should confirm whether any local obligations require separate filing.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Mount Pleasant can provide current regulatory guidance.
Financing an Airbnb investment in Mount Pleasant requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Mount Pleasant's STR performance is likely to remain seasonal and event-driven, with summer months and the fall university calendar continuing to generate the strongest bookings. Monthly revenue data suggests July and August could sustain averages in the $3,200–$3,650 range, while winter months like February may dip below $700. Investors should anticipate occupancy hovering around 28–33% market-wide, with potential for modest ADR gains of 2–4% if supply remains constrained. These estimates assume no significant regulatory changes or shifts in university enrollment patterns."
— 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. Data reflects trailing 12-month averages as of the date shown and may not capture recent market shifts. Local regulations, HOA rules, and tax obligations vary — investors should verify all requirements with local authorities before purchasing.
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