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View PropertiesAs of Apr, 27 2026
Negaunee, MI is a micro-market in Michigan's Upper Peninsula with just 11 active Airbnb listings, offering investors a low-competition environment in a region known for outdoor recreation and natural beauty. The average daily rate sits at $166—well below the $350 state average—while annual revenue averages $21,822, driven heavily by a pronounced summer season. With occupancy at 34% (compared to 42% statewide), this is a market that rewards strategic seasonal pricing and lean operating costs rather than year-round volume.
According to Rabbu market data, the Negaunee short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 11 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $166 |
| Average Occupancy Rate | vs. 42% state avg. | 34% |
| RevPAN | ADR * Occupancy Rate | $55 |
| Average Monthly Revenue | Historical 12-month average | $1,818 |
| Average Annual Revenue | Historical 12-month average | $21,822 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors are drawn to Negaunee for its extremely low competition, affordable property prices relative to downstate Michigan, and strong summer tourism demand tied to the Upper Peninsula's outdoor attractions.
Key investment factors
"Negaunee presents a niche opportunity rather than a high-volume play. The extremely small supply of 11 listings means there's room to capture market share, but the 34% average occupancy and a deep seasonal trough from November through April signal that consistent monthly cash flow will be difficult to achieve. Investors who can keep operating costs low and capitalize on the July–August peak—when average monthly revenue reaches $3,670–$3,710—stand to earn a reasonable return, particularly if property acquisition costs are well below state averages. This is best suited for investors comfortable with a seasonal income profile and willing to optimize for summer and early fall demand."
— Rabbu Market Analysis Team
Negaunee displays extreme seasonality, with July ($3,710) and August ($3,670) generating roughly four times the revenue of the slowest months like November ($909) and April ($918). Investors should budget for a significant income gap between summer and the November–April period.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,035 |
| February |
|
$1,366 |
| March |
|
$930 |
| April |
|
$918 |
| May |
|
$1,509 |
| June |
|
$2,175 |
| July |
|
$3,710 |
| August |
|
$3,670 |
| September |
|
$2,358 |
| October |
|
$1,959 |
| November |
|
$909 |
| December |
|
$1,280 |
The market's supply is dominated by 1-bedroom listings, which account for 7 of the 11 active properties. This concentration suggests potential opportunity for investors willing to list larger properties that could serve families or groups, though demand data for those sizes is limited.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
7 |
One-bedroom listings in Negaunee command an average daily rate of $139, which is below the overall market ADR of $166—indicating that the few larger or unique properties in the market are pulling the average up. Investors considering 1-bedroom units should price competitively given this baseline.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$139 |
One-bedroom properties deliver a RevPAN of $38, reflecting the combination of a $139 ADR and 28% occupancy. This relatively modest per-night yield underscores the importance of keeping operating costs lean for smaller units in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$38 |
One-bedroom listings average 28% occupancy, which is notably below even the market-wide 34% rate. This suggests that the few non-1-bedroom properties in Negaunee may be capturing a disproportionate share of bookings, potentially due to group or family travel demand.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
28% |
One-bedroom properties average $1,603 per month, falling below the market-wide average of $1,818. The gap indicates that any larger listings in the market are outperforming on a revenue basis, though the small sample size warrants caution in drawing firm conclusions.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,603 |
At $19,236 in average annual revenue, 1-bedroom units trail the overall market average of $21,822 by about 12%. Investors seeking higher returns may want to explore multi-bedroom configurations, though validating demand for larger properties in this micro-market is essential before committing.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$19,236 |
Parking is universal (100%) and kitchens are nearly so (91%), reflecting guest expectations for self-sufficient stays in a rural setting. Outdoor-oriented amenities like BBQ grills (55%), backyards (46%), and patios (46%) signal that guests prioritize nature-adjacent experiences, while niche features like saunas (18%) and waterfront access (9%) could serve as strong differentiators.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
91% |
| Self Check-in |
|
64% |
| BBQ Grill |
|
55% |
| Backyard |
|
46% |
| Patio or Balcony |
|
46% |
| Workspace |
|
46% |
| Dryer |
|
36% |
| Outdoor Furniture |
|
36% |
| Washer |
|
36% |
| Pets |
|
27% |
| Sauna |
|
18% |
| Waterfront |
|
18% |
| Beach Access |
|
9% |
Understanding local STR regulations is essential before investing in Negaunee. Here's the current regulatory landscape:
Short-term rental operators in Negaunee, Michigan may need to register or obtain a permit through local authorities. Investors should verify current requirements with the City of Negaunee and Marquette County before listing a property.
Common STR restrictions in small Michigan communities can include occupancy limits, noise ordinances, parking requirements, and minimum-stay provisions. HOA rules may also apply in certain neighborhoods, and it's worth checking whether any permit caps or zoning restrictions are in effect locally.
Michigan requires hosts to collect and remit the state's 6% use tax and may also require local transient accommodation taxes. Many booking platforms handle tax collection automatically, but hosts should confirm their obligations with the Michigan Department of Treasury.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Negaunee can provide current regulatory guidance.
Financing an Airbnb investment in Negaunee requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Negaunee's STR performance will likely continue to hinge on summer tourism, with July and August delivering the lion's share of revenue. Investors can reasonably expect occupancy to remain in the 30–38% range annually, with modest ADR growth of 1–3% as Upper Peninsula tourism interest slowly builds. Adding amenities that appeal to winter visitors—such as proximity to ski trails or sauna access—could help smooth out the deep seasonal dip, but year-round cash flow will remain a challenge without supplemental demand drivers."
— 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 a small sample of 11 active listings, which may limit statistical reliability and increase variability in reported averages. Local regulations and tax requirements can change; investors should verify current rules with municipal and state authorities before purchasing.
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