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

Pigeon Short-Term Rental Market Overview

Pigeon, MI is a small lakeside market in Michigan's Thumb region that punches above its weight for short-term rental investors, earning an ROI score of 71 out of 100. With only 21 active Airbnb listings and an above-average revenue-to-price ratio, the market offers a compelling entry point for investors seeking seasonal vacation-rental income. Average annual revenue sits at $49,072 against a home value of roughly $435,094, and year-over-year listing growth of 136% signals rising investor interest in this waterfront-oriented destination.

Key Market Statistics

According to Rabbu market data, the Pigeon 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 Pigeon

Pigeon's favorable revenue-to-price ratio and limited competition make it an appealing market for investors targeting seasonal vacation-rental income in Michigan's Thumb region.

Expert Market Assessment

"Pigeon presents an attractive seasonal opportunity with clear summer dominance—August tops the revenue calendar at $10,462 per month, while January bottoms out near $965, producing a roughly 11:1 peak-to-trough spread. This heavy seasonality means cash-flow planning is essential; investors should budget for leaner winter months while capitalizing on robust June-through-September demand. The 31% average occupancy sits below Michigan's 42% state average, though this is expected for a summer-focused lakeside market and is offset by the favorable revenue-to-price dynamics. For investors comfortable with a seasonal cash-flow profile and drawn to waterfront assets, Pigeon offers a genuinely differentiated niche within the Michigan STR landscape."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Pigeon

Average revenue by month in Pigeon

Pigeon's revenue curve is steeply seasonal, peaking in August at $10,462 and bottoming in January at just $965—a spread of nearly 11x. The four-month window from June through September accounts for the lion's share of annual income, making summer optimization critical for maximizing returns.

Active Airbnb listings by property size in Pigeon

The entire reportable supply in Pigeon consists of 3-bedroom properties, with 8 active listings in that size category. This concentration suggests that other bedroom counts are either absent or too few to report, potentially signaling opportunity for investors who can offer differentiated property sizes like 2-bedroom or 4+ bedroom configurations.

Average daily rate (ADR) by property size in Pigeon

Three-bedroom listings—the only size with reportable data—command an average daily rate of $244, which sits below the market-wide ADR of $286. This gap indicates that larger or more premium properties in the market (not broken out by size) may be pulling the overall average higher.

Average RevPAN by property size in Pigeon

Three-bedroom properties deliver a RevPAN of $68, reflecting the interaction between a $244 ADR and 28% occupancy. While modest on a nightly basis, the summer months dramatically outperform this annual average, making RevPAN a conservative indicator of peak-season earning power.

Average occupancy rates by property size in Pigeon

Three-bedroom listings average 28% occupancy, slightly below the market-wide 31% figure. For a seasonal lakeside market, this level is expected—investors should plan around high summer utilization rather than year-round bookings when modeling cash flow.

Average monthly revenue by property size in Pigeon

Three-bedroom properties average $2,439 per month, which falls below the market-wide average of $4,089. This differential suggests that non-3-bedroom listings (or properties with premium positioning like waterfront access) are generating outsized revenue and pulling the market average upward.

Average annual revenue by property size in Pigeon

At $29,273 in annual revenue, 3-bedroom listings earn noticeably less than the $49,072 market-wide average. Investors targeting this bedroom count should factor in the lower revenue baseline, while also considering that properties with waterfront access or unique amenities may significantly outperform this figure.

Most common amenities for Airbnb listings in Pigeon

Parking is universal at 100%, while backyard space, BBQ grills, self check-in, and full kitchens each appear in 91% of listings—signaling these are baseline guest expectations rather than differentiators. Notably, 57% of listings offer lake access and 52% feature waterfront positioning, underscoring the centrality of water-based recreation to this market's appeal.

Understanding Pigeon's ROI Score: 71/100

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

Pigeon'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 that makes up 40% of the score weighting. Occupancy stability, market growth trend, and supply/demand balance all register as average, reflecting a market that performs well on value but carries the expected seasonal variability of a small lakeside destination. Investors should pair this score with local regulatory research and property-specific analysis to validate whether an individual deal meets their return thresholds.

Short-Term Rental Regulations in Pigeon

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

Permit Requirements

Short-term rental operators in Pigeon, Michigan may need to obtain local permits or register their property with Huron County or the village. Investors should verify current requirements directly with local planning and zoning offices before listing a property.

Key Restrictions

Common STR restrictions in Michigan communities can include occupancy limits, minimum-night stay requirements, noise and nuisance ordinances, parking standards, and HOA-level rules that may prohibit or limit rentals. Because Pigeon is a smaller market, regulations can shift quickly—checking with village officials and reviewing any deed restrictions is strongly recommended.

Tax Obligations

Michigan levies a 6% state use tax on short-term accommodations, and Huron County may impose additional local lodging or excise taxes. Many booking platforms collect and remit these taxes automatically, but hosts should confirm compliance with both state and local tax obligations.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Pigeon's strong summer seasonality should continue to anchor performance, with July and August likely generating monthly revenues in the $10,000+ range for well-positioned listings. ADR may edge up modestly—perhaps 2–4%—as the limited supply of 21 listings keeps pricing power intact, though occupancy could settle in the 30–35% range annually given the pronounced off-season. The rapid listing growth (136% year-over-year) suggests new supply is entering the market, which investors should monitor closely to ensure demand keeps pace. Overall, Rabbu estimates that properties with waterfront access and outdoor amenities will continue to outperform market averages."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Pigeon, MI

What is the average Airbnb occupancy rate in Pigeon?

The average occupancy rate for Airbnb listings in Pigeon is currently 31%, which falls below Michigan's statewide average of 42%. This is typical for a seasonal lakeside market where demand is heavily concentrated in the summer months. During peak season (June through September), individual listings often achieve significantly higher occupancy than the annual average suggests.

How much do Airbnb hosts make in Pigeon?

Based on trailing 12-month booking data, the average Airbnb host in Pigeon earns approximately $49,072 per year, or about $4,089 per month. Revenue is highly seasonal—hosts can expect to earn upwards of $10,000 per month during peak summer months like July and August, while winter months may only bring in around $965 to $1,478. Individual results vary based on property quality, location, amenities, and pricing strategy.

Is Pigeon a good market for Airbnb investment?

Pigeon earns an ROI score of 71 out of 100 on Rabbu, placing it in the 'Attractive Opportunity' category. The market benefits from an above-average revenue-to-price ratio, meaning the income potential relative to property costs is favorable compared to many Michigan markets. However, investors should be prepared for pronounced seasonality and a lower annual occupancy rate, making it best suited for those comfortable with a summer-weighted income profile.

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

The average daily rate for Airbnb listings in Pigeon is $286, which is below Michigan's statewide average of $350. For 3-bedroom properties specifically—the most common listing size—ADR averages $244. The lower ADR reflects the rural, small-town nature of the market, but it is offset by competitive property acquisition costs.

Are short-term rentals legal in Pigeon?

Short-term rentals operate in Pigeon, MI, as evidenced by the 21 active Airbnb listings currently in the market. However, local regulations, zoning requirements, and permit or registration obligations can change. Investors should contact Pigeon village officials and Huron County planning departments directly to confirm current rules before purchasing or listing a property.

When is peak season for Airbnb in Pigeon?

Peak season in Pigeon runs from June through August, with July and August being the strongest months. Average monthly revenue reaches $10,045 in July and $10,462 in August. September also performs well at $5,667. The off-season stretches from November through March, when monthly revenues typically fall below $2,000.

How many Airbnbs are there in Pigeon?

As of April 2026, there are 21 active Airbnb listings in Pigeon. The market has experienced significant growth, with a 136% year-over-year increase in active listings. Despite this growth, the total supply remains very limited, which can benefit hosts through reduced direct competition during peak season.

How is Airbnb revenue calculated in Pigeon?

The annual and monthly revenue figures for Pigeon are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, drops regional outliers, and rolls the remainder into 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. Individual results can vary based on property quality, pricing strategy, and operational management.

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 the Pigeon, MI market
• Average daily rates, occupancy rates, and RevPAN metrics based on current active listings
• Monthly and annual revenue estimates derived from trailing 12-month booking performance
• Property value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence and property size breakdowns across active listings

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 current snapshots as of April 2026; market conditions can change. Local regulations, permit requirements, and tax obligations may vary and should be independently verified before investing.