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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Saint Germain offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Saint Germain, WI sits in the heart of Wisconsin's Northwoods lake country, and its short-term rental market reflects that resort-town character. With an average annual revenue of $47,034 across just 66 active listings and an above-average revenue-to-price ratio, the market rewards investors who can capture peak summer demand. An ADR of $346 — slightly below the $368 state average — is offset by the premium rates that larger lakefront properties can command, making this a market where property selection matters considerably.
According to Rabbu market data, the Saint Germain short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 66 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $346 |
| Average Occupancy Rate | vs. 38% state avg. | 32% |
| RevPAN | ADR * Occupancy Rate | $110 |
| Average Monthly Revenue | Historical 12-month average | $3,919 |
| Average Annual Revenue | Historical 12-month average | $47,034 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Saint Germain's favorable revenue-to-price ratio and concentrated summer demand make it compelling for investors willing to navigate seasonal cash-flow swings.
Key investment factors
"This is an attractive opportunity for investors who understand and plan for sharp seasonality. July and August together can generate more than $20,000 in average revenue, while shoulder months like April dip as low as $615 — a spread that demands careful budgeting. Larger properties consistently outperform: 6+ bedroom units average $87,331 annually, nearly triple the $31,181 earned by 2-bedroom listings. Pairing that earning power with the market's above-average revenue-to-price ratio makes Saint Germain a viable income play, provided investors plan for lighter winter and spring months."
— Rabbu Market Analysis Team
Saint Germain's revenue is sharply seasonal: July leads at $11,131 and August follows at $9,672, while April bottoms out at just $615. This roughly 18x spread between peak and trough months means investors should budget for several lean months and maximize pricing during the June–September window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,659 |
| February |
|
$2,744 |
| March |
|
$1,060 |
| April |
|
$615 |
| May |
|
$2,572 |
| June |
|
$5,141 |
| July |
|
$11,131 |
| August |
|
$9,672 |
| September |
|
$4,443 |
| October |
|
$3,453 |
| November |
|
$1,360 |
| December |
|
$2,178 |
Two-bedroom units represent the largest share of supply at 21 listings, with counts tapering as property size increases — only 6 listings have 6+ bedrooms. The scarcity of larger homes, combined with their higher revenue potential, may signal an opportunity for investors willing to acquire bigger lakefront properties.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
21 |
| 3 bedrooms |
|
17 |
| 4 bedrooms |
|
12 |
| 5 bedrooms |
|
8 |
| 6+ bedrooms |
|
6 |
ADR scales steadily from $220 for 2-bedroom properties up to $597 for 6+ bedroom listings, nearly a 3x increase. The sharpest jump occurs between 3-bedroom ($277) and 4-bedroom ($456) units, suggesting that the move to a larger property unlocks a meaningful pricing premium in this market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$220 |
| 3 bedrooms |
|
$277 |
| 4 bedrooms |
|
$456 |
| 5 bedrooms |
|
$507 |
| 6+ bedrooms |
|
$597 |
Six-plus bedroom properties deliver the highest RevPAN at $248, followed by 4-bedrooms at $190, while 2-bedroom listings lag at just $49. Interestingly, 5-bedroom units underperform 4-bedrooms on RevPAN ($135 vs. $190), likely due to lower occupancy, making 4-bedroom and 6+ bedroom configurations the most efficient revenue generators.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$49 |
| 3 bedrooms |
|
$95 |
| 4 bedrooms |
|
$190 |
| 5 bedrooms |
|
$135 |
| 6+ bedrooms |
|
$248 |
Four-bedroom and 6+ bedroom properties share the highest occupancy at 42%, while 2-bedroom listings trail at 23% and 5-bedrooms sit at 27%. This suggests that groups traveling together for lakefront getaways favor mid-to-large properties, giving investors in those segments more consistent booking volume.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
23% |
| 3 bedrooms |
|
35% |
| 4 bedrooms |
|
42% |
| 5 bedrooms |
|
27% |
| 6+ bedrooms |
|
42% |
Monthly revenue rises steadily with size, from $2,598 for 2-bedroom units to $7,277 for 6+ bedroom properties. The gap between 4-bedroom ($4,199) and 5-bedroom ($5,162) listings is narrower than the jump to 6+ bedrooms, reinforcing that the largest properties capture a disproportionate share of revenue in this market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$2,598 |
| 3 bedrooms |
|
$3,777 |
| 4 bedrooms |
|
$4,199 |
| 5 bedrooms |
|
$5,162 |
| 6+ bedrooms |
|
$7,277 |
At $87,331 in average annual revenue, 6+ bedroom properties earn nearly three times what 2-bedroom listings generate ($31,181). For investors evaluating return potential, the 4-bedroom tier ($50,397 annually) may represent a sweet spot of strong revenue and more moderate acquisition costs compared to the largest homes.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$31,181 |
| 3 bedrooms |
|
$45,327 |
| 4 bedrooms |
|
$50,397 |
| 5 bedrooms |
|
$61,946 |
| 6+ bedrooms |
|
$87,331 |
Parking (100%) and kitchen (97%) are virtually universal, but the standout feature is waterfront and lake access, present in 79% of listings — a clear signal that guests come to Saint Germain for the water. Investors without lakefront properties should consider compensating with amenities like BBQ grills (71%), pet-friendliness (55%), and outdoor living spaces to stay competitive.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
97% |
| Self Check-in |
|
88% |
| Waterfront |
|
79% |
| Lake Access |
|
79% |
| Patio or Balcony |
|
73% |
| BBQ Grill |
|
71% |
| Backyard |
|
62% |
| Washer |
|
62% |
| Dryer |
|
61% |
| Outdoor Furniture |
|
59% |
| Pets |
|
55% |
| Workspace |
|
39% |
| Beach Access |
|
18% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Saint Germain Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Average | 15% |
Saint Germain's ROI Score of 64 out of 100 places it in the Attractive Opportunity band, driven primarily by an above-average revenue-to-price ratio that makes the income-to-acquisition math more favorable than in many Wisconsin markets. Occupancy stability and supply/demand balance score at average levels, while market growth trends sit below average — reflecting the rapid 145% increase in listings that could temper per-property returns if demand doesn't keep pace. Investors should pair these data points with thorough local regulatory research and a realistic seasonal cash-flow plan before committing.
Understanding local STR regulations is essential before investing in Saint Germain. Here's the current regulatory landscape:
Short-term rental operators in Saint Germain, Wisconsin may need to obtain a tourist rooming house license through Vilas County or the State of Wisconsin Department of Agriculture, Trade and Consumer Protection. Investors should verify current permit requirements directly with local authorities before purchasing a property.
Common restrictions in Wisconsin vacation-rental markets can include occupancy limits, minimum stay requirements, noise and parking regulations, and septic-system capacity rules for lakefront properties. HOA or lake-association covenants may impose additional limitations, so reviewing all applicable deed restrictions is essential before listing a property.
Wisconsin imposes a state sales tax and a room tax on short-term rentals, and Vilas County or the local municipality may layer on additional tourism or room taxes. Many booking platforms collect and remit a portion of these taxes automatically, but hosts should confirm compliance with both state and local obligations.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Saint Germain can provide current regulatory guidance.
Financing an Airbnb investment in Saint Germain requires lenders who understand STR income. Rabbu partner lenders offer:
"Summer will continue to be the dominant revenue driver, with July and August alone accounting for nearly half of annual earnings. Over the next 12–18 months, we estimate ADR could hold steady or tick up 1–3% as traveler interest in Northwoods getaways remains strong, though occupancy is likely to stay in the 30–35% range year-round given the pronounced seasonality. The 145% year-over-year growth in active listings signals rising investor interest, so newcomers should monitor supply carefully — if listing growth outpaces demand, per-property revenue could soften. Investors targeting 4-bedroom or 6+ bedroom properties with waterfront access are best positioned to capture premium rates during peak 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 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 shifts in market conditions. Local regulations, HOA rules, and permitting requirements can change; always verify with local authorities before investing.
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