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

Stevensville Short-Term Rental Market Overview

Stevensville, MI is a small lakeside market with just 34 active Airbnb listings and a notably strong revenue-to-price ratio that earned it an ROI score of 72 out of 100. Average annual revenue sits at $61,837 against average home values of $513,336, and the market's ADR of $407 significantly outpaces Michigan's $350 state average. While occupancy runs well below the state average at 22%, the premium nightly rates — driven by seasonal demand along Michigan's southwestern shore — help compensate, making this a compelling option for investors comfortable with a highly seasonal cash-flow pattern.

Key Market Statistics

According to Rabbu market data, the Stevensville short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Stevensville

Investors are drawn to Stevensville for its above-average revenue-to-price ratio and premium nightly rates that capitalize on Lake Michigan's seasonal tourism appeal.

Expert Market Assessment

"Stevensville presents an attractive but decidedly seasonal investment opportunity. Revenue swings dramatically from a winter low of roughly $1,895 in February to a summer peak of $13,229 in July — a nearly 7x spread that underscores how dependent returns are on the June-through-September corridor. The 72/100 ROI score reflects a genuine strength in revenue relative to acquisition costs, tempered by average occupancy stability and moderate growth trends. Investors who can weather lean winter months and optimize pricing during the 16-week peak season stand to capture meaningful returns in a market that remains relatively undersupplied."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Stevensville

Average revenue by month in Stevensville

Stevensville exhibits extreme seasonality, with July ($13,229) and August ($11,422) generating roughly 40% of annual revenue combined, while winter months like February ($1,895) drop to one-seventh of the peak. Investors should plan for a concentrated earning window from June through September and budget accordingly for the November-through-April slow season.

Active Airbnb listings by property size in Stevensville

Four-bedroom properties make up the largest share of Stevensville's 34 active listings with 10 units, followed by 2-bedrooms (9) and 3-bedrooms (6). The relatively thin 3-bedroom segment — despite its strong revenue metrics — may represent an underserved niche worth exploring.

Average daily rate (ADR) by property size in Stevensville

ADR climbs steeply with property size, from $181 for 2-bedroom units to $340 for 3-bedrooms and $468 for 4-bedrooms. The jump from 2 to 3 bedrooms nearly doubles the nightly rate, suggesting that the additional bedroom delivers outsized pricing power in this vacation-oriented market.

Average RevPAN by property size in Stevensville

Three-bedroom properties deliver the highest RevPAN at $115, outpacing 4-bedrooms ($92) and significantly exceeding 2-bedrooms ($22). This indicates that 3-bedroom units strike the best balance between occupancy and rate, converting their nightly pricing into the most consistent per-night revenue.

Average occupancy rates by property size in Stevensville

Occupancy varies sharply by size: 3-bedroom listings lead at 34%, while 4-bedrooms sit at 20% and 2-bedrooms trail at just 12%. The higher fill rate for 3-bedroom properties suggests they hit a sweet spot for group size and affordability that resonates with the typical Stevensville guest.

Average monthly revenue by property size in Stevensville

Three-bedroom and 4-bedroom properties generate nearly identical monthly revenue — $5,495 and $5,426, respectively — while 2-bedroom units earn $2,800, roughly half as much. For investors weighing acquisition cost against income, the similarity between 3- and 4-bedroom earnings is noteworthy given that 3-bedrooms achieve it with higher occupancy and lower ADR.

Average annual revenue by property size in Stevensville

Annual revenue tops out at $65,941 for 3-bedroom properties, with 4-bedrooms close behind at $65,123 and 2-bedrooms at $33,605. Given likely lower acquisition and maintenance costs, 3-bedroom units may offer the strongest return on investment in this market.

Most common amenities for Airbnb listings in Stevensville

Parking (100%), kitchen (97%), and BBQ grill (94%) are near-universal in Stevensville listings, signaling that guests expect a full vacation-home experience. Notable differentiators include hot tubs (53%), pet-friendliness (50%), and lake access (27%) — amenities that can help a listing stand out and command premium rates in a competitive summer season.

Understanding Stevensville's ROI Score: 72/100

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

Stevensville's ROI score of 72 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio — hosts are generating meaningful income relative to the $513K average home value. Occupancy stability, market growth trend, and supply/demand balance all rate as average, reflecting a market that's growing (54% YoY listing increase) but still finding its equilibrium. Pairing these metrics with thorough local regulatory research and a realistic seasonal cash-flow model will help investors determine whether this lakeside Michigan market fits their portfolio goals.

Short-Term Rental Regulations in Stevensville

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

Permit Requirements

Short-term rental operators in Stevensville, Michigan should verify whether a local STR permit or registration is required through the City of Stevensville and Berrien County. Michigan does not impose a statewide STR licensing mandate, so requirements vary by jurisdiction and investors should confirm compliance with local zoning offices before listing.

Key Restrictions

Common restrictions in Michigan communities include occupancy limits tied to bedroom count, minimum-stay requirements (especially in residential zones), noise and nuisance ordinances, and off-street parking mandates. HOA and community association covenants may also limit or prohibit short-term rentals in certain subdivisions, so reviewing deed restrictions is an important due-diligence step.

Tax Obligations

Michigan levies a 6% state use tax on short-term accommodations, and Berrien County may impose additional local lodging or assessment fees. Major booking platforms typically collect and remit state-level taxes on behalf of hosts, but investors should verify local obligations and keep records for compliance purposes.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Stevensville's short-term rental market is expected to maintain its summer-heavy revenue profile, with July and August continuing to drive the lion's share of annual income. Supply grew 54% year-over-year, so new entrants should monitor whether additional listings begin to soften occupancy or ADR during shoulder months. Investors can reasonably anticipate ADR holding in the $390–$420 range given persistent demand for lakefront getaways, though occupancy may settle between 20–25% as the market absorbs new inventory. Strategic pricing during the June-through-September peak will remain the primary lever for maximizing returns."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Stevensville, MI

What is the average Airbnb occupancy rate in Stevensville?

The average occupancy rate for Airbnb listings in Stevensville is currently 22%, which falls below Michigan's 42% state average. This reflects the market's strong seasonal character — occupancy concentrates heavily in summer months when Lake Michigan tourism peaks. Three-bedroom properties lead with 34% occupancy, while 2-bedroom units average just 12%. Investors should plan cash-flow projections around this seasonality rather than expecting consistent year-round bookings.

How much do Airbnb hosts make in Stevensville?

Airbnb hosts in Stevensville earn an average of $5,153 per month and approximately $61,837 per year based on trailing 12-month booking data. Earnings vary significantly by property size — 3-bedroom listings average about $65,941 annually, while 2-bedroom units bring in around $33,605. Revenue is heavily concentrated in the summer months, with July alone averaging $13,229 per listing compared to just $1,895 in February.

Is Stevensville a good market for Airbnb investment?

Stevensville scores 72 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market's key strength is an above-average revenue-to-price ratio — average annual revenue of $61,837 against home values around $513,336 offers a compelling yield for a lakefront Michigan market. The main consideration is seasonality: the bulk of income arrives between June and September. Investors who price aggressively in peak season and manage expenses carefully during quieter months can find solid returns here.

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

The average daily rate in Stevensville is $407, which is 16% higher than the $350 Michigan state average. ADR scales meaningfully with property size: 2-bedroom listings average $181/night, 3-bedrooms command $340, and 4-bedroom properties reach $468. These premium rates reflect the vacation-rental character of the market and guests' willingness to pay more for lakeside and well-appointed properties.

Are short-term rentals legal in Stevensville?

Short-term rentals operate in Stevensville, MI, with 34 active Airbnb listings currently on the market. However, local regulations can change, and investors should verify current permit requirements, zoning rules, and any applicable restrictions with the City of Stevensville and Berrien County before purchasing or listing a property. Michigan does not impose a blanket statewide STR ban, but individual municipalities may have their own ordinances.

When is peak season for Airbnb in Stevensville?

Peak season in Stevensville runs from June through September, with July delivering the highest average monthly revenue at $13,229 per listing — nearly seven times the February low of $1,895. August follows closely at $11,422, while June ($7,175) and September ($6,209) round out the high-demand corridor. This tracks with Lake Michigan's warm-weather tourism season, when visitors flock to the area for beach access, outdoor activities, and small-town charm.

How many Airbnbs are there in Stevensville?

There are currently 34 active Airbnb listings in Stevensville as of April 2026. Supply grew 54% year-over-year, indicating increasing investor interest. The market is split across 2-bedroom (9 listings), 3-bedroom (6 listings), and 4-bedroom (10 listings) properties, with 4-bedrooms representing the largest segment. Despite the growth, overall supply remains modest, which can benefit operators by limiting direct competition.

How is Airbnb revenue calculated in Stevensville?

The annual and monthly revenue figures shown for Stevensville are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remaining data up to a market-level historical average. Because each month uses its own historical performance, the figures naturally reflect seasonal peaks (like the $13,229 July average) and slower periods (such as February's $1,895). Individual results can vary based on property quality, pricing strategy, location within the market, 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 Stevensville, MI market
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12 months of booking data
• Home value estimates sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to benchmark guest expectations

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and current snapshots; market conditions, regulations, and listing dynamics can change. Individual property results will vary based on location, quality, pricing strategy, and management approach.