Three Oaks, MI Airbnb Market Data, Statistics, and Occupancy Rates

Three Oaks Short-Term Rental Market Overview

Three Oaks, MI is a small but compelling short-term rental market tucked near Michigan's southwestern Lake Michigan coast, where summer tourism drives outsized seasonal revenue. With just 48 active Airbnb listings and an average annual revenue of $47,779 against average home values of $535,723, the market offers an above-average revenue-to-price ratio that earned it a 68/100 ROI score — landing in the "Attractive Opportunity" band. The dramatic summer peak (July revenue tops $10,226 per listing) underscores the vacation-driven character of the area, though investors should plan for significantly quieter winter months.

Key Market Statistics

According to Rabbu market data, the Three Oaks 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 Three Oaks

Three Oaks attracts investors because of its favorable revenue-to-price dynamics in a vacation-oriented market close to Lake Michigan's popular beach communities.

Expert Market Assessment

"Three Oaks presents an attractive but seasonally concentrated investment opportunity. The market's strength lies in its summer months — July and August alone can account for roughly 40% of annual revenue — while winter months dip to around $1,500 per listing. Occupancy at 18% trails the Michigan state average of 42% significantly, partly a function of the vacation-rental pattern where properties are booked heavily in peak season and sit largely vacant in the off-season. Investors who price strategically and offer standout amenities during peak months can capture strong returns, but cash-flow planning must account for four to five lean months each year."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Three Oaks

Average revenue by month in Three Oaks

Three Oaks shows extreme seasonality: July is the clear peak at $10,226 in average revenue — nearly seven times the January low of $1,514. The summer corridor from June through August accounts for the lion's share of annual earnings, making off-season cost management critical for investors.

Active Airbnb listings by property size in Three Oaks

Three-bedroom properties make up the largest share of supply with 16 listings, while two- and four-bedroom units each account for 12 listings. The relatively balanced distribution leaves limited room for a niche play, though studio and one-bedroom listings appear absent, which could signal either low demand or an untapped segment.

Average daily rate (ADR) by property size in Three Oaks

ADR scales steeply with size in Three Oaks — from $196 for two-bedroom units to $446 for four-bedrooms, a 128% premium. Four-bedroom properties command the highest nightly rates, reflecting the family and group vacation demand typical of Lake Michigan beach markets.

Average RevPAN by property size in Three Oaks

Two-bedroom listings deliver the strongest RevPAN at $64, outperforming both three-bedrooms ($29) and four-bedrooms ($56). This suggests that smaller units benefit from higher occupancy that more than compensates for their lower nightly rate, making them an efficient choice for revenue per available night.

Average occupancy rates by property size in Three Oaks

Two-bedroom properties lead significantly with 33% occupancy, while three-bedroom (10%) and four-bedroom (13%) listings lag well behind. The gap indicates that smaller, more affordable units attract more consistent bookings, while larger properties may depend on fewer high-value peak-season stays for their income.

Average monthly revenue by property size in Three Oaks

Four-bedroom listings lead monthly revenue at $4,742, followed by three-bedrooms at $3,558 and two-bedrooms at $2,655. Despite lower occupancy, the premium nightly rates of larger homes translate to higher absolute monthly income, rewarding investors willing to carry higher operating costs.

Average annual revenue by property size in Three Oaks

At $56,914 per year, four-bedroom properties generate roughly 79% more annual revenue than two-bedroom listings ($31,864) and 33% more than three-bedrooms ($42,696). For investors targeting maximum gross income, larger properties offer the strongest return potential in this market.

Most common amenities for Airbnb listings in Three Oaks

Parking and kitchens are nearly universal at 98%, while outdoor-living amenities like backyards (83%), BBQ grills (83%), and patios (77%) dominate — signaling that guests expect a full vacation-home experience. Pet-friendliness (44%) and hot tubs (31%) represent meaningful differentiators that can help a listing stand out in peak season competition.

Understanding Three Oaks's ROI Score: 68/100

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

Three Oaks earns a 68/100 ROI score, placing it in the "Attractive Opportunity" band driven primarily by an above-average revenue-to-price ratio — meaning the income these properties generate is healthy relative to typical home prices. Occupancy stability and market growth trend score as average, while the supply/demand balance falls below average, likely reflecting the rapid 123% increase in active listings. Investors should pair this score with on-the-ground regulatory research and a realistic seasonal cash-flow model before committing capital.

Short-Term Rental Regulations in Three Oaks

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

Permit Requirements

Three Oaks, Michigan may require short-term rental registration or permits at the local level, and investors should verify current requirements directly with the Village of Three Oaks and Berrien County authorities before listing a property.

Key Restrictions

Common restrictions in Michigan STR markets can include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and potential HOA or neighborhood association rules. Investors should review any zoning overlays or permit caps that may apply to their specific property location.

Tax Obligations

Short-term rental operators in Michigan are generally subject to the state's 6% use tax and may owe local accommodations or tourism taxes depending on the jurisdiction. Many booking platforms collect and remit state-level taxes automatically, but hosts should confirm local tax obligations with a qualified advisor.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Three Oaks is likely to see continued strength during its summer peak, with June through August driving the bulk of annual income. Given 123% year-over-year growth in active listings, competition is ramping up quickly, which could apply modest downward pressure on occupancy rates that already sit well below the state average at 18%. ADR may hold steady or edge up 1–3% as larger, premium properties continue to command rates north of $400/night, but investors should budget conservatively and plan for off-season revenue in the $1,500–$2,000 range per month."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Three Oaks, MI

What is the average Airbnb occupancy rate in Three Oaks?

The average Airbnb occupancy rate in Three Oaks is currently 18%, which is well below the Michigan state average of 42%. This lower figure reflects the highly seasonal nature of the market — properties fill up during summer months but see significantly less demand from late fall through early spring. Two-bedroom properties lead occupancy at 33%, while three- and four-bedroom units average 10% and 13% respectively.

How much do Airbnb hosts make in Three Oaks?

Airbnb hosts in Three Oaks earn an average of $3,981 per month and approximately $47,779 per year based on trailing 12-month performance. Revenue varies significantly by property size: two-bedroom listings average around $31,864 annually, three-bedrooms bring in about $42,696, and four-bedroom properties top the market at roughly $56,914 per year. Keep in mind that most of this income is concentrated in the summer peak season.

Is Three Oaks a good market for Airbnb investment?

Three Oaks carries a Rabbu ROI Score of 68 out of 100, placing it in the "Attractive Opportunity" category. The market benefits from an above-average revenue-to-price ratio, meaning the income potential relative to home costs is favorable compared to many Michigan markets. However, investors should note the strong seasonality — July revenues can exceed $10,000 while January drops below $1,600 — and the rapid growth in listings (123% year-over-year), which may increase competition going forward.

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

The average daily rate in Three Oaks is $356, which is slightly above the Michigan state average of $350. ADR scales notably with property size: two-bedroom listings average $196/night, three-bedrooms command $294/night, and four-bedroom properties reach $446/night. These rates reflect the premium vacation-home character of the area near Lake Michigan.

Are short-term rentals legal in Three Oaks?

Short-term rentals are generally permitted in the Three Oaks, Michigan area, though specific permit or registration requirements may apply at the village or county level. Regulations can vary and may include zoning restrictions, occupancy limits, or other conditions. Investors should contact the Village of Three Oaks and Berrien County offices directly to confirm current rules before purchasing or listing a property.

When is peak season for Airbnb in Three Oaks?

Peak season in Three Oaks runs from June through September, with July being the clear standout at an average revenue of $10,226 per listing. August follows closely at $8,827, and September still performs well at $4,795. The off-season spans roughly November through April, when monthly revenues drop to between $1,462 and $2,349. This seasonal pattern is typical of Lake Michigan beach communities.

How many Airbnbs are there in Three Oaks?

As of April 2026, there are 48 active Airbnb listings in Three Oaks. The supply is distributed across three main property sizes: 12 two-bedroom listings, 16 three-bedroom listings, and 12 four-bedroom listings. Notably, the market has seen 123% year-over-year growth in active listings, indicating growing investor and host interest in the area.

How is Airbnb revenue calculated in Three Oaks?

The annual and monthly revenue figures shown for Three Oaks 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. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results up to a market-level historical average. This methodology anchors figures to what hosts have actually earned recently and naturally captures seasonal peaks and slower periods since each month draws from 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 Three Oaks market
• Occupancy rates, average daily rates, and seasonal revenue trends based on trailing 12-month performance
• Revenue and yield metrics including RevPAN, monthly revenue, and annual revenue by property size
• Property value benchmarks sourced from Zillow Home Value Index (ZHVI)
• Data aggregated from multiple providers and Rabbu proprietary analytics for consistency

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 performance as of April 2026 and may not capture the most recent market shifts. Local regulations, HOA rules, and tax obligations can change; investors should verify current requirements with local authorities before purchasing.