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View PropertiesAs of Apr, 27 2026
Winter, Wisconsin is a small, seasonal short-term rental market tucked into the Northwoods with just 21 active Airbnb listings. The market's average daily rate of $283 sits below the $368 state average, and occupancy runs at 17% compared to 38% statewide — hallmarks of a vacation-cabin market with intense summer demand and quiet shoulder seasons. Average annual revenue comes in at $22,222 per listing, making this a market best suited for investors who can keep acquisition costs low and lean into peak-season pricing.
According to Rabbu market data, the Winter short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 21 |
| Average Daily Rate (ADR) | vs. $368 state avg. | $283 |
| Average Occupancy Rate | vs. 38% state avg. | 17% |
| RevPAN | ADR * Occupancy Rate | $47 |
| Average Monthly Revenue | Historical 12-month average | $1,851 |
| Average Annual Revenue | Historical 12-month average | $22,222 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Investors consider Winter for its low-competition environment, affordable property prices relative to lakefront markets, and strong summer demand driven by outdoor recreation.
Key investment factors
"Winter presents a niche opportunity rather than a high-volume investment play. Revenue is heavily concentrated in the summer months — July alone accounts for roughly $4,516 in average monthly revenue, more than four times the annual monthly average — so cash-flow planning needs to account for extended quiet periods in spring and late fall. That said, the tiny supply of just 21 listings means a well-appointed lakefront cabin can capture outsized demand during peak weeks. Investors comfortable with seasonal income patterns and low carrying costs may find this market quietly rewarding."
— Rabbu Market Analysis Team
Winter's revenue is sharply seasonal: July ($4,516) and August ($4,208) together account for nearly 40% of annual earnings, while April ($457) is the weakest month. This roughly 10x spread between peak and trough underscores the importance of maximizing summer pricing and considering minimum-stay strategies to capture full-week bookings.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,054 |
| February |
|
$1,391 |
| March |
|
$807 |
| April |
|
$457 |
| May |
|
$1,215 |
| June |
|
$2,511 |
| July |
|
$4,516 |
| August |
|
$4,208 |
| September |
|
$2,104 |
| October |
|
$1,790 |
| November |
|
$1,006 |
| December |
|
$1,159 |
Supply is relatively balanced across the three property sizes tracked, with 7 three-bedroom units, 6 two-bedrooms, and 5 one-bedrooms. The modest total of 18 listings across these categories suggests low competition at every size, though investors targeting family-sized cabins (3 bedrooms) will find the most crowded — albeit still tiny — segment.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
5 |
| 2 bedrooms |
|
6 |
| 3 bedrooms |
|
7 |
ADR climbs steadily from $137 for 1-bedroom units to $252 for 3-bedroom properties, an 84% premium. The jump from 1 to 2 bedrooms ($137 to $216) is proportionally the largest, suggesting that adding a second bedroom significantly expands the guest pool and rate ceiling.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$137 |
| 2 bedrooms |
|
$216 |
| 3 bedrooms |
|
$252 |
Three-bedroom properties lead with a RevPAN of $47, more than double the $20 figure for 1-bedroom units. This gap indicates that larger cabins not only command higher nightly rates but also convert available nights into revenue more efficiently, making them the strongest performers on a per-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$20 |
| 2 bedrooms |
|
$30 |
| 3 bedrooms |
|
$47 |
Occupancy rates are low across all sizes — 15% for 1-bedrooms, 14% for 2-bedrooms, and 19% for 3-bedrooms — reflecting the market's deep seasonality. Three-bedroom units edge ahead, likely because families and groups booking summer lake trips fill these properties more consistently during peak weeks.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
15% |
| 2 bedrooms |
|
14% |
| 3 bedrooms |
|
19% |
Monthly revenue ranges from $604 for 1-bedroom listings up to $1,711 for 3-bedroom properties, nearly a 3x difference. Two-bedroom units land at $1,530, making the incremental revenue gain from a second to third bedroom relatively modest compared to the jump from one to two bedrooms.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$604 |
| 2 bedrooms |
|
$1,530 |
| 3 bedrooms |
|
$1,711 |
Three-bedroom properties generate an average of $20,537 per year, followed by 2-bedrooms at $18,364 and 1-bedrooms at just $7,255. Investors targeting the strongest return potential should focus on 3-bedroom cabins, though 2-bedroom units offer a competitive alternative with slightly lower acquisition and upkeep costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$7,255 |
| 2 bedrooms |
|
$18,364 |
| 3 bedrooms |
|
$20,537 |
Parking and a full kitchen are universal at 100% of listings, while self check-in (91%), a backyard (86%), and outdoor furniture (71%) round out the top five — all pointing to a self-sufficient cabin experience guests expect in the Northwoods. Lake access appears in 52% of listings and waterfront in 48%, signaling that water proximity is a meaningful differentiator rather than a given, and investors who secure lakefront properties can stand out.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
100% |
| Self Check-in |
|
91% |
| Backyard |
|
86% |
| Outdoor Furniture |
|
71% |
| Patio or Balcony |
|
67% |
| BBQ Grill |
|
62% |
| Washer |
|
57% |
| Lake Access |
|
52% |
| Dryer |
|
52% |
| Waterfront |
|
48% |
| Pets |
|
33% |
| Beach Access |
|
19% |
| Workspace |
|
14% |
Understanding local STR regulations is essential before investing in Winter. Here's the current regulatory landscape:
Short-term rental operators in Winter, Wisconsin may need to obtain a tourist rooming house license from the state and should verify whether Sawyer County or the Town of Winter imposes additional registration or permitting requirements. Investors are encouraged to check directly with local authorities before listing a property.
Common restrictions that may apply include occupancy limits tied to bedroom count, minimum-night stay requirements, noise and quiet-hour ordinances, parking capacity rules, and any HOA or lake-association covenants that govern rental activity. Given the rural, lake-focused nature of the area, septic capacity and dock usage rules are also worth confirming.
Wisconsin imposes a state sales tax and a room tax on short-term rental stays, and Sawyer County may levy an additional local room tax. Major booking platforms typically collect and remit state-level taxes, but hosts should confirm local tax obligations are covered as well.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Winter can provide current regulatory guidance.
Financing an Airbnb investment in Winter requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, expect Winter's revenue pattern to remain sharply seasonal, with July and August continuing to drive the bulk of annual income. ADR could edge up modestly — perhaps 1–3% — as remote-work travelers and outdoor recreation enthusiasts continue discovering Wisconsin's lake country, though occupancy gains are likely to be incremental given the area's cold-weather off-season. Investors should build financial plans that assume significant revenue concentration in the June-through-September window, with winter snowmobile and ice-fishing traffic providing a smaller secondary boost."
— 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 trailing 12-month averages as of April 2026 and may not capture very recent market shifts. Local regulations, HOA rules, and seasonal conditions can significantly affect individual property performance.
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