How to Rent Your Vacation Home or Condo in Addison, Michigan

When you're looking to rent your home out for a short-term rental, you have certain expectations in mind. Whether it's for an extra cash infusion or to boost your revenue overall, you want to ensure that the experience is as positive as possible for everyone involved. And when you look at the data, you can see that there's been a lot of positive growth in Addison over the past few years. The demand for short-term rental homes has increased significantly, while the supply has remained relatively low. As a result, many homeowners are choosing to take advantage of this trend and turn their empty homes into income-generating investments. But if you're ready to start making some money on the side, it's important to know what to expect when it comes to short-term rental trends in Addison, Michigan.

Current Vacation Rental Trends in Addison

During the month of September, Addison is projected to generate over $297/night for a 2 bedroom vacation rental, on average! There were 7 vacation active rental properties in Addison.  7 are renting the entire place, and 0 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Addison is booked 81% of the time, and most hosts are projected to generate $7,817 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
tag

$297.00 Per Night*

calendar

81% Occupied*

gauge

$7,817.00 Per Month*

* Based on the median average of all vacation rentals in the Addison area.
Get a free estimate for your home or condo.

Vacation Rentals in Addison are Generating Record Profits with RedAwning

See how much your Addison vacation rental could earn:

Successful short-term vacation rentals in Addison, Michigan

Positive vacation rental trends in Addison, Michigan when you considering renting out your Addison home as a short-term rental. These are a few things to keep in mind: There is no shortage of great restaurants and bars in Addison, Michigan. The downtown area is bustling at all times of the day. Addison has been named one of the best small towns to live in America by Money Magazine. It's easy to find anything you need when you're on vacation. There is public transportation throughout the city, so it's not necessary to own a vehicle if you're staying for only a short period of time. You can walk or take a short car ride to get around town. The climate in Addison, Michigan is similar to that of most other areas in the Midwest. Summers are hot and humid, while winters are cold and snowy. The average temperature in January is around 25 degrees Fahrenheit and in July it's around 83 degrees Fahrenheit.

Positive short term rental trends in Addison, Michigan include: Addison is a popular vacation spot with many hotels The area is close to the Addison Lake and Addison Bay Nature Preserves Many families have found short term rentals an affordable option for their vacations Other neighborhoods nearby include Canton and Plymouth

Revenue Projections for Vacation Rentals in Addison, Michigan during October, 2022

Based on a 2 bedroom, which is the most common Addison vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in October. Higher bars below can command higher prices, if your Addison vacation rental is available during these days.
 
$17586%1st
 
$17586%2nd
 
$17586%3rd
 
$17586%4th
 
$17586%5th
 
$17586%6th
 
$17586%7th
 
$17586%8th
 
$17586%9th
 
$17586%10th
 
$17586%11th
 
$17586%12th
 
$17586%13th
 
$17586%14th
 

Average Daily Price & Percent Occupied Next Month In Addison

Note: These averages are based on a 2 bedroom home in Addison. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in Addison, Michigan?

If you are a speculative home buyer or have another home in Michigan, check out our other Michigan Vacation Rental Management reports in Ann ArborBay CityDetroitFrankenmuthGrand HavenGrand RapidsHollandKalamazooLansingSault Ste. MarieTraverse CitySaugatuckFrankfortDouglasSouth HavenSt. JosephCarp Lake,  and Copper Harbor, Michigan or view all of our vacation rental market reports

Request More Information