How to Rent Your Vacation Home or Condo in Ann Arbor, Michigan

Positive vacation rental trends in Ann Arbor, Michigan when you considering renting out your Ann Arbor home as a short-term rental include: There are many positive factors to consider when renting out your Ann Arbor home as a short-term rental. When you rent out your Ann Arbor home as a short-term rental, it becomes easier to schedule your week off work to coincide with the days the property is available for rent. You can also use this time to take care of any maintenance and repairs that need to be done before the property is rented. It can also be an opportunity to upgrade your property so it is more appealing to potential renters. Finally, renting out your Ann Arbor home as a short-term rental can be lucrative, especially if you are able to find repeat guests who return time after time.

Current Vacation Rental Trends in Ann Arbor

During the month of September, Ann Arbor is projected to generate over $251/night for a 2 bedroom vacation rental, on average! There were 520 vacation active rental properties in Ann Arbor.  434 are renting the entire place, and 86 are shared rooms.  On average, during the month of September 2022, each vacation rental property in Ann Arbor is booked 76% of the time, and most hosts are projected to generate $3,680 or more during the month of September! See how much you could earn with our free vacation rental income calculator.
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$251.00 Per Night*

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76% Occupied*

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$3,680.00 Per Month*

* Based on the median average of all vacation rentals in the Ann Arbor area.
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Vacation Rentals in Ann Arbor are Generating Record Profits with RedAwning

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Successful short-term vacation rentals in Ann Arbor, Michigan

Short-term rental (STR) is an increasingly popular way to make extra money by renting out your home. Whether you’re looking for a quick cash infusion or a long-term investment, renting out your Ann Arbor, Michigan home can be a smart way to earn some extra income. But before you list your home with Airbnb or any other platform, there are a few things you should know. Here are some positive vacation rental trends in Ann Arbor: There are several benefits to renting out your Ann Arbor, Michigan home as a vacation rental. First of all, it can be a great source of extra income. And second, it’s an opportunity for you to get exposure for your hometown and help attract more visitors to the city.

A study by the National Vacation Rental Marketing Association (NVRA) found that short-term rental occupancy rates rose 31% from 2015 to 2016, and that more than 49% of vacation rental properties saw an increase in bookings during the same period. There are many reasons for this new trend, ranging from increased demand from travelers looking for affordable accommodations to the increasing popularity of Airbnb and VRBO. In addition, short-term rentals offer homeowners a way to generate additional income, whether it is for a few nights a year or for an entire month. If you are interested in renting out your Ann Arbor home as a short-term rental, there are several things you should keep in mind when doing so. First, it is important to find out if there are any regulations in place regarding short-term rentals in your area. Second, make sure that you have everything you need available before guests arrive. Finally, be sure to clear the dates with your property manager well in advance and inform them about any special rules or requirements.

Revenue Projections for Vacation Rentals in Ann Arbor, Michigan during October, 2022

Based on a 2 bedroom, which is the most common Ann Arbor 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 Ann Arbor vacation rental is available during these days.
 
$31081%1st
 
$22978%2nd
 
$22277%3rd
 
$21977%4th
 
$22378%5th
 
$23779%6th
 
$31282%7th
 
$32783%8th
 
$24982%9th
 
$22880%10th
 
$21480%11th
 
$21481%12th
 
$31786%13th
 
$83997%14th
 
$83997%15th
 
$28281%16th
 
$22579%17th
 
$21779%18th
 
$21678%19th
 
$22879%20th
 
$28481%21st
 
$28881%22nd
 
$23278%23rd
 
$22478%24th
 
$22578%25th
 
$22679%26th
 
$27383%27th
 
$75992%28th
 
$77392%29th
 
$31982%30th
 
$23578%31st
 

Average Daily Price & Percent Occupied Next Month In Ann Arbor

Note: These averages are based on a 2 bedroom home in Ann Arbor. 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 Ann Arbor, Michigan?

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

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