Birmingham Michigan Vacation Rental Managers
Income Estimates And Tips To Run a Successful Short Term Rental in Birmingham, Updated December 2023
Positive overall trends in the Birmingham area when renting out your home as a vacation rental: In a recent report by HomeAway, Birmingham is one of the most popular destinations for short-term rentals in Michigan. It’s easy to see why - with its beautiful lakes, great restaurants, and entertainment options, it’s hard to beat. The beach is also a huge draw, with nearby Lake St. John and Lake Michigan offering plenty of opportunities for fun in the sun. It’s no wonder that so many people choose to rent their homes as vacation rentals during their visits! With rates as low as $40 per night, it’s an affordable option that can save you money on your next getaway. Whether you’re looking for something close to home or are open to traveling outside of the area, there’s sure to be a Birmingham vacation rental that fits your needs and budget.
When partnering with RedAwning for your property management needs, we can make sure your Birmingham rental is set up correctly and ready to generate the most amount of revenue possible per stay.
What's the demand for short-term rentals like? Despite high real estate prices, Birmingham, MI is a popular vacation destination. Demand for vacation rental properties in Birmingham is strong. And, there are almost 800 Airbnb listings in the city. That's nearly double the number of short-term rental listings available in the nearby city of Holland, Michigan (405). There are two main reasons why people choose to rent a vacation home in Birmingham: The first is that they want to save money on hotel bills. The second is that they want to experience the local culture and meet new people. In both cases, short-term rental properties are great options. They can be a good fit if you have space to spare and want to earn some extra cash on the side.
When you’re searching for the perfect vacation rental in Birmingham, Michigan, you may be surprised to see that there are many positive trends associated with short-term rentals. One of the most common reasons for renting out your home is to make extra money. If you have a nice home that would normally go unused during the summer months, or if your property has lots of character and charm, then it’s worth looking into short-term rental opportunities. You can also rent out your home for special occasions such as weddings and corporate retreats. For example, one Birmingham hotel has been renting out their presidential suite to wedding parties since 1983. Another positive trend associated with short-term rentals is that they are becoming more popular with families. With school vacations starting earlier and extended hours at theme parks and other attractions, there are more families spending less time at home during the summer months. Short-term rentals provide additional space and amenities to share while on vacation, helping families keep costs down and enjoy quality time together.
RedAwning takes the guess-work out of Birmingham property management, and we work with you to ensure your Birmingham short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
Note: These averages are based on a 2 bedroom home in Birmingham. 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.
If you are a speculative home buyer or have another home in Michigan, check out our other Michigan Vacation Rental Management reports in Ann Arbor, Bay City, Detroit, Frankenmuth, Grand Haven, Grand Rapids, Holland, Kalamazoo, Lansing, Sault Ste. Marie, Traverse City, Addison, Saugatuck, Frankfort, Douglas, South Haven, St. Joseph, Carp Lake, Copper Harbor, Onaway, Thompsonville, West Bloomfield Township, East Tawas, Farwell, Southfield, Pontiac, Fennville, Saginaw, Kewadin, Ludington, Taylor, Harbor Point, Honor, Boyne City, Brownstown Charter Township, Fenton, Harrison, Hamtramck, Brooklyn, Caledonia, Erie, Farmington, Dowagiac, Alanson, and Elmira, Michigan or view all of our vacation rental market reports