Adrian, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Adrian short-term rental market based on reliable data.

Listings

46 / 85

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$26,270

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$191,069

Median Home Sale Price

Top Earners

$44,633

Top-Earners Revenue

Adrian

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Adrian.

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B

Generally Investor friendly

Adrian Regulations

Adrian allows STRs under standard rental rules, with moderate registration, inspection, and re‑inspection fees and a 3‑year certificate; no caps or restrictive zoning and enforcement is procedural, not hostile.

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About Adrian

Adrian is a small city in southeastern Michigan that serves as the county seat of Lenawee County, with a population of roughly 20,000 residents. The city has the feel of a classic Midwestern college town, shaped heavily by the presence of two higher-education institutions — Adrian College and Siena Heights University — and by the gentle passage of the Raisin River through its downtown. Best known regionally as a hub for the surrounding agricultural and lake country, Adrian sits about 75 miles southwest of Detroit and roughly 30 miles southwest of Ann Arbor, placing it within easy reach of two of Michigan's most visited metropolitan areas while retaining a quieter, small-city pace of its own.

The historic Croswell Opera House is the anchor of Adrian's downtown and one of the oldest continuously operating theaters in Michigan, with a history reaching back to the 1860s. It hosts a year-round slate of plays, musicals, and community performances, drawing visitors from across Lenawee County and giving the city's center a lively cultural rhythm. It is within walking distance of most of Adrian's central accommodations.

Just to the north, the broader Irish Hills region spreads across the rolling countryside of southeastern Michigan, a landscape of small glacial lakes, wooded parks, and family-friendly attractions that has been a regional vacation destination for generations. About 30 miles north of Adrian, near the town of Brooklyn, Michigan International Speedway is one of the country's premier NASCAR venues and a major draw during its major race weekends, when visitor traffic fills hotels and short-term rentals throughout Lenawee County.

A little closer to home, the Raisin River and its adjacent parks, including the popular Bohn Pool and nearby river greenways, offer walking, fishing, and paddling within the city limits. Surrounding Lenawee County adds a quieter layer of appeal, with its patchwork of small farms, historic small towns, and the linked chain of inland lakes that draw weekend visitors from across the Midwest.

For short-term rental investors, Adrian offers a compelling mix of year-round and seasonal demand drivers. The college population sustains steady fall-through-spring bookings, while the nearby speedway brings sharp weekend peaks, and the Irish Hills provide a quieter summer-lake appeal. Its affordability relative to Ann Arbor and Detroit, combined with its central position in a region rich in lakes, racing, and rural scenery, makes it a practical and well-located base for guests exploring southeastern Michigan.

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