Ann Arbor, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

559 / 1270

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$34,929

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$511,402

Median Home Sale Price

Top Earners

$71,129

Top-Earners Revenue

Ann Arbor

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ann Arbor.

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C

Challenging to Investors

Ann Arbor Regulations

STRs are legal but heavily constrained: non‑owner rentals are mostly prohibited in residential zones, owner‑occupied units face strict caps (4–6 guests, 30‑day max stay), and the city requires a $500 license, inspections, and multiple documents. The process is strict and enforcement‑heavy, deterring many investors.

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About Ann Arbor

Ann Arbor, Michigan, is a vibrant city located approximately 45 miles west of Detroit. It is home to roughly 120,000 residents and is well-known for its lively cultural scene, academic excellence, and picturesque landscapes. The city is particularly noted for being the site of the University of Michigan, a prominent institution that significantly influences the local economy and culture.

Ann Arbor offers a variety of attractions that enhance its appeal to short-term renters. The University of Michigan Official Website itself is a significant draw, featuring the Gerald R. Ford Presidential Library and the University of Michigan Museum of Art UMMA Website. Additionally, sports enthusiasts often visit to attend football games at Michigan Stadium, also known as "The Big House" Stadium Website.

Cultural landmarks such as the Ann Arbor Hands-On Museum Hands-On Museum, which offers interactive science and technology exhibits, and the Ann Arbor Art Fair, one of the largest juried art fairs in the nation, further enhance the city's attractiveness.

For nature lovers, the Nichols Arboretum Arboretum Website and Matthaei Botanical Gardens Botanical Gardens Website provide lush green spaces for relaxation and exploration.

Ann Arbor also boasts a rich culinary scene with numerous restaurants and breweries, including the popular Zingerman’s Deli Zingerman's Website, known for its artisanal food products.

With its mix of educational institutions, cultural landmarks, and scenic beauty, Ann Arbor proves to be an attractive destination for short-term rentals, catering to a diverse range of interests and offering a taste of both urban and natural Michigan splendor.

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