Performance indicators for the Big Rapids short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Big Rapids.
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Generally Investor friendly
STRs are permitted in many districts (R1, RP, R2, R3, RR, C2) but R1/RP require owner-occupancy and limit non-owner stays to one occupant; other zones cap occupancy to 2 per legal bedroom and 10 per house. The process involves moderate permitting, mandatory annual inspections, and reasonable fees ($40 first unit), which together create a known, manageable compliance path rather than a serious barrier.
Local STR Agent
STR specialist · Big Rapids, MI
Big Rapids is a city and the county seat of Mecosta County, Michigan. The population was 7,727 at the 2020 census, down from 10,601 in 2010. The city is located within Big Rapids Township, but it is politically independent. Big Rapids is home of the main campus of Ferris State University, a four-year public university.