Boyne City, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

178 / 324

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$36,457

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$417,595

Median Home Sale Price

Top Earners

$71,518

Top-Earners Revenue

Boyne City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Boyne City.

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B

Generally Investor friendly

Boyne City Regulations

Explicitly allowed with straightforward licensing (annual $300 fee, clear process). A citywide cap of 130 units (~10% of homes) and moderate operational rules keep compliance manageable but limit scale.

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About Boyne City

Boyne City is a small lakeside community nestled on the southern shore of Lake Charlevoix in Charlevoix County, in Michigan's Lower Peninsula. The city has a population of roughly 3,800 residents and carries the relaxed, walkable charm of a Northern Michigan resort town, with a compact downtown, a public marina, and easy access to both water and forest. It functions as a quieter, less-developed alternative to nearby Charlevoix and Petoskey, while still serving as a convenient base for exploring the Petoskey region and the chain of inland lakes that draws visitors year-round. The city sits roughly three hours north of Grand Rapids, Michigan's second-largest metropolitan area, and a little over four hours north of Detroit.

One of the defining features of the area is Lake Charlevoix, the second-largest inland lake in Michigan and one of the deepest in the state. The lake draws boaters, kayakers, anglers, and beachgoers in summer, while snowmobilers and ice anglers use its frozen surface in winter. The Boyne City lakefront, including the public beach and Veterans Memorial Park, sits within a short walk of the downtown core and offers public access to the water just minutes from most short-term rentals.

Just a few miles south of town, Boyne Mountain Resort in Boyne Falls is a year-round recreation hub with downhill skiing, the Avalanche Bay indoor waterpark, two golf courses, and a spa. Drive time from the city is roughly 10 to 15 minutes, and the resort is one of the most cited reasons visitors choose to stay in the Boyne City area in any season.

For visitors who want a lower-key outdoor day, Young State Park sits on the western shore of Lake Charlevoix about five minutes from downtown. The park offers a sandy swimming beach, campsites, and hiking trails, and provides a gentler alternative to the resort crowds for families and casual day-trippers.

The surrounding region opens up further excursions in every direction. Charlevoix, known for its round lake and ferry to Beaver Island, lies about 20 minutes to the northwest, while Petoskey, famous for its Petoskey stones and Gas Light District, is roughly 30 minutes north. Petoskey State Park and the scenic M-119 Tunnel of Trees along Lake Michigan are both within an hour's drive, expanding the day-trip options for guests staying in Boyne City.

Boyne City stands out as a short-term-rental market because it pairs small-town atmosphere with genuine four-season appeal. Visitors can spend a morning on Lake Charlevoix, an afternoon skiing or riding the waterpark at Boyne Mountain, and an evening dining along the waterfront or browsing the downtown, all without long drives. That combination of natural setting, nearby resort amenities, and proximity to the broader Petoskey–Charlevoix–Lake Michigan corridor makes the city a versatile year-round base for travelers and a strong fit for owners looking to capture both summer and winter bookings.

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