Grayling, MI

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

119 / 240

Reliable / Active

Cap Rate

15%

Middle-Earners Gross Yield

Revenue

$25,477

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$172,981

Median Home Sale Price

Top Earners

$47,974

Top-Earners Revenue

Grayling

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Grayling.

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B

Generally Investor friendly

Grayling Regulations

Short-term rentals are permitted in both City and Township of Grayling with clear permitting steps and a dedicated STR ordinance, indicating a supportive stance. Compliance requires licensing, inspections, occupancy/noise rules, and standard tax obligations—moderate but well-defined burdens for investors.

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About Grayling

Grayling ( GRAY-ling) is a city and the county seat of Crawford County in the U.S. state of Michigan. It is the only incorporated community in Crawford County. The population was 1,884 at the 2010 census. The city is surrounded by Grayling Charter Township, but the two are administered autonomously. The city is located in the middle of the Northern Michigan region at the junctions of Interstate 75, U.S. Route 127, M-72, and M-93. Grayling is well known for hosting the Au Sable River Canoe Marathon in July of every year since 1947. The city is named after the Grayling species of fish once abundant in the Au Sable River, although the species has been extirpated in Michigan since 1936. There have been many attempts to bring Grayling back to the area but none have been successful.

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