Houghton, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

175 / 288

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$31,944

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$261,219

Median Home Sale Price

Top Earners

$66,952

Top-Earners Revenue

Houghton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Houghton.

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C

Challenging to Investors

Houghton Regulations

Allowed but highly constrained: STRs require a conditional use permit, multi-agency inspections, and ongoing fees; zoning limits, concentration caps, and seasonal restrictions add operational risk, making compliance costly and uncertain.

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About Houghton

Houghton (; HOH-tən) is the largest city and county seat of Houghton County in the U.S. state of Michigan. Located on the Keweenaw Peninsula, Houghton is the largest city in the Copper Country region. It is the fifth-largest city in the Upper Peninsula, with a population of 8,386 at the 2020 census. Houghton is the principal city of the Houghton micropolitan area, which includes all of Houghton and Keweenaw counties. Houghton lies upon the Keweenaw Waterway, a partly natural, partly artificial waterway connecting at both ends to Lake Superior. Across the waterway from Houghton lies the city of Hancock. The city of Houghton was named for Douglass Houghton, an American geologist and physician, primarily known for his exploration of the Keweenaw Peninsula. Houghton is home to Michigan Technological University, a public research college founded in 1885. Michigan Tech hosts a yearly Winter Carnival in February, drawing thousands of visitors from around the world. Michigan Tech's athletic teams are nicknamed the Huskies, and compete primarily in the NCAA Division II Great Lakes Intercollegiate Athletic Conference (GLIAC). The Michigan Tech Huskies men's ice hockey team competes in the NCAA Division I Central Collegiate Hockey Association (CCHA), and has won three national championships, in 1962, 1965, and 1975.

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