Iron River, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Iron River short-term rental market based on reliable data.
Listings
46 / 149
Reliable / Active
Cap Rate
26%
Middle-Earners Gross Yield
Revenue
$28,424
Middle-Earners Revenue
Occupancy
45%
Middle-Earners Occupancy
Home Value
$111,334
Median Home Sale Price
Top Earners
$55,083
Top-Earners Revenue
Iron River
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Iron River.
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Generally Investor friendly
Iron River Regulations
Iron River allows STRs countywide with moderate permitting, basic inspections, and standard safety/compliance requirements—no hard caps are mentioned—while the county’s tone is supportive of tourism, so investment risk remains manageable.
Local STR Agent
STR specialist · Iron River, MI
About Iron River
Iron River is a city in Iron County in the U.S. state of Michigan. As of the 2020 census, the city population was 3,007. The city is situated at the southeast corner of Iron River Township, but is administratively autonomous.