Lexington, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

175 / 373

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$22,059

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$235,267

Median Home Sale Price

Top Earners

$54,759

Top-Earners Revenue

Lexington

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lexington.

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C

Challenging to Investors

Lexington Regulations

Lexington allows STRs but limits them to 20 properties village‑wide with a 250‑ft spacing rule and requires conditional use plus $200/$25 fees in residential zones. Strict caps and spacing, plus proof‑of‑activity requirements and fines, create a constrained market and deter many investors.

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About Lexington

Lexington is a small resort village tucked into Sanilac County on the western shore of Lake Huron, in Michigan's Thumb region. The community is home to roughly 1,000 residents and carries the laid-back, slow-paced feel of a classic Great Lakes vacation town, where the rhythm of the day tends to follow the lake rather than the clock. Long a summer escape for Michiganders from Detroit, Flint, and the wider Midwest, Lexington functions as a quiet gateway to the sandy shoreline and rural countryside of the Thumb. The village sits approximately 90 miles northeast of Detroit, a drive of around two hours that places it within easy weekend reach of the state's largest metro area while still feeling worlds away from it.

The most obvious draw is Lexington's Lake Huron beach, a stretch of sand and shallow water that anchors the village's identity. From the downtown core, the public beach is only a short walk or a few-minute drive, and it is the focal point of summer visits for families, swimmers, and anyone who simply wants a view of open water. The wide horizon and quiet surf make it a popular spot for sunset-watching and long, low-key afternoons on the sand.

Just along the same shoreline, the Lexington State Harbor gives the village a small but genuine boating culture. The protected marina draws sailboats and fishing charters during the warm months, and even visitors without a boat are drawn to the harbor for walks along the breakwater, casual dining overlooking the slips, and a clear sense of being on the water rather than beside it. A short drive north along the coast leads to Port Sanilac, another historic Lake Huron village with its own harbor, sandy public beach, and a comparable small-town character that makes for an easy side trip from Lexington.

Inland from the lakeshore, the surrounding Sanilac countryside offers a different pace, with farmland, woodlots, and back roads popular with cyclists, birders, and anyone seeking a quieter kind of getaway. Small county parks, roadside farm stands, and seasonal produce markets give the area a rural Michigan flavor that contrasts nicely with the beachfront scene. Together, these elements make the region feel more varied than its modest size might suggest.

For short-term rental investors, Lexington offers an appealing mix: a real, recognized destination on Lake Huron rather than a generic rural stop, steady summer demand from Detroit-area and Midwestern travelers, and shoulder-season appeal from boaters, hunters, and fall color-seekers. Its combination of walkable beachfront, working harbor, and quiet countryside gives guests a fuller Thumb experience than they would find in a strictly residential community, supporting a healthy rotation of weekend and weekly stays throughout much of the year.

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