Performance indicators for the Livonia short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Livonia.
Loading top listings...
Challenging to Investors
Livonia treats STRs as standard rentals: licensing, initial and annual inspections, occupancy-load rules, and three‑year CO leak certifications are required, with missed‑appointment fees and access/entry procedures. No caps or dedicated STR permit exist, but the standard rental regime adds cost, time, and compliance burden that can deter investors.
Local STR Agent
STR specialist · Livonia, MI
Livonia is a sizable suburb in Wayne County, Michigan, set in the southeast part of the state about 15 miles west of downtown Detroit. With a population of roughly 95,000, it is one of the larger suburbs in the Detroit metropolitan area and carries the feel of an established, family-oriented community with a strong residential base, well-kept parks, and a network of shopping and dining corridors along its main roads. The city is best known as a comfortable, well-located base from which visitors can reach the cultural and entertainment offerings of Detroit to the east and the college-town atmosphere of Ann Arbor to the west, all within a roughly 30-minute drive. Major freeways, including I-96 and I-275, pass through or near the city, making it a convenient jumping-off point for exploring southeastern Michigan.
For those interested in local history and the region's agricultural past, Greenmead Historical Park sits within Livonia itself. The park preserves a 19th-century farmstead and several historic structures on more than 200 acres of green space, and it hosts community events throughout the year. It is just a short drive from any neighborhood in the city and offers a quiet counterpoint to the busier attractions a short distance away.
About 15 miles southeast, in Dearborn, the Henry Ford complex anchors the metro area's museum scene. It brings together the Henry Ford Museum of American Innovation and the adjacent Greenfield Village, an open-air collection of historic buildings ranging from Thomas Edison's laboratory to the bus on which Rosa Parks refused to give up her seat. The site draws visitors year-round and is typically reached in around 20 minutes from Livonia via I-96.
A similar distance east brings travelers to the heart of Detroit, where institutions like the Detroit Institute of Arts and the Detroit Zoo in Royal Oak anchor the cultural calendar. The DIA, located in Midtown, holds one of the largest art collections in the country, while the zoo is a perennial favorite for families. Both are reachable in roughly 25 to 30 minutes depending on traffic.
For outdoor recreation, Maybury State Park lies just northwest of Livonia in Northville Township, offering miles of hiking and biking trails, a modern playground, and a dedicated mountain-biking loop. It is generally a 10- to 15-minute drive from most parts of the city and provides a year-round escape into wooded countryside.
Livonia's appeal as a short-term rental base comes from the balance it strikes: a calm, suburban setting with easy highway access to Detroit's marquee museums and sports venues, the university charm of Ann Arbor, and the natural landscapes of nearby state and metro parks. Visitors get space, parking, and a residential feel while remaining within a short drive of the region's most popular destinations.