Ludington, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Ludington short-term rental market based on reliable data.
Listings
66 / 419
Reliable / Active
Cap Rate
14%
Middle-Earners Gross Yield
Revenue
$38,399
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$279,230
Median Home Sale Price
Top Earners
$72,898
Top-Earners Revenue
Ludington
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Ludington.
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Challenging to Investors
Ludington Regulations
STRs are allowed with a licensing program, but strict caps (30 licenses now, 50 proposed), a 150‑foot spacing rule, and ownership limits constrain viable supply and competition for licenses; licensing, spacing, and a 3‑year inspection cycle add moderate compliance cost and make investment uncertain.
Local STR Agent
STR specialist · Ludington, MI
About Ludington
Ludington ( LUH-ding-tən) is a city in the U.S. state of Michigan. It is the county seat and the largest city in Mason County. The population was 7,655 at the 2020 census.The city is located at the mouth of the Pere Marquette River at Lake Michigan. Nearby are Ludington State Park (which includes the Big Sable Point Light), Nordhouse Dunes Wilderness, and Manistee National Forest. Ludington is the home port of the SS Badger, a vehicle and passenger ferry with daily service in the summer across Lake Michigan to Manitowoc, Wisconsin.