Performance indicators for the Manistee 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 Manistee.
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Generally Investor friendly
Manistee explicitly permits STRs with a moderate $100 annual registration fee and a $150 inspection every three years, plus $1M liability insurance and extensive documentation, and caps units at 165 outside tourism overlay zones (unlimited inside). The clear, systematic compliance process and supportive city tone keep the regulatory burden manageable but noticeable, placing the framework in the friendly (B) category.
Local STR Agent
STR specialist · Manistee, MI
Manistee ( man-iss-TEE) is a city in the U.S. state of Michigan. Located in southwestern Manistee County, it is part of the northwestern Lower Peninsula. Manistee is the county seat of Manistee County, and its population was 6,259 at the 2020 census. This makes Manistee the fifth-largest city in Northern Michigan. Manistee is located on an isthmus between Manistee Lake and Lake Michigan, with the Manistee River bisecting the city as it flows west to the latter. Manistee is located along US 31, one of the major trunkline highways of the state.