Menominee, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

37 / 95

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$23,384

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$178,223

Median Home Sale Price

Top Earners

$66,357

Top-Earners Revenue

Menominee

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Menominee.

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C

Challenging to Investors

Menominee Regulations

STRs are generally allowed but regulated locally, forcing investors to navigate a patchwork of zoning, permits, licensing, safety inspections, and tax registration that vary by municipality. No county-wide caps are specified, but inconsistent rules, possible fees, and floodplain/environmental limits add compliance risk and operational uncertainty.

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About Menominee

Menominee is a small city in Menominee County, Michigan, situated at the southern edge of the Upper Peninsula where the Menominee River empties into Lake Michigan. With a population of roughly 8,000 residents, it carries the character of a working-class maritime town with deep roots in lumber, shipping, and Great Lakes industry. The city is closely linked to its sister community of Marinette, Wisconsin, just across the river, and together they form a cross-border regional hub. Menominee is best known as a gateway to the outdoor landscapes of Michigan's Upper Peninsula, and it sits about 55 miles north of Green Bay, Wisconsin, the nearest major city.

The Lake Michigan waterfront is the heart of Menominee's appeal, with public beaches, a city marina, and a scenic promenade tracing the shoreline. The waterfront anchors the community's identity, offering swimming in summer, harbor walks, and views of the river meeting the open lake. The marina and adjacent green spaces are a short walk from the historic downtown and serve as a natural gathering place for visitors and residents alike.

Downtown Menominee features a striking collection of late-19th- and early-20th-century architecture, including red-brick commercial buildings and ornate facades that reflect the prosperity the city enjoyed during the lumber boom of the late 1800s. The district is listed in part on the National Register of Historic Places and includes cultural venues that host concerts, films, and community events throughout the year. A walk through the downtown reveals the layered history of a small industrial port city that has retained much of its original character.

Beyond the city itself, Menominee serves as a convenient base for exploring the broader landscapes of the Upper Peninsula and northeastern Wisconsin. The surrounding Menominee County offers extensive forestland, stretches of the river corridor, and access to snowmobile and ATV trails that connect to a vast regional network. To the south, the rolling countryside and waterfront villages of Door County, Wisconsin lie within roughly two hours by car, while the broader Upper Peninsula and Hiawatha National Forest open up to the north and east.

Menominee offers short-term rental owners a unique position at the meeting point of Lake Michigan, the Upper Peninsula, and the Wisconsin border, with a steady stream of travelers drawn by outdoor recreation, historic small-town character, and the natural beauty of the surrounding region. The combination of waterfront access, four-season activities, and proximity to both Green Bay and the wider UP makes it a versatile base for vacationers seeking a quieter alternative to Michigan's more heavily visited destinations. For investors, the city's blend of affordability, accessibility, and year-round appeal presents a quietly compelling opportunity in the Great Lakes short-term rental market.

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