New Buffalo, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

672 / 1185

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$48,732

Middle-Earners Revenue

Occupancy

49%

Middle-Earners Occupancy

Home Value

$632,555

Median Home Sale Price

Top Earners

$107,097

Top-Earners Revenue

New Buffalo

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in New Buffalo.

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B

Generally Investor friendly

New Buffalo Regulations

New Buffalo allows STRs citywide/township with clear application portals and defined process, but demands moderate costs (initial $1,525 in the City, $500 in the Township), mandatory inspections, and renewed licenses, plus a local-agent requirement and operational rules like solid waste service year-round in the Township. The city tone is supportive but compliance steps are present and persistent.

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About New Buffalo

New Buffalo is a small city located in southwest Michigan, near the shores of Lake Michigan. With a population of approximately 1,883 residents, it offers a quaint and serene environment suitable for short-term rentals. The city is situated about 70 miles from Chicago, making it a convenient getaway for residents of the larger metropolitan area.

One of the main attractions in New Buffalo is the beautiful New Buffalo Beach (https://www.newbuffaloexplored.com/new-buffalo-beach),,) which provides public access to Lake Michigan and features amenities like picnic areas, restrooms, and a playground. Visitors can enjoy a variety of water activities, including swimming and boating.

Another notable landmark in the area is the Galien River County Park (http://www.berriencounty.org/434/Galien-River-County-Park)..) This park boasts elevated walkways, a marshland overlook tower, and scenic trails, offering excellent opportunities for bird-watching and enjoying nature.

The Four Winds Casino (https://www.fourwindscasino.com)) is another significant attraction, providing gaming, entertainment, dining, and accommodation options. This destination can appeal to guests looking for an exciting night out.

New Buffalo is also known for its charming downtown area, which features boutique shops, local restaurants, and breweries. The New Buffalo Railroad Museum (https://www.newbuffalorailroadmuseum.org)) gives visitors a glimpse into the history of the Michigan Central Railroad and its impact on the region.

All these elements make New Buffalo an appealing location for short-term rentals, providing visitors with a mix of natural beauty, entertainment, history, and convenient access to a major city like Chicago.

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