Plymouth, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

79 / 142

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$41,336

Middle-Earners Revenue

Occupancy

76%

Middle-Earners Occupancy

Home Value

$483,632

Median Home Sale Price

Top Earners

$76,799

Top-Earners Revenue

Plymouth

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Plymouth.

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A

Very Investor friendly

Plymouth Regulations

STRs are fully permitted city‑wide with no caps or city‑specific fees; investors only need the standard rental Certificate of Compliance (an inexpensive annual inspection) and Michigan’s 6% use tax, making compliance simple and the city’s tone supportive to investors.

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About Plymouth

Plymouth is a small, historic city in Wayne County in southeastern Michigan, with a population of roughly 9,000 residents. It sits about 25 miles west of downtown Detroit, roughly a 35-minute drive depending on traffic, and is best known for its walkable, brick-lined downtown anchored by Kellogg Park, a strong community-event calendar, and a leafy, small-town atmosphere that contrasts with the surrounding metro area. Plymouth serves as a quiet gateway to both the cultural offerings of Detroit to the east and the college-town energy of Ann Arbor to the west, making it a convenient base for travelers exploring southeastern Michigan.

A short walk or quick drive into the heart of town brings visitors to Kellogg Park, a several-acre green space in the center of Plymouth's downtown that hosts year-round events, including a well-known ice sculpture festival in winter, a summer art-in-the-park series, and the weekly farmers market. The surrounding streets are lined with independently owned shops, cafes, and restaurants, giving the area the feel of a classic Midwestern small town within easy reach of major urban centers. The Plymouth Historical Museum sits just a short distance from the park and offers exhibits on the township's 19th-century roots, its farming past, and a notable collection of artifacts, including items related to the early automotive history of the region.

Outdoor recreation is close at hand at Maybury State Park, a roughly 1,000-acre park located in neighboring Northville, about 15 minutes northwest of Plymouth by car. The park features miles of hiking and biking trails, picnic areas, and equestrian paths, drawing visitors looking for an easy escape into nature without leaving the metro Detroit area. A few minutes to the south, the linear Edward Hines Parkway offers a long stretch of greenway following the Middle Rouge River, with paved trails used for walking, running, and cycling.

Just about 20 miles west of Plymouth lies Ann Arbor, home to the University of Michigan and a vibrant downtown with museums, restaurants, and Big House football games that draw large crowds in the fall. To the east, the broader Detroit region offers major sports venues, the Detroit Institute of Arts, the Riverfront, and the Detroit Metro Airport, which is only about 20 minutes southeast.

Plymouth's combination of small-town charm, walkable downtown, reliable event programming, and proximity to both Detroit and Ann Arbor makes it a compelling base for short-term rentals, appealing to visitors who want a quieter, more residential setting while remaining within easy reach of the region's biggest cultural, sporting, and academic draws.

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