Redford, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

45 / 144

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$22,260

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$169,231

Median Home Sale Price

Top Earners

$42,550

Top-Earners Revenue

Redford

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Redford.

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B

Generally Investor friendly

Redford Regulations

Short-term rentals are allowed without caps, but require modest licensing ($50/year registration) and periodic inspections ($200 every three years), with standard state use tax and zoning verification—creating a clear, manageable compliance path with supportive tone.

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About Redford

Redford Township is a charter township in Wayne County in the U.S. state of Michigan. An inner-ring suburb of Detroit, Redford borders Detroit to the west, roughly 15 miles (24.1 km) northwest of downtown Detroit. As of the 2020 census, the township had a population of 49,504.

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