Stevensville, MI

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

12 / 21

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$44,340

Middle-Earners Revenue

Occupancy

51%

Middle-Earners Occupancy

Home Value

$320,189

Median Home Sale Price

Top Earners

$65,281

Top-Earners Revenue

Stevensville

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Stevensville.

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B

Generally Investor friendly

Stevensville Regulations

STRs are clearly allowed, with owner-occupied STRs permitted village‑wide on residential parcels if the owner claims the Michigan Principal Residence Exemption and maintains the property as a primary residence. Investor‑owned STRs are restricted to non‑conforming units in commercial C1/C2 zones, a notable limitation, but the permitting process is straightforward with moderate fees ($100/2 years owner‑occupied, $300/2 years investor‑owned, $35 inspection) and clear documentation, inspection, and renewal steps.

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About Stevensville

Stevensville is a village in Berrien County in the U.S. state of Michigan. The village lies within Lincoln Township. The population was 1,147 at the 2020 census.

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