Trenton, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

17 / 38

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$28,420

Middle-Earners Revenue

Occupancy

53%

Middle-Earners Occupancy

Home Value

$234,476

Median Home Sale Price

Top Earners

$41,600

Top-Earners Revenue

Trenton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Trenton.

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C

Challenging to Investors

Trenton Regulations

Trenton lacks specific local STR regulations, creating regulatory uncertainty and legal ambiguity. Michigan municipalities are actively implementing restrictive STR policies, with proposed state legislation (HB 4722) potentially limiting STRs to 30% of residential units and 2 properties per owner. This regulatory gap and trend toward restrictions creates significant compliance uncertainty that deters investment despite STRs being technically legal.

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About Trenton

Trenton is a city in Wayne County, Michigan, United States. At the 2010 census, the city population was 18,853.A Shawnee village was built in the area by war chief Blue Jacket after the 1795 Treaty of Greenville. The area later became the site of the Battle of Monguagon between Americans and a British-Indian coalition during the War of 1812. The battle is commemorated with a Michigan State Historical Site marker in present-day Elizabeth Park, which was the first county park in Michigan when it was established in 1919. Portions of the Detroit River International Wildlife Refuge are within the southern portion of Trenton. The area was once part of the now-defunct Monguagon Township. Trenton was incorporated as a village in 1855 and again as a city in 1957. The city is part of the Downriver collection of communities south of Detroit on the west bank of the Detroit River. Trenton is known for its waterfront and growing boating community. Major industries include Stellantis-Chrysler's Trenton Engine Plant, Solutia, and the DTE Energy Trenton Channel Power Plant. Beaumont Hospital – Trenton is located within city limits and has 203 beds. The former McLouth Steel plant is also located in the city. The city operates the 21,000-square-foot (2,000 m2) Trenton Veterans Memorial Library and a historical museum.

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