Is Airbnb profitable in Detroit, MI?
Yes — operating a short-term rental in Detroit, MI can be highly profitable. Detroit, MI Airbnb listings sees consistent guest demand, with Airbnb hosts earning an average annual revenue of $25,476 and achieving a 49% occupancy rate. With around 1,258 active vacation rentals on the market, Detroit, MI offers strong opportunity for investors while still avoiding the oversaturation seen in some larger U.S. cities.
How much have home values changed YoY in Detroit, MI?
According to Zillow's Home Value Index Methodology, homes in Detroit, MI have appreciated by 0.93% over the last year.
What is the median home value in Detroit, MI?
As of August 2025, the Zillow Home Value Index shows a typical home value of $78,746 in Detroit, MI.
How many short-term rentals are active in Detroit, MI?
There are 1,258 active short-term rentals, with an average daily rate of $320, resulting in an approximate annual revenue of $25,476 per property.
When is the highest demand for Airbnb in Detroit, MI?
From the occupancy rate standpoint and demand data, October, December, and March are the top performing months in Detroit. The occupancy rate in October is 68% and average daily rate is $341. The occupancy rate in December is 64% and average daily rate is $280. The occupancy rate in March is 63% and average daily rate is $298.
Is Detroit, MI investor-friendly for short-term rentals?
Detroit, MI is considered Investor-Friendly for short-term investments. See Detroit, MI Rental Regulations for more information.
