Airbnb Market Analytics & Investment Insights
Annual Revenue
$30,958
Based on 1433 full time Airbnb rentals
Average Daily Rate
$163
Gross Yield
42.15%
#1 in the USOccupancy Rate
55%
As of June 2025, Homes in Detroit have appreciated by 9.12%, with the median home value standing at $73,752, according to Zillow.
There are currently 1,433 active short-term rentals in Detroit. The average daily rate for these rentals is $163. This translates to an annual revenue of $30,958 for short-term rentals as of June 2025.
Detroit is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$163
Occupancy Rate Trend
55%
Let our agents guide you to the best short-term rental investments in Detroit, MI
Active Short-Term Rentals
1433
As of June 2025, the average gross yield for short-term rentals in Detroit is 42.15%. However, potential investors should also consider the average property tax, which stands at 1.90% according to SmartAsset.
The median household income in Detroit is $58,231.
As of June 2025, the occupancy rate for Airbnb rentals in Detroit is 55%, which is higher than the average occupancy rate for the United States.
As of June 2025 The unemployment rate in Detroit is 6.2%, which is higher than the national average of 4.1%.
The most impactful amenities for short-term rentals in Detroit include a Building staff, Pocket wifi, and Breakfast.
Detroit is a popular destination for travelers, with Airbnb demand coming from cities like Chicago, IL (4.18% of all guests), Detroit, MI (4.10% of all guests), and New York, NY (2.57% of all guests).
The top short-term rental hosts in Detroit include RoomPicks, StayArbor and Stay. These hosts have an average rating of 4.53, 4.82 and 4.90 respectively.
The most popular property types in Detroit are 2-bedroom units, with an average daily rate of $163 and an annual revenue of $39,055.
The average booking lead time for short-term rentals in Detroit is 44 days.
| Bedrooms | Listings | Occupancy | Average Daily Rate | Annual Revenue |
|---|---|---|---|---|
| Studio | 41 | 58% | $290 | $60,864 |
| 1 Bedroom | 367 | 55% | $197 | $39,548 |
| 2 Bedroom | 576 | 54% | $200 | $39,055 |
| 3 Bedroom | 632 | 53% | $227 | $43,913 |
| 4 Bedroom | 293 | 49% | $295 | $52,222 |
| 5 Bedroom | 61 | 45% | $295 | $48,454 |
Connect with a lender specializing in short-term rentals in Detroit