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AirDNA Data: US Indiana Michigan City

How is Michigan City performing?

61

Good
Market Score

100

Investability

37

Rental Demand

52

Revenue Growth

4

Seasonality

44

Regulation

Annual Revenue

$36.5K

+3%

past year

Occupancy Rate

48%

+4%

past year

Average Daily Rate

$414

+3%

past year

Revenue per Available Rental (RevPAR)

$196

+6%

past year

Michigan City Performance Details

Total available listings

779

+3%

past year

Listings by rental channel

Channel

Airbnb (33%)

Vrbo (18%)

Both (49%)

Listings by rental size

Bedrooms

1 Bedroom (13%)

2 Bedroom (21%)

3 Bedroom (26%)

4 Bedroom (18%)

5+ Bedroom (22%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (22%)

91-180 nights (26%)

181-270 nights (27%)

271-365 nights (25%)

Listings by rental type

Type

Entire Home (98%)

Private Room (2%)

Shared Room (0%)

Listings by Cancellation Policy

Flexible (6.6%)

Moderate (55.9%)

Strict (21.2%)

Super Strict (16.3%)

Listings by Minimum Stay

1 Night (0.0%)

2 Nights (56.0%)

3 Nights (10.1%)

4-6 Nights (6.9%)

7-29 Nights (2.2%)

30+ Nights (24.8%)

What amenities do listings have?

Internet

99%

Aircon

98%

Wireless Internet

97%

Kitchen

96%

Heating

95%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
Beachwalk Vacation Rentals
1190.4%209
4.79
MTM Premier Property Management
190.2%301
4.77
North Star Properties LLC
11-0.4%188
4.79
Evolve
70.4%122
4.85
Bluefish Vacation Rentals
3-0.4%27
4.66

Occupancy

Occupancy Rate

48%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$3,653,383

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$48

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$48

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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