How is Grand Rapids performing?
45
Okay
76
Investability
44
Rental Demand
27
Revenue Growth
29
Seasonality
39
Regulation
Annual Revenue
$21.1K
+3%
past year
Occupancy Rate
50%
+4%
past year
Average Daily Rate
$245.6
+3%
past year
Revenue per Available Rental (RevPAR)
$122.7
+6%
past year
Grand Rapids Performance Details
Total available listings
107
+3%
past year
Listings by rental channel
Airbnb (41%)
Vrbo (24%)
Both (35%)
Listings by rental size
1 Bedroom (24%)
2 Bedroom (28%)
3 Bedroom (31%)
4 Bedroom (11%)
5+ Bedroom (6%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (22%)
91-180 nights (36%)
181-270 nights (19%)
271-365 nights (22%)
Listings by rental type
Entire Home (91%)
Private Room (9%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (14.3%)
Moderate (65.7%)
Strict (18.1%)
Super Strict (1.9%)
Listings by Minimum Stay
1 Night (0.0%)
2 Nights (37.4%)
3 Nights (16.8%)
4-6 Nights (9.3%)
7-29 Nights (4.7%)
30+ Nights (31.8%)
What amenities do listings have?
Parking
94%
Internet
93%
Wireless Internet
93%
Heating
91%
Kitchen
91%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 3 | -0.3% | 46 | 4.84 |
Grand Rapids BnB | 1 | 0.0% | 75 | 5.00 |
Occupancy
Occupancy Rate
50%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$2,114,385
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$50
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$50
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat percentage of the month was occupied?
Average monthly occupancy over the last 5 years
+3%
past year
2023
2022
2021
2020
2019
2018
Smart Investments Happen Here
AirDNA’s powerful yet easy-to-use tools make hosting and investing a breeze.
This means having every insight you need, all in one place, always up-to-date.
Start exploring for free