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Airbnb City Guide: The Best Places To Invest in Fennville, Michigan
Written by:
Jeremy Werden
May 2, 2024
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Airbnb Rules and Regulations in Fennville, Michigan
Operating a short-term rental in Fennville requires adhering to specific regulations outlined in the city's ordinances. As of 2024, only owner-occupied properties can be listed on platforms like Airbnb, prohibiting investment properties solely for vacation rentals. Prospective hosts must apply for an annual permit, submit detailed floor plans, parking details, and proof of adequate liability insurance coverage. Occupancy caps limit overnight guests based on the home's size and number of bedrooms. Strict noise restrictions between 10 PM and 7 AM aim to minimize neighborhood disturbances.
Rental listings must prominently display the city permit number, occupancy limits, parking rules, and a 24/7 local contact for complaint resolution. Permitted short-term rentals cannot become a nuisance through excessive noise, trash, or parking issues, risking permit revocation. Tax obligations include collecting and remitting local accommodation taxes on rental income. While regulations allow some resident homeowners to rent occasionally, Fennville's policies create significant barriers for investors attempting to operate non-owner-occupied vacation rentals within city limits.
Fennville Airbnb Market Data:
- Average Revenue – $201.5K per year
- Average Daily Rate – $1.2K per night
- Average Occupancy Rate – 46%
- Average RevPAR – $574.8
- Average Home Prices – $310,605
1. Top Place to Invest in Fennville, Michigan - Glenn
Glenn, a charming enclave within Fennville, Michigan, offers a quaint, serene atmosphere ideal for those looking to invest in a short-term rental property. It is known for its proximity to Lake Michigan and local vineyards. Glenn provides a unique blend of natural beauty and leisure activities, making it a magnet for tourists seeking a peaceful getaway.
Glenn Airbnb Market Data:
- Average Revenue – $201.5K per year
- Average Daily Rate – $1.2K per night
- Average Occupancy Rate – 46%
- Average RevPAR – $574.8
Convenience - 7/10
While Glenn itself is a rural hamlet, basic amenities like groceries, gas, and dining are available within the community or a short drive away in Fennville. Major shopping and services require a 20-to 30-minute drive to nearby cities like Holland or South Haven.
Tourist Attractions - 6/10
Glenn's main draw is its scenic countryside setting and proximity to outdoor recreation areas like Hutchins Lake and the Allegan State Game Area. The quaint downtown lacks major attractions but hosts occasional events and fairs. Nearby Saugatuck and South Haven offer more robust tourism activities.
Things to Do - 6/10
Outdoor enthusiasts will find ample opportunities for hiking, fishing, boating, and exploring the region's fruit farms and vineyards. However, nightlife, cultural attractions, and family entertainment options are limited compared to larger towns.
Average Home Prices - 8/10
As of early 2024, the median home value in Glenn is around $310,000, having appreciated nearly 5% over the previous year. This relatively affordable price point and the area's natural amenities make it an appealing option for vacation rental investors looking for the next home they'll transform into an Airbnb rental.
Proximity to Work Travel - 4/10
Glenn's remote location is a double-edged sword - while a peaceful escape, it lacks convenient access to major employment hubs, convention centers, or sports venues that often drive corporate travel demand. The nearest major airport is over an hour away in Grand Rapids.
X-Factor - 8/10
Glenn's greatest strength is its quintessential small-town charm and beautiful rural surroundings. The area offers a taste of authentic Michigan agricultural life while being a short drive from the Lake Michigan beachfronts and Saugatuck and South Haven amenities. This unique blend of country and lakeshore living is a major draw.
2. Top Place to Invest in Fennville, Michigan - Ganges
Ganges offers a serene, rural setting with close proximity to Lake Michigan, making it an appealing choice for those looking to start an Airbnb rental business in a peaceful yet accessible location.
Ganges Airbnb Market Data:
- Average Revenue – $201.5K per year
- Average Daily Rate – $1.2K per night
- Average Occupancy Rate – 46%
- Average RevPAR – $574.8
Convenience - 5/10
Ganges is primarily a rural area, which means basic amenities are available but limited. For more extensive shopping, dining, or entertainment options, residents and visitors typically need to travel to nearby Fennville or Saugatuck. This can be a slight inconvenience for those without transportation.
Tourist Attractions - 6/10
The proximity to Lake Michigan is a significant draw, offering beautiful beaches and scenic views. The Ganges hosts several small vineyards and orchards, attracting visitors looking for a taste of local produce and a quiet escape from the city.
Things to Do - 6/10
While the immediate area might not buzz with activities, its natural surroundings offer plenty of opportunities for hiking, biking, and beach activities. Seasonal fruit picking, local farmers' markets, and quaint vineyards provide unique experiences for visitors.
Average Home Prices - 7/10
As of 2024, the average home price in Ganges is around $295,000, according to Zillow. This reflects a stable market with a slight appreciation rate of 0.9% over the past year. These figures suggest a steady short-term rental demand due to the area's natural appeal and tranquility.
Proximity to Work-Related Travel - 4/10
Ganges does not fare well in terms of proximity to major work centers, hospitals, convention centers, or sports venues. The closest major city is Grand Rapids, which is over an hour's drive away. This could be a drawback for those relying on proximity to such facilities.
X-Factor - 7/10
Ganges' x-factor lies in its untouched natural beauty and quiet, rural charm. For visitors seeking a retreat from the hustle and bustle of city life, it offers a peaceful sanctuary. This characteristic is highly valued in the short-term rental market, appealing to those looking for relaxation and privacy.
3. Top Place to Invest in Fennville, Michigan - Downtown
Downtown Fennville offers a charming small-town atmosphere with a walkable main street, making it an attractive option for short-term rental investors seeking a taste of rural Michigan living.
Downtown Airbnb Market Data:
- Average Revenue – $201.5K per year
- Average Daily Rate – $1.2K per night
- Average Occupancy Rate – 46%
- Average RevPAR – $574.8
Convenience - 8/10
As the central hub of Fennville, the downtown area provides easy access to essential amenities like grocery stores, restaurants, and local shops. Major retailers and services are just a short drive away in nearby towns like South Haven and Holland.
Tourist Attractions - 6/10
While downtown Fennville is not a major tourist destination, its proximity to popular attractions like Hutchins Lake, local wineries, and the Lake Michigan shoreline make it a convenient base for exploring the region's natural beauty and outdoor recreation.
Things to Do - 7/10
Downtown Fennville offers a quaint main street experience with locally-owned shops, restaurants, and seasonal events like farmers' markets and art fairs. Outdoor activities like hiking, fishing, and water sports are readily available within a short drive, catering to visitors seeking an active yet relaxing getaway.
Average Home Prices - 7/10
According to Zillow data for 2024, the median home value in downtown Fennville is approximately $275,000, representing a modest 1.5% year-over-year appreciation from 2023. While not the most affordable, these prices offer potential for rental income and long-term appreciation in a desirable location. However, make sure to use short-term rental calculators to ensure you're making a profitable investment.
Proximity to Work-Related Travel - 5/10
Downtown Fennville's rural setting means it's not particularly close to major employment hubs, convention centers, or sports venues that could drive corporate travel demand. However, its location between Kalamazoo and Grand Rapids provides leisure travelers reasonable access to these amenities.
X-Factor - 8/10
Downtown Fennville's unique charm lies in its small-town atmosphere, walkable main street, and proximity to natural attractions like Hutchins Lake and the Lake Michigan shoreline. This blend of rural character and access to outdoor recreation creates a desirable setting for short-term rental guests seeking a peaceful yet activity-filled getaway.
⚡️
Reveal your property’s rental profitability
Buy this property and list it on Airbnb.