Mikkeli

As of June 2026, Mikkeli, Savonlinna, Lappeenranta have 443 active Airbnb and VRBO listings. This represents a 8% decrease from the previous year.

The average Airbnb or VRBO in Mikkeli generates €15K per year. High-performing properties earn €37K/year, while low-performing properties earn €7K/year. Declining supply and revenue suggest softening demand, yet the 2.5x gap between high and average performers indicates significant performance variance despite constrained market conditions—pointing to selective guest preference rather than broad capacity constraints.

Airbnb and VRBO can be profitable in Mikkeli. Average annual revenue is €15K with 29% occupancy. High-performing properties earn up to €37K/year. Declining supply and revenue year-over-year suggest a contracting market, while the significant gap between average and top performers indicates uneven competition where differentiation drives outsized returns.

The average occupancy rate for Airbnbs and VRBOs in Mikkeli is 29%. This occupancy level, combined with an average nightly rate of €163, results in a RevPAR (revenue per available room) of €27 per day.

4+ bedroom properties demonstrate the strongest performance in Mikkeli, with annual revenue of €24K. These properties balance operating costs and rental demand most effectively in the Mikkeli market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Mikkeli area. Mikkeli: Lenient. No specific short-term rental regulations or permits required. General business registration for tax purposes. Minimal enforcement. Savonlinna: Lenient. No dedicated STR permits or licenses. Standard business taxation applies. Light oversight, hosts operate freely. Lappeenranta: Lenient. No special STR registration beyond business tax requirements. No occupancy or rental caps. Minimal enforcement activity. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Mikkeli Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 8% year-over-year, while RevPAR has decreased 15%. This indicates balanced supply-demand dynamics. The significant gap between average revenue ($14,598) and top performers ($36,535) suggests differentiation is driving results, while the 29% occupancy rate reflects moderate market utilization despite reduced supply.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 49% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-January) when gaining traction is harder.

The most common amenities in Mikkeli listings include: Tv (91%), Washing Machine (76%), Sauna (73%), Kitchen (65%), Heating (58%). Amenities that boost revenue the most include Sauna, Tv, Washing Machine, with Sauna properties earning approximately 57% more (€31K/year vs €20K/year).

Monthly estimated revenue per listing in Mikkeli over the last 12 months: May: €826, June: €1K, July: €1K, August: €1K, September: €794, October: €610, November: €467, December: €912, January: €460, February: €573, March: €593, April: €612. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Mikkeli is €163, up 18% year-over-year. By property size: 1-bedroom properties average €100/night, 2-bedroom properties average €152/night, 3-bedroom properties average €210/night, 4+ bedroom properties average €337/night. Rates peak in December and are lowest in April.

Guests in Mikkeli book an average of 31 days in advance, down 12% from last year. By property size: 1-bedroom: 28 days, 2-bedroom: 31 days, 3-bedroom: 32 days, 4+ bedroom: 39 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Mikkeli Airbnb and VRBO market has seen the following changes: supply declined 8%, revenue per listing decreased 15%, occupancy fell 8%, average nightly rates increased 18%, and lead time decreased 12%. Despite rate increases, the market is contracting—lower occupancy and declining revenue suggest demand is weakening faster than supply, while the wide gap between average ($14,598) and high-performing listings ($36,535) indicates significant performance stratification.

In Mikkeli, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 21% higher occupancy than weekdays.