Cheboygan and Inland Waterway, Alpena Airbnb revenue and occupancy data
What Airbnb listings in Cheboygan and Inland Waterway earn, how often they're booked, and how that compares with the rest of Alpena, MI.
Over the past 12 months, regularly available listings in Cheboygan and Inland Waterway earned $26,373 on average, were booked for 51% of the nights they were open, and averaged $322 a night. The median gross yield, before expenses, is 18.3%.
Yearly revenue
$26,373
Occupancy
51%
Nightly rate
$322
Gross yield
18.3%
before expenses
Median of 33 listings
Active listings
60
My take on Cheboygan and Inland Waterway
Cheboygan and Inland Waterway has higher nightly rates than the wider market, with occupancy much closer to the market baseline. Average nightly rates are $322, compared with $279 across Alpena, MI. Occupancy is 51% of available nights versus 49%. Before using the area's rate in a property budget, check rentals with similar bedroom counts and features. The rate premium is worth investigating, but the area average alone does not establish what a particular home can charge.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Cheboygan and Inland Waterway?
Regularly available Airbnb listings in Cheboygan and Inland Waterway earned an average of $26,373 over the past 12 months. That is 11% more than the Alpena, MI average of $23,829. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Cheboygan and Inland Waterway?
Listings in Cheboygan and Inland Waterway were booked for an average of 51% of the nights they were open for booking over the past 12 months. That is 2 points higher than the Alpena, MI average of 49%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Cheboygan and Inland Waterway?
The average nightly rate in Cheboygan and Inland Waterway was $322 over the past 12 months, including cleaning fees. That is 15% higher than the Alpena, MI average of $279.
Is an Airbnb in Cheboygan and Inland Waterway profitable?
For homes with a matched home value, the median room-revenue potential in Cheboygan and Inland Waterway is $44,447 a year and the median gross yield is 18.3%. Gross yield is 2.0 points higher than the Alpena, MI median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.
Reveal any property's Airbnb profitabilityHow much do Airbnb hosts make in Cheboygan and Inland Waterway by bedroom count?
The table shows average yearly revenue and median gross yield for each home size, with the Alpena, MI figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 6 listings | $17,676 Alpena, MI: $14,984 | Not enough data Alpena, MI: 19.2% |
| 2 bedrooms 21 listings | $20,729 Alpena, MI: $19,383 | 20.1% Alpena, MI: 15.2% |
| 3 bedrooms 21 listings | $33,991 Alpena, MI: $27,278 | 20.2% Alpena, MI: 17.3% |
| 4+ bedrooms 11 listings | $27,176 Alpena, MI: $36,277 | Not enough data Alpena, MI: 17.5% |
How does Cheboygan and Inland Waterway compare with nearby areas?
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Cheboygan and Inland Waterway This area 60 listings | $26,373 | 51% | $322 | 18.3% |
| Alpena, MI market 599 listings | $23,829 | 49% | $279 | 16.3% |
| Rogers City and Presque Isle Coast 41 listings | $26,273 | 51% | $315 | 20.8% |
| Alpena and Long Lake Country 48 listings | $26,462 | 45% | $279 | 19.2% |
| Harrisville and Alcona Coast 59 listings | $21,614 | 49% | $264 | 12.4% |
| Oscoda and Au Sable 100 listings | $22,834 | 50% | $269 | 16.9% |
Where is Cheboygan and Inland Waterway?
The Alpena, MI market includes 13 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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About these figures
How is yearly revenue measured?
It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.
How is occupancy measured?
For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.
How is the nightly rate measured?
It is the average price per booked night over the past 12 months, including cleaning fees.
What is room-revenue potential?
It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.
What is gross yield?
For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.
Which listings are included?
Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (60 in Cheboygan and Inland Waterway). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.
How current is this data?
Figures are current as of November 3, 2026 and refresh monthly.
Why are these figures different from the Alpena, MI market page?
The market page summarizes all of Alpena, MI from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.
What can't these figures tell me?
They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.
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Go deeper on Cheboygan and Inland Waterway
With BNBCalc Markets, compare Cheboygan and Inland Waterway by bedroom count and performance level, see home prices, and browse its listings on the map.