Bessemer, MI
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Annual revenue (actual)
$36.3k
12 mo avg
↑6%
from prior 12 mo
Occupancy rate
36%
12 mo avg
↓3%
from prior 12 mo
Avg daily rate
$249
12 mo avg
↑14%
from prior 12 mo
Gross yield
22.1%
Current potential
↓1.5 pts
vs prior-year prices
Lead time
42 days
12 mo avg
↑4 days
from prior 12 mo
Revpar
$78
12 mo avg
↑12%
from prior 12 mo
Methodology note: Figures reflect Bessemer market data as of October 2026. Data covers Airbnb, VRBO, and Booking.com listings. Values are seasonally influenced; rounding applied for readability.
Revenue per listing by bedroom
Annual revenue per listing, broken down by bedroom count. Compare which property sizes perform best.
Bedroom count:
0
1
2
3
4+
Short-term rental supply growth
Tracks how the number of active listings changes over time. Rising supply with flat revenue may indicate saturation.
Performance metrics by bedroom
Breakdown of revenue, property values, yields, supply, and cleaning fees for each bedroom type.
Bedrooms
Median revenue
Median home value
Gross yield
Supply
Amenity revenue impact
This estimate compares similar listings in this market. When local data is limited, we blend in state and U.S. results to prevent unusually high or low estimates.
| Amenity | Est. revenue impact |
|---|---|
| Hot Tub | +18% $6,538/yr |
| Lake Access | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| EV Charger | 🔒 +1•% · $••••/yr Revenue lift and listing count available in Markets |
| Sauna | 🔒 +9% · $••••/yr Revenue lift and listing count available in Markets |
| Barbecue | 🔒 +4% · $••••/yr Revenue lift and listing count available in Markets |
| Gym | 🔒 +4% · $••••/yr Revenue lift and listing count available in Markets |
| Internet | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Pool | 🔒 +3% · $••••/yr Revenue lift and listing count available in Markets |
| Pets Allowed | 🔒 +2% · $•••/yr Revenue lift and listing count available in Markets |
| TV | 🔒 +1% · $•••/yr Revenue lift and listing count available in Markets |
Nightly rate by day of week
Average nightly rate for each day of the week. Most markets see higher rates on weekends.
Occupancy rate by day of week
Shows booking patterns throughout the week. Helps understand demand cycles.
Listings by channel
Listings by rental type
Listings by amenities
Listings by size
4+ bedrooms (0%)
Listings by availability
Length of stay by bedroom
Studio (5.4 nights)
2 bedrooms (5.1 nights)
1 bedroom (4.9 nights)
4+ bedrooms (4.6 nights)
3 bedrooms (4.6 nights)
Cleaning fee by bedroom
4+ bedrooms ($155)
3 bedrooms ($113)
2 bedrooms ($88)
1 bedroom ($56)
Studio ($52)
Professional host share
Independent hosts (52%)
Professionally managed (48%)
Housing market signals
See how home prices, supply, and buyer competition are changing before you invest.
Are home values in Bessemer going up or down?
Unlock five years of home value changes and Zillow's next-year forecast.
Which home type gives you the most space for the price?
Over the 12 months ending September 2026, the Bessemer market averaged 1,584 active Airbnb and VRBO listings, up 11% from a year earlier and up 53% over two years.
An average Bessemer listing earns $31K/year. High-performing listings earn $64K, while low-performing listings earn $16K.
Median Bessemer home prices by size are 2-bedroom $286K, 3-bedroom $271K, and 4+ bedroom $133K.
Average occupancy in Bessemer is 31%, producing RevPAR of $68 per available night.
Rules vary across Bessemer. Bessemer, MI: Lenient. No specific STR regulations or permit requirements. Operates under general zoning. Minimal enforcement. Ironwood, MI: Lenient. No dedicated STR ordinance. Standard business license may apply. Light to no enforcement of STR-specific rules. Houghton, MI: Moderate. Registration required, safety inspections, occupancy limits. Some enforcement but many operate informally given college town demand. Verify requirements for the property's jurisdiction.
The Bessemer Airbnb and VRBO market appears broadly balanced. Supply has grown 11% year-over-year, while RevPAR has increased 14%, showing no clear supply-demand imbalance.
RevPAR is highest in July and August; it is lowest in April and November.
The most common amenities are Parking (98%), Kitchen (97%), Heating (97%). The strongest positive revenue associations are Lake Access (+29%), Sauna (+29%), Parking (+23%).
Average daily rate in Bessemer is $256, up 15% year-over-year. Rates peak in July and are lowest in April.
Guests in Bessemer book an average of 42 days in advance, up 11% from last year. Booking windows range from 34 days for 1-bedroom listings to 50 days for 4+ bedroom listings.
Booking demand is highest on Saturday and lowest on Tuesday. Nightly rates peak on Friday and are lowest on Tuesday. Weekend occupancy is 51% higher than weekday occupancy.
For each eligible home, annual room-revenue potential is divided by a ZIP- and bedroom-matched home-value estimate. Groups show the median of those yields. Cleaning income is excluded. Gross yield is before expenses and financing.
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