Elk Rapids and Lake Country, Charlevoix County Airbnb revenue and occupancy data
What Airbnb listings in Elk Rapids and Lake Country earn, how often they're booked, and how that compares with the rest of Charlevoix County, MI.
Over the past 12 months, regularly available listings in Elk Rapids and Lake Country earned $27,830 on average, were booked for 45% of the nights they were open, and averaged $465 a night. The median gross yield, before expenses, is 10.1%.
Yearly revenue
$27,830
Occupancy
45%
Nightly rate
$465
Gross yield
10.1%
before expenses
Median of 39 listings
Active listings
55
My take on Elk Rapids and Lake Country
Elk Rapids and Lake Country has a higher average nightly rate than the Charlevoix County, MI benchmark, but lower booking revenue. Rates average $465 versus $420, while average trailing-year booking revenue is $27,830 versus $34,221. Occupancy also trails the benchmark. For a property budget, check the booked nights that comparable homes achieve alongside their rates. Using the area's rate premium without checking annual revenue could leave you with an income forecast the comparable listings do not support.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Elk Rapids and Lake Country?
Regularly available Airbnb listings in Elk Rapids and Lake Country earned an average of $27,830 over the past 12 months. That is 19% less than the Charlevoix County, MI average of $34,221. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Elk Rapids and Lake Country?
Listings in Elk Rapids and Lake Country were booked for an average of 45% of the nights they were open for booking over the past 12 months. That is 4 points lower than the Charlevoix County, MI average of 49%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Elk Rapids and Lake Country?
The average nightly rate in Elk Rapids and Lake Country was $465 over the past 12 months, including cleaning fees. That is 11% higher than the Charlevoix County, MI average of $420.
Is an Airbnb in Elk Rapids and Lake Country profitable?
For homes with a matched home value, the median room-revenue potential in Elk Rapids and Lake Country is $50,524 a year and the median gross yield is 10.1%. Gross yield is 1.6 points lower than the Charlevoix County, 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 Elk Rapids and Lake Country by bedroom count?
The table shows average yearly revenue and median gross yield for each home size, with the Charlevoix County, MI figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 5 listings | $17,463 Charlevoix County, MI: $21,588 | Not enough data |
| 2 bedrooms 21 listings | $25,859 Charlevoix County, MI: $25,699 | 11.7% Charlevoix County, MI: 12.0% |
| 3 bedrooms 14 listings | $25,535 Charlevoix County, MI: $35,344 | 7.9% Charlevoix County, MI: 11.9% |
| 4+ bedrooms 14 listings | $37,135 Charlevoix County, MI: $54,586 | 10.1% Charlevoix County, MI: 11.2% |
How does Elk Rapids and Lake Country 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 |
|---|---|---|---|---|
| Elk Rapids and Lake Country This area 55 listings | $27,830 | 45% | $465 | 10.1% |
| Charlevoix County, MI market 1,729 listings | $34,221 | 49% | $420 | 11.7% |
| Bellaire and Northern Lake Country 55 listings | $45,901 | 46% | $578 | 15.5% |
| Alden and South Torch Lake 56 listings | $30,283 | 52% | $452 | 14.3% |
| Bellaire Resort and Lake Country 143 listings | $36,205 | 49% | $403 | 13.9% |
| Central Lake and Northern Torch Country 44 listings | $33,440 | 47% | $541 | 9.2% |
Where is Elk Rapids and Lake Country?
The Charlevoix County, MI market includes 28 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 (55 in Elk Rapids and Lake Country). 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 Charlevoix County, MI market page?
The market page summarizes all of Charlevoix County, 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 Elk Rapids and Lake Country
With BNBCalc Markets, compare Elk Rapids and Lake Country by bedroom count and performance level, see home prices, and browse its listings on the map.