Elmwood and Greilickville, Traverse City Airbnb revenue and occupancy data
What Airbnb listings in Elmwood and Greilickville earn, how often they're booked, and how that compares with the rest of Traverse City, MI.
Over the past 12 months, regularly available listings in Elmwood and Greilickville earned $43,053 on average, were booked for 51% of the nights they were open, and averaged $498 a night. The median gross yield, before expenses, is 13.0%.
Yearly revenue
$43,053
Occupancy
51%
Nightly rate
$498
Gross yield
13.0%
before expenses
Median of 41 listings
Active listings
43
My take on Elmwood and Greilickville
Elmwood and Greilickville averaged $43,053 in trailing-year booking revenue, compared with $32,039 across Traverse City, MI. Median annual room-revenue potential was $67,650.
Despite the higher revenue figures, the area's median potential gross yield of 13.0% was close to the market's 13.2%. Gross yield is before expenses, financing and taxes. The area figures can narrow a search, but a home's price and comparable rentals will determine whether its numbers make sense.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
How much do Airbnb hosts make in Elmwood and Greilickville?
Regularly available Airbnb listings in Elmwood and Greilickville earned an average of $43,053 over the past 12 months. That is 34% more than the Traverse City, MI average of $32,039. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
What is the Airbnb occupancy rate in Elmwood and Greilickville?
Listings in Elmwood and Greilickville 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 Traverse City, MI average of 49%. Nights a host blocked off don't count.
How much does an Airbnb cost per night in Elmwood and Greilickville?
The average nightly rate in Elmwood and Greilickville was $498 over the past 12 months, including cleaning fees. That is 30% higher than the Traverse City, MI average of $384.
Is an Airbnb in Elmwood and Greilickville profitable?
For homes with a matched home value, the median room-revenue potential in Elmwood and Greilickville is $67,650 a year and the median gross yield is 13.0%. Gross yield is 0.2 points lower than the Traverse City, 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 Elmwood and Greilickville by bedroom count?
The table shows average yearly revenue and median gross yield for each home size, with the Traverse City, MI figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 2 bedrooms 11 listings | $39,965 Traverse City, MI: $27,047 | 12.7% Traverse City, MI: 13.5% |
| 3 bedrooms 21 listings | $44,281 Traverse City, MI: $34,386 | 13.6% Traverse City, MI: 13.3% |
| 4+ bedrooms 7 listings | $53,143 Traverse City, MI: $50,486 | 13.0% Traverse City, MI: 12.2% |
How does Elmwood and Greilickville 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 |
|---|---|---|---|---|
| Elmwood and Greilickville This area 43 listings | $43,053 | 51% | $498 | 13.0% |
| Traverse City, MI market 3,384 listings | $32,039 | 49% | $384 | 13.2% |
| Northwest Traverse City 76 listings | $37,315 | 46% | $389 | 11.6% |
| Downtown, Commons and Bayfront 226 listings | $35,215 | 48% | $355 | 12.6% |
| East and Northeast Traverse City 189 listings | $30,993 | 48% | $310 | 13.1% |
| Long Lake Township 73 listings | $46,254 | 49% | $530 | 11.7% |
Where is Elmwood and Greilickville?
The Traverse City, MI market includes 45 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 (43 in Elmwood and Greilickville). 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 Traverse City, MI market page?
The market page summarizes all of Traverse City, 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 Elmwood and Greilickville
With BNBCalc Markets, compare Elmwood and Greilickville by bedroom count and performance level, see home prices, and browse its listings on the map.