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AirDNA Data: US Michigan Ann Arbor

How is Ann Arbor performing?

70

Good
Market Score

51

Investability

55

Rental Demand

21

Revenue Growth

84

Seasonality

59

Regulation

Annual Revenue

$17.8K

+3%

past year

Occupancy Rate

31%

+4%

past year

Average Daily Rate

$252.6

+3%

past year

Revenue per Available Rental (RevPAR)

$123.6

+6%

past year

Ann Arbor Performance Details

Total available listings

4,659

+3%

past year

Listings by rental channel

Channel

Airbnb (87%)

Vrbo (7%)

Both (6%)

Listings by rental size

Bedrooms

1 Bedroom (60%)

2 Bedroom (19%)

3 Bedroom (12%)

4 Bedroom (7%)

5+ Bedroom (3%)

Rental growth in the last 12 months

Active Listings

+8%

past year

Listings by annual availability

Available

1-90 nights (86%)

91-180 nights (4%)

181-270 nights (4%)

271-365 nights (5%)

Listings by rental type

Type

Entire Home (60%)

Private Room (38%)

Shared Room (2%)

Listings by Cancellation Policy

Flexible (38.6%)

Moderate (28.7%)

Strict (31.2%)

Super Strict (1.5%)

Listings by Minimum Stay

1 Night (2.7%)

2 Nights (28.5%)

3 Nights (5.6%)

4-6 Nights (2.6%)

7-29 Nights (6.6%)

30+ Nights (53.9%)

What amenities do listings have?

Kitchen

90%

Wireless Internet

89%

Heating

87%

Aircon

81%

Washer

79%

Who are the largest property managers?

Property ManagerListingsAnnual ChangeReviewsAverage Review
4M Team
170.1%4083
4.84
StayArbor
160.1%450
4.61
Mitten Housing
60.0%296
4.73
Evolve
62.0%37
4.68
Gameday Housing
6-0.3%9
4.89

Occupancy

Occupancy Rate

31%

+5%

past year

Booking lead time
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Length of stay
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Revenue

Average revenue

$1,780,524

+5%

past year

How much revenue did listings earn per month?

Average revenue over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018

Rates

Revenue per available rental (RevPAR)

$31

+5%

past year

Revenue per available rental
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Revenue per available rental (RevPAR) over the last 5 years
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What was the average daily rate?

Average daily rate over the last 5 years

-3%

past year

2023
2022
2021
2020
2019
2018

Revenue per available rental (RevPAR)

Revenue per available rental

$31

-7%

past year

Weekend revenue per available rental (RevPAR)
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What percentage of the month was occupied?

Average monthly occupancy over the last 5 years

+3%

past year

2023
2022
2021
2020
2019
2018
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