How is Detroit performing?
97
Great
100
Investability
63
Rental Demand
89
Revenue Growth
90
Seasonality
59
Regulation
Annual Revenue
$15K
+3%
past year
Occupancy Rate
47%
+4%
past year
Average Daily Rate
$174
+3%
past year
Revenue per Available Rental (RevPAR)
$76
+6%
past year
Detroit Performance Details
Total available listings
2,411
+3%
past year
Listings by rental channel
Airbnb (68%)
Vrbo (7%)
Both (25%)
Listings by rental size
1 Bedroom (50%)
2 Bedroom (21%)
3 Bedroom (18%)
4 Bedroom (6%)
5+ Bedroom (5%)
Rental growth in the last 12 months
Active Listings
+8%
past year
Listings by annual availability
1-90 nights (12%)
91-180 nights (14%)
181-270 nights (14%)
271-365 nights (59%)
Listings by rental type
Entire Home (81%)
Private Room (19%)
Shared Room (0%)
Listings by Cancellation Policy
Flexible (39.4%)
Moderate (34.0%)
Strict (24.5%)
Super Strict (2.0%)
Listings by Minimum Stay
1 Night (2.9%)
2 Nights (27.4%)
3 Nights (10.0%)
4-6 Nights (6.0%)
7-29 Nights (5.6%)
30+ Nights (48.2%)
What amenities do listings have?
Internet
98%
Wireless Internet
97%
Kitchen
94%
Aircon
87%
Heating
86%
Who are the largest property managers?
| Property Manager | Listings | Annual Change | Reviews | Average Review |
|---|---|---|---|---|
Evolve | 24 | 0.6% | 80 | 4.34 |
Destination Detroit Rentals | 20 | 0.2% | 2310 | 4.83 |
Monty | 19 | -0.1% | 439 | 4.51 |
Detroit Adventures | 16 | 0.2% | 871 | 4.63 |
Detroit Furnished Rentals | 12 | 0.5% | 7 | 4.86 |
Occupancy
Occupancy Rate
47%
+5%
past year
Booking lead time
Register to see moreLength of stay
Register to see moreWhat 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
$1,497,666
+5%
past year
Entire place
Register to see moreHouse
Register to see moreApartment
Register to see moreHow 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)
$47
+5%
past year
Revenue per available rental
Register to see moreRevenue per available rental (RevPAR) over the last 5 years
Register to see moreWhat 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
$47
-7%
past year
Weekend revenue per available rental (RevPAR)
Register to see moreBest Month
Register to see moreWhat 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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