Airbnb & VRBO Performance in Erie Michigan.

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Erie, Michigan: Airbnb & VRBO Vacation Rental Market Overview

Despite broader regional challenges, Erie, Michigan's short-term rental market shows resilience, with properties often booked for a significant number of nights and maintaining a median occupancy rate, though specific local data may vary.

Market overview

Strong Performance in Erie, Michigan's Short-Term Rental Market

Despite some regional challenges, the short-term rental market in Erie, Michigan, shows promising signs. While specific data for Erie, Michigan, is limited, the broader trends in the state and national context provide some insights. Nationally, short-term rentals are expected to maintain a stable occupancy rate of around 54.7% in 2024, similar to 2023 levels, and average daily rates (ADRs) are anticipated to increase modestly by 2.1%.

Although Michigan's northern and western coastal areas face challenges due to population decline in feeder cities like Detroit, local markets can still capitalize on their natural beauty and vacation appeal. For areas like Erie, focusing on attracting tourists from cities with higher income growth could help mitigate these challenges. While exact occupancy and ADR figures for Erie are not available, the overall national stability and modest growth in ADRs suggest a positive outlook for well-managed short-term rental properties in the region.

Short Term Regulations

Short-Term Rental Regulations in Erie, Michigan for 2024

City of Erie Specific Regulations

Licensing and Zoning

  • A Short Term Rental license is required prior to renting out a dwelling as a short-term rental. Operating a short-term rental without this license is a violation of the City of Erie Zoning Ordinance.
  • All short-term rentals must obtain zoning approval and be issued a Zoning Certificate before a Short Term Rental license can be obtained.

Zoning Districts

  • Short Term Rentals are allowed as a Permitted use in the following Zoning Districts: R-2 Medium Density Residential District, R-3 High Density Residential District, RLB Residential Limited Business District, among others.

Ownership and Transfer

  • The Short-Term rental license is not transferrable and does not run with the property. If the ownership of the property changes, the new owner must apply for a license under the provisions of this Ordinance prior to continuing to use the property as a short-term rental.

Occupancy and Parking

  • STR accommodations shall not exceed the number of occupants allowed within the applicable zoning district.
  • Overnight occupancy of recreational vehicles, camper trailers, and tents is prohibited.
  • All associated parking shall be on-site in designated spaces.

Conduct and Noise

  • Neither occupants nor guests are to engage in disorderly conduct or disturb the peace and quiet.

Record Keeping and Inspections

  • All operators must maintain a guest log book to include names of guests and dates of stay. The log must be available for inspection by city staff upon request.

Advertising and Posting Requirements

  • All advertisements for an approved STR must clearly display the license number issued for that unit. Failure to do so is grounds for cancellation of the license.
  • The owner of the Short Term Rental shall post a copy of their STR license and a copy of the conditions set forth in a conspicuous space within the property.
  • Each short-term rental must have a clearly visible and legible notice posted within the unit on or adjacent to the front door, containing the name of a contact person, the maximum number of occupants permitted, and the maximum number of vehicles allowed to be parked on the property.

State of Michigan Regulations

Taxation

  • A 6% tax is proposed for short-term rentals used up to and over 15 days, in addition to the existing 6% use tax.

Liability Insurance and Safety Measures

  • All short-term rentals must have $1 million in liability insurance.
  • Rentals must include listed escape plans, local first responder numbers, fire extinguishers, smoke alarms, and carbon dioxide alarms. An emergency contact listing of someone within 30 miles is also required.

Registration and Database

  • Properties offered as short-term rentals must be registered with the Michigan Department of Licensing and Regulatory Affairs (LARA) and included in a short-term rental database.
  • Hosting platforms must have a current and valid registration on file with LARA and pay an annual registration fee of $100 per listing (up to $50,000).

Local Regulations

  • Local units of government can enact and enforce reasonable regulations, including determining the number of units allowed to be used as short-term rentals, geographical restrictions, and establishing a process for revoking a short-term rental permit.

Penalties and Enforcement

  • Penalties for violations include fines and the revocation of permits. Local units of government can revoke a short-term rental permit for violations of local or zoning ordinances.
Neighborhood Performance

Top Neighborhoods for Airbnb Revenue in Erie, Michigan

While specific neighborhood data for Erie, Michigan, is not extensively detailed in the sources, we can infer the most appealing areas based on popular attractions and demand metrics.

1. Downtown Erie

  • Appeal: Proximity to key attractions like the Erie Maritime Museum, Erie Art Museum, and the vibrant downtown area with shops and restaurants.
  • Revenue Potential: High foot traffic and central location make it an attractive spot for short-term rentals.

2. Presque Isle State Park Area

  • Appeal: This area is renowned for its natural beauty, outdoor recreational activities, and the popular Presque Isle State Park.
  • Revenue Potential: High demand during summer months and peak tourist seasons due to its scenic and recreational offerings.

3. Waldameer Park & Water World Area

  • Appeal: Families and thrill-seekers are drawn to this area due to the presence of Waldameer Park & Water World, a major amusement park.
  • Revenue Potential: Seasonal peak demand, especially during summer and school holidays.

4. Splash Lagoon Indoor Water Park Area

  • Appeal: This area is a year-round attraction, especially for families, due to the indoor water park.
  • Revenue Potential: Consistent demand throughout the year, making it a stable investment.

5. Peek'n Peak Resort Area

  • Appeal: Known for its ski resort and outdoor activities, this area attracts both winter and summer sports enthusiasts.
  • Revenue Potential: High demand during winter and summer seasons due to its recreational facilities.

6. Asbury Woods and Lake Erie Arboretum at Frontier Park Area

  • Appeal: Nature lovers and those seeking a peaceful retreat are drawn to these areas due to their natural beauty and recreational opportunities.
  • Revenue Potential: Steady demand from those looking for a serene and natural environment.

These neighborhoods are appealing due to their proximity to popular attractions, recreational activities, and the overall charm of Erie, making them lucrative for Airbnb investments.

Key Metrics

  • Occupancy Rate: Average occupancy rates in Erie are around 61-63%.
  • Average Daily Rate: Ranges from $114 to $200 depending on the location and type of property.
  • Revenue Potential: Annual revenues can range from $24K to over $33K depending on the property and location.
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Design Tips

Furnishing and Design Tips for an Inviting Airbnb in Erie, Michigan

To create an Airbnb in Erie, Michigan, that is both inviting and reflective of the city's unique style, consider the following tips:

Define Your Property's Aesthetic

  • Align your property's aesthetic with the local market and price tier. Erie's lakeside charm and natural beauty can inspire a cozy, nautical, or rustic theme.

Measure and Layout

  • Measure your rooms and plan the layout to maximize space and natural light. Ensure there is ample room to move around and that the layout is functional and comfortable.

Choose Timeless and Sturdy Furniture

  • Opt for timeless, sturdy pieces that will last. Avoid flimsy or cheaply made furniture, especially beds with plastic legs. Instead, go for solid beds with easy-to-clean surfaces and consider storage beds for extra space.

Comfortable and Functional Essentials

  • Invest in comfortable beds with at least 8-inch thick mattresses, preferably memory foam for durability. Provide sofas with washable covers and consider sofa beds to increase guest capacity.
  • Ensure the dining table is tough and resistant to wear and tear. Use comfy, lightweight chairs that are easy to move around.

Well-Equipped Kitchen

  • Equip your kitchen with essentials like a coffee maker, microwave, toaster, and kettle. Include basic cookware, utensils, dinnerware, and extras like a blender and sharp knives. Make sure there is ample storage for food and cooking supplies.

Smart Storage Solutions

  • Use space-saving furniture with big functionality, such as beds with drawers, wall hooks, pegboards in the kitchen, and stackable containers. Provide a designated spot for guests' personal items, like a luggage rack.

Enhance with Lighting and Mirrors

  • Ensure good lighting throughout the space, and consider using mirrors to make the area feel bigger and brighter.

Modern Amenities

  • Provide high-speed internet and consider a Wi-Fi booster for larger spaces. Include a sturdy desk and comfy chair for guests who need to work, along with a desk lamp, stationery, and a power strip.

Safety and Accessibility

  • Install smoke detectors, carbon monoxide detectors, and a first aid kit. Consider making your Airbnb accessible to guests with disabilities by adding ramps, wide doorways, and grab bars in bathrooms.

Local Touches

  • Incorporate local elements into your decor, such as nautical themes or items that reflect Erie's lakeside culture. Add plants and decorative items that enhance the space without overwhelming it.

Quality Photos and Accurate Listings

  • Take high-quality photos of your listing from various angles to showcase its best features. Ensure your listing is accurate and updated to attract potential guests.

Guest Comforts

  • Provide free closet space and hangars, and consider including a washing machine for guest convenience. Ensure there is ample parking available, as this is a significant factor for many travelers.

By following these tips, you can create an inviting Airbnb in Erie, Michigan, that not only reflects the city's unique style but also ensures a comfortable and memorable stay for your guests.

Insider Tips

Discovering Erie, Michigan: Local Attractions and Insider Tips

Local Attractions

Natural Wonders

  • Lake Erie Coastline: Explore the scenic coastline of Lake Erie, the smallest of Michigan's Great Lakes, which stretches from the Ohio border to the mouth of the Detroit River.
  • Gard Island, Indian Island, and Turtle Island: Visit these islands within Lake Erie, part of Erie Township.

Parks and Outdoor Activities

  • Maplewood Park: A popular spot for outdoor activities and relaxation.
  • Hiking Trails: Enjoy hiking in the various trails available in and around Erie Township.

Historical and Cultural Sites

  • North Maumee Bay Archeological District: Explore the historical significance of this area within the Detroit River International Wildlife Refuge.
  • St. Joseph sur la Baie Miami: Learn about the early history of the area at this historic log church.

Local Delights

  • Erie Orchards and Cider Mill: Sample local produce and enjoy the scenic orchards.
  • Roadside Stands and Farmers Markets: Although more prominent in Erie, PA, Erie, MI also offers opportunities to shop for locally grown products, especially during seasonal events.

Insider Tips

Best Times to Visit

  • Seasonal Activities: While Erie, MI, may not offer the same breadth of seasonal activities as Erie, PA, visitors can still enjoy the changing seasons. Spring and fall are great times for outdoor activities, while summer is perfect for lake activities and winter for exploring the snowy landscapes.

Local Events

  • Check Local Calendars: Keep an eye on local event calendars for festivals, farmers markets, and other community events that can enhance your guests' experience.

Dining and Entertainment

  • Local Eateries: Recommend local dining spots, such as those in nearby towns, for a taste of authentic Michigan cuisine.
  • Stammers Bar: Suggest this local bar for a casual evening out.

Unique Experiences

  • Detroit River International Wildlife Refuge: Inform your guests about the unique opportunity to visit this refuge, which includes parts of Erie Township.
  • Lost Peninsula: Share the interesting history and geography of this exclave of Erie Township, bordered by Ohio.

By providing these attractions and insider tips, you can help your Airbnb guests make the most of their visit to Erie, Michigan.

Practical Tips

Practical Tips to Run a Successful Short Term Rental Business in Erie, Michigan

To ensure the success of your short-term rental business in Erie, Michigan, several key strategies can be implemented:

Noise Regulations and Quiet Hours

Inform your guests about local noise regulations and quiet hours to maintain a positive relationship with neighbors and avoid potential fines. Include this information in both your digital and physical house manual to ensure clarity.

Comprehensive House Manual

Create a detailed digital and physical house manual that includes essential instructions, Wi-Fi passwords, and other important details. This manual should cover everything from how to use appliances to emergency contact numbers, ensuring guests have a smooth and hassle-free stay.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with clear instructions on how to access the property, along with photos of the entrance and any specific steps they need to follow.

Parking Instructions

Include detailed parking instructions with photos in your house manual to help guests navigate the property easily. This can prevent confusion and ensure that guests park in the correct areas, respecting any local parking regulations.

By implementing these practical tips, you can enhance the guest experience, reduce potential issues, and maintain a positive reputation for your short-term rental business in Erie, Michigan.

Local Vendors

Here is a brief list of house cleaning services in Erie, Michigan, based on the available information:

House Cleaning Services in Erie, MI

Homeaglow

  • Offers top-rated, professional, and affordable house cleaning services.
  • Cleaners are background-checked.
  • Initial 3-hour clean starts at $19.

Care.com House Cleaning

  • Provides a list of affordable house cleaning options starting at $17.00/hr.
  • Allows searching by rates, reviews, experience, and more.

Angie's List Home Cleaning Services

  • Features a list of the top 10 best home cleaning services in Erie, MI.
  • Includes real reviews and ratings to help choose the right service.

These resources can help you find and evaluate house cleaning services in Erie, MI. For repair or maintenance providers, you may need to consult additional sources as the provided information primarily focuses on cleaning services.

Management fees

Short-Term Rental Management Fees in Erie, Pennsylvania: A Guide

When managing short-term rentals in Erie, Pennsylvania, property owners can expect management fees to typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive tasks such as guest communication, marketing, and maintenance, tends to be on the higher end of this spectrum, often ranging between 20% to 30% of the rental income.

In contrast, basic services or a la carte options may incur lower fees. Additionally, property owners should be aware of potential extra fees for services like cleaning, repairs, and design, which can vary based on the property management company and the specific needs of the rental property. Understanding these fee structures is crucial for property owners to make informed decisions and maximize their rental revenue.

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Why choose RedAwning

RedAwning is a tech leader in full-service short-term rental management, powered by our exclusive, unmatched tools.
Other property managers
Cost
Starting at 10%
25-40%
Guest communications
5-15 mins / 24 hours a day
1 hour+
Host communications
Dedicated phone and text line with no time on hold
Chat bots, hold lines and email threads
Insurance
Robust liability and dwelling coverage for every reservation
Spotty coverage with low claim approval rates
Contract
No cancellation fees
No contract lock-in
Just 90 days notice to cancel
Cancellation penalties
Number of Channels Your Listing is On
50+
2-4

Experience in numbers

Rest well knowing your property is managed by an experienced team powered by world-class technology.
+10-30%
in gross revenue
4.8 stars
guest rating
14+ years
managing STRs

Short Term Rental Calculator

Find out how much your property in Erie should generate as a short term rental and look at the performance of properties around yours.

35,000+ Properties
Hosts stay with RedAwning
1,000,000,00 Nights Booked
RedAwing knows how to get bookings
50+ Top Booking Channels
More than any other platform available

Furnishing checklist

This comprehensive checklist ensures that your rental is guest-ready with all the essentials to create a comfortable and memorable experience in Erie.

Living Room
Seating: Sofa, armchairs, and ottomans
Coffee Table
Entertainment: Smart TV (with streaming apps) and remote control
Decor: Area rug, wall art, plants, and throw pillows
Lighting: Floor lamp or table lamps
Charging Stations: Power strips or outlets with USB ports
Bedrooms
Beds: High-quality mattress with mattress protector
Linens: At least two sets of sheets per bed
Pillows: Hypoallergenic pillows (2-4 per bed)
Blankets: Extra throw blankets or quilts
Nightstands: With lamps or charging docks
Closet or Storage: Hangers, dresser, or luggage rack
Blackout Curtains or Shades
Bathrooms
Towels: Bath towels, hand towels, washcloths (2 sets per guest)
Shower Curtain & Liner
Toiletries: Shampoo, conditioner, body wash, hand soap
Bathroom Essentials: Toilet paper, tissues, trash bin
Hairdryer
Mirror: Full-length or wall mirror
Dining Area
Dining Table: Seating for the maximum number of guests
Place Settings: Placemats or tablecloths
Centerpiece: Vase with flowers or decorative piece
Kitchen
Appliances: Refrigerator, microwave, toaster, coffee maker, kettle
Cookware: Pots, pans, baking trays
Utensils: Forks, knives, spoons, spatulas, tongs
Dinnerware: Plates, bowls, glasses, mugs (2 sets per guest)
Cutting Board & Knives
Basic Spices & Condiments: Salt, pepper, oil
Cleaning Supplies: Sponge, dish soap, paper towels, trash bags
Outdoor Space (if applicable)
Seating: Outdoor chairs, benches, or lounges
Table: For outdoor dining or drinks
Lighting: String lights or outdoor lanterns
Grill: With necessary utensils and instructions
Outdoor Trash Bin
Extras to Elevate Guest Experience
Welcome Basket: Snacks, water bottles, or wine
Guidebook: Local recommendations and house rules
Board Games or Books: Entertainment for guests
Umbrella & Flashlight
Iron & Ironing Board
Laundry: Washer, dryer, and detergent (if available)
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⇤ Airbnb Statistics for Michigan