Saint Michaels, MD
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Saint Michaels short-term rental market based on reliable data.
Listings
98 / 297
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$45,732
Middle-Earners Revenue
Occupancy
44%
Middle-Earners Occupancy
Home Value
$711,425
Median Home Sale Price
Top Earners
$141,156
Top-Earners Revenue
Saint Michaels
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Saint Michaels.
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Challenging to Investors
Saint Michaels Regulations
STRs are confined mainly to the Central Commercial district (above first floor) and a narrowly tailored pre‑1945 single‑family pathway (≤1,400 sq ft, four‑person cap), while historic R‑2 'vacation cottages' are barred from new permits. Licensing requires a $350 fee plus inspections and, for conversions/new builds, site‑plan approval, plus occupancy limits (two per bedroom), parking minimums, and standard taxes. These tight constraints raise compliance cost and limit viable inventory, making the market challenging for investors.
Local STR Agent
STR specialist · Saint Michaels, MD
About Saint Michaels
Saint Michaels, also known as St. Michaels, is a town in Talbot County, Maryland, United States. The population was 1,094 at the 2023 World Population Review. Growing at a rate of 1.3% annually, its population hit a peak with the 2020 Census reporting a 3.99% increase. Saint Michaels derives its name from the Episcopal Parish established there in 1677. The church attracted settlers who engaged in tobacco growing and ship building.