Bellaire, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Bellaire short-term rental market based on reliable data.

Listings

454 / 883

Reliable / Active

Cap Rate

8%

Middle-Earners Gross Yield

Revenue

$26,833

Middle-Earners Revenue

Occupancy

45%

Middle-Earners Occupancy

Home Value

$354,386

Median Home Sale Price

Top Earners

$69,005

Top-Earners Revenue

Bellaire

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Bellaire.

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A

Very Investor friendly

Bellaire Regulations

Bellaire allows short‑term rentals citywide with no local permit, license or caps, and only requires routine state tax registration and a 6% use‑tax, making the regulatory environment extremely investor‑friendly.

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About Bellaire

Bellaire is a small village in northern Michigan that serves as the seat of Antrim County, tucked into a rolling, forested stretch of the Lower Peninsula about 35 miles northeast of Traverse City. With a year-round population of roughly 1,100 residents, it has the unhurried feel of a former lumber town that has reinvented itself as a launchpad for outdoor recreation. Visitors passing through quickly notice the tree-shaded main street, the easygoing pace, and the way the surrounding landscape opens up into a patchwork of glacial lakes, rivers, and ridgelines. Bellaire is best known as a gateway to the Chain of Lakes region and the famously clear waters of Torch Lake, and it has built a quiet reputation around craft beer, downhill skiing, and the kind of small-town amenities that make a northern Michigan vacation feel restorative rather than rushed.

Just a few miles north of the village lies Torch Lake, often called the third-most beautiful lake in the world by readers of a national travel magazine and a touchstone of the region. Its exceptionally clear, turquoise water draws boaters, paddlers, and swimmers throughout the warmer months, while the surrounding shoreline communities of Alden and Clam River offer casual dining and small public access points. The drive from downtown Bellaire to the lake's southern end takes only about ten minutes, making it easy for visitors to base themselves in the village and still spend long days on the water.

Also in Bellaire is Shanty Creek Resorts, a four-season property spread across several mountains and valleys just east of the village. It is one of the larger resort operations in northern Michigan, with skiing and snowboarding in winter, two golf courses in summer, and a range of lodging, restaurants, and spa facilities year-round. The resort's Schuss Mountain and Summit Village sides are roughly a ten-minute drive from Bellaire's downtown, and the property serves as a significant draw for visitors exploring the Antrim County portion of the state's snow belt.

In the heart of the village, Short's Brewing Company has become something of a regional landmark since its founding in the early 2000s, drawing visitors for its flagship pub, live music, and experimental small-batch releases that have earned the brewery a national following. A short walk from the brewery brings guests to the Grass River Natural Area, a roughly 1,500-acre preserve with boardwalk trails, paddling opportunities on the Grass River, and well-marked paths through cedar swamps and hardwood forest. The nature area is only a few minutes from the village center, offering an easy morning outing before a day on the lake or the slopes.

For short-term rental owners, Bellaire offers a compelling combination of year-round demand drivers, a recognizable brand within Michigan's vacation market, and proximity to several of the state's most photographed natural attractions. Its walkable downtown, established breweries and restaurants, and quick access to Torch Lake and Shanty Creek give guests a comfortable home base from which to explore the broader Chain of Lakes region, while the slower seasonal rhythm and small-town character help the destination stand apart from busier resort towns further up the coast.

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