Big Rapids, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Big Rapids short-term rental market based on reliable data.
Listings
37 / 129
Reliable / Active
Cap Rate
14%
Middle-Earners Gross Yield
Revenue
$27,831
Middle-Earners Revenue
Occupancy
57%
Middle-Earners Occupancy
Home Value
$203,583
Median Home Sale Price
Top Earners
$49,596
Top-Earners Revenue
Big Rapids
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Big Rapids.
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Generally Investor friendly
Big Rapids Regulations
STRs are permitted in many districts (R1, RP, R2, R3, RR, C2) but R1/RP require owner-occupancy and limit non-owner stays to one occupant; other zones cap occupancy to 2 per legal bedroom and 10 per house. The process involves moderate permitting, mandatory annual inspections, and reasonable fees ($40 first unit), which together create a known, manageable compliance path rather than a serious barrier.
Local STR Agent
STR specialist · Big Rapids, MI
About Big Rapids
Big Rapids is a city and the county seat of Mecosta County, Michigan. The population was 7,727 at the 2020 census, down from 10,601 in 2010. The city is located within Big Rapids Township, but it is politically independent. Big Rapids is home of the main campus of Ferris State University, a four-year public university.