Boyne City, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

178 / 307

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$37,244

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$392,643

Median Home Sale Price

Top Earners

$71,352

Top-Earners Revenue

Boyne City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Boyne City.

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B

Generally Investor friendly

Boyne City Regulations

Explicitly allowed with straightforward licensing (annual $300 fee, clear process). A citywide cap of 130 units (~10% of homes) and moderate operational rules keep compliance manageable but limit scale.

View Boyne City Regulations →

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About Boyne City

Boyne City is a small city located in Charlevoix County in the northern part of Michigan's Lower Peninsula. With a population of around 3,800 residents, it is a charming and welcoming community. Boyne City is situated approximately 60 miles northeast of Traverse City, which is the closest major city in the region.

Boyne City is renowned for its picturesque setting on the shores of Lake Charlevoix, Michigan's third-largest inland lake. This location makes it a popular destination for water-based recreational activities, appealing to both short-term renters and vacationers. Additionally, the city offers a vibrant downtown area, rich with local shops, restaurants, and cultural attractions.

One of Boyne City's most notable landmarks is the Boyne Mountain Resort, located about 10 miles away in Boyne Falls. The resort offers year-round activities including skiing, snowboarding, golf, and a water park. More information can be found here: Boyne Mountain Resort.

Another key attraction is Young State Park, located on the western shore of Lake Charlevoix. The park provides facilities for camping, hiking, fishing, and swimming, making it an ideal spot for outdoor enthusiasts. Details about Young State Park are available at this link: Young State Park.

Boyne City is also known for its numerous festivals and events, such as the National Morel Mushroom Festival held each spring. These events draw visitors to the area, increasing the demand for short-term rentals. The lively community atmosphere, coupled with the natural beauty and recreational opportunities, makes Boyne City a compelling choice for those seeking short-term accommodations.

In summary, Boyne City, MI, offers a blend of natural beauty, recreational activities, and a vibrant small-town atmosphere, all of which contribute to its appeal for short-term rentals. The proximity to attractions like Boyne Mountain Resort and Young State Park, along with its array of local festivals, ensures a rich experience for visitors.

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