Hillsdale, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

62 / 126

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$30,732

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$190,959

Median Home Sale Price

Top Earners

$48,025

Top-Earners Revenue

Hillsdale

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hillsdale.

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B

Generally Investor friendly

Hillsdale Regulations

STRs are permitted in Hillsdale County with a straightforward registration process and a low annual permit fee of $50, which makes the permitting cost/complexity manageable. However, compliance requirements include a local representative within 20 miles, periodic inspections, and potential additional local zoning or HOA restrictions, introducing moderate operational rules but not caps. The enforcement stance is documented and supportive, reducing investor risk to a manageable level.

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About Hillsdale

Hillsdale is the largest city and county seat of Hillsdale County in the U.S. state of Michigan. The population was 8,036 at the 2020 census. The city is the home of Hillsdale College, a private liberal arts college.

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