Lexington, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Lexington short-term rental market based on reliable data.
Listings
122 / 328
Reliable / Active
Cap Rate
11%
Middle-Earners Gross Yield
Revenue
$23,460
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$222,270
Median Home Sale Price
Top Earners
$51,613
Top-Earners Revenue
Lexington
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Lexington.
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Challenging to Investors
Lexington Regulations
Lexington allows STRs but limits them to 20 properties village‑wide with a 250‑ft spacing rule and requires conditional use plus $200/$25 fees in residential zones. Strict caps and spacing, plus proof‑of‑activity requirements and fines, create a constrained market and deter many investors.
Local STR Agent
STR specialist · Lexington, MI
About Lexington
Lexington is a village in Sanilac County in the U.S. state of Michigan. The population was 1,178 at the 2010 census. The village is located within Lexington Township.