Livonia, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Livonia short-term rental market based on reliable data.
Listings
9 / 54
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$35,985
Middle-Earners Revenue
Occupancy
83%
Middle-Earners Occupancy
Home Value
$298,790
Median Home Sale Price
Top Earners
$51,103
Top-Earners Revenue
Livonia
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Livonia.
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Challenging to Investors
Livonia Regulations
Livonia treats STRs as standard rentals: licensing, initial and annual inspections, occupancy-load rules, and three‑year CO leak certifications are required, with missed‑appointment fees and access/entry procedures. No caps or dedicated STR permit exist, but the standard rental regime adds cost, time, and compliance burden that can deter investors.
Local STR Agent
STR specialist · Livonia, MI
About Livonia
Livonia (luv-OWN-yuh) is a city in Wayne County, Michigan, United States. A western suburb of Detroit, Livonia is located roughly 20 miles (32.2 km) northwest of downtown Detroit. As of the 2020 census, the city had a population of 95,535. Originally organized as Livonia Township in 1835, it incorporated as a city in 1950.