Performance indicators for the Munising short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Munising.
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Challenging to Investors
Munising allows STRs only as conditional uses with caps in some districts (H‑2=5, T=10) and requires detailed CUP and site plan submittals, ongoing filings, and strict enforcement (third violation triggers revocation). A two‑year moratorium on new city permits further limits entry and adds uncertainty, while the ban on signage and the 24/7 local contact requirement raise compliance burden and risk.
Local STR Agent
STR specialist · Munising, MI
Munising ( MYU-nə-sing) is a city in the Upper Peninsula of the U.S. state of Michigan. The population was 1,986 at the 2020 census. It is the county seat of Alger County. The city is partially surrounded by Munising Township, but the two are administered autonomously. Located on the southern shore of Lake Superior in the Upper Peninsula, it serves as the western gateway to Pictured Rocks National Lakeshore.