Munising, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Munising short-term rental market based on reliable data.
Listings
275 / 840
Reliable / Active
Cap Rate
17%
Middle-Earners Gross Yield
Revenue
$32,475
Middle-Earners Revenue
Occupancy
52%
Middle-Earners Occupancy
Home Value
$191,344
Median Home Sale Price
Top Earners
$58,378
Top-Earners Revenue
Munising
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Munising.
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Challenging to Investors
Munising Regulations
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
About Munising
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.