Westland, MI
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Key Performance Metrics
Market snapshotPerformance indicators for the Westland short-term rental market based on reliable data.
Listings
42 / 143
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$26,808
Middle-Earners Revenue
Occupancy
59%
Middle-Earners Occupancy
Home Value
$205,378
Median Home Sale Price
Top Earners
$42,519
Top-Earners Revenue
Westland
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Westland.
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Generally Investor friendly
Westland Regulations
STRs are explicitly permitted citywide with no occupancy caps and an accessible registration process, supporting investment. However, investors must navigate layered requirements: a three‑year municipal Residential Rental Program with inspections and fees ($54–$250, $75 extra for re‑inspections/no‑shows), plus Michigan state STR registration, liability insurance, and taxes. While not prohibitive, the multi‑step permitting, inspections, and ongoing compliance add moderate complexity and cost.
Local STR Agent
STR specialist · Westland, MI
About Westland
Westland is a city in Wayne County in the U.S. state of Michigan. A western suburb of Detroit, Westland is located about 18 miles (29 km) west of downtown Detroit. As of 2022, the city had a population of 84,037.