Performance indicators for the Bayfield 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 Bayfield.
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Generally Investor friendly
Short‑term rentals are explicitly permitted across jurisdictions with a supportive tone, but investors must obtain multiple licenses (state, county, municipal) and pay fees such as a $300 pre‑inspection plus renewals. Caps (max 4 units per lot, occupancy limited by POWTS capacity) and conditional‑use requirements in some districts add moderate constraints.
Local STR Agent
STR specialist · Bayfield, WI
Bayfield is a city in Bayfield County, Wisconsin, United States. The population was 584 at the 2020 census. This makes it the city with the smallest population in Wisconsin. In fact, for a new city to be incorporated today, state regulations require a population of at least 1,000 residents, so it would have to be incorporated as a village instead.Wisconsin Highway 13 serves as a main route in the community. It is a former county seat, lumbering town, and commercial fishing community, which today is a tourist and resort destination. There are many restaurants, hotels, bed & breakfast establishments, specialty shops, and marine services. The local Chamber of Commerce refers to Bayfield as the "Gateway to the Apostle Islands".