Pembine, WI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Pembine short-term rental market based on reliable data.

Listings

40 / 94

Reliable / Active

Cap Rate

10%

Middle-Earners Gross Yield

Revenue

$19,562

Middle-Earners Revenue

Occupancy

44%

Middle-Earners Occupancy

Home Value

$191,396

Median Home Sale Price

Top Earners

$40,058

Top-Earners Revenue

Pembine

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Pembine.

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B

Generally Investor friendly

Pembine Regulations

STRs are permitted in Pembine under standard lodging rules; operators renting to more than four transients need a state Tourist Rooming House license, while smaller operations face no specific STR licensing. No municipal caps or complex registration are indicated, and local permitting is light and mostly event‑focused, making compliance manageable.

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About Pembine

Pembine is a small unincorporated community in Marinette County, in the far northeastern corner of Wisconsin, just south of the Michigan border. With a population of well under 1,000, the community has the feel of a quiet northwoods gateway town, ringed by dense forest, river valleys, and an extensive network of seasonal trails. Long known as a staging point for hunters, anglers, snowmobilers, and ATV riders heading into the Wisconsin northwoods, Pembine sits along U.S. Highway 141 about 150 miles north of Green Bay, the nearest major city, and roughly 35 miles north of Marinette, the nearest city of meaningful size.

A few miles east of town, the Menominee River forms the state line between Wisconsin and Michigan's Upper Peninsula, and it shapes much of the recreation around Pembine. The river corridor offers fishing for smallmouth bass and walleye, paddling on its slower stretches, and access to public lands on both sides of the border, making it a frequent stop for visitors who want a taste of the wild character that defines the upper Great Lakes region.

To the west and south, the Chequamegon-Nicolet National Forest covers a vast swath of northern Wisconsin, with portions extending into Marinette County and the lands immediately surrounding Pembine. Within an hour's drive, travelers can reach trailheads for hiking, backcountry camping, and mountain biking, as well as a network of groomed snowmobile and ATV routes that link the community to a much larger regional trail system. The forest's presence is the main reason the area draws visitors in every season.

Threaded through the area are smaller lakes, trout streams, and county-owned recreation areas with campgrounds and boat launches that see heavy use in summer and fall. State and county parks in Marinette County add swimming beaches, picnic areas, and short hiking trails, and they tend to be far less crowded than the marquee destinations in the southern part of the state. Together, these quieter spots round out a "four-season" outdoor identity that few Wisconsin communities of Pembine's size can claim.

For short-term-rental owners and investors, Pembine's appeal comes down to geography and seasonality. It is small and unincorporated, but it sits at the intersection of major trail systems, the Menominee River, and federal forest land, and it functions as the closest service hub for recreation seekers passing through this corner of the state. Visitors who want to experience Wisconsin's northwoods without the crowds and rates of bigger destinations like Eagle River or Minocqua increasingly look to communities like Pembine, where cabin stays, river access, and trail access converge in a single, easy-to-reach base.

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