Petoskey, Michigan Short Term Rental Regulations
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Reviewed by Karolyn Hutson
Last updated August 23, 2023
Petoskey Short-Term Rental Regulations
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Short Term City Rating5.4
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Competition
4.7 -
Real Estate Cost
N/A -
STR Regulations
N/A -
Seasonality
4.4 -
Rental Rates
7.3
Petoskey, Michigan Quick Stats
Short-term rentals have gained a lot of traction in the last few years. The trends and statistics of this sector are constantly changing, and having access to accurate data is essential for making sound investment decisions.
- Population
- 5,756
- STR License Required
- No
- Tourist Season
- County
- Emmet
- Airports
- Harbor Springs Airport (RQR)
- Boyne Mountain Airport (KBFA)
Want to learn more about Petoskey?
Hostscouts has you covered. Our guides for this city cover topics that can help you research cities across the US quickly and easily.
Check out our Petoskey rental analytics guide if you're interested in data on the Petoskey rental market.
Review the popular activities that hosts include in their property positing in Petoskey.
The most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings.
Explore nightly rates that hosts list their properties and the average fees for pets and additional guests.
What are the most popular property sizes for rent? Research whether a 1, 2, or 3 bedroom best fits Petoskey guests.
Interested in other Michigan cities?
Check out the Michigan Airbnb rules directory
What makes Petoskey a great place to invest?
- Victorian Charm and Architecture: Petoskey's picturesque downtown boasts well-preserved Victorian buildings, offering visitors a glimpse into the town's rich history. Explore the beautiful Gaslight Shopping District, where you'll find charming boutiques, art galleries, and delightful eateries, all nestled within these historic structures.
- Stunning Lake Views and Water Activities: Situated along the shores of Little Traverse Bay, Petoskey offers unparalleled views of Lake Michigan. Enjoy a day out on the water with activities such as sailing, kayaking, or fishing. You can also take a scenic cruise to marvel at the pristine coastline or relax on the sandy beaches of Petoskey State Park.
- The Famous Petoskey Stone: Hunt for the unique and fascinating Petoskey stone, a fossilized coral that can be found on the shores of Lake Michigan. Visit the nearby Petoskey Stone Gallery to learn more about these geological treasures and even purchase your own one-of-a-kind souvenir.
- Outdoor Adventures Galore: Petoskey is a haven for outdoor enthusiasts with its miles of hiking and biking trails, lush forests, and serene lakes. Traverse the Bear River Valley Recreation Area, featuring a riverwalk, whitewater kayak course, and abundant wildlife. In the winter months, take advantage of nearby ski resorts for skiing, snowboarding, and snowshoeing opportunities.
- Access to Michigan's Pristine Wilderness: Petoskey's location offers easy access to some of Michigan's most breathtaking natural parks, such as Wilderness State Park and Sleeping Bear Dunes National Lakeshore. Revel in the natural beauty of these parks by embarking on scenic drives, hiking through diverse landscapes, or taking part in ranger-led programs to learn about the region's flora and fauna.
Petoskey Nearby Cities
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162 miles away
- Rating: 6.9
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170 miles away
- Rating: 6.3
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The most common terms hosts include in their listings for Petoskey, Michigan
Common terms for Petoskey short term rental listings.
When potential guests are scrolling through listings on Airbnb, they’re looking for certain essential information to help them decide if your property is the right fit for their needs. As a host, ensuring that your listing includes all the relevant information that guests will be looking for is vital.
Some of the must-have elements of a property description include:
- Location: Guests will want to know where your property is located in relation to popular attractions, public transportation, and other points of interest.
- Amenities: What amenities does your property offer? Be sure to list all features guests can access, such as a pool, hot tub, parking, etc.
- Informative: The average listing in Petoskey has a description approximately 1,266 words long. Make sure yours is long enough to describe your property but doesn't require your potential guest to read a novel.
After reviewing more than 1,173 listings in Petoskey, we've consolidated the most common terms on the word cloud. The larger text represents a term that is used more often. The top ten mentioned terms are Harbor Spring, Petoskey, Beach, Deck, Beautiful, Family, Boyne Highland, Cottage, Perfect, and Northern Michigan.
What are the most popular tourist activities in Petoskey?
Whether renting a house, an apartment, or a room, you should include popular tourist activities in your posting. The most common choices mentioned on property listings in Petoskey involve Snow Skiing, Hiking, Swimming, Adventure Activities, and Boating. When you write your listing, have a section with recommended activities near the property to give your guests an idea of what is available.
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Snow Skiing
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Hiking
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Swimming
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Adventure Activities
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Boating
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Cycling
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Sailing
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Marina
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Water Skiing
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Kayaking
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Winery Tours
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Casinos
Local Attractions
What attractions do hosts highlight to guests?
There are quite a few popular attractions in Petoskey, including Boyne Mountain, Lake Michigan, Nub's Nob Ski Area, The Highlands, and Avalanche Bay Indoor Waterpark. Below we've included the most popular local and regional landmarks hosts usually include in their Airbnb or Vrbo property listings. Many hosts like to show off lesser-known regional landmarks visitors might not have heard of.
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Regional Landmark
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McLaren Northern Michigan Hospital
Included on nearly all listings
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Regional Landmark
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Odawa Casino
Included on nearly all listings
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Regional Landmark
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Nub's Nob Ski Area
Included on 82% of listings
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Regional Landmark
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The Highlands
Included on 82% of listings
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Regional Landmark
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Lake Michigan
Included on 46% of listings
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Well Known Attraction
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Boyne Mountain
Included on 20% of listings
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Regional Landmark
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Avalanche Bay Indoor Waterpark
Included on 19% of listings
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Regional Landmark
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Castle Farms
Included on 15% of listings
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Local Landmark
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Charlevoix Beach
Included on 8% of listings
What’s the weather like in Petoskey, Michigan?
The weather is generally milder than the national average, with an average high temperature of around 54°, while the average low is about 37°. It has normal rainfall, averaging about 22 inches per year, compared to the national average of about 27 inches. Snowfall can be rather heavy, averaging less than 28 inches per year. The humidity levels in Petoskey are generally lower than the national average, and the city tends to be a bit cloudy for most of the year.
Winter
December through February
17° Low 30° High
Spring
March through May
33° Low 52° High
Summer
June through August
57° Low 76° High
Fall
September through November
41° Low 56° High
Cities Near Petoskey
Petoskey, Michigan, is located in Emmet County. Some cities that are located nearby include:
