Best Vacation Rental Management in Walloon Lake, Michigan

No permit is currently required for short-term rentals in Walloon Lake — regulation status is friendly and permit type is listed as none. General zoning and nuisance codes still apply, and Michigan's 6% use tax applies to stays under 30 days. As of April 2026, no STR-specific ordinance had been found for Walloon Lake itself.

Market-wide averages across every listing — most of them self-managed by owner-operators, without professional pricing or multi-channel distribution — put annual revenue at about $53,900. The median listing earns about $65,400, the top quartile about $89,500, and the top tenth about $119,000.

Average occupancy in Walloon Lake is about 45%, which sits 8.5 points below the Michigan benchmark.

Nightly rates vary by size, from about $179 for a studio to about $568 for a 5-bedroom home, with 3-bedroom homes averaging about $380 a night.

Walloon Lake scores 85 — strong tier — with a gross yield of 13.45%, about 7.4 points above the Michigan average yield of 6.1%.

Walloon Lake's regulation status is friendly, with no permit required and no STR-specific ordinance found there as of April 2026 — general zoning and nuisance codes apply, plus Michigan's 6% use tax on stays under 30 days. Charlevoix County itself has no countywide STR ordinance; Charlevoix city has its own 80-unit cap and Boyne City and East Jordan have their own separate frameworks, but none of those are Walloon Lake's own rules.

Peak season centers on July; April is the trough month, with July revenue running about 2.79 times April's.

By annual revenue, 5-bedroom homes perform best in Walloon Lake, averaging about $86,900 a year at an ADR near $568, though occupancy runs lower at about 43%. Smaller units post higher occupancy — studios run near 50% — but far less total revenue.

Gross yield in Walloon Lake runs about 13.45%, compared with a Michigan state figure of 6.1% — a gap of about 7.4 points.

Revenue varies along two independent axes here. By bedroom count, annual revenue ranges from about $31,600 for a studio to about $86,900 for a 5-bedroom home. Separately, market-wide performance spans from an average of about $53,900 across every listing — most of them self-managed by owner-operators, without professional pricing or multi-channel distribution — up to about $89,500 at the top quartile and about $119,000 at the top tenth.

ROAM prices full-service vacation rental management in Walloon Lake as one transparent, per-property structure — [start with a revenue assessment](https://roammgmt.com/get-started/) to see the numbers for your home.

ROAM is a Michigan vacation rental management company operating across the state, including Walloon Lake — offering full-service Airbnb management, dynamic pricing, multi-channel distribution, and professional on-the-ground operations for owners in the market.

The average Walloon Lake vacation rental earns approximately $60,748 per year, based on current market data. Properties managed by ROAM typically outperform the market average by 30-50% through optimized pricing, professional photography, and listing optimization.

Walloon Lake does not currently require a specific STR permit. ROAM handles all permit applications and renewals for managed properties.

ROAM offers competitive management packages with transparent pricing. Our fees are structured to align our success with yours — we earn more when your property earns more. Visit our packages page for current pricing.

ROAM combines local Michigan expertise with proprietary technology (Signal) for listing optimization and dynamic pricing. Unlike national platforms, we have boots on the ground in your market and treat every property as our own.