Best Vacation Rental Management in Waterford Township, Michigan

No. Waterford Township does not require a short-term rental permit — permit type is listed as none. The township's Building Division applies general zoning and nuisance codes rather than an STR-specific ordinance, and Michigan's 6% use tax on stays under 30 days still applies.

Across every listing in the market, the average is $37,331 a year and the median is $36,207. The top quartile earns $49,912 a year, and the top decile reaches $66,665.

The market-wide occupancy rate here is 45.32%, which sits 8.7 points below the Michigan benchmark.

There's no single market-wide nightly rate — it varies by bedroom count. Studios average $136.78 a night, one-beds $149.88, two-beds $175.65, three-beds $237.30, four-beds $296.82, and five-beds $412.72.

Waterford Township has a market score of 90, the exceptional tier, with a gross yield of 10.22% — about 4.1 points above the Michigan state yield of 6.1%. Occupancy runs 8.7 points below the Michigan benchmark at 45.32%, and typical home value (Zillow index) is $365,349.

Regulation here is friendly: no permit is required, and permit type is listed as none. The township's Building Division applies general zoning and nuisance codes, and no STR-specific ordinance had been found as of April 22, 2026. Michigan's 6% use tax on stays under 30 days still applies.

July is the highest-revenue month, and February is the lowest; July revenue runs about 2.53 times February's.

Five-bedroom properties post the highest average revenue at $64,137 a year, though occupancy for that size runs slightly lower at 42.88% compared to smaller sizes. Four-bedrooms average $47,112 a year at 44.25% occupancy, and three-bedrooms average $38,393 at 45.32% occupancy.

Gross yield in this market runs 10.22%, about 4.1 points above the Michigan state yield of 6.1%. Typical home value (Zillow index) here is $365,349.

Revenue varies by property size — from $22,263 a year for studios up to $64,137 for five-bedroom homes. Separately, market-wide revenue spans from a $37,331 average to $49,912 at the top quartile and $66,665 at the top decile. That market-wide average reflects every listing, most of them self-managed by owner-operators, without professional pricing or multi-channel distribution.

ROAM prices full-service vacation rental management in Waterford Township 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 Waterford Township — offering full-service Airbnb management with dynamic pricing, multi-channel distribution, and professional day-to-day operations for owners.

The average Waterford Township vacation rental earns approximately $38,393 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.

Waterford Township 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.