Private Lake Michigan Waterfront Log Cabin + Sauna Entire home · 4 bedrooms Rated 5.00 - Revenue
- $215,186
- Occupancy
- 58.4%
- Daily rate
- $771
Airbnb market data · 202612 months to September 2026
The average Airbnb in Banks Township brought in $33,098 over the 12 months through September 2026, in line with the Michigan average of $34,144.
The short answer
Rates and bookings both trail the Michigan average. Listings averaged $287 a night and were booked on 36% of available nights, against $325 and 40% for the Michigan average.
Timing matters: in July, usually the best month, the average listing earns about 3.5 times as much as in December, usually the slowest. With only 35 active listings, a few bookings can reorder the months.
With 35 active listings, Banks Township is the 177th-largest of 378 Michigan markets AirROI tracks. From a year earlier, average revenue rose 35% while the number of active listings grew 9%.
Browse the live Banks Township Airbnb market See Every Banks Township ListingRevenue
Gross bookings per Banks Township listing averaged $33,098 over the 12 months to September 2026 (Michigan average: $34,144), before cleaning, platform and management costs and taxes.
In a typical year, the average Banks Township listing brings in $9,130 in July, its best month, and $2,630 in December, its slowest. The three strongest months bring in 45% of a full year's revenue, where an even calendar would give any three months 25%.
In a typical month, a top-quarter listing earns at least 5.6 times as much as a bottom-quarter one.
These are monthly figures for listings active in each month. The annual average above also counts listings that operated for only part of the year, so it runs below twelve times these figures.
July earns about 3.5 times what December does
Average revenue per active listing, by month, September 2024 to August 2026
Each point is one month as recorded, averaged over the listings active in it. The best and slowest months in the text average each calendar month over the past two years, so they can differ from the highest and lowest points here.
Latest 12 months in the September 2026 data. September's figures are still coming in, so the rows run to August.
July 2026 led on revenue, nightly rate and bookings alike.
| Month | Avg. Revenue | Occupancy | Avg. Nightly Rate | RevPAR | Booking Lead Time | Avg. Length of Stay |
|---|---|---|---|---|---|---|
| Sep 2025 | $5,534 | 45.8% | $281 | $184 | 59 days | 3.5 nights |
| Oct 2025 | $5,193 | 47.9% | $267 | $168 | 56 days | 2.5 nights |
| Nov 2025 | $4,041 | 43.0% | $258 | $135 | 38 days | 2.4 nights |
| Dec 2025 | $3,159 | 32.6% | $264 | $102 | 35 days | 2.9 nights |
| Jan 2026 | $3,867 | 31.5% | $260 | $125 | 61 days | 2 nights |
| Feb 2026 | $2,481 | 25.6% | $258 | $89 | 59 days | 2 nights |
| Mar 2026 | $2,886 | 35.9% | $251 | $93 | 55 days | 4.7 nights |
| Apr 2026 | $2,597 | 37.2% | $259 | $87 | 44 days | 10 nights |
| May 2026 | $3,317 | 33.3% | $286 | $107 | 60 days | 4.1 nights |
| Jun 2026 | $8,104 | 54.1% | $335 | $270 | 74 days | 5.4 nights |
| Jul 2026 | $9,493 | 54.5% | $355 | $306 | 95 days | 8 nights |
| Aug 2026 | $7,297 | 44.0% | $338 | $235 | 93 days | 5 nights |
Averages per active listing in each month. Highlighted: the highest-revenue month of the 12. RevPAR is the month's revenue spread over its nights, booked or not. Booking lead time is the days between booking and check-in, and length of stay the nights per booking, for stays in that month.
The typical Banks Township listing earns about $3,400 a month, but one property can land well above or below that. The free Airbnb calculator gives a range for a specific address, built from the comparable listings around it.
Profit
Yes, when it's run well. The average Banks Township Airbnb took in $33,098 in the 12 months to September 2026, and run by its owner at everyday costs, about $1,820 a month of that is left after running costs, so a home that costs less than that to own or rent makes money. A listing in the top quarter leaves about $3,800 a month.
Cleaning it yourself keeps the $3,150 a year guests pay in cleaning fees, for about $2,080 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about $1,570 a month.
These amounts come before housing costs. Where the mortgage or rent is less each month, the difference is profit; a home owned outright keeps it all after property tax, home insurance and any HOA or condo fees.
| Line | Average listing | Top-quarter listing |
|---|---|---|
| Money in | ||
| Nightly bookings | $29,948 | $61,850 |
| Cleaning fees guests pay10% of Banks Township bookings | $3,150 | $6,510 |
| Gross bookings | $33,098 | $68,360 |
| Running costs | ||
| Airbnb's feeAbout 13%: 15.5% for the 80% of Banks Township listings on Simplified Pricing, 3% for the rest | −$4,300 | −$8,890 |
| Cleaning and laundryPaid for by the cleaning fee; $0 if you clean yourself | −$3,150 | −$6,510 |
| Utilities and internetAbout 5% of bookings | −$1,650 | −$3,420 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −$660 | −$1,370 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −$990 | −$2,050 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −$330 | −$330 |
| Permit and registrationWhere one is required | −$170 | −$170 |
| Management$0 when you run it; co-hosts charge from about 10% of nightly bookings | $0 | $0 |
| Pricing and messaging toolsOptional; Airbnb's own tools are free | $0 | $0 |
| Lodging taxesAdded to the guest's bill and passed on | $0 | $0 |
| Total running costsAbout 24% of bookings, plus cleaning paid for by the cleaning fee | −$11,250 | −$22,740 |
| Left for housing costs, then profit | $21,848about $1,820 a month | $45,620about $3,800 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, HOA or condo fees | Depend on the home | |
The estimate starts from Banks Township's average listing, run by its owner. Change how the listing performs, who runs it and who cleans to see what is left for the mortgage or rent.
To work out the profit on one Banks Township home, with its price, its mortgage or rent and your own costs, use the Airbnb profit calculator. It starts from the comparable listings around the address.
What a listing keeps comes down to the figures this page measures: nightly rate, nights booked and the months it's open. A listing at the top-quarter mark takes in about $5,700 a month, against $2,760 for the average one.
Occupancy
Banks Township listings were booked on 36% of the nights they were open over the past year, 4 percentage points below the Michigan average (40%) and 5 points below the U.S. average (41%). In a typical year, occupancy climbs to 56% in July and falls to 32% in February.
The busiest tenth of listings are booked about 4.3 times as often as the bottom quarter.
July is usually the busiest month in Banks Township, February the quietest
Share of open nights booked, by month, September 2024 to August 2026
The 12-month rate of 36% averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Nightly rates
The average nightly rate in Banks Township, known as ADR (average daily rate), was $287 over the past year, about 12% below the Michigan and U.S. averages ($325 and $320). In a typical year, rates peak in July at about $345 and bottom out in November at about $240.
Prices span a wide range: the top 10% charge about 6.1 times the rate of the bottom quarter.
July rates run 44% above November's
Average nightly rate (ADR), by month, September 2024 to August 2026
The 12-month ADR of $287 averages each listing's own rate across its whole year; the monthly points average listings month by month, so the two differ.
RevPAR, or revenue per available night, divides a listing's income by every night it was open to book, so it rises with both price and bookings. In Banks Township it averaged $142 over the past year, from about $85 in a typical December to about $295 in a typical July.
A small group of listings earns several times more per open night than the rest.
July RevPAR is about 3.5 times December's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
Seasonality
With only 35 active listings, the monthly pattern in Banks Township is noisy, since a few long or pricey stays can lift a month; revenue has tended to peak in July and bottom out in December.
Average revenue by month in Banks Township
Average revenue per active listing, each calendar month averaged over the past two years
| Month | Revenue per listing |
|---|---|
| January | $3,320 |
| February | $2,790 |
| March | $3,030 |
| April | $2,830 |
| May | $3,260 |
| June | $7,430 |
| July | $9,130 |
| August | $7,730 |
| September | $4,490 |
| October | $3,970 |
| November | $2,930 |
| December | $2,630 |
Guests book Banks Township stays 62 days ahead on average (about nine weeks), so guests here plan well ahead. July stays are booked furthest out, about 97 days ahead, and March stays closest to arrival, about 39 days. A typical July booking is made in early April.
July stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2024 to August 2026
Permits
None of the 35 active listings in Banks Township display a registration, permit or license number. That doesn't mean no rules apply: some places don't ask hosts to show a number on the listing, and listing data doesn't capture every scheme.
Registration, permit, zoning and occupancy-tax rules vary by address and change often, so confirm them with the city or county before buying or listing in Banks Township.
Neighborhoods
AirROI's area guide picks seven Banks Township neighborhoods that draw short-term rental guests, led by Lake Michigan, Downtown Manistee and Crystal Mountain. The picks reflect guest appeal, not earnings data or permit eligibility, so check local permit rules for a specific address before buying.
| Area | Who it suits | Landmarks nearby |
|---|---|---|
| Lake Michigan | A beautiful stretch of shoreline known for its scenic beauty, recreational opportunities, and family-friendly environment. Ideal for tourists looking to relax by the beach and enjoy water activities. | Public Beaches, Parks and Nature Reserves, Fishing, Kayaking, Boating |
| Downtown Manistee | Historic downtown area featuring charming shops, restaurants, and close proximity to the Manistee River and Lake Michigan. Great for visitors wanting a quaint small-town experience with modern conveniences. | Manistee Riverwalk, Manistee Historical Museum, Rivertown Crossing, Local Cuisine, Annual Events and Festivals |
| Crystal Mountain | A mountainous resort area known for skiing in winter and mountain biking in summer. Attracts outdoor enthusiasts and families looking for adventure and activities year-round. | Ski Slopes, Mountain Biking Trails, Crystal Spa, Golf Course, Year-Round Events |
| Frankfort | Charming coastal town known for its picturesque harbor and beach. Attracts tourists looking for a peaceful getaway with stunning sunset views over Lake Michigan. | Frankfort Beach, Point Betsie Lighthouse, Crystal Lake, Shopping and Dining, Historic Downtown |
| Elberta | A small village near Crystal Lake with breathtaking views and outdoor activities. Perfect for tourists seeking tranquility and nature. | Elberta Beach, Heritage Trail, Local Parks, Scenic Overlooks, Outdoor Recreation |
| Sleeping Bear Dunes National Lakeshore | A stunning natural area featuring towering sand dunes, beautiful beaches, and hiking trails. A must-visit for nature lovers and families looking for adventure. | Dune Climb, Pierce Stocking Scenic Drive, North Manitou Island, Hiking Trails, Beach Access |
| Onekama | A lovely lakeside community known for its access to Lake Michigan and Portage Lake, offering both water activities and a serene environment for visitors. | Portage Lake, Lake Michigan Access, Fishing and Boating, Local Shops, Beach Access |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Every Airbnb in Banks Township is an entire home: all 35 listings rent the whole place. Cabins and other outdoor stays make up 49% of listings, ahead of houses (43%).
Every listing rents the whole place
Banks Township Airbnb listings by room type
Cabins lead the property mix
Banks Township Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| Cabin/Outdoor | 48.6% | 17 |
| House | 42.9% | 15 |
| Apartment/Condo | 8.6% | 3 |
One-bedroom homes are the most common size in Banks Township (33% of entire homes), and 40% have three or more bedrooms. Shares are of the 30 entire homes that give a bedroom count.
Banks Township entire homes by number of bedrooms
Entire homes with each number of bedrooms, of those with a bedroom count on file
| Bedrooms | Share of entire homes with a bedroom count | Entire homes |
|---|---|---|
| 1 bedroom | 33.3% | 10 |
| 2 bedrooms | 26.7% | 8 |
| 3 bedrooms | 30.0% | 9 |
| 4 bedrooms | 10.0% | 3 |
The most common capacity in Banks Township is two guests (31% of listings), and 37% of listings sleep six or more.
Banks Township listings by guest capacity
Share of listings by the number of guests they sleep
| Guest capacity | Share of listings | Listings |
|---|---|---|
| 2 guests | 31.4% | 11 |
| 3 guests | 2.9% | 1 |
| 4 guests | 20.0% | 7 |
| 5 guests | 8.6% | 3 |
| 6 guests | 11.4% | 4 |
| 7 guests | 2.9% | 1 |
| 8+ guests | 22.9% | 8 |
Banks Township hosts set up an average of 2.6 beds per listing, close to one bed per bedroom. Only 14% of listings show their exact location on the listing map; the rest show an approximate area.
Fire pits are close to standard in Banks Township: 80% of listings have one, and 54% offer lake access. Only 46% of listings have air conditioning.
Share of Banks Township listings with each common amenity
Guests
Banks Township draws mostly domestic guests: 98% of those who left reviews live in the United States. No single city dominates: Grand Rapids is the largest source, at about 6% of reviews.
98% of Banks Township guests are domestic
Where guests who left reviews live
Where Banks Township guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| Grand Rapids | 6.4% |
| Chicago | 4.1% |
| Detroit | 4.1% |
| Kalamazoo | 3.7% |
| Traverse City | 2.3% |
Where Banks Township guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| United States | 98.2% |
| Australia | 0.9% |
| United Kingdom | 0.5% |
| Kenya | 0.5% |
Languages spoken by Banks Township guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 79.3% |
| Spanish | 9.2% |
| French | 3.4% |
| German | 2.3% |
| Portuguese | 1.1% |
Banks Township Airbnbs average 4.89 stars, and 63% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on value for money: it scores 4.80, against 4.95 for check-in. Listings here carry long review histories, about 100 reviews each on average.
Check-in scores highest in Banks Township; value is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.89 |
| Cleanliness | 4.84 |
| Communication | 4.94 |
| Location | 4.93 |
| Check-in | 4.95 |
| Value | 4.80 |
Booking patterns
More than eight in ten Banks Township listings are open to guests more than 180 days a year, but only 17% are booked or blocked that many days. The most common booked-or-blocked total is 1 to 30 days a year, covering 34% of listings; blocked nights include any the host closes off.
Days a year Banks Township listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 60.0% | 21 |
| 181-270 days | 22.9% | 8 |
| 91-180 days | 17.1% | 6 |
Days a year Banks Township listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 17.1% | 6 |
| 91-180 days | 22.9% | 8 |
| 31-90 days | 25.7% | 9 |
| 1-30 days | 34.3% | 12 |
The average Banks Township booking lasts 5.2 nights, longest in April and shortest in November. Listings took about 19 bookings each over the year. Nearly nine in ten listings that give a check-in time set it at 4 p.m., with check-out usually at 11 a.m.
Average length of stay by month in Banks Township
Average nights per booking, by month of stay
Two-year average by calendar month.
About two-thirds of listings in Banks Township accept stays of one or two nights.
Minimum stay set by Banks Township listings
Share of listings by the shortest stay they accept, from one night to 30 or more
Firm is the most common cancellation policy in Banks Township, used by 71% of listings; it refunds guests in full only if they cancel at least 30 days before check-in. Hosts here lean strict: more than eight in ten listings use Firm or stricter terms, against 14% on Flexible or Moderate.
Cancellation policies of Banks Township listings, from most to least flexible
Share of listings by the policy they use
Nearly nine in ten Banks Township listings charge a cleaning fee. The typical fee is $100, and some higher fees lift the average to $172. Spread over the average stay of 5.2 nights, that adds roughly $19 a night to what guests pay. For listings that charge one, cleaning fees make up about 10% of gross revenue.
Top earners
The top-grossing Airbnb in Banks Township, a four-bedroom home, took in $215,000 over the past year, about 6.5 times the city's average of $33,100.
Private Lake Michigan Waterfront Log Cabin + Sauna Entire home · 4 bedrooms Rated 5.00
A Frame - Walk to Beach - Hot Tub Entire home · 4 bedrooms Rated 4.97
Fall Open Lake House Pet Wifi Fireplace Beach Entire home · 4 bedrooms Rated 4.96
*Quiet Lakeside Cottage / Sunset View / Fire Pit* Entire home · 3 bedrooms Rated 5.00
Day on the Bay Lake Michigan, 10 min to Torch Lake Entire home · 3 bedrooms Rated 4.91
Serene Lakeside Cottage with Stunning Sunsets Entire home · 3 bedrooms Rated 4.89 Only 3% of Banks Township listings are classed as professionally managed, though 26% of listings have a co-host. 83% of listings are run by Superhosts, so a strong review record is the norm here rather than an edge. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 80% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 26 km, Leelanau Township (21 km away, 53 listings) earned the most per listing, about 45% more than Banks Township. Northport was the busiest, booked on 46% of nights against 36% in Banks Township.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Central Lake 12 km | 48 | $22,654 | $296 | 36% |
| East Jordan 17 km | 53 | $34,125 | $304 | 37% |
| Charlevoix 19 km | 203 | $37,383 | $384 | 35% |
| Eveline Township 20 km | 30 | $27,014 | $438 | 32% |
| Northport 21 km | 48 | $42,321 | $355 | 46% |
| Leelanau Township 21 km | 53 | $47,879 | $462 | 45% |
| Forest Home Township 22 km | 40 | $38,518 | $378 | 38% |
| Bellaire 26 km | 144 | $38,224 | $368 | 36% |
See all 378 Michigan Airbnb markets
Markets elsewhere in the United States with a similar nightly rate and occupancy to Banks Township:
FAQ
An active Banks Township Airbnb grossed $33,098 on average in the 12 months to September 2026, according to AirROI's tracking of 35 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in $7,030 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Banks Township listings earn between $1,230 and $7,030 in a typical month, and the top tenth $11,200 or more. For one home, enter its address and bedroom count in the Airbnb income calculator: it compares the home with similar listings nearby.
Listings in Banks Township were booked on 36% of available nights over the past year. That compares with 40% for the Michigan average. July is usually the busiest month.
The average booked night in Banks Township cost $287 before fees. Half of listings charge between $105 and $425, so bedroom count and location move the price more than the average suggests.
None of the active Banks Township listings display a registration, permit or license number. That doesn't mean no rules apply, so confirm registration, permit and occupancy-tax rules with the city or county before buying.
Yes, when it's run well. The average Banks Township Airbnb grossed $33,098 in the 12 months to September 2026, in line with the Michigan average. Run by its owner, with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, $21,848 a year (about $1,820 a month) is left before the mortgage or rent. A home that costs less than that to own or rent makes a profit, and a listing at the top-quarter mark leaves about $3,800 a month. Check a specific home in the Airbnb calculator.
July usually pays best, averaging $9,130 per active listing over the past two years, and December usually pays least. The month-by-month table above shows how the latest 12 months played out.
Each night a Banks Township listing was open to book earned $142 on average over the past year, booked or not. That figure, revenue per available night (RevPAR), folds price and occupancy into one number; the top 10% of listings made $352 or more.
Banks Township stays were booked 62 days (about nine weeks) before arrival on average over the past year, so a listing that opens its calendar late misses many bookings.
The average Banks Township Airbnb stay lasted 5.2 nights over the past year. A listing took 19 reservations over the year on average.
Guests rate Banks Township Airbnbs 4.89 out of 5 on average. Guests score check-in highest and value lowest.
Lake Michigan, Downtown Manistee and Crystal Mountain draw the most short-term rental interest in Banks Township. The neighborhood guide explains what brings guests to each.
AirROI counted 35 active Airbnb listings in Banks Township as of September 2026. The closest tracked market is Central Lake, 12 km away.
In Banks Township, nearly nine in ten listings add a cleaning fee. The median fee is $100, and some higher fees lift the average to $172.
Method
Figures on this page cover 35 active Airbnb listings in Banks Township from October 2025 to September 2026 (trailing twelve months). AirROI refreshes them monthly from listing-level booking and calendar data covering 20+ million properties worldwide. Money figures are in U.S. dollars. Annual revenue averages every listing active during the period, including those listed for only part of it; monthly figures average the listings active in each month; the tier lists show the spread. Neighborhood descriptions are AI-assisted. See the methodology for definitions.
Need this programmatically? The same metrics are available through the AirROI Airbnb Data API and bulk downloads in the data portal.