Fernwood Elkhart Lakefront: hot tub, pier, kayaks Entire home · 3 bedrooms Rated 4.97 - Revenue
- $132,548
- Occupancy
- 52.4%
- Daily rate
- $588
Airbnb market data · 202612 months to September 2026
The average Airbnb in Elkhart Lake brought in $25,798 over the 12 months through September 2026, about 22% less than the Wisconsin average of $33,105.
The short answer
Bookings in Elkhart Lake trail the Wisconsin average, at prices about 8% higher. Listings averaged $351 a night and were booked on 30% of available nights, against $325 and 38% for the Wisconsin average.
Timing matters: in July, usually the best month, the average listing earns about 5.5 times as much as in February, usually the slowest.
With 75 active listings, Elkhart Lake is the 31st-largest of 215 Wisconsin markets AirROI tracks. From a year earlier, average revenue fell 9% while the number of active listings grew 53%.
Browse the live Elkhart Lake Airbnb market See Every Elkhart Lake ListingRevenue
Gross bookings per Elkhart Lake listing averaged $25,798 over the 12 months to September 2026 (Wisconsin average: $33,105), before cleaning, platform and management costs and taxes.
In a typical year, the average Elkhart Lake listing brings in $7,710 in July, its best month, and $1,400 in February, its slowest. The three strongest months bring in 47% 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 3.3 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 5.5 times what February 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 | $3,087 | 27.4% | $369 | $103 | 74 days | 3.2 nights |
| Oct 2025 | $3,176 | 30.5% | $350 | $102 | 59 days | 2.7 nights |
| Nov 2025 | $2,796 | 29.6% | $336 | $93 | 43 days | 5.8 nights |
| Dec 2025 | $1,705 | 18.3% | $335 | $55 | 24 days | 2.9 nights |
| Jan 2026 | $1,259 | 12.5% | $329 | $41 | 21 days | 2.4 nights |
| Feb 2026 | $1,380 | 17.1% | $322 | $49 | 31 days | 3.3 nights |
| Mar 2026 | $1,672 | 16.9% | $323 | $54 | 44 days | 2.5 nights |
| Apr 2026 | $1,496 | 19.4% | $327 | $50 | 56 days | 4.2 nights |
| May 2026 | $3,193 | 27.2% | $390 | $103 | 76 days | 3.1 nights |
| Jun 2026 | $5,142 | 39.7% | $374 | $171 | 107 days | 3 nights |
| Jul 2026 | $8,101 | 49.8% | $397 | $261 | 123 days | 3.5 nights |
| Aug 2026 | $5,696 | 39.5% | $382 | $184 | 94 days | 3 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.
For a figure on one home rather than the whole Elkhart Lake market, enter its address and size in the Airbnb estimator, which compares it with similar listings nearby.
Profit
Yes, when it's run well. The average Elkhart Lake Airbnb took in $25,798 in the 12 months to September 2026, and run by its owner at everyday costs, about $1,340 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 $2,520 a month.
Cleaning it yourself keeps the $3,010 a year guests pay in cleaning fees, for about $1,590 a month. Handing the listing to a co-host at about 10% of nightly bookings still leaves about $1,150 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 | $22,788 | $42,310 |
| Cleaning fees guests pay12% of Elkhart Lake bookings | $3,010 | $5,580 |
| Gross bookings | $25,798 | $47,890 |
| Running costs | ||
| Airbnb's feeAbout 14%: 15.5% for the 91% of Elkhart Lake listings on Simplified Pricing, 3% for the rest | −$3,700 | −$6,860 |
| Cleaning and laundryPaid for by the cleaning fee; $0 if you clean yourself | −$3,010 | −$5,580 |
| Utilities and internetAbout 5% of bookings | −$1,290 | −$2,390 |
| Guest suppliesToiletries, coffee, paper goods: about 2% | −$520 | −$960 |
| Repairs and upkeepIncluding linens and small replacements: about 3% | −$770 | −$1,440 |
| Short-term rental insuranceOne policy, on top of Airbnb's free AirCover | −$260 | −$260 |
| Permit and registrationWhere one is required | −$130 | −$130 |
| 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 26% of bookings, plus cleaning paid for by the cleaning fee | −$9,680 | −$17,620 |
| Left for housing costs, then profit | $16,118about $1,340 a month | $30,270about $2,520 a month |
| Housing costs | ||
| Mortgage or rent, property tax, home insurance, HOA or condo fees | Depend on the home | |
The estimate starts from Elkhart Lake'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 Elkhart Lake 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 $3,990 a month, against $2,150 for the average one.
Occupancy
Elkhart Lake listings were booked on 30% of the nights they were open over the past year, 8 percentage points below the Wisconsin average (38%) and 11 points below the U.S. average (41%). In a typical year, occupancy swings from 15% in January to 51% in July.
The busiest tenth of listings are booked about four times as often as the bottom quarter.
July is usually the busiest month in Elkhart Lake, January the quietest
Share of open nights booked, by month, September 2024 to August 2026
The 12-month rate of 30% 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 Elkhart Lake, known as ADR (average daily rate), was $351 over the past year, about 8% above the Wisconsin and U.S. averages ($325 and $320). In a typical year, rates peak in July at about $395 and bottom out in February and March at about $320.
Prices span a wide range: the top 10% charge about 3.6 times the rate of the bottom quarter.
July rates run 24% above February's
Average nightly rate (ADR), by month, September 2024 to August 2026
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 Elkhart Lake it averaged $126 over the past year, from about $48 in a typical January to about $249 in a typical July.
Per open night, by tier:
July RevPAR is about 5.1 times January's
Revenue per open night (RevPAR), by month, September 2024 to August 2026
The 12-month RevPAR of $126 averages each listing's whole year, slow months included; each month here counts only the listings booked in it.
Seasonality
Elkhart Lake has one high season, June through August, which makes it a highly seasonal market. Business is slowest from November to May. A listing earns about 3.7 times as much a month in June through August as in December through February.
Average revenue by month in Elkhart Lake
Average revenue per active listing, each calendar month averaged over the past two years
| Month | Season | Revenue per listing |
|---|---|---|
| January | Low season | $1,500 |
| February | Low season | $1,400 |
| March | Low season | $1,890 |
| April | Low season | $1,850 |
| May | Low season | $2,880 |
| June | High season | $4,780 |
| July | High season | $7,710 |
| August | High season | $5,660 |
| September | Shoulder season | $3,220 |
| October | Shoulder season | $3,050 |
| November | Low season | $2,650 |
| December | Low season | $2,000 |
| Season | Revenue per month | Occupancy | Nightly rate |
|---|---|---|---|
| High seasonJune–August | $6,050 | 43% | $387 |
| Shoulder seasonSeptember–October | $3,130 | 30% | $359 |
| Low seasonNovember–May | $2,020 | 20% | $337 |
Guests book Elkhart Lake stays 80 days ahead on average (about two and a half months), so guests here plan well ahead. July stays are booked furthest out, about 119 days ahead, and January stays closest to arrival, about 16 days. A typical July booking is made in mid-March.
July stays are booked furthest ahead
Average days between booking and check-in, by month of stay, September 2024 to August 2026
The 12-month figure of 80 days averages each listing's year as a whole; each month here averages only the listings with stays in it.
Permits
None of the 75 active listings in Elkhart Lake 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 Elkhart Lake.
Neighborhoods
AirROI's area guide picks seven Elkhart Lake neighborhoods that draw short-term rental guests, led by Elkhart Lake Village, Road America and Lake Michigan Shoreline. 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 |
|---|---|---|
| Elkhart Lake Village | Charming village known for its picturesque lake and resort community. Attracts visitors for a relaxing getaway with a focus on nature and tranquility. | Elkhart Lake, Road America, Crystal Lake, Village Park, Elkhart Lake Historic District |
| Road America | Famous motorsports racetrack that hosts various racing events. Extremely popular among racing enthusiasts and sports fans, providing unique lodging opportunities during events. | Road America racetrack, Motorsport events, Camping, Car shows, Racing experiences |
| Lake Michigan Shoreline | Scenic shoreline offering stunning views of Lake Michigan. Ideal for those seeking a lakeside vacation with activities like fishing, boating, and beach outings. | Lake Michigan, Public beaches, Fishing spots, Boat rentals, Scenic viewpoints |
| Pine Crest | Quaint community located nearby, known for its beautiful landscapes and outdoor activities. Perfect for families and outdoor lovers looking for a peaceful retreat. | Nature trails, Parks, Hiking, Camping spots, Wildlife viewing |
| Blue Lake | Serene area with a smaller lake and community feel. Great for families who want a quieter vacation experience close to nature and recreational activities. | Blue Lake, Kayaking, Fishing, Picnic areas, Nature trails |
| Whistling Straits | World-renowned golf course which hosts major tournaments. Attracts golf enthusiasts and those seeking luxury vacation experiences. | Whistling Straits Golf Course, Golf tournaments, Clubhouse dining, Scenic walks, Pro shop |
| Kettle Moraine State Forest | Located just a short drive away, this state forest offers hiking, biking, and nature experiences, attracting adventure seekers and outdoor aficionados. | Kettle Moraine trails, Camping areas, Bird watching, Nature photography, Scenic views |
Area descriptions are AI-assisted from public sources and are not checked against zoning.
Listings
Entire homes make up 76% of listings in Elkhart Lake, alongside 18 private-room listings (24%). Houses are the most common property type at 44%, about 1.5 times the share of apartments and condos (29%).
Mostly entire homes, with a private-room segment
Elkhart Lake Airbnb listings by room type
| Room type | Share of listings | Listings |
|---|---|---|
| Entire home | 76.0% | 57 |
| Private room | 24.0% | 18 |
Listings by property type
Elkhart Lake Airbnb listings by property type
| Property type | Share of listings | Listings |
|---|---|---|
| House | 44.0% | 33 |
| Apartment/Condo | 29.3% | 22 |
| Hotel/Boutique | 24.0% | 18 |
| Others | 2.7% | 2 |
Most Elkhart Lake homes are built for groups: 60% of entire homes have three or more bedrooms, and four-bedroom homes are the most common size (29%). Shares are of the 52 entire homes that give a bedroom count; rented rooms are left out.
Elkhart Lake 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 | 15.4% | 8 |
| 2 bedrooms | 25.0% | 13 |
| 3 bedrooms | 19.2% | 10 |
| 4 bedrooms | 28.8% | 15 |
| 5+ bedrooms | 11.5% | 6 |
A typical two-bedroom home in Elkhart Lake earned $17,500 over the past year, against $32,500 for a four-bedroom home.
| Home size | Listings | Typical annual revenue (median) | Average annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|---|
| 2 bedrooms | 13 | $17,500 | $16,700 | $288 | 34% |
| 3 bedrooms | 10 | $30,800 | $46,100 | $400 | 43% |
| 4 bedrooms | 15 | $32,500 | $33,200 | $509 | 34% |
Elkhart Lake is a group-trip market: 35% of listings sleep eight or more guests, about 1.7 times the share of the next most common size, two guests (20%).
Elkhart Lake listings by guest capacity
Share of listings by the number of guests they sleep
| Guest capacity | Share of listings | Listings |
|---|---|---|
| 2 guests | 20.0% | 15 |
| 3 guests | 2.7% | 2 |
| 4 guests | 18.7% | 14 |
| 5 guests | 5.3% | 4 |
| 6 guests | 13.3% | 10 |
| 7 guests | 5.3% | 4 |
| 8+ guests | 34.7% | 26 |
Elkhart Lake hosts set up an average of 3.7 beds per listing. Only 39% of listings show their exact location on the listing map; the rest show an approximate area.
Lake access is common in Elkhart Lake: 48% of listings offer it, and 68% offer self check-in.
Share of Elkhart Lake listings with each common amenity
Guests
Elkhart Lake draws mostly domestic guests: 96% of those who left reviews live in the United States. No single city dominates: Chicago is the largest source, at about 8% of reviews.
96% of Elkhart Lake guests are domestic
Where guests who left reviews live
Where Elkhart Lake guests come from: top cities
Share of guests who left reviews
| Origin city | Share of guests |
|---|---|
| Chicago | 7.7% |
| Milwaukee | 2.7% |
| Salt Lake City | 1.5% |
| Indianapolis | 1.5% |
| San Jose | 1.5% |
Where Elkhart Lake guests come from: top countries
Share of guests who left reviews
| Origin country | Share of guests |
|---|---|
| United States | 96.2% |
| Canada | 1.1% |
| Argentina | 0.4% |
| Spain | 0.4% |
| New Zealand | 0.4% |
Languages spoken by Elkhart Lake guests
Share of guests who left reviews
| Language | Share of guests |
|---|---|
| English | 68.6% |
| Spanish | 8.8% |
| German | 5.9% |
| Italian | 3.9% |
| French | 2.9% |
Elkhart Lake Airbnbs average 4.88 stars, and 56% of listings hold Airbnb's Guest Favorite badge. Guests are toughest on value for money: it scores 4.78, against 4.97 for location.
Location scores highest in Elkhart Lake; value is lowest
Average guest rating out of 5 by category; the bars start at 4.0
| Category | Average rating (out of 5) |
|---|---|
| Accuracy | 4.92 |
| Cleanliness | 4.92 |
| Communication | 4.91 |
| Location | 4.97 |
| Check-in | 4.93 |
| Value | 4.78 |
Booking patterns
Nearly all Elkhart Lake listings are open to guests more than 180 days a year, but only 1% are booked or blocked that many days. The most common booked-or-blocked total is 31 to 90 days a year, covering 51% of listings; blocked nights include any the host closes off.
Days a year Elkhart Lake listings are open to guests
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 271-366 days | 78.7% | 59 |
| 181-270 days | 20.0% | 15 |
| 91-180 days | 1.3% | 1 |
Days a year Elkhart Lake listings are booked or blocked
Share of listings by days a year
| Days a year | Share of listings | Listings |
|---|---|---|
| 181-270 days | 1.3% | 1 |
| 91-180 days | 24.0% | 18 |
| 31-90 days | 50.7% | 38 |
| 1-30 days | 24.0% | 18 |
The average Elkhart Lake booking lasts 3.4 nights, longest in November and shortest in December. Listings took about 17 bookings each over the year, some 1,240 in all. About two-thirds of listings that give a check-in time set it at 3 p.m., with check-out usually at 11 a.m.
Average length of stay by month in Elkhart Lake
Average nights per booking, by month of stay
Two-year average by calendar month.
85% of listings in Elkhart Lake accept stays of one or two nights.
Minimum stay set by Elkhart Lake 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 Elkhart Lake, used by 45% of listings; it refunds guests in full only if they cancel at least 30 days before check-in. Hosts here lean strict: about two-thirds of listings use Firm or stricter terms, against 32% on Flexible or Moderate.
Cancellation policies of Elkhart Lake listings, from most to least flexible
Share of listings by the policy they use
About eight in ten Elkhart Lake listings charge a cleaning fee. The typical fee is about $143. Spread over the average stay of 3.4 nights, that adds roughly $40 a night to what guests pay. For listings that charge one, cleaning fees make up about 12% of gross revenue.
Top earners
The top-grossing Airbnb in Elkhart Lake, a three-bedroom home, took in $133,000 over the past year, about 5.1 times the city's average of $25,800. Three of the six listings below have five or more bedrooms; the other three have three and four bedrooms.
Fernwood Elkhart Lakefront: hot tub, pier, kayaks Entire home · 3 bedrooms Rated 4.97
Lakefront Condo, Private Beach/Pool, Walk to Town Entire home · 3 bedrooms Rated 4.96
Villa von Baumbach - Trade Screens for Stories Entire home · 6 bedrooms Rated 5.00
Lakefront Cottage on Elkhart Lake Entire home · 8 bedrooms Rated 5.00
Lakeside 4 Bed 4 bath Home Entire home · 4 bedrooms Rated 5.00
Great 5 Bedroom Downtown- walk to lake Entire home · 5 bedrooms Rated 4.88 Professional management companies run a quarter of Elkhart Lake listings and owners run the rest. Superhosts run 47% of listings. Airbnb's Simplified Pricing, where the host pays the whole service fee and guests see one price with no separate Airbnb charge, covers 91% of listings.
Nearby markets
Of the eight nearby markets in the table, all within 53 km, Plymouth (8 km away, 37 listings) earned the most per listing, about 49% more than Elkhart Lake. Port Washington was the busiest, booked on 45% of nights against 30% in Elkhart Lake.
| Market | Listings | Avg. annual revenue | Avg. nightly rate | Occupancy |
|---|---|---|---|---|
| Plymouth 8 km | 37 | $38,347 | $496 | 42% |
| Sheboygan 26 km | 218 | $33,571 | $284 | 43% |
| Fond du Lac 34 km | 34 | $20,231 | $305 | 39% |
| Manitowoc 40 km | 47 | $21,885 | $208 | 40% |
| Oshkosh 48 km | 325 | $17,254 | $394 | 32% |
| Port Washington 51 km | 43 | $28,869 | $203 | 45% |
| Two Rivers 51 km | 42 | $35,803 | $263 | 44% |
| Neenah 53 km | 56 | $15,313 | $318 | 35% |
See all 215 Wisconsin Airbnb markets
Markets elsewhere in the United States with a similar nightly rate and occupancy to Elkhart Lake:
FAQ
An active Elkhart Lake Airbnb grossed $25,798 on average in the 12 months to September 2026, according to AirROI's tracking of 75 active listings. That is before cleaning, management, taxes and financing. Busier, better-run listings do far better: the top quarter took in $4,130 or more in a typical month.
It depends most on the home's size, location and how it's run. The middle half of Elkhart Lake listings earn between $1,250 and $4,130 in a typical month, and the top tenth $6,880 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 Elkhart Lake were booked on 30% of available nights over the past year. That compares with 38% for the Wisconsin average. July is usually the busiest month.
The average booked night in Elkhart Lake cost $351 before fees. Half of listings charge between $185 and $425, so bedroom count and location move the price more than the average suggests.
None of the active Elkhart Lake 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 Elkhart Lake Airbnb grossed $25,798 in the 12 months to September 2026, 22% below the Wisconsin average of $33,105. Run by its owner, with the cleaning fee covering the cleaner and everyday costs for Airbnb's fee, utilities, supplies, upkeep and insurance, $16,118 a year (about $1,340 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 $2,520 a month. Check a specific home in the Airbnb calculator.
July usually pays best, averaging $7,710 per active listing over the past two years, and February usually pays least. The month-by-month table above shows how the latest 12 months played out.
Each night a Elkhart Lake listing was open to book earned $126 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 $255 or more.
Elkhart Lake stays were booked 80 days (about two and a half months) before arrival on average over the past year, so a listing that opens its calendar late misses many bookings.
The average Elkhart Lake Airbnb stay lasted 3.4 nights over the past year. A listing took 17 reservations over the year on average.
Guests rate Elkhart Lake Airbnbs 4.88 out of 5 on average. Guests score location highest and value lowest.
Elkhart Lake Village, Road America and Lake Michigan Shoreline draw the most short-term rental interest in Elkhart Lake. The neighborhood guide explains what brings guests to each.
AirROI counted 75 active Airbnb listings in Elkhart Lake as of September 2026. The closest tracked market is Plymouth, 8 km away.
In Elkhart Lake, about eight in ten listings add a cleaning fee, and the typical fee is about $143.
Method
Figures on this page cover 75 active Airbnb listings in Elkhart Lake 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.