Elkhart Lake Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Wisconsin, United States
Is Airbnb profitable in Elkhart Lake in 2025? Explore comprehensive Airbnb analytics for Elkhart Lake, Wisconsin, United States to uncover income potential. This 2025 STR market report for Elkhart Lake, based on AirROI data from June 2024 to May 2025, reveals key trends in the niche market of 48 active listings.
Whether you're considering an Airbnb investment in Elkhart Lake, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Elkhart Lake Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Elkhart Lake Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Elkhart Lake (2025)
Understanding the monthly revenue variations for Airbnb listings in Elkhart Lake is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Elkhart Lake is typically August, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Elkhart Lake across different performance tiers:
- Best-in-class properties (Top 10%) achieve $6,859+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $4,029 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,279 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,205, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Elkhart Lake
Elkhart Lake Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Elkhart Lake STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while February experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Elkhart Lake:
- Best-in-class properties (Top 10%) achieve 54%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 38% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 25%.
- Entry-level properties (Bottom 25%) average 15% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Elkhart Lake
Average Daily Rate (ADR) Airbnb Trends in Elkhart Lake (2025)
Effective short term rental pricing strategy in Elkhart Lake involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Elkhart Lake typically peaks in May and dips lowest during December. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $605+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $450 or more.
- Typical properties (Median) charge around $307 per night.
- Entry-level properties (Bottom 25%) earn around $209 per night.
Average Daily Rate (ADR) Trend by Month in Elkhart Lake
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Airbnb Seasonality Analysis & Trends in Elkhart Lake (2025)
Peak Season (August, July, June)
- Revenue averages $5,274 per month
- Occupancy rates average 46.2%
- Daily rates average $392
Shoulder Season
- Revenue averages $2,674 per month
- Occupancy maintains around 25.7%
- Daily rates hold near $394
Low Season (January, February, December)
- Revenue drops to average $1,914 per month
- Occupancy decreases to average 17.7%
- Daily rates adjust to average $364
Seasonality Insights for Elkhart Lake
- The Airbnb seasonality in Elkhart Lake shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Elkhart Lake's highest earning potential, with monthly revenues capable of climbing to $6,605, occupancy reaching a high of 53.7%, and ADRs peaking at $443.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,589, occupancy could drop to 15.0%, and ADRs may adjust down to $353.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Elkhart Lake.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Elkhart Lake seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Elkhart Lake (2025)
Exploring the top neighborhoods for short-term rentals in Elkhart Lake? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| 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 |
| Fond du Lac | Nearby city offering additional amenities and attractions for visitors, including shopping, dining, and cultural experiences. Acts as a hub for those exploring the Elkhart Lake area. | Lakeside Park, Holyland Area, Fond du Lac County Historical Society, Shopping centers, Local dining options |
| 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 |
Understanding Airbnb License Requirements & STR Laws in Elkhart Lake (2025)
While Elkhart Lake, Wisconsin, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Elkhart Lake to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in Elkhart Lake (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Elkhart Lakebased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Pristine and Historical Lakefront Home
Entire Place • 6 bedrooms
Lakefront Cottage on Elkhart Lake
Entire Place • 8 bedrooms
Parker House - Elkhart Lake, WI
Entire Place • 5 bedrooms
Spacious Lakefront Home, Private Pier
Entire Place • 3 bedrooms
Wander Back Inn to Elkhart Lake
Entire Place • 4 bedrooms
Road America Treasure @ Elkhart Lake - 4 bedrooms
Entire Place • 4 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Elkhart Lake (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Elkhart Lake based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Evolve | 6 | $149,971 | 168 | 4.81/5.0 |
| Deirdre | 1 | $101,257 | 37 | 5.00/5.0 |
| Lisa | 3 | $98,857 | 91 | 4.93/5.0 |
| Carrie | 1 | $83,798 | 7 | 5.00/5.0 |
| Dan And Angie | 1 | $83,688 | 7 | 5.00/5.0 |
| Catie | 1 | $70,760 | 80 | 4.98/5.0 |
| Karlee | 1 | $69,941 | 37 | 5.00/5.0 |
| Wendy | 1 | $56,976 | 22 | 5.00/5.0 |
| Cheryl | 1 | $56,106 | 5 | 5.00/5.0 |
| Luke | 2 | $45,848 | 22 | 4.96/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Elkhart Lake.
Dive Deeper: Advanced Elkhart Lake STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Elkhart Lake. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsElkhart Lake Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Elkhart Lake
- The Elkhart Lake Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 95.8% of the 48 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Elkhart Lake, House properties are the most common (54.2%), reflecting the local real estate landscape.
- Houses represent a significant 54.2% portion, catering likely to families or larger groups.
- Smaller segments like others, hotel/boutique (combined 6.3%) offer potential for unique stay experiences.
Elkhart Lake Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Elkhart Lake
- The dominant room capacity in Elkhart Lake is 3 bedrooms listings, making up 20.8% of the market. This suggests a strong demand for properties suitable for families or small groups.
- Together, 3 bedrooms and 2 bedrooms properties represent 41.6% of the active Airbnb listings in Elkhart Lake, indicating a high concentration in these sizes.
- A significant 50.0% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Elkhart Lake.
Elkhart Lake Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Elkhart Lake
- The most common guest capacity trend in Elkhart Lake vacation rentals is listings accommodating 8+ guests (39.6%). This suggests the primary traveler segment is likely larger groups.
- Properties designed for 8+ guests and 4 guests dominate the Elkhart Lake STR market, accounting for 62.5% of listings.
- 56.3% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Elkhart Lake.
- On average, properties in Elkhart Lake are equipped to host 5.8 guests.
Elkhart Lake Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Elkhart Lake
- The most common availability pattern in Elkhart Lake falls within the 271-366 days range, representing 75% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 95.8% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 31-90 days range is most frequent in Elkhart Lake (54.2%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 4.2% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Elkhart Lake Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
9 listings
19.1% of total
2 Nights
26 listings
55.3% of total
3 Nights
3 listings
6.4% of total
4-6 Nights
3 listings
6.4% of total
30+ Nights
6 listings
12.8% of total
Key Insights
- The most prevalent minimum stay requirement in Elkhart Lake is 2 Nights, adopted by 55.3% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (74.4%) of the Elkhart Lake Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
- A significant segment (12.8%) caters to monthly stays (30+ nights) in Elkhart Lake, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 55.3% of Elkhart Lake hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 19.1% currently do.
- A 2-night minimum appears standard (55.3%). Consider this for weekends or peak periods.
- Explore offering discounts for stays of 30+ nights to attract the 12.8% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Elkhart Lake.
Elkhart Lake Airbnb Cancellation Policy Trends Analysis (2025)
Super Strict 60 Days
1 listings
2.2% of total
Super Strict 30 Days
3 listings
6.7% of total
Flexible
4 listings
8.9% of total
Moderate
6 listings
13.3% of total
Firm
10 listings
22.2% of total
Strict
21 listings
46.7% of total
Cancellation Policy Insights for Elkhart Lake
- The prevailing Airbnb cancellation policy trend in Elkhart Lake is Strict, used by 46.7% of listings.
- A majority (68.9%) of hosts in Elkhart Lake utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 46.7% market standard in Elkhart Lake.
- With 46.7% using Strict terms, this is a viable option in Elkhart Lake, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in Elkhart Lake.
Elkhart Lake STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Elkhart Lake
- The overall average booking lead time for vacation rentals in Elkhart Lake is 74 days.
- Guests book furthest in advance for stays during June (average 143 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 13 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (119 days avg.) sees the longest lead times, while Winter (18 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (74 days) as a baseline for your pricing and availability strategy in Elkhart Lake.
- For June stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 143 days out to capitalize on advance planning.
- During January, focus on last-minute booking availability and promotions, as guests book with very short notice (13 days avg.).
- Target marketing efforts for the Summer season well in advance (at least 119 days) to capture early planners.
- Monitor your own booking lead times against these Elkhart Lake averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Elkhart Lake (2025)
Amenity Prevalence
Amenity Insights for Elkhart Lake
- Essential amenities in Elkhart Lake that guests expect include: Heating, Smoke alarm, Air conditioning, Wifi, TV. Lacking these (any) could significantly impact bookings.
- Popular amenities like Essentials, Kitchen, Hot water are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Elkhart Lake: Heating, Smoke alarm, Air conditioning, Wifi, TV.
- Prioritize adding missing essentials: Air conditioning, Wifi, TV.
- Consider adding popular differentiators like Essentials or Kitchen to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Elkhart Lake to stay competitive.
Elkhart Lake Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Elkhart Lake
- The typical guest profile for Airbnb in Elkhart Lake consists of primarily domestic travelers (98%), often arriving from nearby Chicago, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 97.6% of guests.
- Key international markets include United States (97.6%) and Canada (1.9%).
- Top languages spoken are English (81.4%) followed by Spanish (8.1%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Chicago and Milwaukee.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Elkhart Lake Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Town of Sugar Creek | 18 | $8,336 | $646.21 | 48% |
| Twin Lakes | 27 | $6,230 | $526.91 | 42% |
| Monona | 33 | $5,577 | $488.94 | 51% |
| Town of Wilson | 14 | $5,204 | $569.48 | 36% |
| Town of Nasewaupee | 33 | $5,152 | $373.81 | 51% |
| Town of Holland | 15 | $4,609 | $422.36 | 52% |
| Summit | 10 | $4,551 | $484.55 | 37% |
| Lake Geneva | 185 | $4,232 | $418.72 | 41% |
| Lake Villa | 10 | $4,098 | $301.18 | 56% |
| Town of Newton | 10 | $3,988 | $732.17 | 38% |