Ohio's Premier Airbnb Investment Markets

Are you an Airbnb investor looking for the next promising market in Ohio? This comprehensive guide highlights top markets based on return on investment (ROI), average daily rates (ADR), occupancy rates, market size, and average Airbnb property price. From bustling cities to charming small towns, we provide detailed financial insights to help you make well-informed investment decisions. Whether you're a seasoned investor or just starting, this guide is a valuable resource for maximizing your Airbnb investment returns in Ohio.

Awning's Top Airbnb Market tool simplifies the process of finding the top-notch Airbnb markets across the United States. With monthly updates, this comprehensive tool offers rankings and direct links to the Airbnb data of each market, equipping you with valuable insights.

So, here's a glance at the top Airbnb markets in Ohio:

1. Nelsonville, OH - Best for high ROI and low market competition
2. Laurelville, OH - Best for a diverse mix of business and leisure travelers
3. Cleveland, OH - Best for large market size and thriving tourism
4. Ashtabula, OH - Best for lakeside retreats and waterfront appeal
5. Logan, OH - Best for outdoor enthusiasts and high ADR
6. Geneva, OH - Best for a large potential customer base
7. Cincinnati, OH - Best for growth potential
8. Huron, OH - Best for location near tourist attractions
9. Wilmington, OH - Best for high ROI in a small market
10. South Bloomingville, OH - Best for close proximity to a major tourist destination

1. Nelsonville, OH

Nelsonville, OH is a hidden gem for Airbnb investors looking for a profitable short-term rental market. Located near Hocking Hills State Park and Ohio University, this city attracts tourists and visitors year-round, making it an ideal location for Airbnb rentals. The city's small market size of only 62 Airbnbs ensures that investors can easily stand out and attract guests.

Nelsonville, Ohio, presents an enticing opportunity for investors looking to thrive in the short-term rental market. Its strategic location, nestled close to Hocking Hills State Park and Ohio University, ensures a steady influx of tourists and visitors throughout the year.

Returns that Tell a Story

Investing in Nelsonville boasts a remarkable ROI of 15%, translating to an estimated annual revenue of $29,000. The city's average Airbnb price stands at a welcoming $150,000, making it an affordable entry point for investors. With an ADR of $155 and a comfortable occupancy rate of 46%, the financial outlook for Nelsonville is promising.

Outdoor Paradise and Academic Appeal

Nelsonville's investment appeal rests on two key pillars:

• Natural Wonders: Hocking Hills State Park, renowned for its stunning landscapes, hiking trails, and outdoor adventures, beckons nature enthusiasts year-round. Your short-term rental property in Nelsonville can serve as a cozy basecamp for park visitors.
• Academic Hub: Home to Ohio University, Nelsonville enjoys a steady stream of academic travelers, from prospective students and their families to visiting faculty. This academic appeal ensures a reliable flow of guests.

Strategies for Success

To unlock the full potential of your investment in Nelsonville, consider these strategies:

1. Tailored Amenities: Customize your property's amenities to cater to both adventure-seekers and academics. Think hiking gear storage, a peaceful study nook, or a relaxing outdoor space.
2. Year-Round Appeal: Market your property as a year-round destination, highlighting seasonal attractions and events to attract visitors throughout every season.
3. Local Partnerships: Collaborate with local adventure outfitters, tour guides, and the university to offer unique packages or discounts for your guests.

Investors who would do well in this market are those who are looking for a low-risk investment with high returns. Nelsonville's small market size ensures that investors can easily stand out and attract guests, while the city's proximity to popular tourist destinations ensures a steady stream of visitors year-round. Overall, Nelsonville, OH is a promising market for Airbnb investors looking to make a profitable investment in the short-term rental market.

Nelsonville, with its proximity to the breathtaking Hocking Hills State Park and the academic charm of Ohio University, invites investors to embark on an adventure of their own. By investing in the short-term rental market here, you're not just providing accommodation; you're becoming a part of Nelsonville's diverse tapestry of visitors. Whether they come to explore the great outdoors, pursue academic endeavors, or simply unwind, your property can be their home away from home. Nelsonville's ROI potential, coupled with its unique blend of nature and academia, makes it a destination where investment and adventure harmoniously coexist.

2. Laurelville, OH

Laurelville, Ohio is where the beauty of Hocking Hills State Park and the charm of a small town combine to create an alluring investment opportunity in the short-term rental market. This hidden gem has immense potential for investors seeking a slice of tranquility and adventure.

Returns That Reflect the Beauty

Investing in Laurelville promises a robust ROI of 14%, translating to an estimated annual revenue of $39,000. The average Airbnb price in this idyllic town is an approachable $209,000. With an ADR of $199 and an impressive occupancy rate of 67%, Laurelville offers an appealing financial landscape for investors.

Nature's Playground and Small-Town Charm

Laurelville's investment appeal centers around two pillars:

• Outdoor Wonderland: Hocking Hills State Park, renowned for its lush forests, striking rock formations, and numerous hiking trails, is just a stone's throw away. Outdoor enthusiasts flock here throughout the year, creating a reliable stream of visitors for your rental property.
• Charming Retreat: Laurelville's small-town atmosphere, complete with historic buildings and friendly locals, offers a peaceful retreat for those looking to escape the hustle and bustle of city life. It's an ideal setting for guests seeking relaxation and a taste of rural life.

Strategies for Success

To make the most of your investment in Laurelville, consider these strategies:

1. Nature-Centric Amenities: Equip your property with hiking gear, outdoor seating, or a cozy fireplace, emphasizing the connection to nature.
2. Local Partnerships: Collaborate with nearby adventure guides, offer guided hikes, or provide information on the best trails and hidden gems in the area.
3. Themed Experiences: Curate themed packages for guests, such as "Romantic Retreats" or "Adventure Escapes," to cater to different traveler preferences.

Laurelville, with its proximity to the mesmerizing Hocking Hills State Park and the allure of a charming small town, invites investors to become a part of its unique narrative. By investing in the short-term rental market here, you're not merely offering accommodation; you're providing an experience, one where guests can connect with nature, explore the town's history, and unwind in a peaceful setting. Laurelville's financial potential, combined with its blend of natural beauty and small-town charm, makes it an investment destination where tranquility and adventure coexist harmoniously. In Laurelville, every guest becomes a part of the town's story, and your investment property can be their chapter.

3. Cleveland, OH

Nestled on the shores of Lake Erie, Cleveland, Ohio, offers an exciting prospect for investors seeking to capitalize on the short-term rental market. Cleveland is a bustling city with a thriving tourism industry, making it an ideal market for Airbnb investors. The city is home to popular attractions such as the Rock and Roll Hall of Fame, the Cleveland Museum of Art, and the Cleveland Metroparks Zoo. Additionally, Cleveland has a strong business presence, with major corporations such as KeyBank and Progressive Insurance headquartered in the city.

Returns That Reflect Opportunity

Investing in Cleveland presents an attractive ROI of 8%, translating to an estimated annual revenue of $13,000. The average Airbnb price in this thriving city stands at $209,000. Cleveland's ADR of $101 and a steady occupancy rate of 59% contribute to the city's appeal as a profitable investment hub.

A City of Many Facets

Cleveland's investment potential is grounded in several key factors:

• Tourism Hub: The city's growing tourism industry ensures a steady flow of visitors, including sports enthusiasts, history buffs, and culture seekers.
• Affordable Real Estate: Cleveland's real estate market is notably affordable compared to many major cities, making it an accessible entry point for investors.
• Sports Culture: Home to the Cleveland Cavaliers (NBA), Cleveland Browns (NFL), and Cleveland Guardians (MLB), the city attracts sports fans from around the country.
• Cultural Attractions: Museums, theaters, and a vibrant music scene offer a rich cultural tapestry for guests to explore.

Strategies for Success

To maximize your investment in Cleveland, consider these strategies:

1. Sports Packages: Tailor packages for guests attending games or sports events, including tickets or shuttle services.
2. Cultural Experiences: Partner with local cultural venues to offer exclusive guest experiences, such as behind-the-scenes tours or ticket bundles.
3. Affordable Luxury: Emphasize your property's affordability while providing a comfortable and stylish stay.

Investors looking for a stable market with a large potential customer base would do well in Cleveland. With a high occupancy rate and a large number of Airbnb listings, there is plenty of opportunity for investors to generate steady income. The city's diverse range of attractions also means that there is a constant stream of tourists, ensuring a consistent demand for short-term rentals.

In Cleveland, your investment property can become a gateway for guests exploring the city's sports scene, delving into its cultural offerings, or simply enjoying Lake Erie's shores. Cleveland's affordability, combined with a robust short-term rental market, makes it a city where your investment can thrive. By investing in Cleveland, you're not only securing a promising financial future but also becoming part of a dynamic city's story, where culture, sports, and opportunity converge.

4. Ashtabula, OH

Ashtabula's charm lies in its exquisite location. Lake Erie's pristine waters and picturesque beaches make it a magnet for summer vacationers. This natural beauty, coupled with an inviting small-town ambiance, ensures a consistent flow of visitors seeking lakeside relaxation.

Financial Prospects

Investors in Ashtabula can anticipate an impressive annual revenue of $23,000, driven by an enticing average Airbnb price of $123,000. The city's ADR stands at $162, reflecting the value visitors place on their stay. With an occupancy rate of 57%, you can count on steady bookings throughout the year.

Key Factors Driving Investment

Several factors underpin Ashtabula's appeal as an investment destination:

• Lake Erie Magic: The allure of Lake Erie, with its boating, fishing, and water-based activities, is a significant draw for vacationers.
• Affordability: Ashtabula's real estate market is notably affordable, making it an accessible entry point for investors.
• Year-round Potential: While summers see a surge in visitors, Ashtabula's potential as a year-round destination opens avenues for consistent bookings.

Strategies for Success:

To maximize your investment in Ashtabula, consider these strategies:

1. Waterfront Appeal: Highlight your property's proximity to Lake Erie, emphasizing water views, beach access, or water-based amenities.
2. Seasonal Packages: Craft seasonal packages that cater to the unique attractions of each season, from summer beach getaways to cozy winter retreats.
3. Local Experiences: Partner with local businesses to offer guests authentic experiences like winery tours, fishing charters, or farm-to-table dining.

Ashtabula, Ohio, offers more than just an investment opportunity; it presents an experience. With its idyllic Lake Erie setting, year-round bookings, and affordable real estate, this city embodies the essence of a lucrative Airbnb market. Whether guests arrive seeking summer adventures on the lake or a tranquil winter escape, Ashtabula promises to captivate their hearts. By investing in Ashtabula, you're not only securing financial success but also becoming a steward of the region's natural beauty and charm. Your property can provide a gateway to the serene waters of Lake Erie and the many experiences this vibrant city offers.

5. Logan, OH

Logan, OH is a top market for Airbnb investors looking to capitalize on the growing demand for short-term rentals. Its natural beauty, proximity to Hocking Hills State Park, and popularity among outdoor enthusiasts make it an attractive destination for travelers. Investors who are passionate about the outdoors and interested in the short-term rental market can expect to achieve a healthy ROI and generate significant revenue in this market.

Exceptional Returns Beckon

Investing in Logan, Ohio, promises substantial rewards, with a remarkable ROI of 15%. Anticipate an annual revenue of $43,000, driven by an average Airbnb price of $303,000. Logan's ADR stands at $199, complemented by a robust occupancy rate of 68%.

Discover the Charms of Logan

Logan, Ohio, is more than just an investment prospect; it's an experience waiting to be savored:

• Gateway to Hocking Hills: As the gateway to Hocking Hills State Park, Logan enjoys year-round appeal for nature enthusiasts, hikers, and adventurers.
• Serene Retreat: The town's tranquil atmosphere and scenic vistas create an inviting backdrop for relaxation and rejuvenation.
• Outdoor Wonderland: Beyond the park, Logan offers a wealth of outdoor activities, including zip-lining, horseback riding, and canoeing, ensuring a steady stream of visitors.

Strategies for Success

To make the most of your investment in Logan, consider these strategies:

1. Thematic Decor: Tailor your property's decor to the surrounding nature, emphasizing the region's rustic charm and offering a cozy retreat for guests.
2. Adventure Packages: Collaborate with local tour operators to create adventure packages, including guided hikes, canopy tours, or horseback riding.
3. Year-Round Appeal: While Hocking Hills enjoys peak popularity in the fall, promote your property's year-round attractions, such as winter hiking or spring wildflower viewing.

Logan, Ohio, embodies the essence of a successful Airbnb investment—a stunning location, year-round appeal, and thriving outdoor adventures. Here, your property can provide guests with not just a place to stay but an immersive experience in the beauty of Hocking Hills. As an investor in Logan, you become a steward of this pristine natural wonderland, offering travelers a chance to reconnect with nature and create cherished memories. In Logan, your investment isn't merely financial; it's a gateway to the soul-soothing landscapes of Hocking Hills and the promise of substantial returns in the Airbnb market.

6. Geneva, OH

Discover Geneva, Ohio, a hidden gem for savvy Airbnb investors seeking a lucrative short-term rental market. Found along the scenic shores of Lake Erie and surrounded by renowned wineries, Geneva offers an enticing blend of relaxation and adventure for travelers, making it a profitable investment opportunity.

Stellar Returns Await

Investing in Geneva, Ohio, promises exceptional returns, boasting an impressive ROI of 14%. You can expect to earn an annual revenue of $24,000, driven by an enticing average Airbnb price of $172,000. With an ADR of $188 and an occupancy rate of 52%, your investment is poised for success.

A Glimpse of Geneva's Allure

Geneva, Ohio, beckons with its charm and abundant attractions:

• Lake Erie's Playground: Lake Erie, just steps away, offers a wealth of aquatic activities, from swimming and fishing to boating and beachcombing.
• Wine Country Bliss: Geneva is situated in Ohio's wine country, boasting numerous wineries. This wine paradise lures connoisseurs seeking tastings and vineyard tours.
• Scenic Beauty: The town's picturesque setting is a magnet for nature lovers. Hike along scenic trails, or simply bask in the beauty of Lake Erie sunsets.

Strategies for Success

To maximize your investment in Geneva, consider these strategies:

1. Winery Partnerships: Collaborate with local wineries to offer exclusive packages for wine enthusiasts, including tastings, tours, and transportation.
2. Lakefront Appeal: Emphasize your property's proximity to Lake Erie in your listings, showcasing the waterfront experience it provides.
3. All-Season Retreat: Promote Geneva as a year-round destination, with activities such as ice fishing in winter, fall foliage tours, and springtime birdwatching.

Geneva, Ohio, epitomizes the allure of lakeside living, combined with the sophistication of wine country. As an Airbnb investor in this charming town, you unlock the potential to provide guests with not just accommodation but a memorable experience. Whether they seek sun-soaked lakeside relaxation or wine-tasting adventures, Geneva delivers it all. Your investment here is not just a financial one; it's an invitation to share in the tranquility and vibrant culture of this Lake Erie gem.

Cincinnati, OH

Cincinnati, OH is a hidden gem for Airbnb investors, with a growing tourism industry and a thriving arts and culture scene. The city is home to popular attractions such as the Cincinnati Zoo and Botanical Garden and the National Underground Railroad Freedom Center, drawing in visitors from all over the world.

Investors looking for a market with potential for growth would do well in Cincinnati. With a medium-sized market and a growing tourism industry, there is plenty of opportunity for investors to capitalize on the city's potential. The city's diverse range of attractions and events also means that there is a constant stream of tourists, ensuring a consistent demand for short-term rentals.

Cincinnati, OH

Cincinnati, Ohio is a dynamic city where Airbnb investors can enjoy impressive returns while capitalizing on a growing tourism industry and affordable real estate. Discover below why Cincinnati stands as a promising market for profitable short-term rental investments.

A Lucrative Opportunity

Investing in Cincinnati offers an attractive ROI of 6%, coupled with an annual revenue of $15,000. The city boasts an average Airbnb price of $267,000, making it an affordable yet appealing destination for travelers. With an ADR of $109 and a robust occupancy rate of 63%, Cincinnati's short-term rental market is a treasure trove for investors.

Exploring Cincinnati's Appeal

Cincinnati offers a diverse range of attractions and experiences, making it a magnet for tourists:

• Cultural Hub: The city is renowned for its vibrant arts and culture scene, including museums, theaters, and galleries.
• Sports Enthusiast Haven: Home to professional teams like the Bengals and the Reds, Cincinnati draws sports fans year-round.
• Scenic Beauty: Nestled along the Ohio River, Cincinnati features picturesque waterfront views and parks perfect for outdoor activities.

Strategies for Success

To thrive in Cincinnati's Airbnb market, consider these strategic approaches:

1. Cultural Packages: Collaborate with local cultural institutions to offer packages that include tickets to museums, theaters, and events.
2. Sports Fanatic Deals: Target sports enthusiasts by offering tailored packages during major games and tournaments.
3. Scenic Retreat: Emphasize your property's proximity to scenic spots, such as riverfront parks, in your listings to attract outdoor enthusiasts.

Cincinnati, Ohio, represents a goldmine for Airbnb investors seeking financial rewards in an affordable and welcoming urban environment. Its thriving tourism industry, diverse attractions, and reasonable real estate prices create a fertile ground for short-term rental success. When you invest in Cincinnati, you're not just acquiring property; you're joining a vibrant community of hosts who open their doors to travelers eager to explore all that this dynamic city has to offer. Cincinnati beckons, and your Airbnb investment here promises a rewarding journey into the heart of the Midwest's cultural and recreational hub.

7. Huron, OH

Huron, Ohio, is where the enchanting shores of Lake Erie meet the exhilarating thrills of Cedar Point amusement park. If you're seeking a prime Airbnb investment opportunity, Huron offers an ideal location that promises a remarkable ROI of 13% and an annual revenue of $30,000. Let's delve into why Huron is the perfect market for savvy investors.

The Financial Perspective

Investing in Huron is a strategic move with an average Airbnb price of $243,000. While the market is small, with 200 active Airbnb listings, it offers a competitive ADR of $200. The occupancy rate of 56% ensures a steady flow of guests, making your investment in Huron both lucrative and reliable.

Huron's Allure

Huron's unique appeal lies in its proximity to Lake Erie and Cedar Point, making it a magnet for tourists year-round:

• Lake Erie's Charm: Guests are drawn to the serene beauty of Lake Erie, offering opportunities for fishing, boating, and lakeside relaxation.
• Cedar Point Adventures: As the "Roller Coaster Capital of the World," Cedar Point lures thrill-seekers and families, guaranteeing a constant influx of visitors.

Investment Strategies

To maximize your success in Huron's Airbnb market, consider these strategic approaches:

1. Seasonal Packages: Tailor your offerings to the seasons, providing beach gear for summer and cozy amenities for fall and winter visitors.
2. Family-Friendly Amenities: Highlight child-friendly features for families visiting Cedar Point, such as nearby playgrounds and kid-friendly dining options.
3. Waterfront Appeal: Emphasize your property's proximity to Lake Erie, showcasing water views and outdoor seating areas in your listings.

Huron, Ohio, is your gateway to a profitable Airbnb investment journey. Its unique blend of natural beauty, family-friendly attractions, and waterside charm ensures a consistent stream of guests seeking memorable experiences. Whether you're investing in a lakeside retreat or a family-friendly haven, Huron's Airbnb market welcomes you with open arms. Join the ranks of successful hosts in Huron and discover the joys of sharing this idyllic destination with travelers from near and far.

8. Wilmington, OH

Wilmington, Ohio is where the quaint charm of a small town meets the convenience of proximity to major cities. If you're seeking an attractive Airbnb investment, Wilmington offers an oasis of opportunity. With a remarkable ROI of 12% and an annual revenue of $23,000, let's uncover why Wilmington should be your investment destination.

The Financial Perspective

Investing in Wilmington is a strategic choice. The average Airbnb price stands at a reasonable $200,000, ensuring accessibility for a wide range of guests. Despite its small market size with 74 active Airbnb listings, Wilmington boasts a competitive ADR of $127. The occupancy rate of 56% signifies a consistent flow of guests, guaranteeing a steady income.

Wilmington's Allure

Wilmington's unique allure lies in its blend of small-town atmosphere and proximity to major urban centers:

• Charming Small Town: Guests are drawn to the picturesque streets, historic architecture, and friendly community atmosphere that Wilmington offers.
• Strategic Location: Wilmington's location between Cincinnati and Columbus makes it a convenient stop for travelers exploring both major cities.

Investment Strategies

To capitalize on Wilmington's Airbnb market, consider the following investment strategies:

1. Heritage Promotion: Highlight the historic character of your property and its proximity to local landmarks, attracting guests interested in history and culture.
2. Weekend Getaways: Target guests seeking weekend getaways from nearby cities, offering packages that include guided tours of Wilmington's historic sites.
3. Outdoor Adventures: Emphasize outdoor activities like hiking and biking trails in your property's vicinity, appealing to nature enthusiasts.

Investors who would do well in this market are those who are looking for a market with a high ROI and a small market size. Wilmington, OH is an ideal market for investors who are just starting in the Airbnb rental business or those who are looking to expand their portfolio.

Wilmington’s unique blend of small-town charm and accessibility to major urban centers ensures a consistent influx of guests seeking diverse experiences. Whether your property exudes historic elegance or provides a cozy retreat, Wilmington's Airbnb market welcomes investors who value both financial rewards and the opportunity to be part of a community with a rich heritage. Join the ranks of successful hosts in Wilmington, where your investment journey becomes a testament to the enduring appeal of small-town America.

9. South Bloomingville, OH

In the heart of the scenic Hocking Hills region, South Bloomingville, Ohio, emerges as a prime investment destination for Airbnb hosts seeking a flourishing market. With its close proximity to Hocking Hills State Park, visitors flock to the area for its natural beauty and outdoor activities. With a remarkable ROI of 15% and an impressive annual revenue of $48,000, South Bloomingville offers an enticing opportunity for investors.

Financial Insights

South Bloomingville's Airbnb market showcases financial robustness:

• Lucrative ADR: An impressive ADR of $180 reflects the value guests place on accommodations in this outdoor haven.
• High Occupancy: An extraordinary occupancy rate of 84% speaks to the consistent demand for short-term rentals, ensuring a steady stream of income.
• Less Competitive Market: South Bloomingville’s market is small with only 36 active Airbnb listings, which signifies a less competitive environment with ample room to stand out in the market.
• Avg Airbnb Price: An average Airbnb price of $416,000 aligns with the region's upscale properties, promising attractive returns.

Nature's Playground

South Bloomingville's charm is rooted in its proximity to the breathtaking Hocking Hills State Park, a renowned outdoor playground:

• Hiking Paradise: Guests flock to Hocking Hills for its stunning hiking trails, captivating waterfalls, and unique rock formations.
• Fishing and Adventure: The region's pristine streams and thrilling zip-lining experiences make it a year-round attraction.

Investment Strategies

To make the most of your investment in South Bloomingville's Airbnb market, consider these strategies:

1. Nature Retreat: Highlight your property's proximity to Hocking Hills, emphasizing its appeal as a nature retreat.
2. Adventure Packages: Collaborate with local adventure companies to offer guests comprehensive outdoor adventure packages.
3. Wellness and Relaxation: Create a sanctuary where guests can unwind after a day of exploration, with features like hot tubs and fire pits.

South Bloomingville, Ohio, stands as a testament to the allure of nature. For Airbnb investors, it represents not only a sound financial opportunity but also a chance to provide guests with unforgettable experiences in one of Ohio's most captivating regions. Whether your property is a rustic cabin, a cozy cottage, or a luxury retreat, South Bloomingville's thriving market invites hosts to become part of the Hocking Hills story, where every guest leaves with cherished memories of the great outdoors.

Bottom Line

Investing in Ohio's Airbnb market can yield high returns if you know where to look. Nelsonville and Laurelville stand out for their impressive ROIs, while Cleveland offers diverse opportunities with a mix of business and leisure travelers. Moreover, smaller markets like Wilmington and South Bloomingville offer the potential for less competition and solid returns. Ultimately, the best market for you depends on your budget, investment goals, and personal preferences.