Airbnb Market Analytics & Investment Insights
Annual Revenue
$31,555
Based on 1619 full time Airbnb rentals
Average Daily Rate
$161
Gross Yield
28.78%
#3 in the USOccupancy Rate
58%
As of June 2025, Homes in Cleveland have appreciated by 9.33%, with the median home value standing at $109,468, according to Zillow.
There are currently 1,619 active short-term rentals in Cleveland. The average daily rate for these rentals is $161. This translates to an annual revenue of $31,555 for short-term rentals as of June 2025.
Cleveland is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.
Average Daily Rate Trend
$161
Occupancy Rate Trend
58%
Let our agents guide you to the best short-term rental investments in Cleveland, OH
Active Short-Term Rentals
1619
As of June 2025, the average gross yield for short-term rentals in Cleveland is 28.78%. However, potential investors should also consider the average property tax, which stands at 2.33% according to SmartAsset.
The median household income in Cleveland is $58,231.
As of June 2025, the occupancy rate for Airbnb rentals in Cleveland is 58%, which is higher than the average occupancy rate for the United States.
As of June 2025 The unemployment rate in Cleveland is 2.9%, which is lower than the national average of 4.1%.
The most impactful amenities for short-term rentals in Cleveland include a Baby monitor, Bread maker, and Pool table.
Cleveland is a popular destination for travelers, with Airbnb demand coming from cities like Cleveland, OH (4.25% of all guests), Columbus, OH (4.07% of all guests), and Chicago, IL (2.60% of all guests).
The top short-term rental hosts in Cleveland include Mark, RoomPicks and Michael. These hosts have an average rating of 4.94, 4.53 and 4.96 respectively.
The most popular property types in Cleveland are 2-bedroom units, with an average daily rate of $161 and an annual revenue of $33,945.
The average booking lead time for short-term rentals in Cleveland is 48 days.
| Bedrooms | Listings | Occupancy | Average Daily Rate | Annual Revenue |
|---|---|---|---|---|
| Studio | 187 | 55% | $161 | $32,321 |
| 1 Bedroom | 324 | 60% | $146 | $31,974 |
| 2 Bedroom | 314 | 62% | $150 | $33,945 |
| 3 Bedroom | 114 | 57% | $171 | $35,577 |
| 4 Bedroom | 31 | 53% | $190 | $36,756 |
| 5 Bedroom | 12 | 61% | $209 | $46,534 |
Connect with a lender specializing in short-term rentals in Cleveland