Cleveland, OH Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Cleveland, OH. Based on 15+ datapoints.
Cleveland, OH Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
6.6%
Avg Cash on Cash
0.8%
Median Cashflow
-$3/mo
Avg Rent Estimate
$2,984/mo
Avg Price
$257,397
Price Range
$115,000 - $500,000
Rent to Price
1.16%
strong ratio
Positive Cashflow
46%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Cleveland, OH
Cleveland, OH is an emerging short-term rental market with growing investor interest. With 15+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at 0.8%.
Across 15+ analyzed properties, Cleveland, OH STR investments show a median monthly cashflow of -$3 with an average estimated nightly-rate-adjusted revenue of $2,984/month. These figures reflect real property data, not projections.
Cleveland, OH Airbnb Market Insights
- •Median cashflow is -$3/month — careful deal selection is essential here
- •6.6% median cap rate reflects a balanced risk-return profile
- •46% positive cashflow rate means roughly two in five properties are cash-flow positive
- •Mid-to-upper tier market with properties from $115,000 to $500,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals