Airbnb Market Analytics, Statistics and Data in Cleveland, Ohio, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Cleveland? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Cleveland:
How much do Airbnb hosts make on average per month in Cleveland?
The short-term rental market in Cleveland shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,052 per month
- Strong performing properties (top 25%) make $3,387 or more
- Best-in-class properties (top 10%) achieve $5,102+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,001
Revenue Variations by Month
Occupancy Rates Throughout the Year in Cleveland
The market in Cleveland shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 46% occupancy rates
- Strong performing properties (top 25%) achieve 67% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 24%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Cleveland
Daily rates in Cleveland vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $113 per night
- Strong performing properties (top 25%) secure $168 or more
- Best-in-class properties (top 10%) pull in $263+ per night
- Entry-level properties (bottom 25%) earn around $77
Daily Rate Variations by Month
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Seasonality patterns in Cleveland
Peak Season (June, July, August)
- Revenue peaks at $3118.89 per month
- Occupancy rates reach 63.56%
- Daily rates average $161.61
Shoulder Season
- Revenue averages $2586.15 per month
- Occupancy maintains 46.65%
- Daily rates hold at $151.49
Low Season (December, February, January)
- Revenue drops to $1744.60 per month
- Occupancy decreases to 36.92%
- Daily rates adjust to $137.54
Is it still profitable to do Airbnb in Cleveland in 2025?
Yes! Cleveland demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 47% and strong monthly revenue averaging $2586 and As a mature market with 1431 active listings, there's strong demand despite the competition. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Cleveland
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Ohio City | A historic neighborhood with a vibrant food scene and craft breweries. Close to downtown Cleveland, it's popular with both tourists and locals looking for unique dining options and cultural experiences. | West Side Market, Great Lakes Brewing Company, Cleveland Metroparks, Cleveland Public Theatre, Cleveland 20/30 Club |
| Tremont | Known for its artsy vibe and historic architecture, Tremont boasts numerous galleries and a bustling dining scene. It's close to downtown and offers a mix of culture and nightlife. | St. Theodosius Orthodox Cathedral, Tremont Art Walk, Sokolowski’s University Inn, Tremont Farmer’s Market, Lincoln Park |
| Downtown Cleveland | The heart of the city, filled with attractions, business centers, and entertainment options. Ideal for visitors looking for convenience and a lively urban atmosphere. | Rock and Roll Hall of Fame, Cleveland Great Lakes Science Center, FirstEnergy Stadium, Playhouse Square, Key Tower |
| University Circle | A cultural hub with museums, universities, and medical institutions. Attracts visitors for its educational and artistic offerings, making it a unique place to stay. | Cleveland Museum of Art, Cleveland Botanical Garden, Museum of Contemporary Art Cleveland, Case Western Reserve University, Cleveland Clinic |
| Shaker Heights | A suburban area with beautiful homes, parks, and access to excellent schools. Offers a quieter stay while maintaining proximity to Cleveland’s attractions. | Shaker Heights Country Club, Van Aken District, Shaker Lakes, Ruthven Park, Shaker Historical Society |
| South Park | A residential area with shopping centers and parks. It's becoming increasingly popular for families and travelers seeking a suburban experience close to city amenities. | SouthPark Mall, Greenpert Park, Huntington Reservation, Parkview Park, South Park Commons |
| Lakewood | Just west of Cleveland, Lakewood features a vibrant community with great dining and nightlife. It's popular with young families and professionals and offers easy access to the city. | Lakewood Park, The Beck Center for the Arts, Cleveland Metroparks Lakefront Reservation, West End Historic District, Lakewood Historical Society |
| Collinwood | An up-and-coming neighborhood with a strong community feel and burgeoning arts scene. It’s attracting more visitors looking for authentic local experiences. | Collinwood Arts District, Cleveland Clark Metroparks, The Beachland Ballroom, Cleveland's Cultural Gardens, Casey Lake |
Do you need a license for Airbnb in Cleveland?
We recommend checking directly with Cleveland's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Cleveland
Westside Warehouse-Over 4500 sqft of Luxury living
Entire Place • 5 bedrooms
The Lucky Duck-Central Modern Villa in Cle
Entire Place • 4 bedrooms
1600 Penthouse - A KCM Property
Entire Place • 3 bedrooms
Tremont Townhouse with Skyline Views
Entire Place • 3 bedrooms
The Rock’N Duck! (New Modern Rock Themed BnB)
Entire Place • 3 bedrooms
The Cleveland ROCKS! Townhome in Tremont
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Cleveland
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Justin | 10 | $1,401,665 | 1662 | 4.36/5.0 |
| Dani | 28 | $1,338,689 | 1792 | 4.84/5.0 |
| Mark | 24 | $1,246,365 | 2294 | 4.85/5.0 |
| Brian | 10 | $847,680 | 705 | 4.92/5.0 |
| Andrea | 15 | $778,908 | 1573 | 4.89/5.0 |
| Gloria | 18 | $675,312 | 1638 | 4.80/5.0 |
| Don | 23 | $602,650 | 403 | 3.69/5.0 |
| Jaider | 26 | $536,162 | 1051 | 4.66/5.0 |
| Cityden | 12 | $521,911 | 522 | 4.76/5.0 |
| TraveLuxe LLC | 10 | $505,516 | 393 | 4.48/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Cleveland
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (82.5%), with apartment & condo and house properties comprising 96.1% of inventory
- Untapped potential in others, boutique & hotels, outdoor & mobile, unique stays segments (3.8% combined)
Room Capacity Distribution
Analysis of 1,431 properties in Cleveland shows that 1 bedroom properties are most prevalent, making up 31.9% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 62.1% of all listings.
Key Insights
- Most common: 1 bedroom (31.9%)
- Least common: 5+ bedrooms (3.4%)
- Market concentration: 62.1% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 1,431 properties in Cleveland reveals that 4 guests properties dominate the market, representing 27.3% of all listings. The average property accommodates 4.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 43.0% of the market.
Key Insights
- Most common capacity: 4 guests (27.3% of market)
- Least common capacity: 1 guest (2% of market)
- Average guest capacity: 4.0 guests per property
- Market concentration: 43.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 1,431 properties in Cleveland, the most common availability pattern is 271-366 days (30.3% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (29.6% of properties).
Key Insights
- Most common availability window: 271-366 days (30.3%)
- Most common booking duration: 91-180 days (29.6%)
- Properties with high availability (180+ days): 59.9%
- Properties with long-term bookings (180+ days): 41.6%
Minimum Stay Distributions
1 Night
420 listings
33.3% of total
2 Nights
414 listings
32.8% of total
3 Nights
107 listings
8.5% of total
4-6 Nights
68 listings
5.4% of total
7-29 Nights
136 listings
10.8% of total
30+ Nights
116 listings
9.2% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 66.1%
- Mid-length stays (4-6 nights) represent 5.4% of listings
- Monthly+ stays (9.2%) suggest a stable extended-stay market
- High market flexibility with 74.6% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
5 listings
0.4% of total
Super Strict 60 Days
18 listings
1.5% of total
Flexible
243 listings
20.1% of total
Moderate
350 listings
29% of total
Firm
268 listings
22.2% of total
Strict
324 listings
26.8% of total
Key Insights
- Moderate is the preferred policy at 29.0% of listings
- The market shows a balanced distribution between guest-friendly (49.1%) and strict (49.0%) policies
- Strong market consensus around Moderate policies
- Super Strict 30 Days policies are least common at 0.4% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Moderate policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Apr, Jun, Jul, averaging 66 days
- Shortest booking windows are in Feb, Dec, Jan, averaging 32 days
- Spring shows the longest average booking window at 58 days, while Winter has the shortest at 32 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 58 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Feb-Jan when lead times are shortest
Popular Airbnb Amenities in Cleveland
Below is the distribution of amenities across listings in Cleveland:
Traveler Demographics
Key Insights
- Domestic travelers make up 91.7% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (4.1%) and DC (0.8%)
- English is the top language at 80.8%, followed by Spanish (11.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.5%
Recommendations
- Target marketing campaigns for Cleveland and Columbus markets
- Develop localized content for Canada and DC
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Cleveland. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Huron Township | 15 | $8,224 | $517.80 | 43% |
| Berlin Township | 11 | $5,242 | $361.55 | 43% |
| Marblehead | 10 | $5,121 | $475.78 | 46% |
| Peninsula | 15 | $4,799 | $306.64 | 52% |
| Hudson | 12 | $4,340 | $264.64 | 61% |
| Huron | 123 | $4,280 | $356.25 | 42% |
| Sewickley | 14 | $4,018 | $203.26 | 68% |
| Harrison Township | 22 | $3,980 | $245.36 | 51% |
| Troy Township | 13 | $3,966 | $256.32 | 48% |
| Sugarcreek | 56 | $3,918 | $211.30 | 50% |
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