Airbnb Market Analytics, Statistics and Data in Cleveland, Tennessee, 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 $1,914 per month
- Strong performing properties (top 25%) make $2,794 or more
- Best-in-class properties (top 10%) achieve $3,894+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,175
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 50% occupancy rates
- Strong performing properties (top 25%) achieve 66% or higher
- Best-in-class properties (top 10%) reach 81%+occupancy
- Entry-level properties (bottom 25%) average around 33%
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 $107 per night
- Strong performing properties (top 25%) secure $149 or more
- Best-in-class properties (top 10%) pull in $192+ per night
- Entry-level properties (bottom 25%) earn around $83
Daily Rate Variations by Month
Get Live Cleveland Market Intelligence 👇
Explore Real-time Analytics
Seasonality patterns in Cleveland
Peak Season (October, June, July)
- Revenue peaks at $2776.18 per month
- Occupancy rates reach 63.08%
- Daily rates average $129.65
Shoulder Season
- Revenue averages $2189.16 per month
- Occupancy maintains 50.25%
- Daily rates hold at $122.86
Low Season (February, September, January)
- Revenue drops to $1553.90 per month
- Occupancy decreases to 38.44%
- Daily rates adjust to $115.49
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 50% and solid monthly revenue averaging $2189 and The market's 120 active listings indicate growing demand with plenty of opportunity for new properties. 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 |
|---|---|---|
| Downtown Cleveland | The heart of Cleveland with a mix of business, culture, and entertainment. It's ideal for travelers wanting to explore attractions, dining, and nightlife all within walking distance. | Cleveland Museum of Art, Rock and Roll Hall of Fame, Cleveland Playhouse, East 4th Street, Cleveland State University |
| Cleveland Heights | A vibrant neighborhood known for its diverse community, arts, and parks. It's appealing to families and those looking for a suburban feel close to the city. | Cleveland Heights Library, Cleveland Heights Art Show, Nela Park, Shaker Lakes, Lakeview Cemetery |
| Tremont | A historic neighborhood with a strong arts scene and an eclectic mix of cafes, restaurants, and boutiques. Great for foodies and those looking for local culture. | Tremont ArtWalk, St. Theodosius Russian Orthodox Cathedral, Tremont Farmers Market, Brewpubs, Historic Homes |
| Ohio City | Known for its vibrant food scene and historic breweries, Ohio City attracts those seeking both culture and nightlife in a close-knit community environment. | West Side Market, Great Lakes Brewing Company, Ohio City Farm, Market Garden Brewery, Gordon Square Arts District |
| Lakewood | A suburban area right outside of Cleveland with a strong sense of community, parks, and family-friendly activities. Good for longer stays and family vacations. | Lakewood Park, Rocky River Reservation, Cleveland Metroparks, W. 117th Street Shopping, Local Cafes and Boutiques |
| Chattanooga Avenue | A quiet, residential area close to the Cleveland city limits. Suitable for those looking for a peaceful environment while still being accessible to city amenities. | Local Parks, Cleveland Arts District, Historic Homes, Chattanooga Avenue Shopping District |
| West Park | A diverse and cozy neighborhood with ample parks and local businesses. West Park is ideal for families and those seeking a more suburban lifestyle within reach of Cleveland's attractions. | Kalberer Park, Memorial Park, Local Festivals, Community Events, Nearby Schools |
| Southwest Cleveland | A developing area with potential for growth in terms of tourism and local businesses. Affordable housing makes it ideal for investment. | Regional Parks, Community Centers, Local Restaurants, Outdoor Activities, Nearby Shopping |
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
Runner Branch Stables & Guesthouse - Farm Stay
Entire Place • 6 bedrooms
Tranquility
Entire Place • 4 bedrooms
Adventure On Foxfire Water
Entire Place • 5 bedrooms
Spacious 3br-3bath great for families & business
Entire Place • 3 bedrooms
Only a 10 minute drive to the Ocoee River!
Entire Place • 4 bedrooms
Benwood Poolhouse
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Cleveland
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Kimberly | 3 | $172,964 | 155 | 4.99/5.0 |
| Brooke | 8 | $157,862 | 1428 | 4.77/5.0 |
| Aaron & Amy | 5 | $118,996 | 331 | 4.87/5.0 |
| Blair | 3 | $104,115 | 85 | 4.82/5.0 |
| Lacey | 2 | $64,074 | 266 | 4.99/5.0 |
| Evolve | 2 | $62,784 | 43 | 4.93/5.0 |
| Jillian | 2 | $61,691 | 227 | 4.96/5.0 |
| Nathaniel | 1 | $60,092 | 160 | 4.99/5.0 |
| Angel | 3 | $59,972 | 172 | 4.99/5.0 |
| Joyce | 2 | $59,063 | 247 | 4.97/5.0 |
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 (95.8%), with house and apartment & condo properties comprising 79.1% of inventory
- Strong specialty sector (17.5%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others, unique stays segments (4.1% combined)
Room Capacity Distribution
Analysis of 120 properties in Cleveland shows that 2 bedrooms properties are most prevalent, making up 37.5% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 64.2% of all listings.
Key Insights
- Most common: 2 bedrooms (37.5%)
- Least common: 5+ bedrooms (2.5%)
- Market concentration: 64.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 120 properties in Cleveland reveals that 4 guests properties dominate the market, representing 27.5% of all listings. The average property accommodates 5.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 6 guests make up 48.3% of the market.
Key Insights
- Most common capacity: 4 guests (27.5% of market)
- Least common capacity: 7 guests (4.2% of market)
- Average guest capacity: 5.0 guests per property
- Market concentration: 48.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 120 properties in Cleveland, the most common availability pattern is 91-180 days (37.5% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (39.2% of properties).
Key Insights
- Most common availability window: 91-180 days (37.5%)
- Most common booking duration: 181-270 days (39.2%)
- Properties with high availability (180+ days): 51.7%
- Properties with long-term bookings (180+ days): 51.7%
Minimum Stay Distributions
1 Night
49 listings
45.8% of total
2 Nights
42 listings
39.3% of total
3 Nights
12 listings
11.2% of total
4-6 Nights
1 listings
0.9% of total
30+ Nights
3 listings
2.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 85.1%
- Mid-length stays (4-6 nights) represent 0.9% of listings
- Monthly+ stays (2.8%) suggest a stable extended-stay market
- High market flexibility with 96.3% 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
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
1 listings
0.9% of total
Flexible
30 listings
26.5% of total
Moderate
30 listings
26.5% of total
Firm
22 listings
19.5% of total
Strict
30 listings
26.5% of total
Key Insights
- Flexible is the preferred policy at 26.5% of listings
- The market shows a balanced distribution between guest-friendly (53.0%) and strict (46.0%) policies
- Strong market consensus around Flexible policies
- Super Strict 30 Days policies are least common at 0.9% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Flexible policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Apr, Jul, averaging 68 days
- Shortest booking windows are in Mar, Feb, Jan, averaging 29 days
- Summer shows the longest average booking window at 60 days, while Winter has the shortest at 31 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 60 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Jan when lead times are shortest
Popular Airbnb Amenities in Cleveland
Every property in Cleveland comes standard with Heating. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 98.4% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (0.3%) and Germany (0.3%)
- English is the top language at 87.7%, followed by Spanish (9.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.3%
Recommendations
- Target marketing campaigns for Cleveland and Nashville markets
- Develop localized content for Canada and Germany
- 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 |
|---|---|---|---|---|
| Sevier County | 57 | $5,676 | $487.35 | 44% |
| Gilmer County | 22 | $5,284 | $339.65 | 45% |
| Sevierville | 5,283 | $4,773 | $322.53 | 49% |
| Cedar Bluff | 32 | $4,627 | $374.82 | 42% |
| Wears Valley | 191 | $4,367 | $303.62 | 46% |
| Waleska | 40 | $4,361 | $337.34 | 43% |
| Fannin County | 38 | $4,304 | $330.98 | 42% |
| Gatlinburg | 2,903 | $4,296 | $307.39 | 48% |
| Pigeon Forge | 2,603 | $4,127 | $298.98 | 47% |
| Epworth | 71 | $3,961 | $327.41 | 41% |
How is your STR performing?
Your vacation rental may be amazing, but is it better than your competition? Enjoy the best-in-class AI-powered analytics for free!
Discover Insights