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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Ashland offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
With just 21 active Airbnb listings and an 88% year-over-year growth in supply, Ashland, OH is an emerging micro-market that offers investors a low-competition entry point. Average annual revenue sits at $23,860 against average home values of $367,635, and the market's above-average growth trend and favorable supply/demand balance signal room for early movers. While occupancy and ADR trail statewide averages, the compact listing pool means well-positioned properties can capture outsized share of local demand.
According to Rabbu market data, the Ashland short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 21 |
| Average Daily Rate (ADR) | vs. $250 state avg. | $146 |
| Average Occupancy Rate | vs. 34% state avg. | 25% |
| RevPAN | ADR * Occupancy Rate | $36 |
| Average Monthly Revenue | Historical 12-month average | $1,988 |
| Average Annual Revenue | Historical 12-month average | $23,860 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Ashland appeals to investors seeking affordable entry into a growing small-market STR environment where limited competition and favorable supply/demand dynamics create room for above-average returns relative to acquisition cost.
Key investment factors
"Ashland presents a moderate opportunity best suited for investors comfortable with a small, seasonal market that is still finding its footing. Revenue peaks sharply from May through August — July alone averages $2,775 — while winter months like February dip to around $1,083, creating a pronounced seasonal spread that requires careful cash-flow planning. The ROI score of 66 out of 100, categorized as an "Attractive Opportunity," reflects average revenue-to-price and occupancy metrics balanced by above-average growth and supply/demand conditions. For investors who can keep operating costs lean and time their listing strategy around the summer surge, Ashland offers a viable path to positive returns in a market with limited direct competition."
— Rabbu Market Analysis Team
Ashland's revenue cycle is sharply seasonal, peaking in July at $2,775 and bottoming out in February at $1,083 — a spread of nearly $1,700. The May-through-September stretch consistently delivers $2,200+ monthly, making summer the critical earning window for investors in this market.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,526 |
| February |
|
$1,083 |
| March |
|
$1,369 |
| April |
|
$1,414 |
| May |
|
$2,423 |
| June |
|
$2,474 |
| July |
|
$2,775 |
| August |
|
$2,624 |
| September |
|
$2,285 |
| October |
|
$2,143 |
| November |
|
$1,914 |
| December |
|
$1,824 |
Supply is concentrated among 1-bedroom (7 listings) and 2-bedroom (6 listings) properties, with no data on larger configurations, suggesting that 3+ bedroom homes could represent an underserved niche. Investors considering larger properties may face less direct competition if local demand supports group or family stays.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
7 |
| 2 bedrooms |
|
6 |
ADR scales modestly from $104 for 1-bedroom listings to $118 for 2-bedrooms, a roughly 13% premium that reflects the limited pricing power in a small market. The relatively narrow gap means 2-bedroom properties offer a better per-dollar value proposition without requiring a steep rate increase to cover added costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$104 |
| 2 bedrooms |
|
$118 |
Two-bedroom listings generate $19 in RevPAN compared to $15 for 1-bedrooms, a 27% advantage that reflects both slightly higher rates and marginally better occupancy. For investors focused on per-night yield, 2-bedroom configurations deliver the stronger return after factoring in how often the property is booked.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$15 |
| 2 bedrooms |
|
$19 |
Occupancy is low across both tracked sizes — 15% for 1-bedroom and 16% for 2-bedroom listings — indicating that neither configuration enjoys a meaningful demand advantage. This suggests that improvements in revenue will likely come from rate optimization and amenity differentiation rather than occupancy gains alone.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
15% |
| 2 bedrooms |
|
16% |
Two-bedroom properties earn an average of $1,837 per month, roughly 53% more than the $1,201 generated by 1-bedroom units. The meaningful revenue gap makes 2-bedroom listings the stronger earner in Ashland, despite only a modest increase in nightly rate.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,201 |
| 2 bedrooms |
|
$1,837 |
On an annual basis, 2-bedroom listings bring in approximately $22,050 compared to $14,417 for 1-bedrooms, a difference of over $7,600. Given that acquisition costs for 2-bedroom homes may not be proportionally higher, the larger configuration appears to offer better return potential in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$14,417 |
| 2 bedrooms |
|
$22,050 |
Parking (100%), kitchen (95%), and self check-in (91%) are near-universal among Ashland listings, establishing them as baseline expectations rather than differentiators. Outdoor-oriented amenities like backyards (81%) and outdoor furniture (62%) are also common, while pet-friendliness (33%) and lake access (5%) remain less prevalent and could serve as competitive advantages for hosts willing to offer them.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
95% |
| Self Check-in |
|
91% |
| Backyard |
|
81% |
| Washer |
|
76% |
| Dryer |
|
71% |
| Outdoor Furniture |
|
62% |
| Workspace |
|
62% |
| Patio or Balcony |
|
57% |
| Pets |
|
33% |
| BBQ Grill |
|
29% |
| Gym |
|
5% |
| Lake Access |
|
5% |
| Waterfront |
|
5% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Ashland Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Above average | 15% |
Ashland's ROI score of 66 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where revenue-to-price ratios and occupancy stability are average but are buoyed by above-average market growth and a favorable supply/demand balance. The rapid 88% year-over-year listing growth, combined with just 21 total active listings, underscores a market that's still early in its development curve — an environment where well-managed properties can gain traction quickly. Investors should pair this data with thorough research into Ashland's local regulations and realistic seasonal cash-flow modeling before committing.
Understanding local STR regulations is essential before investing in Ashland. Here's the current regulatory landscape:
Short-term rental operators in Ashland, OH may need to obtain a permit or register their property with local authorities before listing. Investors should verify current requirements directly with the City of Ashland and Ashland County, as rules in smaller Ohio municipalities can evolve quickly.
Common restrictions that may apply include occupancy limits tied to bedroom count, minimum-stay requirements, noise and nuisance ordinances, parking mandates, and HOA covenants that could prohibit or limit short-term rentals. Investors should review any applicable zoning overlays and homeowner association rules before committing to a purchase.
Ohio generally requires short-term rental hosts to collect and remit state sales tax and local lodging taxes, and platforms like Airbnb often handle a portion of this collection automatically. Investors in Ashland should confirm their specific obligations with the Ohio Department of Taxation and any county-level tax authority.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Ashland can provide current regulatory guidance.
Financing an Airbnb investment in Ashland requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Ashland's rapid supply growth suggests rising awareness of the market's STR potential, though the small base means a handful of new listings can shift dynamics quickly. Seasonal patterns point to revenue peaking from May through August, with summer months averaging $2,400–$2,775 — investors timing renovations and launches for late spring stand to capture the strongest booking windows. ADR may edge up modestly as hosts refine pricing, but occupancy is likely to hover in the 25–30% range until demand drivers mature. These are estimates rather than guarantees, so pairing seasonal strategy with conservative underwriting is prudent."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts. Local regulations, permit requirements, and tax obligations can change — always verify with municipal authorities before investing.
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