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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Ashtabula offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Ashtabula, OH stands out as a small-market opportunity where affordable home prices — averaging $230,148 — pair with above-average revenue-to-price ratios to create compelling STR economics. With just 43 active Airbnb listings, competition is limited, and the market's proximity to Lake Erie drives strong summer demand that pushes peak monthly revenue above $6,400 in July. The market's ROI score of 72 out of 100 reflects that attractive yield potential, though investors should plan around pronounced seasonality and below-state-average occupancy.
According to Rabbu market data, the Ashtabula short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 43 |
| Average Daily Rate (ADR) | vs. $250 state avg. | $216 |
| Average Occupancy Rate | vs. 34% state avg. | 19% |
| RevPAN | ADR * Occupancy Rate | $42 |
| Average Monthly Revenue | Historical 12-month average | $2,860 |
| Average Annual Revenue | Historical 12-month average | $34,325 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Investors are drawn to Ashtabula for its unusually strong revenue-to-price ratio in a lakefront leisure market with minimal existing competition.
Key investment factors
"Ashtabula presents a moderate-to-attractive opportunity for STR investors willing to embrace a highly seasonal revenue pattern. The market's strength lies in its summer months — July alone averages $6,443 in revenue — but January dips to just $835, creating a nearly 8:1 peak-to-trough ratio that demands careful cash-flow planning. With an ROI score of 72, the market's revenue-to-price fundamentals are genuinely appealing, though average occupancy of 19% (well below Ohio's 34% average) signals that returns are concentrated rather than consistent. Investors who optimize pricing for the June–September corridor and manage costs tightly during the off-season can extract meaningful value from this lakeside market."
— Rabbu Market Analysis Team
Ashtabula's revenue is heavily summer-weighted, with July topping out at $6,443 and January bottoming at just $835 — a nearly 8x spread that underscores how dependent this market is on warm-weather tourism. The June–August corridor accounts for a disproportionate share of annual income, making strong peak-season execution essential for hitting revenue targets.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$835 |
| February |
|
$1,163 |
| March |
|
$2,215 |
| April |
|
$1,344 |
| May |
|
$2,647 |
| June |
|
$4,758 |
| July |
|
$6,443 |
| August |
|
$5,936 |
| September |
|
$3,595 |
| October |
|
$2,459 |
| November |
|
$1,758 |
| December |
|
$1,168 |
The market's 43 listings are split almost evenly between 2-bedroom (18 listings) and 3-bedroom (15 listings) properties, with no other bedroom counts represented in the tracked data. This narrow supply mix could signal opportunity for investors willing to offer differentiated configurations like studios, 1-bedrooms, or larger 4+ bedroom homes.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
18 |
| 3 bedrooms |
|
15 |
Three-bedroom properties command $217 per night compared to $144 for two-bedroom units — a 51% ADR premium for just one additional bedroom. Given that the cost difference between a 2- and 3-bedroom home is often modest, the pricing step-up suggests 3-bedroom properties offer a stronger rate-to-cost trade-off in this market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$144 |
| 3 bedrooms |
|
$217 |
RevPAN for 3-bedroom listings reaches $51, more than double the $25 earned by 2-bedroom properties, reflecting both the higher nightly rate and better occupancy. This gap makes 3-bedroom units the clear winner for investors optimizing revenue per available night.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$25 |
| 3 bedrooms |
|
$51 |
Three-bedroom properties maintain 24% occupancy versus 18% for two-bedroom units, indicating that larger homes attract more consistent bookings even in this seasonal market. While both figures sit below the state average of 34%, the 6-percentage-point gap reinforces the revenue advantage of sizing up.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
18% |
| 3 bedrooms |
|
24% |
Three-bedroom listings generate $3,390 per month on average — more than double the $1,512 earned by two-bedroom properties. For investors weighing property size, the revenue gap strongly favors the larger configuration despite the relatively small incremental acquisition cost.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$1,512 |
| 3 bedrooms |
|
$3,390 |
At $40,689 in average annual revenue, 3-bedroom properties outpace 2-bedroom units ($18,148) by a factor of 2.2x, making them the most attractive configuration for return potential. Against average home values of $230,148, a well-performing 3-bedroom could deliver a gross revenue yield approaching 18%.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$18,148 |
| 3 bedrooms |
|
$40,689 |
Kitchen (98%), parking (95%), and self check-in (91%) are near-universal in Ashtabula listings, establishing them as baseline guest expectations rather than differentiators. The presence of lake access (40%), waterfront location (33%), and beach access (14%) among top amenities highlights the premium guests place on water proximity — investors with lakefront or lake-adjacent properties hold a meaningful competitive edge.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
98% |
| Parking |
|
95% |
| Self Check-in |
|
91% |
| Backyard |
|
72% |
| Washer |
|
72% |
| Dryer |
|
72% |
| Patio or Balcony |
|
65% |
| Outdoor Furniture |
|
65% |
| BBQ Grill |
|
61% |
| Workspace |
|
56% |
| Lake Access |
|
40% |
| Waterfront |
|
33% |
| Pets |
|
26% |
| Beach Access |
|
14% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Ashtabula Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Below average | 15% |
Ashtabula's ROI score of 72 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio that reflects the market's affordable entry point relative to STR earnings. Occupancy stability rates as average while both market growth trend and supply/demand balance score below average, suggesting that rapid listing growth could pressure per-unit performance if demand doesn't keep pace. Investors should pair this data with thorough local regulatory research and realistic seasonal cash-flow modeling before committing capital.
Understanding local STR regulations is essential before investing in Ashtabula. Here's the current regulatory landscape:
Short-term rental operators in Ashtabula, Ohio may need to obtain a local permit or register their property with the city before hosting guests. Investors should verify current requirements directly with the City of Ashtabula and Ashtabula County offices, as regulations can evolve.
Common restrictions that may apply include occupancy limits based on bedroom count, noise and nuisance ordinances, parking requirements for guests, and potential HOA rules that could limit or prohibit short-term rentals in certain neighborhoods. Some Ohio municipalities also impose minimum stay requirements, so it's worth confirming whether any such rules are in effect locally.
STR hosts in Ohio are generally subject to state sales tax and county lodging or transient occupancy taxes, which platforms like Airbnb often collect and remit on the host's behalf. Investors should confirm whether Ashtabula County imposes an additional bed tax and ensure all obligations are met to avoid penalties.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Ashtabula can provide current regulatory guidance.
Financing an Airbnb investment in Ashtabula requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Ashtabula's summer-driven revenue cycle is expected to remain the primary earnings engine, with June through August likely accounting for the bulk of annual income. ADR could edge up modestly — estimates suggest 1–3% — as the small supply base limits downward pricing pressure during peak season. However, winter occupancy will probably stay in the low-to-mid teens percentage-wise, so investors should budget conservatively for off-peak months. Listing growth has been notable at 185% year-over-year, which bears watching as additional supply could temper per-listing returns if demand doesn't keep pace."
— 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 Mar, 17 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, HOA rules, and tax obligations vary and should be independently verified before investing.
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