Chagrin Falls, OH Airbnb Market Data, Statistics, and Occupancy Rates

Chagrin Falls Short-Term Rental Market Overview

Chagrin Falls, OH stands out as a compact yet compelling short-term rental market, with just 26 active listings and an average occupancy rate of 42% — well above the 34% Ohio state average. Annual revenue averages $37,726 per listing, and the market's favorable supply/demand balance suggests there's still room for well-positioned properties to capture guest demand without facing oversaturation. The village's charming downtown, proximity to Cleveland, and seasonal appeal make it a distinctive niche for STR investors seeking an alternative to larger metro markets.

Key Market Statistics

According to Rabbu market data, the Chagrin Falls short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Chagrin Falls

Investors are drawn to Chagrin Falls for its above-average occupancy, limited supply, and the premium that a charming village setting commands relative to larger Ohio markets.

Expert Market Assessment

"Chagrin Falls represents an attractive opportunity for STR investors willing to operate in a smaller, character-driven market. The ROI score of 67 out of 100 reflects a healthy balance between revenue potential and property costs, bolstered by above-average occupancy stability and favorable supply/demand dynamics. Seasonality is pronounced — July peaks at $4,588 in average monthly revenue while January dips to $1,516 — so investors should plan cash flow around a roughly 3:1 high-to-low seasonal swing. Larger properties, particularly three-bedroom units, deliver the strongest returns and deserve close attention from anyone evaluating this market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Chagrin Falls

Average revenue by month in Chagrin Falls

Revenue in Chagrin Falls follows a clear seasonal arc, peaking in July at $4,588 and bottoming out in January at $1,516 — a roughly 3x spread that investors need to account for in cash-flow planning. The May-through-October stretch consistently delivers above-average months, making summer and early fall the primary revenue drivers.

Active Airbnb listings by property size in Chagrin Falls

One-bedroom units make up the largest share of supply at 10 listings, while two- and three-bedroom properties are evenly split at 7 each. Given that three-bedroom homes significantly outperform on revenue and occupancy, the relatively low supply of larger units may represent an opportunity for investors targeting higher-earning configurations.

Average daily rate (ADR) by property size in Chagrin Falls

ADR scales sharply with size in Chagrin Falls — from $128 for one-bedroom listings to $275 for three-bedroom properties, more than doubling the nightly rate. The jump from one to two bedrooms ($128 to $244) is particularly steep, suggesting that even a modest increase in property size unlocks a substantial pricing premium.

Average RevPAN by property size in Chagrin Falls

Three-bedroom properties deliver the strongest RevPAN at $143, nearly triple the $49 earned by one-bedroom units and well above the $87 for two-bedrooms. This gap reflects both higher nightly rates and superior occupancy, making three-bedroom listings the most efficient revenue generators on a per-available-night basis.

Average occupancy rates by property size in Chagrin Falls

Three-bedroom properties lead occupancy at 52%, significantly outpacing one-bedrooms (38%) and two-bedrooms (36%). This pattern suggests that guests visiting Chagrin Falls tend to travel in groups or families, rewarding investors who offer spacious accommodations with more consistent bookings.

Average monthly revenue by property size in Chagrin Falls

Monthly revenue climbs steadily with property size: one-bedrooms average $2,036, two-bedrooms reach $3,274, and three-bedrooms top the market at $4,861. The nearly $2,800 monthly gap between one- and three-bedroom units underscores how much additional income larger properties can capture.

Average annual revenue by property size in Chagrin Falls

Three-bedroom properties generate an average of $58,343 annually — roughly 2.4 times the $24,435 earned by one-bedroom units and nearly 50% more than two-bedrooms at $39,297. For investors evaluating acquisition costs against income potential, three-bedroom homes clearly offer the strongest revenue profile in this market.

Most common amenities for Airbnb listings in Chagrin Falls

Parking is universal at 100% of listings, reflecting the car-dependent nature of the area, while kitchens (89%), washer/dryer (81%), and self check-in (73%) round out the essentials. Outdoor amenities like backyards (62%), patios (62%), and BBQ grills (58%) are also prevalent, signaling that guests expect a comfortable, home-like experience with private outdoor space — a must-have for competitive listings here.

Understanding Chagrin Falls's ROI Score: 67/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

With an ROI score of 67 out of 100, Chagrin Falls lands in the 'Attractive Opportunity' band, reflecting a market where revenue potential aligns reasonably well with property costs. Above-average marks in occupancy stability and supply/demand balance are the standout strengths, suggesting that demand is resilient and competition among hosts remains manageable. Investors should pair these metrics with local regulatory research and a close look at acquisition costs — average home values of $766,500 mean the revenue-to-price ratio sits at an average level rather than a bargain.

Short-Term Rental Regulations in Chagrin Falls

Understanding local STR regulations is essential before investing in Chagrin Falls. Here's the current regulatory landscape:

Permit Requirements

Hosts operating short-term rentals in Chagrin Falls, Ohio may be required to obtain permits or register their property with local authorities. Investors should verify current requirements directly with the Village of Chagrin Falls and consult Cuyahoga County regulations before listing.

Key Restrictions

Common STR restrictions in Ohio municipalities can include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and HOA rules that may prohibit or limit rentals. Some communities also impose caps on the number of active permits, so it's worth confirming whether any such limits apply in Chagrin Falls before purchasing.

Tax Obligations

Short-term rental operators in Ohio are typically subject to state sales tax and local lodging or transient occupancy taxes. Platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full tax obligations with a local tax professional.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Chagrin Falls can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Chagrin Falls should continue to benefit from its above-average occupancy stability and tight supply. Seasonal patterns point to sustained summer peaks with revenues likely hovering around $4,000–$4,600 in the warmest months, while winter months may settle in the $1,500–$1,800 range. ADR growth of 2–4% is a reasonable estimate given average market growth trends, though individual results will depend on property quality and competitive positioning. The 108% year-over-year listing growth signals rising investor interest, so early movers may benefit from establishing a presence before supply catches up to demand."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Chagrin Falls, OH

What is the average Airbnb occupancy rate in Chagrin Falls?

The average Airbnb occupancy rate in Chagrin Falls is currently 42%, which is notably higher than the 34% Ohio state average. This above-average rate reflects healthy guest demand relative to the small supply of just 26 active listings. Three-bedroom properties perform especially well, reaching 52% occupancy, while one- and two-bedroom units hover in the 36–38% range.

How much do Airbnb hosts make in Chagrin Falls?

On average, Airbnb hosts in Chagrin Falls earn approximately $3,143 per month, or about $37,726 annually based on trailing 12-month performance. Earnings vary significantly by property size: one-bedroom listings average $24,435 per year, two-bedrooms bring in around $39,297, and three-bedroom properties lead at $58,343 annually. Peak summer months like July can push monthly revenue above $4,500.

Is Chagrin Falls a good market for Airbnb investment?

Chagrin Falls scores 67 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. The market benefits from above-average occupancy stability and a favorable supply/demand balance, with only 26 active listings competing for guest bookings. However, average home values sit at $766,500, so investors should carefully evaluate whether projected revenues align with their acquisition costs and financing terms.

What is the average daily rate (ADR) for Airbnb in Chagrin Falls?

The average daily rate in Chagrin Falls is $211, which comes in below the $250 Ohio state average. Rates scale meaningfully with property size — one-bedroom listings average $128 per night, two-bedrooms command $244, and three-bedroom properties reach $275. This pricing structure suggests that larger, well-appointed homes can capture a significant premium.

Are short-term rentals legal in Chagrin Falls?

Short-term rentals operate in Chagrin Falls, as evidenced by 26 active Airbnb listings in the market. However, specific permit requirements, zoning restrictions, and local regulations may apply. Investors should verify legality and any registration or licensing obligations directly with the Village of Chagrin Falls and relevant Cuyahoga County authorities before purchasing or listing a property.

When is peak season for Airbnb in Chagrin Falls?

Peak season in Chagrin Falls runs from June through August, with July being the highest-earning month at an average of $4,588 in revenue. The summer months collectively average over $4,000 per month. Shoulder months like May, September, and October still perform well in the $3,400–$3,600 range, while January and February are the slowest period, averaging $1,516 and $1,748 respectively.

How many Airbnbs are there in Chagrin Falls?

As of April 2026, there are 26 active Airbnb listings in Chagrin Falls. This relatively small supply is distributed across one-bedroom (10 listings), two-bedroom (7 listings), and three-bedroom (7 listings) properties. Year-over-year listing growth of 108% indicates that the market is attracting new hosts, though it remains a compact and low-competition environment.

How is Airbnb revenue calculated in Chagrin Falls?

The annual and monthly revenue figures for Chagrin Falls are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, and operational management.

About Rabbu Market Data

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.

What this data includes

• Regularly updated active Airbnb and STR listing counts by market
• Occupancy rates, average daily rates, and RevPAN trends across property sizes
• Monthly and annual revenue estimates based on trailing 12-month booking data
• Home value benchmarks sourced from Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings in the market

Sources and disclaimers

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 averages and may not capture very recent market shifts. Local regulations, HOA rules, and permit requirements can change; always verify with local authorities before investing.