Cleveland, TN Airbnb Market Data, Statistics, and Occupancy Rates

Cleveland Short-Term Rental Market Overview

Cleveland, TN is a compact short-term rental market with 74 active Airbnb listings and an average annual revenue of $19,672 per property. With an ADR of $139—well below the Tennessee state average of $309—and occupancy sitting at 26%, the market rewards selective investors who can identify properties with strong guest appeal rather than those relying on broad demand. A 166% year-over-year increase in active listings signals growing investor interest, though that rapid supply growth also underscores the importance of differentiation.

Key Market Statistics

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

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Cleveland

Investors look at Cleveland for its affordable home prices relative to Tennessee peers and the potential to capture leisure and regional travel demand in a smaller-market setting.

Expert Market Assessment

"Cleveland presents a competitive opportunity where deal selection matters more than market-level tailwinds. The ROI score of 47 out of 100 reflects below-average revenue-to-price ratios and supply/demand dynamics, while occupancy stability sits at average levels. Seasonal revenue swings are notable—July peaks at $2,408 while January dips to just $599—so investors need to plan for lean winter months. Properties that can capture the stronger summer-through-fall demand window and maintain reasonable occupancy year-round have the best shot at generating meaningful returns."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Cleveland

Average revenue by month in Cleveland

Cleveland's revenue cycle shows sharp seasonality, with July ($2,408) delivering roughly four times the revenue of January ($599). A secondary peak occurs in October at $2,223, making the summer-to-fall corridor the most productive earning window for hosts, while Q1 represents a clear soft period that investors should plan around.

Active Airbnb listings by property size in Cleveland

Supply is fairly evenly distributed with 24 one-bedroom, 20 two-bedroom, and 19 three-bedroom listings making up the market. The relatively balanced spread means no single property size is dramatically underserved, though the slight tilt toward 1-bedrooms suggests investor entry favors lower-cost configurations.

Average daily rate (ADR) by property size in Cleveland

ADR scales predictably with size, rising from $98 for 1-bedroom listings to $155 for 3-bedrooms—a 58% premium. For investors, the jump from 2-bedrooms ($127) to 3-bedrooms ($155) is notable given that 3-bedroom properties also lead in RevPAN, suggesting the extra bedroom earns its keep.

Average RevPAN by property size in Cleveland

Three-bedroom properties lead RevPAN at $43 per available night, outperforming both 1-bedrooms ($35) and 2-bedrooms ($21) by a wide margin. The 2-bedroom segment's notably low RevPAN suggests these mid-size units struggle to maintain sufficient occupancy relative to their rate, making them the least efficient configuration in this market.

Average occupancy rates by property size in Cleveland

One-bedroom units achieve the highest occupancy at 36%, while 3-bedrooms come in at 28% and 2-bedrooms lag significantly at just 17%. The low 2-bedroom occupancy is a red flag for that segment's cash-flow reliability, whereas 1-bedrooms offer the steadiest booking volume for investors prioritizing consistency.

Average monthly revenue by property size in Cleveland

Three-bedroom listings lead monthly revenue at $2,048, outpacing 2-bedrooms ($1,346) by over 50% and 1-bedrooms ($1,269) by 61%. The gap underscores that while smaller units fill more consistently, larger properties translate their higher nightly rates into meaningfully better top-line revenue.

Average annual revenue by property size in Cleveland

On an annual basis, 3-bedroom properties generate $24,586—roughly $8,400 to $9,350 more than their smaller counterparts. One-bedrooms at $15,235 and 2-bedrooms at $16,156 produce similar annual totals, reinforcing that the 3-bedroom configuration offers the strongest return potential in Cleveland's current market.

Most common amenities for Airbnb listings in Cleveland

Kitchen and parking are near-universal at 96% of listings, establishing them as baseline expectations rather than differentiators. Self check-in (88%), washer (82%), and dryer (84%) round out the essentials, while features like pools (5%) and lake access (3%) remain rare—offering potential competitive advantages for properties that can provide them.

Understanding Cleveland's ROI Score: 47/100

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

Cleveland's ROI score of 47 out of 100 places it in the 'Competitive Opportunity' band, reflecting a market where returns are achievable but not effortless. The below-average revenue-to-price ratio and supply/demand balance signal that rising competition and moderate yields require careful property selection, while average occupancy stability provides a reasonable demand floor. Investors should pair this data with thorough local regulatory research and focus on 3-bedroom properties where the revenue math is strongest.

Short-Term Rental Regulations in Cleveland

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

Permit Requirements

Short-term rental operators in Cleveland, Tennessee may need to obtain a local business license or STR permit before listing their property. Investors should verify current registration and permitting requirements with the City of Cleveland and the State of Tennessee, as rules can change.

Key Restrictions

Common restrictions for STR properties in markets like Cleveland can include occupancy limits, noise ordinances, parking requirements, and minimum stay rules. HOA covenants may also impose additional limitations, so it's important to review any applicable community rules before purchasing an investment property.

Tax Obligations

Tennessee imposes a state sales tax and local occupancy taxes on short-term rentals, and Cleveland may have its own lodging tax requirements as well. Major platforms like Airbnb often collect and remit some of these taxes automatically, but hosts should confirm their full obligations with a local tax professional.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Cleveland's STR market is likely to remain competitive as new supply continues entering the market. Revenue seasonality suggests hosts can expect peak earnings in the $2,000–$2,400 range during summer and fall months, with softer periods in January and February pulling monthly averages closer to $600–$900. ADR may see modest pressure given the supply expansion, though well-positioned 3-bedroom properties should continue to command premiums. Investors entering this market should plan conservatively and budget for meaningful revenue swings across the calendar year."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Cleveland, TN

What is the average Airbnb occupancy rate in Cleveland?

The average Airbnb occupancy rate in Cleveland, TN is currently 26%, which trails the Tennessee state average of 29%. Occupancy varies significantly by property size—1-bedroom units lead at 36%, while 2-bedroom listings average just 17%. Hosts who optimize pricing and maintain high guest ratings can often outperform the market average.

How much do Airbnb hosts make in Cleveland?

Airbnb hosts in Cleveland, TN earn an average of $1,639 per month, or roughly $19,672 annually, based on trailing 12-month booking data. Revenue varies by property size: 3-bedroom listings average $2,048 per month ($24,586 annually), while 1-bedroom units average $1,269 per month ($15,235 annually). Peak months like July can push monthly earnings above $2,400.

Is Cleveland a good market for Airbnb investment?

Cleveland earns a Rabbu ROI Score of 47 out of 100, placing it in the 'Competitive Opportunity' category. This means there is genuine demand, but higher home prices relative to rental income and a rapidly growing supply base require investors to be more selective in their deal sourcing. Three-bedroom properties tend to deliver the strongest returns, and success hinges on property quality, pricing strategy, and managing seasonal revenue fluctuations.

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

The average daily rate for Airbnb listings in Cleveland, TN is $139, which is significantly below the Tennessee state average of $309. ADR scales with property size: 1-bedroom listings average $98, 2-bedrooms average $127, and 3-bedrooms command $155 per night. The lower ADR reflects Cleveland's positioning as a more affordable market within the state.

Are short-term rentals legal in Cleveland?

Short-term rentals are generally permitted in Cleveland, TN, though operators may need to secure a local business license or STR-specific permit. Tennessee also imposes state-level tax obligations on short-term rentals. Regulations can evolve, so prospective investors should confirm current rules directly with the City of Cleveland and consult local legal or tax professionals before listing a property.

When is peak season for Airbnb in Cleveland?

Peak season for Airbnb in Cleveland runs from late spring through fall, with July generating the highest average revenue at $2,408 per listing. October ($2,223) and November ($2,014) also deliver strong performance, likely driven by fall foliage and regional events. The slowest months are January ($599) and February ($883), creating a pronounced seasonal revenue gap that investors should factor into their cash-flow planning.

How many Airbnbs are there in Cleveland?

Cleveland, TN currently has 74 active Airbnb listings as of April 2026. The supply is relatively evenly distributed across property sizes, with 24 one-bedroom, 20 two-bedroom, and 19 three-bedroom listings. Notably, active listings have grown 166% year over year, indicating significant new investor interest in the market.

How is Airbnb revenue calculated in Cleveland?

The annual and monthly revenue figures for Cleveland are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remainder 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. 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 for the Cleveland, TN market
• Average daily rate, occupancy, and RevPAN metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month booking data
• Property-level amenity prevalence across active listings
• Home value data sourced from the Zillow Home Value Index (ZHVI)

Sources and disclaimers

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 performance and market conditions as of the dates noted; actual results will vary based on property quality, pricing, and management. Local regulations, tax requirements, and market dynamics can change—investors should conduct independent due diligence before purchasing.