Middletown, OH Airbnb Market Data, Statistics, and Occupancy Rates

Middletown Short-Term Rental Market Overview

Middletown, OH is a compact short-term rental market with just 32 active Airbnb listings and an average annual revenue of $22,933 per property. With an ADR of $160—well below Ohio's $250 state average—and home values around $455K, the market offers an accessible entry point for investors seeking favorable revenue-to-price ratios. The small supply base and 47% year-over-year listing growth signal rising investor interest, though below-average occupancy at 29% warrants careful property selection and pricing strategy.

Key Market Statistics

According to Rabbu market data, the Middletown 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 Middletown

Middletown appeals to investors looking for affordable Ohio real estate with solid revenue-to-price fundamentals and a still-emerging competitive landscape.

Expert Market Assessment

"Middletown presents a moderate investment opportunity, best suited for investors comfortable with a smaller, emerging market that carries some occupancy risk. The ROI score of 57 out of 100 reflects average revenue-to-price and growth metrics tempered by below-average occupancy stability. Seasonality is a meaningful factor—revenue peaks from March through October with May topping out near $2,538, while January dips to just $944, creating a roughly 2.7x spread between high and low months. Investors who target 3- or 4-bedroom properties and manage through the winter slowdown with strategic pricing should find the math workable."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Middletown

Average revenue by month in Middletown

Middletown shows clear seasonality, with May ($2,538) and August ($2,387) leading as peak revenue months, while January ($944) marks the low point—a spread of nearly $1,600 between best and worst months. The eight-month window from March through October consistently delivers above-average returns, giving investors a solid earning season before the winter slowdown.

Active Airbnb listings by property size in Middletown

Three-bedroom properties dominate Middletown's supply with 13 of the 32 active listings, followed by 4-bedroom homes (7) and 1-bedroom units (6). The absence of 2-bedroom listings in the data could represent an underserved niche worth exploring for investors seeking less direct competition.

Average daily rate (ADR) by property size in Middletown

ADR scales predictably with size in Middletown, climbing from $111 for 1-bedroom units to $150 for 3-bedrooms and $188 for 4-bedroom properties. The jump from 3 to 4 bedrooms adds $38 per night, making larger homes the most compelling from a nightly rate perspective.

Average RevPAN by property size in Middletown

Four-bedroom properties deliver the strongest RevPAN at $67, more than triple the $20 earned by 1-bedroom units and well above the $43 for 3-bedroom homes. This gap underscores how higher ADR and better occupancy combine to make larger properties the most efficient revenue generators in this market.

Average occupancy rates by property size in Middletown

Occupancy increases steadily with property size: 1-bedroom listings fill just 18% of available nights, 3-bedrooms reach 29%, and 4-bedroom homes lead at 36%. Smaller units face a notable cash-flow challenge, as their low occupancy compounds with lower nightly rates to produce significantly reduced revenue.

Average monthly revenue by property size in Middletown

Monthly revenue varies dramatically by property size, with 4-bedroom homes averaging $2,532 compared to $1,907 for 3-bedroom properties and just $958 for 1-bedroom units. The gap between 1-bedroom and 4-bedroom monthly income is roughly 2.6x, making larger properties clearly more attractive for revenue-focused investors.

Average annual revenue by property size in Middletown

Four-bedroom properties top the annual revenue chart at $30,390, followed by 3-bedroom homes at $22,887 and 1-bedroom units at $11,499. For investors weighing return potential, 4-bedroom homes generate nearly three times the annual revenue of 1-bedrooms, though this must be balanced against higher acquisition and operating costs.

Most common amenities for Airbnb listings in Middletown

Parking (94%), kitchen access (91%), and self check-in (88%) are near-universal among Middletown listings, establishing a clear baseline of guest expectations. Outdoor amenities like backyards (75%) and patios (66%) are also highly common, suggesting that properties without these features may struggle to compete, while differentiators like hot tubs (3%) and gyms (6%) remain rare opportunities to stand out.

Understanding Middletown's ROI Score: 57/100

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

Middletown's ROI Score of 57 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where revenue-to-price fundamentals are average and growth trends remain steady, but occupancy stability sits below average and could limit returns for less competitive listings. The supply-demand balance reads as average, suggesting the market isn't yet oversaturated despite 47% year-over-year listing growth. Investors should pair these metrics with thorough local regulatory research and a realistic assessment of seasonal income variability before committing capital.

Short-Term Rental Regulations in Middletown

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

Permit Requirements

Middletown, OH may require short-term rental operators to obtain a permit or business registration before listing their property. Investors should verify current requirements directly with the City of Middletown and Butler County, as local STR regulations can change and may differ from state-level guidelines.

Key Restrictions

Common restrictions in Ohio municipalities can include occupancy limits based on bedroom count, minimum stay requirements, noise ordinances, parking mandates, and caps on the number of permits issued. HOA and neighborhood deed restrictions may also apply and should be reviewed before purchasing an investment property.

Tax Obligations

Short-term rental hosts in Ohio are generally subject to state sales tax and local lodging or transient occupancy taxes. Many booking platforms collect and remit these taxes on behalf of hosts, but operators should confirm their specific obligations with the Ohio Department of Taxation and local tax authorities.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Middletown's STR market is likely to see continued supply growth as new hosts enter the market, which could moderate occupancy rates that already sit below the state average. Revenue should follow a seasonal pattern with peaks from March through October, where monthly earnings can reach $2,200–$2,500, before softening during winter. Investors who target larger properties—particularly 4-bedroom homes—and dial in competitive pricing may see ADR hold steady or edge up 1–3%, but occupancy stabilization will be the key metric to watch as the listing count expands."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Middletown, OH

What is the average Airbnb occupancy rate in Middletown?

The average Airbnb occupancy rate in Middletown, OH is currently 29%, which falls below the Ohio state average of 34%. Occupancy varies considerably by property size, with 4-bedroom homes averaging 36% while 1-bedroom units average just 18%. Investors should factor this relatively modest occupancy into their revenue projections and focus on competitive pricing and standout amenities to improve booking rates.

How much do Airbnb hosts make in Middletown?

Airbnb hosts in Middletown earn an average of $1,911 per month, or approximately $22,933 per year, based on trailing 12-month performance data. Revenue varies significantly by property size: 1-bedroom listings average around $958 per month, 3-bedroom properties bring in about $1,907, and 4-bedroom homes lead at roughly $2,532 monthly. Peak earning months run from March through October, with May typically being the strongest at around $2,538.

Is Middletown a good market for Airbnb investment?

Middletown earns a Rabbu ROI Score of 57 out of 100, placing it in the "Attractive Opportunity" category. The market benefits from an average revenue-to-price ratio and a still-small supply of only 32 listings, which gives well-managed properties a competitive edge. However, below-average occupancy stability means investors should plan for seasonal income swings and target larger property sizes—especially 4-bedroom homes—where returns are strongest.

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

The average daily rate for Airbnb listings in Middletown is $160, which is notably lower than the $250 Ohio state average. ADR scales with property size: 1-bedroom units average $111, 3-bedroom homes come in at $150, and 4-bedroom properties command the highest rate at $188. This pricing structure keeps Middletown accessible for budget-conscious travelers and may appeal to guests looking for affordable alternatives to nearby metros.

Are short-term rentals legal in Middletown?

Short-term rentals are generally permitted in Middletown, OH, but hosts may need to obtain permits, register their property, or meet certain local requirements. Regulations can vary and are subject to change, so prospective investors should consult with the City of Middletown and review any applicable HOA or neighborhood restrictions before purchasing or listing a property.

When is peak season for Airbnb in Middletown?

Peak season for Airbnb in Middletown runs from roughly March through October, with May being the highest-earning month at an average of $2,538 in revenue. August and October also perform well at $2,387 and $2,272 respectively. The off-season hits hardest in January, when average revenue drops to $944—about 37% of the May peak—so investors should plan their cash flow around this pronounced seasonal swing.

How many Airbnbs are there in Middletown?

As of April 2026, there are 32 active Airbnb listings in Middletown, OH. The market has experienced significant growth, with a 47% year-over-year increase in active listings. Three-bedroom properties make up the largest share of supply with 13 listings, followed by 4-bedroom homes (7 listings) and 1-bedroom units (6 listings). The relatively small market size means individual listings can have a meaningful impact on overall market dynamics.

How is Airbnb revenue calculated in Middletown?

The annual and monthly revenue figures shown for Middletown are derived from the trailing 12 months of historical booking performance across 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 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 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 and property size
• Average daily rate, occupancy, and RevPAN metrics benchmarked against state averages
• Monthly and annual revenue estimates based on trailing 12-month booking performance
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to identify guest expectations and competitive differentiators

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 current snapshots as of April 2026; market conditions may have shifted since the last update. Local regulations, HOA rules, and tax obligations vary and should be independently verified before making any investment decisions.