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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Newark offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Newark, OH is a small but emerging short-term rental market with just 16 active Airbnb listings and average annual revenue of $19,850 per property. The market's ADR of $143 sits well below Ohio's $250 state average, but occupancy at 36% edges slightly above the 34% state benchmark — suggesting steady local demand even at modest price points. With average home values around $363,530 and a 167% year-over-year increase in active listings, Newark is drawing new investor attention while still offering relatively low competition.
According to Rabbu market data, the Newark short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 16 |
| Average Daily Rate (ADR) | vs. $250 state avg. | $143 |
| Average Occupancy Rate | vs. 34% state avg. | 36% |
| RevPAN | ADR * Occupancy Rate | $51 |
| Average Monthly Revenue | Historical 12-month average | $1,654 |
| Average Annual Revenue | Historical 12-month average | $19,850 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Newark appeals to investors seeking affordable Ohio real estate where modest but consistent rental income can generate reasonable returns relative to low acquisition costs.
Key investment factors
"Newark presents a moderate investment opportunity — its ROI score of 55 out of 100 reflects average revenue-to-price ratios and occupancy stability, tempered by below-average growth trends. The market has clear seasonal patterns, with revenue roughly doubling from January's $879 low to August's $2,202 peak, so cash-flow planning across the calendar year is essential. With only two property sizes tracked (2- and 3-bedroom), the market is compact and straightforward, making it accessible for first-time STR investors who can tolerate winter slowdowns in exchange for lower barriers to entry."
— Rabbu Market Analysis Team
Newark shows pronounced seasonality, with August peaking at $2,202 and January bottoming out at just $879 — a spread of roughly $1,300 between the best and worst months. The May-through-September corridor is the clear revenue engine, and investors should plan for four to five softer months where income drops below $1,500.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$879 |
| February |
|
$1,377 |
| March |
|
$1,396 |
| April |
|
$1,500 |
| May |
|
$1,962 |
| June |
|
$1,933 |
| July |
|
$2,086 |
| August |
|
$2,202 |
| September |
|
$1,921 |
| October |
|
$1,693 |
| November |
|
$1,524 |
| December |
|
$1,371 |
Supply is concentrated in just two property sizes: 2-bedroom listings (6) and 3-bedroom listings (5), with no data on studios, 1-bedroom, or 4+ bedroom properties. This narrow supply mix could signal an opportunity for investors willing to offer differentiated configurations like larger group-friendly homes or smaller studio-style units.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
6 |
| 3 bedrooms |
|
5 |
ADR scales modestly from $152 for 2-bedroom listings to $163 for 3-bedroom properties — just a $11 premium for the extra bedroom. This tight spread suggests that going bigger doesn't command a proportionally higher nightly rate in Newark, so the value proposition depends more on occupancy and overall revenue than on rate alone.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$152 |
| 3 bedrooms |
|
$163 |
RevPAN is nearly identical across property sizes, with 2-bedroom units at $52 and 3-bedroom units at $54 per available night. The slim $2 difference indicates that both configurations deliver comparable yield after accounting for occupancy, giving investors flexibility in which size they pursue.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$52 |
| 3 bedrooms |
|
$54 |
Occupancy rates are tightly clustered: 34% for 2-bedroom listings and 33% for 3-bedroom properties. This consistency suggests that demand isn't strongly favoring one property type over another, and both sizes face similar booking patterns and seasonal dynamics.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
34% |
| 3 bedrooms |
|
33% |
Interestingly, 2-bedroom listings outperform 3-bedroom properties on a monthly revenue basis, averaging $2,033 versus $1,532. This $500 gap likely reflects the slightly higher occupancy and possibly stronger demand for smaller, more affordable units among Newark's guest base.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$2,033 |
| 3 bedrooms |
|
$1,532 |
Two-bedroom listings lead with $24,406 in annual revenue compared to $18,393 for 3-bedroom properties — a meaningful 33% advantage. For investors weighing acquisition costs against return potential, 2-bedroom units appear to offer the stronger income profile in this market.
| Size | Trend | Value |
|---|---|---|
| 2 bedrooms |
|
$24,406 |
| 3 bedrooms |
|
$18,393 |
Kitchens and parking are universal at 100% of listings, signaling that guests in Newark expect these as non-negotiable basics. Self check-in (88%), washer/dryer (75%), and workspace (69%) round out the top amenities, pointing to a guest mix that values convenience and comfort — likely families and remote workers rather than luxury seekers.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
100% |
| Self Check-in |
|
88% |
| Dryer |
|
75% |
| Washer |
|
75% |
| Backyard |
|
69% |
| Workspace |
|
69% |
| Patio or Balcony |
|
44% |
| Pets |
|
44% |
| BBQ Grill |
|
38% |
| Outdoor Furniture |
|
38% |
| Hot Tub |
|
6% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Newark Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Below average | 15% |
| Supply/Demand Balance | Average | 15% |
Newark's ROI score of 55 out of 100 places it in the 'Attractive Opportunity' band, reflecting average marks in revenue-to-price ratio, occupancy stability, and supply/demand balance, but below-average market growth trends. The score suggests that while current fundamentals support a reasonable return, the market isn't on a strong upward trajectory — steady performance rather than rapid appreciation is the realistic expectation. Pairing this data with local regulatory research and a close look at property-level expenses will give investors the full picture before committing.
Understanding local STR regulations is essential before investing in Newark. Here's the current regulatory landscape:
Short-term rental operators in Newark, Ohio 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 Newark and Licking County, as regulations can change.
Common restrictions that may apply include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates. HOA rules can further limit STR activity in certain neighborhoods, and investors should confirm whether any permit caps or zoning restrictions are in effect before purchasing a property.
Ohio generally requires STR operators to collect and remit lodging or occupancy taxes, and some municipalities layer on additional local taxes. Platforms like Airbnb often handle a portion of tax collection automatically, but hosts should confirm their full 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 Newark can provide current regulatory guidance.
Financing an Airbnb investment in Newark requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Newark's STR market is likely to see continued supply growth as investor interest catches up to the area's affordable entry points, though below-average market growth trends suggest revenue expansion may be gradual. Expect summer months to remain the revenue anchor, with August historically delivering around $2,202 per listing — roughly 2.5 times what January produces. ADR could inch up 1–3% if demand holds and supply growth moderates, but occupancy will likely hover in the 33–38% range. Investors should plan for meaningful seasonal dips and budget accordingly for the slower winter months."
— 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 averages and may not capture very recent market shifts or regulatory changes. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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