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

Springfield Short-Term Rental Market Overview

Springfield, OH stands out as an affordable entry point for short-term rental investors, with an average home value of $303,225 and annual revenue averaging $20,408 across active listings. The market's above-average revenue-to-price ratio is its strongest asset, though occupancy at 27% trails the Ohio state average of 34%. With just 29 active Airbnb listings, competition remains thin — creating room for well-positioned properties to capture outsized share of local demand.

Key Market Statistics

According to Rabbu market data, the Springfield 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 Springfield

Springfield's low property costs relative to rental income, combined with a small competitive set, make it appealing for investors seeking favorable yield metrics in a Midwestern market.

Expert Market Assessment

"Springfield earns an "Attractive Opportunity" designation with an ROI score of 64 out of 100, driven primarily by its favorable revenue-to-price dynamics. The market exhibits noticeable seasonality — revenue climbs from around $915 in February to a peak of $2,447 in October — so investors should be prepared for a roughly 2.7x swing between the slowest and busiest months. The small supply of 29 listings and average occupancy stability suggest moderate but not explosive demand, making this a market better suited to cost-conscious investors who can optimize pricing and amenities rather than those expecting consistently full calendars year-round."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Springfield

Average revenue by month in Springfield

Springfield shows clear seasonality, with October leading at $2,447 and February bottoming out at $915 — a spread of over $1,500 between the best and weakest months. Revenue builds steadily from spring through fall, making the June-to-October window the primary earning season for investors.

Active Airbnb listings by property size in Springfield

Supply is perfectly balanced across 1-, 2-, and 3-bedroom properties, with 8 listings each accounting for the market's 29 total (with a few likely studios or 4+ bedrooms making up the remainder). This even distribution means no single property size is oversaturated, though investors may find differentiation opportunities by targeting underrepresented configurations like 4+ bedrooms.

Average daily rate (ADR) by property size in Springfield

ADR scales modestly with size — 1-bedroom and 2-bedroom listings are nearly identical at $139 and $140, while 3-bedroom properties command a $30 premium at $170 per night. The jump to 3 bedrooms offers a meaningful rate boost without the proportional cost increase of much larger properties.

Average RevPAN by property size in Springfield

Two-bedroom listings deliver the strongest RevPAN at $57, narrowly edging out 3-bedrooms at $55, while 1-bedroom units lag dramatically at just $12. The stark underperformance of 1-bedroom properties suggests their low occupancy (9%) more than offsets any cost advantages, making them a risky configuration in this market.

Average occupancy rates by property size in Springfield

Two-bedroom properties lead occupancy at 41%, followed by 3-bedrooms at 33%, while 1-bedroom listings struggle at just 9% — well below the market average. For investors prioritizing cash-flow consistency, 2-bedroom units clearly offer the most reliable booking volume in Springfield.

Average monthly revenue by property size in Springfield

Three-bedroom properties top monthly revenue at $2,176, with 2-bedrooms close behind at $1,941, while 1-bedroom units generate less than half that at $847. The revenue gap between 2- and 3-bedroom configurations is relatively narrow ($235/month), so investors should weigh acquisition and furnishing costs carefully when choosing between the two.

Average annual revenue by property size in Springfield

At $26,116 annually, 3-bedroom listings offer the highest revenue potential in Springfield, followed by 2-bedrooms at $23,302 and 1-bedrooms at $10,172. Given average home values of $303,225, 3-bedroom properties present the most compelling revenue-to-cost profile for investors targeting this market.

Most common amenities for Airbnb listings in Springfield

Parking is a universal expectation in Springfield, offered by 100% of listings, while kitchens (90%) and self check-in (76%) round out the top three must-haves. The prevalence of workspace (45%) and pet-friendly policies (41%) signals demand from extended-stay guests and families, suggesting investors who cater to these segments may gain a competitive edge.

Understanding Springfield's ROI Score: 64/100

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

Springfield's ROI score of 64 out of 100 places it in the "Attractive Opportunity" band, reflecting strong revenue-to-price dynamics (rated above average) balanced against average occupancy stability and supply/demand conditions. The below-average market growth trend is worth monitoring, especially as listing counts surged 171% year-over-year — rapid supply increases could pressure returns if demand doesn't keep pace. Investors should pair these metrics with local regulatory research and on-the-ground due diligence to validate the opportunity.

Short-Term Rental Regulations in Springfield

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

Permit Requirements

Springfield, Ohio may require short-term rental operators to obtain a permit or business registration before listing a property. Investors should verify current requirements directly with the City of Springfield and Clark County authorities before acquiring or operating an STR.

Key Restrictions

Common restrictions in Ohio municipalities can include occupancy limits, minimum stay requirements, noise ordinances, and parking mandates for STR properties. HOA rules and deed restrictions may impose additional limitations, so it's important to review all applicable covenants before committing to a purchase.

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 automatically, but operators should confirm their specific obligations with the Ohio Department of Taxation and local tax offices.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Springfield's STR market is likely to see continued supply growth following the 171% year-over-year increase in active listings, which could put modest pressure on occupancy rates unless demand keeps pace. Seasonal patterns suggest revenue should remain strongest from June through October, with ADR potentially holding steady or rising 1–3% as new hosts adjust pricing to the market. Investors entering now should plan for softer winter months — January and February revenue dipped below $1,000 historically — and budget accordingly for cash-flow management during the off-season."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Springfield, OH

What is the average Airbnb occupancy rate in Springfield?

The average Airbnb occupancy rate in Springfield, OH is currently 27%, which sits below the Ohio state average of 34%. Occupancy varies significantly by property size — 2-bedroom listings lead at 41%, while 1-bedroom units average just 9%. Investors targeting higher occupancy should focus on 2- or 3-bedroom configurations, which tend to attract more consistent bookings in this market.

How much do Airbnb hosts make in Springfield?

Airbnb hosts in Springfield earn an average of $1,700 per month and approximately $20,408 per year based on trailing 12-month performance data. Earnings vary by property size: 3-bedroom listings average $2,176 monthly ($26,116 annually), while 1-bedroom units bring in around $847 per month. Individual results depend on factors like pricing strategy, property condition, and guest experience.

Is Springfield a good market for Airbnb investment?

Springfield shows attractive potential for STR investment, earning a Rabbu ROI Score of 64 out of 100. Its standout feature is an above-average revenue-to-price ratio — average home values of $303,225 paired with $20,408 in annual revenue create favorable yield math compared to many Ohio markets. The trade-off is moderate occupancy and below-average market growth trends, so success here depends on effective property management and competitive positioning within a small but growing listing pool.

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

The average daily rate for Airbnb listings in Springfield is $172, which is below the Ohio state average of $250. ADR increases with property size: 1-bedroom listings average $139, 2-bedrooms come in at $140, and 3-bedroom properties command $170 per night. The lower ADR relative to the state reflects Springfield's positioning as an affordable market, which can work in investors' favor given correspondingly lower acquisition costs.

Are short-term rentals legal in Springfield?

Short-term rentals do operate in Springfield, OH, with 29 active Airbnb listings currently in the market. However, local regulations can change, and operators may need permits, licenses, or business registrations. Investors should check directly with the City of Springfield and relevant Clark County offices for the most current rules before listing a property.

When is peak season for Airbnb in Springfield?

Peak season in Springfield runs from roughly June through October, with October delivering the highest average monthly revenue at $2,447. July and August also perform well at around $2,040 and $2,029 respectively. The slowest months are January ($962) and February ($915), meaning investors should plan for a seasonal revenue dip of roughly 60% from peak to trough.

How many Airbnbs are there in Springfield?

There are currently 29 active Airbnb listings in Springfield, OH as of April 2026. The supply is evenly distributed across property sizes, with 8 listings each for 1-bedroom, 2-bedroom, and 3-bedroom properties. Notably, active listings have grown 171% year-over-year, signaling rising investor interest in the market.

How is Airbnb revenue calculated in Springfield?

The annual and monthly revenue figures for Springfield are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. 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. 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
• Average daily rate, occupancy, and RevPAN trends by property size
• Monthly and annual revenue metrics based on trailing 12-month booking data
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence and supply distribution across property configurations

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 as of April 2026 and may not capture very recent market shifts. Local regulations, permit requirements, and tax obligations can change — always verify with municipal authorities before investing.