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

Vermilion Short-Term Rental Market Overview

Vermilion, OH is a small Lake Erie market with just 35 active Airbnb listings and an ROI score of 69 out of 100, placing it in the "Attractive Opportunity" tier. With an above-average revenue-to-price ratio and strong occupancy stability, the market benefits from pronounced summer demand that drives average annual revenue to nearly $40,000 per listing. Average home values sit around $404,547, and the combination of lakefront appeal and manageable competition makes Vermilion worth a closer look for STR investors seeking seasonal waterfront markets.

Key Market Statistics

According to Rabbu market data, the Vermilion 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 Vermilion

Vermilion attracts STR investors because its lakefront location supports premium summer pricing against relatively affordable property values, creating a favorable revenue-to-price dynamic.

Expert Market Assessment

"Vermilion presents a moderately strong opportunity for STR investors who are comfortable with a highly seasonal revenue profile. The market scores well on revenue-to-price ratio and occupancy stability, but the sharp contrast between peak summer months (July at $8,582) and winter lows (January at $589) means cash-flow planning is critical. With supply still relatively thin at 35 listings and above-average demand signals, there's room for well-appointed properties — particularly larger homes — to capture outsized returns during the May-through-September corridor."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Vermilion

Average revenue by month in Vermilion

Vermilion's revenue profile is sharply seasonal, peaking in July at $8,582 and bottoming in January at just $589 — a roughly 14.5x spread that underscores the dominance of summer lake tourism. The May-through-August window accounts for the vast majority of annual earnings, so investors should plan for lean winter months when budgeting cash flow.

Active Airbnb listings by property size in Vermilion

Three-bedroom properties dominate supply with 14 of the 35 active listings, followed by 2-bedrooms at 9 and 1-bedrooms at 6. Notably, there are no 4-bedroom listings currently active, which may represent an underserved niche for investors looking to differentiate between the popular 3-bedroom and premium 5-bedroom segments.

Average daily rate (ADR) by property size in Vermilion

ADR scales steeply with size in Vermilion — from $114 for 1-bedroom units up to $421 for 5-bedroom properties, nearly a 4x premium. The jump from 2-bedrooms ($156) to 3-bedrooms ($250) is particularly notable, suggesting that the extra bedroom unlocks meaningful pricing power for group and family travelers.

Average RevPAN by property size in Vermilion

Five-bedroom properties deliver the highest RevPAN at $67, followed by 3-bedrooms at $54, reflecting their ability to combine strong nightly rates with sufficient bookings. Two-bedroom listings lag at $31 RevPAN, making them the least efficient earners on a per-available-night basis despite their moderate supply share.

Average occupancy rates by property size in Vermilion

One-bedroom listings lead occupancy at 33%, well above the market average of 22%, likely benefiting from affordability and couples' getaway demand. Larger properties trade lower occupancy — 5-bedrooms sit at just 16% — for substantially higher nightly rates, a trade-off that still favors bigger homes on a total revenue basis.

Average monthly revenue by property size in Vermilion

Five-bedroom properties are the clear top earners at $8,917 per month on average, more than double the $3,630 that 3-bedroom listings generate. One-bedroom units bring in the least at $1,512 monthly, highlighting how revenue in this lakefront market is heavily tilted toward larger, group-oriented accommodations.

Average annual revenue by property size in Vermilion

Annual revenue climbs dramatically with size: 1-bedroom listings average $18,155, while 5-bedroom properties generate approximately $107,012 — nearly six times as much. For investors targeting the strongest return potential, larger homes clearly offer the best revenue upside in Vermilion, though they also come with higher acquisition and maintenance costs to factor in.

Most common amenities for Airbnb listings in Vermilion

Kitchens (100%) and parking (97%) are effectively mandatory in Vermilion, while outdoor-oriented amenities like BBQ grills (63%), backyards (60%), and patios (51%) reflect the market's lakeside leisure positioning. Lake access (26%) and waterfront location (20%) are present in a meaningful minority of listings, suggesting these features can serve as strong differentiators for premium pricing.

Understanding Vermilion's ROI Score: 69/100

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

Vermilion's ROI score of 69 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio and above-average occupancy stability — two factors that together account for 70% of the score's weighting. Market growth trend and supply/demand balance both register as average, suggesting the market is neither overheated nor stagnant. Investors should pair these metrics with local regulatory research and a realistic seasonal cash-flow model before committing capital.

Short-Term Rental Regulations in Vermilion

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

Permit Requirements

Short-term rental operators in Vermilion, Ohio may need to register or obtain a permit from the city before listing their property. Investors should verify current requirements directly with the City of Vermilion and Erie County, as local STR regulations can change.

Key Restrictions

Common restrictions in Ohio lakefront communities can include occupancy limits tied to bedroom count, minimum-stay requirements, noise and nuisance ordinances, and parking provisions. HOA covenants in certain neighborhoods may also limit or prohibit short-term rentals, so reviewing deed restrictions before purchasing is essential.

Tax Obligations

Ohio imposes state sales tax and county lodging taxes on short-term rental income, and Vermilion may assess additional local transient occupancy taxes. Platforms like Airbnb often collect and remit some of these taxes on behalf of hosts, but operators should confirm their full tax obligations with Ohio's Department of Taxation.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Vermilion's summer-heavy demand cycle should continue to anchor performance, with July and August likely generating $7,500–$8,600 in average monthly revenue per listing. The 133% year-over-year growth in active listings signals rising investor interest, which could moderate occupancy rates if supply outpaces demand — though average market growth trends remain steady. Investors should anticipate ADR holding near the current $231 level or seeing modest gains of 1–3% as the market matures, while off-season months from November through March will likely remain soft, averaging below $1,500 per month."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Vermilion, OH

What is the average Airbnb occupancy rate in Vermilion?

The average occupancy rate for Airbnb listings in Vermilion is currently 22%, which is below the Ohio state average of 34%. This reflects the market's strong seasonality — occupancy surges during the summer months when Lake Erie tourism peaks and drops significantly in winter. One-bedroom properties tend to stay fullest at 33% average occupancy, while larger 5-bedroom homes average around 16%, though they compensate with much higher nightly rates.

How much do Airbnb hosts make in Vermilion?

Airbnb hosts in Vermilion earn an average of $3,331 per month or approximately $39,976 per year based on trailing 12-month data. Revenue varies dramatically by season and property size — 5-bedroom properties average $8,917 per month and roughly $107,012 annually, while 1-bedroom units bring in about $1,512 per month. Peak summer months like July can generate over $8,500 in average revenue, making the warm-weather season the primary earnings driver.

Is Vermilion a good market for Airbnb investment?

Vermilion earns a Rabbu ROI Score of 69 out of 100, categorized as an "Attractive Opportunity." The market benefits from an above-average revenue-to-price ratio and solid occupancy stability, supported by Lake Erie tourism. The main consideration is seasonality — the bulk of revenue is concentrated between May and September. Investors who can manage carrying costs through the quieter winter months and target larger properties will find the strongest return potential here.

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

The average daily rate in Vermilion is $231, slightly below the Ohio state average of $250. Rates scale meaningfully with property size: 1-bedroom listings average $114 per night, 2-bedrooms average $156, 3-bedrooms reach $250, and 5-bedroom properties command $421 per night. This pricing structure rewards investors who can offer larger, group-friendly accommodations.

Are short-term rentals legal in Vermilion?

Short-term rentals do operate in Vermilion, OH, with 35 active Airbnb listings currently on the market. However, local regulations regarding permits, zoning, and operational requirements can evolve, so prospective investors should verify the latest rules with the City of Vermilion and Erie County before purchasing a property. Checking for any HOA restrictions is also recommended.

When is peak season for Airbnb in Vermilion?

Peak season in Vermilion runs from June through August, with July leading at $8,582 in average monthly revenue followed by August at $7,625 and June at $6,343. The shoulder months of May ($4,009) and September ($3,430) also perform respectably. The off-season spans November through March, when monthly revenues typically range from $589 to $1,455.

How many Airbnbs are there in Vermilion?

There are currently 35 active Airbnb listings in Vermilion as of April 2026. The supply has grown 133% year over year, indicating increasing investor interest in the market. Three-bedroom properties make up the largest share with 14 listings, followed by 2-bedrooms (9), 1-bedrooms (6), and 5-bedrooms (5). No 4-bedroom listings are currently active, which could represent a gap in the market.

How is Airbnb revenue calculated in Vermilion?

The annual and monthly revenue figures shown for Vermilion 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 remaining data 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 how actively the listing is managed.

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, occupancy, and rate data for the Vermilion market
• Historical revenue and yield metrics based on trailing 12-month booking performance
• Property size breakdowns for listings, daily rates, occupancy, and revenue
• Amenity prevalence data across active short-term rental listings
• Home value benchmarks 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 12-month averages and current snapshots; actual market conditions may shift due to regulatory changes, economic factors, or seasonal variation. Individual property results will vary based on location, condition, pricing strategy, and management quality.