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View PropertiesAs of Apr, 27 2026
Warsaw, OH is a micro-market with just 14 active Airbnb listings, offering a niche entry point for investors seeking low-competition environments. With an average daily rate of $193—below the $250 Ohio state average—and an occupancy rate of 18% compared to 34% statewide, performance here is modest. Average annual revenue sits at $26,490, so this market is best suited for investors with low acquisition costs who can capitalize on the area's outdoor and rural appeal.
According to Rabbu market data, the Warsaw short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 14 |
| Average Daily Rate (ADR) | vs. $250 state avg. | $193 |
| Average Occupancy Rate | vs. 34% state avg. | 18% |
| RevPAN | ADR * Occupancy Rate | $35 |
| Average Monthly Revenue | Historical 12-month average | $2,207 |
| Average Annual Revenue | Historical 12-month average | $26,490 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026.
Warsaw appeals to investors looking for a low-barrier entry into a small, competition-light market with outdoor recreation appeal and minimal listing saturation.
Key investment factors
"Warsaw presents a limited but interesting opportunity for the right investor profile. The 18% occupancy rate and $26,490 average annual revenue point to a market where returns depend heavily on keeping operating costs low and targeting peak demand windows. Seasonality is notable—June through November generates significantly stronger revenue than winter months, with June ($2,916) and November ($2,901) leading the pack. Investors who can acquire property affordably and appeal to outdoor recreation guests stand the best chance of generating positive cash flow here."
— Rabbu Market Analysis Team
Revenue peaks in June ($2,916) and November ($2,901), while January ($1,271) and February ($1,296) represent the softest months—a spread of roughly $1,645 between highs and lows. This pronounced seasonality means investors should plan cash reserves for winter and price aggressively during the warmer and fall months to maximize annual returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,271 |
| February |
|
$1,296 |
| March |
|
$1,840 |
| April |
|
$2,145 |
| May |
|
$2,152 |
| June |
|
$2,916 |
| July |
|
$2,502 |
| August |
|
$2,871 |
| September |
|
$1,977 |
| October |
|
$2,772 |
| November |
|
$2,901 |
| December |
|
$1,844 |
Property size breakdowns are not available for this market, likely due to the small sample of just 14 listings. Investors should conduct on-the-ground research to identify which bedroom configurations are most common and where gaps in supply may exist.
| Size | Trend | Value |
|---|
ADR data by property size is not currently available for Warsaw given the limited listing inventory. Investors evaluating different property configurations should compare against nearby Ohio markets to estimate rate potential by bedroom count.
| Size | Trend | Value |
|---|
RevPAN by property size data is unavailable for this micro-market. With an overall market RevPAN of $35, individual properties with strong amenities and marketing may be able to outperform the average significantly.
| Size | Trend | Value |
|---|
Occupancy breakdowns by bedroom count are not available, but the market-wide average of 18% suggests there is room for well-positioned listings to capture a disproportionate share of demand. Differentiating through amenities like hot tubs or lake access could meaningfully move the needle.
| Size | Trend | Value |
|---|
Monthly revenue by property size is not reported due to the small number of listings. The market-wide average of $2,207 per month provides a baseline, though individual performance will depend heavily on property features and seasonal pricing.
| Size | Trend | Value |
|---|
Annual revenue breakdowns by size are unavailable, but the overall market average of $26,490 gives investors a starting benchmark. Properties that can attract bookings during off-peak months will see the largest deviation above this figure.
| Size | Trend | Value |
|---|
Every listing in Warsaw offers a kitchen and parking, while 93% include a BBQ grill and 86% feature a patio or balcony—signaling a guest base that expects outdoor-oriented, self-sufficient accommodations. Notably, 29% of listings offer hot tub or waterfront access and 21% provide lake access, suggesting these premium amenities could serve as strong differentiators for capturing higher rates and occupancy.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
100% |
| BBQ Grill |
|
93% |
| Patio or Balcony |
|
86% |
| Self Check-in |
|
79% |
| Washer |
|
79% |
| Backyard |
|
71% |
| Dryer |
|
71% |
| Outdoor Furniture |
|
71% |
| Pets |
|
57% |
| Workspace |
|
50% |
| Hot Tub |
|
29% |
| Waterfront |
|
29% |
| Lake Access |
|
21% |
Understanding local STR regulations is essential before investing in Warsaw. Here's the current regulatory landscape:
Short-term rental operators in Warsaw, Ohio may need to register or obtain a permit depending on local ordinances and Coshocton County requirements. Investors should verify current permit and licensing obligations directly with Warsaw's municipal offices and the State of Ohio before listing a property.
Common restrictions that may apply include occupancy limits, noise ordinances, parking requirements, and minimum stay rules. Additionally, HOA covenants or deed restrictions in certain neighborhoods could limit or prohibit short-term rental activity, so reviewing property-level restrictions is essential before purchasing.
Ohio requires short-term rental hosts to collect and remit state sales tax and county lodging taxes, though platforms like Airbnb often handle a portion of this collection automatically. Investors should confirm their obligations with the Ohio Department of Taxation and local tax authorities to ensure full compliance.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Warsaw can provide current regulatory guidance.
Financing an Airbnb investment in Warsaw requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Warsaw's revenue patterns suggest continued seasonality with summer and fall months driving the bulk of earnings. Occupancy may remain in the 15–22% range given the market's small scale and rural setting, though targeted marketing and differentiated amenities could push individual properties above the average. ADR could see modest upward pressure of 1–3% if demand from outdoor recreation continues to grow, but investors should plan for soft winter months and budget accordingly."
— 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. 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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