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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Westerville offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Westerville, OH presents an attractive short-term rental opportunity with an ROI score of 63 out of 100, underpinned by above-average occupancy stability and a manageable supply of just 47 active Airbnb listings. With an average annual revenue of $29,066 and average home values around $584,864, the market offers a balanced entry point for investors seeking steady returns in a Columbus-area suburb. The relatively small listing count and strong amenity standards suggest a maturing but not oversaturated market.
According to Rabbu market data, the Westerville short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 47 |
| Average Daily Rate (ADR) | vs. $250 state avg. | $185 |
| Average Occupancy Rate | vs. 34% state avg. | 32% |
| RevPAN | ADR * Occupancy Rate | $60 |
| Average Monthly Revenue | Historical 12-month average | $2,422 |
| Average Annual Revenue | Historical 12-month average | $29,066 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Westerville appeals to investors looking for a small-market suburban play near Columbus with limited competition and above-average occupancy consistency.
Key investment factors
"Westerville earns an 'Attractive Opportunity' designation, driven by its compact supply base and reliable occupancy patterns. The market shows clear seasonality — July leads at $3,329 in average monthly revenue while January dips to $1,239 — but the spread is manageable for investors who budget accordingly. Larger properties, especially 4-bedrooms, punch well above their weight in both RevPAN and total revenue, making them the strongest configuration for maximizing returns. The overall picture is one of moderate but dependable income in a suburban market that hasn't attracted the flood of new listings seen in more prominent destinations."
— Rabbu Market Analysis Team
Westerville shows clear summer-weighted seasonality, with July topping out at $3,329 and January bottoming at $1,239 — a spread of nearly $2,100. The May-through-August stretch consistently exceeds $2,800, while a secondary uptick in October ($2,734) helps bridge the gap before the quieter winter months.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,239 |
| February |
|
$1,766 |
| March |
|
$2,502 |
| April |
|
$2,143 |
| May |
|
$2,801 |
| June |
|
$2,826 |
| July |
|
$3,329 |
| August |
|
$2,995 |
| September |
|
$2,480 |
| October |
|
$2,734 |
| November |
|
$2,320 |
| December |
|
$1,926 |
Two-bedroom listings dominate supply with 23 of the market's 47 active properties, while 4-bedrooms are the scarcest at just 5 listings. The thin supply of larger homes represents a potential opportunity, particularly given that 4-bedroom units generate the highest revenue and occupancy rates in the market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
8 |
| 2 bedrooms |
|
23 |
| 3 bedrooms |
|
10 |
| 4 bedrooms |
|
5 |
ADR scales unevenly with size: 3-bedroom properties command the highest nightly rate at $259, while 4-bedrooms come in lower at $201 despite being larger. One-bedroom listings start at $115 and 2-bedrooms at $166, suggesting that the premium-to-size sweet spot favors 3-bedroom properties on a per-night basis.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$115 |
| 2 bedrooms |
|
$166 |
| 3 bedrooms |
|
$259 |
| 4 bedrooms |
|
$201 |
Four-bedroom properties deliver the strongest RevPAN at $99, closely followed by 3-bedrooms at $97 — both nearly double the $52 earned by 1-bedroom units. Two-bedroom listings lag significantly at $35, weighed down by the lowest occupancy rate in the market, making them the weakest per-night earners despite comprising nearly half of all supply.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$52 |
| 2 bedrooms |
|
$35 |
| 3 bedrooms |
|
$97 |
| 4 bedrooms |
|
$99 |
Occupancy rates vary dramatically by size: 4-bedroom properties lead at 49% and 1-bedrooms follow at 45%, while 3-bedrooms sit at 38% and 2-bedrooms trail at just 22%. The low 2-bedroom occupancy is a cautionary signal for investors eyeing the most common property type in Westerville's market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
45% |
| 2 bedrooms |
|
22% |
| 3 bedrooms |
|
38% |
| 4 bedrooms |
|
49% |
Four-bedroom properties are the clear monthly revenue leaders at $3,481, more than double the $1,651 earned by 1-bedroom units. Two- and 3-bedroom listings cluster closely together around $2,300 per month, suggesting that stepping up to a 4-bedroom is where the meaningful revenue jump occurs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$1,651 |
| 2 bedrooms |
|
$2,317 |
| 3 bedrooms |
|
$2,271 |
| 4 bedrooms |
|
$3,481 |
On an annual basis, 4-bedroom properties top the market at $41,773 — roughly 50% more than 2-bedrooms ($27,814) and 3-bedrooms ($27,255), which earn nearly identical amounts. One-bedroom units trail at $19,814, reinforcing that investors targeting maximum revenue potential should prioritize larger configurations in Westerville.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$19,814 |
| 2 bedrooms |
|
$27,814 |
| 3 bedrooms |
|
$27,255 |
| 4 bedrooms |
|
$41,773 |
Parking (98%), kitchens (96%), and laundry facilities (92% washer, 89% dryer) are near-universal in Westerville listings, reflecting baseline guest expectations in a suburban market. Workspace availability at 81% signals meaningful demand from remote workers or business travelers, while premium amenities like pools (15%) and EV chargers (11%) remain differentiators rather than requirements.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
98% |
| Kitchen |
|
96% |
| Washer |
|
92% |
| Dryer |
|
89% |
| Self Check-in |
|
89% |
| Workspace |
|
81% |
| Backyard |
|
77% |
| Patio or Balcony |
|
68% |
| Outdoor Furniture |
|
57% |
| BBQ Grill |
|
40% |
| Pets |
|
26% |
| Pool |
|
15% |
| Gym |
|
13% |
| EV Charger |
|
11% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Westerville Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Above average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Average | 15% |
Westerville's ROI score of 63 out of 100 places it in the 'Attractive Opportunity' band, signaling a market with genuine investment potential balanced by realistic expectations. The standout factor is above-average occupancy stability, which gives investors confidence in consistent booking activity, while revenue-to-price ratio, market growth, and supply/demand balance all rate as average — reflecting a steady rather than explosive market. Pairing this data with thorough local regulatory research and a focus on higher-performing 3- or 4-bedroom properties can help investors capture the best this market has to offer.
Understanding local STR regulations is essential before investing in Westerville. Here's the current regulatory landscape:
Short-term rental operators in Westerville, Ohio may be required to obtain permits or register their property with local authorities. Investors should verify current STR permitting requirements directly with the City of Westerville and Franklin County before listing a property.
Common restrictions in Ohio suburban markets can include occupancy limits, minimum stay requirements, noise ordinances, and parking regulations. HOA rules may also apply in many Westerville neighborhoods, potentially limiting or prohibiting short-term rentals entirely, so reviewing community covenants is essential before purchasing.
Short-term rental hosts in Ohio are typically subject to state sales tax and local lodging or occupancy taxes. Many booking platforms collect and remit these taxes on behalf of hosts, but operators should confirm their 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 Westerville can provide current regulatory guidance.
Financing an Airbnb investment in Westerville requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Westerville's STR market is expected to maintain its current trajectory of moderate, stable demand. Seasonal patterns suggest revenue will continue to peak in the summer months — July in particular — with softer winter periods that still generate reasonable income. ADR may see modest increases in the range of 1–3%, supported by the market's above-average occupancy stability and limited new supply entering the area. Investors should plan for a revenue floor near $1,200–$1,800 per month during the slowest months, scaling up to $3,000+ in peak season."
— 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 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 market conditions as of the stated date; future conditions may differ. Local regulations, HOA restrictions, and tax obligations vary and should be independently verified before making investment decisions.
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