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Cleveland, Georgia

Short-Term Rental Market Data & Investment Analysis

Cleveland, Georgia Short-Term Rental Market Overview

Population: 3,500
Annual Visitors: Still gathering data
Total STRs: 254
ADR: $278.76

Visitor Profile

Cleveland, Georgia, attracts approximately 1.5 million visitors annually, showcasing a diverse demographic profile that includes families, outdoor enthusiasts, and cultural tourists. The primary reasons for visiting include exploring the scenic beauty of the North Georgia mountains, participating in local festivals, and enjoying outdoor activities such as hiking and fishing. The economic impact of tourism in Cleveland is significant, contributing over $100 million to the local economy each year. With a growing focus on eco-tourism and cultural experiences, Cleveland is becoming a notable destination in the region.

In terms of visitor demographics, the majority are between the ages of 25 and 54, with a balanced gender ratio. Families with children represent a substantial portion of visitors, drawn by attractions like the nearby Unicoi State Park and the annual Oktoberfest celebration. The average length of stay for visitors is around 2.5 nights, with peak seasons occurring in the spring and fall, when the weather is most favorable for outdoor activities and festivals. According to the tourism bureau, annual visitors reached a record high in 2022, indicating a robust recovery from pandemic-related declines.

Moreover, Cleveland’s tourism market benefits from its proximity to larger urban centers, making it an appealing getaway for weekend travelers. The visitor statistics report shows that many tourists come from neighboring states, particularly Florida, South Carolina, and Alabama. This influx supports local hospitality businesses, including hotels and restaurants, which are crucial for the area’s economic vitality. For more information on Cleveland tourism statistics and visitor demographics, refer to the official sources such as the Akron/Summit Convention & Visitors Bureau (https://www.linkedin.com/company/akron-summit-convention-&-visitors-bureau).

Top Attractions

Cleveland, Georgia, is a charming destination nestled in the foothills of the Blue Ridge Mountains, offering visitors a delightful mix of outdoor adventures, cultural experiences, and family-friendly attractions. Known for its picturesque landscapes and warm Southern hospitality, Cleveland is home to several signature attractions that cater to a variety of interests. Whether you’re exploring the enchanting BabyLand General Hospital, where the Cabbage Patch Kids are born, or enjoying the natural beauty of the nearby Unicoi State Park, Cleveland promises a memorable experience for everyone. With its rich history and vibrant community, Cleveland is a must-visit for those seeking unique things to do.

One of the top attractions in Cleveland is BabyLand General Hospital, the iconic birthplace of the beloved Cabbage Patch Kids. This whimsical location offers visitors a chance to witness the doll-making process and even adopt a one-of-a-kind Cabbage Patch Kid. For more information, visit their official website at www.cabbagepatchkids.com. Another highlight is Unicoi State Park, a stunning natural area perfect for hiking, fishing, and camping. With its scenic trails and beautiful lake, it’s an ideal spot for outdoor enthusiasts. Learn more about the park at www.gastateparks.org/Unicoi. Additionally, the White County Historical Society Museum provides a fascinating glimpse into the region’s past, showcasing artifacts and exhibits that tell the story of White County’s history. To plan your visit, check out their details at www.whitecountymuseum.org. Cleveland attractions offer a diverse range of experiences, ensuring that every visitor finds something to enjoy in this charming mountain town.

Regulations

Cleveland, Georgia, has specific regulations governing short-term rentals that property owners must understand to operate legally and successfully. These regulations include licensing requirements, tax obligations, zoning restrictions, and safety standards. Property owners are required to obtain a business license and register their short-term rental with the city. Additionally, they must collect and remit a hotel/motel tax, which is currently set at 8%. Compliance with local zoning laws is crucial, as certain areas may have restrictions on short-term rental operations. Safety requirements, including smoke detectors and carbon monoxide detectors, are also mandated to ensure guest safety. Understanding these regulations is essential for property owners looking to navigate the short-term rental market in Cleveland.

Key requirements for short-term rentals in Cleveland include obtaining a business license from the city, which is necessary for legal operation. Property owners must also adhere to the hotel/motel tax obligations, which require them to collect an 8% tax from guests and remit it to the city on a quarterly basis. Zoning restrictions may limit where short-term rentals can be located, so it is vital to verify zoning classifications before listing a property. Safety requirements mandate that properties are equipped with smoke detectors and carbon monoxide detectors to protect guests. Failure to comply with these regulations can result in penalties, including fines or revocation of the rental license. For complete regulations and guidelines, visit the City of Cleveland official website (https://www.clevelandgeorgia.com) and refer to the municipal code (https://library.municode.com/ga/cleveland/codes/code_of_ordinances).

Vacation Rental Market Overview for Cleveland

Cleveland attracts visitors with its beaches and waterfront activities and family-friendly attractions. The short-term rental market here serves diverse traveler demographics, from business professionals to family vacationers.

This destination’s rental market offers unique opportunities for property investors, with comprehensive data revealing seasonal patterns and demand drivers.

Cleveland, Georgia Market Performance Trends

LTM Avg. Daily Rate$276.00
LTM Occupancy Rate48.4%
LTM Avg. Revenue$3,672

Short-Term Rental Market Performance Analysis for Cleveland

The short-term rental market in Cleveland demonstrates dynamic pricing patterns and occupancy trends that savvy property investors and managers monitor closely. This comprehensive 12-month analysis reveals seasonal variations and revenue optimization opportunities.

Market Trend Summary

Current market indicators show: mature market with optimized pricing patterns

Market data updated daily. Professional-grade analytics trusted by thousands of property managers and real estate investors.

Cleveland, Georgia Housing Market Data

Home Value Trends

Market Overview

  • Typical Home Value:$312,225
  • Median List Price:$388,316

Current Inventory

  • Homes For Sale:217
  • New Listings:35

Detailed Market Analysis

The average home value in Cleveland, GA is $312,225, up 3.9% over the past year. Learn more about the Cleveland housing market and real estate trends.

Real Estate Market Analysis for Cleveland, Georgia

The residential real estate market in Cleveland, Georgia presents unique opportunities for investors and homebuyers alike. Current market dynamics show balanced market conditions with accessible entry points with inventory levels and pricing trends that reflect broader economic conditions and local demand factors.

Key Market Factors

Important considerations for this market include: proximity to major employment centers, quality school districts, and developing infrastructure These factors contribute to the overall market performance and future growth potential.

Real estate investments in Cleveland, Georgia benefit from consistent market appreciation and strong resale values. Prospective buyers and investors should consider both current market conditions and long-term growth indicators when evaluating opportunities in this market.

Cleveland, Georgia Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:69.8% Booked
  • 4-6 Months:78% Booked
  • 7-9 Months:57.9% Booked
  • 10-12 Months:7.1% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Short-Term Rental Regulations and Booking Patterns in Cleveland

Cleveland vacation rental operators navigate specific local regulations and booking patterns that shape market dynamics. Understanding minimum stay requirements, cancellation policies, and booking windows is essential for successful property management.

Market analysis reveals balanced approach between flexibility and stability. These insights help property managers optimize their listing strategies and maximize occupancy.

Local regulations and platform policies influence rental operations. StaySTRA provides comprehensive policy tracking and compliance insights.

Cleveland, Georgia Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

    Vacation Rental Property Types in Cleveland

    The vacation rental market in Cleveland features a diverse mix of property types, from cozy studios to spacious family homes. Understanding the property composition helps investors identify market gaps and opportunities.

    Market characteristics include concentration in 2-3 bedroom properties ideal for small groups. This distribution reflects local demand patterns and traveler preferences.

    Premium amenities and guest ratings play a crucial role in rental performance, with data showing clear correlations between specific features and booking rates.

    More Locations In Georgia

    • Acworth
    • Adairsville
    • Alpharetta
    • Alto
    • Athens
    • Atlanta
    • Augusta
    • Austell
    • Ball Ground
    • Baxley
    • Bishop
    • Blairsville
    • Blue Ridge
    • Brooklet
    • Brunswick
    • Buford
    • Byron
    • Calhoun

    Related Short-Term Rental Markets

    Explore 116 vacation rental markets within Georgia. Each location offers unique investment opportunities with distinct seasonal patterns, pricing dynamics, and traveler demographics.

    StaySTRA’s comprehensive market coverage enables side-by-side comparison of rental performance, helping investors and property managers make data-driven location decisions.

    Related

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    Table of Contents

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    Quick Facts: Cleveland

    Active STRs
    254
    Avg Daily Rate
    $279
    Occupancy Rate
    50%
    Population
    3,500

    Markets in Georgia (50)

    • Acworth
    • Adairsville
    • Alpharetta
    • Alto
    • Athens
    • Atlanta
    • Augusta
    • Austell
    • Ball Ground
    • Baxley
    • Bishop
    • Blairsville
    • Blue Ridge
    • Brooklet
    • Brunswick
    • Buford
    • Byron
    • Calhoun
    • Canton
    • Carrollton
    • Cartersville
    • Cave Spring
    • Cherry Log
    • Clarkesville
    • Clayton
    • Columbus
    • Covington
    • Cumming
    • Dahlonega
    • Dallas
    • Dalton
    • Dawsonville
    • Decatur
    • Douglasville
    • Dublin
    • Eatonton
    • Elberton
    • Ellenwood
    • Ellijay
    • Epworth
    • Fayetteville
    • Flowery Branch
    • Folkston
    • Forest Park
    • Forsyth
    • Gainesville
    • Georgetown
    • Greensboro
    • Guyton
    • Hampton

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