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Akron, Ohio

Short-Term Rental Market Data & Investment Analysis

Akron, Ohio Short-Term Rental Market

BMarket Score 85/100
Data updated June 2026

Akron STRs averaged $236 per night at 62.6% occupancy in June 2026.

Quick Answer: Akron, Ohio is an active short-term rental market. average occupancy is 63%. average monthly revenue is $3,966. average daily rate is $236. the top operator is Evolve with 318 listings. market score is 85/100 (grade B).

Avg Monthly Revenue
$3,966
↑ 6.8% YoY
63%
Occupancy
↑ 2.8% YoY
$236
Avg Daily Rate
↑ 5.3% YoY
63.8 days avg lead time3.6 avg length of stay

Market data reflects the Ohio Area regional market, which includes Akron. Regulations, taxes, and permit details below are specific to Akron.

Market Score Breakdown

Five dimensions Apivex evaluates per market.

Regulation68
Seasonality63
Investability97
Rental Demand84
Revenue Growth63

Market Overview

Akron, Ohio anchors Summit County’s tourism economy. As of June 2026, the Akron area STR market shows an average daily rate of $235.71 with occupancy at 62.55%, up 2.87% year over year even as ADR eased 2.99%. Revenue per listing rose 6.76% year over year to $3,966.31 per month for the average active listing.

Listing count, bedroom mix, and channel split data for this area are tracked at a shared regional level rather than uniquely for Akron, so this profile omits those specific breakdowns.

Entire home rentals average a slightly higher $247.72 nightly rate than the area overall, while listings in the top luxury tier command $452.01 a night and professionally managed listings average $368.25, both well above the $235.71 area wide ADR.

Akron’s population of 189,691 supports a mixed base of regional leisure travelers, cultural tourists, and business and convention attendees, drawn by attractions like the Akron Zoo (about 400,000 visitors a year), Stan Hywet Hall & Gardens, the Akron Art Museum, and Summit Metro Parks’ Ohio & Erie Canal Towpath Trail.

Seasonal Patterns

Monthly seasonal data for Akron, Ohio
MonthOccupancyADRRevenue
Jan40%$128$1,541
Feb48%$131$1,543
Mar51%$134$1,805
Apr51%$141$1,866
May53%$165$2,214
Jun62%$203$3,291
Jul66%$206$3,738
Aug59%$211$3,486
Sep49%$172$2,318
Oct49%$157$2,199
Nov48%$143$1,909
Dec45%$138$1,769

Top Short-Term Rental Operators in Akron

Ranked by total active listings. Useful for understanding the competitive landscape.

#OperatorListingsReviewsRating
1Evolve31810,682★ 4.62
2Amish Country Lodging778,754★ 4.91
3Island Club Home Rentals694,747★ 4.46
4Ohio Shores Vacation Rentals614,071★ 4.71
5Simply Better Property Management471,044★ 4.80

What Kind of STR Should I Buy in Akron?

Revenue and pricing by property type, tier, and bedroom count.

Revenue by Bedroom Count

1 bed3,602
2 bed3,338
3 bed2,823
4 bed1,090
5 bed611

ADR by Property Tier

Entire Home$248
Luxury$452
Professionally Managed$368

Revenue by Dwelling Type

Apartment$3,218
Entire Place$4,179
House$4,342

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb51.5%
vrbo8.3%
both40.2%

Investment Analysis

Akron’s average listing rents for $235.71 a night, but the data shows a clear premium for higher tier properties. Listings in the top luxury tier average $452.01 a night, roughly 92% above the area wide ADR, while professionally managed listings average $368.25, about 56% above market. This gap suggests real upside for owners who position a property into professional management or a higher amenity tier.

Revenue per listing grew 6.76% year over year even as ADR fell 2.99%, meaning the gain came from higher occupancy (up 2.87% year over year) and stronger booking volume rather than rate increases. The average active listing generated $3,966.31 in monthly revenue, or roughly $47,596 annualized.

Against a typical home value of $144,687.41 (Zillow, June 2026, one of the more affordable entry points in this dataset), that annualized revenue figure equals about 33% of the purchase price on a gross basis, a striking top line ratio driven mainly by Akron’s low home values rather than exceptional nightly rates. This does not account for cleaning fees, management commissions, taxes, insurance, or vacancy, so actual net cash on cash returns will be considerably lower, but the entry cost to revenue relationship is notably favorable compared to higher priced markets.

Resale inventory is ample at 779 homes for sale, with a sale to list ratio of 0.978 and a median 9 days to pending, indicating a market where homes sell close to asking price and move quickly, useful context for buyers sourcing an acquisition.

Revenue Trend (5 yr)

ADR & Occupancy Trends (5 yr)

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Home Value Trends (Akron)

Typical Home Value
$144,687
Median Sale Price
$143,283
Days to Pending
9

Booking Insights

Guests book Akron stays an average of 63.79 days in advance, a fairly long planning window for a mid-size metro market, suggesting many bookings are tied to planned visits such as conventions, events, or trips built around specific attractions like the Akron Zoo or Stan Hywet Hall & Gardens rather than last minute getaways.

Average length of stay sits at 3.64 nights, longer than a typical weekend trip, pointing to a mix of leisure stays and multi-day business or event related visits. This longer stay pattern means less frequent turnover between guests than in markets built around one or two night stays, which can lower cleaning and turnover costs per night booked for hosts.

Combined, the long lead time and moderate stay length suggest a pricing strategy that sets a competitive early rate to lock in advance bookings, then holds firmer on price for shorter notice requests as specific event dates or peak summer weekends approach.

Short-Term Rental Regulations

Short-term rentals are legal in Akron under Article 37 of the city’s Code of Ordinances, effective January 2023. Every STR, defined as a rental of fewer than 30 consecutive days, must obtain a yearly Short-Term Rental Registration Certificate from the city’s Department of Neighborhood Assistance, Housing Division, at a cost of $250 per year, renewed annually with renewal generally due by January 31.

A key restriction is residency based rather than occupancy based: the property owner must reside within the City of Akron, though not necessarily at the rental unit itself, meaning non-owner-occupied investment STRs are permitted as long as the owner is a city resident. There is no primary residence requirement tied to the rental unit specifically. Maximum occupancy is capped at 2 adults per bedroom plus 4 additional persons, and large events or parties require a separate special event permit.

Operators must collect and remit a 5.5% short-term rental excise tax under Chapter 104, mirroring the Summit County hotel and lodging excise rate, and hosting platforms may remit this tax on the operator’s behalf. Revenue from the tax is distributed among the City, Summit County, and the Akron/Summit Convention & Visitors Bureau. There is no annual cap on the number of nights a unit can be rented.

Enforcement is rated moderate and is handled by the Housing Division, with violation provisions built into the ordinance. Owners must keep registration information current, updating within 7 days of any change, and remain current on all city tax obligations. No major amendments to Article 37 have been identified since it took effect in January 2023.

Market Comparison

Akron’s occupancy of 62.55% runs well above the broader US short-term rental median of roughly 55%, while its $235.71 average daily rate sits modestly above the roughly $220 national median. The combination points to a market with above average demand at a rate close to the national norm, rather than a market competing purely on either extreme low price or premium positioning.

Property manager data for this area is tracked at a shared regional level rather than uniquely for Akron, so this profile omits naming specific operators here.

Frequently Asked Questions About Akron, Ohio

What is the average daily rate for a short-term rental in Akron, OH?
$235.71 per night as of June 2026 across all active listings, per StaySTRA market data.
What is the occupancy rate for Akron vacation rentals?
62.55% as of June 2026, up 2.87% year over year.
Are short-term rentals legal in Akron, Ohio?
Yes. Akron regulates STRs under Article 37 of its Code of Ordinances (effective January 2023), requiring a $250 annual Short-Term Rental Registration Certificate and city residency for the property owner, though not necessarily residency at the rental unit itself.
What is the short-term rental tax rate in Akron?
A 5.5% short-term rental excise tax applies under Chapter 104, mirroring the Summit County hotel and lodging excise rate.
When is peak season for Akron vacation rentals?
July, with 66.18% occupancy and $3,738 in average monthly revenue per listing.
How much does a typical home cost in Akron?
The typical home value was $144,687.41 as of the June 2026 Zillow snapshot, with 779 homes listed for sale and a median 9 days to pending.
Akron, OhioRev $3,966ADR $236Occ 63%Score B (85)

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Table of Contents

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Quick Facts: Akron

Active STRs
466
Avg Daily Rate
$155
Occupancy Rate
70%
Population
196,523
Annual Visitors
400,000

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