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Lakewood, Ohio

Short-Term Rental Market Data & Investment Analysis

Lakewood, Ohio Short-Term Rental Market

AMarket Score 93/100

Quick Answer: Lakewood, Ohio is an active short-term rental market. average occupancy is 59%. average monthly revenue is $2,283. average daily rate is $137. the top operator is HomeHop with 72 listings. market score is 93/100 (grade A).

Avg Monthly Revenue
$2,283
↑ 5% YoY
59%
Occupancy
↓ 2.3% YoY
$137
Avg Daily Rate
↑ 3.2% YoY
$80
RevPAR
↑ 0.8% YoY
28.4 days avg lead time4.6 avg length of stay

Market Score Breakdown

Five dimensions Apivex evaluates per market.

Regulation71
Seasonality81
Investability95
Rental Demand86
Revenue Growth60

Seasonal Patterns

Monthly seasonal data for Lakewood, Ohio
MonthOccupancyADRRevenue
Jan47%$97$1,388
Feb55%$102$1,423
Mar55%$108$1,599
Apr56%$115$1,713
May61%$119$1,929
Jun68%$126$2,243
Jul70%$128$2,472
Aug67%$128$2,361
Sep60%$124$2,013
Oct59%$118$1,954
Nov55%$111$1,686
Dec53%$110$1,665

Top Short-Term Rental Operators in Lakewood

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

#OperatorListingsReviewsRating
1HomeHop723,280★ 4.82
2AMH Rental Properties675,030★ 4.87
3Evolve611,559★ 4.56
4One Stone Property Group603,837★ 4.76
5Hostpros, LLC576,608★ 4.81

What Kind of STR Should I Buy in Lakewood?

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

Revenue by Bedroom Count

1 bed2,410
2 bed1,750
3 bed1,093
4 bed439
5 bed223

ADR by Property Tier

Entire Home$151
Luxury$265
Professionally Managed$170

Revenue by Dwelling Type

Apartment$2,109
Entire Place$2,511
House$2,468

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb57.2%
vrbo4.3%
both38.5%

Investment Analysis

Revenue Trend (5 yr)

ADR & Occupancy Trends (5 yr)

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Lakewood, OhioRev $2,283ADR $137Occ 59%Score A (93)

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Table of Contents

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Quick Facts: Lakewood

Active STRs
259
Avg Daily Rate
$156
Occupancy Rate
57%
Population
52,149
Annual Visitors
300,000

Markets in Ohio (50)

  • Akron
  • Barberton
  • Barnesville
  • Bellville
  • Brinkhaven
  • Chagrin Falls
  • Cincinnati
  • Cleveland
  • Columbus
  • Creola
  • Dayton
  • Gallipolis
  • Geneva
  • Grove City
  • Heath
  • Huntsville
  • Huron
  • Kelleys Island
  • Killbuck
  • Lake Milton
  • Lakeside Marblehead
  • Lakeview
  • Lancaster
  • Laurelville
  • Lewisburg
  • Logan
  • Loudonville
  • Loveland
  • Macedonia
  • Mason
  • Mc Arthur
  • Millersburg
  • New Lexington
  • Port Clinton
  • Powell
  • Racine
  • Ray
  • Rockbridge
  • Russells Point
  • Sandusky
  • Sardinia
  • Scio
  • Solon
  • South Bloomingville
  • Stout
  • Sugar Grove
  • Toledo
  • Twinsburg
  • Warsaw
  • Washington Court House

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