Ashtabula, OH

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Ashtabula short-term rental market based on reliable data.

Listings

142 / 247

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$21,556

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$155,640

Median Home Sale Price

Top Earners

$48,419

Top-Earners Revenue

Ashtabula

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ashtabula.

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C

Challenging to Investors

Ashtabula Regulations

STRs are explicitly legal in Ashtabula but are heavily regulated—requiring both county and city registrations, separate annual licenses per unit, annual inspections, compliance with International Property Maintenance Code, and non‑trivial lodging taxes (5% county + 3% city) plus Ohio sales tax, with late‑payment penalties and a cap of one whole‑home rental per owner.

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About Ashtabula

Ashtabula is a small port city in Ashtabula County, Ohio, sitting on the southern shore of Lake Erie in the state's northeastern corner. With a population of roughly 18,000, it carries the feel of a working-class lakeside community that has been quietly reinventing itself around its waterfront, its industrial heritage, and its proximity to some of Ohio's most distinctive countryside. The city is best known as a gateway to the Grand River Valley wine region, the covered-bridge country of Ashtabula County, and the long stretch of Lake Erie shoreline that draws summer visitors from across the region. From Cleveland, Ashtabula is about 55 miles to the northeast, an easy drive of roughly one hour along Interstate 90 and US Route 20.

A short stroll from downtown, the Lake Erie shoreline forms the centerpiece of any visit. The city maintains public access points and a harbor area where travelers can watch freighters and pleasure craft come and go, and the adjacent beaches and lighthouses are popular spots during the warmer months. The lake itself is the geographic anchor of the region, and Ashtabula's lakefront parks give visitors a front-row seat to it.

Just a few minutes from the city center, the Hubbard House stands as one of northeastern Ohio's most meaningful historical landmarks. The house is a documented stop on the Underground Railroad and now operates as a museum, offering guided tours that share the story of the freedom seekers and conductors who passed through the area in the decades before the Civil War. It anchors the city's historic district and pairs naturally with a walk through the surrounding streets of 19th-century architecture.

About 20 minutes west along the lake, the small resort community of Geneva-on-the-Lake offers a different flavor, with a historic lakeside strip of arcades, casual restaurants, and a small public beach. Inland, the rolling farmland of Ashtabula County is home to more than 20 covered bridges, making the area one of the largest concentrations of covered bridges in the country, and to a growing cluster of wineries and vineyards in the Grand River Valley.

For short-term rental investors, Ashtabula offers a combination that is increasingly rare in the Midwest: an authentic, affordable small city on a Great Lake, within an hour of a major metropolitan area, and surrounded by a wine, covered-bridge, and lake-shore tourism economy that already draws visitors year after year. Its mix of historic attractions, outdoor recreation, and proximity to Cleveland makes it a flexible base for travelers who want a quieter, more characterful alternative to the usual Ohio destinations.

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