Delaware, OH

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

87 / 176

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$38,310

Middle-Earners Revenue

Occupancy

60%

Middle-Earners Occupancy

Home Value

$415,436

Median Home Sale Price

Top Earners

$78,532

Top-Earners Revenue

Delaware

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Delaware.

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A

Very Investor friendly

Delaware Regulations

Short-term rentals are permitted citywide with a simple STR application and standard housing/safety requirements, and no caps or burdensome restrictions are cited. County/state tax registration is routine and manageable, and the city provides clear guidance and forms.

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About Delaware

Delaware sits in central Ohio as the county seat of Delaware County, with a population of roughly 40,000 residents. The city blends small-town Midwestern character with the cultural energy of a historic liberal arts college, and it has long been known for its beautifully preserved nineteenth-century downtown and for hosting one of the largest county fairs in Ohio each fall. Located about 25 miles north of Columbus, Delaware functions as a quieter northern gateway to the Columbus metropolitan area, appealing to visitors who want a charming base within easy reach of the capital's larger attractions.

About five miles north of the city center, [Delaware State Park](https://en.wikipedia.org/wiki/Delaware_State_Park_(Ohio) centers on a 1,300-acre lake surrounded by woodlands and meadows. The park offers boating, fishing, a swimming beach, picnic areas, and a campground, making it a natural draw for families and outdoor travelers during the warmer months. In the cooler season, the trails and quiet shoreline offer a peaceful counterpoint to the busier pace of nearby Columbus, and the park regularly draws anglers and paddlers from across central Ohio.

Founded in 1842, Ohio Wesleyan University is one of the oldest liberal arts colleges in the country and remains woven into the fabric of the city. Its leafy campus, set just south of downtown, brings a steady stream of visitors for theater productions, music recitals, lectures, athletic events, and seasonal graduation ceremonies. The university also anchors a number of small galleries and performance spaces that contribute to Delaware's reputation as a low-key arts destination between the larger cultural hubs of Columbus and Cleveland.

Roughly twenty minutes south of Delaware, the Columbus Zoo and Aquarium sprawls across the border between Powell and Columbus in the southern part of the county. The zoo, along with its adjacent Zoombezi Bay water park and the neighboring Powell downtown, makes for an easy day trip and adds a major family-friendly draw to the area. Downtown Columbus itself, with the Short North Arts District, German Village, the North Market, and the Center of Science and Industry, lies less than half an hour away, giving Delaware visitors a quiet home base with quick access to the capital's museums, restaurants, and professional sports venues.

For short-term-rental owners, Delaware offers a compelling mix of small-town charm, university-driven demand, county-fair tourism, and proximity to one of the Midwest's largest metro areas. Its walkable historic core, reliable outdoor recreation at the state park, and convenient access to Columbus attractions make it a versatile year-round market for travelers who want a slower pace without sacrificing big-city amenities.

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