Lorain, OH
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Lorain short-term rental market based on reliable data.
Listings
50 / 110
Reliable / Active
Cap Rate
16%
Middle-Earners Gross Yield
Revenue
$22,951
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$145,771
Median Home Sale Price
Top Earners
$52,024
Top-Earners Revenue
Lorain
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Lorain.
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Generally Investor friendly
Lorain Regulations
STRs are explicitly permitted with a straightforward annual rental dwelling license, a conditional use permit, moderate fees ($100 first unit), inspections, a 3% bed tax, and a local agent requirement if the owner isn’t local—requirements are clear and manageable, with no apparent hard caps.
Local STR Agent
STR specialist · Lorain, OH
About Lorain
Lorain () is a city in Lorain County, Ohio, United States. It is located in Northeast Ohio on Lake Erie at the mouth of the Black River, about 25 miles (40 km) miles west of Cleveland. As of the 2020 census, the city had a population of 65,211, making it Ohio's ninth-largest city, the third-largest in Greater Cleveland, and the largest in Lorain County by population.