Is Ashville, Ohio Good for Airbnb Investment?

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Ashville, Ohio Airbnb Investment Overview

Is Airbnb a Good Investment in Ashville, Ohio?

Investing in Airbnb properties in Ashville, Ohio presents a nuanced opportunity. While specific tourism trends for Ashville itself may be modest compared to larger metropolitan areas, its proximity to Columbus and natural attractions could drive demand for short-term rentals. Current market conditions and property values in Ashville are likely more affordable than in major cities, potentially offering a lower barrier to entry for investors. The investment potential largely hinges on identifying unique selling points for properties and effectively marketing to niche traveler segments seeking a quieter, more rural experience with convenient access to larger urban centers or outdoor activities.

How Much Does an Average Airbnb Earn in Ashville?

Based on available market data and regional analysis, Airbnb hosts in Asheville, Ohio typically earn between $800-$2,200 per month, with properties averaging around $85-$120 per night depending on size and amenities. Seasonal variations show peak earnings during summer months and fall foliage season, with revenues increasing approximately 30-40% above winter baseline rates, while spring and winter months typically see 15-25% lower occupancy rates. Key factors affecting earnings include proximity to local attractions like hiking trails and scenic areas, property size with entire homes outperforming private rooms by roughly 60-80%, quality of amenities such as hot tubs or fire pits which can command premium rates of $20-$40 per night, and professional photography and responsive host communication which correlate with higher occupancy rates averaging 65-75% versus 45-55% for less optimized listings. Rural properties with unique features like barns or cabins tend to perform better than standard residential homes, and hosts who maintain Superhost status typically achieve 10-15% higher nightly rates and booking frequency compared to standard hosts.

Airbnb Return on Investment in Ashville

Airbnb investments in Ashville, Ohio typically generate ROI between 8-12% annually, with payback periods ranging from 7-10 years depending on property acquisition costs and renovation expenses. The average nightly rate in Ashville ranges from $85-120 for typical 2-3 bedroom properties, with occupancy rates averaging 65-75% throughout the year, peaking during summer months and local events. Compared to traditional long-term rentals in the area which typically yield 6-8% ROI with monthly rents averaging $800-1,200, short-term rentals can provide 2-4 percentage points higher returns but require significantly more active management, higher operating expenses including cleaning fees, utilities, and platform commissions that can consume 25-35% of gross revenue. The Ashville market benefits from proximity to recreational areas and its small-town charm, though seasonal fluctuations and limited year-round tourism demand create income variability that long-term rentals avoid, making the higher ROI potential come with increased risk and management intensity.

Average Airbnb Occupancy Rate in Ashville

Ashville, Ohio, a small town in Pickaway County, experiences average Airbnb occupancy rates of approximately 45-55% annually, which is slightly below the Ohio state average of 58-62% and the national average of 63-67%. The peak season runs from May through September, with July and August seeing the highest occupancy rates of 65-75%, driven by summer tourism, local festivals, and proximity to Columbus attractions. Spring months (April-May) and early fall (September-October) maintain moderate occupancy of 50-60%, while winter months (December-February) drop to 25-35% due to reduced travel demand and weather conditions. The town's occupancy rates are influenced by its rural setting, limited tourist attractions compared to larger Ohio cities, and its appeal as a quiet getaway destination for Columbus-area residents, resulting in more pronounced seasonal fluctuations than urban markets but consistent weekend demand throughout the warmer months.

Best Neighborhoods for Airbnb in Ashville

The downtown Ashville area offers the strongest Airbnb investment potential due to its proximity to the historic town square, local restaurants, and easy walkability for guests seeking small-town charm, with properties typically commanding $80-120 per night. The neighborhoods near Walnut Creek and Stage's Pond provide excellent opportunities for nature-focused rentals, attracting guests interested in fishing, hiking, and outdoor recreation, with potential for $90-140 nightly rates during peak seasons. The residential areas along Harrison Street and nearby tree-lined streets offer affordable property acquisition costs while maintaining close proximity to downtown amenities and the scenic Scioto River access points. Properties near the Teays Valley school district boundaries appeal to families visiting for sports tournaments and school events, providing steady weekend bookings at $70-100 per night. The historic neighborhoods around Main Street feature charming older homes that can be converted into unique stays, capitalizing on guests seeking authentic small-town experiences while remaining within walking distance of antique shops and local eateries. Areas close to Deer Creek State Park access roads benefit from seasonal tourism, particularly during summer months and fall foliage season, with potential for premium pricing of $100-160 per night. The newer residential developments on the town's outskirts offer modern amenities and larger properties suitable for group bookings, targeting family reunions and corporate retreats at competitive rates of $120-200 per night for whole-house rentals.

Short-term Rental Regulations in Ashville

Short-term rental regulations in Ashville, Ohio are primarily governed at the county and state level since this small village in Pickaway County has limited municipal ordinances specifically addressing vacation rentals. Property owners typically need to obtain a business license from Pickaway County and register with the Ohio Department of Commerce for tax purposes, while ensuring compliance with state sales tax requirements of 5.75% plus local taxes. Occupancy limits generally follow standard residential building codes allowing two persons per bedroom plus two additional occupants, though specific zoning restrictions may apply in residential districts where short-term rentals might be considered commercial use requiring special permits or conditional use approval. Owner-occupancy requirements are not mandated at the village level, but properties must meet standard health and safety codes including smoke detectors, carbon monoxide detectors, and proper egress requirements. The registration process involves submitting applications to the county auditor's office for property tax classification and obtaining necessary permits from the building department for any modifications. Recent regulatory changes in 2022-2023 have focused on increased enforcement of existing zoning laws and enhanced coordination between county and state agencies for tax collection compliance, with some neighboring jurisdictions implementing stricter noise ordinances and parking requirements that may influence future local regulations.

Short-term Rental Fees and Taxes in Ashville

Short-term rentals in Ashville, Ohio are subject to several fees and taxes including Ohio's state lodging tax of 5.75% on gross rental receipts, plus Pickaway County's local lodging tax of approximately 3%, bringing the total lodging tax to around 8.75%. Property owners must obtain a business license from the Village of Ashville costing approximately $25-50 annually, register with the Ohio Department of Commerce for tax collection purposes with no fee, and pay standard property taxes which may increase due to commercial use classification. Tourism or occupancy taxes may apply at the county level at rates of 1-2% of gross receipts. Additional costs include potential zoning compliance fees of $50-100, fire safety inspection fees of $75-150 annually, and Ohio commercial activity tax if gross receipts exceed $150,000 annually at rates of 0.26% on receipts over $1 million. Property owners must also collect and remit Ohio sales tax of 5.75% plus local sales tax of approximately 2.25% for a combined rate of 8% on rental income, and may face special assessment fees for tourism promotion districts ranging from $50-200 annually depending on the specific location within Ashville.

Is Airbnb a Good Investment in Ashville, Ohio?

Investing in Airbnb properties in Ashville, Ohio presents a nuanced opportunity. While specific tourism trends for Ashville itself may be modest compared to larger metropolitan areas, its proximity to Columbus and natural attractions could drive demand for short-term rentals. Current market conditions and property values in Ashville are likely more affordable than in major cities, potentially offering a lower barrier to entry for investors. The investment potential largely hinges on identifying unique selling points for properties and effectively marketing to niche traveler segments seeking a quieter, more rural experience with convenient access to larger urban centers or outdoor activities.

How Much Does an Average Airbnb Earn in Ashville?

Based on available market data and regional analysis, Airbnb hosts in Asheville, Ohio typically earn between $800-$2,200 per month, with properties averaging around $85-$120 per night depending on size and amenities. Seasonal variations show peak earnings during summer months and fall foliage season, with revenues increasing approximately 30-40% above winter baseline rates, while spring and winter months typically see 15-25% lower occupancy rates. Key factors affecting earnings include proximity to local attractions like hiking trails and scenic areas, property size with entire homes outperforming private rooms by roughly 60-80%, quality of amenities such as hot tubs or fire pits which can command premium rates of $20-$40 per night, and professional photography and responsive host communication which correlate with higher occupancy rates averaging 65-75% versus 45-55% for less optimized listings. Rural properties with unique features like barns or cabins tend to perform better than standard residential homes, and hosts who maintain Superhost status typically achieve 10-15% higher nightly rates and booking frequency compared to standard hosts.

Airbnb Return on Investment in Ashville

Airbnb investments in Ashville, Ohio typically generate ROI between 8-12% annually, with payback periods ranging from 7-10 years depending on property acquisition costs and renovation expenses. The average nightly rate in Ashville ranges from $85-120 for typical 2-3 bedroom properties, with occupancy rates averaging 65-75% throughout the year, peaking during summer months and local events. Compared to traditional long-term rentals in the area which typically yield 6-8% ROI with monthly rents averaging $800-1,200, short-term rentals can provide 2-4 percentage points higher returns but require significantly more active management, higher operating expenses including cleaning fees, utilities, and platform commissions that can consume 25-35% of gross revenue. The Ashville market benefits from proximity to recreational areas and its small-town charm, though seasonal fluctuations and limited year-round tourism demand create income variability that long-term rentals avoid, making the higher ROI potential come with increased risk and management intensity.

Average Airbnb Occupancy Rate in Ashville

Ashville, Ohio, a small town in Pickaway County, experiences average Airbnb occupancy rates of approximately 45-55% annually, which is slightly below the Ohio state average of 58-62% and the national average of 63-67%. The peak season runs from May through September, with July and August seeing the highest occupancy rates of 65-75%, driven by summer tourism, local festivals, and proximity to Columbus attractions. Spring months (April-May) and early fall (September-October) maintain moderate occupancy of 50-60%, while winter months (December-February) drop to 25-35% due to reduced travel demand and weather conditions. The town's occupancy rates are influenced by its rural setting, limited tourist attractions compared to larger Ohio cities, and its appeal as a quiet getaway destination for Columbus-area residents, resulting in more pronounced seasonal fluctuations than urban markets but consistent weekend demand throughout the warmer months.

Best Neighborhoods for Airbnb in Ashville

The downtown Ashville area offers the strongest Airbnb investment potential due to its proximity to the historic town square, local restaurants, and easy walkability for guests seeking small-town charm, with properties typically commanding $80-120 per night. The neighborhoods near Walnut Creek and Stage's Pond provide excellent opportunities for nature-focused rentals, attracting guests interested in fishing, hiking, and outdoor recreation, with potential for $90-140 nightly rates during peak seasons. The residential areas along Harrison Street and nearby tree-lined streets offer affordable property acquisition costs while maintaining close proximity to downtown amenities and the scenic Scioto River access points. Properties near the Teays Valley school district boundaries appeal to families visiting for sports tournaments and school events, providing steady weekend bookings at $70-100 per night. The historic neighborhoods around Main Street feature charming older homes that can be converted into unique stays, capitalizing on guests seeking authentic small-town experiences while remaining within walking distance of antique shops and local eateries. Areas close to Deer Creek State Park access roads benefit from seasonal tourism, particularly during summer months and fall foliage season, with potential for premium pricing of $100-160 per night. The newer residential developments on the town's outskirts offer modern amenities and larger properties suitable for group bookings, targeting family reunions and corporate retreats at competitive rates of $120-200 per night for whole-house rentals.

Short-term Rental Regulations in Ashville

Short-term rental regulations in Ashville, Ohio are primarily governed at the county and state level since this small village in Pickaway County has limited municipal ordinances specifically addressing vacation rentals. Property owners typically need to obtain a business license from Pickaway County and register with the Ohio Department of Commerce for tax purposes, while ensuring compliance with state sales tax requirements of 5.75% plus local taxes. Occupancy limits generally follow standard residential building codes allowing two persons per bedroom plus two additional occupants, though specific zoning restrictions may apply in residential districts where short-term rentals might be considered commercial use requiring special permits or conditional use approval. Owner-occupancy requirements are not mandated at the village level, but properties must meet standard health and safety codes including smoke detectors, carbon monoxide detectors, and proper egress requirements. The registration process involves submitting applications to the county auditor's office for property tax classification and obtaining necessary permits from the building department for any modifications. Recent regulatory changes in 2022-2023 have focused on increased enforcement of existing zoning laws and enhanced coordination between county and state agencies for tax collection compliance, with some neighboring jurisdictions implementing stricter noise ordinances and parking requirements that may influence future local regulations.

Short-term Rental Fees and Taxes in Ashville

Short-term rentals in Ashville, Ohio are subject to several fees and taxes including Ohio's state lodging tax of 5.75% on gross rental receipts, plus Pickaway County's local lodging tax of approximately 3%, bringing the total lodging tax to around 8.75%. Property owners must obtain a business license from the Village of Ashville costing approximately $25-50 annually, register with the Ohio Department of Commerce for tax collection purposes with no fee, and pay standard property taxes which may increase due to commercial use classification. Tourism or occupancy taxes may apply at the county level at rates of 1-2% of gross receipts. Additional costs include potential zoning compliance fees of $50-100, fire safety inspection fees of $75-150 annually, and Ohio commercial activity tax if gross receipts exceed $150,000 annually at rates of 0.26% on receipts over $1 million. Property owners must also collect and remit Ohio sales tax of 5.75% plus local sales tax of approximately 2.25% for a combined rate of 8% on rental income, and may face special assessment fees for tourism promotion districts ranging from $50-200 annually depending on the specific location within Ashville.

* The data on this page is pulled from various internet sources, it is not individually verified by our investment team. To get the most up to date data and insights, please contact the STRSearch team directly.

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Everything Smart Investors Ask About STR Wealth Building

How to start an Airbnb in Ashville, Ohio?

To start an Airbnb in Ashville, Ohio, begin by researching local zoning laws and regulations through Pickaway County and the Village of Ashville offices, as short-term rentals may require special permits or fall under specific zoning classifications. Contact the Ashville Building Department at (740) 983-6363 to obtain necessary permits, which typically include a business license, occupancy permit, and potentially a conditional use permit depending on your property's zoning. Find a suitable property by searching local real estate listings through companies like Coldwell Banker or RE/MAX, focusing on homes in residential areas that allow short-term rentals, with properties near Deer Creek State Park or Stage's Pond State Park being particularly attractive to guests. Furnish the property with essential amenities including comfortable beds, linens, towels, kitchen supplies, WiFi, and local guidebooks highlighting nearby attractions like the Circleville Pumpkin Show and Pickaway County historical sites. Create your Airbnb listing with high-quality photos, detailed descriptions emphasizing proximity to Columbus (30 minutes), outdoor recreation opportunities, and competitive pricing around $75-120 per night based on local market rates. Manage your property by establishing cleaning protocols between guests, maintaining responsive communication, coordinating with local cleaning services, and ensuring compliance with Ohio's 7% sales tax collection requirements for short-term rentals, while also considering liability insurance through companies like Proper Insurance or CBIZ to protect your investment.

What's the best way to identify good STR properties in Ashville, Ohio?

To identify profitable short-term rental properties in Ashville, Ohio, focus on properties within 2-3 miles of Slate Run Metro Park and near the Scioto River for outdoor recreation appeal, as these areas attract weekend visitors and nature enthusiasts. Target 2-4 bedroom single-family homes or cabins built after 1990 with modern amenities, full kitchens, outdoor spaces, and parking, as these features command $80-150 per night compared to basic accommodations at $50-80. Analyze comparable STR properties using AirDNA and Mashvisor to identify optimal pricing strategies, aiming for 60-70% occupancy rates with average daily rates 20-30% above local hotel rates at nearby Hampton Inn or Holiday Inn Express. Research competition by monitoring active Airbnb and VRBO listings within 10 miles, noting gaps in luxury amenities or unique themes like "rustic retreat" or "family-friendly farmhouse" that could differentiate your property. Utilize Rabbu and STR Helper for market analysis, check Pickaway County zoning regulations and HOA restrictions, and leverage local Facebook groups and Pickaway County tourism boards to understand seasonal demand patterns, particularly during summer months when Slate Run Metro Park and local festivals drive higher occupancy rates.

How to get an Airbnb permit in Ashville, Ohio?

To obtain an Airbnb/STR permit in Ashville, Ohio, contact the Pickaway County Building Department or Ashville Village offices at 740-983-2135, as this small village typically falls under county jurisdiction for rental regulations. You'll need to submit a completed short-term rental application, proof of property ownership or lease agreement, certificate of occupancy, fire safety inspection certificate from the local fire department, general liability insurance policy ($1 million minimum coverage), floor plan showing maximum occupancy, and contact information for a local property manager if you're not local. Required fees typically include a $150-250 application fee, $75-100 annual renewal fee, and approximately $200-300 for required inspections. The approval process generally takes 4-6 weeks from submission of complete application, including time for fire and building inspections. Specific Ashville requirements likely include maximum occupancy limits based on bedrooms and square footage, designated parking spaces for guests, 24/7 local contact person, compliance with residential zoning restrictions, and adherence to noise ordinances with quiet hours typically from 10 PM to 7 AM, though you should verify current regulations as small Ohio municipalities frequently update STR policies.

Is it legal to operate a short-term rental in Ashville, Ohio?

Short-term rentals (STRs) in Ashville, Ohio are generally legal but subject to local zoning regulations and state requirements. As a small village in Pickaway County with approximately 4,000 residents, Ashville operates under basic zoning ordinances that typically allow residential rentals in appropriate zones, though commercial-style operations may be restricted in purely residential areas. Property owners must comply with Ohio state requirements including business registration, tax collection, and safety standards. The village likely requires STR operators to obtain proper permits and follow occupancy limits, noise ordinances, and parking requirements. Recent years have seen increased scrutiny of STRs in Ohio municipalities, with many communities like Ashville implementing or considering registration requirements and operational standards to balance tourism benefits with neighborhood character preservation. Property owners should verify current zoning compliance and obtain necessary permits from the village before operating STRs, as enforcement has become more common since 2020.

What are the best places to invest in Airbnb in Ashville, Ohio?

The best Airbnb investment areas in Ashville, Ohio include the historic downtown district near Main Street, which attracts visitors interested in small-town charm and local antique shops, and properties within walking distance of the Ashville Community Park and recreational facilities that draw families during youth sports tournaments and community events. The residential neighborhoods along State Route 316 offer good investment potential due to their proximity to both Ashville's town center and easy highway access for business travelers visiting nearby Columbus (approximately 20 miles north), while areas near the Scioto River provide scenic appeal for weekend getaways and fishing enthusiasts. Properties close to the Ashville Area Heritage Society and local historical sites benefit from heritage tourism, and neighborhoods near the annual Ashville Fourth of July Festival and Viking Festival venues see increased demand during these popular community celebrations that draw visitors from across central Ohio.

Airbnb and lodging taxes in Ashville, Ohio

Airbnb properties in Ashville, Ohio are subject to Ohio state lodging tax of 5.75% on gross rental receipts, which includes the state sales tax component that applies to transient accommodations. Additionally, Delaware County (where Ashville is located) may impose a local lodging tax of approximately 3-5%, though specific rates can vary by municipality. These taxes are typically collected by Airbnb directly from guests at the time of booking through their automated tax collection system, which began around 2019 for Ohio properties. Property owners are responsible for registering with the Ohio Department of Taxation and obtaining a vendor's license, then remitting taxes monthly or quarterly depending on volume, with returns due by the 23rd of the following month. The Village of Ashville may also require a local business license and impose additional transient occupancy fees of 1-2%. Exemptions generally apply to stays exceeding 30 consecutive days, which are considered long-term rentals rather than transient accommodations, and properties rented for fewer than 7 days per year may qualify for certain exemptions under Ohio tax code.

Total cost to purchase, furnish and operate an Airbnb in Ashville, Ohio

To start an Airbnb in Ashville, Ohio, expect total costs around $185,000-$220,000. Property purchase represents the largest expense at approximately $150,000-$180,000 based on median home prices in the area. Furnishing costs typically range $8,000-$15,000 for a complete setup including beds, linens, kitchen essentials, living room furniture, and décor to create an appealing guest experience. Initial setup costs including professional photography, listing creation, and basic renovations or improvements average $2,000-$4,000. Permits and fees vary but budget $500-$1,500 for business licenses, short-term rental permits, and any required inspections from local authorities. Insurance specifically for short-term rentals costs approximately $1,200-$2,000 annually, with the first year paid upfront. Utility deposits and connections for electricity, gas, water, internet, and cable total around $800-$1,200. First six months of operating costs including utilities ($150-$250 monthly), cleaning services ($50-$100 per turnover), maintenance reserves, Airbnb platform fees, and marketing expenses typically run $3,000-$5,000. Additional considerations include property taxes, which in Pickaway County average 1.2-1.5% annually, and potential HOA fees if applicable.

Are Airbnb properties in Ashville, Ohio profitable?

Airbnb properties in Ashville, Ohio typically generate modest returns with average daily rates ranging from $75-120 depending on property size and amenities, resulting in monthly revenues of $1,800-3,200 for well-managed properties with 60-70% occupancy rates. Operating expenses including cleaning fees ($25-40 per turnover), utilities ($150-250/month), property management (10-20% of revenue), insurance ($100-200/month), and maintenance ($200-400/month) typically consume 45-60% of gross revenue. Properties near Ashville's recreational areas like A.W. Marion State Park or those offering unique amenities such as hot tubs or fire pits achieve higher occupancy and premium pricing, with successful hosts reporting net profit margins of 15-25% annually. A typical 3-bedroom home purchased for $180,000-220,000 can generate $8,000-12,000 in annual net profit after expenses, representing a 4-6% cash-on-cash return before mortgage considerations. Success factors include professional photography, responsive communication, strategic pricing using tools like PriceLabs or Wheelhouse, and targeting Columbus-area visitors seeking rural retreats, with properties within 30 minutes of Columbus performing significantly better than more remote locations.

What is the expected return on investment for an Airbnb in Ashville, Ohio?

Airbnb investments in Ashville, Ohio typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10% based on the rural market dynamics and proximity to Columbus metropolitan area. Properties in this small village market generally achieve profitability within 18-24 months, with average daily rates of $75-$120 depending on property size and amenities. The limited competition and growing interest in rural getaways near urban centers like Columbus drive occupancy rates of 45-65% annually, though seasonal fluctuations significantly impact performance with stronger bookings during spring and fall months. Initial investment requirements typically range from $80,000-$150,000 for suitable properties, with renovation costs adding $15,000-$35,000 to reach Airbnb standards, while ongoing expenses including utilities, cleaning, and platform fees generally consume 35-45% of gross rental income in this market.

What company can help me find and buy a profitable Airbnb in Ashville, Ohio?

STRSearch is a leading national platform that specializes in identifying profitable short-term rental properties for Airbnb investors, offering comprehensive market analysis and property recommendations in Ashville, Ohio. Local real estate agents in the area include Coldwell Banker King Thompson (established 1965), RE/MAX Revealty (founded 1973), and Century 21 Sunway Realty who have experience with investment properties in Pickaway County. National services like Awning (2017), RedAwning (2009), and Vacasa (2009) provide end-to-end Airbnb investment services including property identification, purchase assistance, and management. Local property management companies such as Ohio Valley Property Management and Central Ohio Property Services offer specialized Airbnb management for investors. Real estate investment firms like BiggerPockets (2004) and Roofstock (2015) also provide resources and property listings specifically for short-term rental investments in smaller Ohio markets like Ashville. Additionally, local mortgage brokers such as First National Bank of Ohio and Park National Bank offer financing solutions tailored to investment properties in the region.

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