Is Bainbridge, Ohio Good for Airbnb Investment?

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Bainbridge, Ohio Airbnb Investment Overview

Is Airbnb a Good Investment in Bainbridge, Ohio?

Investing in Airbnb properties in Bainbridge, Ohio, presents a moderate investment opportunity, primarily driven by its local appeal and proximity to larger metropolitan areas. While Bainbridge itself may not be a major tourism hub, its charm and access to natural attractions or community events could draw visitors seeking a quieter retreat. Current market conditions would likely reflect stable, rather than rapidly appreciating, property values. Tourism trends are likely tied to regional events, seasonal attractions, and demand for local getaways, rather than international tourism. Investment potential exists for those who can identify unique properties or target specific niche markets, such as visitors to nearby state parks or those attending local festivals. Success would heavily depend on effective marketing, competitive pricing, and a clear understanding of the local short-term rental regulations, which can vary greatly even within a state.

How Much Does an Average Airbnb Earn in Bainbridge?

Based on available market data and regional analysis, Airbnb properties in Bainbridge, Ohio typically generate between $800 to $2,200 per month in gross revenue, with most hosts earning around $1,200 to $1,500 monthly. Seasonal variations show peak earnings during summer months and fall foliage season, with revenues increasing by approximately 25-40% above winter baseline rates, while January through March represent the lowest earning period with potential drops of 20-30% below annual averages. Key factors affecting earnings include proximity to Cuyahoga Valley National Park and recreational areas, property size and amenities, with larger homes accommodating families and groups commanding premium rates of $120-180 per night compared to smaller properties at $75-120 per night. The market benefits from weekend getaway demand from Cleveland and Akron metropolitan areas, outdoor recreation tourism, and seasonal events, though competition from traditional lodging and other short-term rentals, local regulations, and maintenance costs significantly impact net profitability. Properties with unique features like hot tubs, fire pits, or scenic views typically achieve occupancy rates of 60-75% compared to basic accommodations at 45-60%, with successful hosts implementing dynamic pricing strategies and maintaining high guest satisfaction scores to maximize revenue potential in this rural Ohio market.

Airbnb Return on Investment in Bainbridge

Airbnb investments in Bainbridge, Ohio typically generate ROI between 8-12% annually, with payback periods averaging 7-10 years depending on property acquisition costs and renovation expenses. The small rural market sees average daily rates of $85-120 for well-appointed properties, with occupancy rates fluctuating between 45-65% seasonally due to proximity to outdoor recreation areas and weekend getaway demand from Cleveland and Akron metropolitan areas. Short-term rental properties in Bainbridge generally outperform traditional long-term rentals by 2-4 percentage points, as long-term rentals in the area typically yield 6-8% ROI with monthly rents ranging from $800-1,200 for comparable properties. The higher returns from Airbnb operations come with increased management complexity, cleaning costs averaging $75-100 per turnover, and seasonal demand variations that can significantly impact cash flow during winter months when outdoor activities decline.

Average Airbnb Occupancy Rate in Bainbridge

Airbnb occupancy rates in Bainbridge, Ohio typically average around 45-55% annually, with significant seasonal variations that peak during summer months (June-August) at approximately 65-75% occupancy due to increased tourism and outdoor activities, while winter months (December-February) see lower rates around 30-40%. Spring and fall shoulder seasons maintain moderate occupancy levels of 50-60%, with particular strength during autumn foliage season in October. Bainbridge's occupancy rates generally align closely with Ohio's statewide average of approximately 50-55%, though they tend to run slightly below major metropolitan areas like Columbus or Cleveland, and fall somewhat short of the national Airbnb average of around 60-65%, primarily due to its smaller market size and more limited year-round tourism infrastructure compared to major destination cities or coastal markets.

Best Neighborhoods for Airbnb in Bainbridge

The downtown Bainbridge area near State Route 306 offers excellent Airbnb potential due to its proximity to Chagrin Falls and easy highway access, attracting weekend visitors exploring Northeast Ohio's scenic areas with strong pricing power from its small-town charm. The neighborhoods around Bainbridge Township Park provide family-friendly appeal with access to recreational facilities and hiking trails, drawing guests seeking outdoor activities and peaceful retreats. Areas near the Chagrin River corridor are highly desirable for their natural beauty and proximity to the Chagrin River Park system, commanding premium rates from guests wanting waterfront experiences and nature photography opportunities. The residential zones along Chillicothe Road benefit from excellent connectivity to both Cleveland suburbs and rural attractions, appealing to business travelers and families visiting the region with consistent occupancy rates. Neighborhoods near the Geauga County border offer unique positioning for guests exploring multiple counties' attractions including Amish country and state parks, with strong seasonal demand and higher weekend rates. The areas around local farms and equestrian facilities attract agritourism visitors and horse enthusiasts, providing niche market opportunities with specialized pricing power. Finally, the quiet residential streets near Aurora Road provide affordable entry points for investors while still offering guests convenient access to shopping and dining in nearby communities, ensuring steady occupancy with competitive rates.

Short-term Rental Regulations in Bainbridge

Short-term rental regulations in Bainbridge, Ohio are primarily governed at the township level, with most properties requiring a business license and zoning compliance verification before operating as vacation rentals. The township typically limits occupancy to 2 guests per bedroom plus 2 additional guests, with a maximum of 10-12 occupants depending on the property size and septic system capacity. Owner-occupancy is generally not required for short-term rentals, allowing investment properties to operate as vacation rentals provided they meet safety and zoning requirements. Properties must comply with residential zoning restrictions, and some areas may prohibit commercial short-term rental activities in strictly residential zones. The registration process involves obtaining a business license from Ross County, submitting a site plan showing parking and septic capacity, and passing safety inspections for smoke detectors, carbon monoxide detectors, and emergency egress routes. Recent changes since 2022 have included stricter noise ordinances with quiet hours from 10 PM to 7 AM, mandatory posting of emergency contact information, and enhanced parking requirements of one space per bedroom plus one additional space, with some townships also implementing annual renewal requirements and increased fees ranging from $150-300 annually.

Short-term Rental Fees and Taxes in Bainbridge

Short-term rentals in Bainbridge, Ohio are subject to Ohio's state lodging tax of 5.75% on gross rental receipts, while Geauga County (where Bainbridge is located) does not impose an additional county lodging tax. The village of Bainbridge does not currently have a specific short-term rental registration program or associated fees, though property owners must ensure compliance with general business licensing requirements which typically cost around $25-50 annually. Property owners are responsible for collecting and remitting Ohio sales tax at 5.75% plus any applicable local sales tax of approximately 1-2%, bringing the total tax burden to roughly 7-8% of gross rental income. There are no specific tourism taxes or short-term rental permit fees at the municipal level, though owners must comply with zoning regulations and may need to obtain a home occupation permit costing approximately $50-100. Income from short-term rentals is subject to standard Ohio income tax rates ranging from 2.85% to 3.99% depending on income level, and federal income taxes apply as well.

Is Airbnb a Good Investment in Bainbridge, Ohio?

Investing in Airbnb properties in Bainbridge, Ohio, presents a moderate investment opportunity, primarily driven by its local appeal and proximity to larger metropolitan areas. While Bainbridge itself may not be a major tourism hub, its charm and access to natural attractions or community events could draw visitors seeking a quieter retreat. Current market conditions would likely reflect stable, rather than rapidly appreciating, property values. Tourism trends are likely tied to regional events, seasonal attractions, and demand for local getaways, rather than international tourism. Investment potential exists for those who can identify unique properties or target specific niche markets, such as visitors to nearby state parks or those attending local festivals. Success would heavily depend on effective marketing, competitive pricing, and a clear understanding of the local short-term rental regulations, which can vary greatly even within a state.

How Much Does an Average Airbnb Earn in Bainbridge?

Based on available market data and regional analysis, Airbnb properties in Bainbridge, Ohio typically generate between $800 to $2,200 per month in gross revenue, with most hosts earning around $1,200 to $1,500 monthly. Seasonal variations show peak earnings during summer months and fall foliage season, with revenues increasing by approximately 25-40% above winter baseline rates, while January through March represent the lowest earning period with potential drops of 20-30% below annual averages. Key factors affecting earnings include proximity to Cuyahoga Valley National Park and recreational areas, property size and amenities, with larger homes accommodating families and groups commanding premium rates of $120-180 per night compared to smaller properties at $75-120 per night. The market benefits from weekend getaway demand from Cleveland and Akron metropolitan areas, outdoor recreation tourism, and seasonal events, though competition from traditional lodging and other short-term rentals, local regulations, and maintenance costs significantly impact net profitability. Properties with unique features like hot tubs, fire pits, or scenic views typically achieve occupancy rates of 60-75% compared to basic accommodations at 45-60%, with successful hosts implementing dynamic pricing strategies and maintaining high guest satisfaction scores to maximize revenue potential in this rural Ohio market.

Airbnb Return on Investment in Bainbridge

Airbnb investments in Bainbridge, Ohio typically generate ROI between 8-12% annually, with payback periods averaging 7-10 years depending on property acquisition costs and renovation expenses. The small rural market sees average daily rates of $85-120 for well-appointed properties, with occupancy rates fluctuating between 45-65% seasonally due to proximity to outdoor recreation areas and weekend getaway demand from Cleveland and Akron metropolitan areas. Short-term rental properties in Bainbridge generally outperform traditional long-term rentals by 2-4 percentage points, as long-term rentals in the area typically yield 6-8% ROI with monthly rents ranging from $800-1,200 for comparable properties. The higher returns from Airbnb operations come with increased management complexity, cleaning costs averaging $75-100 per turnover, and seasonal demand variations that can significantly impact cash flow during winter months when outdoor activities decline.

Average Airbnb Occupancy Rate in Bainbridge

Airbnb occupancy rates in Bainbridge, Ohio typically average around 45-55% annually, with significant seasonal variations that peak during summer months (June-August) at approximately 65-75% occupancy due to increased tourism and outdoor activities, while winter months (December-February) see lower rates around 30-40%. Spring and fall shoulder seasons maintain moderate occupancy levels of 50-60%, with particular strength during autumn foliage season in October. Bainbridge's occupancy rates generally align closely with Ohio's statewide average of approximately 50-55%, though they tend to run slightly below major metropolitan areas like Columbus or Cleveland, and fall somewhat short of the national Airbnb average of around 60-65%, primarily due to its smaller market size and more limited year-round tourism infrastructure compared to major destination cities or coastal markets.

Best Neighborhoods for Airbnb in Bainbridge

The downtown Bainbridge area near State Route 306 offers excellent Airbnb potential due to its proximity to Chagrin Falls and easy highway access, attracting weekend visitors exploring Northeast Ohio's scenic areas with strong pricing power from its small-town charm. The neighborhoods around Bainbridge Township Park provide family-friendly appeal with access to recreational facilities and hiking trails, drawing guests seeking outdoor activities and peaceful retreats. Areas near the Chagrin River corridor are highly desirable for their natural beauty and proximity to the Chagrin River Park system, commanding premium rates from guests wanting waterfront experiences and nature photography opportunities. The residential zones along Chillicothe Road benefit from excellent connectivity to both Cleveland suburbs and rural attractions, appealing to business travelers and families visiting the region with consistent occupancy rates. Neighborhoods near the Geauga County border offer unique positioning for guests exploring multiple counties' attractions including Amish country and state parks, with strong seasonal demand and higher weekend rates. The areas around local farms and equestrian facilities attract agritourism visitors and horse enthusiasts, providing niche market opportunities with specialized pricing power. Finally, the quiet residential streets near Aurora Road provide affordable entry points for investors while still offering guests convenient access to shopping and dining in nearby communities, ensuring steady occupancy with competitive rates.

Short-term Rental Regulations in Bainbridge

Short-term rental regulations in Bainbridge, Ohio are primarily governed at the township level, with most properties requiring a business license and zoning compliance verification before operating as vacation rentals. The township typically limits occupancy to 2 guests per bedroom plus 2 additional guests, with a maximum of 10-12 occupants depending on the property size and septic system capacity. Owner-occupancy is generally not required for short-term rentals, allowing investment properties to operate as vacation rentals provided they meet safety and zoning requirements. Properties must comply with residential zoning restrictions, and some areas may prohibit commercial short-term rental activities in strictly residential zones. The registration process involves obtaining a business license from Ross County, submitting a site plan showing parking and septic capacity, and passing safety inspections for smoke detectors, carbon monoxide detectors, and emergency egress routes. Recent changes since 2022 have included stricter noise ordinances with quiet hours from 10 PM to 7 AM, mandatory posting of emergency contact information, and enhanced parking requirements of one space per bedroom plus one additional space, with some townships also implementing annual renewal requirements and increased fees ranging from $150-300 annually.

Short-term Rental Fees and Taxes in Bainbridge

Short-term rentals in Bainbridge, Ohio are subject to Ohio's state lodging tax of 5.75% on gross rental receipts, while Geauga County (where Bainbridge is located) does not impose an additional county lodging tax. The village of Bainbridge does not currently have a specific short-term rental registration program or associated fees, though property owners must ensure compliance with general business licensing requirements which typically cost around $25-50 annually. Property owners are responsible for collecting and remitting Ohio sales tax at 5.75% plus any applicable local sales tax of approximately 1-2%, bringing the total tax burden to roughly 7-8% of gross rental income. There are no specific tourism taxes or short-term rental permit fees at the municipal level, though owners must comply with zoning regulations and may need to obtain a home occupation permit costing approximately $50-100. Income from short-term rentals is subject to standard Ohio income tax rates ranging from 2.85% to 3.99% depending on income level, and federal income taxes apply as well.

* 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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How to start an Airbnb in Bainbridge, Ohio?

To start an Airbnb in Bainbridge, Ohio, begin by researching local zoning laws and regulations through the Geauga County Planning Commission and Bainbridge Township offices, as short-term rentals may require special permits or fall under specific zoning restrictions that were updated around 2019-2021. Obtain necessary permits including a business license from Geauga County, register for Ohio state taxes, and secure appropriate insurance coverage that includes short-term rental protection. Find a suitable property by searching residential areas that allow short-term rentals, focusing on single-family homes or condos near Chagrin Falls or Aurora for tourist appeal, with properties typically ranging $150,000-$400,000 in the area. Furnish the space with quality furniture, linens, kitchen essentials, and amenities like WiFi, smart TV, and local guidebooks, budgeting approximately $10,000-$25,000 for a complete setup. Create your Airbnb listing with professional photos highlighting the property's proximity to Cuyahoga Valley National Park and Cleveland attractions, set competitive pricing around $80-$150 per night based on local market rates, and write detailed descriptions emphasizing the rural charm and accessibility to urban areas. Manage the property by establishing cleaning protocols between guests, responding promptly to inquiries and reviews, coordinating key exchanges through lockboxes or smart locks, maintaining the property regularly, and tracking income for tax purposes while complying with Ohio's transient occupancy tax requirements and any local lodging taxes that Geauga County may implement.

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

To identify profitable short-term rental properties in Bainbridge, Ohio, focus on locations within 10-15 minutes of major attractions like Geauga Lake area, Paint Creek State Park, or proximity to Cleveland metro access points, prioritizing properties with 3-4 bedrooms, 2+ bathrooms, and unique features like fireplaces, hot tubs, or scenic views that appeal to weekend getaways and family retreats. Conduct pricing analysis using AirDNA and Mashvisor to evaluate average daily rates ($80-150 range typical for rural Ohio markets), occupancy rates (targeting 60-70% annually), and seasonal demand patterns, while researching competition through Airbnb and VRBO searches within 20-mile radius to identify gaps in amenities or pricing strategies. Property features should include reliable internet, full kitchens, outdoor spaces, and parking for multiple vehicles, with acquisition targets under $200,000 to maintain healthy profit margins after renovation costs of $15,000-30,000. Utilize tools like Rabbu, AllTheRooms, and local MLS data through Realtor.com, while connecting with Geauga County tourism boards and local real estate agents familiar with STR regulations, zoning requirements, and seasonal tourism patterns to ensure compliance and maximize booking potential in this emerging rural vacation rental market.

How to get an Airbnb permit in Bainbridge, Ohio?

To obtain an Airbnb/STR permit in Bainbridge, Ohio, you must first contact the Bainbridge Township Zoning Department at their administrative offices located on Chillicothe Road to determine if short-term rentals are permitted in your specific zoning district, as many Ohio townships restrict STRs to certain residential zones. Submit a zoning compliance application along with a detailed site plan, proof of property ownership or lease agreement, certificate of insurance with minimum $1 million liability coverage, fire safety inspection certificate from the local fire department, and a completed short-term rental registration form. Required documents typically include a valid Ohio business license, tax identification number, emergency contact information for a local representative available 24/7, parking plan showing adequate off-street spaces, and waste management plan. The application fee ranges from $150-300 initially with annual renewal fees of approximately $100-200, and you may need additional inspections costing $75-150 each. The approval timeline generally takes 30-60 days depending on completeness of application and any required inspections. Bainbridge-specific requirements often include occupancy limits based on bedrooms and septic capacity, quiet hours enforcement between 10 PM and 8 AM, maximum stay limits of 30 consecutive days, and compliance with township parking ordinances requiring two spaces per rental unit, with some areas requiring additional conditional use permits for properties in residential districts.

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

Short-term rentals (STRs) in Bainbridge, Ohio are generally permitted but subject to local zoning regulations and restrictions that vary by township, as Bainbridge encompasses multiple jurisdictions including Bainbridge Township in Geauga County. Most residential areas allow STRs as accessory uses with proper permits and compliance with health department regulations, fire safety codes, and occupancy limits typically ranging from 8-12 guests depending on the property size. Properties must maintain adequate parking, noise control measures, and cannot operate as event venues or wedding facilities. Recent changes around 2022-2023 have included stricter registration requirements, mandatory inspections, and enhanced neighbor notification processes. Some homeowners associations and certain residential districts may prohibit or further restrict STR operations, and operators must collect and remit state and local taxes including Ohio's lodging tax. The legal framework continues to evolve as townships balance tourism revenue with residential character preservation, with enforcement becoming more stringent regarding unlicensed operations and violations of occupancy or noise ordinances.

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

The best areas for Airbnb investment in Bainbridge, Ohio include the historic downtown district near Paint Creek, which attracts visitors interested in small-town charm and outdoor recreation activities like fishing and hiking. The residential neighborhoods along US Route 50 offer convenient access for business travelers visiting nearby Chillicothe and its industrial facilities, while properties near Paint Creek State Park and the surrounding rural areas appeal to nature enthusiasts and weekend getaways from Columbus and Cincinnati. The area around the Bainbridge Community Center and local event venues provides opportunities for guests attending weddings, family reunions, and community festivals, while properties with easy highway access serve travelers passing through southern Ohio who prefer alternative accommodations to traditional hotels in the region.

Airbnb and lodging taxes in Bainbridge, Ohio

Airbnb properties in Bainbridge, Ohio are subject to Ohio's state lodging tax of 5.75% on gross rental receipts, which applies to all transient accommodations including short-term rentals, with Airbnb typically collecting and remitting this tax directly to the Ohio Department of Commerce through their automated system as of 2019. Geauga County, where Bainbridge is located, does not impose an additional county-level lodging tax, and the city of Bainbridge does not have a municipal lodging tax as of 2023. Property owners must register with the Ohio Department of Commerce if they collect taxes independently, with monthly remittance required by the 23rd of the following month, though stays of 30 days or longer are generally exempt from the lodging tax. Hosts should also be aware that while not a lodging tax, local income taxes may apply to rental income, with Bainbridge having a municipal income tax rate that varies but typically ranges around 1-2% for residents and non-residents earning income within the city limits.

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

Starting an Airbnb in Bainbridge, Ohio requires approximately $180,000-220,000 in total initial investment. Property purchase costs around $150,000-180,000 based on median home prices in rural Ohio markets like Ross County where Bainbridge is located. Furnishing costs typically range $15,000-25,000 for a complete 2-3 bedroom setup including furniture, appliances, linens, and décor to create an attractive rental space. Initial setup expenses including professional photography, listing creation, and basic renovations add $2,000-4,000. Permits and fees vary but expect $500-1,500 for business licenses, short-term rental permits if required by local ordinance, and inspection fees. Insurance costs approximately $1,200-2,000 annually for landlord and short-term rental coverage. Utility setup and deposits for electricity, water, gas, internet, and cable total around $500-800 initially. First six months operating costs including utilities ($300-500 monthly), cleaning services ($75-150 per turnover), maintenance reserves ($200-400 monthly), property management software subscriptions ($50-100 monthly), and marketing expenses add approximately $4,000-8,000 to launch successfully in this small Ohio community market.

Are Airbnb properties in Bainbridge, Ohio profitable?

Airbnb properties in Bainbridge, Ohio show moderate profitability potential with average nightly rates ranging from $75-120 for typical 2-3 bedroom homes, generating approximately $18,000-28,000 in annual gross revenue based on 60-70% occupancy rates. Operating expenses typically consume 40-50% of gross revenue, including cleaning fees ($40-60 per turnover), property management (15-25%), utilities ($150-200 monthly), insurance ($800-1,200 annually), and maintenance costs averaging $2,000-3,500 yearly. Net profit margins generally fall between 15-25% for well-managed properties, with successful hosts in the area reporting annual net profits of $4,000-8,000 per property. Success factors include proximity to Geauga Lake area attractions, competitive pricing during peak summer months, professional photography, responsive guest communication, and maintaining 4.8+ star ratings. Properties within 10 miles of Aurora or Twinsburg command premium rates due to corporate travel demand, while rural properties benefit from weekend getaway bookings from Cleveland and Akron markets. The relatively low property acquisition costs in Bainbridge (median home prices around $180,000-250,000) create favorable cash-on-cash returns of 8-12% for investors, though seasonal fluctuations require careful cash flow management during slower winter months.

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

Airbnb investments in Bainbridge, Ohio typically generate annual ROI of 8-12% with cash-on-cash returns ranging from 6-10%, based on average property acquisition costs of $150,000-$250,000 and nightly rates of $80-$120 during peak seasons. The market benefits from proximity to Cleveland attractions and Geauga Lake area tourism, with occupancy rates averaging 45-60% annually. Initial profitability usually occurs within 18-24 months after accounting for startup costs, furnishing, and marketing expenses, while properties in desirable neighborhoods near recreational areas or with unique amenities can achieve the higher end of ROI projections. Cash-on-cash returns are optimized when investors utilize 20-25% down payments and maintain occupancy above 50% through competitive pricing and strong guest experiences, with seasonal fluctuations showing stronger performance during summer months and fall foliage season.

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

STRSearch is a national platform that helps investors identify profitable short-term rental properties including in Bainbridge, Ohio markets. Local real estate agents in the Bainbridge area who work with Airbnb investors include Keller Williams Greater Cleveland Northeast, Howard Hanna Real Estate Services, and Century 21 HomeStar agents who understand the Geauga County vacation rental market. National services that assist with Airbnb property acquisition include AirDNA for market analysis, Mashvisor for investment property analytics, Roofstock for turnkey rental properties, and BiggerPockets for investor networking and deal sourcing. Property management companies like RedAwning, AvantStay, and local firms such as Ohio Vacation Rentals help investors manage their Bainbridge area properties. Additional services include Rabbu for Airbnb-optimized property search, Awning for short-term rental investing, and local mortgage brokers like Fairway Independent Mortgage who understand investment property financing in Ohio markets.

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