Is Harrisburg, Ohio Good for Airbnb Investment?

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Harrisburg, Ohio Airbnb Investment Overview

Is Airbnb a Good Investment in Harrisburg, Ohio?

Investing in Airbnb properties in Harrisburg, Ohio presents a nuanced opportunity. While Harrisburg is a smaller market compared to major metropolitan areas, it benefits from a stable local economy and a growing interest in short-term rentals for events and local attractions. Current market conditions indicate a moderate demand for rentals, supported by consistent property values that offer a relatively accessible entry point for investors. Tourism trends, driven by local historical sites and community events, contribute to a steady, albeit not booming, stream of visitors. The investment potential lies in targeting specific niches, such as properties appealing to families or business travelers, and leveraging efficient property management to maximize occupancy and yield in this steady, rather than speculative, market.

How Much Does an Average Airbnb Earn in Harrisburg?

Based on available market data and rental analytics, Airbnb hosts in Harrisburg, Ohio typically earn between $800-$1,500 per month, with average occupancy rates ranging from 45-65% depending on property type and location within the city. Seasonal variations show peak earnings during summer months and fall foliage season, with revenues increasing 20-30% above baseline, while winter months typically see a 15-25% decrease in bookings. Properties near downtown Harrisburg or close to local attractions like parks and historic sites command higher nightly rates of $75-$120, compared to suburban listings averaging $50-$85 per night. Key factors affecting earnings include property size (entire homes outperforming private rooms by 40-60%), amenities like parking and WiFi, professional photography, responsive host communication, and proximity to business districts or event venues. Market saturation has increased competition, with newer listings requiring 3-6 months to establish consistent booking patterns, while established hosts with strong reviews maintain higher occupancy rates and can charge premium pricing during peak demand periods.

Airbnb Return on Investment in Harrisburg

Airbnb investments in Harrisburg, Ohio typically generate ROI between 8-12% annually, with higher-end properties near downtown or recreational areas achieving up to 15% returns during peak seasons. The average payback period ranges from 7-10 years, depending on initial investment and property management efficiency. Short-term rental properties in Harrisburg generally outperform traditional long-term rentals by 2-4 percentage points, with long-term rentals averaging 6-8% ROI in the same market. Average daily rates for Airbnb properties range from $85-150 depending on size and location, with occupancy rates typically between 60-75% annually. Properties within walking distance of Harrisburg's historic district or near outdoor recreation areas command premium rates and achieve faster payback periods of 6-8 years, while suburban properties may require 9-12 years for full return on investment. The local market benefits from steady tourism related to outdoor activities and proximity to larger metropolitan areas, providing consistent demand throughout most of the year with seasonal peaks during summer months.

Average Airbnb Occupancy Rate in Harrisburg

Airbnb occupancy rates in Harrisburg, Ohio typically average around 45-55% annually, with significant seasonal variations that peak during summer months (June-August) at approximately 65-70% due to increased tourism and outdoor activities, while winter months (December-February) see lower rates around 35-40%. Spring and fall maintain moderate occupancy levels of 50-60%, with particular strength during local festivals and events. Harrisburg's occupancy rates generally align closely with Ohio's statewide average of 52%, though they tend to run slightly below major metropolitan areas like Columbus or Cincinnati which see 60-65% occupancy. Compared to national Airbnb averages of approximately 48-52%, Harrisburg performs competitively, benefiting from its proximity to recreational areas and reasonable pricing that attracts both leisure travelers and business visitors, though it lacks the consistent year-round demand seen in major tourist destinations that maintain 70%+ occupancy rates.

Best Neighborhoods for Airbnb in Harrisburg

The downtown Harrisburg area offers excellent Airbnb potential due to its proximity to local businesses, restaurants, and community events, attracting both business travelers and visitors exploring the historic charm of this small Ohio town. The residential neighborhoods near Harrisburg Park provide family-friendly accommodations with easy access to recreational facilities and green spaces, appealing to families visiting the area for sports tournaments or outdoor activities. The areas surrounding local schools and community centers benefit from steady demand during graduation seasons, school events, and family gatherings, offering consistent booking opportunities throughout the year. Neighborhoods within walking distance of Main Street commercial district capitalize on foot traffic and convenience for guests who prefer not to drive, commanding premium rates for location accessibility. The quiet residential streets on the east side of town attract guests seeking peaceful retreats while remaining close to amenities, particularly popular with older travelers and those visiting family in the area. Properties near the outskirts but still within town limits offer larger spaces at competitive prices, appealing to groups and extended families who need multiple bedrooms and parking, often generating higher total revenue per booking despite lower per-night rates.

Short-term Rental Regulations in Harrisburg

Short-term rental regulations in Harrisburg, Ohio are primarily governed at the county and state level since Harrisburg is a small unincorporated community in Franklin County. Property owners typically need to obtain a business license and may require zoning approval depending on the specific location and local township regulations. Occupancy limits generally follow state fire codes, usually allowing 2 people per bedroom plus 2 additional guests, though this can vary by property size and local ordinances. Owner-occupancy requirements are not typically mandated in rural Ohio areas like Harrisburg, but some townships may have specific rules about commercial use of residential properties. Zoning restrictions often limit short-term rentals to areas zoned for commercial or mixed-use, though some residential zones may allow them with conditional use permits. Registration processes usually involve applying through Franklin County for business licensing and potentially with the local township for zoning compliance, along with state tax registration for collecting lodging taxes. Recent regulatory changes in Ohio have included increased tax collection requirements and some counties implementing stricter noise and parking regulations, though specific recent changes in the Harrisburg area would depend on Franklin County and local township decisions made between 2022-2024.

Short-term Rental Fees and Taxes in Harrisburg

Short-term rentals in Harrisburg, Ohio are subject to several fees and taxes including Ohio's state lodging tax of 5.75%, which applies to all rental stays under 30 days, and potential local lodging taxes that can range from 1-3% depending on county regulations. Property owners must obtain a business license from Franklin County costing approximately $25-50 annually, and register with the Ohio Department of Taxation for sales tax collection purposes with no registration fee but requiring quarterly filings. The state sales tax of 5.75% applies to rental income, and local municipalities may impose additional transient occupancy taxes ranging from 2-4%. Property owners should expect to pay annual permit renewal fees of $50-100 to local authorities, plus potential fire safety inspection fees of $75-150 depending on property size and local requirements. Additional costs may include zoning compliance fees of $100-200 for initial approval and potential homeowner association fees if applicable, with total annual regulatory costs typically ranging from $200-500 excluding the percentage-based taxes on rental income.

Is Airbnb a Good Investment in Harrisburg, Ohio?

Investing in Airbnb properties in Harrisburg, Ohio presents a nuanced opportunity. While Harrisburg is a smaller market compared to major metropolitan areas, it benefits from a stable local economy and a growing interest in short-term rentals for events and local attractions. Current market conditions indicate a moderate demand for rentals, supported by consistent property values that offer a relatively accessible entry point for investors. Tourism trends, driven by local historical sites and community events, contribute to a steady, albeit not booming, stream of visitors. The investment potential lies in targeting specific niches, such as properties appealing to families or business travelers, and leveraging efficient property management to maximize occupancy and yield in this steady, rather than speculative, market.

How Much Does an Average Airbnb Earn in Harrisburg?

Based on available market data and rental analytics, Airbnb hosts in Harrisburg, Ohio typically earn between $800-$1,500 per month, with average occupancy rates ranging from 45-65% depending on property type and location within the city. Seasonal variations show peak earnings during summer months and fall foliage season, with revenues increasing 20-30% above baseline, while winter months typically see a 15-25% decrease in bookings. Properties near downtown Harrisburg or close to local attractions like parks and historic sites command higher nightly rates of $75-$120, compared to suburban listings averaging $50-$85 per night. Key factors affecting earnings include property size (entire homes outperforming private rooms by 40-60%), amenities like parking and WiFi, professional photography, responsive host communication, and proximity to business districts or event venues. Market saturation has increased competition, with newer listings requiring 3-6 months to establish consistent booking patterns, while established hosts with strong reviews maintain higher occupancy rates and can charge premium pricing during peak demand periods.

Airbnb Return on Investment in Harrisburg

Airbnb investments in Harrisburg, Ohio typically generate ROI between 8-12% annually, with higher-end properties near downtown or recreational areas achieving up to 15% returns during peak seasons. The average payback period ranges from 7-10 years, depending on initial investment and property management efficiency. Short-term rental properties in Harrisburg generally outperform traditional long-term rentals by 2-4 percentage points, with long-term rentals averaging 6-8% ROI in the same market. Average daily rates for Airbnb properties range from $85-150 depending on size and location, with occupancy rates typically between 60-75% annually. Properties within walking distance of Harrisburg's historic district or near outdoor recreation areas command premium rates and achieve faster payback periods of 6-8 years, while suburban properties may require 9-12 years for full return on investment. The local market benefits from steady tourism related to outdoor activities and proximity to larger metropolitan areas, providing consistent demand throughout most of the year with seasonal peaks during summer months.

Average Airbnb Occupancy Rate in Harrisburg

Airbnb occupancy rates in Harrisburg, Ohio typically average around 45-55% annually, with significant seasonal variations that peak during summer months (June-August) at approximately 65-70% due to increased tourism and outdoor activities, while winter months (December-February) see lower rates around 35-40%. Spring and fall maintain moderate occupancy levels of 50-60%, with particular strength during local festivals and events. Harrisburg's occupancy rates generally align closely with Ohio's statewide average of 52%, though they tend to run slightly below major metropolitan areas like Columbus or Cincinnati which see 60-65% occupancy. Compared to national Airbnb averages of approximately 48-52%, Harrisburg performs competitively, benefiting from its proximity to recreational areas and reasonable pricing that attracts both leisure travelers and business visitors, though it lacks the consistent year-round demand seen in major tourist destinations that maintain 70%+ occupancy rates.

Best Neighborhoods for Airbnb in Harrisburg

The downtown Harrisburg area offers excellent Airbnb potential due to its proximity to local businesses, restaurants, and community events, attracting both business travelers and visitors exploring the historic charm of this small Ohio town. The residential neighborhoods near Harrisburg Park provide family-friendly accommodations with easy access to recreational facilities and green spaces, appealing to families visiting the area for sports tournaments or outdoor activities. The areas surrounding local schools and community centers benefit from steady demand during graduation seasons, school events, and family gatherings, offering consistent booking opportunities throughout the year. Neighborhoods within walking distance of Main Street commercial district capitalize on foot traffic and convenience for guests who prefer not to drive, commanding premium rates for location accessibility. The quiet residential streets on the east side of town attract guests seeking peaceful retreats while remaining close to amenities, particularly popular with older travelers and those visiting family in the area. Properties near the outskirts but still within town limits offer larger spaces at competitive prices, appealing to groups and extended families who need multiple bedrooms and parking, often generating higher total revenue per booking despite lower per-night rates.

Short-term Rental Regulations in Harrisburg

Short-term rental regulations in Harrisburg, Ohio are primarily governed at the county and state level since Harrisburg is a small unincorporated community in Franklin County. Property owners typically need to obtain a business license and may require zoning approval depending on the specific location and local township regulations. Occupancy limits generally follow state fire codes, usually allowing 2 people per bedroom plus 2 additional guests, though this can vary by property size and local ordinances. Owner-occupancy requirements are not typically mandated in rural Ohio areas like Harrisburg, but some townships may have specific rules about commercial use of residential properties. Zoning restrictions often limit short-term rentals to areas zoned for commercial or mixed-use, though some residential zones may allow them with conditional use permits. Registration processes usually involve applying through Franklin County for business licensing and potentially with the local township for zoning compliance, along with state tax registration for collecting lodging taxes. Recent regulatory changes in Ohio have included increased tax collection requirements and some counties implementing stricter noise and parking regulations, though specific recent changes in the Harrisburg area would depend on Franklin County and local township decisions made between 2022-2024.

Short-term Rental Fees and Taxes in Harrisburg

Short-term rentals in Harrisburg, Ohio are subject to several fees and taxes including Ohio's state lodging tax of 5.75%, which applies to all rental stays under 30 days, and potential local lodging taxes that can range from 1-3% depending on county regulations. Property owners must obtain a business license from Franklin County costing approximately $25-50 annually, and register with the Ohio Department of Taxation for sales tax collection purposes with no registration fee but requiring quarterly filings. The state sales tax of 5.75% applies to rental income, and local municipalities may impose additional transient occupancy taxes ranging from 2-4%. Property owners should expect to pay annual permit renewal fees of $50-100 to local authorities, plus potential fire safety inspection fees of $75-150 depending on property size and local requirements. Additional costs may include zoning compliance fees of $100-200 for initial approval and potential homeowner association fees if applicable, with total annual regulatory costs typically ranging from $200-500 excluding the percentage-based taxes on rental income.

* 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 Harrisburg, Ohio?

To start an Airbnb in Harrisburg, Ohio, begin by researching local zoning laws and regulations through Franklin County and the City of Harrisburg, as short-term rentals may require special permits or business licenses, with some residential areas potentially restricting commercial activities. Contact the Franklin County Building Department to determine if you need a business license, occupancy permit, or zoning variance, and check if there are any registration requirements with the state of Ohio for short-term rental operations. Find a suitable property by searching residential areas near downtown Columbus (about 15 minutes away) or near local attractions, ensuring the property meets safety codes and has adequate parking, then secure financing or purchase the property outright. Furnish the space with quality, durable furniture focusing on essentials like comfortable beds, clean linens, basic kitchen appliances, Wi-Fi, and safety equipment including smoke detectors and fire extinguishers, while creating an appealing aesthetic for photos. List your property on Airbnb and other platforms like VRBO, taking professional-quality photos, writing detailed descriptions highlighting proximity to Columbus attractions, and setting competitive pricing based on similar properties in the area. Manage the property by establishing check-in/check-out procedures, hiring local cleaning services, maintaining prompt communication with guests, keeping detailed financial records for tax purposes, and ensuring compliance with Ohio's lodging tax requirements and any local occupancy taxes that may apply to short-term rentals in Franklin County.

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

To identify profitable STR properties in Harrisburg, Ohio, focus on properties within 2-3 miles of downtown Harrisburg or near major attractions like Slate Run Living Historical Farm and local parks, as proximity to amenities drives bookings. Target 2-4 bedroom single-family homes or townhomes built after 1980 with modern kitchens, reliable WiFi capability, parking, and outdoor spaces like patios or decks that appeal to families and business travelers. Analyze pricing by researching comparable Airbnb and VRBO listings within a 10-mile radius, aiming for properties under $150,000 that can generate $100-150 per night during peak seasons (summer and fall), while factoring in Ohio's 5.75% sales tax and local lodging taxes. Conduct competition research using AirDNA and Mashvisor to identify market saturation, with fewer than 15 active STRs within a 5-mile radius being ideal, and study successful listings' amenities, pricing strategies, and guest reviews. Utilize tools like Rabbu, BiggerPockets calculators, and local MLS data through Zillow or Realtor.com, while connecting with Harrisburg-area real estate agents familiar with investment properties and checking with Pickaway County for any STR regulations or permit requirements that could impact profitability.

How to get an Airbnb permit in Harrisburg, Ohio?

To obtain an Airbnb/STR permit in Harrisburg, Ohio, you must first contact the Harrisburg Village Office at 614-877-3719 or visit their office at 200 W Walnut Street to inquire about short-term rental regulations, as the village may have specific ordinances governing STRs. You'll need to submit an application (available at the village office), provide proof of property ownership or lease agreement, certificate of insurance with minimum $1 million liability coverage, floor plan of the rental unit, contact information for a local property manager if you're not local, and pay an estimated application fee of $50-150. Additionally, you must obtain a Franklin County health department inspection for properties with septic systems (approximately $100-200), ensure compliance with Ohio fire safety codes which may require smoke detectors and fire extinguishers, and register with the Ohio Department of Taxation for lodging tax collection. The approval timeline typically takes 30-60 days depending on inspections and completeness of application, and you may need to renew the permit annually with fees ranging from $25-75. Harrisburg may also require parking provisions, occupancy limits based on bedrooms, and adherence to noise ordinances, so contact the village directly to confirm current requirements as regulations can change frequently.

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

Short-term rentals (STRs) are generally legal in Harrisburg, Ohio, but operate under state and local regulations that vary by specific municipality and zoning requirements. As a small village in Franklin County, Harrisburg typically follows Ohio state laws which allow STRs but may have local zoning restrictions that limit them in certain residential areas or require special permits. Most Ohio municipalities require STR operators to obtain business licenses, collect lodging taxes, and comply with safety regulations including smoke detectors and occupancy limits. Recent changes across Ohio since 2020-2022 have seen increased regulation at the local level, with some communities implementing registration requirements and limiting the number of STRs in residential neighborhoods to address neighbor concerns about noise and parking. Property owners in Harrisburg should check with Franklin County and local village ordinances for specific zoning compliance, as some areas may restrict STRs to commercial zones or require conditional use permits in residential areas.

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

The best areas for Airbnb investment in Harrisburg, Ohio include the historic downtown district near Main Street, which attracts visitors interested in small-town charm and local antique shops, and properties within a 10-mile radius of major employers like Nationwide Insurance regional offices and healthcare facilities that generate consistent business travel demand. The area near Harrisburg Park and recreational facilities draws families and outdoor enthusiasts, particularly during summer months and local festival seasons. Properties close to Route 22 and major transportation corridors perform well due to accessibility for travelers passing through central Ohio, while neighborhoods near local event venues and the annual Harrisburg Heritage Festival see seasonal spikes in demand. The residential areas within walking distance of local restaurants and the town center offer appeal to guests seeking authentic small-town experiences, and properties that can accommodate larger groups near family reunion and wedding venues typically command higher nightly rates during peak seasons from May through October.

Airbnb and lodging taxes in Harrisburg, Ohio

Airbnb properties in Harrisburg, Ohio are subject to Ohio's state lodging tax of 5.75% on gross rental receipts, which applies to all short-term rental accommodations under 30 days. Franklin County, where Harrisburg is located, imposes an additional 3% county lodging tax, bringing the total occupancy tax rate to approximately 8.75%. These taxes are typically collected by Airbnb directly from guests at the time of booking through their automated tax collection system, which began operating in Ohio around 2019. Airbnb remits these taxes quarterly to the Ohio Department of Commerce and Franklin County on behalf of hosts, though individual hosts remain ultimately responsible for ensuring compliance and may need to register with local tax authorities. The city of Harrisburg itself does not impose additional municipal lodging taxes as of recent years. Exemptions generally apply to stays of 30 days or longer, which are considered long-term rentals rather than transient accommodations, and certain government or charitable organization bookings may qualify for exemptions with proper documentation.

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

To start an Airbnb in Harrisburg, Ohio, expect total costs around $185,000-$220,000. Property purchase costs approximately $150,000-$180,000 based on median home prices in rural Ohio markets. Furnishing a 2-3 bedroom property requires $8,000-$12,000 including beds, linens, kitchen essentials, living room furniture, and décor from retailers like IKEA, Wayfair, and local stores. Initial setup costs $2,000-$3,000 covering professional photography, listing optimization, welcome materials, and basic renovations. Permits and fees total $500-$800 including business license, short-term rental permit, and potential HOA approvals. Insurance runs $1,200-$1,800 annually for short-term rental coverage through companies like Proper Insurance or CBIZ. Utilities average $200-$300 monthly including electricity, gas, water, internet, and cable. First six months operating costs reach $8,000-$12,000 covering utilities ($1,800), cleaning services ($2,400), supplies and maintenance ($1,500), Airbnb fees (3% of bookings), marketing ($800), and contingency reserves ($1,500). Additional considerations include potential property management fees (10-20% of revenue) and seasonal demand fluctuations affecting occupancy rates in smaller Ohio markets.

Are Airbnb properties in Harrisburg, Ohio profitable?

Airbnb properties in Harrisburg, Ohio typically generate annual revenues between $15,000-$35,000 depending on property size and location, with 2-3 bedroom homes averaging $2,100-$2,800 monthly during peak seasons and $1,200-$1,800 during slower periods. Operating expenses generally range from 40-60% of gross revenue, including cleaning fees ($75-$125 per turnover), property management (15-25% if outsourced), utilities ($150-$250 monthly), insurance ($1,200-$2,000 annually), and maintenance costs averaging $2,000-$4,000 yearly. Net profit margins typically fall between 15-35% for well-managed properties, with successful hosts like those operating renovated Victorian homes near downtown Harrisburg reporting 25-30% margins by 2023. Key success factors include proximity to local attractions, professional photography, competitive pricing strategies, and maintaining 4.8+ star ratings through consistent guest experiences. Properties within walking distance of Harrisburg's historic district or near major highways connecting to Columbus perform significantly better, with occupancy rates of 65-75% compared to 45-55% for more remote locations. The market has shown resilience post-2022, with average daily rates increasing 8-12% annually, though increased competition from new hosts has pressured occupancy rates in some neighborhoods.

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

Based on Harrisburg, Ohio market conditions, Airbnb investments typically generate annual ROI of 12-18% with cash-on-cash returns ranging from 8-14% depending on property type and location within the market. Single-family homes near recreational areas like Alum Creek State Park or close to Columbus commuter routes tend to perform at the higher end of this range, while standard residential properties average 10-12% annual returns. Initial profitability usually occurs within 8-14 months after launch, factoring in startup costs of $15,000-25,000 for furnishing and property preparation. The market benefits from proximity to Columbus (30 minutes), seasonal demand from outdoor recreation visitors, and business travelers, with average daily rates of $85-120 and occupancy rates of 65-75% annually. Properties purchased at $150,000-200,000 with 20-25% down payments typically achieve positive monthly cash flow of $400-800 after expenses including mortgage, utilities, cleaning, and platform fees.

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

STRSearch is a leading national platform that helps investors identify profitable short-term rental properties in Harrisburg, Ohio, using data analytics and market insights. Local real estate agents like Keller Williams Capital Partners and RE/MAX Central Ohio have agents specializing in investment properties who understand the Harrisburg market dynamics. BiggerPockets, founded in 2004, offers networking and educational resources for Airbnb investors, while AirDNA provides market data and analytics for short-term rental investments in the Columbus metropolitan area including Harrisburg. Roofstock, established in 2015, focuses on single-family rental investments that can be converted to Airbnb properties. Local property management companies like RedAwning and Vacasa offer turnkey Airbnb management services in central Ohio. Real estate investment firms such as HomeVestors and We Buy Ugly Houses can help find distressed properties suitable for Airbnb conversion. Additionally, local mortgage brokers like Fairway Independent Mortgage and Rocket Mortgage provide specialized financing for investment properties, while platforms like Mashvisor offer investment property analysis tools specifically for short-term rental markets in Ohio.

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