Lakewood Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in Ohio, United States
Is Airbnb profitable in Lakewood in 2025? Explore comprehensive Airbnb analytics for Lakewood, Ohio, United States to uncover income potential. This 2025 STR market report for Lakewood, based on AirROI data from August 2024 to July 2025, reveals key trends in the niche market of 189 active listings.
Whether you're considering an Airbnb investment in Lakewood, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the Lakewood Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key Lakewood Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in Lakewood (2025)
Understanding the monthly revenue variations for Airbnb listings in Lakewood is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in Lakewood is typically July, while January often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in Lakewood across different performance tiers:
- Best-in-class properties (Top 10%) achieve $3,742+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,664 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,646 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,007, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in Lakewood
Lakewood Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the Lakewood STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while January experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in Lakewood:
- Best-in-class properties (Top 10%) achieve 79%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 63% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 42%.
- Entry-level properties (Bottom 25%) average 24% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in Lakewood
Average Daily Rate (ADR) Airbnb Trends in Lakewood (2025)
Effective short term rental pricing strategy in Lakewood involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in Lakewood typically peaks in July and dips lowest during February. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $231+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $159 or more.
- Typical properties (Median) charge around $120 per night.
- Entry-level properties (Bottom 25%) earn around $91 per night.
Average Daily Rate (ADR) Trend by Month in Lakewood
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Airbnb Seasonality Analysis & Trends in Lakewood (2025)
Peak Season (July, August, June)
- Revenue averages $2,712 per month
- Occupancy rates average 51.5%
- Daily rates average $164
Shoulder Season
- Revenue averages $2,038 per month
- Occupancy maintains around 45.0%
- Daily rates hold near $135
Low Season (January, February, April)
- Revenue drops to average $1,347 per month
- Occupancy decreases to average 36.3%
- Daily rates adjust to average $123
Seasonality Insights for Lakewood
- The Airbnb seasonality in Lakewood shows highly seasonal trends requiring careful strategy. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases Lakewood's highest earning potential, with monthly revenues capable of climbing to $2,738, occupancy reaching a high of 58.0%, and ADRs peaking at $184.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,040, occupancy could drop to 30.2%, and ADRs may adjust down to $112.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in Lakewood.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these Lakewood seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in Lakewood (2025)
Exploring the top neighborhoods for short-term rentals in Lakewood? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| Downtown Lakewood | Vibrant urban center with a mix of shops, restaurants, and cultural activities. Popular among young professionals and families looking for entertainment and dining options. | Lakewood Park, The Bottlehouse Brewery, Lakewood Historical Society, Cleveland Public Theatre, The Grog Shop |
| Lakewood West | Family-friendly neighborhood with excellent schools and parks. Attracts families and long-term visitors seeking a suburban feel with easy access to the city. | Rocky River Reservation, Lakewood Public Library, Kauffman Park, Lakewood Farmers Market, Maltz Museum of Jewish Heritage |
| Edgewater | Close proximity to the beach and parks, making it attractive for visitors who enjoy outdoor activities and lakefront views. Great for relaxing and enjoying nature. | Edgewater Park, Cleveland Lakefront State Park, Lake Erie, Huntington Beach, Edgewater Beach House |
| Birdtown | Historic neighborhood with unique architecture and a strong sense of community. Offers a quaint and charming atmosphere for visitors who appreciate local culture. | Lakewood Garden Center, Cleveland Lakefront State Park, Local eateries and shops, Birdtown Historical markers |
| North Lakewood | Quiet and residential, popular with families and retirees. Great for visitors looking for a peaceful stay while still close to Lakewood's main attractions. | Lakewood Park, Cleveland Metroparks, Local shops and cafes, Community events and festivals |
| Rocky River | Adjacent to Lakewood, Rocky River offers scenic views and outdoor activities. Great for visitors who love nature and adventure. Highly desirable area. | Rocky River Reservation, Rocky River scenic parkway, Local restaurants and boutiques, Metroparks hiking trails |
| Ridgewood | Residential area with a nice community feel. Attractive for guests looking for a homey stay while accessing both Lakewood and nearby Cleveland. | Parks and playgrounds, Local dining options, Community events |
| Cleveland Heights | Just a short drive from Lakewood, it offers a vibrant arts scene and cultural attractions. Popular with creatives and those looking for a unique experience. | Cleveland Heights Arts District, Community parks, Local theaters |
Understanding Airbnb License Requirements & STR Laws in Lakewood (2025)
While Lakewood, Ohio, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for Lakewood to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 1% licensed listings)
Top Performing Airbnb Properties in Lakewood (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in Lakewoodbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
The Lake House
Entire Place • 2 bedrooms
12 Person Grillin and Chillin Whole House Lakewood
Entire Place • 6 bedrooms
Mimosa House Cleveland
Entire Place • 2 bedrooms
Lakewood Entire Home! Sleeps 10!
Entire Place • 4 bedrooms
Entire Lakewood Duplex
Entire Place • 6 bedrooms
Close Downtown,Ohio City,Rock Hall,Westside Market
Entire Place • 5 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in Lakewood (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in Lakewood based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Billy | 11 | $178,591 | 306 | 4.36/5.0 |
| HomeHop | 6 | $144,487 | 84 | 4.80/5.0 |
| Mary Katherine | 5 | $137,478 | 602 | 4.84/5.0 |
| Vincent | 4 | $136,712 | 549 | 4.87/5.0 |
| Joshua | 4 | $128,965 | 635 | 4.96/5.0 |
| Kyle | 1 | $125,606 | 46 | 4.83/5.0 |
| Maureen | 3 | $112,341 | 60 | 4.89/5.0 |
| Kyle And Alo | 5 | $106,960 | 1187 | 4.88/5.0 |
| Cory | 7 | $102,127 | 352 | 4.94/5.0 |
| Kayleen | 3 | $99,116 | 177 | 4.89/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in Lakewood.
Dive Deeper: Advanced Lakewood STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for Lakewood. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsLakewood Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for Lakewood
- The Lakewood Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 96.3% of the 189 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in Lakewood, Apartment/Condo properties are the most common (49.7%), reflecting the local real estate landscape.
- Houses represent a significant 47.6% portion, catering likely to families or larger groups.
- Smaller segments like others, hotel/boutique (combined 2.7%) offer potential for unique stay experiences.
Lakewood Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for Lakewood
- The dominant room capacity in Lakewood is 2 bedrooms listings, making up 41.3% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 1 bedroom properties represent 73.0% of the active Airbnb listings in Lakewood, indicating a high concentration in these sizes.
- A significant 20.6% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in Lakewood.
Lakewood Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for Lakewood
- The most common guest capacity trend in Lakewood vacation rentals is listings accommodating 4 guests (31.2%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the Lakewood STR market, accounting for 53.4% of listings.
- 26.0% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in Lakewood.
- On average, properties in Lakewood are equipped to host 4.2 guests.
Lakewood Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for Lakewood
- The most common availability pattern in Lakewood falls within the 181-270 days range, representing 38.1% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 75.7% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in Lakewood (37.6%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 25.4% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
Lakewood Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
66 listings
35.7% of total
2 Nights
33 listings
17.8% of total
3 Nights
12 listings
6.5% of total
4-6 Nights
1 listings
0.5% of total
7-29 Nights
20 listings
10.8% of total
30+ Nights
53 listings
28.6% of total
Key Insights
- The most prevalent minimum stay requirement in Lakewood is 1 Night, adopted by 35.7% of listings. This highlights the market's preference for shorter, flexible bookings.
- A significant segment (28.6%) caters to monthly stays (30+ nights) in Lakewood, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 1 Night minimum stay, as 35.7% of Lakewood hosts use this setting.
- Explore offering discounts for stays of 30+ nights to attract the 28.6% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in Lakewood.
Lakewood Airbnb Cancellation Policy Trends Analysis (2025)
Super Strict 30 Days
5 listings
2.7% of total
Super Strict 60 Days
13 listings
7.1% of total
Flexible
45 listings
24.6% of total
Moderate
35 listings
19.1% of total
Firm
46 listings
25.1% of total
Strict
39 listings
21.3% of total
Cancellation Policy Insights for Lakewood
- The prevailing Airbnb cancellation policy trend in Lakewood is Firm, used by 25.1% of listings.
- There's a relatively balanced mix between guest-friendly (43.7%) and stricter (46.4%) policies, offering choices for different guest needs.
Recommendations for Hosts
- Consider adopting a Firm policy to align with the 25.1% market standard in Lakewood.
- Regularly review your cancellation policy against competitors and market demand shifts in Lakewood.
Lakewood STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for Lakewood
- The overall average booking lead time for vacation rentals in Lakewood is 25 days.
- Guests book furthest in advance for stays during June (average 35 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 11 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (31 days avg.) sees the longest lead times, while Winter (17 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (25 days) as a baseline for your pricing and availability strategy in Lakewood.
- During January, focus on last-minute booking availability and promotions, as guests book with very short notice (11 days avg.).
- Target marketing efforts for the Summer season well in advance (at least 31 days) to capture early planners.
- Monitor your own booking lead times against these Lakewood averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in Lakewood (2025)
Amenity Prevalence
Amenity Insights for Lakewood
- Essential amenities in Lakewood that guests expect include: Wifi, Kitchen, TV, Smoke alarm, Air conditioning, Heating. Lacking these (any) could significantly impact bookings.
- Popular amenities like Carbon monoxide alarm, Dishes and silverware, Hot water are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for Lakewood: Wifi, Kitchen, TV, Smoke alarm, Air conditioning, Heating.
- Prioritize adding missing essentials: Wifi, Kitchen, TV, Smoke alarm, Air conditioning, Heating.
- Consider adding popular differentiators like Carbon monoxide alarm or Dishes and silverware to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in Lakewood to stay competitive.
Lakewood Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for Lakewood
- The typical guest profile for Airbnb in Lakewood consists of primarily domestic travelers (95%), often arriving from nearby Cleveland, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 95.1% of guests.
- Key international markets include United States (95.1%) and Canada (1.8%).
- Top languages spoken are English (79.2%) followed by Spanish (7.4%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from Cleveland and Columbus.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the Lakewood Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Huron Township | 16 | $4,910 | $454.07 | 39% |
| Berlin Township | 12 | $4,242 | $364.68 | 42% |
| Peninsula | 16 | $4,167 | $306.91 | 53% |
| Chagrin Falls | 17 | $4,010 | $261.44 | 52% |
| Mentor-on-the-Lake | 10 | $3,810 | $259.86 | 55% |
| Sewickley | 16 | $3,397 | $210.86 | 59% |
| Huron | 127 | $3,355 | $349.11 | 40% |
| Clinton Township | 15 | $3,297 | $236.07 | 51% |
| Lake Township | 17 | $3,257 | $247.84 | 39% |
| Put-in-Bay | 43 | $3,235 | $473.93 | 39% |