Ashtabula, OH

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Ashtabula short-term rental market based on reliable data.

Listings

139 / 217

Reliable / Active

Cap Rate

15%

Middle-Earners Gross Yield

Revenue

$21,410

Middle-Earners Revenue

Occupancy

47%

Middle-Earners Occupancy

Home Value

$146,254

Median Home Sale Price

Top Earners

$47,918

Top-Earners Revenue

Ashtabula

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Ashtabula.

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C

Challenging to Investors

Ashtabula Regulations

STRs are explicitly legal in Ashtabula but are heavily regulated—requiring both county and city registrations, separate annual licenses per unit, annual inspections, compliance with International Property Maintenance Code, and non‑trivial lodging taxes (5% county + 3% city) plus Ohio sales tax, with late‑payment penalties and a cap of one whole‑home rental per owner.

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About Ashtabula

Ashtabula ( ASH-tə-BYU-lə) is the largest city in Ashtabula County, Ohio, United States. It lies at the mouth of the Ashtabula River, on Lake Erie, 53 miles (85 km) northeast of Cleveland. At the 2020 census, the city had 17,975 people. Like many other cities in the Rust Belt, it has lost population because of a decline in industrial jobs since the 1960s. It is part of the Cleveland metropolitan area. The name Ashtabula is derived from ashtepihəle, which means "always enough fish to be shared around" in the Lenape language.In the middle of the 19th century, the city was an important destination on the Underground Railroad, because from Ashtabula refugee slaves could take ships across Lake Erie to Canada and freedom. Even in the free state of Ohio, they were at risk of being captured by slavecatchers. In the late 19th century, the city became a major coal port on Lake Erie. Coal and iron were shipped here, the latter from the Mesabi Range in Minnesota. The city attracted immigrants from Finland, Sweden, and Italy in the industrial period. Ashtabula hosts an annual Blessing of the Fleet Celebration, usually in late May or early June. As part of the celebration, a religious procession and prayer service is held at Ashtabula Harbor. The city was the site of the FinnFestUSA in 2007, a celebration of Finnish Americans.

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