Butler, OH

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

32 / 48

Reliable / Active

Cap Rate

16%

Middle-Earners Gross Yield

Revenue

$42,675

Middle-Earners Revenue

Occupancy

46%

Middle-Earners Occupancy

Home Value

$272,440

Median Home Sale Price

Top Earners

$89,720

Top-Earners Revenue

Butler

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Butler.

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B

Generally Investor friendly

Butler Regulations

STRs are clearly permitted in Butler, Ohio with citywide acceptance, but investors must obtain a county business license, ensure zoning compliance, and potentially secure a lodging establishment certificate, representing moderate permitting costs and procedural steps while there are no caps or severe restrictions.

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About Butler

Butler is a small village in Richland County in north-central Ohio, with a population of roughly nine hundred residents. Tucked into a landscape of rolling farmland, hardwood forest, and quiet country roads, it has the unhurried feel of a traditional Midwestern farming community. The village is best known as a peaceful home base for visitors drawn to the surrounding natural attractions, particularly the state parks and forests that make this corner of Ohio a popular destination for outdoor recreation. Cleveland lies about 75 miles to the north, Columbus sits roughly 90 miles to the south, and Mansfield, the regional hub of Richland County, is only about 20 minutes north.

Just a short drive southeast of Butler lies Malabar Farm State Park, one of the most visited and historically significant parks in Ohio. The 900-plus acre property was the working farm of Pulitzer Prize-winning author Louis Bromfield and is best known for the 1945 wedding of Humphrey Bogart and Lauren Bacall, which drew Hollywood attention to the rolling hills of the Clear Fork Valley. Visitors can tour Bromfield's Big House, hike scenic trails, and tour the working farm, all within roughly 15 to 20 minutes of the village.

A little farther to the east, Mohican State Park and the adjacent Mohican-Memorial State Forest draw outdoor enthusiasts from across the Midwest. The park winds along the Clear Fork of the Mohican River and is renowned for its hemlock-lined gorges, canopy of hardwoods, and the iconic covered bridge that draws photographers in every season. Hiking, horseback riding, mountain biking, and canoeing are all popular pursuits, and the area is particularly striking in autumn when the foliage turns vivid shades of red, orange, and gold. From Butler, the park is about a 30-minute drive.

To the north, the city of Mansfield offers a contrasting urban day-trip option, with the Ohio State Reformatory, a striking Gothic-style former prison famous as a filming location for The Shawshank Redemption, standing as one of the region's most recognizable landmarks. Mansfield is also home to the Richland Carrousel Park, a hand-carved merry-go-round in the city's downtown, along with the Biblewalk museum and a lively small-city dining and arts scene. The drive from Butler is approximately 20 minutes via US-42 and I-71.

For short-term-rental investors, Butler offers an appealing combination of small-town character, low operating costs, and proximity to some of Ohio's most beloved outdoor and cultural destinations. Its position between Malabar Farm, the Mohican wilderness, and Mansfield places it within easy reach of year-round visitors, from summer hikers and fall color-seekers to winter travelers and history buffs exploring the region's literary and Hollywood heritage. The village's quiet, rural setting and central location make it a natural fit for travelers who want a peaceful base while experiencing the best of north-central Ohio.

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