Canfield, OH

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

15 / 28

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$22,333

Middle-Earners Revenue

Occupancy

52%

Middle-Earners Occupancy

Home Value

$313,189

Median Home Sale Price

Top Earners

$48,675

Top-Earners Revenue

Canfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Canfield.

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B

Generally Investor friendly

Canfield Regulations

STRs are allowed in the city with a zoning permit and a Hotel/Motel business permit (plus state/county health/fire inspections), and in the unincorporated township require a Zoning Permit and a Conditional Use Permit with compatibility/parking reviews—moderate permitting and reasonable operational standards without strict caps.

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About Canfield

Canfield is a city in central Mahoning County, Ohio, United States. The population was 7,699 as of the 2020 census. A suburb about 8 miles (13 km) southwest of Youngstown, the city lies at the intersection of U.S. Routes 62 and 224 and is part of the Youngstown–Warren metropolitan area. In 2005, Canfield was rated the 82nd best place to live in the United States by Money magazine.

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