Elyria, OH

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

185 / 361

Reliable / Active

Cap Rate

17%

Middle-Earners Gross Yield

Revenue

$29,988

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$179,871

Median Home Sale Price

Top Earners

$62,558

Top-Earners Revenue

Elyria

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Elyria.

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B

Generally Investor friendly

Elyria Regulations

STRs are treated as lodging and allowed via administrative or conditional use review in Downtown, Corridor, and Commercial districts, with a clear but moderate permitting and review process; no explicit STR caps or city STR licensing are specified. However, operations in Residential districts lack permitted lodging status and typically require variances, creating location-driven compliance complexity but manageable investor risk.

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About Elyria

Elyria ( ə-LEER-ee-ə) is a city in and the county seat of Lorain County, Ohio, United States, located at the forks of the Black River in Northeast Ohio 23 miles (37 km) southwest of Cleveland. As of the 2020 census, the city had a population of 52,656. It is a principal city in the Cleveland metropolitan area. The city is home to Lorain County Community College.

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