Lima, OH

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  • Performance
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Key Performance Metrics

Market snapshot

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

Listings

79 / 186

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$17,642

Middle-Earners Revenue

Occupancy

78%

Middle-Earners Occupancy

Home Value

$145,812

Median Home Sale Price

Top Earners

$30,601

Top-Earners Revenue

Lima

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lima.

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B

Generally Investor friendly

Lima Regulations

Lima allows short‑term rentals citywide with a free, online registration portal, keeping entry costs low, but it imposes guest‑number limits, occupancy caps, and a maximum‑days rule and requires compliance with building, fire and health codes, making permitting moderate and compliance a known but non‑trivial process.

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About Lima

Lima ( LY-mə) is a city in and the county seat of Allen County, Ohio, United States. As of the 2020 census, the city had a population of 35,579. It is located in northwest Ohio along Interstate 75, approximately 72 miles (116 km) north of Dayton, 78 miles (126 km) southwest of Toledo, and 63 mi (101 km) southeast of Fort Wayne, Indiana. Lima was founded in 1831. The Lima Army Tank Plant, officially called the Joint Systems Manufacturing Center, built in 1941, is the sole producer of the M1 Abrams. It is the principal city of the Lima metropolitan area, which had 102,000 residents in 2020 and is included in the Lima–Van Wert–Wapakoneta combined statistical area.

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