Lima, OH

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

76 / 195

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$17,328

Middle-Earners Revenue

Occupancy

83%

Middle-Earners Occupancy

Home Value

$153,063

Median Home Sale Price

Top Earners

$33,377

Top-Earners Revenue

Lima

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lima.

Loading top listings...

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.

View Lima Regulations →

Local STR Agent

STR specialist · Lima, OH

Trusted Expert
Get Expert Help In Lima
Free consultation Response within 24h

About Lima

Lima is a mid-sized city in western Ohio, serving as the county seat of Allen County and the commercial and cultural hub of a largely rural region of northwest Ohio. With a population of approximately 35,000 to 40,000 residents, Lima has a working-class, blue-collar character shaped by its manufacturing heritage and the presence of one of the state's larger oil refineries on its outskirts. The city is best known regionally as a stopover along the interstate corridor connecting Toledo, Dayton, and Indianapolis, and as the self-proclaimed "Bean Capital" owing to a long-running connection with the legume. It sits roughly 90 miles south of Toledo and about 130 miles northwest of Columbus, giving it a quiet but central position in the Buckeye State.

About fifteen minutes north of Lima, in the town of Wapakoneta, visitors will find the Neil Armstrong Air and Space Museum, a Smithsonian-affiliated facility dedicated to the life and career of the first person to set foot on the Moon. The museum, which occupies a striking domed building overlooking the Auglaize River, displays artifacts from the Gemini and Apollo programs, a Gemini spacecraft, and personal items from Armstrong's boyhood in nearby communities. It is one of the more distinctive small-city museums in Ohio and a natural anchor for any visit to the region.

Roughly thirty to forty minutes west of Lima lies Grand Lake St. Marys, a large state park built around one of the largest man-made lakes in Ohio. The lake and surrounding parkland offer fishing, boating, swimming beaches, and a sizable campground, making it a popular warm-weather destination for families from across western Ohio and eastern Indiana. The waterfront town of Celina hugs its southern shore, and the park hosts fishing tournaments, festivals, and bird-watching opportunities throughout the year.

Within Lima itself, the Allen County Museum offers a look at the area's history, with exhibits on local industry, military history, and regional culture. The downtown area has retained a number of older commercial buildings and a few long-running local institutions, including Kewpee Hamburgers, a regional diner chain that traces its roots to Lima in 1928 and remains a point of local pride for its loose-meat sandwiches. Faurot Park, on the city's north side, provides green space, ball fields, and a small lake, and serves as a gathering spot for community events throughout the warmer months.

For short-term-rental owners, Lima offers a steady base of visitors tied to the refinery, regional manufacturing, and the nearby Armstrong museum, along with seasonal travelers heading to Grand Lake St. Marys. Its central location in western Ohio, its affordability, and its proximity to several genuine draws give the city a quiet but practical appeal as a base for exploring this corner of the state.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc