Performance indicators for the Lorain short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Lorain.
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Generally Investor friendly
STRs are explicitly permitted with a straightforward annual rental dwelling license, a conditional use permit, moderate fees ($100 first unit), inspections, a 3% bed tax, and a local agent requirement if the owner isn’t local—requirements are clear and manageable, with no apparent hard caps.
Local STR Agent
STR specialist · Lorain, OH
Lorain () is a city in Lorain County, Ohio, United States. It is located in Northeast Ohio on Lake Erie at the mouth of the Black River, about 25 miles (40 km) miles west of Cleveland. As of the 2020 census, the city had a population of 65,211, making it Ohio's ninth-largest city, the third-largest in Greater Cleveland, and the largest in Lorain County by population.