Performance indicators for the Newark 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 Newark.
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Challenging to Investors
Newark explicitly permits STRs, but small owner‑occupied operations (≤4 lodgers) require a conditional use permit, inspections, and a CO; scaling to 5+ guests or multiple units shifts the use to hotel/motel requiring commercial zoning and full commercial life‑safety/parking compliance. The conditional use process, multiple approvals, and limited owner‑occupied pathway create a moderate‑to‑high compliance burden that constrains investor flexibility and drives operational cost.
Local STR Agent
STR specialist · Newark, OH
Newark ( Noork) is a city in, and the county seat of, Licking County, Ohio, United States; it is located 40 miles (64 km) east of Columbus at the junction of the forks of the Licking River. The population was 49,934 at the 2020 census, making it the 18th-largest city in Ohio. It is part of the Columbus metropolitan area. It is the site of much of the Newark Earthworks, a major ancient complex built by the Hopewell culture. The Great Circle portion and additional burial mounds are located in the neighboring city of Heath, Ohio. This complex has been designated as a National Historic Landmark and is operated as a state park by the Ohio History Connection.