Springfield, OH

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

58 / 110

Reliable / Active

Cap Rate

14%

Middle-Earners Gross Yield

Revenue

$27,109

Middle-Earners Revenue

Occupancy

68%

Middle-Earners Occupancy

Home Value

$190,723

Median Home Sale Price

Top Earners

$50,288

Top-Earners Revenue

Springfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Springfield.

Loading top listings...

A

Very Investor friendly

Springfield Regulations

No city‑specific STR rules; STRs are allowed by default with only basic property/tax compliance, and there’s no licensing, caps, or costly inspections—keeping barriers to entry low.

View Springfield Regulations →

Local STR Agent

STR specialist · Springfield, OH

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

About Springfield

Springfield is a mid-sized city in southwestern Ohio, serving as the county seat of Clark County. With a population of roughly 58,000 residents, it carries the character of a classic American industrial-era city that has gradually reinvented itself. Once a hub for agricultural machinery manufacturing, Springfield today blends preserved Victorian and early-twentieth-century architecture with a revitalized downtown, a lively university community anchored by Wittenberg University, and an emerging arts and food scene. It sits about 25 miles northeast of Columbus, the state capital and the nearest major metropolitan area, making it an easy day-trip destination for visitors staying in either city.

A few miles west of downtown, the Westcott House stands as one of the area's most distinctive cultural attractions. Designed by Frank Lloyd Wright in 1908 for the Burton J. Westcott family, the Prairie-style residence is the only Frank Lloyd Wright-designed home in Ohio open to the public as a museum, and one of only a handful in the entire Midwest. Guided tours take visitors through the meticulously restored structure, including its cantilevered balconies, art glass, and Japanese-influenced gardens. It is roughly a ten-minute drive from the city center.

For outdoor recreation, Buck Creek State Park lies just north of the city and offers more than 3,000 acres of meadows, woodlands, and a 3,100-acre reservoir. The park is popular for boating, fishing, swimming, and hiking, and its paved trail system connects to the broader Ohio to Erie Trail network. Visitors can typically reach the park entrance in about fifteen minutes from downtown Springfield, making it a convenient escape for guests who want a full day outside without a long drive.

The Wittenberg University campus and the surrounding historic neighborhoods give Springfield a walkable, college-town feel in its core. The university, founded in 1845 and affiliated with the Evangelical Lutheran Church in America, contributes seasonal energy through its arts events, theater productions, and Division III athletics. Nearby, the downtown district features preserved nineteenth-century facades housing locally owned restaurants, breweries, and small galleries, while the city's folk-art legacy is preserved at the Hartman Rock Garden, a whimsical miniature village created by a single artisan over several decades.

For short-term rental investors, Springfield offers an appealing mix of affordability, accessibility, and authentic Midwestern character. Its proximity to Columbus opens up a steady stream of visitors attending events, visiting family, or passing through on I-70, while the Westcott House, Buck Creek State Park, and the Wittenberg campus give the city its own draw. Travelers looking for a quieter, more affordable base than Columbus itself often find Springfield a comfortable and convenient alternative.

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