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

$25,875

Middle-Earners Revenue

Occupancy

66%

Middle-Earners Occupancy

Home Value

$182,589

Median Home Sale Price

Top Earners

$47,329

Top-Earners Revenue

Springfield

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Springfield.

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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.

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About Springfield

Springfield is a city in and the county seat of Clark County, Ohio, United States. The municipality is located in southwestern Ohio and is situated on the Mad River, Buck Creek, and Beaver Creek, approximately 45 miles (72 km) west of Columbus and 25 miles (40 km) northeast of Dayton. As of the 2020 census, the city had a total population of 58,662, while the Springfield metropolitan area had a population of 136,001 residents. Springfield is home to Wittenberg University, a liberal arts college. The Little Miami Scenic Trail, a paved rail-trail that is nearly 80 miles long, extends from the Buck Creek Scenic Trail head in Springfield south to Newtown, Ohio. In 1983, Newsweek magazine featured Springfield in its 50th-anniversary issue, entitled, "The American Dream." It chronicled the effects of changes of the previous 50 years on five local families. In 2004, Springfield was chosen as an "All-America City." In the 2010s, Springfield ranked low among cities in the state and nation for indicators such as health, happiness, and well-being.

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