Cleveland, TN

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

253 / 415

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$21,413

Middle-Earners Revenue

Occupancy

57%

Middle-Earners Occupancy

Home Value

$305,821

Median Home Sale Price

Top Earners

$45,984

Top-Earners Revenue

Cleveland

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Cleveland.

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B

Generally Investor friendly

Cleveland Regulations

STRs are explicitly permitted citywide in most residential zones without geographic caps, with a clear, annual permitting process (~$300 fee) and supportive enforcement focused on operations rather than location. The moderate burden stems from multi-level licensing and a $500,000 minimum liability insurance requirement, but the process is predictable and manageable.

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About Cleveland

Cleveland, Tennessee, is a city located in southeastern Tennessee with a population of approximately 47,000 people. It is situated approximately 30 miles northeast of Chattanooga, the closest major city. Cleveland is known for its historical significance and serves as the county seat of Bradley County.

The city offers a variety of attractions that appeal to both residents and short-term visitors. One of the most notable landmarks is the Red Clay State Historic Park (https://tnstateparks.com/parks/red-clay),,) which preserves the site of the last Cherokee council before the infamous Trail of Tears. Another key attraction is the Museum Center at 5ive Points (http://www.museumcenter.org/),,) which showcases the region's history and culture.

Outdoor enthusiasts will appreciate the nearby Cherokee National Forest (https://www.fs.usda.gov/cherokee),,) offering an array of recreational activities including hiking, camping, and fishing. The Ocoee River, famous for white-water rafting and kayaking, is also in close proximity, providing thrilling water sports experiences.

Cleveland's historic downtown district features charming shops, dining options, and beautifully preserved architecture, attracting tourists for short stays. The city is also home to several events and festivals throughout the year, such as the MainStreet Cruise-In (http://mainstreetcleveland.com/cruise-in/),,) which showcases classic cars and attracts visitors from around the region.

Overall, Cleveland, TN appeals to short-term renters due to its rich history, outdoor recreational opportunities, and proximity to larger urban centers like Chattanooga, making it an attractive destination for diverse interests.

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