Where is the best air bnb spot in Cleveland?

[Edward Joseph Golden]

Hi, I am a realtor here in Cleveland and recently started working with a client looking for Air bnbs. Where are the best neighborhoods/cities for Air bnbs? They are wanting to stay under 150 and put a little work into the house, maybe a little more depending on the deal.

[Alex Hunt]

Hey Edward, 

Neighborhoods like Ohio City, Tremont, Detroit Shoreway, University Circle, and Lakewood offer cool spots for potential Airbnb homes under $150K.

They've got charm, attractions, and might need a bit of tender love and care. Let me know if you have any question's about financing. Utilizing AirDNA data can be tricky 

[Samuel Diouf]

I'd agree with Alex, areas like Lakewood and areas close to Edgewater Park. Properties that are in the B class or higher on the west side of Cleveland are more desirable, I would say. 

[Theresa Holl]

Don't forget to check Airdna and Hotstats.com for hyperlocal performance data.  Best of luck with your client!

[Sarah Kensinger]

Reach out to Dave Stokley or Bernie Cesareo as they know Cleveland well!

[Michael Baum]

Interesting post. I never thought of Cleveland as a great place to do a STR, but there are some folks like Dave that knows the area well.

Maybe down on the lake. I know there are pockets of restrictions here and there.

[Brooke Roundy]

Hi, I own a quad in Ohio City and run an STR in one of the units. AirDNA will give you good stats, and my experience in the 5 months I've run the STR is good. I'm also looking at another property under $150k for STR, you won't find that in Tremont but Clark-Fulton close to metro, border of Ohio City and Tremont would be a good bet. In Ohio City though? Maybe. I know that other STR experts in the area think Ohio City is over saturated, generally. Best of luck!

[Vadim F.]

Quote from @Brooke Roundy:

Hi, I own a quad in Ohio City and run an STR in one of the units. AirDNA will give you good stats, and my experience in the 5 months I've run the STR is good. I'm also looking at another property under $150k for STR, you won't find that in Tremont but Clark-Fulton close to metro, border of Ohio City and Tremont would be a good bet. In Ohio City though? Maybe. I know that other STR experts in the area think Ohio City is over saturated, generally. Best of luck!

Clark-Fulton close to Metro is still on the rougher side and a bit of ways away from being a STR location. It may change in the next 5-10yrs but I wouldn't invest for STR there today. LTR without a question.