Cleveland, OH Rental Market for Investors
An estimated 86% of Cleveland's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of October 2026.
Homes in Cleveland that pencil right now
A sample of active Cleveland listings whose DSCR clears 1.25 using short-term rental income projections we accept as a direct lender. These are spread across the price range, not ranked, and current as of October 2026.
$175,000DSCR 2.185 bed · 2 bath · 1,824 sqft
- STR revenue
- $39,480/yr
- Est. interest-only payment
- $1,210/mo
On the market 114 days · Listed by Exp Realty, Llc.
Scout this home & market: 5-bed house in Cleveland
$183,900DSCR 1.383 bed · 1.5 bath · 2,122 sqft
- STR revenue
- $24,098/yr
- Est. interest-only payment
- $1,162/mo
On the market 60 days · Listed by Keller Williams Living
Scout this home & market: 3-bed house in Cleveland
$185,000DSCR 1.443 bed · 1 bath · 1,131 sqft
- STR revenue
- $27,330/yr
- Est. interest-only payment
- $1,267/mo
On the market 115 days · Listed by Berkshire Hathaway HomeServices Stouffer Realty - Cuyahoga County
Scout this home & market: 3-bed house in Cleveland
$199,900DSCR 2.443 bed · 2 bath · 1,466 sqft
- STR revenue
- $55,804/yr
- Est. interest-only payment
- $1,522/mo
On the market 60 days · Listed by Berkshire Hathaway HomeServices Professional Realty
Scout this home & market: 3-bed house in Cleveland
$299,900DSCR 1.683 bed · 2.5 bath · 1,694 sqft
- STR revenue
- $51,324/yr
- Est. interest-only payment
- $2,040/mo
On the market 130 days · Listed by Howard Hanna - Akron/Fairlawn
Scout this home & market: 3-bed house in Cleveland
$398,000DSCR 1.323 bed · 2.5 bath · 3,254 sqft
- STR revenue
- $43,158/yr
- Est. interest-only payment
- $2,174/mo
On the market 44 days · Listed by ListWithFreedom.com Inc.
Scout this home & market: 3-bed house in Cleveland
As of October 2026, we analyzed 746 active for-sale homes in Cleveland, Ohio. The typical listing is priced at $219,115 and is projected to generate about $43,218 a year as a short-term rental.
After setting aside an estimated 20% for operating costs, an estimated 86.2% of those homes could still cover an investor mortgage payment on short-term-rental income — well above the 53.1% median across the 200 major metros we track, ranking Cleveland #3 of 200 for cash-flow potential.
On market momentum: homes in Cleveland sit a median of 53 days on the market, and 32% of active listings came on in just the last 30 days — a steadily paced market, which shapes how much room there is to negotiate.
For a DSCR loan — which qualifies on the property's rental income rather than your personal income — that's a relatively healthy setup: in Cleveland, a meaningful share of listings throw off enough short-term-rental income, after costs, to cover an estimated investor mortgage payment.
What actually works in Cleveland
Cleveland is a broad cash-flow market right now: 263 of the 410 Cleveland homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $374,000.
| Price | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|
| Under $150k | — | 100%2.10 | — | — |
| $150k–$250k | 76%1.40 | 93%1.70 | 98%2.01 | 100%2.61 |
| $250k–$350k | 11%1.05 | 74%1.42 | 82%1.43 | — |
| $350k–$500k | 0%0.92 | 31%1.07 | 56%1.28 | — |
| $500k+ | 0%0.71 | 25%0.98 | 38%1.15 | — |
Darker means a larger share of that group cash-flows. “—” means fewer than 8 active listings — too few to draw a conclusion from.
Cleveland in full
| Active for-sale homes analyzed | 746 |
|---|---|
| Median list price | $219,115 |
| Median projected STR revenue (annual, gross) | $43,218 |
| Median average daily rate (ADR) | $205 |
| Median occupancy | 56% |
| Median beds | 4 |
| Median size | 1,815 sqft |
| Estimated cash-flow-positive share | 86.2% |
| Median days on market | 53 days |
| New listings (last 30 days) | 32.4% of active |
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Estimates for educational purposes. Final terms subject to credit, property & program approval.
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