Investor market data · Ohio

Cleveland, OH Rental Market for Investors

An estimated 87% of Cleveland's active listings could cash-flow as a short-term rental — here's what the numbers say for investors, as of August 2026.

See what pencils →Run a DSCR

$219,900Median list price707 active listings

$42,916Median STR revenue / yrprojected, gross

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 August 2026.

$183,900DSCR 1.40
3 bed · 1.5 bath · 2,122 sqft
House in 44128 · built 1947
STR revenue
$24,098/yr
Est. interest-only payment
$1,147/mo
On the market 10 days · Listed by Keller Williams Living
Scout this home & market: 3-bed house in Cleveland
$200,000DSCR 1.95
3 bed · 1.5 bath · 1,548 sqft
House in 44109 · built 1920
STR revenue
$38,931/yr
Est. interest-only payment
$1,333/mo
On the market 5 days · Listed by Howard Hanna - Strongsville
Scout this home & market: 3-bed house in Cleveland
$239,000DSCR 1.27
2 bed · 2 bath · 1,136 sqft
Condo in 44113 · built 2007
STR revenue
$44,796/yr
Est. interest-only payment
$2,360/mo
On the market 88 days · Listed by Howard Hanna - Cleveland City
Scout this home & market: 2-bed condo in Cleveland
$325,000DSCR 1.36
3 bed · 3 bath · 2,096 sqft
Townhouse in 44106 · built 2005
STR revenue
$46,571/yr
Est. interest-only payment
$2,283/mo
On the market 72 days · Listed by RE/MAX Revealty
Scout this home & market: 3-bed townhouse in Cleveland
$399,999DSCR 1.28
3 bed · 3 bath · 1,810 sqft
House in 44102 · built 1910
STR revenue
$50,731/yr
Est. interest-only payment
$2,648/mo
On the market 149 days · Listed by Redfin Real Estate Corp.
Scout this home & market: 3-bed house in Cleveland

Ask about Cleveland deals →Run any address yourself

As of August 2026, we analyzed 707 active for-sale homes in Cleveland, Ohio. The typical listing is priced at $219,900 and is projected to generate about $42,916 a year as a short-term rental.

After setting aside an estimated 20% for operating costs, an estimated 87.0% of those homes could still cover an investor mortgage payment on short-term-rental income — well above the 52.5% 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 50 days on the market, and 33% 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: 244 of the 383 Cleveland homes, condos and townhomes we can price confidently clear a DSCR of 1.25. Nine in ten of them are priced under $342,000.

Share of those listings clearing an DSCR of 1.25, by price and bedroom count. The smaller figure is the median DSCR for that group.
Price	1 bed	2 bed	3 bed	4 bed
Under $150k	—	—	100%1.90	—
$150k–$250k	50%1.25	72%1.32	95%1.70	98%1.89
$250k–$350k	—	14%1.07	88%1.48	55%1.27
$350k–$500k	—	0%0.74	43%1.15	—
$500k+	—	0%0.71	18%0.94	—

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	707
Median list price	$219,900
Median projected STR revenue (annual, gross)	$42,916
Median average daily rate (ADR)	$203
Median occupancy	55%
Median beds	4
Median size	1,782 sqft
Estimated cash-flow-positive share	87.0%
Median days on market	50 days
New listings (last 30 days)	33.4% of active