Toledo, Ohio Airbnb Market Data 2026

What does a Toledo Airbnb actually take in, and what will the city want from you before you can open one?

Toledo's answer to the second half is one of the shortest in the country. Chapter 702 of its municipal code wants a $50 permit for each unit, a million dollars of liability insurance, a few pieces of life-safety equipment, and somebody local who'll pick up the phone at three in the morning. What it never asks is whether you live there, since the chapter carries no owner-occupancy clause at all, and it never names a zoning district where short-term rentals belong, never caps the number it hands out, and never asks you to keep your distance from the next one. For an investor that's about as open a door as a city this size offers.

The complication sits in the map instead. Toledo's own limits hold barely a third of the listings in BNBCalc's Toledo market, because the market runs across eleven counties of northwest Ohio and clips a corner of Monroe County, Michigan. Lucas County holds the city along with Sylvania, Maumee and Oregon; Wood County, Ottawa County and Hancock County carry big pieces of the rest; and every one of them sets its own rules and, more expensively, sits under its own county lodging tax. So read what follows as the region's money, with the Toledo figures called out wherever I've separated them, and treat the city limit as the line where Chapter 702 stops.

How Much Do Toledo Airbnbs Earn in 2026?

Take the city first, where the median listing brought in $16,302 across the trailing twelve months in BNBCalc's 2026 listing data, against $18,055 for the median listing out in the rest of the market. Size moves that a long way, so within Toledo a one-bedroom in the middle of its size band came to $11,837, a two-bedroom to $14,712, a three-bedroom to $20,904 and a four-plus-bedroom to $27,196.

Location pulls almost as hard as square footage here, though. Hold the size constant at three bedrooms and a house outside the city limits typically earns about $4,600 more than one inside them, which is most of what a whole extra bedroom is worth in Toledo. If you've been searching on the city side because the asking prices are lower there, that gap is the number to weigh it against.

The top of the range sits closer to the middle than you might expect. One listing in four inside the city clears $22,840 a year, and one in four across the whole market clears $24,096, so the distance from an ordinary Toledo rental to a strong one is six or seven thousand dollars rather than a multiple. That cuts both ways, since you won't stumble into a runaway winner here, and you're unlikely to buy a catastrophe either.

Plenty of your competition is already professional. A large share of what's listed here belongs to operators who run cleaning and calendars at volume, and they'll be setting the price you have to answer. Cleaning itself is modest money in this region: where a listing charges a fee for it, the fee averages about $87, and cleaning contributes roughly $935 a year per listing once you fold in the ones that charge nothing. Nearly all of that leaves again the moment somebody turns the house over, so count it against your costs rather than toward your return.

Is the Toledo Airbnb Market Oversaturated?

Honestly, this year's data can't settle it, and it's worth being precise about why.

Metric	Change
Average nightly rate	About 21% higher
Booking lead time	About 12% longer
Occupancy	Not published
Active listings	Not published
Purchase price	About 2% higher

BNBCalc data across every listing in the market. Nightly rate, booking lead time and occupancy compare January through August 2026 against the same months of 2025, as relative changes, rounded. Occupancy and the listing count carry no figure, because the two halves of that window disagree about which way they went. Purchase price sits apart from the rest: it's a full twelve-month figure from a separate home-price series that follows homes rather than listings.

Whether a market is crowded is a question about how many rentals there are, and that's precisely the line this one refuses to hold still on. Over the full eight months it points one way. Over the first four it points the other, and those four months all sit inside a single ingest of BNBCalc's data instead of straddling two. Occupancy behaves exactly the same. Neither version is safe to print, and I'd sooner print nothing here than pick whichever one happened to suit the argument.

Price does survive the check. Average nightly rates came in about 21% ahead of the same months in 2025, which is a large move for a market nobody describes as booming, and guests booked about 12% further out, with the average reservation landing roughly four weeks ahead over the past year. Rates climbing while the booking window stretches usually means demand firmed up rather than softened. Take that as suggestive, not settled, since the occupancy line that would confirm it is the one I can't show you.

So don't hold out for a tidier regional number. What decides your deal is narrower than a region anyway: how full the comparable houses are right now, at your bedroom count, in your town. Pull the occupancy on the nearest handful before you make an offer, then look again every few months, because no average this wide has ever known whether a particular street can absorb another rental.

When Is Toledo's Peak Airbnb Season?

That check gets easier to read once you know when this market actually fills, and Toledo's calendar is more lopsided than most.

Month	Occupancy	Avg nightly rate
Sep 2025	32%	$166
Oct 2025	33%	$167
Nov 2025	31%	$174
Dec 2025	28%	$172
Jan 2026	22%	$159
Feb 2026	25%	$159
Mar 2026	38%	$164
Apr 2026	44%	$176
May 2026	46%	$185
Jun 2026	50%	$193
Jul 2026	54%	$201
Aug 2026	46%	$190

BNBCalc market data across every listing in the market, one row per month from September 2025 through August 2026. Occupancy and nightly rate are averaged independently, so read each column on its own.

Toledo's season lives in the calendar rather than in the price. July filled 54% of its nights against January's 22%, a swing of more than thirty points, while the nightly rate travels from $159 in the two winter months to $201 in July and never leaves that band. Summer here isn't when the market charges more. It's when the market is open.

That carries a practical consequence, and it's the reverse of what you'd tell a beach host. When your rate is flat all year and your occupancy halves in January, the January problem isn't that you priced too high, it's that very little demand exists to price for, and shaving twenty dollars off won't conjure any. Budget the first quarter as the hole it is, keep the fixed costs low enough to sit through it, and take March through August seriously, because that stretch is what pays for the year.

Inside the week, the weekend does nearly all the work, with Saturday running about 29% busier than an average day across this market and Friday about 25% busier, while Monday sits about 18% quieter and Tuesday about 16% quieter. Rates lean the same direction but only half as far, topping out around 15% above average on Saturday and 14% on Friday. Make sure to widen that weekend premium before you touch anything else in your pricing, since the demand is already sitting there waiting for it.

Where Should You Buy an Airbnb in Toledo?

About 34% of the market's listings sit inside Toledo's city limits. Lucas County as a whole carries roughly 48% of them, Wood County about 17%, Ottawa County about 12% and Hancock County about 7%, with the remainder scattered through smaller counties out toward the Indiana line. Those county lines aren't trivia, because the county taxes the stay, and the rates are nowhere near one another.

They earn differently too. Wood County's median listing earned $18,530 over the trailing twelve months and Hancock County's $19,630, while Ottawa County's median listing, out on the flat ground toward Lake Erie, managed $14,559 on the weakest occupancy of those four. Because the geography splits this hard, I've split the ranking to match: Toledo's own neighborhoods first, then the towns beyond them. The two halves use different maps, so hold each up against itself and not against the other.

Inside Toledo

Toledo draws its own neighborhood map, and five of those neighborhoods carry enough measurable listings to rank on what they typically earn in a year.

Rank	Neighborhood	Median annual revenue	Median nightly rate	Median occupancy	75th-percentile revenue
1	Old Orchard	$23,198	$223	28%	$27,035
2	Old West End	$18,800	$181	26%	$33,853
3	Reynolds Corners	$15,986	$146	31%	$22,539
4	Hampton Park	$14,179	$109	36%	$19,277
5	Ottawa	$12,495	$130	30%	$18,131

Medians and 75th percentiles from BNBCalc's 2026 listing data, cut to the City of Toledo's own neighborhood map, trailing twelve months, with the last column marking where a neighborhood's top quarter begins. Every column is worked out on its own, so they don't multiply together. These five are the only Toledo neighborhoods with enough listings to rank, everywhere else in the city is too thin to say anything about, and even these five are thin enough that the order will shuffle between refreshes.

Old Orchard leads at $23,198, on the highest median nightly rate of the five and almost the lowest occupancy. Old West End does something more interesting. Its typical listing earns $18,800, yet its top quarter opens at $33,853, and a gap that wide usually means the individual house is doing more of the work than the address is.

Then the table turns over on itself. Hampton Park charges the cheapest median rate here at $109 and fills the most nights at 36%, while Old West End charges $181 and fills 26%. Which of those two is the better business? Neither, by default. One turns the place over constantly for small money while the other waits on a bigger booking, and which one fits you comes down to how much cleaning and messaging you'll tolerate.

One caution on the occupancy column, before you lean on it. Every figure there belongs to a single median listing in a single neighborhood, so it compares neighborhoods with each other and with nothing else. It won't reconcile with the monthly table, and isn't meant to.

What none of it captures is how these places feel on foot, to you or to whoever's staying, and the best Toledo neighborhoods for Airbnb is where that gets covered.

The Rest of the Market

Beyond the city line, here's the same exercise run on municipalities.

Rank	Place	Median annual revenue	Median nightly rate	Median occupancy	75th-percentile revenue
1	Perrysburg	$28,591	$226	35%	$33,027
2	Rossford	$19,866	$156	34%	$24,043
3	Findlay	$19,413	$160	32%	$26,041
4	Oregon	$18,154	$157	31%	$21,216
5	Bowling Green	$17,689	$189	28%	$29,178
6	Toledo	$16,302	$146	31%	$22,840
7	Paulding	$15,082	$119	35%	$25,099
8	Maumee	$14,199	$149	31%	$19,870

BNBCalc's 2026 listing data mapped onto US Census place boundaries in Ohio and Michigan, trailing twelve months. It shows every place with enough listings to measure, which leaves out most of the small towns and all of the unincorporated township land, and township land holds a sizeable slice of this market. Columns are medians apart from the last, and each is worked out on its own.

Perrysburg runs away with the table at $28,591, about 75% above Toledo's own median and on the best occupancy of the eight, and it sits in Wood County across the Maumee River from the city rather than inside it. Rossford, its neighbor on that same side of the river, comes second. Findlay earns a second look for a different reason: it's an hour south, it orbits its own economy rather than Toledo's, and it still posts the region's third-highest median at $19,413.

Toledo lands sixth on that list, and holding house size constant barely moves it, since the city's three-bedroom median trails the rest of the market's by roughly $4,600. What the city has instead is price, because its houses are the cheapest to buy anywhere here, and gross yield is what settles whether that trade is worth taking. You can see how the whole state sorts on it through the best Ohio markets by gross yield.

There's one more thing worth saying about those rows, though, because each place on the table is a separate municipality with its own council, its own code and its own building department, and Perrysburg, Rossford, Bowling Green, Findlay and Maumee all sit outside Lucas County entirely. The table doesn't reach the land between them either: close to three in ten listings here sit on unincorporated township ground that belongs to no municipality at all, where a township trustee and a county office answer the questions a city hall would elsewhere. Keep that in mind if a listing you like has a rural address, since working out who regulates it takes a phone call rather than a search. Either way, the rules in the next section belong to Toledo and stop at its limits.

Which Amenities Make the Most Money in Toledo?

A hot tub is the clear winner in this market. Listings that have one earn about 27% more revenue in BNBCalc's amenity model as it stands, the only amenity this market page prints a public number against. Measured on the same pass of that model, a hot tub in Cleveland returns about 20%, so Toledo's lift is the bigger of the two, and my guess is that a short summer and a long winter do most of that work.

It holds up at nearly every size, too, which is unusual. The hot tub leads at one bedroom and at two bedrooms at about 22%, and at three bedrooms at about 17%. Four bedrooms and up is the only size where something else takes over, and there a pool leads at about 16%, which figures for the properties big enough to have the yard for one. Several other features register somewhere in the model without showing a public number: lake access, a sauna, a barbecue, a TV, internet, a gym, bicycles, an EV charger and allowing pets. BNBCalc Markets holds what those are worth, the public page doesn't, and I'm not going to invent them. It also leaves out the fixtures that come as standard on almost everything, since a feature every house already has can't explain why one of them beats another.

Lake access landing on that list rather than at the top of it is worth sitting with. The market's name says Toledo, but its eastern edge runs toward the Lake Erie shore, and plenty of buyers arrive here chasing water specifically. In a region where a hot tub is the outright leader and all five ranking neighborhoods are landlocked city ones, the water turns out to be a smaller part of the story than the map suggests.

Is Airbnb Legal in Toledo?

Yes, and by big-city standards it's easy. The work sits in the paperwork rather than in qualifying.

Start by confirming the parcel is actually in Toledo, because a Toledo mailing address settles nothing. Separate municipalities press against the city and sit inside it, Sylvania, Ottawa Hills, Maumee, Oregon, Rossford and Perrysburg among them, with townships filling the gaps, and every one keeps its own zoning. A parcel in any of those answers to that government, not to this one.

Toledo itself, as of September 2026, treats a stay of up to 30 consecutive days as short-term once it's advertised on a booking platform, and nobody may operate or even advertise one without holding an operating permit first. The governing text is Chapter 702, enacted by Ordinance No. 267-21, which City Council passed on December 7, 2021 as an emergency measure by nine votes to two, with the permit requirements taking effect 60 days afterward. Several categories fall outside it altogether: hotels, motels, inns, campgrounds, state-licensed health care facilities, bed and breakfasts the city has already approved, and anything let on a written month-to-month lease.

What makes Toledo unusual, though, is everything the chapter leaves out, because if you read it end to end you'll find no owner-occupancy requirement, no list of zoning districts where short-term rentals are or aren't allowed, no ceiling on how many the city will register citywide or per building, and no minimum distance from the next permitted rental. That's the whole gate. There's no slot to win, no district you have to be inside and nobody to persuade, so what's left is a form you either satisfy or you don't.

The checklist has real items on it. Your application needs a certificate showing your city taxes and utilities are current, or that you're on a payment plan for them, plus evidence you've met the rental registry requirements, a sworn affidavit covering your life-safety equipment, and proof of at least $1 million in general liability insurance. It also wants a basic site plan: the sleeping rooms on it fix your occupancy cap, and the off-street parking spaces on it fix how many vehicles your guests may bring. The hardest line is the local contact, since that person has to be reachable 24 hours a day, seven days a week, and able to respond within 45 minutes of a complaint and actually resolve it. If you're not within driving distance yourself, budget for hiring one.

Then there's the neighbor notice, which catches people out. Within 48 hours of submitting your application you have to mail or hand a city-supplied notice to every property that abuts yours, faces it across the street or alley, or sits diagonally across from it, then give the city the names and addresses you sent it to. The fee is $50 per unit, the permit runs a year from the day it's issued, and the city asks for at least two weeks because the application clears Finance, Building Inspection, Code Enforcement, Public Utilities and Fire. Once you're running, the permit goes on display inside the unit, its number goes on every advertisement, and the ordinance allows two overnight guests per sleeping room plus two more. You also have to verify the identity of whoever books the stay, which is easy to overlook, since the ordinance puts that duty on the operator rather than on the platform.

One thing the chapter never addresses is what happens to a permit when the house changes hands. It issues the permit to the operator for a particular unit, runs it a year from the day it's granted and lets you renew each year, and it says nothing at all about transferring one. So plan on applying in your own name after closing, and if a seller has put a price on an existing permit, ask the city to confirm in writing that it survives a sale before any of that money moves.

A newer ordinance sits underneath all of that, and it's the one most write-ups haven't caught up with. On December 2, 2025, Council repealed Chapter 1767 and enacted a replacement, unanimously and as an emergency, so it took hold that day. Under Section 1767.09, an owner of rental property in Toledo has to be registered under the state's rental registration program, through the Department of Building and Code Compliance and the Lucas County Auditor, within 30 days of taking title. Registering is free, whereas skipping it runs to $250 the first time, to $500 for a second violation inside two years, and to $1,000 per unit for a third, with a misdemeanor charge available on top. Since Chapter 702's application asks you to prove you've met whatever rental registry applies to you, the two interlock now, and buying a house here starts a 30-day clock whether or not you've filed anything else.

The tax lands on what the guest pays, and in Lucas County it lands hard. The county charges a 10% hotel/motel transient occupancy tax on the gross rental receipts, and you file it yourself every month on the county's own form, postmarked no later than the 20th of the month after. A stay of 30 continuous days or more is the only exemption printed on that form, and the county says outright that churches, nonprofits and schools don't get one either. Airbnb's Ohio page names three places in the state where it collects the lodging tax and pays it over for you: Cuyahoga County, Cincinnati and Cleveland. Lucas County isn't one of them, so on a Toledo booking that 10% is yours to add and yours to file, and you'll want to check what any other platform is doing before assuming it handles it.

Cross into another county and the arithmetic changes completely. Ottawa County, holding roughly an eighth of this market, charges 3% instead of 10%, wants you registered with its own auditor within 30 days of your first booking, and names cottages, cabins, condominiums and vacation homes in its registration rule so nobody can argue about whether a house counts. Seven points of difference in what a guest pays will move a booking, and it turns on a county line you can drive across without noticing. Ohio leaves nearly all of this to local government, which is why the answer shifts so sharply over such short distances, and the Ohio short-term rental guide covers how the state layer sits above it. What you file with the state is set out in Ohio's short-term rental tax rules.

Enforcement is the soft spot. Operating or advertising without a permit makes the property a public safety hazard in the city's eyes and draws $100 a week to a ceiling of $500, which isn't much next to a summer weekend's takings. Council has been busy in this area without touching Chapter 702, though: on September 22, 2026 it passed a new licensing chapter for hotels and motels, and that one stops at establishments with five or more guest rooms, so an ordinary house on a platform stays where it was. Nothing has amended Chapter 702 since its enactment, so the 2021 text is still what you'd be judged against. The application form, the offices and the phone numbers all sit in the Toledo short-term rental regulation guide.

Where Does BNBCalc Get Its Toledo Airbnb Data?

The paperwork ends with that guide. Every figure in this article starts somewhere else, in BNBCalc Markets, which researches an entire market rather than one address at a time. Among the things it does is rank a market's submarkets against each other, which is the question this article kept bumping into, since a region spread over eleven counties buries its best and worst pockets inside a single regional average. If you're weighing Perrysburg against a street in west Toledo, you'll want that ranking open before you make an offer.

How Do You Estimate Airbnb Revenue for a Toledo Property?

Every number above belongs to a group of houses, so pinning one address down takes two or three more moves.

The Toledo market page carries the region's current revenue, occupancy and seasonality, and once you have a real address, hand BNBCalc the asking price, the financing you'd actually use and what the place costs you each month, then read what it gives back.

Then test that answer against three things this region does differently. The first I'd check is which county the parcel sits in, since the lodging tax a guest pays swings from 3% to 10% across this market and the registration goes to a different office in each one. Take the winter seriously next, because a January at 22% occupancy is a real quarter of the year you'll be carrying a mortgage through. And if the address falls inside Toledo, put the 30-day registry clock and the $50 permit on your closing checklist rather than meeting them after your first booking.

In a region stitched together from this many small governments, a map will cheerfully show you a house twenty minutes from everything and say nothing about whose rulebook it answers to. Settle that first, from the parcel record and not the envelope.

Frequently Asked Questions

What Is the Average Airbnb Income in Toledo?

The median listing inside Toledo's city limits earned $16,302 over the trailing twelve months in BNBCalc's 2026 data, against $18,055 for the median listing elsewhere across the market. Both are medians, and a plain average would read higher, since a few strong performers drag an average upward. Size moves the figure: within the city, a three-bedroom in the middle of its band earned $20,904. Even so, two houses of one size can land a long way apart.

Is Airbnb Still Profitable in Toledo in 2026?

It can be, as long as you underwrite the winter honestly. Set January through August 2026 beside the matching eight months of 2025 and average nightly rates climbed about 21% across the market, while guests booked about 12% further ahead. The listing count and occupancy pointed opposite ways depending on the window used, so this article publishes neither. Any single house still answers to what you paid for it, what it costs to hold, and which government's line it falls on.

What Is the Best Month for Airbnb in Toledo?

July, on occupancy and rate together. Toledo filled 54% of its nights that month in 2026 at an average of $201 a night, its strongest showing on both measures, with June just behind. January was the low point at 22% occupancy and $159. The rate barely travels across the year here, which makes the season almost entirely an occupancy story, and March through August carries it.

Do You Need a Permit to Run an Airbnb in Toledo, Ohio?

Yes. Toledo Municipal Code Chapter 702 requires an operating permit for each unit before you offer or advertise a stay of up to 30 consecutive days, and it costs $50 a year per unit through the Division of Treasury. The application asks for $1 million in general liability insurance; an affidavit covering smoke alarms, a carbon monoxide detector within 15 feet of every sleeping room and a fire extinguisher; a 24-hour local contact who can respond within 45 minutes; a site plan; and proof your city taxes and utilities are current. Operating without one draws $100 a week to a maximum of $500 and gets the property declared a public safety hazard. Suburbs and townships around Toledo set their own requirements.

Can You Buy an Investment Property in Toledo and Run It as an Airbnb?

Yes, and this is where Toledo parts company with most large cities. Chapter 702 carries no owner-occupancy requirement, so living on the parcel isn't asked of you, and it doesn't confine short-term rentals to particular zoning districts, cap how many the city registers, or set a minimum distance between them. You still need the permit, the insurance, the life-safety equipment and the local contact. Since December 2, 2025 you also have to register the property as a rental through the city's Department of Building and Code Compliance and the Lucas County Auditor within 30 days of taking title. That registration costs nothing, but missing it runs to $250 the first time and $1,000 per unit by the third violation.

Which Toledo Neighborhood Is Best for Short-Term Rentals?

It depends which trade you want. Old Orchard posts the highest median at $23,198, on the highest median nightly rate of the five that rank, $223. Old West End has the strongest top quarter, opening at $33,853, which suits a large house done well. Hampton Park fills the most nights at 36%, on the cheapest median rate, $109. Those come from BNBCalc's 2026 listing data as medians and 75th percentiles, cut to the City of Toledo's own neighborhood map. Only five Toledo neighborhoods carry enough listings to measure, and they're thin enough that the order will shuffle.

How Much Is the Airbnb Tax in Toledo, Ohio?

A guest staying in Toledo pays Lucas County's 10% hotel/motel transient occupancy tax on gross rental receipts, and the host files it monthly on the county's own return, postmarked by the 20th of the month after. Stays of 30 continuous days or more are the only exemption on that form. Airbnb doesn't collect it for Lucas County, since its Ohio page names only Cuyahoga County, Cincinnati and Cleveland, so the host adds the charge and remits it. The rate changes with the county: Ottawa County, on the eastern side of this market, charges 3% and takes its own auditor registration instead.