Canton

As of May 2026, Canton, Akron, Cleveland, Youngstown have 1,693 active Airbnb and VRBO listings. This represents a 2% increase from the previous year.

The average Airbnb or VRBO in Canton generates $36K per year. High-performing properties earn $77K/year, while low-performing properties earn $20K/year. The significant spread between top and bottom earners suggests that revenue potential is heavily concentrated in specific listings rather than distributed evenly across the market.

Average home prices in Canton vary by property size: 1-bedroom properties cost approximately $86K, 2-bedroom homes average $147K, 3-bedroom properties are around $215K, and 4+ bedroom homes average $292K. These prices reflect median home values across the Canton, Akron, Cleveland, Youngstown area.

Airbnb and VRBO can be profitable in Canton, with an average gross yield of 18% across all properties. High-performing properties achieve yields up to 39%, which is considered top for short-term rental investment. This wide yield variance indicates that while the market baseline is stable, elite properties capture a disproportionately larger share of returns.

The average occupancy rate for Airbnbs and VRBOs in Canton is 37%. This occupancy level, combined with an average nightly rate of $232, results in a RevPAR (revenue per available room) of $71 per day.

1-bedroom properties demonstrate the strongest performance in Canton, with an average gross yield of 32% and annual revenue of $28K. These properties balance purchase price ($86K), operating costs, and rental demand most effectively in the Canton market.

Short-term rental regulations vary by jurisdiction in the Canton area. Canton: Lenient. No specific STR regulations. General business license may apply. Minimal enforcement, hosts operate freely. Akron: Moderate. Business license required, zoning restrictions in some areas. Moderate enforcement through complaints. Cleveland: Moderate. Registration required, safety inspections, owner-occupancy for certain properties. Enforcement through complaint-driven system. Youngstown: Lenient. No specific STR ordinances. Basic business licensing. Very limited enforcement, largely unregulated market. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Canton Airbnb and VRBO market is currently showing balanced conditions. Supply has grown 2% year-over-year, while RevPAR has decreased 14%. This indicates balanced supply-demand dynamics. The drop in RevPAR despite minimal supply growth suggests softening demand or increased pressure on pricing power within the existing market landscape.

Launch around April, 2-3 months before peak fall season (July peaks). This pre-peak timing lets you build reviews when competition is 20% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-January) when gaining traction is harder.

The most common amenities in Canton listings include: Air Conditioning (99%), Kitchen (93%), Tv (83%), Heating (67%), Balcony (56%). Amenities that boost revenue the most include Air Conditioning, Hot Tub, Pool, with Air Conditioning properties earning approximately 87% more ($43K/year vs $23K/year).

Monthly estimated revenue per listing in Canton over the last 12 months: May: $2K, June: $3K, July: $3K, August: $3K, September: $2K, October: $3K, November: $2K, December: $2K, January: $1K, February: $1K, March: $2K, April: $2K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Canton is $232, up 14% year-over-year. By property size: 1-bedroom properties average $194/night, 2-bedroom properties average $204/night, 3-bedroom properties average $223/night, 4+ bedroom properties average $397/night. Rates peak in August and are lowest in May.

Guests in Canton book an average of 36 days in advance, down 13% from last year. By property size: 1-bedroom: 33 days, 2-bedroom: 36 days, 3-bedroom: 34 days, 4+ bedroom: 43 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Canton Airbnb and VRBO market has seen the following changes: supply grew 2%, revenue per listing decreased 14%, occupancy fell 9%, average nightly rates increased 14%, and lead time decreased 13%. These metrics reflect a shift toward shorter booking windows and higher pricing, which has effectively constrained overall occupancy and revenue per listing.

In Canton, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 92% higher occupancy than weekdays.