Rental Arbitrage in Columbus, OH
We have not published a sourced legal page for this city yet. Check the city's official short-term rental rules and your lease before relying on the numbers below.
- Average daily rate
- $164.80
- Occupancy
- 64%
- Annual revenue potential
- $32,300
How Much Rent Can a Unit Here Carry?
- Most rent that breaks even
- $2,678
- Rent that leaves a 20% margin
- $1,927
At the market's average rate and occupancy, a unit books about 19.5 nights and $3,758 a month. The ceiling assumes 3-night stays, an $85 cleaning fee against a $75 clean, a 3% platform fee and $480 a month for bills, insurance, supplies and software. Market averages include every listing size, so a one-bedroom usually earns less. Treat these as upper limits for a lease negotiation, not targets.
Run the Numbers for Columbus, OH
Pre-filled with the market's rate and occupancy, and a rent at the 20% margin ceiling. Replace the rent with the real asking rent of the unit you're considering.
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The Columbus, OH Market
AirDNA's Columbus market averaged a $164.80 daily rate at 64% occupancy over the last 12 months, about 19.5 booked nights and $3,800 of booking income a month for an average listing.
Columbus requires a short-term rental license, and a non-owner can apply only as the primary resident, with a lease that explicitly allows short-term rental. That means a tenant can host in their own home but can't lease a separate unit to run as a rental. The license also needs a notarized application, background checks and a 24/7 local contact.
Startup Costs
At a $1,900 rent, expect roughly $12,200 before the first booking: a one-month deposit, the first month's rent, about $7,500 of furnishing and $900 of setup. Add a cushion of a few months of costs. Work it out properly with the startup cost calculator.
Risks to Weigh
- Tenants can only host in their own primary residence
- The lease must explicitly allow short-term rental
- Background checks and a notarized application are required
- A 5.1% city lodging excise tax
Frequently Asked Questions
- Can I Do Rental Arbitrage in Columbus?
- Not on a separate unit. A non-owner can hold a license only as the primary resident of the home, with a lease that explicitly allows short-term rental.
- How Busy Is the Columbus Short-Term Rental Market?
- AirDNA's Columbus market averaged a $164.80 daily rate at 64% occupancy over the last 12 months, with annual revenue of about $32,300.
- What Does a Columbus License Cost?
- $20 to apply, then $75 for a primary residence or $150 for a non-primary residence, plus $32 per background check.
- What Tax Applies?
- A 5.1% city lodging excise tax. If the platform remits it to the city, you don't file a return.
- What Can a Renter Do Instead?
- Furnished stays of 30 days or more, if the lease allows them. The mid-term rental calculator compares that against a short-term estimate.