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Lancaster

Fairfield County, OH

STR Investment Grade

Transparent Scoring
B
62/100
⚠️ HOLD
Score Breakdown
💰Cash-on-Cash
18/35
🏠Affordability
12/25
📅Year-Round Income
12/15
🤝Landlord Friendly
8/10
📈Room to Grow
12/15
Cash-on-Cash
5.6%
Marginal (5%+)
Median Home
$265K
Moderate
Room to Grow
12/15
Good Headroom

STRs Generally Permitted

STRs generally allowed with standard permits

No major restrictions known. Standard registration and tax collection may be required. Check local ordinances for specific requirements.

Permit: Moderate
AI-generated regulation data · Regulations change frequently
📋 Before You Invest
Even in STR-friendly markets, confirm the details for your specific property. Call the Lancaster City Clerk or Planning & Zoning Department and ask:
1. Are short-term rentals (under 30 days) allowed at [your address]?
2. What permits or licenses are required?
3. Are there owner-occupancy requirements?
4. Any caps on rental nights per year or number of permits?
Regulation details vary by neighborhood and zoning district — always verify for your specific address.

Why Lancaster?

Suburban Market

What drives short-term rental demand here

🏘️
Suburban Stay

Family-friendly neighborhoods near attractions offer spacious stays at accessible price points.

📈
Growing Market

Population and economic growth signal increasing demand and property appreciation potential.

Will This Deal Work?

Investment Grade
B
Marginal (5%+)
CoC: 5.6%
Can You Pay the Bills?
YES
Income covers mortgage
THE BOTTOM LINE ⚠️

Good opportunity. Solid fundamentals but may require careful property selection.

💵
$140
Avg ADR
📅
62%
Occupancy
💰
$2,604
Monthly Revenue
🏠
$265K
Median Price

Market estimates · Updated Feb 2026

📊 Income by Property Size

Monthly revenue estimates by bedroom count

1BR
$911
2BR
$1,692
3BR
$2,604
4BR
$3,775
5BR
$4,687
6BR+
$5,598
⭐ Best

🏠 Top Amenities for This Market

Add these to boost your revenue

MUST HAVEParking
+18%
MUST HAVEWalkability
+15%
HIGH IMPACTWorkspace
+12%
HIGH IMPACTFast WiFi
+10%
NICE TO HAVERooftop/Patio
+8%

🎯 Your Next Steps

1
Search for 6BR+ properties
Best income potential at $5,598/month
2
Add a Parking
Boost revenue by +18%
3
Target $3,255/month
Top 25% performer income goal

📋 Regulation Status

LegalPermit: Moderate

Regulations vary by city and county. Always verify local STR ordinances, permit requirements, and zoning laws before purchasing.

Research Comparable Listings

See active short-term rentals in this market

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Take the Next Step

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Lancaster, Ohio is rated B for Airbnb investment with a score of 62/100 (HOLD). The market has an average daily rate (ADR) of $140, 62% occupancy, and estimated monthly STR revenue of $2,604. Median home value is $264,532 with a cash-on-cash return of 5.6%. STR regulation status: Legal. Data powered by Edge by Teeco using estimated market data.