A new and distinct cultivar of winter-hardy, herbaceous, perennial, hybrid Hibiscus plant named ‘Airbrush Effect’ comprising a compact habit of multiple, well-branched, basal stems having flowers of a vibrant pink with salmon tones in concentrated speckles that appear like spray painted. The flowers have a small dark red eye and lighter pink center that increases in intensity and becomes darker and more concentrated as it radiates toward the petal tips. Flower shape is slightly cupped. The foliage is three-lobed, deeply dissected, and dark green colored.