Binghamton, NY Airbnb Market Data, Statistics, and Occupancy Rates

Binghamton Short-Term Rental Market Overview

Binghamton's short-term rental market stands out for its favorable revenue-to-property-price ratio, with average home values around $273,694 and annual STR revenue averaging $19,702. The market is compact at just 46 active Airbnb listings, suggesting room for new entrants who can differentiate on quality. While occupancy sits at 28%—below the New York state average of 40%—the low acquisition costs and above-average revenue-to-price dynamics create an appealing entry point for budget-conscious investors looking at upstate New York.

Key Market Statistics

According to Rabbu market data, the Binghamton short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Binghamton

Binghamton appeals to STR investors primarily because of its strong revenue-to-price ratio and low barrier to entry in an emerging upstate New York market.

Expert Market Assessment

"Binghamton presents a moderate-to-attractive opportunity for STR investors who prioritize affordability and yield over high absolute revenue. The market's ROI score of 67 out of 100 reflects its above-average revenue-to-price ratio, balanced against average occupancy stability and growth trends. Seasonality is pronounced—August tops out at $2,577 in average monthly revenue while February dips to $941—so investors should plan for leaner winter months. Larger properties (3–4 bedrooms) generate meaningfully higher returns and may be the best path to cash-flow positive performance in this market."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Binghamton

Average revenue by month in Binghamton

Revenue in Binghamton peaks in August at $2,577 and bottoms out in February at $941, creating a roughly 2.7x seasonal spread. The May-through-August stretch is consistently the strongest period, while winter months require investors to budget for significantly lower cash flow.

Active Airbnb listings by property size in Binghamton

Supply is relatively balanced across property sizes, with 1-bedrooms leading at 14 listings followed closely by 2-bedrooms at 13. Larger units (3- and 4-bedrooms) are less represented at 10 and 7 listings respectively, which may signal an opportunity for investors willing to operate bigger properties in a less crowded segment.

Average daily rate (ADR) by property size in Binghamton

ADR scales steeply with bedroom count in Binghamton, jumping from $78 for 1-bedrooms all the way to $268 for 4-bedroom properties—a 3.4x premium. The jump from 3-bedrooms ($166) to 4-bedrooms ($268) is particularly notable and suggests strong pricing power for larger group-friendly accommodations.

Average RevPAN by property size in Binghamton

RevPAN climbs steadily with size, from $22 for 1-bedroom units to $56 for 4-bedroom properties, indicating that larger listings generate meaningfully more revenue per available night even after accounting for their lower occupancy. For investors focused on yield, 3- and 4-bedroom configurations deliver the strongest RevPAN in this market.

Average occupancy rates by property size in Binghamton

Two-bedroom listings lead occupancy at 32%, while 4-bedrooms trail at just 21%, suggesting that mid-sized properties fill more consistently. Investors targeting larger homes should expect to compensate for lower occupancy through higher nightly rates, which the ADR data confirms is achievable in this market.

Average monthly revenue by property size in Binghamton

Monthly revenue roughly triples from 1-bedroom listings ($839) to 4-bedroom properties ($2,717), making larger units the clear revenue leaders. Even 2-bedroom properties at $1,669 per month nearly double what 1-bedrooms generate, suggesting a significant step up in earnings once you move beyond studio-style units.

Average annual revenue by property size in Binghamton

Four-bedroom properties lead with $32,609 in average annual revenue, more than triple the $10,073 earned by 1-bedroom listings. Three-bedroom units at $24,998 also offer strong return potential and may present a better balance of acquisition cost versus income for investors evaluating ROI against Binghamton's average home values of $273,694.

Most common amenities for Airbnb listings in Binghamton

Parking (96%) and a full kitchen (94%) are near-universal among Binghamton listings, reflecting guest expectations in a car-dependent upstate market. Self check-in (85%) and a dedicated workspace (74%) also feature prominently, suggesting demand from both leisure travelers and remote workers, while premium amenities like hot tubs (2%) and EV chargers (4%) remain rare differentiators.

Understanding Binghamton's ROI Score: 67/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Binghamton's ROI score of 67 out of 100 places it in the "Attractive Opportunity" band, driven primarily by its above-average revenue-to-price ratio—the most heavily weighted factor at 40%. Occupancy stability, market growth, and supply/demand balance all register as average, meaning the market's appeal hinges more on affordable entry costs than on exceptional demand metrics. Investors should pair these findings with thorough local regulatory research and realistic seasonal cash-flow modeling before committing capital.

Short-Term Rental Regulations in Binghamton

Understanding local STR regulations is essential before investing in Binghamton. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Binghamton, New York, may be required to obtain permits or register their property with the city before listing. Investors should verify current requirements directly with the City of Binghamton and Broome County offices, as local STR regulations in New York can change frequently.

Key Restrictions

Common restrictions that may apply include occupancy limits, minimum stay requirements, noise ordinances, and parking provisions. Some properties may also be subject to HOA rules or zoning limitations that restrict short-term rental activity, so reviewing any deed restrictions or neighborhood covenants is advisable before purchasing.

Tax Obligations

STR hosts in New York are typically subject to state and local occupancy taxes, sales tax, and potentially a tourism-related surcharge. Platforms like Airbnb often collect and remit certain taxes on behalf of hosts, but operators should confirm their full tax obligations with a local accountant or the New York State Department of Taxation.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Binghamton can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Binghamton's STR market is likely to see continued supply growth—active listings surged 124% year-over-year—which could moderate per-listing occupancy if demand doesn't keep pace. Seasonal patterns suggest revenue will remain strongest from May through August, with ADR potentially increasing 2–4% as hosts optimize pricing for summer demand tied to the region's outdoor recreation and university activity. Occupancy may stabilize in the 26–30% range market-wide, though well-positioned larger properties could outperform given their stronger RevPAN. Investors should monitor whether the rapid supply expansion creates pricing pressure or is absorbed by growing traveler interest in the Southern Tier."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Binghamton, NY

What is the average Airbnb occupancy rate in Binghamton?

The average occupancy rate for Airbnb listings in Binghamton is currently 28%, which falls below the New York state average of 40%. Occupancy varies by property size, with 2-bedroom units performing best at 32% and 4-bedroom properties coming in at 21%. These figures reflect market-wide averages, and individual properties with competitive pricing and strong amenities can outperform.

How much do Airbnb hosts make in Binghamton?

Airbnb hosts in Binghamton earn an average of $1,641 per month, or approximately $19,702 annually based on trailing 12-month performance. Revenue varies significantly by property size: 1-bedroom listings average about $10,073 per year, while 4-bedroom properties bring in roughly $32,609. Peak months like August can yield $2,577, while slower months like February may drop to around $941.

Is Binghamton a good market for Airbnb investment?

Binghamton scores 67 out of 100 on Rabbu's ROI Score, placing it in the 'Attractive Opportunity' category. The market's key strength is its above-average revenue-to-price ratio—average home values of $273,694 paired with nearly $20,000 in annual STR revenue offer a compelling yield compared to more expensive New York markets. Investors should be aware of the seasonal revenue swings and below-average occupancy, but the low entry cost makes it an accessible market for testing an STR strategy.

What is the average daily rate (ADR) for Airbnb in Binghamton?

The average daily rate in Binghamton is $143, substantially lower than the New York state average of $381. ADR scales with property size: 1-bedroom listings average $78 per night, 2-bedrooms average $115, 3-bedrooms hit $166, and 4-bedroom properties command $268 per night. The lower ADR reflects Binghamton's position as a more affordable upstate market.

Are short-term rentals legal in Binghamton?

Short-term rentals operate in Binghamton, but local regulations may require permits, registration, or compliance with zoning requirements. Rules can vary at the city and county level, and New York State has its own tax and regulatory framework. Prospective hosts should consult the City of Binghamton's planning or code enforcement offices for the most current requirements before listing a property.

When is peak season for Airbnb in Binghamton?

Peak season in Binghamton runs from May through August, with August generating the highest average monthly revenue at $2,577. July follows closely at $2,139, and May brings in around $1,970. The slowest months are January and February, when revenue dips to $1,033 and $941 respectively, creating a roughly 2.7x spread between peak and off-peak performance.

How many Airbnbs are there in Binghamton?

As of April 2026, there are 46 active Airbnb listings in Binghamton. The supply is fairly evenly distributed: 14 one-bedroom, 13 two-bedroom, 10 three-bedroom, and 7 four-bedroom properties. Notably, active listings grew 124% year-over-year, indicating a rapidly expanding market that is attracting new hosts.

How is Airbnb revenue calculated in Binghamton?

The annual and monthly revenue figures shown for Binghamton are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remaining data up to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical performance. Individual results can vary based on property quality, pricing strategy, and how actively the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for the Binghamton market
• Average daily rate, occupancy, and RevPAN metrics tracked over time
• Monthly and annual revenue estimates based on trailing 12-month booking data
• Property size breakdowns for listings, rates, occupancy, and revenue
• Data sourced from Rabbu proprietary analytics and Zillow Home Value Index

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing performance as of April 2026 and may not capture very recent market shifts. Local regulations, HOA rules, and tax requirements vary and should be independently verified before investing.