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

Canastota Short-Term Rental Market Overview

Canastota, NY earns an ROI score of 87 out of 100, placing it firmly in "Standout Opportunity" territory for short-term rental investors. With an average annual revenue of $47,203 against average home values of $340,745, the revenue-to-price ratio is notably above average. The market is small — just 27 active Airbnb listings — but that compact supply, paired with above-average occupancy stability and strong summer demand driven by lake access and outdoor recreation, creates an environment where well-managed properties can perform meaningfully above state averages on a yield basis.

Key Market Statistics

According to Rabbu market data, the Canastota 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 Canastota

Canastota's combination of strong revenue-to-price ratios, limited competition, and waterfront-driven seasonal demand makes it an appealing market for investors seeking high-yield STR opportunities in upstate New York.

Expert Market Assessment

"Canastota presents a compelling opportunity for investors comfortable with seasonal cash-flow patterns. Revenue peaks sharply in the summer — August averages $8,341 per listing — then dips to around $1,548 in March, creating a roughly 5:1 spread between highs and lows. The tight supply of 27 listings and above-average supply/demand balance suggest the market isn't saturated, and the favorable revenue-to-price dynamics make it easier to hit cash-flow targets than in many higher-priced New York markets. Investors who plan their pricing strategy around the May-through-October high season should find this market rewarding."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Canastota

Average revenue by month in Canastota

Canastota's revenue curve is heavily seasonal, peaking in August at $8,341 and bottoming out in March at $1,548 — a spread of nearly $6,800. The May-through-October window accounts for the bulk of annual earnings, making strategic pricing and minimum stay adjustments during the summer critical for maximizing returns.

Active Airbnb listings by property size in Canastota

The market's 27 active listings are concentrated in just two property sizes: 12 three-bedroom units and 6 four-bedroom units. The absence of smaller studio, one-, or two-bedroom listings could signal an underserved niche, though it may also reflect that the area's appeal skews toward groups and families seeking larger vacation rentals with lake access.

Average daily rate (ADR) by property size in Canastota

ADR scales modestly from $297 for three-bedroom properties to $320 for four-bedrooms, a premium of about $23 per night. Given that the additional bedroom may not proportionally increase acquisition costs, four-bedroom units offer a reasonable rate advantage, though the gap is narrower than in many markets.

Average RevPAN by property size in Canastota

Four-bedroom properties lead in RevPAN at $103 compared to $89 for three-bedrooms, reflecting both their higher ADR and slightly better occupancy. This $14 per-night difference translates to meaningful revenue gains over a full year, suggesting the larger format captures stronger per-night returns after accounting for vacancy.

Average occupancy rates by property size in Canastota

Occupancy rates are tightly grouped, with three-bedroom properties at 30% and four-bedrooms at 32%. The modest difference indicates that both sizes face similar demand dynamics, and neither configuration suffers a significant fill-rate penalty — though both reflect the market's overall seasonal nature.

Average monthly revenue by property size in Canastota

Three-bedroom listings actually lead in average monthly revenue at $4,297 compared to $3,936 for four-bedrooms, likely reflecting the larger sample size of three-bedroom units and possibly a wider range of pricing strategies. The relatively small gap suggests both configurations deliver comparable cash flow on a monthly basis.

Average annual revenue by property size in Canastota

On an annual basis, three-bedroom properties generate roughly $51,567 versus $47,238 for four-bedrooms. For investors weighing acquisition costs against revenue potential, three-bedroom homes currently offer the strongest annual return profile in this market, though four-bedroom units still deliver solid revenue above the overall market average.

Most common amenities for Airbnb listings in Canastota

Every listing in Canastota offers a kitchen and parking — table stakes for this market. The high prevalence of BBQ grills (89%), backyards (82%), and lake access (78%) signals that guests expect a full outdoor-recreation experience, while the scarcity of hot tubs (7%) could represent a differentiation opportunity for investors willing to add one.

Understanding Canastota's ROI Score: 87/100

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

Canastota's ROI score of 87 out of 100 places it in the "Standout Opportunity" band, driven primarily by an above-average revenue-to-price ratio and above-average occupancy stability — two factors that together account for 70% of the score's weighting. Supply/demand balance also rates above average, while market growth trend comes in at average, reflecting a market that's proven but still maturing. Investors should pair these favorable metrics with thorough local regulatory research and a clear plan for managing the seasonal revenue swings inherent in this lake-country market.

Short-Term Rental Regulations in Canastota

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

Permit Requirements

Operators looking to run a short-term rental in Canastota, NY should verify whether the village or Madison County requires a specific STR permit or registration. New York State does not impose a statewide STR permit, so requirements vary by locality — contacting the local clerk's office or zoning board is the most reliable step before listing.

Key Restrictions

Common restrictions that may apply in Canastota and surrounding areas include occupancy limits tied to bedroom count, minimum stay requirements, noise and nuisance ordinances, and parking mandates. Investors should also check for any HOA covenants or deed restrictions on properties they're considering, as these can prohibit or limit short-term rental use regardless of municipal rules.

Tax Obligations

Short-term rental hosts in New York are generally subject to state and county sales taxes, and localities may impose additional occupancy or tourism taxes. 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 and Finance.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Canastota's STR market is expected to maintain its pronounced summer seasonality, with peak monthly revenues likely concentrated in July and August. ADR growth of roughly 2–4% is a reasonable estimate given the market's small supply base and steady demand trends, though the winter months will continue to be soft. With listing counts doubling year-over-year, investors should monitor whether new supply begins to compress occupancy, but the favorable supply/demand balance suggests the market still has room to absorb additional inventory in the near term."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Canastota, NY

What is the average Airbnb occupancy rate in Canastota?

The average occupancy rate for Airbnb listings in Canastota is currently 28%, which sits below the New York state average of 40%. This lower figure reflects the market's strong seasonality — occupancy climbs significantly during the summer months when lake and outdoor recreation drive bookings, then tapers in winter. Three-bedroom properties average 30% occupancy and four-bedrooms come in at 32%, indicating that larger units maintain slightly stronger demand year-round.

How much do Airbnb hosts make in Canastota?

On a trailing 12-month basis, Airbnb hosts in Canastota earn an average of $3,933 per month, which translates to roughly $47,203 annually. Revenue varies widely by season — August is the highest-earning month at $8,341 on average, while March dips to around $1,548. Three-bedroom listings tend to edge ahead with average annual revenue of $51,567, compared to $47,238 for four-bedroom properties.

Is Canastota a good market for Airbnb investment?

Based on Rabbu's analysis, Canastota earns an ROI score of 87 out of 100, categorized as a "Standout Opportunity." Key strengths include an above-average revenue-to-price ratio (average home value of $340,745 versus $47,203 in annual revenue), above-average occupancy stability, and a favorable supply/demand balance with only 27 active listings. The primary consideration is the market's pronounced seasonality, so investors should plan for softer winter months in their financial projections.

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

The average daily rate in Canastota is $291, which is below the New York state average of $381. Three-bedroom properties command an ADR of $297, while four-bedroom units average $320. Despite the lower ADR relative to the state, Canastota's significantly lower property acquisition costs mean the yield on investment can be quite competitive.

Are short-term rentals legal in Canastota?

Short-term rentals are generally permitted in Canastota, NY, though specific regulations can vary based on local zoning and any village-level ordinances. Investors should check with the Canastota village office or Madison County for any permit, registration, or zoning requirements before listing a property. It's also wise to review HOA or deed restrictions on any specific property you're considering.

When is peak season for Airbnb in Canastota?

Peak season in Canastota runs from roughly May through October, with the strongest performance in July and August. August leads the year with average monthly revenue of $8,341, followed by July at $7,374. The shoulder months of May, June, September, and October still deliver solid returns ranging from $4,366 to $5,352. Winter months from December through March are the quietest, with revenue dropping to the $1,548–$2,041 range.

How many Airbnbs are there in Canastota?

As of April 2026, there are 27 active Airbnb listings in Canastota. This represents a 100% increase year-over-year, suggesting growing investor interest in the market. The current supply is concentrated in larger property sizes, with 12 three-bedroom and 6 four-bedroom listings making up the tracked inventory.

How is Airbnb revenue calculated in Canastota?

The annual and monthly revenue figures for Canastota are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll 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 data. Individual results can vary based on property quality, pricing strategy, and operational management.

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 Canastota market
• Average daily rate, occupancy, and RevPAN trends across property sizes
• Monthly and annual revenue metrics based on trailing 12-month booking data
• Home value estimates sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data for active listings to inform property setup decisions

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 12-month historical performance and market conditions may shift due to new regulations, economic changes, or increased competition. Local short-term rental regulations vary and should be independently verified before making investment decisions.