Caroga Lake, NY Airbnb Market Data, Statistics, and Occupancy Rates

Caroga Lake Short-Term Rental Market Overview

Caroga Lake, NY is a small but promising lakeside market with just 12 active Airbnb listings and an average annual revenue of $28,439 per property. With an average daily rate of $297 and strong summer seasonality — August alone averages $5,602 in monthly revenue — this Adirondack-region destination rewards investors who can capture peak-season demand. The market's favorable revenue-to-price ratio and limited supply create an appealing entry point for those targeting vacation-rental income.

Key Market Statistics

According to Rabbu market data, the Caroga Lake 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 Caroga Lake

A compelling revenue-to-price ratio and tight supply make Caroga Lake attractive for investors seeking seasonal vacation-rental income in a lakefront setting.

Expert Market Assessment

"Caroga Lake earns a Standout Opportunity designation with an ROI score of 77 out of 100, driven primarily by its above-average revenue-to-price ratio and favorable supply/demand balance. Seasonality is the defining feature here: August and July generate roughly $5,602 and $4,782 in average monthly revenue respectively, while winter months like March and April dip below $1,150. This makes the market best suited for investors comfortable with highly seasonal cash flow, where strong summer earnings need to carry leaner off-peak months. The tiny inventory of 12 active listings means competition is thin, but it also signals a market still in its early stages of STR adoption."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Caroga Lake

Average revenue by month in Caroga Lake

Caroga Lake exhibits extreme seasonality, with August ($5,602) and July ($4,782) generating roughly 4–5 times the revenue of the slowest months like April ($1,052) and March ($1,127). Investors should expect the summer window from May through September to deliver the lion's share of annual income, with a notable shoulder-season contribution from fall foliage months.

Active Airbnb listings by property size in Caroga Lake

The entire reportable supply consists of 3-bedroom properties, with 5 active listings in that category. This extreme concentration means there's virtually no data on other bedroom counts, potentially signaling untapped opportunity for investors willing to offer 1–2 bedroom or 4+ bedroom configurations.

Average daily rate (ADR) by property size in Caroga Lake

Three-bedroom properties — the only size with sufficient data — command an ADR of $191, which sits well below the market-wide average of $297. The gap suggests that other listing types (possibly larger or more premium properties) may be pulling the overall ADR higher, and investors targeting 3-bedroom homes should price around the $191 benchmark.

Average RevPAN by property size in Caroga Lake

Three-bedroom listings deliver a RevPAN of $65, reflecting the combined effect of a $191 ADR and 34% occupancy. While modest on a nightly basis, this figure is consistent with the market's seasonal nature where summer months substantially outperform the annual average.

Average occupancy rates by property size in Caroga Lake

Three-bedroom properties average 34% occupancy, which is slightly above the market-wide 28% average. While this occupancy level is below the state norm, it reflects the seasonal dynamics of a lakeside destination where demand concentrates heavily in summer months.

Average monthly revenue by property size in Caroga Lake

Three-bedroom homes generate an average of $2,045 per month, slightly below the market-wide average of $2,369. Since 3-bedrooms are the only size with reportable data, the overall market average likely reflects contributions from unlisted or less common property configurations earning at higher rates.

Average annual revenue by property size in Caroga Lake

At $24,547 in average annual revenue, 3-bedroom properties represent a solid baseline return against the average home value of $371,484. Investors should evaluate whether the roughly 6.6% gross yield aligns with their return requirements after accounting for operating expenses and seasonal vacancy.

Most common amenities for Airbnb listings in Caroga Lake

Every listed property in Caroga Lake offers parking, a kitchen, a BBQ grill, and a backyard — these are table stakes for this market. Lake access (67%) and outdoor furniture (75%) further underscore that guests prioritize outdoor and waterfront experiences, making these amenities essential for competitive positioning rather than optional upgrades.

Understanding Caroga Lake's ROI Score: 77/100

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

Caroga Lake's ROI score of 77 out of 100 places it firmly in the Standout Opportunity band, anchored by an above-average revenue-to-price ratio and a favorable supply/demand balance that benefits from just 12 active listings. Occupancy stability scored below average — a reflection of the market's pronounced seasonality rather than weak demand — while market growth trends rate as average, suggesting steady but not explosive expansion. Pairing this score with thorough local regulatory research and a realistic seasonal cash-flow model will help investors gauge whether Caroga Lake fits their portfolio.

Short-Term Rental Regulations in Caroga Lake

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

Permit Requirements

Short-term rental operators in Caroga Lake, NY should verify whether a local permit or registration is required by contacting the Town of Caroga and Fulton County. New York State does not impose a statewide STR registration requirement, but local municipalities may have their own rules that apply.

Key Restrictions

Common restrictions that may apply in lakefront communities like Caroga Lake include occupancy limits, minimum stay requirements, noise ordinances, parking regulations, and any HOA or lake-association rules that govern rental activity. Investors should confirm whether permit caps or zoning overlays limit the number of allowable short-term rentals in residential areas.

Tax Obligations

Short-term rental hosts in New York are generally subject to state and county sales taxes, as well as any applicable local occupancy or bed taxes. Platforms like Airbnb often collect and remit state-level taxes on behalf of hosts, but operators should confirm their local obligations directly with Fulton County or a tax professional.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Caroga Lake's short-term rental market is expected to continue benefiting from strong summer demand, with July and August likely driving the bulk of annual revenue. ADR could see modest increases in the range of 2–5% as the limited supply of 12 listings meets steady seasonal interest. Year-over-year listing growth of 117% signals rising investor attention, which may gradually push occupancy competition upward — though the market's small base means even a handful of new listings can shift dynamics. Investors entering soon may benefit from the current supply-demand imbalance before the market matures further."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Caroga Lake, NY

What is the average Airbnb occupancy rate in Caroga Lake?

The average occupancy rate for Airbnb listings in Caroga Lake is currently 28%, which falls below the New York state average of 40%. This reflects the market's strong seasonal character — summer months drive the majority of bookings, while off-peak periods see significantly lower demand. Investors should plan their pricing and availability strategies around this pronounced seasonality.

How much do Airbnb hosts make in Caroga Lake?

Airbnb hosts in Caroga Lake earn an average of $2,369 per month and approximately $28,439 per year based on trailing 12-month booking data. Revenue is heavily concentrated in the summer, with August averaging $5,602 and July averaging $4,782, while winter months typically fall between $1,050 and $1,950. Individual results will vary based on property quality, pricing, and how effectively hosts capture peak-season bookings.

Is Caroga Lake a good market for Airbnb investment?

Caroga Lake scores 77 out of 100 on Rabbu's ROI Score, placing it in the Standout Opportunity category. The market benefits from an above-average revenue-to-price ratio and limited competition with only 12 active listings. However, occupancy stability is below average due to strong seasonality, so investors should be prepared for a cash-flow pattern that relies heavily on summer months to generate the bulk of annual returns.

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

The average daily rate in Caroga Lake is $297, which is below the New York state average of $381. For the dominant property type — 3-bedroom homes — the ADR is $191. The market-wide average is influenced by the mix of listings and seasonal rate adjustments, with premium pricing achievable during peak summer months.

Are short-term rentals legal in Caroga Lake?

Short-term rentals currently operate in Caroga Lake, but investors should verify local permit requirements with the Town of Caroga and Fulton County before purchasing a property. Regulations can vary and may include zoning restrictions, occupancy limits, or registration requirements. It's always advisable to consult local authorities and review any applicable HOA or lake-association rules.

When is peak season for Airbnb in Caroga Lake?

Peak season in Caroga Lake runs from late June through August, with August being the highest-earning month at an average of $5,602 in revenue and July close behind at $4,782. September and October also perform respectably with averages around $2,400–$2,600, likely driven by fall foliage interest. The off-peak period spans November through April, when monthly revenues typically range from about $1,050 to $1,950.

How many Airbnbs are there in Caroga Lake?

As of April 2026, there are 12 active Airbnb listings in Caroga Lake. This is a very small market by listing count, which means less competition for bookings but also limited comparable data. Year-over-year listing growth of 117% suggests growing investor interest in the area.

How is Airbnb revenue calculated in Caroga Lake?

The annual and monthly revenue figures shown for Caroga Lake 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 aggregate the remaining data into a market-level historical average. This approach anchors 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 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 Caroga Lake market
• Average daily rate, occupancy, and revenue per available night metrics across property sizes
• Monthly and annual revenue trends based on trailing 12-month historical booking data
• Home value estimates sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across 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. With only 12 active listings, market averages may shift significantly as new properties enter or exit the market. Local regulations, HOA rules, and tax obligations should be independently verified before making an investment decision.