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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Monroe offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Monroe, NY stands out as a small but intriguing short-term rental market where a high average daily rate of $544 — well above the $381 state average — compensates for a relatively modest listing base of just 24 active properties. With average annual revenue reaching $58,549 and an above-average revenue-to-price ratio against home values of roughly $713K, the market offers a compelling yield profile for investors willing to navigate its seasonal dynamics. The 128% year-over-year growth in active listings signals rising investor interest, though the market remains undersupplied enough to reward early movers.
According to Rabbu market data, the Monroe short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 24 |
| Average Daily Rate (ADR) | vs. $381 state avg. | $544 |
| Average Occupancy Rate | vs. 40% state avg. | 24% |
| RevPAN | ADR * Occupancy Rate | $128 |
| Average Monthly Revenue | Historical 12-month average | $4,879 |
| Average Annual Revenue | Historical 12-month average | $58,549 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.
Monroe's combination of premium nightly rates, favorable revenue-to-home-value ratios, and a still-small competitive landscape makes it worth serious consideration for STR investors targeting the lower Hudson Valley region.
Key investment factors
"Monroe presents an attractive but seasonally dependent opportunity. The summer peak is pronounced — August revenue of $8,300 is more than three times January's $2,590 — so investors need to plan cash flow around a roughly five-month high season from May through October. The above-average revenue-to-price ratio and favorable supply/demand balance help offset the below-average occupancy stability, making this a market where disciplined pricing and operational management can meaningfully boost returns. For investors comfortable with seasonal swings and a smaller market footprint, Monroe delivers a yield profile that many larger New York markets struggle to match."
— Rabbu Market Analysis Team
Monroe exhibits strong seasonality with August ($8,300) and July ($7,393) as clear peak months, while January ($2,590) marks the low point — a spread of more than $5,700. The five-month stretch from May through September consistently exceeds $5,000 in monthly revenue, giving investors a well-defined high season to maximize returns.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,590 |
| February |
|
$2,940 |
| March |
|
$2,850 |
| April |
|
$3,338 |
| May |
|
$5,044 |
| June |
|
$5,515 |
| July |
|
$7,393 |
| August |
|
$8,300 |
| September |
|
$5,968 |
| October |
|
$6,188 |
| November |
|
$4,624 |
| December |
|
$3,794 |
The available data shows 3-bedroom properties account for 8 of the market's listings, and they represent the only size category with sufficient data for analysis. This concentration could signal an opportunity for investors considering alternative configurations — such as 2-bedroom or 4-bedroom units — to differentiate from existing supply.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
8 |
Three-bedroom properties in Monroe command an ADR of $495, which is already well above the state average for comparable markets. With the overall market ADR at $544, listings outside the 3-bedroom category may be achieving even higher nightly rates, though data is limited to this single size segment.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$495 |
Three-bedroom listings deliver a RevPAN of $153, reflecting the interplay of their $495 ADR and 31% occupancy rate. This translates to meaningful revenue generation per available night and suggests that even with moderate occupancy, the high nightly rates keep these properties productive.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$153 |
Three-bedroom properties maintain a 31% occupancy rate, which outperforms the market-wide average of 24% by seven percentage points. This indicates that the 3-bedroom format captures a larger share of available demand, likely due to its appeal to families and small groups visiting the area.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
31% |
At $4,614 per month, 3-bedroom properties generate steady revenue that closely tracks the overall market average of $4,879. This consistency makes the 3-bedroom configuration a reliable baseline for underwriting a Monroe STR investment.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$4,614 |
Three-bedroom listings produce approximately $55,378 in annual revenue, representing roughly an 8% yield on the market's average home value of $712,933. For investors targeting properties in this size range, the revenue-to-price dynamic supports the market's above-average ROI score.
| Size | Trend | Value |
|---|---|---|
| 3 bedrooms |
|
$55,378 |
Every listing in Monroe offers a kitchen, while parking (96%), washer/dryer (92%), and backyard access (88%) are near-universal — signaling that guests expect a full home-away-from-home experience. Notable differentiators include lake access (42%), waterfront location (33%), and hot tubs (25%), which likely command premium pricing and could help newer listings stand out.
| Amenity | Trend | Value |
|---|---|---|
| Kitchen |
|
100% |
| Parking |
|
96% |
| Washer |
|
92% |
| Dryer |
|
92% |
| Backyard |
|
88% |
| Self Check-in |
|
83% |
| Outdoor Furniture |
|
79% |
| BBQ Grill |
|
79% |
| Patio or Balcony |
|
75% |
| Workspace |
|
75% |
| Pets |
|
58% |
| Lake Access |
|
42% |
| Waterfront |
|
33% |
| Hot Tub |
|
25% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Monroe Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Above average | 15% |
Monroe's ROI score of 66 out of 100 places it in the 'Attractive Opportunity' band, driven primarily by an above-average revenue-to-price ratio and a favorable supply/demand balance that keeps competition manageable. The main drag on the score is below-average occupancy stability, a direct result of the market's pronounced seasonality between summer peaks and winter lows. Investors should pair these metrics with thorough local regulatory research and a conservative cash-flow model that accounts for off-season softness.
Understanding local STR regulations is essential before investing in Monroe. Here's the current regulatory landscape:
Short-term rental operators in Monroe, NY should verify whether a permit or registration is required through the Town of Monroe and Orange County authorities, as New York municipalities increasingly regulate STR activity. Checking with the local building and zoning department before purchasing is strongly advised.
Common restrictions that may apply in Monroe and similar New York communities include occupancy limits, minimum stay requirements, noise ordinances, parking mandates, and potential caps on the number of STR permits issued. HOA and community association rules can also impose additional limitations that supersede local ordinances, so investors should review any applicable covenants.
Short-term rental hosts in New York are generally subject to state and local occupancy taxes, and platforms like Airbnb often collect and remit a portion of these on the host's behalf. Investors should confirm their full tax obligations — including any Orange County-specific lodging taxes — with a qualified tax professional.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Monroe can provide current regulatory guidance.
Financing an Airbnb investment in Monroe requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Monroe's STR market is expected to continue drawing investor attention given its favorable revenue-to-price dynamics and limited existing supply. Seasonal patterns suggest summer months (July–August) will remain the primary revenue drivers, with ADRs likely holding in the $520–$560 range during peak periods. Occupancy — currently at 24% overall — may see incremental improvement as the supply base matures and hosts optimize pricing, though investors should budget conservatively for winter months when revenue can dip below $3,000. With market growth trending at an average pace, expect steady rather than explosive gains."
— Rabbu Market Analysis Team
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.
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 recent regulatory or market changes. Individual property results will vary based on location, condition, pricing strategy, and management quality.
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