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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Monticello offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Monticello, NY stands out as a compelling short-term rental market thanks to a favorable revenue-to-price ratio and strong summer demand driven by the Catskills region's appeal as a getaway destination. With an average annual revenue of $42,963 against average home values of $414,811, investors can find an accessible entry point relative to many New York State markets. The market's 85% year-over-year growth in active listings signals rising investor interest, while the $391 average daily rate slightly outpaces the state average of $381.
According to Rabbu market data, the Monticello short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 62 |
| Average Daily Rate (ADR) | vs. $381 state avg. | $391 |
| Average Occupancy Rate | vs. 40% state avg. | 26% |
| RevPAN | ADR * Occupancy Rate | $101 |
| Average Monthly Revenue | Historical 12-month average | $3,580 |
| Average Annual Revenue | Historical 12-month average | $42,963 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Monticello's combination of an above-average revenue-to-price ratio, proximity to the Catskills' outdoor recreation scene, and a still-small supply base makes it an intriguing option for investors seeking yield outside major metro markets.
Key investment factors
"Monticello presents an attractive opportunity for STR investors willing to navigate pronounced seasonality. August leads the market at $7,076 in average monthly revenue — more than triple the winter trough of $1,896 in March — so cash-flow planning around these swings is essential. The ROI score of 74 out of 100 reflects genuine upside anchored by above-average revenue-to-price dynamics and market growth, tempered by below-average occupancy stability and a supply-demand balance that warrants attention. Investors who target larger properties and optimize for summer peaks and shoulder-season bookings are best positioned to capture the strongest returns."
— Rabbu Market Analysis Team
Revenue in Monticello follows a sharp seasonal curve, peaking in August at $7,076 and bottoming out in March at $1,896 — a spread of over $5,000. This dramatic swing underscores the importance of summer tourism to the market and means investors need to budget for lean winter months while capitalizing aggressively on the June–October window.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$2,131 |
| February |
|
$2,461 |
| March |
|
$1,896 |
| April |
|
$2,209 |
| May |
|
$3,281 |
| June |
|
$3,690 |
| July |
|
$6,419 |
| August |
|
$7,076 |
| September |
|
$3,824 |
| October |
|
$3,844 |
| November |
|
$3,059 |
| December |
|
$3,069 |
Three-bedroom properties dominate Monticello's supply with 20 active listings, followed by 2-bedrooms at 15 and 1-bedrooms at 9. Notably, there are no 4-bedroom listings in the data, which could represent an underserved niche, while 5-bedroom and 6+ bedroom properties each have 7 listings despite commanding significantly higher revenue.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
9 |
| 2 bedrooms |
|
15 |
| 3 bedrooms |
|
20 |
| 5 bedrooms |
|
7 |
| 6+ bedrooms |
|
7 |
ADR scales steeply with property size in Monticello — from $221/night for 2-bedrooms up to $984/night for 6+ bedroom properties. The jump from 3-bedroom ($319) to 5-bedroom ($513) is particularly notable, suggesting that investors in larger group-oriented homes can capture substantial per-night premiums that help offset lower occupancy rates.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$260 |
| 2 bedrooms |
|
$221 |
| 3 bedrooms |
|
$319 |
| 5 bedrooms |
|
$513 |
| 6+ bedrooms |
|
$984 |
Five-bedroom and 6+ bedroom listings lead RevPAN at $140 each, well above the 3-bedroom figure of $58 despite their lower occupancy rates, because their commanding nightly rates more than compensate. Two-bedroom properties deliver a solid $86 RevPAN thanks to the highest occupancy in the market at 39%, making them an efficient middle-ground option.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$80 |
| 2 bedrooms |
|
$86 |
| 3 bedrooms |
|
$58 |
| 5 bedrooms |
|
$140 |
| 6+ bedrooms |
|
$140 |
Two-bedroom listings achieve the highest occupancy at 39%, followed by 1-bedrooms at 31%, while larger properties fill far fewer nights — 3-bedrooms at 18% and 6+ bedrooms at just 14%. For investors prioritizing cash-flow consistency over peak-night revenue, smaller properties offer more predictable booking patterns in this market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
31% |
| 2 bedrooms |
|
39% |
| 3 bedrooms |
|
18% |
| 5 bedrooms |
|
27% |
| 6+ bedrooms |
|
14% |
Monthly revenue climbs steadily with size, from $2,458 for 2-bedrooms to $6,491 for 6+ bedroom properties. Interestingly, 1-bedroom listings outperform 2-bedrooms at $3,247/month, suggesting that well-positioned studios and small units can punch above their weight in Monticello's market.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$3,247 |
| 2 bedrooms |
|
$2,458 |
| 3 bedrooms |
|
$3,611 |
| 5 bedrooms |
|
$6,010 |
| 6+ bedrooms |
|
$6,491 |
Annual revenue ranges from $29,507 for 2-bedroom properties up to $77,897 for 6+ bedroom homes, with 5-bedrooms close behind at $72,121. Investors targeting the highest gross revenue should focus on 5+ bedroom configurations, though acquisition and operating costs for larger properties will factor significantly into net returns.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$38,970 |
| 2 bedrooms |
|
$29,507 |
| 3 bedrooms |
|
$43,331 |
| 5 bedrooms |
|
$72,121 |
| 6+ bedrooms |
|
$77,897 |
Parking is universal (100%) and kitchens nearly so (95%), reflecting the rural, car-dependent nature of the Catskills market and the expectation of self-catering stays. Outdoor amenities are heavily represented — BBQ grills (87%), outdoor furniture (81%), backyards (76%), and lake access (45%) — signaling that guests are primarily seeking nature-oriented retreat experiences, and investors should prioritize outdoor living spaces and waterfront proximity where possible.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
100% |
| Kitchen |
|
95% |
| Self Check-in |
|
87% |
| BBQ Grill |
|
87% |
| Outdoor Furniture |
|
81% |
| Patio or Balcony |
|
77% |
| Backyard |
|
76% |
| Washer |
|
68% |
| Dryer |
|
65% |
| Pets |
|
63% |
| Workspace |
|
60% |
| Lake Access |
|
45% |
| Hot Tub |
|
39% |
| Waterfront |
|
31% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Monticello Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Above average | 40% |
| Occupancy Stability | Below average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Below average | 15% |
Monticello's ROI score of 74 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio and positive market growth trends — meaning the income potential relative to what you'll pay for a property here is stronger than in many comparable markets. The score is tempered by below-average occupancy stability and supply/demand balance, reflecting the sharp seasonality and rapid listing growth that characterize this Catskills market. Investors should pair this score with local regulatory research and a realistic cash-flow model that accounts for winter softness to fully evaluate the opportunity.
Understanding local STR regulations is essential before investing in Monticello. Here's the current regulatory landscape:
Short-term rental operators in Monticello, NY may be required to obtain permits or register with local authorities in Sullivan County or the Village of Monticello. Investors should verify current STR permit and registration requirements directly with the municipality before listing a property.
Common restrictions that may apply to short-term rentals in this area include occupancy limits, minimum-stay requirements, noise ordinances, and parking regulations. HOA covenants can also impose additional limitations, and some jurisdictions cap the number of active STR permits, so it's important to confirm any such constraints before purchasing.
Short-term rental hosts in New York are generally subject to state and local occupancy taxes, as well as applicable sales taxes. Platforms like Airbnb often collect and remit a portion of these taxes on behalf of hosts, but operators should confirm their full tax obligations with a local tax professional.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Monticello can provide current regulatory guidance.
Financing an Airbnb investment in Monticello requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Monticello's STR market is expected to continue benefiting from above-average growth trends and healthy revenue relative to property costs. Summer months should remain the primary revenue engine, with July and August likely generating ADRs in a similar range to current levels — investors can reasonably anticipate continued seasonal peaks in the $6,000–$7,000 monthly revenue range during those months. Occupancy stability currently sits below average at 26%, so modest improvements of 2–4 percentage points are possible as the market matures and hosts optimize pricing strategies through off-peak months. The rapid expansion of supply (85% listing growth year-over-year) is worth monitoring, as it could put downward pressure on occupancy if demand doesn't keep pace."
— 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 Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations may change; investors should verify current rules with municipal authorities before purchasing. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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