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

Ovid Short-Term Rental Market Overview

Ovid, NY sits in the heart of the Finger Lakes — a region known for wineries, lakeside recreation, and seasonal tourism that drives strong summer demand for short-term rentals. With just 19 active Airbnb listings and an average annual revenue of $55,291, the market offers a favorable revenue-to-price ratio against average home values of $438,418. The small supply base and pronounced seasonality create a landscape where well-positioned properties can capture outsized returns during peak months.

Key Market Statistics

According to Rabbu market data, the Ovid 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 Ovid

Ovid's combination of an above-average revenue-to-price ratio, stable occupancy patterns, and a small competitive set makes it a compelling option for investors seeking seasonal Finger Lakes exposure.

Expert Market Assessment

"Ovid earns an ROI score of 74 out of 100, placing it in the "Attractive Opportunity" band — driven largely by its above-average revenue-to-price ratio and occupancy stability. The market's seasonality is its defining characteristic: July and August each deliver roughly $9,800 in average revenue, while January and February hover near $1,300, creating a roughly 7.5× peak-to-trough spread. For investors comfortable with a pronounced seasonal cash-flow curve and willing to optimize pricing during shoulder months, Ovid offers meaningful upside relative to its entry cost. The compact supply of just 19 listings also means new entrants can differentiate without facing a saturated field."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Ovid

Average revenue by month in Ovid

Ovid's revenue curve is sharply seasonal: July ($9,839) and August ($9,832) are the clear peak months, generating roughly 7.5× the revenue of the slowest month, January ($1,286). The summer-heavy earnings profile means investors should budget for lean winter months and capitalize on a lucrative May-through-October window that accounts for the vast majority of annual income.

Active Airbnb listings by property size in Ovid

The only property size with sufficient data is three-bedroom listings, which account for 5 of the 19 active listings. The limited breakdown suggests the market is dominated by a narrow range of property types, and investors exploring different configurations — particularly larger lakefront homes — may find underserved niches.

Average daily rate (ADR) by property size in Ovid

Three-bedroom properties command an ADR of $194, well below the overall market average of $320, indicating that larger or more premium listings in Ovid drive the market-wide rate significantly higher. Investors targeting three-bedroom homes should price competitively while recognizing that distinctive properties with lake access or upgraded finishes may capture rates closer to the market average.

Average RevPAN by property size in Ovid

Three-bedroom listings deliver a RevPAN of $26, reflecting a combination of the lower ADR ($194) and modest 13% occupancy. This figure suggests that while the overall market RevPAN of $82 is healthy, three-bedroom properties specifically may need occupancy improvements or pricing adjustments to maximize per-night revenue.

Average occupancy rates by property size in Ovid

Three-bedroom properties show a 13% occupancy rate, notably lower than the market-wide 26% average. This gap signals that larger or more unique property types in Ovid are likely achieving significantly higher occupancy, and three-bedroom operators may benefit from enhanced amenities or more aggressive marketing to improve fill rates.

Average monthly revenue by property size in Ovid

Three-bedroom listings average $3,154 per month, approximately $1,450 less than the market-wide average of $4,607. This suggests that premium or larger properties in Ovid are pulling the market average up considerably, and three-bedroom investors should view this figure as a baseline with room for upside through strategic improvements.

Average annual revenue by property size in Ovid

At $37,850 per year, three-bedroom properties earn roughly 68% of the overall market average of $55,291. For an investor focused on three-bedroom homes near the $438K average home value, this yield points to a longer payback period — though properties with lakefront access or premium amenities could outperform this baseline substantially.

Most common amenities for Airbnb listings in Ovid

Kitchens (100%), parking (95%), BBQ grills (84%), and outdoor furniture (84%) are near-universal, reflecting guest expectations for self-sufficient, outdoor-oriented stays in the Finger Lakes. Lake access (47%) and waterfront location (26%) stand out as differentiators rather than baseline features, suggesting that properties offering direct water access can command meaningful premiums over competitors.

Understanding Ovid's ROI Score: 74/100

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

Ovid's ROI score of 74 out of 100 places it in the "Attractive Opportunity" band, anchored by an above-average revenue-to-price ratio and stable occupancy patterns that give investors confidence in recurring demand. The below-average market growth trend tempers the outlook slightly, but the balanced supply/demand dynamics and small competitive set work in favor of current and incoming hosts. Pairing this score with thorough local regulatory research and seasonal cash-flow planning will give investors the clearest picture of what this Finger Lakes market can deliver.

Short-Term Rental Regulations in Ovid

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

Permit Requirements

Short-term rental operators in Ovid, NY, may be required to obtain permits or register with local authorities in Seneca County. Investors should verify current requirements directly with the Town of Ovid and the New York State Department of State before listing a property.

Key Restrictions

Common restrictions in similar New York communities include occupancy limits, minimum stay requirements, noise ordinances, and parking provisions. HOA or deed restrictions may also apply, and some municipalities impose caps on the number of STR permits issued — all factors worth confirming with local officials.

Tax Obligations

Hosts in New York are generally subject to state and local sales tax as well as occupancy or lodging taxes. Platforms like Airbnb often collect and remit a portion of these taxes on behalf of hosts, but operators should confirm their full obligations with a tax professional.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Ovid's peak summer revenue — which topped $9,800 per listing in July and August — is expected to remain the primary earnings driver, with modest ADR increases of 1–3% possible as Finger Lakes tourism continues to draw visitors. Occupancy during shoulder months like May and October may edge up slightly as wine-trail and fall-foliage demand broadens. However, the market's below-average growth trend suggests listing supply could stabilize rather than expand rapidly, which should help existing hosts maintain pricing power. Investors should plan conservatively for winter months, where revenue dips below $1,700, and build reserves accordingly."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Ovid, NY

What is the average Airbnb occupancy rate in Ovid?

The average Airbnb occupancy rate in Ovid is currently 26%, which falls below the New York state average of 40%. This reflects the market's strong seasonal character — demand concentrates heavily in the summer months, with quieter winters pulling the annual average down. Properties with competitive amenities and lake access tend to outperform the market average during peak season.

How much do Airbnb hosts make in Ovid?

On average, Airbnb hosts in Ovid earn approximately $4,607 per month and $55,291 per year based on trailing 12-month booking data. Revenue is heavily weighted toward summer, with July and August each generating close to $9,800, while winter months see earnings drop to around $1,300–$1,700. Individual results depend on property location, amenities, and pricing strategy.

Is Ovid a good market for Airbnb investment?

Ovid scores 74 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from an above-average revenue-to-price ratio — average annual revenue of $55,291 against home values around $438,418 — and stable occupancy patterns. The main consideration is pronounced seasonality; investors who plan for lean winter months and maximize summer pricing are best positioned to succeed here.

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

The average daily rate for Airbnb listings in Ovid is $320, which is below the New York state average of $381. For three-bedroom properties specifically — the most common listing size — the ADR is $194. The overall market ADR is influenced by larger or premium lakefront properties that command higher nightly rates during peak season.

Are short-term rentals legal in Ovid?

Short-term rentals are generally permitted in Ovid, NY, though operators may need to comply with local registration or permitting requirements. New York State also imposes sales and occupancy tax obligations on STR hosts. We recommend verifying current regulations with the Town of Ovid and consulting a local attorney or tax advisor before purchasing an investment property.

When is peak season for Airbnb in Ovid?

Peak season in Ovid runs from June through September, with July and August standing out as the strongest months — each averaging close to $9,800 in revenue per listing. October offers a solid shoulder season at around $5,337, likely boosted by fall foliage tourism. The slowest period is January through March, when monthly revenue drops below $1,700.

How many Airbnbs are there in Ovid?

There are currently 19 active Airbnb listings in Ovid as of April 2026. This is a notably small supply base, which means less direct competition for hosts and the potential for stronger pricing power during high-demand periods. Year-over-year listing growth has been significant at 209%, though from a very low starting point.

How is Airbnb revenue calculated in Ovid?

The annual and monthly revenue figures for Ovid are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the results 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 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 Ovid, NY market
• Average daily rate, occupancy, and RevPAN trends across property sizes
• Historical monthly and annual revenue metrics based on trailing 12-month booking data
• Popular amenity prevalence across active listings to benchmark guest expectations
• Home value data sourced from the Zillow Home Value Index (ZHVI) for investment analysis

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 averages and may not capture very recent market shifts. Local regulations, tax requirements, and permit rules can change — always verify with municipal authorities before investing.