Richfield Springs, NY Airbnb Market Data, Statistics, and Occupancy Rates

Richfield Springs Short-Term Rental Market Overview

Richfield Springs, NY earns an ROI score of 83 out of 100, placing it in standout territory for short-term rental investors. With an above-average revenue-to-price ratio and average home values around $358,974, this small lakeside market delivers compelling returns relative to acquisition costs. The market's 17 active listings and strong summer seasonality—driven by lake access and waterfront appeal—suggest a niche opportunity that rewards investors who optimize for peak-season demand.

Key Market Statistics

According to Rabbu market data, the Richfield Springs 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 Richfield Springs

Richfield Springs appeals to investors seeking high revenue relative to low property acquisition costs in a seasonal, lake-destination market with limited competition.

Expert Market Assessment

"This is a market with clear seasonal concentration—July revenue of $10,455 per listing dwarfs the January figure of $1,050, creating roughly a 10:1 peak-to-trough spread. That seasonality is the defining characteristic here, and investors who structure pricing and availability around the June–August window can capture the bulk of annual income in just three months. The small supply base of 17 listings and strong amenity profiles (lake access, BBQ grills, outdoor spaces) reinforce a vacation-rental identity that keeps nightly rates competitive at $264 despite modest annualized occupancy."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Richfield Springs

Average revenue by month in Richfield Springs

Richfield Springs exhibits extreme seasonality, with July topping out at $10,455 in average revenue—roughly ten times the January low of $1,050. The June–August corridor generates the bulk of annual income, while November through March represents a prolonged off-season where monthly revenues hover between $1,050 and $1,965.

Active Airbnb listings by property size in Richfield Springs

The market's 17 listings are split between 2-bedroom (5 listings) and 3-bedroom (9 listings) properties, with 3-bedrooms dominating supply. The absence of 1-bedroom or 4+ bedroom listings could signal either limited demand for those configurations or a potential gap worth exploring for differentiated investors.

Average daily rate (ADR) by property size in Richfield Springs

ADR scales modestly from $256 for 2-bedroom properties to $273 for 3-bedrooms—a premium of just $17 per night. Given that the additional bedroom drives significantly higher occupancy and revenue, the cost-to-premium trade-off strongly favors 3-bedroom configurations in this market.

Average RevPAN by property size in Richfield Springs

Three-bedroom properties deliver a RevPAN of $82, nearly triple the $30 RevPAN of 2-bedroom units. This dramatic gap reflects both the higher nightly rate and substantially better occupancy that larger properties achieve, making 3-bedrooms the clear revenue-per-night winner.

Average occupancy rates by property size in Richfield Springs

Occupancy diverges sharply by size: 3-bedroom listings average 30% occupancy while 2-bedroom units manage only 12%. For investors focused on cash-flow consistency, the 3-bedroom segment offers meaningfully more booked nights throughout the year.

Average monthly revenue by property size in Richfield Springs

Three-bedroom properties earn an average of $4,591 per month—more than double the $2,255 that 2-bedroom units generate. This gap underscores the importance of property configuration choices in a small, seasonally driven market like Richfield Springs.

Average annual revenue by property size in Richfield Springs

At $55,103 in average annual revenue, 3-bedroom properties offer the strongest return potential in Richfield Springs, compared to $27,067 for 2-bedroom units. Against average home values of roughly $359K, a 3-bedroom listing's annual revenue represents a compelling gross yield for investors.

Most common amenities for Airbnb listings in Richfield Springs

Kitchens (100%), BBQ grills (94%), and parking (94%) are near-universal, reflecting a market oriented toward self-sufficient vacation stays. Lake access (59%) and waterfront proximity (53%) appear in over half of listings, signaling that water-oriented amenities are a significant draw and likely a competitive differentiator for higher-performing properties.

Understanding Richfield Springs's ROI Score: 83/100

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

An ROI score of 83 out of 100 places Richfield Springs in the "Standout Opportunity" band, driven primarily by an above-average revenue-to-price ratio—the most heavily weighted factor at 40%. Occupancy stability, market growth, and supply/demand balance all register as average, which reflects the seasonal nature of this lake market and recent listing growth. Investors should pair these metrics with local regulatory research and a clear seasonal pricing strategy to maximize returns.

Short-Term Rental Regulations in Richfield Springs

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

Permit Requirements

Investors considering Richfield Springs should verify whether the Village of Richfield Springs or Otsego County requires a short-term rental permit or registration before listing a property. New York State does not impose a statewide STR permit, so requirements vary by locality—checking with the local code enforcement office or town clerk is strongly recommended.

Key Restrictions

Common restrictions in small New York communities can include occupancy limits, minimum-stay requirements, noise ordinances, and parking mandates. HOA or deed restrictions may also apply to certain properties, so reviewing covenants before purchasing is essential. Some municipalities have begun considering permit caps or seasonal restrictions as STR supply grows.

Tax Obligations

Short-term rental operators in New York are typically subject to state and local sales taxes, and certain jurisdictions impose an occupancy or hotel tax. Platforms like Airbnb often collect and remit state-level taxes on behalf of hosts, but investors should confirm whether any additional local tax obligations apply in Richfield Springs.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Richfield Springs is expected to maintain its pronounced summer peak, with July and August likely continuing to drive the lion's share of annual revenue. Given 59% year-over-year listing growth, some compression in occupancy or ADR is possible as supply catches up, though the market's small size and lake-driven demand should help absorb new inventory. Investors can reasonably anticipate ADR holding steady in the $255–$280 range and occupancy tracking around 20–25% on an annualized basis, with substantially higher fill rates during the June–August corridor."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Richfield Springs, NY

What is the average Airbnb occupancy rate in Richfield Springs?

The average occupancy rate for Airbnb listings in Richfield Springs is currently 21%, which sits below the New York state average of 40%. This reflects the market's highly seasonal nature—occupancy surges during summer months when lake tourism peaks and drops significantly in winter. Three-bedroom properties fare better at 30% average occupancy compared to 12% for two-bedroom units.

How much do Airbnb hosts make in Richfield Springs?

On average, Airbnb hosts in Richfield Springs earn approximately $3,877 per month or $46,533 per year based on trailing 12-month data. Three-bedroom properties significantly outperform two-bedroom units, generating around $55,103 annually versus $27,067. Revenue is heavily weighted toward summer, with July alone averaging $10,455 per listing.

Is Richfield Springs a good market for Airbnb investment?

Richfield Springs scores 83 out of 100 on Rabbu's ROI Score, indicating standout short-term rental potential. The market benefits from an above-average revenue-to-price ratio thanks to relatively affordable home values near $359K paired with strong summer earning potential. The main consideration is seasonality—investors should be comfortable with a business model where most income is concentrated in the June through August peak.

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

The average daily rate in Richfield Springs is $264, which is below the New York state average of $381. Three-bedroom properties command slightly higher rates at $273 per night compared to $256 for two-bedroom listings. The lower ADR relative to the state average is offset by significantly lower property acquisition costs, contributing to the market's favorable revenue-to-price ratio.

Are short-term rentals legal in Richfield Springs?

Short-term rental regulations vary by locality in New York State. Investors should verify permit requirements, zoning restrictions, and any registration obligations with the Village of Richfield Springs or Otsego County before listing a property. It's also wise to review any HOA or deed restrictions that may apply to a specific property.

When is peak season for Airbnb in Richfield Springs?

Peak season runs from June through August, with July being the strongest month at an average revenue of $10,455 per listing. August follows closely at $8,282, and June brings in $7,738. These three months account for the vast majority of annual revenue, while winter months like January ($1,050) and December ($1,353) represent the slowest periods.

How many Airbnbs are there in Richfield Springs?

As of April 2026, there are 17 active Airbnb listings in Richfield Springs. The supply is concentrated in two- and three-bedroom properties, with 9 three-bedroom and 5 two-bedroom listings making up the market. Year-over-year listing growth has been notable at 59%, so investors should monitor whether new supply affects occupancy and rates.

How is Airbnb revenue calculated in Richfield Springs?

The annual and monthly revenue figures shown for Richfield Springs are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market—not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, drop regional outliers, and roll the remainder up to a market-level historical average. This approach anchors figures to what hosts have actually earned recently rather than forecasts, while naturally reflecting seasonal peaks and slower months because 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 Richfield Springs and surrounding areas
• Average daily rate, occupancy, and RevPAN trends by property size
• Monthly and annual revenue estimates based on trailing 12-month booking performance
• Property value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings in the market

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. Local regulations and tax obligations can change; investors should verify current rules with municipal authorities before purchasing. Individual property results will vary based on location, condition, pricing strategy, and management quality.