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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Saratoga Springs offers attractive short-term rental potential, with a balance of healthy demand and revenue relative to property values.
Saratoga Springs stands out as a highly seasonal short-term rental market where summer months — particularly July and August — drive outsized revenue thanks to the city's famous horse racing season, performing arts venues, and mineral spring tourism. With 265 active Airbnb listings, an average daily rate of $509 (well above the $381 New York state average), and average annual revenue of $58,569, the market offers attractive earning potential despite a modest 22% average occupancy rate. Investors who can weather quieter winter months will find that the summer surge meaningfully boosts annual returns, especially for larger properties that command premium nightly rates.
According to Rabbu market data, the Saratoga Springs short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 265 |
| Average Daily Rate (ADR) | vs. $381 state avg. | $509 |
| Average Occupancy Rate | vs. 40% state avg. | 22% |
| RevPAN | ADR * Occupancy Rate | $110 |
| Average Monthly Revenue | Historical 12-month average | $4,880 |
| Average Annual Revenue | Historical 12-month average | $58,569 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Saratoga Springs appeals to investors because its event-driven summer demand creates premium nightly rates that offset a compressed high-season window.
Key investment factors
"Saratoga Springs presents an attractive but decidedly seasonal investment opportunity. Revenue swings dramatically from a low of roughly $1,420 in January to a peak of $16,019 in August — a spread that underscores how dependent the market is on its summer season. The ROI score of 62 out of 100 reflects average revenue-to-price and occupancy fundamentals balanced by above-average growth momentum, making this a market where careful property selection and strong operational execution during peak months can meaningfully tip returns in an investor's favor. Larger homes with outdoor amenities are best positioned to capture the premium-rate summer demand that defines Saratoga Springs."
— Rabbu Market Analysis Team
Saratoga Springs exhibits dramatic seasonality, with August ($16,019) and July ($12,506) generating roughly 10–11x the revenue of the slowest month, January ($1,420). Investors should expect the summer racing and events season to deliver the bulk of annual income, with a long off-season stretching from October through April where monthly revenue stays below $3,500.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$1,420 |
| February |
|
$1,807 |
| March |
|
$1,691 |
| April |
|
$2,268 |
| May |
|
$4,326 |
| June |
|
$6,084 |
| July |
|
$12,506 |
| August |
|
$16,019 |
| September |
|
$4,430 |
| October |
|
$3,473 |
| November |
|
$2,281 |
| December |
|
$2,258 |
Supply is distributed relatively evenly across 1- to 4-bedroom sizes, with 3-bedroom listings leading at 69 and 4-bedrooms close behind at 58. The 5-bedroom (23 listings) and 6+ bedroom (7 listings) segments are notably thin, which may signal an opportunity for investors willing to offer larger group-friendly accommodations.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
54 |
| 2 bedrooms |
|
50 |
| 3 bedrooms |
|
69 |
| 4 bedrooms |
|
58 |
| 5 bedrooms |
|
23 |
| 6+ bedrooms |
|
7 |
ADR climbs steeply with property size, from $178 for 1-bedroom units all the way to $1,580 for 6+ bedroom homes — nearly a 9x premium. The jump from 2-bedroom ($241) to 3-bedroom ($470) represents the sharpest single step, suggesting that the 3-bedroom tier may offer the best balance of rate premium relative to incremental acquisition cost.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$178 |
| 2 bedrooms |
|
$241 |
| 3 bedrooms |
|
$470 |
| 4 bedrooms |
|
$776 |
| 5 bedrooms |
|
$1,040 |
| 6+ bedrooms |
|
$1,580 |
Revenue per available night scales dramatically with size, ranging from $43 for 1-bedroom listings to $383 for 6+ bedroom properties. Four- and 5-bedroom units deliver strong RevPAN of $148 and $202 respectively, making them compelling mid-to-upper-tier options for investors seeking revenue efficiency without the complexity of managing the largest homes.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$43 |
| 2 bedrooms |
|
$64 |
| 3 bedrooms |
|
$86 |
| 4 bedrooms |
|
$148 |
| 5 bedrooms |
|
$202 |
| 6+ bedrooms |
|
$383 |
Occupancy rates remain fairly compressed across all property sizes, ranging from 18% for 3-bedrooms to 27% for 2-bedrooms. The tight spread suggests that the seasonal demand pattern affects all property types similarly, and no single size category offers a clear advantage in maintaining year-round bookings.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
24% |
| 2 bedrooms |
|
27% |
| 3 bedrooms |
|
18% |
| 4 bedrooms |
|
19% |
| 5 bedrooms |
|
19% |
| 6+ bedrooms |
|
24% |
Monthly revenue rises steadily with property size, from $3,025 for 1-bedroom units to $23,227 for 6+ bedroom homes. The most dramatic jump occurs between 5-bedroom ($8,237) and 6+ bedroom ($23,227) properties, driven by premium nightly rates that compensate for the market's moderate occupancy levels.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$3,025 |
| 2 bedrooms |
|
$3,521 |
| 3 bedrooms |
|
$5,180 |
| 4 bedrooms |
|
$6,565 |
| 5 bedrooms |
|
$8,237 |
| 6+ bedrooms |
|
$23,227 |
Annual revenue ranges from $36,306 for 1-bedroom properties to $278,735 for 6+ bedroom homes, with 4- and 5-bedroom configurations earning $78,791 and $98,853 respectively. Given average home values of $984,850, investors targeting the 4- to 5-bedroom segment may find the most favorable revenue-to-acquisition-cost ratio.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$36,306 |
| 2 bedrooms |
|
$42,257 |
| 3 bedrooms |
|
$62,169 |
| 4 bedrooms |
|
$78,791 |
| 5 bedrooms |
|
$98,853 |
| 6+ bedrooms |
|
$278,735 |
Parking (97%) and a full kitchen (96%) are near-universal, reflecting the car-dependent, family-and-group-oriented nature of Saratoga Springs visitors. Outdoor amenities are also heavily represented — patios (72%), backyards (71%), and BBQ grills (56%) signal that guests expect private outdoor space, while luxury differentiators like pools (14%) and hot tubs (12%) remain uncommon enough to serve as competitive advantages.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
97% |
| Kitchen |
|
96% |
| Washer |
|
80% |
| Dryer |
|
80% |
| Self Check-in |
|
76% |
| Patio or Balcony |
|
72% |
| Backyard |
|
71% |
| Outdoor Furniture |
|
67% |
| BBQ Grill |
|
56% |
| Workspace |
|
54% |
| Pets |
|
31% |
| Pool |
|
14% |
| Hot Tub |
|
12% |
| Lake Access |
|
11% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Saratoga Springs Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Above average | 15% |
| Supply/Demand Balance | Average | 15% |
Saratoga Springs earns an ROI score of 62 out of 100, placing it in the Attractive Opportunity tier. The score reflects average revenue-to-price and occupancy stability fundamentals, balanced by an above-average market growth trend that signals strengthening demand. Investors should pair this data with thorough local regulatory research and a cash-flow plan that accounts for the market's pronounced off-season before committing capital.
Understanding local STR regulations is essential before investing in Saratoga Springs. Here's the current regulatory landscape:
Short-term rental operators in Saratoga Springs, New York may be required to obtain local permits or register their property with city authorities before listing. Investors should verify current requirements directly with the City of Saratoga Springs and Saratoga County, as regulations can evolve.
Common restrictions in New York STR markets can include occupancy limits, minimum-stay requirements, noise and nuisance ordinances, parking mandates, and caps on the number of permits issued. HOA rules and condominium bylaws may impose additional limitations, so reviewing governing documents before purchasing is essential.
Hosts in New York are generally subject to state and local sales taxes as well as occupancy or hotel taxes on short-term rental income. Platforms like Airbnb often collect and remit some of these taxes automatically, but operators should confirm their full obligation with a tax professional familiar with New York state requirements.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Saratoga Springs can provide current regulatory guidance.
Financing an Airbnb investment in Saratoga Springs requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Saratoga Springs is expected to maintain its pronounced summer peak, with July and August likely to continue anchoring the lion's share of annual income. The market's above-average growth trend suggests listing activity and demand are trending in a healthy direction, and ADR could see incremental gains of 2–4% as hosts optimize pricing around peak events. Occupancy may stay in the 20–25% range on an annualized basis given the market's sharp seasonality, but RevPAN during peak months should remain strong enough to sustain attractive full-year returns. Investors should plan cash reserves for the slower January-through-April stretch and factor seasonal variability into their underwriting."
— 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. Data reflects trailing 12-month historical performance and market conditions as of April 2026; future results may differ. Local regulations, tax requirements, and permitting rules are subject to change — investors should verify current rules with the City of Saratoga Springs and appropriate New York state agencies.
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