Syracuse, IN Airbnb Market Data, Statistics, and Occupancy Rates

Syracuse Short-Term Rental Market Overview

Syracuse, IN, is a lakeside micro-market in northern Indiana where just 22 active Airbnb listings serve a highly seasonal vacation-rental audience. Average daily rates sit at $268—slightly below the $290 state average—while occupancy trails at 17% compared to 32% statewide, reflecting the concentrated summer demand that defines lake-destination investing. With average annual revenue of $27,678 and home values averaging $964,459, the revenue-to-price ratio is tight, making deal selection critical for anyone entering this market.

Key Market Statistics

According to Rabbu market data, the Syracuse 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 Syracuse

Syracuse attracts investor attention because of its lakefront appeal and the premium nightly rates larger properties can command during a concentrated summer season.

Expert Market Assessment

"Syracuse represents a competitive but narrowly seasonal opportunity, best suited to investors who can secure the right lakefront property at a favorable price. The summer months of June through August account for a disproportionate share of annual revenue—July alone averages $4,794—while winter months dip below $1,100, creating a cash-flow profile that demands careful planning. The 138% surge in active listings signals that the market is gaining attention, which could squeeze occupancy further unless visitor demand grows in tandem. Investors who target 4-bedroom properties, which lead the market with $93 RevPAN and $54,787 in annual revenue, stand the best chance of making the numbers work despite elevated home values."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Syracuse

Average revenue by month in Syracuse

Syracuse shows extreme seasonality: July leads at $4,794 in average revenue—nearly 5× the February low of $981—with a clear peak window from June through August that generates the lion's share of annual income. Shoulder months in May and September still deliver roughly $2,500, but the November-through-March stretch averages under $1,250, requiring investors to plan for lean winter cash flow.

Active Airbnb listings by property size in Syracuse

Supply is split almost evenly across 1-bedroom (6), 3-bedroom (7), and 4-bedroom (6) listings, with no 2-bedroom or 5+ bedroom properties currently active. The absence of 2-bedroom listings may represent a niche opportunity for investors looking to serve couples or small families at a more accessible price point than the larger lakefront homes.

Average daily rate (ADR) by property size in Syracuse

ADR roughly doubles from 1-bedroom listings at $144 to 3-bedrooms at $315, with 4-bedroom properties commanding a modest additional premium at $337. The jump from 1 to 3 bedrooms represents the steepest rate increase, suggesting that group-sized properties capture the bulk of the lake-vacation pricing premium.

Average RevPAN by property size in Syracuse

Four-bedroom properties dominate RevPAN at $93—more than double the $38 generated by 3-bedroom listings and over 3.5× the $26 for 1-bedrooms. This outsized gap indicates that larger homes not only command higher rates but also achieve materially better occupancy, making them the strongest revenue producers on a per-available-night basis.

Average occupancy rates by property size in Syracuse

Four-bedroom properties lead occupancy at 28%, significantly outpacing 1-bedrooms at 18% and 3-bedrooms at just 12%. The relatively weak occupancy for 3-bedroom units suggests either pricing friction or softer demand for that configuration, while 4-bedrooms clearly attract the most consistent bookings in this lake market.

Average monthly revenue by property size in Syracuse

Monthly revenue diverges sharply by size: 4-bedroom properties average $4,565 per month, more than 2.4× the $1,866 earned by 3-bedroom listings and nearly 3× the $1,618 from 1-bedrooms. For investors targeting meaningful monthly cash flow in Syracuse, the data strongly favors larger properties despite their higher acquisition cost.

Average annual revenue by property size in Syracuse

At $54,787 in average annual revenue, 4-bedroom properties nearly triple the $19,421 earned by 1-bedroom units and more than double the $22,403 from 3-bedroom listings. This substantial revenue advantage makes 4-bedroom homes the most compelling configuration for maximizing return potential, provided investors can source them at a price that supports positive cash flow against the market's elevated home values.

Most common amenities for Airbnb listings in Syracuse

Every active listing in Syracuse offers parking (100%), and kitchen access (91%) and self check-in (86%) are near-universal, reflecting baseline guest expectations. Lake access (68%), BBQ grills (77%), and outdoor furniture (68%) signal that lake-lifestyle amenities are table stakes—investors without waterfront or outdoor recreation features may struggle to compete in this market.

Understanding Syracuse's ROI Score: 46/100

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

Syracuse's ROI Score of 46 out of 100 places it in the 'Competitive Opportunity' band, indicating that while demand exists—particularly during the summer lake season—the revenue-to-price ratio and occupancy stability both rate below average, making it harder to generate strong returns without careful property selection. Market growth trend and supply/demand balance score at average levels, suggesting the market isn't deteriorating but also isn't providing the tailwinds that make investing easier. Pairing this data with on-the-ground research into local regulations, lakefront access, and realistic seasonal cash-flow modeling will be essential for identifying deals that pencil out.

Short-Term Rental Regulations in Syracuse

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

Permit Requirements

Operators in Syracuse, Indiana, should verify whether Kosciusko County or the town itself requires a short-term rental permit or registration before listing a property. Requirements can change as lake communities respond to growing STR activity, so contacting local planning or zoning offices directly is strongly recommended.

Key Restrictions

Common restrictions in similar Indiana lake communities include occupancy limits tied to bedroom count, noise and quiet-hour ordinances, off-street parking requirements, and potential HOA covenants that may restrict or prohibit short-term rentals in certain subdivisions. Investors should also check whether minimum-stay rules apply, particularly during peak summer weekends.

Tax Obligations

Indiana imposes a state sales tax and county innkeeper's taxes on short-term accommodations, and hosts in Syracuse should confirm the applicable rates for Kosciusko County. Major booking platforms typically collect and remit state-level taxes on behalf of hosts, but verifying county-level obligations is the host's responsibility.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Syracuse's summer-driven demand cycle is likely to remain the dominant revenue engine, with June through August continuing to generate the bulk of annual income. Active listings grew 138% year over year, suggesting rising investor interest that could pressure occupancy further if demand doesn't keep pace. Investors should anticipate ADRs holding steady or ticking up 1–3% for well-positioned lakefront properties, while off-season occupancy may remain in the low-to-mid teens absent creative pricing or midweek promotions. Seasonality will continue to be the defining challenge, so budgeting for five to six strong earning months is a prudent baseline."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Syracuse, IN

What is the average Airbnb occupancy rate in Syracuse?

The average occupancy rate for Airbnb listings in Syracuse, IN, is currently 17%, which sits well below the Indiana state average of 32%. This lower figure reflects the market's heavy seasonal concentration—lakefront demand surges in summer but drops sharply during colder months. Four-bedroom properties fare best at 28% occupancy, while 3-bedroom listings average just 12%.

How much do Airbnb hosts make in Syracuse?

On average, Airbnb hosts in Syracuse earn approximately $2,306 per month and $27,678 per year based on trailing 12-month booking data. However, earnings vary significantly by property size: 4-bedroom listings average $4,565 per month ($54,787 annually), while 1-bedroom units bring in around $1,618 per month ($19,421 annually). Peak summer months can generate $4,000–$4,800, whereas winter months may fall below $1,100.

Is Syracuse a good market for Airbnb investment?

Syracuse carries a Rabbu ROI Score of 46 out of 100, categorized as a 'Competitive Opportunity.' The market has strong summer appeal driven by lake tourism, but elevated home values (averaging $964,459) and below-average occupancy create a tight revenue-to-price ratio. Investors targeting larger properties—particularly 4-bedroom homes with lake access—have the best revenue potential, though careful deal sourcing and realistic seasonal cash-flow planning are essential.

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

The average daily rate across Syracuse Airbnb listings is $268, slightly below Indiana's $290 state average. Rates scale meaningfully with property size: 1-bedroom listings average $144 per night, 3-bedroom properties command $315, and 4-bedroom homes reach $337. These rates reflect the premium guests are willing to pay for lakefront vacation accommodations.

Are short-term rentals legal in Syracuse?

Short-term rentals operate in Syracuse, IN, but investors should verify current permit and registration requirements with local authorities in Kosciusko County and the Town of Syracuse. Regulations in Indiana lake communities can evolve, and HOA covenants in certain subdivisions may impose additional restrictions. Confirming zoning compliance and tax obligations before purchasing is always recommended.

When is peak season for Airbnb in Syracuse?

Peak season in Syracuse runs from June through August, driven by lake recreation and summer tourism. July is the highest-earning month with average revenue of $4,794, followed by August at $4,295 and June at $3,972. Shoulder months like May ($2,520) and September ($2,559) still generate meaningful income, but revenue drops below $1,400 from November through April.

How many Airbnbs are there in Syracuse?

As of late April 2026, there are 22 active Airbnb listings in Syracuse, IN. The supply is fairly evenly distributed among 1-bedroom (6 listings), 3-bedroom (7 listings), and 4-bedroom (6 listings) properties. Notably, the market saw 138% year-over-year growth in active listings, indicating rising investor interest in this lakeside destination.

How is Airbnb revenue calculated in Syracuse?

The annual and monthly revenue figures shown for Syracuse 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, remove regional outliers, and aggregate the results into a market-level historical average. Because each month uses its own historical performance data, the figures naturally reflect seasonal peaks (like the July high of $4,794) and slower winter periods. Individual results will vary based on property quality, location relative to the lake, pricing strategy, and how effectively the property is managed.

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 Syracuse, IN market
• Average daily rate, occupancy, and RevPAN metrics benchmarked against state averages
• Monthly and annual revenue breakdowns by property size based on trailing 12-month booking data
• Home value estimates sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data across active listings to identify guest expectations

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 performance and may not capture very recent market shifts. Local regulations, HOA restrictions, and tax obligations vary and should be independently verified before investing.