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

Syracuse Short-Term Rental Market Overview

Syracuse presents a compelling entry point for short-term rental investors, combining an above-average revenue-to-price ratio with relatively affordable home values averaging $307,704. With 249 active Airbnb listings generating an average annual revenue of $20,658, the market rewards investors who choose the right property size — 4- and 5-bedroom units, in particular, deliver meaningfully higher returns. The city's university ecosystem, healthcare institutions, and regional event calendar provide a steady baseline of demand, though occupancy at 33% sits below the state average and warrants careful underwriting.

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 Mar, 17 2026.

Why Investors Consider Syracuse

Syracuse attracts STR investors primarily because of its strong revenue-to-price ratio, which allows affordable acquisitions to generate meaningful returns relative to purchase cost.

Expert Market Assessment

"Syracuse earns an ROI score of 61 out of 100, placing it in the "Attractive Opportunity" tier — a market where favorable property prices offset moderate occupancy levels. Revenue swings meaningfully by season: August peaks at $2,940 per month while January dips to just $785, creating a nearly 4:1 ratio between best and worst months. Investors who target larger properties and price competitively during shoulder months can meaningfully outperform the market average of $1,721/month. The supply-demand balance is rated below average, however, so monitoring the pace of new listings against demand growth will be important for sustaining returns."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Syracuse

Average revenue by month in Syracuse

Syracuse exhibits strong seasonality, with August ($2,940) delivering nearly four times the revenue of January ($785). The summer stretch from June through September accounts for the bulk of annual earnings, and investors should build cash reserves to weather the slower winter months from November through March.

Active Airbnb listings by property size in Syracuse

One-bedroom listings dominate supply at 96 units (39% of the market), followed by 2-bedrooms at 67 and 3-bedrooms at 46. The 4- and 5-bedroom categories are notably underserved with just 13 and 10 listings respectively, which may represent an opportunity given their substantially higher revenue per available night.

Average daily rate (ADR) by property size in Syracuse

ADR scales sharply with property size in Syracuse — from $73 for 1-bedroom units up to $267 for 5-bedroom properties. The jump from 3 bedrooms ($179) to 5 bedrooms ($267) represents a 49% premium, suggesting that larger homes command outsized nightly pricing in this market.

Average RevPAN by property size in Syracuse

Revenue per available night tells a clear story: 5-bedroom ($107) and 4-bedroom ($94) properties dramatically outperform all other sizes, while 1-bedroom units lag at just $23. The gap between the top and bottom is more than 4x, making property size one of the most important decisions for maximizing per-night revenue.

Average occupancy rates by property size in Syracuse

Four-bedroom properties achieve the highest occupancy at 52%, well above the market average of 33%, while 3-bedroom units trail at just 22%. Studios (43%) and 5-bedrooms (40%) also perform above average, suggesting that both budget-conscious and group travelers maintain steadier booking patterns in Syracuse.

Average monthly revenue by property size in Syracuse

Five-bedroom listings top the monthly revenue chart at $3,149, closely followed by 4-bedrooms at $3,012 — both roughly 3.7 times what a 1-bedroom earns ($838). Two- and 3-bedroom units cluster around $2,069–$2,073 per month, occupying a middle tier that could suit investors seeking moderate acquisition costs with decent returns.

Average annual revenue by property size in Syracuse

On an annual basis, 5-bedroom properties lead at $37,789, with 4-bedrooms close behind at $36,151 — both nearly four times the $10,061 generated by 1-bedroom units. Given Syracuse's average home value of $307,704, larger properties appear to offer the strongest revenue-to-price potential, assuming acquisition costs don't scale proportionally.

Most common amenities for Airbnb listings in Syracuse

Parking (97%) and kitchen access (95%) are near-universal in Syracuse listings, reflecting a guest base that expects car-friendly, home-style accommodations. Self check-in (86%) and a dedicated workspace (83%) also rank high, signaling demand from both independent travelers and remote workers — amenities that are essentially table stakes for competitive listings here.

Understanding Syracuse's ROI Score: 61/100

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 61 out of 100 places it in the "Attractive Opportunity" band, driven primarily by an above-average revenue-to-price ratio that reflects the city's affordable entry points relative to earning potential. Occupancy stability and market growth trend are both rated average, while the supply-demand balance scores below average — a factor worth watching as listing counts nearly doubled year-over-year. Pairing this data with local regulatory research and a focus on high-performing property sizes (4–5 bedrooms) can help investors position themselves on the stronger end of this market's return spectrum.

Short-Term Rental Regulations in Syracuse

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

Permit Requirements

Syracuse, New York may require short-term rental operators to obtain a permit or register their property with the city before listing on platforms like Airbnb. Investors should verify current requirements directly with the City of Syracuse and Onondaga County, as rules can change.

Key Restrictions

Common restrictions in markets like Syracuse can include occupancy limits, minimum-stay requirements, noise ordinances, and parking mandates. Some properties may also be subject to HOA rules or zoning restrictions that limit or prohibit short-term rentals, so due diligence on the specific property and neighborhood is essential before purchasing.

Tax Obligations

Short-term rental hosts in New York State are typically responsible for collecting and remitting state and local occupancy taxes, as well as any applicable sales taxes. Many booking platforms collect these taxes on behalf of hosts, but operators should confirm their obligations with a tax professional to ensure full compliance.

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, we estimate Syracuse ADRs could edge up modestly in the range of 2–4%, supported by continued growth in active listings (up 99% year-over-year) that signals rising investor confidence. Seasonal patterns suggest revenue will remain concentrated in the summer months, with August and July continuing to anchor peak earnings while January stays the softest month. Occupancy is expected to hover around 30–35% market-wide, though larger properties with stronger RevPAN may outperform that range. Investors entering now should factor in the seasonal trough and budget for lower winter cash flow while capitalizing on the robust summer demand."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Syracuse, NY

What is the average Airbnb occupancy rate in Syracuse?

The average occupancy rate for Airbnb listings in Syracuse is currently 33%, which is below the New York state average of 40%. Occupancy varies considerably by property size — 4-bedroom units lead at 52%, while 3-bedroom properties lag at 22%. Investors should note that while occupancy isn't the highest, it pairs with competitive daily rates to generate reasonable revenue, especially for larger properties.

How much do Airbnb hosts make in Syracuse?

On average, Airbnb hosts in Syracuse earn approximately $1,721 per month or $20,658 per year based on trailing 12-month data. Revenue varies significantly by property size: 5-bedroom listings average $3,149/month ($37,789 annually), while 1-bedroom units average just $838/month ($10,061 annually). Choosing the right property configuration is one of the biggest levers for maximizing income in this market.

Is Syracuse a good market for Airbnb investment?

Syracuse scores 61 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market's standout strength is its above-average revenue-to-price ratio — with average home values around $307,704, the cost of entry is low relative to potential earnings. Occupancy stability is average and the supply-demand balance is below average, so investors should focus on property types that outperform the market (particularly 4- and 5-bedroom homes) and prepare for seasonal revenue fluctuations.

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

The average daily rate for Airbnb listings in Syracuse is $129, significantly below the New York state average of $381. ADR scales with property size, ranging from $73 for 1-bedroom units up to $267 for 5-bedroom properties. While the headline ADR is modest, it reflects Syracuse's affordability-oriented guest base and pairs with lower acquisition costs to create a favorable return profile.

Are short-term rentals legal in Syracuse?

Short-term rentals are generally permitted in Syracuse, though operators may need to obtain permits or register with the city. Regulations can include requirements around safety inspections, occupancy limits, and tax collection. We recommend checking directly with the City of Syracuse and consulting a local real estate attorney to confirm the current rules that apply to your specific property and neighborhood.

When is peak season for Airbnb in Syracuse?

Peak season in Syracuse runs from June through September, with August generating the highest average monthly revenue at $2,940. July ($2,588) and September ($2,231) are also strong performers. The off-season low point is January at $785, making summer revenue roughly 3.7 times what hosts can expect in the slowest winter month. Investors should plan cash reserves to bridge the November-through-March lull.

How many Airbnbs are there in Syracuse?

There are currently 249 active Airbnb listings in Syracuse as of April 2026. The market has seen substantial growth, with year-over-year listing counts increasing by 99%. One-bedroom units make up the largest share of supply at 96 listings, followed by 2-bedroom (67) and 3-bedroom (46) properties, with larger 4- and 5-bedroom homes representing a smaller but higher-earning segment.

How is Airbnb revenue calculated in Syracuse?

The annual and monthly revenue figures for Syracuse are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and roll the remaining data 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 how actively the listing 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 market
• Occupancy rates, average daily rates, and RevPAN trends across property sizes
• Historical monthly and annual revenue data based on trailing 12-month booking performance
• Average home values sourced from the Zillow Home Value Index (ZHVI)
• Data from multiple providers combined and cross-referenced for consistency

Sources and disclaimers

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 averages and market conditions may have shifted since the most recent update. Local regulations, permit requirements, and tax obligations are subject to change — investors should verify current rules with local authorities before purchasing.