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

Troy Short-Term Rental Market Overview

Troy, NY presents a compelling entry point for short-term rental investors, combining relatively affordable home values ($401,239) with an ADR of $118 and average annual revenue of $16,954. The market's 85 active listings and above-average occupancy stability suggest steady traveler interest — likely fueled by the Capital District's colleges, events, and proximity to Albany — though below-average growth and supply/demand balance signal that careful property selection matters here.

Key Market Statistics

According to Rabbu market data, the Troy 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 Troy

Troy's blend of affordable property prices, stable occupancy patterns, and a diverse base of Capital District demand makes it a market worth evaluating for investors seeking lower-barrier STR entry.

Expert Market Assessment

"Troy represents a moderate investment opportunity with pockets of genuine strength. The market's above-average occupancy stability and reasonable revenue-to-price ratio support a realistic path to positive cash flow, particularly for 3-bedroom properties pulling in roughly $23,525 annually. Seasonality is pronounced — revenue dips below $1,000 in January before climbing to $2,360 in August — so investors should budget for leaner winter months. The rapid growth in listings (145% year-over-year) warrants monitoring, as it may pressure occupancy and rates if demand doesn't keep pace."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Troy

Average revenue by month in Troy

Troy's revenue cycle is distinctly seasonal, peaking in August at $2,360 and bottoming out in January at $837 — a spread of roughly $1,500 between the best and worst months. The summer corridor from June through August drives the bulk of annual earnings, while a secondary uptick in October ($1,599) offers a modest autumn boost.

Active Airbnb listings by property size in Troy

One-bedroom listings dominate Troy's supply with 42 of the 85 active properties, followed by 22 two-bedroom and just 11 three-bedroom listings. The relatively thin supply of 3-bedroom homes, combined with their higher revenue potential, may represent an underserved niche worth targeting.

Average daily rate (ADR) by property size in Troy

ADR in Troy scales meaningfully with size, climbing from $81 for studios to $184 for 3-bedroom properties — a 127% premium. The jump from 2 bedrooms ($126) to 3 bedrooms ($184) is the steepest, suggesting that larger group-friendly properties can command significant rate premiums relative to their incremental operating costs.

Average RevPAN by property size in Troy

Three-bedroom properties deliver the highest RevPAN at $45, slightly edging out 1-bedrooms at $43, despite having much lower occupancy. Studios lag at $33, indicating that the lower nightly rates for the smallest units aren't fully compensated by their higher occupancy.

Average occupancy rates by property size in Troy

Smaller units stay fullest in Troy — 1-bedrooms lead at 44% occupancy and studios follow at 41%, while 3-bedroom properties fill just 25% of available nights. Investors choosing larger properties should plan for more vacant nights but can still achieve competitive revenue thanks to substantially higher nightly rates.

Average monthly revenue by property size in Troy

Monthly revenue rises steadily with property size, from $995 for studios to $1,960 for 3-bedroom listings — nearly double. The gap between 1-bedroom ($1,250) and 2-bedroom ($1,355) units is relatively slim at just $105, suggesting the incremental revenue from a second bedroom is modest unless the property can also command group bookings.

Average annual revenue by property size in Troy

Three-bedroom properties offer the strongest annual return potential at $23,525, outpacing 2-bedrooms ($16,265) by roughly 45%. Studios generate the least at $11,942 annually, meaning investors looking to maximize top-line revenue should prioritize 3-bedroom configurations, provided acquisition costs remain in line with the market average.

Most common amenities for Airbnb listings in Troy

Parking and a full kitchen each appear in 94% of Troy listings, signaling that guests overwhelmingly expect drive-to convenience and the ability to cook. Self check-in (88%), washer (69%), and a dedicated workspace (67%) round out the essentials — the workspace prevalence hints at a meaningful segment of remote workers and business travelers in the guest mix.

Understanding Troy's ROI Score: 55/100

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

Troy's ROI Score of 55 out of 100 places it in the 'Attractive Opportunity' band, reflecting a market where reasonable revenue relative to property prices and above-average occupancy stability create a viable investment case. The below-average ratings on market growth trend and supply/demand balance suggest the rapid influx of new listings is outpacing demand growth, which could temper returns if the trend continues. Pairing these insights with thorough local regulatory research and a conservative financial model will help investors set realistic expectations.

Short-Term Rental Regulations in Troy

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

Permit Requirements

Short-term rental operators in Troy, New York may be required to obtain a permit or register their property with the city before listing. Investors should verify current requirements directly with the City of Troy and Rensselaer County, as local STR rules can evolve quickly.

Key Restrictions

Common restrictions that may apply to Troy STR properties include occupancy limits, minimum stay requirements, noise ordinances, and off-street parking mandates. HOA or condominium rules can impose additional limitations, so reviewing any applicable covenants before purchasing is essential.

Tax Obligations

STR hosts in New York are generally subject to state and local occupancy taxes, and in many cases platforms like Airbnb collect and remit these on the host's behalf. Investors should confirm whether any additional city-level lodging or tourism taxes apply in Troy.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Troy's STR market is expected to see modest but stable performance, with occupancy likely hovering in the 35–40% range market-wide. Seasonal peaks in July and August should continue to drive the strongest returns, and we estimate ADR could edge up 1–3% as the Capital District's tourism and event calendar matures. The 145% year-over-year growth in active listings does introduce more competition, so hosts who invest in quality amenities and strategic pricing will be best positioned to maintain margins."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Troy, NY

What is the average Airbnb occupancy rate in Troy?

The average occupancy rate for Airbnb listings in Troy is currently 37%, which sits just below the New York state average of 40%. Occupancy varies significantly by property size — 1-bedroom units lead at 44%, while 3-bedroom properties average around 25%. Smaller units tend to stay fuller, making them a consideration for investors prioritizing consistent bookings.

How much do Airbnb hosts make in Troy?

Airbnb hosts in Troy earn an average of $1,412 per month, translating to roughly $16,954 in annual revenue based on trailing 12-month performance. Earnings vary by property size: studios average about $995/month, while 3-bedroom properties can bring in around $1,960/month. Peak summer months like August can push monthly revenue above $2,300.

Is Troy a good market for Airbnb investment?

Troy scores a 55 out of 100 on Rabbu's ROI Score, categorized as an 'Attractive Opportunity.' The market benefits from above-average occupancy stability and a reasonable revenue-to-price ratio relative to property costs averaging $401,239. However, below-average market growth trends and supply/demand balance mean investors should be selective about property type and location. Three-bedroom homes offer the strongest annual revenue at $23,525.

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

The average daily rate in Troy is $118, well below the New York state average of $381, reflecting the market's more affordable positioning. ADR scales with property size — studios average $81, while 3-bedroom listings command $184 per night. This pricing structure appeals to budget-conscious travelers and groups visiting the Capital District.

Are short-term rentals legal in Troy?

Short-term rentals do operate in Troy, NY, with 85 active Airbnb listings currently in the market. However, local regulations and permit requirements can change, so prospective investors should check directly with the City of Troy and relevant Rensselaer County offices to confirm current rules, zoning restrictions, and any licensing obligations before purchasing a property.

When is peak season for Airbnb in Troy?

Peak season in Troy runs from June through August, with August delivering the highest average monthly revenue at $2,360, followed by July at $2,170. The slowest month is January at just $837, creating a roughly 2.8x spread between the high and low points. October also shows relative strength at $1,599, likely driven by fall foliage and college-related travel.

How many Airbnbs are there in Troy?

Troy currently has 85 active Airbnb listings. The supply is heavily weighted toward smaller properties: 1-bedroom units make up about half the market with 42 listings, followed by 22 two-bedroom listings, 11 three-bedroom listings, and 7 studios. Year-over-year listing growth has been significant at 145%, indicating rising investor interest.

How is Airbnb revenue calculated in Troy?

The annual and monthly revenue figures for Troy 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 aggregate the results into 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 draws on its own historical data. 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 Troy, NY
• Occupancy rates, average daily rates, and RevPAN trends across property sizes
• Monthly and annual revenue metrics based on trailing 12-month booking performance
• Property value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence data reflecting current listing features in the market

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 performance and market conditions as of the date noted; actual results may differ based on property-specific factors and operational decisions. Local regulations governing short-term rentals can change — investors should independently verify permit, zoning, and tax requirements before purchasing.