Syracuse Short-Term Rentals: 2025 Investment Guide
Syracuse short-term rentals are drawing investor interest thanks to local hotspots like the Everson Museum of Art and scenic Onondaga Lake Park. With colleges, medical facilities, and events such as the Great New York State Fair, visitor demand for vacation rentals in Syracuse remains strong year-round.
Quick Takeaways
- 700+ active STR listings in Syracuse as of April 2025
- Average daily rate (ADR) sits near $168
- Occupancy rates typically trend around 66% annually
- YOY STR revenue is up 5%, outpacing traditional rentals
- Cancellations have dropped with flexible policies
- Pro tip: Focus on proximity to Syracuse University, hospitals, and downtown
Market Trends Fueling Investor Interest
Syracuse continues to see growth in short-term rentals as more investors recognize demand from business travelers, families, and university visitors. Popular neighborhoods near Armory Square and Syracuse University consistently yield high occupancy and healthy nightly rates, making them prime targets for STR investing in Syracuse.
ADR, Occupancy, and Seasonality Insights
Average daily rates (ADR) for vacation rentals in Syracuse hover around $168, with prime weeks in September during university move-in and major events. Occupancy rates average 66%, with sharp upticks during graduation and festival periods. Investors can boost returns by optimizing pricing for event-driven demand spikes.
StaySTRa Analyzer
If you’re evaluating a specific property or narrowing your investment focus, the StaySTRa Analyzer lets you plug in an address and see actual STR performance data. It’s free to use and built for investors.
Operational Best Practices and Revenue Trends
Enhanced cleaning protocols and flexible cancellation policies have reduced guest cancellations and boosted booking confidence. Many hosts now automate messaging, dynamic pricing, and guest reviews, creating efficient operations and unlocking better reviews, which fuel occupancy. Syracuse hosts benefitted from a favorable regulatory environment in 2025, making it easier to enter the market and remain compliant.
Location, Local Attractions, and Final Thoughts
Syracuse’s diverse attractions help keep STR demand steady. Locations near the Erie Canal Museum, Onondaga Lake Park, and major event venues ensure year-round bookings. The market is competitive—browse top listings on Airbnb for inspiration.
Serious about STR investing in Syracuse? Do your homework, leverage local data, and stay guest-focused. For more tips or a personal analysis, reach out below.
