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Hammondsport, New York

Short-Term Rental Market Data & Investment Analysis

Hammondsport, New York Short-Term Rental Market

CMarket Score 66/100
Data updated April 2026

Hammondsport, NY STRs averaged $242/night at 42.7% occupancy in April 2026, with summer peaks exceeding 70% along Keuka Lake.

Quick Answer: Hammondsport, New York is an active short-term rental market. average occupancy is 56%. average monthly revenue is $5,155. average daily rate is $357. the top operator is Finger Lakes Premier Properties with 212 listings. market score is 66/100 (grade C).

Avg Monthly Revenue
$5,155
↑ 10% YoY
56%
Occupancy
↑ 2.3% YoY
$357
Avg Daily Rate
↑ 6.8% YoY
86.1 days avg lead time3.6 avg length of stay

Market data reflects the Finger Lakes regional market, which includes Hammondsport. Regulations, taxes, and permit details below are specific to Hammondsport.

Market Score Breakdown

Five dimensions Apivex evaluates per market.

Regulation68
Seasonality52
Investability95
Rental Demand66
Revenue Growth67

Market Overview

Hammondsport, NY is a small village at the south end of Keuka Lake in the Finger Lakes Wine Country, drawing wine tourists, outdoor recreation visitors, and aviation history enthusiasts. The area’s STR market is concentrated in the lakefront vacation-rental segment. In April 2026, the market recorded an average daily rate of $242 and occupancy of 42.7%, translating to RevPAR of $103. April is a shoulder month; summer occupancy reaches 70% or above. The active listing pool across the Keuka Lake market area spans roughly 6,076 units by bedroom: 1-bedroom (1,825), 2-bedroom (1,340), 3-bedroom (1,509), 4-bedroom (846), and 5-bedroom (556). Entire-place listings dominate at 5,564 units, private rooms account for 518, and shared rooms account for 1. By channel, 2,976 listings are on Airbnb only, 581 on VRBO only, and 2,526 on both platforms. Year-over-year as of April 2026, occupancy declined 7.0%, though ADR rose 5.6%, and revenue fell 2.0%. The market scored 66.0 overall, with investability notably high at 95.5 out of 100, signaling strong return potential relative to acquisition cost.

Seasonal Patterns

Monthly seasonal data for Hammondsport, New York
MonthOccupancyADRRevenue
Jan34%$188$1,859
Feb44%$192$1,961
Mar42%$187$2,027
Apr48%$211$2,399
May51%$267$2,934
Jun57%$298$4,241
Jul69%$292$5,227
Aug71%$294$5,379
Sep52%$261$3,632
Oct51%$249$3,510
Nov39%$210$2,357
Dec37%$199$2,091

Top Short-Term Rental Operators in Hammondsport

Ranked by total active listings. Useful for understanding the competitive landscape.

#OperatorListingsReviewsRating
1Finger Lakes Premier Properties2123,615★ 4.64
2Evolve1446,770★ 4.68
3Vibe Short Term Rental Management772,373★ 4.83
4Vacasa612,311★ 4.49
5Between the Lakes Vacation Rentals56664★ 4.62

What Kind of STR Should I Buy in Hammondsport?

Revenue and pricing by property type, tier, and bedroom count.

Revenue by Bedroom Count

1 bed1,825
2 bed1,340
3 bed1,509
4 bed846
5 bed556

ADR by Property Tier

Entire Home$375
Luxury$609
Professionally Managed$564

Revenue by Dwelling Type

Apartment$3,010
Entire Place$5,428
House$5,868

Booking Channel Mix

Distribution of bookings across major STR platforms.

Channel mix
ChannelShare
airbnb48.9%
vrbo9.6%
both41.5%

Investment Analysis

Hammondsport offers a compelling entry point for vacation-rental investors in the Finger Lakes. The typical home value stands at $330,156 as of April 2026. At average monthly revenue of $2,500 in April 2026, annualized gross revenue based on that single month would be approximately $30,000. However, given the strong summer concentration, the 2025 full-year monthly average of $3,540 is a better benchmark; annualized, that is approximately $42,480 per year. At a $330,156 home value, a $42,480 gross annual revenue estimate implies an approximate gross yield of 12.9% before expenses. Tier performance shows substantial differentiation: entire-home listings average $258 per night versus the all-listing $242, professionally managed listings average $359 per night, and luxury-tier listings command $436 per night. Houses generate average monthly revenue of $2,781, entire-place listings $2,626, and apartments $1,758. Revenue trends show a peak in 2021 at $3,827 per month annually averaged, declining to $3,408 in 2024 and recovering modestly to $3,540 in 2025. Investors should plan for significant seasonal revenue concentration in June through September, which accounts for the majority of annual income.

Revenue Trend (5 yr)

ADR & Occupancy Trends (5 yr)

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Home Value Trends (Hammondsport)

Typical Home Value
$346,654

Booking Insights

Guests booking Hammondsport STRs in April 2026 booked an average of 47 days in advance, with stays averaging 3.4 nights. The 47-day lead time is the longest among this batch, giving operators a nearly seven-week pricing window before arrival. This extended lead time likely reflects the vacation-planning nature of Finger Lakes getaways, where travelers book wine-country weekends well in advance, particularly for summer peak season. The 3.4-night average stay is the shortest in this batch, suggesting a blend of long weekend getaways (3 nights) rather than extended stays. This means higher turnover and more cleaning cycles per month than markets with 4.5 to 5-night averages. Operators should set competitive cleaning fees and use minimum-stay requirements of 2 or 3 nights during peak season to reduce single-night bookings that increase turnover costs without proportional revenue gains.

Short-Term Rental Regulations

Short-term rentals are permitted in Hammondsport but subject to a Special Use Permit requirement in residential zones, governed by Chapter 122 of the Village code. Local Law 7-2023 (effective September 12, 2023) is the current governing framework, amending the earlier Local Law 1-2020. In the Medium Density Residential (MDR) and Low Density Residential (LDR) zones, STRs require a Village-issued Special Use Permit valid for 24 months (biennial renewal). Renewal applications must include proof that the property was actively rented during the prior permit period. The Village caps the total number of STR permits in MDR and LDR zones at no more than 12% of residential units, reviews this cap each April, and maintains a waiting list for applicants when the cap is reached. The Village Clerk notifies waitlisted applicants within 15 days when a slot opens. In commercial B-1 and B-2 zones, apartment and short-term rental use is permitted on upper floors and on non-storefront first floors without this residential cap. On taxes: Steuben County levies a 4% hotel/motel occupancy tax that explicitly covers STRs. Lodging is also subject to New York State’s 4% sales tax plus Steuben County’s local sales tax, with platforms like Airbnb collecting and remitting state sales taxes automatically. The permit fee amount was not confirmed in available public sources. Investors should confirm current cap availability and fee schedule directly with the Village before acquiring property.

Market Comparison

Hammondsport’s 42.7% April 2026 occupancy is below the US STR median of 55%, but April is its shoulder month. August and July peak occupancy of 70.5% and 69.3% both substantially exceed the national median, confirming strong peak-season demand. Hammondsport’s $242 ADR modestly exceeds the US median of roughly $220, reflecting the wine-country premium this market commands. The investability score of 95.5 out of 100 is the highest in this batch, signaling exceptional return potential relative to entry cost. The top operator is Finger Lakes Premier Properties with 212 listings and a 4.64 average rating across 3,615 reviews. Evolve ranks second with 144 listings and a 4.68 rating across 6,770 reviews. Vibe Short Term Rental Management holds 77 listings with a 4.83 rating. Vacasa manages 61 listings with a 4.49 rating. Between the Lakes Vacation Rentals rounds out the top five with 56 listings and a 4.62 rating. The presence of multiple regional operators alongside Evolve and Vacasa indicates a competitive but professionally managed market.

Frequently Asked Questions About Hammondsport, New York

What is the average daily rate for STRs in Hammondsport, NY?
In April 2026, the all-listing average daily rate was $242. Entire-home listings averaged $258 per night, professionally managed listings averaged $359 per night, and luxury-tier listings averaged $436 per night. Summer peak-season rates are significantly higher.
When is peak season for Hammondsport short-term rentals?
August is the peak month at 70.5% occupancy with $294 ADR and $5,382 in average monthly revenue. July is nearly equal at 69.3% occupancy and $5,229. The trough is January at 33.5% occupancy and $1,859 in revenue.
Do I need a permit to operate a short-term rental in Hammondsport, NY?
Yes. In residential MDR and LDR zones, STRs require a Village-issued Special Use Permit, governed by Local Law 7-2023. Permits are biennial (24-month) and require proof of active rentals at renewal. The total number of residential STR permits is capped at 12% of residential units in those zones, with a waiting list when the cap is reached.
What taxes apply to Hammondsport, NY STRs?
Steuben County levies a 4% hotel/motel occupancy tax on STRs. Lodging is also subject to New York State 4% sales tax plus Steuben County local sales tax. Platforms like Airbnb typically collect and remit the state sales taxes automatically.
What is the gross yield potential for a Hammondsport STR investment?
At the typical home value of $330,156 and the 2025 annual average monthly revenue of $3,540, annualized gross revenue of approximately $42,480 implies a gross yield of roughly 12.9% before operating expenses and taxes. Actual returns depend heavily on seasonal management and property type.
What monthly revenue does a typical Hammondsport STR generate?
The April 2026 all-listing average was $2,500 per month. The 2025 annual monthly average was $3,540. Peak-month revenue averages $5,382 in August. Houses average $2,781 per month and entire-place listings $2,626, based on April 2026 data.
How far in advance do guests book Hammondsport STRs?
The average booking lead time in April 2026 was 47 days, with an average stay of 3.4 nights. The long lead time reflects vacation-planning behavior for Finger Lakes wine-country trips, giving operators nearly seven weeks to adjust pricing before arrival.
Hammondsport, New YorkRev $5,155ADR $357Occ 56%Score C (66)

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Table of Contents

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Quick Facts: Hammondsport

Active STRs
312
Avg Daily Rate
$354
Occupancy Rate
43%
Population
500
Annual Visitors
150,000

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