Albany, New York Short-Term Rental Market
The Capital-Saratoga region STR market averaged $228 ADR, 46.5% occupancy and $3,043 monthly revenue in September 2026.
Quick Answer: Albany, New York is an active short-term rental market. average occupancy in the Albany/Saratoga Springs market area is 46%. average monthly revenue in the Albany/Saratoga Springs market area is $3,043. average daily rate in the Albany/Saratoga Springs market area is $228. the top operator in the Albany/Saratoga Springs market area is Evolve with 74 listings. market score is 41/100 (grade D).
Market data reflects the Albany/Saratoga Springs regional market, which includes Albany. Regulations, taxes, and permit details below are specific to Albany.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
This profile covers the Capital-Saratoga region STR market, which includes Albany, Saratoga Springs and Fort Ann in New York. Albany, the state capital, anchors the region. Short-term rental performance is tracked at a shared regional level rather than uniquely for Albany, so this profile omits bedroom, channel and listing-type counts and operator rankings. In September 2026 the regional STR market recorded an average daily rate of $228, occupancy of 46.5% and average monthly revenue of $3,043 per listing. Entire-place rentals averaged $262 per night. Compared with September 2025, occupancy rose 11.0%, ADR rose 5.0% and revenue rose 6.4%, so growth is coming from both demand and rate. Year to date through September 2026, occupancy has averaged 53.2%, ADR $233 and monthly revenue $3,425, ahead of the full 2025 figures of 51.5%, $218 and $3,122. Demand has a broad base. Albany draws an estimated 1.5 million visitors a year to Albany County, who generate over $1 billion in tourist spending. About 60% of visitors come from within New York State. Government and business travel is a significant share of demand, driven by legislative sessions, state agency activity and corporate headquarters, while leisure and heritage visitors are drawn to the State Capitol, the New York State Museum and Empire State Plaza. The broader Capital-Saratoga Region generates $2.1 billion in visitor spending. Albany has a population of 100,492, and its typical home value of $332,657 sets the entry cost for investors. The September occupancy of 46.5% sits below the 2026 year-to-date average of 53.2%, which fits the shoulder-season pattern described in the seasonal section. Investors should treat these figures as regional benchmarks and confirm property-level assumptions against local comparables.
Seasonal Patterns
| Month | Occupancy |
|---|---|
| Jan | 43% |
| Feb | 52% |
| Mar | 48% |
| Apr | 53% |
| May | 55% |
| Jun | 57% |
| Jul | 63% |
| Aug | 63% |
| Sep | 45% |
| Oct | 51% |
| Nov | 45% |
| Dec | 49% |
Month-by-month nightly rates and revenue figures for Albany are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Top Short-Term Rental Operators in Albany/Saratoga Springs market area
Ranked by total active listings. Useful for understanding the competitive landscape. Operator data is published for the Albany/Saratoga Springs market as a whole, which includes Albany, so these counts are not Albany-only figures.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 74 | 1,916 | ★ 4.61 |
| 2 | Enlightened Habitat | 26 | 2,161 | ★ 4.80 |
| 3 | Luxe Rentals | 20 | 1,556 | ★ 4.57 |
| 4 | Saratoga Stays | 18 | 386 | ★ 4.84 |
| 5 | Archer Casten | 17 | 509 | ★ 4.29 |
What Kind of STR Should I Buy in Albany?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Albany are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 60.8% |
| vrbo | 5.1% |
| both | 34% |
Home Value Trends (Albany)
Typical home values, median sale prices, and the 10-year price trend for Albany are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Booking Insights
Booking-window and length-of-stay analysis for Albany — how far ahead guests book and how to price around it — is available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.
Short-Term Rental Regulations
Short-term rentals are permitted in Albany, and the framework is minimal and still changing, based on research current to May 2026. The City of Albany has no adopted STR ordinance, and its Unified Sustainable Development Ordinance does not define or regulate short-term rentals. There are no STR-specific zoning districts or geographic restrictions. The city held a public forum on February 1, 2024 and presented a regulatory framework to the Common Council that month, discussing owner-occupancy priority, bedroom-based density caps and district-level restrictions, but no ordinance has been adopted. At the state level, New York’s STR registry law (S885C/A4130C), signed in December 2024, took effect September 22, 2025. Operators must register through the New York State Short-Term Rental Registry, and no separate city-level permit currently exists. The permit cost is not published, and the registration renews annually. There is no owner-occupancy requirement, no primary-residence requirement and no cap on nights rented per year. On the tax side, since March 2025 booking platforms have collected and remitted the 8% combined sales tax on Albany bookings. On May 12, 2026, the Albany County Legislature approved a 6.5% hotel occupancy tax on STRs, matching the hotel rate. It will not be collected until a county-wide registry is established. Enforcement severity is rated minimal. Investors should verify current rules with the city and county before buying, since the framework could change.
Market Comparison
The Capital-Saratoga region STR market has a mixed profile. September 2026 occupancy of 46.5% sits below the 2026 year-to-date average of 53.2%, and the $228 ADR sits below the year-to-date ADR of $233. Peak months are much stronger. July and August reach about 63% occupancy with ADRs of $300 and $322, while January and September fall well short on occupancy at 43.0% and 44.9%. Occupancy trends are improving. September occupancy rose 11.0% year over year. The luxury tier at $563 and professionally managed tier at $295 show room to outperform the all-listings ADR of $228 with the right product. Operator rankings are tracked at a shared regional level rather than uniquely for Albany, so this profile omits them. Overall, investors should view the region as a rate-driven market with strong summers, a demand base tied to state government and a regulatory environment that is still developing.
Frequently Asked Questions About Albany, New York
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