Geneva, New York Short-Term Rental Market Overview

Population: 13,261
Annual Visitors: 60,000,000
Total STRs: 252
ADR: $289.50

Visitor Profile

Visitors to Geneva, New York, are often drawn by its scenic landscapes, historic charm, and vibrant cultural scene, making it an ideal destination for those seeking both relaxation and adventure. Nature lovers enjoy exploring the stunning vistas around Seneca Lake, engaging in activities like wine tasting and boating, or hiking scenic trails. History enthusiasts are intrigued by local landmarks such as Belhurst Castle and the Geneva History Museum, which showcase the region’s rich past. Visitors also come for seasonal events, – including festivals, wine events, and the renowned Finger Lakes Fire and Smoke BBQ Competition – all of which emphasize Geneva’s vibrant community spirit and its appeal as a food and wine destination.

Top Attractions

Nestled in the scenic Finger Lakes region of upstate New York, Geneva is a charming destination that offers an enticing blend of natural beauty, rich history, and vibrant culture. One of the area’s main attractions is Seneca Lake, one of the largest Finger Lakes, where visitors can enjoy outdoor activities like boating, fishing, and wine tasting at renowned local wineries. The region’s fertile landscape also hosts numerous state parks, including Seneca Lake State Park and Watkins Glen, perfect for outdoor recreation and picnics amidst stunning lakeside views.
Geneva’s cultural and historical highlights make it a must-visit for history enthusiasts and culture lovers alike. The historic Rose Hill Mansion provides a glimpse into 19th-century life with guided tours of its elegant grounds. For those interested in the area’s spiritual and cultural depth, the International Museum of the Reformation and the Red Cross Museum reveal Geneva’s significant role on the world stage. Additionally, local theaters like the Smith Opera House and diverse culinary experiences at places like FLX Table offer visitors a taste of Geneva’s vibrant community spirit. Overall, Geneva combines natural splendor with cultural richness, making it an ideal getaway spot for those seeking both adventure and history.

Regulations

Geneva, New York, operates within a broader regulatory framework influenced by state and county rules, though specific local ordinances for short-term rentals (STRs) may not be distinctly codified or widely published online. Hosts in Geneva should anticipate general compliance requirements typical to New York state and Ontario County, including adherence to zoning rules, obtaining necessary permits, and meeting safety and tax obligations. Due to the potentially variable and evolving nature of regulations, prospective STR hosts should prepare for a process that involves multiple local government entities and may require direct inquiry for particulars.

Key Regulatory Considerations:

Licensing and Permits: Geneva likely requires hosts to register or obtain a permit for short-term rental operations, typically managed at the city or county level. Application processes can involve fees, inspections, and periodic renewals. Checking with the Ontario County or Geneva city clerk’s office is advisable.

Primary Residence and Zoning: Some New York municipalities mandate that STRs be operated only in primary residences or limit the number of rental days if the property is not the primary home. Zoning ordinances may restrict STRs to certain residential or commercial zones; local zoning maps and ordinances should be reviewed.

Occupancy, Health & Safety: Compliance with occupancy limits, fire safety regulations, and health standards is standard, including installation of smoke detectors, carbon monoxide alarms, and accessible fire extinguishers.

Tax Obligations: Hosts must collect and remit applicable transient occupancy taxes, state sales tax, and possibly county lodging taxes. Registration with New York State’s Tax Department and local tax authorities is essential.

Operational Standards & Enforcement: Noise, guest conduct, and property maintenance standards may be enforced, with potential fines or penalties for violations. Hosts should maintain clear communication with tenants and comply with local noise ordinances.

Given the complexity and variability of STR regulations, and the absence of a singular, detailed local ordinance easily accessible online, hosts are strongly encouraged to consult directly with official sources. For the most current and legally binding information, property owners should consult the Ontario County Official Website as it oversees regional compliance and can provide direct contacts for relevant departments overseeing short-term rentals in Geneva, NY.

Geneva, New York Market Performance Trends

LTM Avg. Daily Rate$290.00
LTM Occupancy Rate39.3%
LTM Avg. Revenue$2,754

Geneva, New York Rental Market Insights

10-Year Market Growth

Booking Activity

  • 1-3 Months:71.8% Booked
  • 4-6 Months:61.6% Booked
  • 7-9 Months:25.2% Booked
  • 10-12 Months:5.7% Booked

Cancellation Policies

  • Flexible:0%
  • Moderate:0%
  • Strict:0%
  • Super Strict:0%

Minimum Stay

  • 1 Day:0
  • 2 Days:0
  • 3 Days:0
  • 4-6 Days:0
  • 7-29 Days:0
  • 30+ Days:0

Geneva, New York Rental Market Composition

Entire Place by Beds

Common Rental Amenities

Amenity data is not available for this location.

Guest Rating Highlights

  • Overall Rating:4.87 / 5
  • Cleanliness:4.92 / 5
  • Location:4.93 / 5
  • Value:4.83 / 5
  • Accuracy:4.92 / 5
  • Check-in:4.96 / 5
  • Communication:4.96 / 5

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