Lake Placid, New York Short-Term Rental Market
CMarket Score 57/100
Quick Answer: Lake Placid, New York is an active short-term rental market. average occupancy is 25%. average monthly revenue is $1,956. average daily rate is $235. the top operator is Evolve with 166 listings. market score is 57/100 (grade C).
Avg Monthly Revenue
$1,956
↓ 13.4% YoY
25%
Occupancy
↓ 23.8% YoY
$235
Avg Daily Rate
↓ 0.9% YoY
$58
RevPAR
↓ 24.6% YoY
39.9 days avg lead time3.4 avg length of stay
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Regulation70
Seasonality49
Investability94
Rental Demand51
Revenue Growth69
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 39% | $294 | $3,231 |
| Feb | 51% | $309 | $3,817 |
| Mar | 33% | $264 | $2,801 |
| Apr | 36% | $228 | $2,238 |
| May | 45% | $256 | $2,237 |
| Jun | 53% | $306 | $3,437 |
| Jul | 70% | $330 | $5,773 |
| Aug | 69% | $334 | $5,994 |
| Sep | 42% | $285 | $3,276 |
| Oct | 42% | $266 | $3,007 |
| Nov | 32% | $244 | $2,277 |
| Dec | 47% | $289 | $2,992 |
Top Short-Term Rental Operators in Lake Placid
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 166 | 6,967 | ★ 4.77 |
| 2 | Adirondack By Owner | 97 | 3,146 | ★ 4.83 |
| 3 | Vacasa | 73 | 2,151 | ★ 4.58 |
| 4 | Northern Living | 66 | 2,312 | ★ 4.85 |
| 5 | Rocky Point Properties | 57 | 530 | ★ 4.82 |
What Kind of STR Should I Buy in Lake Placid?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 1,392 |
| 2 bed | 1,503 |
| 3 bed | 1,671 |
| 4 bed | 910 |
| 5 bed | 654 |
ADR by Property Tier
| Entire Home | $238 |
| Luxury | $489 |
| Professionally Managed | $304 |
Revenue by Dwelling Type
| Apartment | $1,589 |
| Entire Place | $1,981 |
| House | $2,038 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 42.9% |
| vrbo | 12.2% |
| both | 44.8% |
Investment Analysis
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
Run a Free Address Analysis
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Analyze My Property →Home Value Trends (Lake Placid)
Typical Home Value
$373,407
Analyze Lake Placid Rentals
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