Saratoga Springs, New York Short-Term Rental Market
Saratoga Springs caps STRs at 150 rental days/year; the Capital Region market averaged $288/night in June 2026, before racing season.
Quick Answer: Saratoga Springs, New York is an active short-term rental market. average occupancy in the Albany/Saratoga Springs market area is 56%. average monthly revenue in the Albany/Saratoga Springs market area is $4,038. average daily rate in the Albany/Saratoga Springs market area is $288. 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 Saratoga Springs. Regulations, taxes, and permit details below are specific to Saratoga Springs.
Market Score Breakdown
Five dimensions StaySTRA evaluates per market.
Market Overview
Saratoga Springs caps every short-term rental, primary residence or investor property alike, at 150 rental days per calendar year, one of the few markets in this program where the day cap applies even to owner-occupied listings. Local Law No. 5 of 2024 (Chapter 136A of the City Code), effective June 1, 2025, requires an annual license: $100 for a primary residence where the owner lives full-time, or $750 per unit for a non-primary or investor property.
Saratoga Springs is a year-round upscale resort city of roughly 28,631 residents in New York’s Capital Region, world-famous for Thoroughbred horse racing. The Saratoga Race Course alone drew 1,051,092 in paid attendance during its 39-day 2024 summer meet (mid-July to early September), the single largest visitor driver in a region that generated over $900 million in Saratoga County visitor spending in 2024.
StaySTRA tracks short-term rental performance at a shared Capital Region regional level covering Saratoga Springs alongside Albany and Fort Ann, so the figures below describe the Capital Region area STR market rather than Saratoga Springs alone. Listing-type mix, bedroom mix and top property managers are also tracked at that shared regional level, so this profile omits those breakdowns rather than presenting regional totals as Saratoga Springs-specific.
In June 2026, the Capital Region area STR market posted an average daily rate of $288 and occupancy of 55.9%, producing average monthly revenue of $4,038 per listing. Year over year, occupancy rose 4.0 percentage points and revenue rose 8.6%, even as ADR fell 14.5%.
Important caveat on the year-to-date figures below: the 2026 annual-average row in this data runs only through June, before the July-August Saratoga Race Course meet that drives this market’s single largest seasonal spike (August alone averages $5,264 in monthly revenue historically). Any full-year 2026 comparison should wait for the racing season months to post, since the partial-year average shown understates the year significantly.
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 Saratoga Springs 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 Saratoga Springs, so these counts are not Saratoga Springs-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 Saratoga Springs?
Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Saratoga Springs 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 (Saratoga Springs)
Typical home values, median sale prices, and the 10-year price trend for Saratoga Springs 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 Saratoga Springs — 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
Saratoga Springs adopted comprehensive STR rules via Local Law No. 5 of 2024 (Chapter 136A of the City Code), which took effect June 1, 2025. Anyone renting a property for less than 30 consecutive days must obtain a Short-Term Rental License, applied for annually through an online portal. There are two license tiers for 2026: $100 for a primary residence (owner lives there full-time) and $750 per unit for a non-primary or investor residence.
Critically, both primary and non-primary properties are capped at a total of 150 rental days per calendar year (days need not be consecutive), a meaningful ceiling even for owner-occupied properties. Licenses require a City Fire Department inspection and a valid permit and inspection record with the Accounts Department, plus a designated property contact and compliance with occupancy limits. Licenses are non-transferable: a new owner (via sale, gift, or inheritance) must obtain a fresh license.
On taxes, the city occupancy tax was raised from 6% to 8%, and Saratoga County levies a separate occupancy tax raised from 1% to 3% (effective 2025) that now applies to STRs, so operators owe roughly 11% combined local occupancy tax plus applicable New York State sales tax. New York State also requires STR registration statewide, effective March 1, 2025. Enforcement runs through Chapter 136A penalties for unlicensed operation, with complaints reportable to the city. Enforcement is rated moderate.
Market Comparison
The Capital Region area STR market’s June 2026 occupancy of 55.9% ran roughly in line with the commonly cited US STR median of roughly 55%, while its $288 ADR ran well above the roughly $220 national median, a combination pointing to a market that competes on rate rather than fill rate outside its peak season, consistent with Saratoga Springs’ status as an upscale, event-driven destination.
Top property manager data (which operators lead the market, their listing counts and reviews) is tracked at the shared Capital Region regional level rather than uniquely for Saratoga Springs, so this profile omits operator rankings rather than presenting regional totals as Saratoga Springs-specific. Investors researching who manages properties in Saratoga Springs should review individual listing pages directly.
Frequently Asked Questions About Saratoga Springs, New York
Does Saratoga Springs' 150-day rental cap apply to owner-occupied STRs too?
What was the average daily rate for STRs in the Capital Region in June 2026?
When is peak season for STRs in Saratoga Springs?
How much does an STR license cost in Saratoga Springs?
Why does the 2026 annual figure for Saratoga Springs look weak?
What taxes apply to short-term rentals in Saratoga Springs?
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