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Syracuse, New York

Short-Term Rental Market Data & Investment Analysis

Syracuse, New York Short-Term Rental Market

Syracuse, NY STRs averaged $202/night at 59.0% occupancy in June 2026; no STR-specific ordinance, just rental registration.

Quick Answer: Syracuse, New York is an active short-term rental market. average occupancy is 59%. average monthly revenue is $3,191. average daily rate is $202. the top operator in Syracuse is JackSun Place with 63 listings. market score is 81/100 (grade B).

Avg Monthly Revenue
$3,191
↑ 13.9% YoY
59%
Occupancy
↑ 1.5% YoY
$202
Avg Daily Rate
↑ 11.4% YoY
62.8 days avg lead time4.7 avg length of stay

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation56
Seasonality69
Investability93
Rental Demand75
Revenue Growth76

Market Overview

Syracuse has no dedicated short-term rental ordinance. STRs in one- and two-family homes fall under the city’s general rental registry and code enforcement framework: owners register with the Division of Code Enforcement, pass a code inspection, and maintain insurance. Effective September 2025, Onondaga County expanded its 7% room occupancy tax to cover STR bookings on Airbnb, VRBO, and similar platforms, and established a short-term rental registry to track the market. Population is 146,384, and Syracuse and Onondaga County draw roughly 10 million-plus visitors annually, generating close to $1 billion in economic impact, driven partly by the New York State Fair (the largest state fair in the US) and Syracuse University athletics.

In June 2026, the Syracuse STR market posted a blended ADR of $201.52 and 59.0% occupancy, with average monthly revenue of $3,191/listing. Occupancy is up 1.50 percentage points year over year and revenue is up 13.74% year over year, a notably strong revenue gain, while ADR is down slightly (0.52%).

Longer-term, annual average occupancy peaked at 60.24% in 2021 and has settled around 53-55% since 2023, while ADR climbed from $110 in 2019 to $160 in 2025 (up about 45%), holding in the high $150s to low $160s since 2022.

Tracked inventory skews toward smaller units: 1-bedroom listings are the largest segment at 39.3%, followed by 2-bedroom at 23.6%, 3-bedroom at 21.6%, 4-bedroom at 10.2%, and 5-plus-bedroom at 5.2%. Entire-place listings make up 81.0% of the market, versus 18.9% private rooms.

Seasonal Patterns

Monthly seasonal data for Syracuse, New York
MonthOccupancy
Jan46%
Feb53%
Mar53%
Apr55%
May54%
Jun57%
Jul68%
Aug70%
Sep53%
Oct51%
Nov47%
Dec49%

Month-by-month nightly rates and revenue figures for Syracuse are available to StaySTRA Pro members. Unlock with StaySTRA Pro or analyze a specific address free.

Top Short-Term Rental Operators in Syracuse

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

#OperatorListingsReviewsRating
1JackSun Place633,222★ 4.42
2Dream Living31347★ 4.73
3Evolve26521★ 4.60
4Syracuse Fine Homes251,706★ 4.89
5Copper Beech Commons141,703★ 4.74

What Kind of STR Should I Buy in Syracuse?

Revenue and nightly-rate breakdowns by bedroom count, property tier, and dwelling type for Syracuse 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 mix
ChannelShare
airbnb67.1%
vrbo5.7%
both27.1%

Investment Analysis

The full investment analysis for Syracuse — gross-yield math against current home values, plus 5-year monthly revenue, nightly-rate, and occupancy trend charts — is available to StaySTRA Pro members and updates monthly. The figures shown elsewhere on this page are the free market snapshot.

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Home Value Trends (Syracuse)

Typical home values, median sale prices, and the 10-year price trend for Syracuse 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 Syracuse — 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

Syracuse does not have a dedicated short-term rental ordinance that caps nights or mandates owner occupancy. Instead, STRs fall under two overlapping regimes. First, the city requires owners of one- and two-family rental properties to register with the Division of Code Enforcement and obtain a Rental Registry Certificate ($150), which requires passing a code inspection and maintaining insurance; failure to register can bring civil penalties (reported around $100/day) and potential criminal charges.

Second, effective September 2025, Onondaga County expanded its 7% room occupancy tax to cover short-term rentals booked through Airbnb, VRBO, and similar platforms, creating tax parity with hotels. For platform bookings, the booking sites generally collect and remit the tax automatically; owners renting outside platforms must collect and remit it themselves. The county also established a short-term rental registry to track the market, and officials signaled the rules may be revisited based on registry data. New York State separately operates a statewide short-term rental registration program.

Overall, Syracuse is a relatively open market for STR investors: no night cap and no primary-residence requirement, but registration, code inspection, and the new county occupancy tax all apply. Enforcement is rated moderate.

Market Comparison

Syracuse’s June 2026 occupancy of 59.0% runs slightly above the commonly cited US STR median of roughly 55%, while its $201.52 blended ADR sits below the roughly $220 US median, though its luxury tier ($442.23) roughly doubles the national ADR benchmark.

Syracuse’s top-tracked property managers are JackSun Place (63 listings, 3,222 reviews, 4.42 rating), Dream Living (31 listings, 347 reviews, 4.73 rating), Evolve (26 listings, 521 reviews, 4.60 rating), Syracuse Fine Homes (25 listings, 1,706 reviews, 4.89 rating), and Copper Beech Commons (14 listings, 1,703 reviews, 4.74 rating).

StaySTRA’s market_score dataset rates Syracuse’s investability at 93.2/100, well above its 81.2/100 total score, and its revenue growth at 76.4/100.

Frequently Asked Questions About Syracuse, New York

Are short-term rentals legal in Syracuse, NY?
Yes. Syracuse has no dedicated STR ordinance; operators register through the city’s Rental Registry Certificate ($150) and, since September 2025, comply with Onondaga County’s expanded 7% room occupancy tax on STR bookings.
What is the average daily rate for short-term rentals in Syracuse, NY?
Syracuse short-term rentals average $202 per night across all listing types. Nightly-rate breakdowns by property tier are available with StaySTRA Pro.
Does Syracuse require owner-occupancy for short-term rentals?
No. There is no owner-occupancy or primary-residence requirement and no annual night cap.
What is the gross yield on a Syracuse short-term rental?
Using seasonal-sum annualized revenue (about $24,888/year) against the area’s $225,918 typical home value, gross yield runs approximately 11.0%, before costs.
When is the busiest season for short-term rentals in Syracuse?
Occupancy in Syracuse peaks in Aug (70%) and is softest in Jan (46%). Month-by-month rate and revenue figures are available with StaySTRA Pro.
Who are the top short-term rental property managers in Syracuse?
JackSun Place leads with 63 listings, followed by Dream Living (31), Evolve (26), Syracuse Fine Homes (25), and Copper Beech Commons (14).
Syracuse, New YorkRev $3,191ADR $202Occ 59%Score B (81)

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Table of Contents

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Quick Facts: Syracuse

Avg Daily Rate
$202
Occupancy Rate
59%
Avg Revenue/Mo
$3,191
Population
146,384

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