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  4. Syracuse

Syracuse, New York

Short-Term Rental Market Data & Investment Analysis

Syracuse, New York Short-Term Rental Market

Syracuse STRs averaged $226/night at 65.8% occupancy, with $4,052 monthly revenue in August 2026.

Quick Answer: Syracuse, New York is an active short-term rental market. average occupancy is 53%. average monthly revenue is $2,821. average daily rate is $192. the top operator in Syracuse is JackSun Place with 63 listings. market score is 81/100 (grade B).

Avg Monthly Revenue
$2,821
↑ 20.2% YoY
53%
Occupancy
↑ 3.4% YoY
$192
Avg Daily Rate
↑ 13.7% YoY
66 days avg lead time4.3 avg length of stay

Market Score Breakdown

Five dimensions StaySTRA evaluates per market.

Regulation56
Seasonality69
Investability93
Rental Demand75
Revenue Growth76

Market Overview

Syracuse short-term rentals posted an average daily rate (ADR) of $226 and 65.8% occupancy in August 2026, the newest month in the data. Average monthly revenue per listing reached $4,052. Compared with August 2025, occupancy fell 6.2%, ADR rose 5.9%, and revenue rose 0.7%. Higher rates offset softer demand, so revenue held nearly flat. The city has 146,384 residents. Visit Syracuse reports roughly 10 million annual visitors across Onondaga County. Demand centers on the New York State Fair, Syracuse University athletics at the JMA Wireless Dome, Destiny USA, and outdoor recreation around Onondaga Lake. Other draws include the Erie Canal Museum and Onondaga Lake Park. Over the full data history, the busiest months are July and August, when occupancy averages 68.1% and 70.0%. January is the weakest month at 46.1%. Annual averages show the longer trend. Occupancy was 60.2% in 2021, 55.3% in 2025, and 57.2% across the first eight months of 2026. ADR climbed from $137 in 2021 to $160 in 2025 and $176 so far in 2026. The listing-type mix, bedroom mix, and top property managers for Syracuse are tracked at a shared regional level rather than uniquely for Syracuse, so this profile omits them.

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 allows short-term rentals and has no cap on nights and no owner-occupancy or primary-residence requirement. Owners of one- and two-unit residential rental properties must register with the Division of Code Enforcement and obtain a Rental Registry Certificate. The reported fee is $150. The certificate requires a code inspection, renewed roughly every three years or upon sale, and proof of insurance. Failure to register can bring civil penalties reported at around $100 per day and possible criminal charges. In September 2025, the Onondaga County Legislature expanded its 7% room occupancy tax to cover short-term rentals and set up a county short-term rental registry. Booking platforms such as Airbnb and VRBO generally collect and remit this tax. Owners who rent outside platforms must collect and remit it themselves. The county expects about $1 million in new yearly revenue and signaled the policy may be revisited in 2026 based on registry data. New York State also runs a statewide short-term rental registration program. Syracuse has no stand-alone STR zoning ordinance, and enforcement severity is rated moderate. Owners should confirm the current fee, renewal terms, and registry steps before listing, because the county signaled changes. Confirm property-specific zoning with the Division of Code Enforcement at 315-448-8695.

Market Comparison

Syracuse compares well with national STR norms in peak season and trails them over a full year. A common benchmark is about 55% occupancy and a $220 ADR. August 2026 occupancy of 65.8% is above that mark, and the $226 ADR is slightly above it. The 2025 annual averages tell a different story. Occupancy was 55.3%, level with the benchmark, and ADR was $160, well below $220. Syracuse is a lower-rate, lower-cost market, which is why the gross yield of about 11.1% on a $225,918 typical home value stands out. The listing-type mix, channel mix, and top property managers for Syracuse are tracked at a shared regional level rather than uniquely for the city, so this profile omits them. Syracuse trails the benchmark on rate for most of the year, so occupancy and event timing matter more than ADR for the annual result. Investors should compare any specific property against the all-listings figures, then against the professionally managed tier at $250 ADR.

Frequently Asked Questions About Syracuse, New York

What is the average Airbnb nightly rate in Syracuse?
The average daily rate for Syracuse short-term rentals was $226 in August 2026. The 2025 annual average was $160. Entire homes averaged $263 and luxury listings averaged $495 in August 2026.
What is the occupancy rate for Syracuse short-term rentals?
Occupancy was 65.8% in August 2026. Across the full data history, August averages 70.0% and January averages 46.1%. The 2025 annual average was 55.3%.
How much do Syracuse Airbnb hosts earn per month?
Across all listing types, Syracuse short-term rentals average $2,821 per month. Breakdowns by property type, bedroom count, and season are available with StaySTRA Pro, or run a free address-level estimate with the StaySTRA Analyzer.
Do you need a permit to run an STR in Syracuse?
Yes. Owners of one- and two-unit rentals must register with the Division of Code Enforcement for a Rental Registry Certificate. The reported fee is $150 and an inspection is required. Syracuse has no night cap and no primary-residence rule.
What occupancy tax applies to Syracuse short-term rentals?
Onondaga County applies a 7% room occupancy tax to short-term rentals since September 2025. Booking platforms generally collect it. Owners who book outside platforms must collect and remit it themselves.
What is the typical home price in Syracuse for an STR investor?
The typical home value is $225,918 as of June 2026. The median sale price is $203,633. Homes sell at 0.959 of list price and reach pending in a median of 6 days.
When is the best time to rent out a property 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.
Syracuse, New YorkRev $2,821ADR $192Occ 53%Score B (81)

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Table of Contents

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Quick Facts: Syracuse

Avg Daily Rate
$192
Occupancy Rate
53%
Avg Revenue/Mo
$2,821
Population
146,384

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