Is Airbnb legal in Buffalo?

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Buffalo, United States Airbnb Rules & Regulations

Last updated on: 19th September, 2024

Don’t worry, Airbnb is legal in Buffalo!
Here are some statistics! As of 19th September, 2024, there are 1,005 listings available in Buffalo from Airbnb alone. Out of 1,005 listings, 0% of listings have short-term rental licenses. Most listings are operating without official license. It means short-term rental regulation isn't strictly enforced in Buffalo.
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Map
Occupancy Rate

59%

$129

Daily Rate

$27K

Revenue (2023)

1,005

Number of Listings

Short-term Rental Regulation & Rules in Buffalo

In Buffalo, New York, short-term rental hosts must adhere to specific regulations established by the city to ensure compliance and safety. Since an update in November 2019, the following key points summarize the requirements for Airbnb hosts in Buffalo:

  1. Registration: All short-term rental properties must be registered with the Department of Permits and Inspections Services. This includes submitting a business license application.

  2. Fees:

    • For owner-occupied rentals, the initial registration fee is $150, followed by a $75 annual renewal fee.
    • For non-owner-occupied rentals, hosts must obtain a special use permit, with a registration fee of $250 and an annual renewal fee of $150.
    • Owners living outside Erie County must designate a local contact.
  3. Insurance Requirements: Hosts are required to maintain a minimum of $1 million in liability insurance, ensuring adequate coverage for risks associated with short-term rentals.

These regulations reflect Buffalo's aim to manage short-term rentals effectively while allowing homeowners to participate in the vacation rental market. Compliance with these rules is crucial for hosts to operate legally and sustainably in the city.

Airbnb Statistics in Buffalo! 🚀

Currently, there are 1005 Airbnb listings in Buffalo. The Average Occupancy Rate in Buffalo is 59% and the average daily rate is $129. According to vacation rental market data source Airbtics, average revenue in Buffalo is up to $27,006 each year.
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