Ogdensburg, New York
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Ogdensburg, New York, USA?

What is the occupancy rate of Airbnb in Ogdensburg, New York, USA?

What is the average daily rate of Airbnb in Ogdensburg, New York, USA?


Last updated on: 15th May, 2024



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USA / New york / Ogdensburg, New York
Investing in a short-term rental can be highly stable and profitable. It's stable because housing has been one of the most stable asset classes. Also, when you can't do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment's annual return is 8.5% before taxes are considered.
Without further ado, let's see if Ogdensburg, New York is good for Airbnb.
Occupancy Rate

67%

$148

Daily Rate

$35K+

Revenue (2023)

22.3%

Net Yield

11

Number of Listings
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Is Airbnb Profitable in Ogdensburg, New York ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 22.3%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don't have to pay a mortgage interest. A typical 1 bedroom listing in Ogdensburg, New York is booked for 226 nights a year, with a median occupancy rate of 62% and an average daily rate of $70. In Ogdensburg, New York, A typical host income (annual revenue) was $14,887 in 2023.

Best Areas in Ogdensburg for Airbnb

Are you wondering where to invest in Ogdensburg? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. Thousand Islands
  2. Boldt Castle
  3. Frederic Remington Art Museum
  4. Whitney Wilderness Area
  5. Frederic Remington Art Museum
  6. Minna Anthony Common Nature Center
  7. Eel Bay
  8. Oswegatchie River
  9. Remington Pond
  10. Lake of The Isles
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore Ogdensburg, New York's Airbnb Data
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