Is it profitable to do Airbnb in Syracuse, United States?

What is the occupancy rate of Airbnb in Syracuse, United States?

What is the average daily rate of Airbnb in Syracuse, United States?

United States

Syracuse, Airbnb Market Statistics & Data, United States

A typical short-term rental listing in Syracuse is booked for 219 nights a year, with a median occupancy rate of 60% and an average daily rate of $110. In 2023, a typical host income (annual revenue) was $25K. As of 12th September, 2024, there are 452 active Airbnb listings.

Average Revenue: $25K/yr
Occupancy Rate
60%
Avg Daily Rate
$110
Mid Scale
No. of Listings
625
Small
Regulation
Lenient
Best Month
August
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$1,498
Average
$1,943
High
$2,928



Is Airbnb Profitable in Syracuse?

Yes, there is good short-term rental demand. A 60% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! 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 rental investment typically is double the amount of traditional rentals.

Starting an Airbnb in Syracuse

Short-term rental regulation is lenient in Syracuse. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Syracuse
A typical listing recorded a 60% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 60%
452 Active Listings
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Explore Syracuse's Airbnb Data ⟶
market map image
Best Areas in Syracuse for Airbnb
Are you wondering where to invest in Syracuse? Look no further!
  1. Downtown Syracuse
  2. Armory Square
  3. Erie Canal Museum
  4. Carrier Dome
  5. The Landmark Theatre
  6. Everson Museum of Art
  7. Onondaga Lake Park
  8. Rosamond Gifford Zoo
  9. Destiny USA
  10. Clinton Square
Top demand Airbnb in Syracuse
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 452 listings.
listing_image
Entire home & 5 Bed
⭐5.0 (3)
Big, Beautiful Cuse Getaway
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$421
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (20)
Thoughtfully Designed and Fully Equipped
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$125
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (64)
Spacious bedroom with private bathroom
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$105
Daily Rate
View Listing
listing_image
Entire home & 3 Bed
⭐5.0 (131)
BEST coffee bar, less than 10 min from SU, Dome.
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$127
Daily Rate
View Listing
listing_image
Private room & 1 Bed
⭐5.0 (227)
cozy bedroom with en-suite bathroom
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$105
Daily Rate
View Listing
listing_image
Entire home & 2 Bed
⭐5.0 (60)
Fully Equipped Home- Near SU
$12,345
Revenue Potential
234
Days Available
$121,345
Revenue
74%
Occupancy Rate
$173
Daily Rate
View Listing
See 452 listing Statistics
Professional Short-term rental property managers in Syracuse
We've compiled a list of host profiles that manage the most Airbnb properties in Syracuse. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
NameListingsRatingRevenue
Jeffrey184.9★$1,23,234
Dream Living314.9★$1,23,234
JackSun464.6★$1,23,234
Nimo84.8★$1,23,234
Darya104.7★$1,23,234
Other short-term rental market data in Syracuse
Here is a breakdown of short-let properties in Syracuse. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type


Cancelation Policy Type


By Channel Type
Accurate and Actionable Data At Your Fingertips!

See 452 listing Statistics