Airbnb Market Analytics, Statistics and Data in City of Albany, New York, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in City of Albany? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in City of Albany:
How much do Airbnb hosts make on average per month in City of Albany?
The short-term rental market in City of Albany shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $1,680 per month
- Strong performing properties (top 25%) make $2,699 or more
- Best-in-class properties (top 10%) achieve $3,842+ monthly
- Entry-level properties (bottom 25%) typically earn around $890
Revenue Variations by Month
Occupancy Rates Throughout the Year in City of Albany
The market in City of Albany shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 45% occupancy rates
- Strong performing properties (top 25%) achieve 67% or higher
- Best-in-class properties (top 10%) reach 85%+occupancy
- Entry-level properties (bottom 25%) average around 25%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in City of Albany
Daily rates in City of Albany vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $107 per night
- Strong performing properties (top 25%) secure $141 or more
- Best-in-class properties (top 10%) pull in $200+ per night
- Entry-level properties (bottom 25%) earn around $77
Daily Rate Variations by Month
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Seasonality patterns in City of Albany
Peak Season (June, July, August)
- Revenue peaks at $2682.79 per month
- Occupancy rates reach 57.66%
- Daily rates average $132.16
Shoulder Season
- Revenue averages $2117.56 per month
- Occupancy maintains 46.70%
- Daily rates hold at $128.36
Low Season (November, December, January)
- Revenue drops to $1520.18 per month
- Occupancy decreases to 36.97%
- Daily rates adjust to $122.26
Is it still profitable to do Airbnb in City of Albany in 2025?
Yes! City of Albany demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 47% and solid monthly revenue averaging $2118 and With 312 active listings, the market shows established demand while maintaining room for growth. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in City of Albany
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Albany | The heart of the city, offering a mix of business, shopping, and cultural experiences. Great for both tourists and business travelers, with easy access to major attractions and transportation hubs. | New York State Capitol, Albany Institute of History & Art, Empire State Plaza, Times Union Center, Albany City Hall |
| Pine Hills | A residential neighborhood known for its historic homes and proximity to the University at Albany. Ideal for hosting students and visitors attending university events. | University at Albany, Albany Pine Bush Preserve, Washington Park, The Lark Street District |
| Hudson Park | A charming neighborhood along the Hudson River, known for its scenic views and parks. Attracts visitors looking for a relaxing, nature-oriented stay close to the city. | Corning Preserve, Hudson River Park, Albany's South End, The Erie Canalway Trail |
| North Albany | An up-and-coming area with a mix of industrial and residential spaces. Perfect for visitors seeking a unique vibe away from the tourist spots yet close to downtown. | Albany AquaDuck Tours, Crossgates Mall, New York State Museum, The Egg |
| Delaware Avenue | A vibrant neighborhood filled with restaurants, cafes, and shops. Great for those who enjoy a walkable area with local flavor and accessibility to parks. | The Colonie Center, Thacher State Park, Capitol Park, Great Western Staircase |
| Lark Street | Known for its artsy vibe, Lark Street is lined with shops, bars, and restaurants. A favorite among younger crowds and those looking for nightlife. | Lark Street Historic District, The Capital Rep, local art galleries and shops, Farmers Market |
| Albany County Rail Trail | Perfect for outdoor enthusiasts, featuring scenic trails for walking and biking. An ideal spot for those looking for active recreational opportunities. | Albany County Rail Trail, Pine Bush Nature Preserve, local parks, outdoor events and festivals |
| East Side | A historically rich area with beautiful architecture and diverse culture. Attracts visitors interested in history and local culture. | Historic Cherry Hill, Albany's historic homes, The Emma Willard House, local community events |
Do you need a license for Airbnb in City of Albany?
We recommend checking directly with City of Albany's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in City of Albany
One-of-a-Kind Luxe Urban Farmhouse w/ Heated Pool
Entire Place • 4 bedrooms
Massive 5BD/4BA 3-Story Duplex @ Downtown Albany
Entire Place • 5 bedrooms
Modern Cottage-Perfect for Families!
Entire Place • 4 bedrooms
Victorian Mansion on Washington Park
Private Room • 7 bedrooms
Boho-Chic Cape Conveniently Located
Entire Place • 5 bedrooms
Massive 4BD/3BA 2-Fl Townhouse Apt Downtown Albany
Entire Place • 4 bedrooms
Top Performing Professional Hosts in City of Albany
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Diana | 26 | $522,453 | 1821 | 4.79/5.0 |
| Earl | 7 | $373,943 | 2254 | 4.69/5.0 |
| Thomas | 10 | $314,674 | 670 | 4.95/5.0 |
| Peter | 7 | $234,262 | 441 | 4.95/5.0 |
| Linda | 16 | $228,822 | 1030 | 4.68/5.0 |
| Terra | 6 | $216,316 | 46 | 4.54/5.0 |
| Scott | 7 | $156,679 | 434 | 2.77/5.0 |
| Allen | 8 | $151,862 | 617 | 4.86/5.0 |
| Rodney | 6 | $150,664 | 105 | 4.94/5.0 |
| Erion | 8 | $142,463 | 392 | 4.85/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in City of Albany
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (76.3%), with apartment & condo and house properties comprising 95.5% of inventory
- Untapped potential in others, boutique & hotels segments (4.5% combined)
Room Capacity Distribution
Analysis of 312 properties in City of Albany shows that 1 bedroom properties are most prevalent, making up 40.4% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 60.9% of all listings.
Key Insights
- Most common: 1 bedroom (40.4%)
- Least common: 5+ bedrooms (1.9%)
- Market concentration: 60.9% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 312 properties in City of Albany reveals that 2 guests properties dominate the market, representing 26% of all listings. The average property accommodates 3.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 4 guests make up 44.9% of the market.
Key Insights
- Most common capacity: 2 guests (26% of market)
- Least common capacity: 7 guests (1.9% of market)
- Average guest capacity: 3.1 guests per property
- Market concentration: 44.9% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 312 properties in City of Albany, the most common availability pattern is 181-270 days (32.1% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (33% of properties).
Key Insights
- Most common availability window: 181-270 days (32.1%)
- Most common booking duration: 91-180 days (33%)
- Properties with high availability (180+ days): 60.6%
- Properties with long-term bookings (180+ days): 41.0%
Minimum Stay Distributions
1 Night
141 listings
49.6% of total
2 Nights
66 listings
23.2% of total
3 Nights
23 listings
8.1% of total
4-6 Nights
12 listings
4.2% of total
7-29 Nights
31 listings
10.9% of total
30+ Nights
11 listings
3.9% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 72.8%
- Mid-length stays (4-6 nights) represent 4.2% of listings
- Monthly+ stays (3.9%) suggest a stable extended-stay market
- High market flexibility with 80.9% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 60 Days
1 listings
0.4% of total
Flexible
71 listings
25.9% of total
Moderate
102 listings
37.2% of total
Firm
41 listings
15% of total
Strict
59 listings
21.5% of total
Key Insights
- Moderate is the preferred policy at 37.2% of listings
- Guest-friendly policies (Flexible & Moderate) dominate at 63.1% of the market
- Strong market consensus around Moderate policies
- Super Strict 60 Days policies are least common at 0.4% of listings
Recommendations
- Consider starting with a Moderate policy to align with market preferences
- Strong market preference for Moderate policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, May, Jun, averaging 53 days
- Shortest booking windows are in Aug, Dec, Jan, averaging 28 days
- Summer shows the longest average booking window at 46 days, while Winter has the shortest at 28 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 46 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Aug-Jan when lead times are shortest
Popular Airbnb Amenities in City of Albany
Every property in City of Albany comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 88.4% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (4.6%) and United Kingdom (1.1%)
- English is the top language at 73.4%, followed by Spanish (13.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.4%
Recommendations
- Target marketing campaigns for New York and Albany markets
- Develop localized content for Canada and United Kingdom
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding City of Albany. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Middletown Springs | 11 | $8,930 | $561.90 | 38% |
| Town of Kingston | 11 | $8,281 | $500.11 | 49% |
| Frankford Township | 10 | $7,076 | $504.38 | 44% |
| Town of Stuyvesant | 11 | $6,822 | $515.82 | 41% |
| Brookfield | 14 | $6,762 | $517.20 | 50% |
| Town of Niskayuna | 11 | $6,323 | $506.30 | 47% |
| Town of Pawling | 16 | $6,299 | $363.35 | 58% |
| Fort Ann | 26 | $6,226 | $760.85 | 39% |
| Town of East Hampton | 1,437 | $6,201 | $979.48 | 37% |
| Town of Monroe | 24 | $6,190 | $693.85 | 36% |
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