City of Binghamton Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in New York, United States
Is Airbnb profitable in City of Binghamton in 2025? Explore comprehensive Airbnb analytics for City of Binghamton, New York, United States to uncover income potential. This 2025 STR market report for City of Binghamton, based on AirROI data from April 2024 to March 2025, reveals key trends in the niche market of 78 active listings.
Whether you're considering an Airbnb investment in City of Binghamton, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the City of Binghamton Airbnb data is crucial. Leveraging the low regulation environment is key to maximizing your short term rental income potential. Let's dive into the specifics.
Key City of Binghamton Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in City of Binghamton (2025)
Understanding the monthly revenue variations for Airbnb listings in City of Binghamton is key to maximizing your short term rental income potential. Seasonality significantly impacts earnings. Our analysis, based on data from the past 12 months, shows that the peak revenue month for STRs in City of Binghamton is typically May, while March often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in City of Binghamton across different performance tiers:
- Best-in-class properties (Top 10%) achieve $4,104+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $2,523 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $1,290 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $611, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in City of Binghamton
City of Binghamton Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the City of Binghamton STR occupancy trends. Seasonal demand shifts significantly influence how often properties are booked. Typically, Augustsees the highest demand (peak season occupancy), while March experiences the lowest (low season). Effective strategies, like adjusting minimum stays or offering promotions, can boost occupancy during slower periods. Here's how different property tiers perform in City of Binghamton:
- Best-in-class properties (Top 10%) achieve 80%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 65% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 47%.
- Entry-level properties (Bottom 25%) average 24% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in City of Binghamton
Average Daily Rate (ADR) Airbnb Trends in City of Binghamton (2025)
Effective short term rental pricing strategy in City of Binghamton involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in City of Binghamton typically peaks in November and dips lowest during April. Leveraging Airbnb dynamic pricing tools or strategies based on this seasonality can significantly boost revenue. Here's a look at the typical nightly rates achieved:
- Best-in-class properties (Top 10%) command rates of $187+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $130 or more.
- Typical properties (Median) charge around $79 per night.
- Entry-level properties (Bottom 25%) earn around $38 per night.
Average Daily Rate (ADR) Trend by Month in City of Binghamton
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Airbnb Seasonality Analysis & Trends in City of Binghamton (2025)
Peak Season (May, April, October)
- Revenue averages $2,202 per month
- Occupancy rates average 47.1%
- Daily rates average $96
Shoulder Season
- Revenue averages $1,858 per month
- Occupancy maintains around 48.2%
- Daily rates hold near $100
Low Season (January, February, March)
- Revenue drops to average $1,320 per month
- Occupancy decreases to average 39.7%
- Daily rates adjust to average $99
Seasonality Insights for City of Binghamton
- The Airbnb seasonality in City of Binghamton shows moderate seasonality with distinct peak and low periods. While the sections above show seasonal averages, it's also insightful to look at the extremes:
- During the high season, the absolute peak month showcases City of Binghamton's highest earning potential, with monthly revenues capable of climbing to $2,264, occupancy reaching a high of 58.3%, and ADRs peaking at $104.
- Conversely, the slowest single month of the year, typically falling within the low season, marks the market's lowest point. In this month, revenue might dip to $1,114, occupancy could drop to 36.2%, and ADRs may adjust down to $95.
- Understanding both the seasonal averages and these monthly peaks and troughs in revenue, occupancy, and ADR is crucial for maximizing your Airbnb profit potential in City of Binghamton.
Seasonal Strategies for Maximizing Profit
- Peak Season: Maximize revenue through premium pricing and potentially longer minimum stays. Ensure high availability.
- Low Season: Offer competitive pricing, special promotions (e.g., extended stay discounts), and flexible cancellation policies. Target off-season travelers like remote workers or budget-conscious guests.
- Shoulder Seasons: Implement dynamic pricing that balances peak and low rates. Target weekend travelers or specific events. Offer slightly more flexible terms than peak season.
- Regularly analyze your own performance against these City of Binghamton seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in City of Binghamton (2025)
Exploring the top neighborhoods for short-term rentals in City of Binghamton? This section highlights key areas, outlining why they are attractive for hosts and guests, along with notable local attractions. Consider these locations based on your target guest profile and investment strategy.
| Neighborhood / Area | Why Host Here? (Target Guests & Appeal) | Key Attractions & Landmarks |
|---|---|---|
| University Town | A vibrant area near Binghamton University, attracting students and visitors year-round. Ideal for short-term rentals for students and visiting families during orientation and graduation times. | Binghamton University, Recreation Park, Everett Mansion, Roberson Museum and Science Center, The Discovery Center |
| Downtown Binghamton | The city center offers a mix of urban convenience, lively nightlife, and cultural attractions. Perfect for those looking to explore local restaurants, shops, and entertainment. | Bundy Museum of History and Art, Kirkwood Rural Cemetery, Copy of the original Old Stone House, Binghamton Theatre, The Forum Theatre |
| West Side | A charming neighborhood known for its historic homes and proximity to parks. Great for families and travelers seeking a quieter atmosphere while still close to downtown amenities. | Otsiningo Park, Broome County Veterans Memorial Arena, South Washington Street Historic District, Recreation Park |
| Endicott | Adjacent to Binghamton, this area is rich in history and offers a more suburban feel. Appeals to guests looking for a peaceful retreat with convenient access to urban attractions. | George W. Johnson Park, Cutler Botanic Garden, Endicott's Historic District, Robinson Creek |
| Johnson City | A small village neighboring Binghamton, it's known for its revitalizing downtown area and proximity to shopping and dining. An excellent choice for guests wanting a blend of community feel and access to attractions. | Johnson City Senior Center, The Forum Theatre, Binghamton University Art Museum, Marcels Theatre, Parkview Park |
| Chenango Bridge | A picturesque community south of Binghamton, ideal for nature lovers looking for scenic views and outdoor activities, while still being close to urban conveniences. | Chenango River, Flying Horse Park, Chenango Bridge Park, local dining options |
| Broome County | Offering a more rural setting just outside Binghamton, it's perfect for guests seeking peaceful surroundings while being a short drive from city attractions and outdoor activities. | Chenango County Parks, Broome County Park, local farms and markets, hiking trails |
| Vestal | A suburban option that's family-friendly and has easy access to Binghamton. Hosts visitors to the nearby university and draws business travelers as well. | Vestal Rail Trail, Vestal Center, Binghamton University Nature Preserve, local dining and shopping areas |
Understanding Airbnb License Requirements & STR Laws in City of Binghamton (2025)
While City of Binghamton, New York, United States currently shows low STR regulations, specific Airbnb license requirements might still exist or change. Always verify the latest short term rental regulations and Airbnb license requirements directly with local government authorities for City of Binghamton to ensure full compliance before hosting.
(Source: AirROI data, 2025, finding no licensed listings among those analyzed)
Top Performing Airbnb Properties in City of Binghamton (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in City of Binghamtonbased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Binghamton's Beautiful Riverside Drive Living!
Entire Place • 4 bedrooms
Renovated West Side Apt!
Entire Place • 2 bedrooms
Family Time
Entire Place • 4 bedrooms
Rainbow House Retreat
Entire Place • 3 bedrooms
Spacious 3 BR near everything
Entire Place • 3 bedrooms
Central Location! Free Laundry & Parking RiverView
Entire Place • 2 bedrooms
Note: Performance varies based on location, size, amenities, seasonality, and management quality. Data reflects the past 12 months.
Top Performing Airbnb Hosts in City of Binghamton (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in City of Binghamton based on the number of properties managed and estimated total revenue over the past year. Analyze their scale and performance metrics.
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Binghomes | 8 | $172,411 | 363 | 4.91/5.0 |
| Maureen | 3 | $91,252 | 248 | 4.98/5.0 |
| Nicholas | 2 | $79,851 | 24 | 4.97/5.0 |
| Adriene | 4 | $79,366 | 38 | 4.95/5.0 |
| Owen | 2 | $55,196 | 132 | 4.92/5.0 |
| Cristina | 1 | $51,635 | 6 | 5.00/5.0 |
| P | 1 | $47,873 | 25 | 4.92/5.0 |
| Taina | 11 | $45,422 | 73 | 3.85/5.0 |
| Roger | 2 | $42,256 | 1637 | 4.73/5.0 |
| Jordan | 1 | $40,184 | 4 | 4.75/5.0 |
Analyzing the strategies of top hosts, such as their property selection, pricing, and guest communication, can offer valuable lessons for optimizing your own Airbnb operations in City of Binghamton.
Dive Deeper: Advanced City of Binghamton STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for City of Binghamton. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsCity of Binghamton Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for City of Binghamton
- The City of Binghamton Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 57.7% of the 78 active rentals. This indicates strong guest preference for privacy and space.
- However, a notable 42.3% share for Private Rooms suggests opportunities for budget-conscious travelers or hosts renting out spare rooms.
- Looking at the property type distribution in City of Binghamton, House properties are the most common (56.4%), reflecting the local real estate landscape.
- Houses represent a significant 56.4% portion, catering likely to families or larger groups.
City of Binghamton Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for City of Binghamton
- The dominant room capacity in City of Binghamton is 2 bedrooms listings, making up 32.1% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 2 bedrooms and 1 bedroom properties represent 50.0% of the active Airbnb listings in City of Binghamton, indicating a high concentration in these sizes.
- A significant 25.7% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in City of Binghamton.
City of Binghamton Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for City of Binghamton
- The most common guest capacity trend in City of Binghamton vacation rentals is listings accommodating 4 guests (21.8%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 2 guests dominate the City of Binghamton STR market, accounting for 42.3% of listings.
- 21.8% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in City of Binghamton.
- On average, properties in City of Binghamton are equipped to host 3.0 guests.
City of Binghamton Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for City of Binghamton
- The most common availability pattern in City of Binghamton falls within the 271-366 days range, representing 38.5% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 71.8% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 91-180 days range is most frequent in City of Binghamton (30.8%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 30.8% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
City of Binghamton Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
11 listings
16.2% of total
2 Nights
33 listings
48.5% of total
3 Nights
4 listings
5.9% of total
4-6 Nights
3 listings
4.4% of total
7-29 Nights
12 listings
17.6% of total
30+ Nights
5 listings
7.4% of total
Key Insights
- The most prevalent minimum stay requirement in City of Binghamton is 2 Nights, adopted by 48.5% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (64.7%) of the City of Binghamton Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 48.5% of City of Binghamton hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 16.2% currently do.
- A 2-night minimum appears standard (48.5%). Consider this for weekends or peak periods.
- Explore offering discounts for stays of 30+ nights to attract the 7.4% of the market seeking extended stays.
- Adjust minimum nights based on seasonality – potentially shorter during low season and longer during peak demand periods in City of Binghamton.
City of Binghamton Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
17 listings
27.9% of total
Moderate
12 listings
19.7% of total
Firm
13 listings
21.3% of total
Strict
19 listings
31.1% of total
Cancellation Policy Insights for City of Binghamton
- The prevailing Airbnb cancellation policy trend in City of Binghamton is Strict, used by 31.1% of listings.
- A majority (52.4%) of hosts in City of Binghamton utilize Firm or Strict policies, indicating a market where hosts prioritize booking security.
Recommendations for Hosts
- Consider adopting a Strict policy to align with the 31.1% market standard in City of Binghamton.
- With 31.1% using Strict terms, this is a viable option in City of Binghamton, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in City of Binghamton.
City of Binghamton STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for City of Binghamton
- The overall average booking lead time for vacation rentals in City of Binghamton is 32 days.
- Guests book furthest in advance for stays during May (average 69 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in January (average 15 days), indicating more last-minute travel plans during this time.
- Seasonally, Spring (43 days avg.) sees the longest lead times, while Winter (23 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (32 days) as a baseline for your pricing and availability strategy in City of Binghamton.
- For May stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 69 days out to capitalize on advance planning.
- Target marketing efforts for the Spring season well in advance (at least 43 days) to capture early planners.
- Monitor your own booking lead times against these City of Binghamton averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in City of Binghamton (2025)
Amenity Prevalence
Amenity Insights for City of Binghamton
- Essential amenities in City of Binghamton that guests expect include: Wifi, Heating. Lacking these (any) could significantly impact bookings.
- Popular amenities like Hot water, Smoke alarm, Kitchen are common but not universal. Offering these can provide a competitive edge.
Recommendations for Hosts
- Ensure your listing includes all essential amenities for City of Binghamton: Wifi, Heating.
- Prioritize adding missing essentials: Wifi, Heating.
- Consider adding popular differentiators like Hot water or Smoke alarm to increase appeal.
- Highlight unique or less common amenities you offer (e.g., hot tub, dedicated workspace, EV charger) in your listing description and photos.
- Regularly check competitor amenities in City of Binghamton to stay competitive.
City of Binghamton Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for City of Binghamton
- The typical guest profile for Airbnb in City of Binghamton consists of primarily domestic travelers (93%), often arriving from nearby New York, typically belonging to the Post-2000s (Gen Z/Alpha) group (50%), primarily speaking English or Spanish.
- Domestic travelers account for 93.3% of guests.
- Key international markets include United States (93.3%) and Canada (3.4%).
- Top languages spoken are English (65.5%) followed by Spanish (11.6%).
- A significant demographic segment is the Post-2000s (Gen Z/Alpha) group, representing 50% of guests.
Recommendations for Hosts
- Target domestic marketing efforts towards travelers from New York and Rochester.
- Tailor amenities and listing descriptions to appeal to the dominant Post-2000s (Gen Z/Alpha) demographic (e.g., highlight fast WiFi, smart home features, local guides).
- Highlight unique local experiences or amenities relevant to the primary guest profile.
- Consider seasonal promotions aligned with peak travel times for key origin markets.
Nearby Short-Term Rental Market Comparison
How does the City of Binghamton Airbnb market stack up against its neighbors? Compare key performance metrics like average monthly revenue, ADR, and occupancy rates in surrounding areas to understand the broader regional STR landscape.
| Market | Active Properties | Monthly Revenue | Daily Rate | Avg. Occupancy |
|---|---|---|---|---|
| Berlin Township | 15 | $9,384 | $663.27 | 35% |
| Town of Trenton | 11 | $8,040 | $458.56 | 54% |
| Frankford Township | 10 | $6,656 | $501.80 | 45% |
| Penn Estates | 58 | $6,479 | $386.94 | 50% |
| Town of Kingston | 13 | $6,045 | $436.18 | 49% |
| Town of Otisco | 19 | $5,936 | $404.67 | 44% |
| Foster Township | 20 | $5,841 | $420.22 | 38% |
| Stroud Township | 122 | $5,734 | $420.52 | 44% |
| Town of Monroe | 23 | $5,561 | $686.61 | 33% |
| Town of Newburgh | 38 | $5,133 | $403.60 | 44% |