City of Ithaca Airbnb Market Analysis 2025: Short Term Rental Data & Vacation Rental Statistics in New York, United States
Is Airbnb profitable in City of Ithaca in 2025? Explore comprehensive Airbnb analytics for City of Ithaca, New York, United States to uncover income potential. This 2025 STR market report for City of Ithaca, based on AirROI data from April 2024 to March 2025, reveals key trends in the market of 292 active listings.
Whether you're considering an Airbnb investment in City of Ithaca, optimizing your existing vacation rental, or exploring rental arbitrage opportunities, understanding the City of Ithaca 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 Ithaca Airbnb Performance Metrics Overview
Monthly Airbnb Revenue Variations & Income Potential in City of Ithaca (2025)
Understanding the monthly revenue variations for Airbnb listings in City of Ithaca 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 Ithaca is typically May, while February often presents the lowest earnings, highlighting opportunities for strategic pricing adjustments during shoulder and low seasons. Explore the typical Airbnb income in City of Ithaca across different performance tiers:
- Best-in-class properties (Top 10%) achieve $7,272+ monthly, often utilizing dynamic pricing and superior guest experiences.
- Strong performing properties (Top 25%) earn $4,623 or more, indicating effective management and desirable locations/amenities.
- Typical properties (Median) generate around $2,884 per month, representing the average market performance.
- Entry-level properties (Bottom 25%) see earnings around $1,656, often with potential for optimization.
Average Monthly Airbnb Earnings Trend in City of Ithaca
City of Ithaca Airbnb Occupancy Rate Trends (2025)
Maximize your bookings by understanding the City of Ithaca 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 Ithaca:
- Best-in-class properties (Top 10%) achieve 85%+ occupancy, indicating high desirability and potentially optimized availability.
- Strong performing properties (Top 25%) maintain 73% or higher occupancy, suggesting good market fit and guest satisfaction.
- Typical properties (Median) have an occupancy rate around 52%.
- Entry-level properties (Bottom 25%) average 31% occupancy, potentially facing higher vacancy.
Average Monthly Occupancy Rate Trend in City of Ithaca
Average Daily Rate (ADR) Airbnb Trends in City of Ithaca (2025)
Effective short term rental pricing strategy in City of Ithaca involves understanding monthly ADR fluctuations. The Average Daily Rate (ADR) for Airbnb in City of Ithaca typically peaks in August and dips lowest during January. 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 $519+ per night, often due to premium features or locations.
- Strong performing properties (Top 25%) achieve nightly rates of $293 or more.
- Typical properties (Median) charge around $172 per night.
- Entry-level properties (Bottom 25%) earn around $110 per night.
Average Daily Rate (ADR) Trend by Month in City of Ithaca
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Airbnb Seasonality Analysis & Trends in City of Ithaca (2025)
Peak Season (May, August, June)
- Revenue averages $5,120 per month
- Occupancy rates average 54.3%
- Daily rates average $270
Shoulder Season
- Revenue averages $3,848 per month
- Occupancy maintains around 55.0%
- Daily rates hold near $256
Low Season (January, February, March)
- Revenue drops to average $2,190 per month
- Occupancy decreases to average 42.6%
- Daily rates adjust to average $234
Seasonality Insights for City of Ithaca
- The Airbnb seasonality in City of Ithaca shows highly seasonal trends requiring careful strategy. 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 Ithaca's highest earning potential, with monthly revenues capable of climbing to $5,239, occupancy reaching a high of 66.6%, and ADRs peaking at $273.
- 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 $2,093, occupancy could drop to 42.1%, and ADRs may adjust down to $232.
- 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 Ithaca.
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 Ithaca seasonality benchmarks and adjust your pricing and availability strategy accordingly.
Best Areas for Airbnb Investment in City of Ithaca (2025)
Exploring the top neighborhoods for short-term rentals in City of Ithaca? 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 |
|---|---|---|
| Downtown Ithaca | The heart of Ithaca known for its vibrant community, shops, and restaurants. It attracts both tourists and business travelers, making it a prime location for Airbnb hosts. | Ithaca Commons, Sciencenter, Cascadilla Gorge Trail, Downtown Ithaca Riverwalk, The State Theatre of Ithaca |
| Collegetown | A lively neighborhood adjacent to Cornell University, popular with students and visitors. Ideal for investors targeting university-related stays during the academic year. | Cornell University, Collegetown Bagels, B03 Apartment, The Cornell Store, Collegetown Ciderworks |
| Northside | A residential area with a mix of families and students, Northside offers a quieter experience while still being close to downtown and the university. | Northside Park, Ithaca Farmers Market, The Hangar Theatre, The Shops at Ithaca Mall |
| West Hill | A suburban area with beautiful views and access to natural attractions. Perfect for travelers seeking a more relaxed atmosphere outside the city center. | Buttermilk Falls State Park, Dix Park, Ithaca Reservoir |
| South Hill | Another residential neighborhood close to the university, offering scenic views and a friendly community feel, great for families visiting the area. | Ithaca High School, Ithaca Hospital, Cayuga Lake | Scenic Route |
| Cayuga Waterfront | Known for its beautiful waterfront and views of Cayuga Lake, this area attracts visitors looking to enjoy nature and outdoor activities. | Cayuga Lake, Cass Park, Waterfront Trail, Ithaca Boat Launch |
| East Hill | A more secluded area with access to hiking trails and parks, appealing to nature lovers and those looking for a peaceful retreat. | Cornell Botanic Gardens, Buffalo Street Books, Cayuga Nature Center |
| Trumansburg | A small village near Ithaca, offering an idyllic setting and a more relaxed vibe. It's great for travelers looking for a charming getaway close to nature. | Taughannock Falls State Park, Taughannock Falls, Trumansburg Shur-Save, Downtown Trumansburg |
Understanding Airbnb License Requirements & STR Laws in City of Ithaca (2025)
While City of Ithaca, 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 Ithaca to ensure full compliance before hosting.
(Source: AirROI data, 2025, based on 0% licensed listings)
Top Performing Airbnb Properties in City of Ithaca (2025)
Benchmark your potential! Explore examples of top-performing Airbnb properties in City of Ithacabased on Trailing Twelve Month (TTM) revenue. Analyze their characteristics, revenue, occupancy rate, and ADR to understand what drives success in this market.
Chic Mansion
Entire Place • 6 bedrooms
1890s Italianate - perfect for groups
Entire Place • 5 bedrooms
Walk to Campus from this Gorge-Side Historic Home
Entire Place • 4 bedrooms
Historic 7 Bedroom Mansion at Fountain Place
Entire Place • 7 bedrooms
Collegetown Craftsman w/ BBQ, Firepit, Hottub
Entire Place • 4 bedrooms
Inlet Gem: Celebrate & Rejuvenate
Entire Place • 3 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 Ithaca (2025)
Learn from the best! This table showcases top-performing Airbnb hosts in City of Ithaca 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 |
|---|---|---|---|---|
| JackSun | 28 | $740,833 | 1749 | 4.52/5.0 |
| Hadi | 12 | $533,953 | 1782 | 4.64/5.0 |
| Isabel & Zac | 3 | $396,745 | 605 | 4.98/5.0 |
| Christy | 6 | $393,281 | 631 | 4.89/5.0 |
| Jenna | 7 | $354,967 | 205 | 4.90/5.0 |
| Diane | 5 | $350,314 | 124 | 4.85/5.0 |
| Sarah | 6 | $301,780 | 759 | 4.94/5.0 |
| Ryan | 5 | $263,843 | 246 | 4.94/5.0 |
| Yuan | 2 | $173,724 | 134 | 4.96/5.0 |
| Host #52318120 | 1 | $168,096 | 26 | 4.92/5.0 |
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 Ithaca.
Dive Deeper: Advanced City of Ithaca STR Market Data (2025)
Ready to unlock more insights? AirROI provides access to advanced metrics and comprehensive Airbnb data for City of Ithaca. Explore detailed analytics beyond this report to refine your investment strategy, optimize pricing, and maximize your vacation rental profits.
Explore Advanced MetricsCity of Ithaca Short-Term Rental Market Composition (2025): Property & Room Types
Room Type Distribution
Property Type Distribution
Market Composition Insights for City of Ithaca
- The City of Ithaca Airbnb market composition is heavily skewed towards Entire Home/Apt listings, which make up 81.5% of the 292 active rentals. This indicates strong guest preference for privacy and space.
- Looking at the property type distribution in City of Ithaca, House properties are the most common (54.1%), reflecting the local real estate landscape.
- Houses represent a significant 54.1% portion, catering likely to families or larger groups.
- Smaller segments like hotel/boutique, others (combined 5.2%) offer potential for unique stay experiences.
City of Ithaca Airbnb Room Capacity Analysis (2025): Bedroom Distribution
Distribution of Listings by Number of Bedrooms
Room Capacity Insights for City of Ithaca
- The dominant room capacity in City of Ithaca is 1 bedroom listings, making up 32.9% of the market. This suggests a strong demand for properties suitable for couples or solo travelers.
- Together, 1 bedroom and 3 bedrooms properties represent 53.4% of the active Airbnb listings in City of Ithaca, indicating a high concentration in these sizes.
- A significant 32.5% of listings offer 3+ bedrooms, catering to larger groups and families seeking more space in City of Ithaca.
City of Ithaca Vacation Rental Guest Capacity Trends (2025)
Distribution of Listings by Guest Capacity
Guest Capacity Insights for City of Ithaca
- The most common guest capacity trend in City of Ithaca vacation rentals is listings accommodating 4 guests (22.6%). This suggests the primary traveler segment is likely small families or groups.
- Properties designed for 4 guests and 8+ guests dominate the City of Ithaca STR market, accounting for 38.4% of listings.
- 33.2% of properties accommodate 6+ guests, serving the market segment for larger families or group travel in City of Ithaca.
- On average, properties in City of Ithaca are equipped to host 4.1 guests.
City of Ithaca Airbnb Booking Patterns (2025): Available vs. Booked Days
Available Days Distribution
Booked Days Distribution
Booking Pattern Insights for City of Ithaca
- The most common availability pattern in City of Ithaca falls within the 91-180 days range, representing 35.3% of listings. This suggests many properties have significant open periods on their calendars.
- Approximately 55.1% of listings show high availability (181+ days open annually), indicating potential for increased bookings or specific owner usage patterns.
- For booked days, the 181-270 days range is most frequent in City of Ithaca (36%), reflecting common guest stay durations or potential owner blocking patterns.
- A notable 46.3% of properties secure long booking periods (181+ days booked per year), highlighting successful long-term rental strategies or significant owner usage.
City of Ithaca Airbnb Minimum Stay Requirements Analysis
Distribution of Listings by Minimum Night Requirement
1 Night
67 listings
24.5% of total
2 Nights
110 listings
40.1% of total
3 Nights
34 listings
12.4% of total
4-6 Nights
7 listings
2.6% of total
7-29 Nights
22 listings
8% of total
30+ Nights
34 listings
12.4% of total
Key Insights
- The most prevalent minimum stay requirement in City of Ithaca is 2 Nights, adopted by 40.1% of listings. This highlights the market's preference for shorter, flexible bookings.
- A strong majority (64.6%) of the City of Ithaca Airbnb data shows acceptance of very short stays (1-2 nights), indicating a dynamic, high-turnover market.
- A significant segment (12.4%) caters to monthly stays (30+ nights) in City of Ithaca, pointing to opportunities in the extended-stay market.
Recommendations
- Align with the market by considering a 2 Nights minimum stay, as 40.1% of City of Ithaca hosts use this setting.
- If feasible, allowing 1-night stays, especially midweek or during low season, could capture last-minute bookings, as only 24.5% currently do.
- Explore offering discounts for stays of 30+ nights to attract the 12.4% 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 Ithaca.
City of Ithaca Airbnb Cancellation Policy Trends Analysis (2025)
Flexible
33 listings
12.2% of total
Moderate
84 listings
31.1% of total
Firm
65 listings
24.1% of total
Strict
88 listings
32.6% of total
Cancellation Policy Insights for City of Ithaca
- The prevailing Airbnb cancellation policy trend in City of Ithaca is Strict, used by 32.6% of listings.
- A majority (56.7%) of hosts in City of Ithaca 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 32.6% market standard in City of Ithaca.
- With 32.6% using Strict terms, this is a viable option in City of Ithaca, particularly for high-value properties or during peak demand periods.
- Regularly review your cancellation policy against competitors and market demand shifts in City of Ithaca.
City of Ithaca STR Booking Lead Time Analysis (2025)
Average Booking Lead Time by Month
Booking Lead Time Insights for City of Ithaca
- The overall average booking lead time for vacation rentals in City of Ithaca is 57 days.
- Guests book furthest in advance for stays during May (average 104 days), likely coinciding with peak travel demand or local events.
- The shortest booking windows occur for stays in March (average 36 days), indicating more last-minute travel plans during this time.
- Seasonally, Summer (69 days avg.) sees the longest lead times, while Winter (44 days avg.) has the shortest, reflecting typical travel planning cycles.
Recommendations for Hosts
- Use the overall average lead time (57 days) as a baseline for your pricing and availability strategy in City of Ithaca.
- For May stays, consider implementing length-of-stay discounts or slightly higher rates for bookings made less than 104 days out to capitalize on advance planning.
- Target marketing efforts for the Summer season well in advance (at least 69 days) to capture early planners.
- Monitor your own booking lead times against these City of Ithaca averages to identify opportunities for dynamic pricing adjustments.
Popular & Essential Airbnb Amenities in City of Ithaca (2025)
Amenity Prevalence
Amenity Insights for City of Ithaca
- Essential amenities in City of Ithaca that guests expect include: Wifi, Smoke alarm, Heating, Essentials. Lacking these (any) could significantly impact bookings.
- Popular amenities like Carbon monoxide alarm, Hot water, 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 Ithaca: Wifi, Smoke alarm, Heating, Essentials.
- Prioritize adding missing essentials: Wifi, Smoke alarm, Heating, Essentials.
- Consider adding popular differentiators like Carbon monoxide alarm or Hot water 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 Ithaca to stay competitive.
City of Ithaca Airbnb Guest Demographics & Profile Analysis (2025)
Guest Profile Summary for City of Ithaca
- The typical guest profile for Airbnb in City of Ithaca consists of primarily domestic travelers (89%), 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 88.9% of guests.
- Key international markets include United States (88.9%) and Canada (2.9%).
- Top languages spoken are English (60.6%) followed by Spanish (10.4%).
- 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 Ithaca 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% |
| Rushville | 13 | $6,613 | $489.17 | 50% |
| Penn Estates | 58 | $6,479 | $386.94 | 50% |
| Naples | 21 | $6,262 | $553.45 | 47% |
| 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 Skaneateles | 62 | $5,047 | $476.41 | 46% |
| Mount Pocono | 20 | $5,029 | $448.59 | 42% |