Airbnb Market Analytics, Statistics and Data in City of Niagara Falls, 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 Niagara Falls? 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 Niagara Falls:
How much do Airbnb hosts make on average per month in City of Niagara Falls?
The short-term rental market in City of Niagara Falls 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 $2,445 per month
- Strong performing properties (top 25%) make $4,282 or more
- Best-in-class properties (top 10%) achieve $6,342+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,220
Revenue Variations by Month
Occupancy Rates Throughout the Year in City of Niagara Falls
The market in City of Niagara Falls 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 41% occupancy rates
- Strong performing properties (top 25%) achieve 62% or higher
- Best-in-class properties (top 10%) reach 79%+occupancy
- Entry-level properties (bottom 25%) average around 22%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in City of Niagara Falls
Daily rates in City of Niagara Falls 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 $163 per night
- Strong performing properties (top 25%) secure $225 or more
- Best-in-class properties (top 10%) pull in $322+ per night
- Entry-level properties (bottom 25%) earn around $114
Daily Rate Variations by Month
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Seasonality patterns in City of Niagara Falls
Peak Season (June, July, August)
- Revenue peaks at $4944.67 per month
- Occupancy rates reach 64.71%
- Daily rates average $215.48
Shoulder Season
- Revenue averages $3141.30 per month
- Occupancy maintains 43.29%
- Daily rates hold at $191.28
Low Season (November, December, January)
- Revenue drops to $1247.53 per month
- Occupancy decreases to 26.54%
- Daily rates adjust to $165.38
Is it still profitable to do Airbnb in City of Niagara Falls in 2025?
Yes! City of Niagara Falls demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 43% and strong monthly revenue averaging $3141 and With 403 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 Niagara Falls
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Niagara Falls State Park | The iconic natural wonder of the world, attracting millions of visitors each year. Perfect for those seeking breathtaking views and outdoor activities. | Niagara Falls, Cave of the Winds, Maid of the Mist, Goat Island, Niagara Falls Observation Tower |
| Downtown Niagara Falls | The heart of the city, featuring restaurants, shops, and entertainment. Close to attractions and a hub for tourists. | Seneca Niagara Resort & Casino, Niagara Falls Underground Railroad Heritage Center, Hard Rock Cafe, The Niagara Scenic Trolley |
| Devil's Hole State Park | A less crowded area near the falls, offering beautiful hiking trails and natural scenery. Ideal for nature lovers and those seeking tranquility away from the tourist crowds. | Devil's Hole Gorge, Hiking Trails, Niagara River |
| LaSalle | A residential neighborhood that is up-and-coming with new developments. Close to the river and a short drive to the falls and attractions. | LaSalle Waterfront Park, Local dining options |
| Northeast Niagara Falls | Residential area with a mix of locals and transient visitors. Affordable housing options and proximity to attractions make this a prime Airbnb investment area. | Artpark, Waterfront Park, Local Markets |
| Lewiston | A charming village just north of Niagara Falls with a quaint downtown and cultural events. Great for those looking for a small-town atmosphere near the falls. | Historic Lewiston, Lewiston-Queenston Bridge, Art Festivals, Local wineries |
| Grand Island | A quiet suburban area with parkland and river views, providing a peaceful retreat while still being a short drive from Niagara Falls. | Grand Island Beaches, Buckhorn Island State Park, Riverwalk |
| Youngstown | A picturesque village with historical significance and proximity to the Niagara River. Attracts visitors seeking peace and history just outside the hustle and bustle of the falls. | Old Fort Niagara, Village Park, Scenic River Views |
Do you need a license for Airbnb in City of Niagara Falls?
We recommend checking directly with City of Niagara Falls'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 Niagara Falls
Double Houses Accommodates 18 w/Free Parking - USA
Entire Place • 6 bedrooms
Charming Victorian King Suite Gameroom WalktoFalls
Entire Place • 5 bedrooms
The Double Down Complex Perfect for large Groups!
Entire Place • 11 bedrooms
Farmhouse 15-min Walk to the Falls Sleeps 12+
Entire Place • 6 bedrooms
The Falls House - Walk To Niagara Falls
Entire Place • 4 bedrooms
Private Sauna, Five King Beds, Parking
Entire Place • 5 bedrooms
Top Performing Professional Hosts in City of Niagara Falls
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Niagara Hospitality | 38 | $1,570,686 | 1193 | 4.01/5.0 |
| Michael | 6 | $488,520 | 1951 | 4.80/5.0 |
| Lenny | 8 | $458,604 | 2221 | 4.83/5.0 |
| Danielle | 10 | $349,438 | 1122 | 4.71/5.0 |
| Kellie | 11 | $331,116 | 366 | 4.62/5.0 |
| Matt | 6 | $274,206 | 320 | 3.91/5.0 |
| Frank | 6 | $270,256 | 204 | 4.86/5.0 |
| Tamar | 6 | $262,606 | 1273 | 4.75/5.0 |
| Tai | 3 | $242,389 | 211 | 4.93/5.0 |
| Carroll & Andre | 9 | $238,363 | 1226 | 4.76/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in City of Niagara Falls
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 (86.6%), with house and apartment & condo properties comprising 94.0% of inventory
- Untapped potential in boutique & hotels, others, outdoor & mobile segments (6.0% combined)
Room Capacity Distribution
Analysis of 403 properties in City of Niagara Falls shows that 3 bedrooms properties are most prevalent, making up 27% of the market. The market tends to favor larger properties, with 3 bedrooms and 2 bedrooms together representing 48.6% of all listings.
Key Insights
- Most common: 3 bedrooms (27%)
- Least common: 4 bedrooms (13.4%)
- Market concentration: 48.6% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 403 properties in City of Niagara Falls reveals that 8+ guests properties dominate the market, representing 39% of all listings. The average property accommodates 5.6 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 57.8% of the market.
Key Insights
- Most common capacity: 8+ guests (39% of market)
- Least common capacity: 1 guest (0.2% of market)
- Average guest capacity: 5.6 guests per property
- Market concentration: 57.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 403 properties in City of Niagara Falls, the most common availability pattern is 181-270 days (35% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (34.7% of properties).
Key Insights
- Most common availability window: 181-270 days (35%)
- Most common booking duration: 91-180 days (34.7%)
- Properties with high availability (180+ days): 67.5%
- Properties with long-term bookings (180+ days): 34.5%
Minimum Stay Distributions
1 Night
199 listings
60.1% of total
2 Nights
92 listings
27.8% of total
3 Nights
2 listings
0.6% of total
4-6 Nights
4 listings
1.2% of total
7-29 Nights
10 listings
3% of total
30+ Nights
24 listings
7.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 87.9%
- Mid-length stays (4-6 nights) represent 1.2% of listings
- Monthly+ stays (7.3%) suggest a stable extended-stay market
- High market flexibility with 88.5% 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
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 60 Days
2 listings
0.6% of total
Flexible
75 listings
22% of total
Moderate
101 listings
29.6% of total
Firm
93 listings
27.3% of total
Strict
70 listings
20.5% of total
Key Insights
- Moderate is the preferred policy at 29.6% of listings
- The market shows a balanced distribution between guest-friendly (51.6%) and strict (47.8%) policies
- Strong market consensus around Moderate policies
- Super Strict 60 Days policies are least common at 0.6% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- 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 Apr, Jul, Jun, averaging 68 days
- Shortest booking windows are in Mar, Sep, Jan, averaging 31 days
- Spring shows the longest average booking window at 57 days, while Fall has the shortest at 36 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 57 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Jan when lead times are shortest
Popular Airbnb Amenities in City of Niagara Falls
Every property in City of Niagara Falls comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 86.7% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (2.9%) and India (1.1%)
- English is the top language at 68.9%, followed by Spanish (16.4%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.7%
Recommendations
- Target marketing campaigns for New York and Chicago markets
- Develop localized content for Canada and India
- 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 Niagara Falls. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Town of Mansfield | 63 | $4,651 | $523.54 | 32% |
| Town of West Seneca | 15 | $4,577 | $259.87 | 51% |
| Town of Porter | 24 | $4,435 | $295.70 | 56% |
| North East Township | 33 | $3,856 | $266.39 | 49% |
| Town of Orchard Park | 34 | $3,785 | $265.39 | 48% |
| Town of Elma | 10 | $3,759 | $428.41 | 49% |
| Town of Ellicottville | 210 | $3,635 | $375.94 | 35% |
| Niagara-on-the-Lake | 423 | $3,536 | $270.29 | 44% |
| Whitchurch-Stouffville | 41 | $3,530 | $261.10 | 40% |
| Town of Wilson | 28 | $3,415 | $254.39 | 49% |
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