Airbnb Market Analytics, Statistics and Data in City of Troy, 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 Troy? 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 Troy:
How much do Airbnb hosts make on average per month in City of Troy?
The short-term rental market in City of Troy 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 $1,706 per month
- Strong performing properties (top 25%) make $2,452 or more
- Best-in-class properties (top 10%) achieve $3,482+ monthly
- Entry-level properties (bottom 25%) typically earn around $922
Revenue Variations by Month
Occupancy Rates Throughout the Year in City of Troy
The market in City of Troy 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 51% occupancy rates
- Strong performing properties (top 25%) achieve 72% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 26%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in City of Troy
Daily rates in City of Troy 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 $90 per night
- Strong performing properties (top 25%) secure $129 or more
- Best-in-class properties (top 10%) pull in $188+ per night
- Entry-level properties (bottom 25%) earn around $68
Daily Rate Variations by Month
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Seasonality patterns in City of Troy
Peak Season (August, June, October)
- Revenue peaks at $2366.59 per month
- Occupancy rates reach 63.00%
- Daily rates average $108.37
Shoulder Season
- Revenue averages $1924.19 per month
- Occupancy maintains 49.72%
- Daily rates hold at $105.09
Low Season (March, February, January)
- Revenue drops to $1433.70 per month
- Occupancy decreases to 41.35%
- Daily rates adjust to $101.27
Is it still profitable to do Airbnb in City of Troy in 2025?
Yes! City of Troy demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 50% and solid monthly revenue averaging $1924 and The market's 162 active listings indicate growing demand with plenty of opportunity for new properties. 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 Troy
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Downtown Troy | The vibrant hub of Troy with local shops, restaurants, and cultural events. Offers proximity to historical sites and waterfront views, making it a prime choice for short-term rentals. | Troy Waterfront Farmers Market, The Collar City Bridge, Rensselaer County Historical Society, Troy Victorian Stroll, Uncle Sam's Statue |
| Rensselaer | Just across the Hudson River from Troy, this area is ideal for visitors needing easy access to both Troy and Albany. It's a quieter spot with beautiful river views. | Rensselaer Train Station, Hudson River Park, Battenkill River, Empire State Plaza, Irish American Heritage Museum |
| Troy Historic District | Known for its well-preserved Victorian architecture and historical significance, this area offers a unique atmosphere that attracts history buffs and tourists alike. | Troy City Hall, The Troy Savings Bank Music Hall, Hart-Cluett Mansion, Russell Sage College, Revolutionary War Sites |
| Downtown Troy Riverfront Park | A scenic area along the Hudson River, popular with outdoor enthusiasts and families. Great for hosting events and enjoying local festivals. | Riverfront Park, Hudson River Bike Trail, Concerts in the park, Waterfront dining options, Scenic walking paths |
| Lansingburgh | A charming neighborhood with a mix of residential and commercial spaces, Lansingburgh offers local dining and easy access to nearby parks and the river. | Troy Little League, Lansingburgh Historical Society, Lansingburgh Academy, Battleground Park, Nearby marinas |
| Sandy Hill | A quiet, residential area with proximity to major routes, making it convenient for guests traveling to Troy for business or pleasure. | Local parks, Sandy Hill's scenic views, Easy access to highways, Community events, Proximity to schools |
| Eagle Mills | A picturesque area near the edge of Troy, popular for its historical charm and natural beauty, attracting outdoor lovers and peace-seekers. | Eagle Mills Cider Mill, Nearby park trails, Historic sites, Scenic countryside, Local artisans |
| Pine Hills | A residential neighborhood that is popular among students and young professionals due to its proximity to educational institutions and vibrant local cafes. | Pine Hills Park, Local cafes and shops, The University at Albany, Public transportation access, Community events |
Do you need a license for Airbnb in City of Troy?
We recommend checking directly with City of Troy'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 Troy
Charming Riverfront Mansion: The Powers House
Entire Place • 6 bedrooms
Trojan Horse Airbnb, Downtown w/Parking & Luxury
Entire Place • 4 bedrooms
Hidden Gem in heart of Troy
Entire Place • 3 bedrooms
4 Bdrm Luxury Modern Victorian with Tree House
Entire Place • 4 bedrooms
Dream Stay on Elm Street (+ Hot Tub!)
Entire Place • 3 bedrooms
Uncle Sam's Hideaway |Workspace|Pet Friendly|WIFI
Entire Place • 3 bedrooms
Top Performing Professional Hosts in City of Troy
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Igor | 7 | $220,176 | 2163 | 4.91/5.0 |
| Tatyana And Phillip Pevzner | 9 | $193,999 | 485 | 4.80/5.0 |
| Eric | 5 | $93,164 | 61 | 4.92/5.0 |
| Susan | 4 | $87,730 | 664 | 4.93/5.0 |
| James | 2 | $82,231 | 44 | 4.81/5.0 |
| Katherine | 1 | $68,436 | 217 | 4.99/5.0 |
| Michelle And Greg | 2 | $65,985 | 225 | 4.96/5.0 |
| Miriam | 4 | $63,189 | 563 | 4.91/5.0 |
| Tatyana | 2 | $62,789 | 284 | 4.96/5.0 |
| Charles | 3 | $62,203 | 1075 | 4.96/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in City of Troy
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 (74.1%), with apartment & condo and house properties comprising 93.8% of inventory
- Untapped potential in boutique & hotels, others, outdoor & mobile segments (6.1% combined)
Room Capacity Distribution
Analysis of 162 properties in City of Troy shows that 1 bedroom properties are most prevalent, making up 35.2% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 61.1% of all listings.
Key Insights
- Most common: 1 bedroom (35.2%)
- Least common: 5+ bedrooms (1.2%)
- Market concentration: 61.1% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 162 properties in City of Troy reveals that 2 guests properties dominate the market, representing 18.5% of all listings. The average property accommodates 3.1 guests, with a clear trend towards smaller guest capacities. Properties accommodating 2 guests and 3 guests make up 36.4% of the market.
Key Insights
- Most common capacity: 2 guests (18.5% of market)
- Least common capacity: 7 guests (1.2% of market)
- Average guest capacity: 3.1 guests per property
- Market concentration: 36.4% in top 2 capacity sizes
- Market segmentation: Predominantly smaller guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 162 properties in City of Troy, the most common availability pattern is 271-366 days (33.3% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (29% of properties).
Key Insights
- Most common availability window: 271-366 days (33.3%)
- Most common booking duration: 181-270 days (29%)
- Properties with high availability (180+ days): 60.5%
- Properties with long-term bookings (180+ days): 42.0%
Minimum Stay Distributions
1 Night
51 listings
32.9% of total
2 Nights
55 listings
35.5% of total
3 Nights
9 listings
5.8% of total
4-6 Nights
7 listings
4.5% of total
7-29 Nights
29 listings
18.7% of total
30+ Nights
4 listings
2.6% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 68.4%
- Mid-length stays (4-6 nights) represent 4.5% of listings
- Monthly+ stays (2.6%) suggest a stable extended-stay market
- High market flexibility with 74.2% 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
Flexible
37 listings
25.5% of total
Moderate
34 listings
23.4% of total
Firm
28 listings
19.3% of total
Strict
46 listings
31.7% of total
Key Insights
- Strict is the preferred policy at 31.7% of listings
- The market shows a balanced distribution between guest-friendly (48.9%) and strict (51.0%) policies
- Firm policies are least common at 19.3% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Diverse policy distribution indicates an opportunity to differentiate through policy choice
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in May, Jun, Jul, averaging 54 days
- Shortest booking windows are in Feb, Mar, Jan, averaging 25 days
- Summer shows the longest average booking window at 46 days, while Winter has the shortest at 26 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 Feb-Jan when lead times are shortest
Popular Airbnb Amenities in City of Troy
Every property in City of Troy comes standard with Smoke alarm. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 93.5% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (2.7%) and DC (0.8%)
- English is the top language at 74.8%, followed by Spanish (12.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.5%
Recommendations
- Target marketing campaigns for New York and Troy markets
- Develop localized content for Canada and DC
- 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 Troy. 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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