Airbnb Market Analytics, Statistics and Data in Saranac Lake, 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 Saranac Lake? 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 Saranac Lake:
How much do Airbnb hosts make on average per month in Saranac Lake?
The short-term rental market in Saranac Lake 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 $2,765 per month
- Strong performing properties (top 25%) make $5,090 or more
- Best-in-class properties (top 10%) achieve $8,516+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,493
Revenue Variations by Month
Occupancy Rates Throughout the Year in Saranac Lake
The market in Saranac Lake 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 37% occupancy rates
- Strong performing properties (top 25%) achieve 56% or higher
- Best-in-class properties (top 10%) reach 71%+occupancy
- Entry-level properties (bottom 25%) average around 19%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Saranac Lake
Daily rates in Saranac Lake 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 $262 per night
- Strong performing properties (top 25%) secure $404 or more
- Best-in-class properties (top 10%) pull in $593+ per night
- Entry-level properties (bottom 25%) earn around $155
Daily Rate Variations by Month
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Seasonality patterns in Saranac Lake
Peak Season (July, August, June)
- Revenue peaks at $6707.26 per month
- Occupancy rates reach 61.90%
- Daily rates average $354.39
Shoulder Season
- Revenue averages $3909.54 per month
- Occupancy maintains 39.35%
- Daily rates hold at $331.00
Low Season (December, November, January)
- Revenue drops to $2129.13 per month
- Occupancy decreases to 25.92%
- Daily rates adjust to $313.73
Is it still profitable to do Airbnb in Saranac Lake in 2025?
Yes! Saranac Lake demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 39% and strong monthly revenue averaging $3910 and The market's 139 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 Saranac Lake
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Lake Flower | Scenic area known for its beautiful waterfront views and proximity to outdoor activities like kayaking and hiking. Ideal for guests seeking nature and tranquility. | Lake Flower, Saranac Lake Marina, Saranac Lake Village, Hiking Trails, Wild Center, Saranac Lake Winter Carnival |
| Downtown Saranac Lake | Vibrant downtown district filled with shops, restaurants, and cultural attractions. Great for visitors wanting to experience local life and community events. | Saranac Laboratory Museum, Local shops and boutiques, Restaurants and cafes, Live music venues, Art galleries, Community events |
| Ampersand Bay | Peaceful area with access to the Ampersand Bay, perfect for guests looking for a quiet retreat while still being close to amenities and attractions. | Ampersand Bay, Hiking Trails, Skiing in winter, Fishing spots, Nature walks, Wildlife watching |
| Paul Smiths | Home to Paul Smith's College and surrounded by natural beauty, this area attracts nature lovers and students alike. | Paul Smith's College, Nearby hiking trails, Lakes and rivers, Outdoor education programs, Foliage tours, Nature centers |
| Raquette Lake | Remote and beautiful, popular for seasonal vacationers and outdoor sports enthusiasts. Offers serenity and natural beauty. | Raquette Lake, Canoeing and kayaking, Fishing, Hiking, Winter sports, Camping |
| Adirondack Park | The largest park in the contiguous United States, perfect for adventure seekers, with vast wilderness and lots of outdoor activities. | Adirondack Mountains, Hiking trails, Lake Placid nearby, Outdoor camping, Wildlife viewing, Scenic drives |
| Saranac Lake Chain | Popular for water sports and beautiful lake scenery, ideal for those who enjoy sailing, fishing, and summer activities. | Saranac Lake Chain, Boating and water sports, Sunset views, Fishing spots, Picnic areas, Swimming spots |
| Mount Pisgah | A favored spot for hiking and winter sports, with picturesque views and a family-friendly environment. | Mount Pisgah Ski Area, Hiking trails, Winter sports activities, Scenic overlooks, Nature observation, Community events |
Do you need a license for Airbnb in Saranac Lake?
We recommend checking directly with Saranac Lake'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 Saranac Lake
Sprawling Adirondack Great Camp on Lower Saranac
Entire Place • 12 bedrooms
Lakefront home-walk downtown, 15 min to Lk Placid
Entire Place • 6 bedrooms
MtnView+Hottub+Lg Outdoor Area
Entire Place • 5 bedrooms
Secluded Chalet with Lake & Mtn Views with Hottub
Entire Place • 3 bedrooms
Waterfront, Woods, Dock, Privacy, Pet-Friendly
Entire Place • 4 bedrooms
Lonesome Pond Lodge - Ideal Lakeside Retreat
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Saranac Lake
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Skyward | 12 | $378,849 | 70 | 3.50/5.0 |
| Robert | 3 | $211,995 | 186 | 4.93/5.0 |
| Sam | 2 | $200,403 | 18 | 4.90/5.0 |
| Ethan And Huda | 4 | $183,302 | 246 | 4.85/5.0 |
| Marjorie | 14 | $172,211 | 137 | 4.47/5.0 |
| Steven | 5 | $151,795 | 269 | 3.95/5.0 |
| Tri-Lakes | 2 | $137,972 | 18 | 4.67/5.0 |
| Kristina | 4 | $129,200 | 36 | 3.73/5.0 |
| Todd And Amy | 1 | $125,677 | 121 | 4.94/5.0 |
| Lindsay | 2 | $123,113 | 332 | 4.86/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Saranac Lake
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 (94.2%), with house and outdoor & mobile properties comprising 72.6% of inventory
- Strong specialty sector (31.6%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in boutique & hotels, others, unique stays segments (6.5% combined)
Room Capacity Distribution
Analysis of 139 properties in Saranac Lake shows that 3 bedrooms properties are most prevalent, making up 36.7% of the market. The market tends to favor larger properties, with 3 bedrooms and 2 bedrooms together representing 61.2% of all listings.
Key Insights
- Most common: 3 bedrooms (36.7%)
- Least common: 4 bedrooms (5.8%)
- Market concentration: 61.2% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 139 properties in Saranac Lake reveals that 6 guests properties dominate the market, representing 28.8% of all listings. The average property accommodates 5.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 6 guests and 8+ guests make up 53.2% of the market.
Key Insights
- Most common capacity: 6 guests (28.8% of market)
- Least common capacity: 3 guests (1.4% of market)
- Average guest capacity: 5.4 guests per property
- Market concentration: 53.2% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 139 properties in Saranac Lake, the most common availability pattern is 271-366 days (41% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (37.4% of properties).
Key Insights
- Most common availability window: 271-366 days (41%)
- Most common booking duration: 91-180 days (37.4%)
- Properties with high availability (180+ days): 78.4%
- Properties with long-term bookings (180+ days): 21.6%
Minimum Stay Distributions
1 Night
28 listings
22.6% of total
2 Nights
52 listings
41.9% of total
3 Nights
23 listings
18.5% of total
4-6 Nights
7 listings
5.6% of total
7-29 Nights
3 listings
2.4% of total
30+ Nights
11 listings
8.9% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 64.5%
- Mid-length stays (4-6 nights) represent 5.6% of listings
- Monthly+ stays (8.9%) suggest a stable extended-stay market
- High market flexibility with 83.0% 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
9 listings
7.1% of total
Flexible
14 listings
11.1% of total
Moderate
23 listings
18.3% of total
Firm
34 listings
27% of total
Strict
46 listings
36.5% of total
Key Insights
- Strict is the preferred policy at 36.5% of listings
- Stricter policies (Firm & Strict) dominate at 63.5% of the market
- Strong market consensus around Strict policies
- Super Strict 60 Days policies are least common at 7.1% of listings
Recommendations
- The market supports stricter policies, with 63.5% using Firm or Strict terms
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jul, Apr, Jun, averaging 109 days
- Shortest booking windows are in Mar, Nov, Jan, averaging 45 days
- Summer shows the longest average booking window at 101 days, while Winter has the shortest at 53 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 101 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Jan when lead times are shortest
Popular Airbnb Amenities in Saranac Lake
Every property in Saranac Lake comes standard with Wifi. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 89.1% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (8%) and United Kingdom (0.7%)
- English is the top language at 78.3%, followed by Spanish (9.1%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.7%
Recommendations
- Target marketing campaigns for New York and Rochester 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 Saranac Lake. 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 Trenton | 12 | $7,399 | $414.17 | 52% |
| Fort Ann | 26 | $6,226 | $760.85 | 39% |
| Stony Creek | 11 | $5,934 | $497.96 | 43% |
| Mille-Isles | 93 | $5,433 | $443.07 | 41% |
| Malletts Bay | 49 | $5,294 | $426.36 | 47% |
| Cornwall | 20 | $5,089 | $359.92 | 51% |
| Piseco | 10 | $4,935 | $325.81 | 48% |
| Town of Wilton | 134 | $4,814 | $886.68 | 38% |
| Town of Saratoga | 43 | $4,702 | $501.68 | 39% |
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