Airbnb Market Analytics, Statistics and Data in Town of New Paltz, 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 Town of New Paltz? 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 Town of New Paltz:
How much do Airbnb hosts make on average per month in Town of New Paltz?
The short-term rental market in Town of New Paltz 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 $3,109 per month
- Strong performing properties (top 25%) make $5,434 or more
- Best-in-class properties (top 10%) achieve $9,574+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,656
Revenue Variations by Month
Occupancy Rates Throughout the Year in Town of New Paltz
The market in Town of New Paltz 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 45% occupancy rates
- Strong performing properties (top 25%) achieve 67% or higher
- Best-in-class properties (top 10%) reach 82%+occupancy
- Entry-level properties (bottom 25%) average around 25%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Town of New Paltz
Daily rates in Town of New Paltz 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 $197 per night
- Strong performing properties (top 25%) secure $334 or more
- Best-in-class properties (top 10%) pull in $525+ per night
- Entry-level properties (bottom 25%) earn around $139
Daily Rate Variations by Month
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Seasonality patterns in Town of New Paltz
Peak Season (August, July, October)
- Revenue peaks at $5739.34 per month
- Occupancy rates reach 57.82%
- Daily rates average $301.98
Shoulder Season
- Revenue averages $4477.67 per month
- Occupancy maintains 46.68%
- Daily rates hold at $276.46
Low Season (February, December, January)
- Revenue drops to $2934.41 per month
- Occupancy decreases to 34.40%
- Daily rates adjust to $248.91
Is it still profitable to do Airbnb in Town of New Paltz in 2025?
Yes! Town of New Paltz demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 47% and strong monthly revenue averaging $4478 and The market's 125 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 Town of New Paltz
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Main Street | The heart of New Paltz, filled with charming shops, restaurants, and cafés. A popular spot for visitors looking to experience local culture and community. | Historic Huguenot Street, Tishman Center, Shawangunk Mountains, Locust Grove, New Paltz Farmers Market |
| Gunks | Known for its stunning natural beauty and climbing opportunities, this area is perfect for outdoor enthusiasts seeking adventure and tranquility. | Minnewaska State Park, Mohonk Preserve, The Trapps, Lake Minnewaska, Rock climbing routes |
| State University of New York at New Paltz | With a large student population and numerous events, this area caters to families, students, and university visitors, making it a vibrant place to host guests. | SUNY New Paltz campus, The Dorsky Museum, Art shows and events, The Lecture Center |
| Rail Trail | A scenic trail that attracts walkers and bikers, offering access to nature and beautiful views, making it ideal for guests who enjoy outdoor activities. | Wallkill Valley Rail Trail, Kowawese Unique Area, Biking and walking paths |
| Huguenot Street | A historic street that showcases the rich history of New Paltz, ideal for those interested in heritage tourism and learning about local culture. | Huguenot Historical Society, Historic homes and museums, Guided history tours |
| Rosendale | Just a short drive away, this quaint town offers unique shops and the famous Rosendale Trestle, drawing visitors looking for a picturesque getaway. | Rosendale Trestle, Luminary Restaurant, Film festivals |
| Lake Minnewaska | Perfect for those looking to escape to the outdoors, this area provides water activities, hiking trails, and a picturesque landscape for nature lovers. | Minnewaska State Park Preserve, Hiking trails, Scenic lake views |
| Mohonk Mountain House | A historic resort and wellness destination, hosting various events and attracting visitors seeking relaxation and scenic views, ideal for luxury stays. | Mohonk Mountain House grounds, Botanical gardens, Spa and wellness programs |
Do you need a license for Airbnb in Town of New Paltz?
We recommend checking directly with Town of New Paltz'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 Town of New Paltz
Dome Compound - Hot Tub, Piano + Rock-Climbing Gym
Entire Place • 10 bedrooms
NEW Stunning Mntn Views, Heated Pool, H/Tub, Sauna
Entire Place • 4 bedrooms
5 suites/5 bathrooms w/jacuzzi and sauna 20 guests
Entire Place • 5 bedrooms
Riverfront modern house with beautiful views
Entire Place • 4 bedrooms
midcentury mod cozy fireplace hike trail 2 mohonk
Entire Place • 3 bedrooms
Unique Dome Home With Hot Tub & Piano, on 28 acres
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Town of New Paltz
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Renata | 3 | $533,729 | 103 | 4.83/5.0 |
| Pablo | 6 | $250,561 | 10 | 1.67/5.0 |
| Susanna | 1 | $228,697 | 39 | 4.92/5.0 |
| Libertyville | 1 | $156,397 | 133 | 4.83/5.0 |
| Susan | 1 | $154,949 | 472 | 4.98/5.0 |
| Joe And Barb | 5 | $153,577 | 164 | 4.99/5.0 |
| Ahmed | 1 | $123,867 | 137 | 4.90/5.0 |
| Wendy | 1 | $123,544 | 46 | 4.96/5.0 |
| Joeanna | 1 | $123,342 | 21 | 5.00/5.0 |
| Nick | 2 | $100,604 | 79 | 4.93/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Town of New Paltz
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 (77.6%), with house and apartment & condo properties comprising 73.6% of inventory
- Strong specialty sector (17.6%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays segments (3.2% combined)
Room Capacity Distribution
Analysis of 125 properties in Town of New Paltz shows that 1 bedroom properties are most prevalent, making up 32% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 50.4% of all listings.
Key Insights
- Most common: 1 bedroom (32%)
- Least common: 5+ bedrooms (3.2%)
- Market concentration: 50.4% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 125 properties in Town of New Paltz reveals that 2 guests properties dominate the market, representing 24% of all listings. The average property accommodates 4.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 8+ guests make up 43.2% of the market.
Key Insights
- Most common capacity: 2 guests (24% of market)
- Least common capacity: 1 guest (0.8% of market)
- Average guest capacity: 4.0 guests per property
- Market concentration: 43.2% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 125 properties in Town of New Paltz, the most common availability pattern is 181-270 days (34.4% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (34.4% of properties).
Key Insights
- Most common availability window: 181-270 days (34.4%)
- Most common booking duration: 91-180 days (34.4%)
- Properties with high availability (180+ days): 61.6%
- Properties with long-term bookings (180+ days): 40.0%
Minimum Stay Distributions
1 Night
29 listings
24.8% of total
2 Nights
63 listings
53.8% of total
3 Nights
9 listings
7.7% of total
4-6 Nights
6 listings
5.1% of total
7-29 Nights
2 listings
1.7% of total
30+ Nights
8 listings
6.8% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 78.6%
- Mid-length stays (4-6 nights) represent 5.1% of listings
- Monthly+ stays (6.8%) suggest a stable extended-stay market
- High market flexibility with 86.3% 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 30 Days
3 listings
2.7% of total
Flexible
16 listings
14.2% of total
Moderate
42 listings
37.2% of total
Firm
26 listings
23% of total
Strict
26 listings
23% of total
Key Insights
- Moderate is the preferred policy at 37.2% of listings
- The market shows a balanced distribution between guest-friendly (51.4%) and strict (46.0%) policies
- Strong market consensus around Moderate policies
- Super Strict 30 Days policies are least common at 2.7% 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 May, Jul, Jun, averaging 57 days
- Shortest booking windows are in Mar, Jan, Feb, averaging 32 days
- Summer shows the longest average booking window at 53 days, while Winter has the shortest at 33 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 53 days in advance
- Consider early bird discounts during Winter to encourage longer lead times
- Focus on last-minute booking promotions during Mar-Feb when lead times are shortest
Popular Airbnb Amenities in Town of New Paltz
Below is the distribution of amenities across listings in Town of New Paltz:
Traveler Demographics
Key Insights
- Domestic travelers make up 95.1% of total guests, indicating a dominant local market share.
- Primary international markets: DC (0.9%) and United Kingdom (0.8%)
- English is the top language at 73.6%, followed by Spanish (15.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 6.2%
Recommendations
- Target marketing campaigns for New York and Philadelphia markets
- Develop localized content for DC 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 Town of New Paltz. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Town of Kingston | 11 | $8,281 | $500.11 | 49% |
| Berlin Township | 15 | $7,352 | $702.39 | 35% |
| Frankford Township | 10 | $7,076 | $504.38 | 44% |
| Town of Stuyvesant | 11 | $6,822 | $515.82 | 41% |
| Penn Estates | 63 | $6,814 | $397.95 | 49% |
| Brookfield | 14 | $6,762 | $517.20 | 50% |
| Town of Niskayuna | 11 | $6,323 | $506.30 | 47% |
| Stroud Township | 126 | $6,313 | $429.12 | 44% |
| Town of Pawling | 16 | $6,299 | $363.35 | 58% |
| Town of Monroe | 24 | $6,190 | $693.85 | 36% |
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