Airbnb Market Analytics, Statistics and Data in Town of North Elba, 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 North Elba? 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 North Elba:
How much do Airbnb hosts make on average per month in Town of North Elba?
The short-term rental market in Town of North Elba 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 $3,268 per month
- Strong performing properties (top 25%) make $6,381 or more
- Best-in-class properties (top 10%) achieve $11,042+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,493
Revenue Variations by Month
Occupancy Rates Throughout the Year in Town of North Elba
The market in Town of North Elba 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 38% occupancy rates
- Strong performing properties (top 25%) achieve 58% or higher
- Best-in-class properties (top 10%) reach 78%+occupancy
- Entry-level properties (bottom 25%) average around 20%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Town of North Elba
Daily rates in Town of North Elba 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 $277 per night
- Strong performing properties (top 25%) secure $527 or more
- Best-in-class properties (top 10%) pull in $803+ per night
- Entry-level properties (bottom 25%) earn around $161
Daily Rate Variations by Month
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Seasonality patterns in Town of North Elba
Peak Season (July, August, February)
- Revenue peaks at $7363.43 per month
- Occupancy rates reach 59.47%
- Daily rates average $432.00
Shoulder Season
- Revenue averages $4735.62 per month
- Occupancy maintains 41.14%
- Daily rates hold at $404.29
Low Season (November, May, April)
- Revenue drops to $3309.92 per month
- Occupancy decreases to 29.53%
- Daily rates adjust to $391.07
Is it still profitable to do Airbnb in Town of North Elba in 2025?
Yes! Town of North Elba demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 41% and strong monthly revenue averaging $4736 and With 252 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 (spring breakers, nature enthusiasts, conference attendees, couples)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Town of North Elba
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Lake Placid | Famous for hosting the Winter Olympics, Lake Placid is a bustling resort town known for its beautiful lakes, mountains, and outdoor activities year-round. A prime spot for tourists looking for adventure and relaxation. | Lake Placid Lake, Whiteface Mountain, Mirror Lake, Olympic Center, High Falls Gorge, Lake Placid Olympic Museum |
| Saranac Lake | A charming village known for its scenic beauty and outdoor recreational opportunities, Saranac Lake attracts visitors looking for a quaint atmosphere and access to numerous lakes and trails. | Saranac Lake, Lake Flower, Mount Pisgah, Saranac Lake Adirondack Museum, Railroad Station Park |
| Keene Valley | Nestled in the heart of the High Peaks, Keene Valley is perfect for hikers and nature enthusiasts. It is less commercialized but offers stunning natural beauty and access to various trails. | Giant Mountain, Roaring Brook Falls, Keene Valley Farm, Marcy Field, The Ausable River |
| Adirondack Mountain Region | A vast wilderness area that offers a wide range of outdoor activities, attracting nature lovers and adventure seekers. A great spot for cabins and secluded retreats. | Adirondack Park, High Peaks Wilderness, Lake Champlain, Ausable Chasm, Crown Point State Historic Site |
| Whiteface Mountain | Known for its skiing in winter and hiking in summer, Whiteface is a year-round destination for outdoor sports enthusiasts. Ideal for those looking to attract winter sports fans and summer hikers. | Whiteface Mountain Ski Resort, Cloudsplitter Gondola, Whiteface Veterans Memorial Highway, Flume Trails, Lake Placid Ski Jumping Complex |
| Bloomingdale | A small, quaint town in close proximity to Lake Placid, it offers a quiet retreat while being just a short drive to lakes and hiking opportunities. Suitable for those seeking a peaceful getaway. | Bloomingdale Bog, Lower Saranac Lake, Hiking Trails, Wildlife Viewing |
| Paul Smiths | Home to Paul Smith's College and situated near several lakes, Paul Smiths is a great location for eco-tourism and attracts those interested in environmental activities and education. | Paul Smith's College, St. Regis Canoe Area, Fish Pond, Lake Flower |
| Upper Jay | A small community near the Ausable River, Upper Jay offers a close location to outdoor adventures and is popular for its natural beauty and tranquility. Great for those looking to escape from urban life. | Ausable River, Jay Mountain, Nearby hiking trails, Scenic views |
Do you need a license for Airbnb in Town of North Elba?
We recommend checking directly with Town of North Elba'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 North Elba
Snowshoe Lodge
Entire Place • 5 bedrooms
The Whiteface Lodge Luxury Resort - 3 Bed/3 Bath
Entire Place • 3 bedrooms
5-Bedroom Log House in Lake Placid
Entire Place • 5 bedrooms
Lake Placid Mountain View House & Guest House
Entire Place • 6 bedrooms
Enjoy Adirondacks in luxury w/fam and friends!
Entire Place • 6 bedrooms
The Hideaway (Former LP Club Cottage)
Entire Place • 4 bedrooms
Top Performing Professional Hosts in Town of North Elba
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Timothy | 13 | $1,146,349 | 390 | 4.98/5.0 |
| Adirondack Premier Properties | 19 | $1,069,235 | 468 | 4.37/5.0 |
| Vacation Rental | 12 | $544,837 | 90 | 3.22/5.0 |
| Mea | 3 | $399,679 | 70 | 4.86/5.0 |
| Rudy | 6 | $351,077 | 188 | 4.95/5.0 |
| Andrea | 2 | $328,790 | 33 | 4.97/5.0 |
| Brad | 4 | $304,107 | 138 | 4.86/5.0 |
| 222041217 | 8 | $284,837 | 1 | 0.00/5.0 |
| Alexander | 1 | $200,434 | 24 | 5.00/5.0 |
| Neven | 1 | $176,892 | 23 | 4.91/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Town of North Elba
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 (84.9%), with house and apartment & condo properties comprising 76.6% of inventory
- Strong specialty sector (21.8%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in others segments (1.6% combined)
Room Capacity Distribution
Analysis of 252 properties in Town of North Elba shows that 2 bedrooms properties are most prevalent, making up 24.2% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 45.2% of all listings.
Key Insights
- Most common: 2 bedrooms (24.2%)
- Least common: 5+ bedrooms (12.3%)
- Market concentration: 45.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 252 properties in Town of North Elba reveals that 8+ guests properties dominate the market, representing 36.5% of all listings. The average property accommodates 5.2 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 4 guests make up 56.3% of the market.
Key Insights
- Most common capacity: 8+ guests (36.5% of market)
- Least common capacity: 7 guests (2.8% of market)
- Average guest capacity: 5.2 guests per property
- Market concentration: 56.3% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 252 properties in Town of North Elba, the most common availability pattern is 271-366 days (40.1% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (37.3% of properties).
Key Insights
- Most common availability window: 271-366 days (40.1%)
- Most common booking duration: 91-180 days (37.3%)
- Properties with high availability (180+ days): 77.0%
- Properties with long-term bookings (180+ days): 25.0%
Minimum Stay Distributions
1 Night
61 listings
25.1% of total
2 Nights
91 listings
37.4% of total
3 Nights
48 listings
19.8% of total
4-6 Nights
19 listings
7.8% of total
7-29 Nights
2 listings
0.8% of total
30+ Nights
22 listings
9.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 62.5%
- Mid-length stays (4-6 nights) represent 7.8% of listings
- Monthly+ stays (9.1%) suggest a stable extended-stay market
- High market flexibility with 82.3% 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 60 Days
22 listings
9.5% of total
Super Strict 30 Days
1 listings
0.4% of total
Flexible
35 listings
15.1% of total
Moderate
35 listings
15.1% of total
Firm
52 listings
22.4% of total
Strict
87 listings
37.5% of total
Key Insights
- Strict is the preferred policy at 37.5% of listings
- The market shows a balanced distribution between guest-friendly (30.2%) and strict (59.9%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 0.4% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- 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, Aug, averaging 107 days
- Shortest booking windows are in Nov, Mar, Jan, averaging 59 days
- Summer shows the longest average booking window at 99 days, while Fall has the shortest at 64 days
Recommendations
- Implement dynamic pricing strategies for Summer bookings at least 99 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Jan when lead times are shortest
Popular Airbnb Amenities in Town of North Elba
Below is the distribution of amenities across listings in Town of North Elba:
Traveler Demographics
Key Insights
- Domestic travelers make up 88.7% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (8.3%) and DC (0.5%)
- English is the top language at 77.2%, followed by Spanish (9.5%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 7.2%
Recommendations
- Target marketing campaigns for New York and Rochester 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 Town of North Elba. 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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