Binghamton

As of May 2026, Binghamton, Ithaca, Cooperstown have 707 active Airbnb and VRBO listings. This represents a 4% decrease from the previous year.

The average Airbnb or VRBO in Binghamton generates $26K per year. High-performing properties earn $67K/year, while low-performing properties earn $10K/year. This wide disparity suggests that revenue is highly sensitive to listing-specific factors, as overall market revenue has contracted by 25% despite a relatively stable supply base.

Average home prices in Binghamton vary by property size: 1-bedroom properties cost approximately $110K, 2-bedroom homes average $151K, 3-bedroom properties are around $195K, and 4+ bedroom homes average $233K. These prices reflect median home values across the Binghamton, Ithaca, Cooperstown area.

Airbnb and VRBO can be profitable in Binghamton, with an average gross yield of 13% across all properties. High-performing properties achieve yields up to 33%, which is considered top for short-term rental investment. Such a significant variance in yield potential indicates that top-tier assets are capturing a disproportionate share of available demand.

The average occupancy rate for Airbnbs and VRBOs in Binghamton is 30%. This occupancy level, combined with an average nightly rate of $234, results in a RevPAR (revenue per available room) of $48 per day.

4+ bedroom properties demonstrate the strongest performance in Binghamton, with an average gross yield of 21% and annual revenue of $50K. These properties balance purchase price ($233K), operating costs, and rental demand most effectively in the Binghamton market.

Short-term rental regulations vary by jurisdiction in the Binghamton area. Binghamton: Lenient. No specific STR regulations or permit requirements. Operates under general zoning and tax rules. Minimal enforcement. Ithaca: Moderate. Registration required, owner-occupancy mandate for Type A rentals, 29-day minimum for non-owner-occupied. Moderate enforcement with complaints. Cooperstown: Lenient. No formal STR permit system. General business licenses and zoning apply. Light enforcement, many operate informally given tourism demand. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Binghamton Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 4% year-over-year, while RevPAR has decreased 25%. This indicates balanced supply-demand dynamics. This alignment suggests that the market is adjusting to lower overall revenue capacity rather than experiencing an imbalance from over-saturation.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is -2% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (February-March) when gaining traction is harder.

The most common amenities in Binghamton listings include: Kitchen (95%), Air Conditioning (88%), Tv (87%), Heating (74%), Washing Machine (62%). Amenities that boost revenue the most include Pool, Hot Tub, Bbq, with Pool properties earning approximately 70% more ($69K/year vs $41K/year).

Monthly estimated revenue per listing in Binghamton over the last 12 months: May: $1K, June: $2K, July: $2K, August: $2K, September: $1K, October: $2K, November: $1K, December: $1K, January: $1K, February: $1K, March: $905, April: $1K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Binghamton is $234, up 20% year-over-year. By property size: 1-bedroom properties average $132/night, 2-bedroom properties average $192/night, 3-bedroom properties average $242/night, 4+ bedroom properties average $501/night. Rates peak in February and are lowest in March.

Guests in Binghamton book an average of 28 days in advance, down 24% from last year. By property size: 1-bedroom: 23 days, 2-bedroom: 28 days, 3-bedroom: 29 days, 4+ bedroom: 37 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Binghamton Airbnb and VRBO market has seen the following changes: supply declined 4%, revenue per listing decreased 25%, occupancy fell 15%, average nightly rates increased 20%, and lead time decreased 24%. These shifts highlight a trend toward shorter booking windows and higher pricing reliance to offset lower occupancy levels.

In Binghamton, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 54% higher occupancy than weekdays.