Long Island

As of May 2026, The Hamptons, Montauk, Fire Island have 1,201 active Airbnb and VRBO listings. This represents a 15% decrease from the previous year.

The average Airbnb or VRBO in Long Island generates $43K per year. High-performing properties earn $102K/year, while low-performing properties earn $18K/year. This wide disparity suggests that revenue potential is heavily concentrated in specific segments, as the overall market experiences significant annual revenue contraction despite stable supply levels.

Average home prices in Long Island vary by property size: 1-bedroom properties cost approximately $303K, 2-bedroom homes average $490K, 3-bedroom properties are around $655K, and 4+ bedroom homes average $768K. These prices reflect median home values across the The Hamptons, Montauk, Fire Island area.

Airbnb and VRBO can be profitable in Long Island, with an average gross yield of 6% across all properties. High-performing properties achieve yields up to 14%, which is considered top for short-term rental investment. The gap between average and peak yields highlights a challenging environment where performance is likely tethered to specific property traits amidst declining revenue.

The average occupancy rate for Airbnbs and VRBOs in Long Island is 26%. This occupancy level, combined with an average nightly rate of $473, results in a RevPAR (revenue per available room) of $74 per day.

2-bedroom properties demonstrate the strongest performance in Long Island, with an average gross yield of 8% and annual revenue of $40K. These properties balance purchase price ($490K), operating costs, and rental demand most effectively in the Long Island market.

Short-term rental regulations vary by jurisdiction in the Long Island area. The Hamptons: Strict. Most towns require permits, 14-day minimum stays, owner-occupancy in some areas. Active enforcement with significant fines, especially in summer. Montauk: Strict. Part of East Hampton; requires permits, 14-day minimum, strict occupancy limits. Heavy enforcement due to overtourism concerns and neighbor complaints. Fire Island: Moderate. Varies by community; permits required, some have rental caps. Enforcement inconsistent across communities, more active in peak season. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Long Island Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 15% year-over-year, while RevPAR has decreased 48%. This indicates balanced supply-demand dynamics. The concurrent drop in supply and revenue suggests that demand is softening at a rate that offsets the reduction in available inventory.

Launch around April, 2-3 months before peak summer season (July peaks). This pre-peak timing lets you build reviews when competition is 25% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (March-January) when gaining traction is harder.

The most common amenities in Long Island listings include: Air Conditioning (98%), Kitchen (95%), Tv (83%), Heating (72%), Washing Machine (65%). Amenities that boost revenue the most include Washing Machine, Pool, Hot Tub, with Washing Machine properties earning approximately 134% more ($121K/year vs $52K/year).

Monthly estimated revenue per listing in Long Island over the last 12 months: May: $2K, June: $4K, July: $5K, August: $5K, September: $3K, October: $2K, November: $2K, December: $2K, January: $727, February: $720, March: $911, 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 Long Island is $473, up 9% year-over-year. By property size: 1-bedroom properties average $205/night, 2-bedroom properties average $363/night, 3-bedroom properties average $550/night, 4+ bedroom properties average $925/night. Rates peak in August and are lowest in January.

Guests in Long Island book an average of 31 days in advance, down 27% from last year. By property size: 1-bedroom: 28 days, 2-bedroom: 30 days, 3-bedroom: 33 days, 4+ bedroom: 35 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Long Island Airbnb and VRBO market has seen the following changes: supply declined 15%, revenue per listing decreased 48%, occupancy fell 17%, average nightly rates increased 9%, and lead time decreased 27%. The rise in rates alongside falling occupancy signals a mismatch between pricing strategies and current traveler booking behaviors.

In Long Island, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Saturday and are lowest on Wednesday. Weekends show 42% higher occupancy than weekdays.