New York City

As of May 2026, Jersey City has 3,704 active Airbnb and VRBO listings. This represents a 45% decrease from the previous year.

The average Airbnb or VRBO in New York City generates $60K per year. High-performing properties earn $172K/year, while low-performing properties earn $20K/year. This significant spread suggests that revenue potential is heavily concentrated, indicating that market performance is increasingly bifurcated between top-tier listings and the rest of the supply.

Average home prices in New York City vary by property size: 1-bedroom properties cost approximately $745K, 2-bedroom homes average $1.1M, 3-bedroom properties are around $1.9M, and 4+ bedroom homes average $4.8M. These prices reflect median home values across the Jersey City area.

Airbnb and VRBO can be profitable in New York City, with an average gross yield of 6% across all properties. High-performing properties achieve yields up to 17%, which is considered top for short-term rental investment. The gap between average and peak yields reveals that asset selection and operational efficiency play a massive role in capturing available market returns.

The average occupancy rate for Airbnbs and VRBOs in New York City is 44%. This occupancy level, combined with an average nightly rate of $433, results in a RevPAR (revenue per available room) of $124 per day.

2-bedroom properties demonstrate the strongest performance in New York City, with an average gross yield of 7% and annual revenue of $82K. These properties balance purchase price ($1.1M), operating costs, and rental demand most effectively in the New York City market.

Short-term rental regulations vary by jurisdiction in the New York City area. Jersey City: Strict. Registration required, owner-occupancy mandatory, 60-day annual cap for non-owner-occupied units, building density limits apply. Active enforcement with significant fines ($500-$2000 per violation). City monitors platforms and issues violations. Many hosts operate illegally but face real consequences when caught. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The New York City Airbnb and VRBO market is currently showing balanced with strong demand conditions. Supply has declined 45% year-over-year, while RevPAR has increased 36%. This indicates healthy demand growth outpacing supply, as the drastic contraction in available units effectively tightens competition and supports pricing power for remaining operators.

Launch around September, 2-3 months before peak fall season (December peaks). This pre-peak timing lets you build reviews when competition is -10% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (July-August) when gaining traction is harder.

The most common amenities in New York City listings include: Air Conditioning (99%), Tv (65%), Heating (62%), Kitchen (57%), Elevator (53%). Amenities that boost revenue the most include Pool, Air Conditioning, Pets Allowed, with Pool properties earning approximately 81% more ($275K/year vs $152K/year).

Monthly estimated revenue per listing in New York City over the last 12 months: May: $3K, June: $3K, July: $3K, August: $2K, September: $5K, October: $6K, November: $5K, December: $6K, January: $2K, February: $3K, March: $4K, April: $5K. 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 New York City is $433, up 29% year-over-year. By property size: 1-bedroom properties average $300/night, 2-bedroom properties average $574/night, 3-bedroom properties average $749/night, 4+ bedroom properties average $1K/night. Rates peak in December and are lowest in January.

Guests in New York City book an average of 48 days in advance, up 9% from last year. By property size: 1-bedroom: 43 days, 2-bedroom: 51 days, 3-bedroom: 57 days, 4+ bedroom: 56 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the New York City Airbnb and VRBO market has seen the following changes: supply declined 45%, revenue per listing increased 36%, occupancy rose 6%, average nightly rates increased 29%, and lead time increased 9%. These metrics highlight a market shift where reduced inventory is driving higher utilization and pricing, favoring those who can navigate the tighter supply landscape.

In New York City, Saturday sees the highest booking demand while Sunday has the lowest. Nightly rates peak on Friday and are lowest on Sunday. Weekends show 8% higher occupancy than weekdays.