Utica

As of May 2026, Utica, Syracuse, Rome have 800 active Airbnb and VRBO listings. This represents a 2% decrease from the previous year.

The average Airbnb or VRBO in Utica generates $29K per year. High-performing properties earn $86K/year, while low-performing properties earn $14K/year. The stark disparity between top and bottom earners suggests that revenue is highly sensitive to specific property positioning rather than general market baseline performance.

Average home prices in Utica vary by property size: 1-bedroom properties cost approximately $120K, 2-bedroom homes average $180K, 3-bedroom properties are around $218K, and 4+ bedroom homes average $242K. These prices reflect median home values across the Utica, Syracuse, Rome area.

Airbnb and VRBO can be profitable in Utica, with an average gross yield of 13% across all properties. High-performing properties achieve yields up to 40%, which is considered top for short-term rental investment. This wide spread in yield potential highlights a market where asset selection significantly dictates the return on capital.

The average occupancy rate for Airbnbs and VRBOs in Utica is 30%. This occupancy level, combined with an average nightly rate of $280, results in a RevPAR (revenue per available room) of $53 per day.

4+ bedroom properties demonstrate the strongest performance in Utica, with an average gross yield of 20% and annual revenue of $50K. These properties balance purchase price ($242K), operating costs, and rental demand most effectively in the Utica market.

Short-term rental regulations vary by jurisdiction in the Utica area. Utica: Lenient. No specific STR regulations currently in place. Operates under general zoning and tax rules. Minimal enforcement. Syracuse: Moderate. Registration required, safety inspections, occupancy tax collection mandatory. Zoning restrictions in some areas. Moderate enforcement with complaints driving action. Rome: Lenient. No dedicated STR ordinance. Subject to general business licensing and zoning. Light enforcement, hosts operate with minimal oversight. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Utica Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 2% year-over-year, while RevPAR has decreased 29%. This indicates balanced supply-demand dynamics. Despite the equilibrium in supply, the double-digit drop in revenue per available room points to a contraction in overall traveler spending or demand intensity.

Launch around May, 2-3 months before peak summer season (August peaks). This pre-peak timing lets you build reviews when competition is 8% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (December-January) when gaining traction is harder.

The most common amenities in Utica listings include: Kitchen (95%), Air Conditioning (91%), Tv (85%), Heating (72%), Washing Machine (70%). Amenities that boost revenue the most include Hot Tub, Lake Access, Washing Machine, with Hot Tub properties earning approximately 60% more ($69K/year vs $43K/year).

Monthly estimated revenue per listing in Utica over the last 12 months: May: $2K, June: $2K, July: $2K, August: $2K, September: $2K, October: $2K, November: $1K, December: $1K, January: $1K, February: $1K, March: $1K, 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 Utica is $280, up 22% year-over-year. By property size: 1-bedroom properties average $175/night, 2-bedroom properties average $202/night, 3-bedroom properties average $298/night, 4+ bedroom properties average $549/night. Rates peak in December and are lowest in March.

Guests in Utica book an average of 34 days in advance, down 19% from last year. By property size: 1-bedroom: 33 days, 2-bedroom: 28 days, 3-bedroom: 36 days, 4+ bedroom: 41 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Utica Airbnb and VRBO market has seen the following changes: supply declined 2%, revenue per listing decreased 29%, occupancy fell 15%, average nightly rates increased 22%, and lead time decreased 19%. These metrics suggest a shift toward a shorter-term booking cycle despite higher pricing attempts against declining occupancy.

In Utica, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Wednesday. Weekends show 58% higher occupancy than weekdays.