Dundee, NY

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Dundee short-term rental market based on reliable data.

Listings

55 / 102

Reliable / Active

Cap Rate

15%

Middle-Earners Gross Yield

Revenue

$45,747

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$301,826

Median Home Sale Price

Top Earners

$95,665

Top-Earners Revenue

Dundee

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Dundee.

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C

Challenging to Investors

Dundee Regulations

STRs are allowed citywide as a conditional special use but require two costly, multi‑step approvals (STR permit and special use permit), SEQR environmental review, site plan and floor plans, and mandatory inspections plus annual renewals; fees are tiered up to $2,500 for non‑residents with only modest renewal fees; a local 24/7 manager, strict occupancy/parking limits, detailed advertising/operational rules, and ongoing fire/maintenance inspections create meaningful compliance burden, while the village appears supportive but rigorous, pushing risk into the higher‑end of challenging.

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About Dundee

Dundee is a small village in Yates County, New York, situated in the heart of the Finger Lakes region. With a population of approximately 1,600 residents, it embodies the quiet, rural character that defines much of central New York's wine country. The village is best known as a gateway to the Finger Lakes and serves as a convenient base for visitors exploring the area's renowned wineries, outdoor recreation, and scenic landscapes. Dundee sits roughly 65 miles southeast of Rochester, the nearest major city, and is within easy driving distance of Syracuse and Ithaca as well.

The Finger Lakes National Forest is a distinctive natural attraction located just a few miles south of Dundee, near Hector, New York. It holds the distinction of being the only national forest in New York State and offers over 16,000 acres of hardwood forest, gorges, and rolling hills. Hikers, horseback riders, and cross-country skiers can explore an extensive trail system that winds through the woods and along small streams, and the forest's quieter atmosphere makes it a refreshing alternative to busier state parks in the region.

Keuka Lake, often called the "Crooked Lake" for its distinctive Y-shape, is one of the most picturesque of the Finger Lakes and lies just a short drive from Dundee. The lake is encircled by vineyards producing Riesling and other cool-climate varietals that have helped put the Finger Lakes on the international wine map. Visitors can spend the day touring wineries, dining at lakeside restaurants, or simply enjoying the views from public access points along the shore.

About 20 miles south of Dundee, Watkins Glen State Park is arguably the most famous natural attraction in the region. The park's centerpiece is a dramatic two-mile gorge featuring 19 waterfalls, stone stairways, and lush vegetation carved by Glen Creek. It draws visitors year-round, though the gorge trail is most popular from spring through fall. The nearby village of Watkins Glen also offers a charming waterfront, local shops, and access to Seneca Lake, the largest and deepest of the Finger Lakes.

In Dundee itself, the Windmill Farm and Craft Market is a longstanding local draw, operating on weekends during the warmer months. The market features dozens of vendors selling crafts, antiques, foods, and local produce, and it has become a popular stop for both tourists and regional weekenders. Its casual, community-oriented atmosphere reflects the village's down-to-earth character.

Dundee offers short-term rental owners a compelling mix of small-town charm and proximity to some of New York's most celebrated natural and recreational attractions. Its central location within the Finger Lakes makes it an ideal base for travelers interested in wine tourism, hiking, and scenic drives, while the village itself maintains an unhurried pace that appeals to those seeking a quieter getaway. With steady seasonal visitation drawn to the lakes, wineries, and gorges, Dundee occupies a sweet spot in the Finger Lakes tourism landscape.

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