Elmira, NY
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Elmira short-term rental market based on reliable data.
Listings
75 / 151
Reliable / Active
Cap Rate
18%
Middle-Earners Gross Yield
Revenue
$21,954
Middle-Earners Revenue
Occupancy
53%
Middle-Earners Occupancy
Home Value
$119,092
Median Home Sale Price
Top Earners
$35,563
Top-Earners Revenue
Elmira
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Elmira.
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Generally Investor friendly
Elmira Regulations
STRs are broadly allowed citywide with no municipal permit or caps, but investors must meet moderate state/county obligations (certificate of authority, state sales/hotel taxes, 4% county occupancy tax), follow safety standards, and monitor ongoing regulatory changes.
Local STR Agent
STR specialist · Elmira, NY
About Elmira
Elmira () is a city and the county seat of Chemung County, New York, United States. It is the principal city of the Elmira, New York, metropolitan statistical area, which encompasses Chemung County. The population was 26,523 at the 2020 census, down from 29,200 at the 2010 census, a decline of more than 7 percent.The City of Elmira is in the south-central part of the county, surrounded on three sides by the Town of Elmira. It is in the Southern Tier of New York, a short distance north of the Pennsylvania state line.