Marion, NY

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

46 / 93

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$32,918

Middle-Earners Revenue

Occupancy

48%

Middle-Earners Occupancy

Home Value

$250,950

Median Home Sale Price

Top Earners

$84,587

Top-Earners Revenue

Marion

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Marion.

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B

Generally Investor friendly

Marion Regulations

STRs are allowed statewide including Marion, but New York’s minimum 14‑night rental period, the need to register for sales tax and possibly county occupancy tax, and required zoning verification create moderate permitting/fee constraints and operational limits. There are no local caps or explicit bans, but investors must confirm zoning and any local requirements with the town.

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About Marion

Marion is a small rural town in Wayne County, in the Finger Lakes region of upstate New York, home to roughly 5,000 residents. The community carries a quiet, agricultural character shaped by working farms, apple and fruit orchards, and the slow seasonal rhythms typical of the lake plain east of Rochester. Marion sits about 30 miles southeast of Rochester, the nearest major city, and functions as a peaceful gateway between the Lake Ontario shoreline and the central Finger Lakes, with both destinations within a short drive. The town is best known for its scenic rural setting, its proximity to the historic village of Palmyra, and its position along the regional routes that draw visitors to the lake country each year.

Just a few miles to the west lies the village of Palmyra, one of the Finger Lakes region's most visited historic destinations. Palmyra is famous as the birthplace of the Latter Day Saint movement, with several restored 19th-century sites tied to the early history of the church, and it offers visitors a walkable downtown of antique shops, bookstores, and small eateries. The drive from Marion to Palmyra takes only about 10 minutes, making it a natural day trip for travelers staying in the area.

To the north of Marion, roughly 20 to 25 miles away, Chimney Bluffs State Park rises along the Lake Ontario shoreline in dramatic fashion. The park is renowned for its towering drumlin formations, sculpted by wind and waves into spire-like clay formations that look almost otherworldly against the lake. Visitors come for the hiking trails that wind along the bluffs and for the sweeping lake views, especially at sunset. It is one of the most photographed natural landmarks in western New York.

South of Marion, about a 20- to 30-minute drive, the Montezuma National Wildlife Refuge sprawls across more than 10,000 acres of marshland at the northern end of Cayuga Lake. The refuge is a major stopover for migrating waterfowl and offers auto routes, observation towers, and short walking trails that make it easy for casual visitors to spot bald eagles, herons, and seasonal flocks of ducks and geese. It is a favorite of birders and a calm, family-friendly counterpoint to the busier Finger Lakes wineries further south.

Marion appeals to short-term-rental investors and travelers alike because of its central, low-key position between two of New York's most beloved landscapes: the Lake Ontario coast and the Finger Lakes interior. Visitors can spend a morning hiking Chimney Bluffs, an afternoon touring historic Palmyra, and an evening sampling wine along Seneca or Cayuga Lake, all while returning each night to a quiet, affordable base far removed from the crowds of the more heavily marketed lake towns.

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