New Rochelle, NY

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

69 / 203

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$41,144

Middle-Earners Revenue

Occupancy

62%

Middle-Earners Occupancy

Home Value

$937,534

Median Home Sale Price

Top Earners

$90,182

Top-Earners Revenue

New Rochelle

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in New Rochelle.

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C

Challenging to Investors

New Rochelle Regulations

STRs are technically legal but constrained by New York’s Multiple Dwelling Law (30‑day/owner‑present requirement in most multi‑unit buildings) and require county licensing, inspections, and lodging taxes. New Rochelle lacks a city‑specific ordinance, leaving compliance fragmented and enforcement county‑managed. These constraints, especially for non‑owner‑occupied units, raise investor risk and compliance burden.

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About New Rochelle

New Rochelle is a coastal city in southern Westchester County, New York, situated along Long Island Sound just north of the New York City border. With a population of approximately 80,000 residents, it is one of the larger municipalities in Westchester and carries the feel of an established suburban community with genuine urban amenities. Long known as a commuter town with direct rail service to Midtown Manhattan, New Rochelle has a notably diverse population, a walkable downtown that has seen significant redevelopment in recent years, and a stretch of shoreline that gives the city a more relaxed, seaside character than many of its inland neighbors. It functions as an appealing gateway to New York City, lying roughly sixteen miles north of Midtown Manhattan, while also offering easy access to the wider Hudson Valley and the beaches, parks, and villages of southern Westchester.

A short drive east of the city center brings visitors to Glen Island Park, a roughly 105-acre Westchester County park set on a group of small islands connected by bridges in New Rochelle Harbor. The park combines sandy beaches on Long Island Sound, picnic areas, a small zoo, and a historic stone castle, making it a popular summer destination for families. Closer to downtown, [Hudson Park](https://en.wikipedia.org/wiki/Hudson_Park_(New_Ro Rochelle)) and the adjoining New Rochelle Waterfront provide another waterfront escape with a small beach, a bandshell that hosts summer concerts, and views across the Sound toward Long Island. These shoreline parks give the city a distinctly coastal identity that sets it apart from other inner-ring Westchester suburbs.

History-minded visitors can step into the city's past at the Thomas Paine Cottage, a small eighteenth-century farmhouse on the grounds of the local historical society where the revolutionary writer and author of "Common Sense" is believed to have lived. Interpreted by the Huguenot and New Rochelle Historical Association, the cottage and the adjacent museum offer a tangible connection to the city's colonial-era roots and its long association with Enlightenment-era thought. The surrounding Huguenot Park area adds a quiet green counterpoint to the busier commercial corridors nearby.

Within the city itself, the revitalized downtown around the Metro-North station has emerged as a regional dining and retail hub, with new mixed-use development complementing older storefronts, restaurants, and the city's long-standing institutions. Just over the border, the village of Larchmont and the Pelham neighborhoods offer additional boutiques, restaurants, and marina-front walks within a few minutes' drive, while Pelham Bay Park in the Bronx — the largest park in New York City, with beaches, a historic mansion, and miles of trails — lies only about ten miles to the south.

For short-term-rental investors and operators, New Rochelle offers a compelling mix: a substantial year-round population base, a steady stream of visitors visiting family or attending events at the city's schools and institutions, and a location that places both Long Island Sound recreation and Midtown Manhattan within easy reach. Its combination of commuter convenience, coastal scenery, cultural diversity, and proximity to some of the New York metropolitan area's most visited destinations makes it a flexible and resilient market for short-term stays.

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