New York, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

4970 / 24561

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$33,508

Middle-Earners Revenue

Occupancy

86%

Middle-Earners Occupancy

Home Value

$817,745

Median Home Sale Price

Top Earners

$100,230

Top-Earners Revenue

New York

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in New York.

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C

Challenging to Investors

New York Regulations

Short-term rentals are technically allowed but severely limited to hosted stays with a maximum of two guests, requiring OSE registration and platform verification; entire-unit rentals are prohibited in most residential buildings, fees and taxes apply, and enforcement is active, creating high compliance risk and low investment viability.

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About New York

New York City sits at the southeastern tip of New York State, composed of five boroughs that double as counties: Manhattan (New York County), Brooklyn (Kings County), Queens, the Bronx, and Staten Island (Richmond County). With a population of approximately 8.3 million people, it is the most populous city in the United States and a global center for finance, media, fashion, and the arts. The city is celebrated for its iconic skyline, Broadway theater district, world-class museums, and a patchwork of distinct neighborhoods that reflect cultures from around the world. The nearest major city is Philadelphia, about 95 miles to the southwest, while Boston lies roughly 215 miles to the northeast.

Central Park spans 843 acres in the heart of Manhattan, offering a vast green retreat of wooded paths, lakes, meadows, and cultural venues like the Delacorte Theater and the Central Park Zoo. It lies entirely within city limits and is easily reached by subway from every borough.

The Statue of Liberty stands on Liberty Island in Upper New York Bay, accessible by ferry from Battery Park in Lower Manhattan with crossing times of roughly 15 to 20 minutes. The monument, managed by the National Park Service, shares the harbor with Ellis Island, which for decades served as the primary federal immigration station for the United States.

The Metropolitan Museum of Art, known simply as "the Met," anchors the eastern edge of Central Park along Fifth Avenue and holds one of the world's largest art collections, with more than two million works spanning ancient to contemporary periods. A second campus, the Met Cloisters in northern Manhattan's Fort Tryon Park, is dedicated to medieval European art and architecture.

The High Line is a 1.45-mile elevated linear park built on a former freight rail line along Manhattan's West Side, running from the Meatpacking District north to Hudson Yards. It features landscaped gardens, public art installations, and views over the Hudson River, and is free and open to the public year-round.

The combination of global name recognition, constant visitor demand, and a dense calendar of cultural and business events makes New York City one of the most dynamic short-term-rental markets in the United States. Travelers are drawn throughout the year for theater, sports, dining, business, and sightseeing, and the city's variety of neighborhoods allows operators to target almost any guest profile. For investors, the market rewards thoughtful design, location, and service more than almost any other in the country.

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