Riverhead, NY

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

101 / 243

Reliable / Active

Cap Rate

5%

Middle-Earners Gross Yield

Revenue

$30,119

Middle-Earners Revenue

Occupancy

48%

Middle-Earners Occupancy

Home Value

$629,305

Median Home Sale Price

Top Earners

$76,359

Top-Earners Revenue

Riverhead

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Riverhead.

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B

Generally Investor friendly

Riverhead Regulations

STRs are permitted citywide with a 30-day minimum stay and require a short-term rental permit plus safety inspections; enforcement is active with moderate fines ($500–$1,500) but there are no caps and compliance is a clear, predictable process.

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About Riverhead

Riverhead is a town on the eastern end of Long Island in Suffolk County, New York, and serves as the county seat of one of the largest counties in the state. With an approximate population of around 33,000 residents, it occupies a strategic position where Long Island's North and South forks meet, giving it a character that blends small-town civic life with tourism-driven energy. The town is widely recognized as the gateway to the Hamptons to the south and the vineyards of the North Fork to the east, drawing visitors who pass through on their way to beach towns, farm stands, and tasting rooms. It sits roughly 75 miles east of New York City, an hour-and-a-half drive in lighter traffic, and functions as the first major stop for travelers exiting the Long Island Expressway before they continue toward the South Fork or ferry terminals to New England.

One of the town's most visited attractions is the Long Island Aquarium, located on Main Street along the Peconic River. The facility houses sharks, sea turtles, and a range of marine exhibits, making it a popular destination for families even outside of summer. It is right in the heart of Riverhead, a short drive from almost anywhere in town.

Just minutes west of the downtown area, Splish Splash brings considerable seasonal traffic with its water slides, wave pools, and lazy river, and is one of the largest water parks in the Northeast. It opens seasonally and tends to draw visitors from across Long Island and the greater New York region.

To the east, Riverhead opens directly into the North Fork, a stretch of farmland, vineyards, and small harbors that has become one of New York's most talked-about wine regions. Towns like Cutchogue, Peconic, and Jamesport are within a 15-to-25-minute drive, and dozens of tasting rooms, farm stands, and seafood shacks line Route 25, the main corridor through the area. Riverhead itself hosts the eastern terminus of the Long Island Rail Road, making it accessible without a car.

History-minded visitors can step into Riverhead's past at the Suffolk County Historical Society on West Main Street, which preserves artifacts and records spanning centuries of Long Island life. Nearby, Hallock State Park Preserve, a few minutes east of town, offers wooded trails and bluffs overlooking Long Island Sound, providing a quieter outdoor alternative to the busier South Fork beaches.

For short-term rental owners, Riverhead's appeal lies in its role as a year-round base camp. Visitors come for the wineries and beaches in summer, the fall harvest season, and the aquarium and outlets in shoulder months, and they appreciate the relative affordability of staying in Riverhead compared to booking directly in the Hamptons. The combination of easy highway access, a walkable downtown, and proximity to some of Long Island's most recognizable destinations makes it a practical and versatile location for travelers exploring the East End.

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