Smithtown, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

50 / 125

Reliable / Active

Cap Rate

4%

Middle-Earners Gross Yield

Revenue

$32,456

Middle-Earners Revenue

Occupancy

59%

Middle-Earners Occupancy

Home Value

$812,922

Median Home Sale Price

Top Earners

$64,224

Top-Earners Revenue

Smithtown

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Smithtown.

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B

Generally Investor friendly

Smithtown Regulations

STRs are permitted in Smithtown with a straightforward $100 annual rental property registration for non‑owner‑occupied units, no explicit caps, and basic requirements such as renting the entire dwelling and complying with zoning; the main friction is the lack of explicit STR rules and contact details, which creates moderate uncertainty but remains manageable.

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About Smithtown

Smithtown is a sizable suburban town in Suffolk County on the North Shore of Long Island, New York, with a population of roughly 116,000 residents spread across several hamlets and villages. It carries a distinctly small-town feel despite its size, anchored by a historic Main Street corridor, mature trees, and a quiet stretch of Long Island's famously winding northern coastline. The town is best known to locals for the legend of "Bull Smith," the folk hero said to have claimed the land with a great white bull, a story commemorated by a small monument in the heart of the village. Its location makes it a convenient gateway to both the harbors and beaches of the North Shore and the more commercial draws of central Long Island. New York City sits about 50 miles to the west, generally a 60- to 90-minute drive depending on traffic, while the eastern end of the island, including the Hamptons, lies roughly 60 to 90 miles beyond.

Just a few minutes from the village center, Caleb Smith State Park Preserve offers more than 540 acres of ponds, woods, and former farm fields, with miles of marked hiking trails and a small museum focused on Long Island's natural and cultural history. The preserve sits along the Nissequogue River and is a favorite for locals looking for an easy nature walk without leaving town. To the south, Blydenburgh County Park surrounds the 150-acre Stump Pond and provides a longer escape, with horseback riding, a working farm, disc golf, and a network of wooded trails popular with families and trail runners.

A short drive east brings visitors to the village of Stony Brook, home to the Long Island Museum, a Smithsonian-affiliated institution with one of the region's strongest collections of regional art, carriages, and decoys. The museum shares the hamlet with the Stony Brook Grist Mill, a working 1751 mill on the mill pond, and a leafy downtown of independent shops and restaurants. Further east still, the harborside village of Port Jefferson offers ferry service to Bridgeport, Connecticut, a bustling boardwalk, and a lively restaurant scene that draws weekenders year-round.

Smithtown's mix of suburban comfort, preserved open space, and proximity to so many of Long Island's most appealing destinations makes it a natural base for a short-term rental. Visitors can spend the day exploring the trails of Caleb Smith, wander into a museum or two, then return to a quiet residential neighborhood with easy rail and road access to both New York City and the East End. For travelers who want a calmer, more residential Long Island experience without giving up the option of day trips in any direction, Smithtown offers an appealing balance.

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