Trumansburg, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

55 / 144

Reliable / Active

Cap Rate

11%

Middle-Earners Gross Yield

Revenue

$38,586

Middle-Earners Revenue

Occupancy

61%

Middle-Earners Occupancy

Home Value

$342,071

Median Home Sale Price

Top Earners

$69,612

Top-Earners Revenue

Trumansburg

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Trumansburg.

Loading top listings...

B

Generally Investor friendly

Trumansburg Regulations

Short‑term rentals are clearly allowed citywide with a straightforward, two‑year permit, basic inspections and standard safety/noise rules. The non‑refundable fee amount is unspecified but the process is manageable and the tone is supportive (90% public support, emphasis on oversight over caps). The main risk is the three‑year sunset provision that would halt new permits after that window, which tempers long‑term investment certainty.

View Trumansburg Regulations →

Local STR Agent

STR specialist · Trumansburg, NY

Trusted Expert
Get Expert Help In Trumansburg
Free consultation Response within 24h

About Trumansburg

Trumansburg is a small village in Tompkins County, New York, set in the rolling countryside at the northern end of Cayuga Lake in the Finger Lakes region. With a population of roughly 1,800, it carries the easygoing feel of an artsy, independent small town, with a walkable Main Street of locally owned shops, cafés, and historic nineteenth-century storefronts. Trumansburg is best known as a gateway to Taughannock Falls State Park and as a quieter, more residential alternative to the nearby college town of Ithaca, which sits about ten miles to the south. Its position at the top of Cayuga Lake makes it a natural jumping-off point for exploring the broader Finger Lakes wine and outdoor recreation scene, and the village has long drawn visitors who appreciate its blend of small-town charm and access to natural landmarks.

Just a few miles north of the village center, Taughannock Falls State Park is the area's marquee natural attraction, and the reason many visitors come to the region in the first place. The park's namesake waterfall drops roughly 215 feet into a deep gorge, making it one of the tallest single-drop waterfalls east of the Rockies and significantly taller than Niagara Falls. Beyond the overlook trail, the park offers a swimming beach, boat launch, and campsites along the shore of Cayuga Lake, and it draws a steady stream of visitors from late spring through early fall.

About a fifteen-minute drive south, the city of Ithaca anchors the southern end of Cayuga Lake and adds an entirely different flavor to a stay in the area. Home to Cornell University, with its renowned gorges, botanical gardens, and the Herbert F. Johnson Museum of Art, Ithaca offers a lively mix of restaurants, bookstores, and a well-known farmers' market. Its collection of dramatic waterfalls, including those in Buttermilk Falls and Robert H. Treman state parks, adds to the appeal for visitors who want variety within a short drive of Trumansburg.

The Cayuga Lake Wine Trail, which winds along the eastern and western shores of the lake, also begins near Trumansburg, with several tasting rooms within a short drive of the village. Wineries and cideries, along with farm stands and creameries, are scattered along the surrounding country roads, giving the area a laid-back, food-and-drink-focused rhythm that pairs naturally with the outdoor activities. Seneca Lake and its own wine trail are roughly an hour's drive to the west for guests who want to expand their tasting itinerary.

Trumansburg makes a compelling base for short-term rentals precisely because of this combination of a quiet, characterful village atmosphere and quick access to some of the most visited natural and cultural destinations in the Finger Lakes. Guests can spend the day hiking the gorge at Taughannock Falls, exploring the restaurants and university sights in Ithaca, and sampling their way along Cayuga Lake's wineries, all while returning each evening to a smaller, more relaxed community with its own dining and small-business scene.

startup landing logo

Copyright © 2026 HomeRun Analytics, Inc

Explore

HomeCountry ExplorerProperty Analyzer

Resources

Market ComparatorRegulationsBlog

Trusted by STR investors in 50+ U.S. states

Built by investors, for investors

STRProfitMap® is a registered trademark of HomeRun Analytics, Inc