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Binghamton, NY
Generally Investor Friendly
Local STR Agent
Local STR Agent

Short-term rentals are allowed in the City of Binghamton, subject to New York State’s new statewide framework that takes full effect in 2025, and to local housing and property maintenance standards. There is no city- or county-specific STR registry or ban in the materials provided; however, state law now requires hosts to register, mandates booking platforms to verify registrations and collect taxes, and empowers municipalities and the Attorney General to enforce compliance. In short, the 2025 state regime is the operative rule set, with existing local codes continuing to govern occupancy, safety, and maintenance.
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City (Binghamton):
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Note: Where phone or email is not provided, start with the listed department phone line or website. If you identify a specific contact at the City, we can add direct email/contact details for that office.
Action reminders for investors:
Binghamton hosts earn a median $20,022/year with $129 ADR and 64% occupancy.
Top performers pull in $31,393+ per year.
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Binghamton is a city in Broome County, New York, situated in the state's Southern Tier at the meeting of the Susquehanna and Chenango rivers. The city has a population of roughly 47,000 residents and anchors a metropolitan area of around a quarter-million people. Once a bustling manufacturing center and the original home of IBM, modern-day Binghamton has a quiet, mid-sized feel with tree-lined neighborhoods, a compact downtown, and easy access to the rolling hills and forests of upstate New York. The surrounding region bills itself as the "Carousel Capital of the World" because of its cluster of restored historic carousels, and the city also has a claim to fame as the boyhood home of Twilight Zone creator Rod Serling. Binghamton sits roughly 75 miles south of Syracuse and approximately 175 miles northwest of New York City, making it a natural base for travelers exploring the Southern Tier, the Catskills, and the northern reaches of Pennsylvania.
A short walk through the residential blocks east of downtown leads to the Phelps Mansion Museum, a beautifully preserved 1870s Gilded Age home that gives visitors a glimpse into the wealthy industrialist era that shaped the region. The mansion, set on a leafy parcel with original period furnishings, offers guided tours that contrast the opulence of the period with the everyday life of the workers who powered the city's factories.
Downtown Binghamton also includes the Bundy Museum of History and Art, a former industrial complex turned cultural hub that hosts rotating exhibits on local history, photography, and contemporary art. Just north of the city, Otsiningo Park spreads along the Chenango River, providing picnic space, seasonal festivals, and walking trails. The park is also home to the Discovery Center of the Southern Tier, a hands-on science and play space geared toward families and traveling children.
About an hour's drive to the west, the city of Ithaca and its surrounding gorges make an easy day trip. Visitors come for Cornell University's campus, the dramatic waterfalls of Buttermilk Falls and Taughannock Falls state parks, and the deep gorge at Robert H. Treman State Park. About 70 miles north of Binghamton, Cooperstown draws fans of the National Baseball Hall of Fame and the picturesque lakefront village along Otsego Lake. To the south, the Catskill Mountains and the Pocono region of northeastern Pennsylvania are within about an hour and a half, offering hiking, skiing, and small-town exploring.
Binghamton works well as a short-term-rental base for travelers who want an affordable, central alternative to the pricier Finger Lakes or Catskills hubs. The city itself offers a handful of cultural stops, while the broader region — carousels, gorges, baseball, hiking, and skiing — radiates out in every direction. A well-located rental in or near downtown gives visitors a quiet, walkable home base with day-trip access to a surprising variety of upstate New York landmarks.
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