Rent Your Vacation Home or Condo in New York, New York

Positive trends in short-term vacation rental (STRV) markets continue to emerge in New York, as more and more home owners earn extra income from renting out their properties. In fact, STRVs are now the second most-popular type of vacation rental in the state, after hotel stays. And with good reason: Short-term rentals offer homeowners a fun and flexible way to earn extra money without investing a lot of time or money upfront. More than 20% of all vacation rentals in New York are STRVs – that’s a total of 37,000 listings! That’s more than any other type of vacation rental property – including hotels! But why are short-term rentals so popular? First off, they provide an easy way for homeowners to earn extra income while they’re away. And second, they offer travelers an affordable option – especially when compared to hotels.

When partnering with RedAwning for your property management needs, we can make sure your New York rental is set up correctly and ready to generate the most amount of revenue possible per stay.

Current Vacation Rental Trends in New York

During the month of November, Southampton, for example, is projected to generate over $876/night for a 4 bedroom vacation rental, on average! There were 755 vacation active rental properties in New York.  699 are renting the entire place, and 56 are shared rooms.  On average, during the month of November 2023, each vacation rental property in Southampton is booked 40% of the time, and most hosts are projected to generate $7,240 or more during the month of November! Is your home in New York and areas including Manhattan, Brooklyn, Midtown, Harlem, Williamsburg, Bedford-Stuyvesant, Hell's Kitchen, Bushwick, Upper West Side, Upper East Side, East Village, Midtown East, Crown Heights, Astoria, Chelsea, Lower East Side, East Harlem, Flatbush, Kips Bay, Financial District, Washington Heights, Greenpoint, West Village, Alphabet City, Hamilton Heights, Clinton Hill, Jamaica, Chinatown, Murray Hill, Park Slope, Flatiron District, Times Square Theatre District, Ridgewood, or another neighborhood in New York, New York? See how much you could earn with your New York vacation rental.

$876.00 Per Night*


40% Occupied*


$7,240.00 Per Month*

* Based on the median average of all vacation rentals in the New York area.
Get a free estimate for your home or condo.

Vacation Rentals in New York are generating record profits with RedAwning.
Find out how you can exceed your revenue goals with RedAwning's property management resources.

Successful short-term vacation rentals in New York, North Carolina

Vacation rentals are now a common type of housing in many areas of the world. From beach houses to ski lodges, short-term rentals can be a great way to make extra money. But there are some important things to keep in mind if you want to rent out your home as a vacation rental. First, make sure your home is right for short-term rentals. It should be spacious, well-maintained, and comfortable. It should also be clean and free of clutter so that it looks welcoming to guests. Second, make sure you follow all local regulations when renting out your property. Some areas ban short-term rentals completely, while others only allow certain types of short-term rentals. Make sure you know what's allowed before putting your home on the market.

Vacation rental trends continue to be a hot topic in New York, New York. As the number of tourists increases, homeowners are seeing more opportunities to rent out their homes while they’re away. While there are some benefits to this trend, it can also pose some challenges for homeowners. For example, short-term rental laws vary from city to city. This means that you need to do your research before you take the plunge and rent out your home. If you’re considering renting out your New York home, there are a few things you should keep in mind. First off, make sure you know all the rules and regulations in your area. Second, do your research and find out if short-term rentals are permitted in your neighborhood. Finally, make sure you’re prepared for all the extra costs that come with short-term rental properties.

RedAwning takes the guess-work out of New York property management, and we work with you to ensure your New York short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.

See how much your New York vacation rental could earn:

Revenue Projections for Vacation Rentals in Southampton/New York, New York during December, 2023

Based on a 4 bedroom, which is the most common New York vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your New York vacation rental is available during these days.

Average Daily Price & Percent Occupied Next Month In New York

Note: These averages are based on a 4 bedroom home in Southampton. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our  free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.

Interested in learning how you can maximize your vacation rental revenue in New York, North Carolina?

If you are a speculative home buyer or have another home in North Carolina, check out our other New York Vacation Rental Management reports in AlbanyBeaconBuffaloCooperstownHyde ParkJamestownLake GeorgeNiagara FallsPoughkeepsieSaratoga SpringsUticaChautauquaEllicottvilleManhattanFar RockawayMayvilleQueensGreat ValleyAshvilleDewittvilleHammondLittle ValleyNapanochSouthamptonBemus PointElleryMaple SpringsBrooklynTampaJersey CityHampton BaysHunterMoraviaRochesterSeldenCroton FallsOgdensburgCopiagueBrentwoodThomsonNorthportTannersvilleNorth MassapequaRonkonkomaBellmoreEast HamptonGansevoortVarysburgIthacaSmithtownColdenCampbell HallAirmontSaugertiesMac DougallPrattsburghLong Lake,  and Youngstown, North Carolina or view all of our vacation rental market reports

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