Binghamton, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

195 / 581

Reliable / Active

Cap Rate

12%

Middle-Earners Gross Yield

Revenue

$20,917

Middle-Earners Revenue

Occupancy

64%

Middle-Earners Occupancy

Home Value

$177,440

Median Home Sale Price

Top Earners

$46,367

Top-Earners Revenue

Binghamton

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Binghamton.

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B

Generally Investor friendly

Binghamton Regulations

STRs are permitted citywide, no city registry/ban or stated caps, and investors only pay standard state registration and hotel‑style occupancy taxes. The state’s 2025 regime centralizes registration and compliance, with platforms verifying IDs and remitting taxes; local rules hinge on standard zoning/housing codes (Chapter 265) and optional coordination for safety inspections, keeping the process moderate and manageable for investors.

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About Binghamton

Binghamton ( BING-əm-tən) is a city in the U.S. state of New York, and serves as the county seat of Broome County. Surrounded by rolling hills, it lies in the state's Southern Tier region near the Pennsylvania border, in a bowl-shaped valley at the confluence of the Susquehanna and Chenango Rivers. Binghamton is the principal city and cultural center of the Binghamton metropolitan area (also known as Greater Binghamton, or historically the Triple Cities, including Endicott and Johnson City), home to a quarter million people. The city's population, according to the 2020 census, is 47,969.From the days of the railroad, Binghamton was a transportation crossroads and a manufacturing center, and has been known at different times for the production of cigars, shoes, and computers. IBM was founded nearby, and the flight simulator was invented in the city, leading to a notable concentration of electronics- and defense-oriented firms. This sustained economic prosperity earned Binghamton the moniker of the Valley of Opportunity. However, starting with job cuts made by defense firms towards the end of the Cold War, the region lost a large part of its manufacturing industry.Today, while there is a continued concentration of high-tech firms, Binghamton is emerging as a healthcare- and education-focused city, with Binghamton University acting as much of the driving force behind this revitalization.

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