Geneva, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

270 / 479

Reliable / Active

Cap Rate

17%

Middle-Earners Gross Yield

Revenue

$35,488

Middle-Earners Revenue

Occupancy

48%

Middle-Earners Occupancy

Home Value

$212,521

Median Home Sale Price

Top Earners

$92,367

Top-Earners Revenue

Geneva

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Geneva.

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B

Generally Investor friendly

Geneva Regulations

Geneva clearly allows STRs with straightforward, online licensing in the City (2‑year, $250/bedroom/year, max 4 bedrooms) and a 3‑year Town permit with detailed safety, parking, and septic standards; fees are moderate, inspections are required, and occupancy/caps exist but are manageable. The overall compliance burden is predictable, not prohibitive, supporting investor viability.

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About Geneva

Geneva, New York, is a charming city located in the Finger Lakes region, known for its scenic beauty and historical significance. As of the latest census, Geneva has a population of around 13,000 residents. The city is approximately 50 miles southeast of Rochester, a major city in New York State, making it relatively close to urban conveniences while maintaining a small-town charm.

Geneva boasts a variety of landmarks and attractions that make it appealing for short-term rentals. One notable landmark is the Hobart and William Smith Colleges, which bring an academic and cultural vibrancy to the area. The colleges often host events, which can attract visitors in need of accommodation (https://www2.hws.edu/)..)

Another significant highlight is the beautiful Seneca Lake, the largest of the Finger Lakes, offering numerous recreational activities like boating, fishing, and swimming. The Seneca Lake State Park (https://parks.ny.gov/parks/senecalake/details.aspx)) is a popular spot for both tourists and locals, featuring picnic areas, walking trails, and scenic views.

For wine enthusiasts, the Seneca Lake Wine Trail (https://senecalakewine.com/)) offers access to over 30 wineries, making Geneva a perfect base for vineyard tours and wine tasting experiences. The proximity to wineries attracts many visitors throughout the year, boosting the demand for short-term rental properties.

Historic sites such as Rose Hill Mansion (https://genevahistoricalsociety.com/visit/rose-hill-mansion/)) provide a glimpse into the region’s rich past and are a draw for history buffs. Additionally, the Smith Opera House (https://thesmith.org/),,) a restored historic theater, hosts a variety of performances including music, film, and live theater, further enhancing the cultural appeal of Geneva.

Given these attractions and its picturesque setting, Geneva, NY, offers a strong appeal for short-term rentals, making it an attractive destination for travelers seeking both relaxation and cultural enrichment.

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