Elmira, NY

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

73 / 151

Reliable / Active

Cap Rate

19%

Middle-Earners Gross Yield

Revenue

$21,990

Middle-Earners Revenue

Occupancy

50%

Middle-Earners Occupancy

Home Value

$117,533

Median Home Sale Price

Top Earners

$33,428

Top-Earners Revenue

Elmira

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Elmira.

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B

Generally Investor friendly

Elmira Regulations

STRs are broadly allowed citywide with no municipal permit or caps, but investors must meet moderate state/county obligations (certificate of authority, state sales/hotel taxes, 4% county occupancy tax), follow safety standards, and monitor ongoing regulatory changes.

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About Elmira

Elmira () is a city and the county seat of Chemung County, New York, United States. It is the principal city of the Elmira, New York, metropolitan statistical area, which encompasses Chemung County. The population was 26,523 at the 2020 census, down from 29,200 at the 2010 census, a decline of more than 7 percent.The City of Elmira is in the south-central part of the county, surrounded on three sides by the Town of Elmira. It is in the Southern Tier of New York, a short distance north of the Pennsylvania state line.

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