The Market
Why Finger Lakes is One of the World's Premier STR Markets
The Finger Lakes are eleven glacial lakes stretched across upstate New York like the handprint the Iroquois legend says they are — with Seneca, Cayuga and Keuka at the center of the country's most important wine region east of the Pacific. More than a hundred wineries line the lake slopes, Watkins Glen State Park runs a gorge of nineteen waterfalls up from Seneca's southern tip, and Ithaca packs Cornell, its own gorges and a college-town food scene onto Cayuga's shore. Lake houses with docks, farmhouses in the vineyards, village cottages in Skaneateles and Hammondsport — the rental inventory is as varied as the towns, and so are the rules, because in the Finger Lakes short-term rental regulation is decided town by town, not regionally.
This is one of the highest-yield rental regions in the Northeast, mostly because the entry prices never caught up to the demand. Blended nightly rates run around $275 with annual occupancy near 48%, and peak-season occupancy climbs toward 70% from June through August. The calendar stacks well: summer lake season, September and October harvest — when the wine trails run crush weekends and the hills turn — plus Cornell and Ithaca College graduation in May, NASCAR's August weekend at Watkins Glen International, and foliage couples deep into October. Stays average close to four nights, longer than most drive-to markets, because guests come to tour wine country, not to pass through. Waterfront with a dock is the premium product; a vineyard view is the next best thing.
Top Attractions & Landmarks
- Watkins Glen State Park
- Taughannock Falls State Park
- Seneca Lake Wine Trail
- Keuka Lake and Hammondsport
- Corning Museum of Glass
- Watkins Glen International
- Skaneateles village
Nearby Markets: The Catskills | Lake Placid | New York City