Airbnb & VRBO Performance in Niagara Falls New York.

Short-Term Rental Regulations in Niagara Falls, New York for 2024

Permit Requirements

• Hosts must obtain a permit from the City Clerk's office to legally operate a short-term rental. There are two types of permits:
• Owner-Occupied Permit: For properties where the owner lives on-site and rents out a portion of their home. Limited to 150 permits.
• Non-Owner Occupied Permit: For whole-home rentals where the owner does not live on the property. Limited to 50 permits.

Application and Renewal

• To apply, hosts must submit a completed application form, proof of ownership, proof of primary residence (for owner-occupied permits), floor plan of the rental unit, parking plan, and proof of insurance. The application fee is $250.
• Permits must be renewed annually. The renewal fee is $250 for owner-occupied permits and $400 for non-owner-occupied permits.

Safety and Operational Requirements

• Short-term rentals must pass a fire safety inspection conducted by the Niagara Falls Fire Department, which includes checks for working smoke alarms, carbon monoxide detectors, fire extinguishers, and clear emergency exits. There is a separate $75 fee for the fire inspection.
• Compliance with occupancy limits based on the number of bedrooms.
• Parking requirements: 1 space per bedroom.
• Trash management rules.
• Noise and nuisance provisions.
• Fire safety standards.

Tax Obligations

• Hosts are responsible for collecting and remitting the Niagara County bed tax of 4% on all short-term rental stays.

Additional Requirements

• Hosts must maintain a local contact person who can respond to any issues within 30 minutes.
• The permit must be prominently displayed inside the rental unit, and the registration number must be included on all listings and advertisements.

Eligible Properties

• Short-term rental permits are limited to one- and two-family dwellings. Multi-family apartment buildings, condominiums, mobile homes, RVs, travel trailers, yards, sheds, garages, vehicles, and tents are not eligible unless specifically approved.

Violations and Penalties

• Violations of the ordinance can result in fines ranging from $250-$1000 per day and potential revocation of the short-term rental permit.

Top Neighborhoods for Airbnb Revenue in Niagara Falls, New York

1. Niagara Falls Heritage District

• Appeal: This area is highly sought after due to its proximity to Niagara Falls State Park. Properties like "THE 617" offer a 5-minute walk to Falls Park USA, central air conditioning, and a gas fireplace, making them extremely convenient and comfortable for guests.
• Amenities: No hidden parking fees, family-maintained properties, and easy access to downtown attractions.

2. Downtown Niagara Falls

• Appeal: Guests favor this area for its close proximity to major attractions such as the Seneca Niagara Casino, hiking and biking trails, movie theaters, and a variety of dining options. Properties like the "Red Door - Niagara Falls USA" are fully furnished and located in nice neighborhoods.
• Amenities: Convenient location, multiple queen beds, full baths, and free off-street parking.

3. Niagara Falls BnB District

• Appeal: This neighborhood is popular for its charming mid-century craftsman homes and apartments, such as the "Private River Suite apt", which offer a romantic getaway with amenities like electric fireplaces, kitchenettes, and high-speed internet. The area is also close to the Niagara gorge and river.
• Amenities: Free parking, self-check-in, and walking distance to the Falls.

4. Hyde Park Area

• Appeal: Guests like this area because it is on a quiet residential street yet close to Niagara Falls State Park and numerous restaurants. Properties like "The Gianna 1 bedroom UPPER" are completely remodeled and offer modern comforts.
• Amenities: Close to Hyde Park, modern amenities, and easy access to the Falls.

5. North Tonawanda and Surrounding Suburbs

• Appeal: These areas, such as Wheatfield NY, are appealing for their quiet and safe environment. Properties like the "Mediterranean Style Suite" offer a peaceful retreat with private entrances and dedicated driveways, while still being within a 15-minute drive to Niagara Falls and local wineries.
• Amenities: Private entrances, dedicated driveways, and proximity to wineries and shopping outlets.

These neighborhoods are favored by guests due to their combination of convenience, comfort, and proximity to the main attractions in Niagara Falls, New York.

Crafting an Inviting Airbnb in Niagara Falls: Design and Furnishing Tips

To create an Airbnb in Niagara Falls that is both inviting and reflective of the city's unique style, consider the following tips:

Embrace Local Charm

• Incorporate elements that highlight the historic and natural beauty of Niagara Falls. Use local art, decor that references the falls, and materials that resonate with the area's heritage.

Cozy Aesthetic

• Utilize wood accents and warm color palettes to create a cozy atmosphere, which is particularly appealing during winter stays. This aesthetic aligns well with the historic ambiance of the area.

Modern Comforts

• Ensure the space is equipped with modern conveniences such as fully-equipped kitchens, comfortable sleeping arrangements, and high-quality bedding. Contemporary furniture and stylish interiors can elevate the guest experience.

Amenities Tailored to the Location

• Focus on amenities that are highly valued in Niagara Falls, such as:
• Proximity to the falls and other local attractions.
• Outdoor spaces like decks or patios with views of the falls.
• Pet-friendly options.
• Access to walking paths, hiking trails, and other outdoor activities.

Functional and Stylish Furnishings

• Choose furnishings that are both practical and stylish. For example, a renovated custom kitchen with quartz countertops and stainless steel appliances can add a touch of modern elegance while maintaining functionality.

Fireplaces for Winter Warmth

• Consider adding a fireplace or electric fireplace insert to provide warmth and ambiance during colder days, which is a highly rated feature among guests.

Attention to Detail

• Pay attention to details such as blackout blinds in bedrooms, TVs with streaming services, and spa-like bathrooms with modern fixtures. These elements can significantly enhance the comfort and appeal of the space.

Compliance with Local Regulations

• Ensure that your Airbnb complies with local regulations, including obtaining the necessary permits and adhering to rules on parking, occupancy limits, and noise levels.

Personal Touches

• Add personal touches such as fresh linens, towels, and local decor to make the space feel welcoming and like a home away from home.

By incorporating these tips, you can create an Airbnb in Niagara Falls that is not only inviting but also reflective of the city's unique charm and attractions.

Exploring Niagara Falls, New York: Local Attractions and Insider Tips

Must-Visit Attractions

Niagara Falls State Park

• Cave of the Winds: Descend 175 feet into the Niagara Gorge and experience the power of the Falls from the Hurricane Deck.
• Maid of the Mist: Take a boat tour into the basin of the Horseshoe Falls for an unforgettable experience.
• Observation Tower: Enjoy panoramic views of all three Niagara Falls.
• Hiking Trails: Explore over 15 miles of trails, including those in the Niagara Gorge.

Other Local Attractions

• Aquarium of Niagara: Discover an array of marine life just a few blocks from Niagara Falls State Park.
• Devil’s Hole State Park: Hike and explore the scenic trails and vistas of this nearby park.
• Fort Niagara State Park: Visit for historical significance and additional outdoor activities.

Insider Tips

Best Times to Visit

• Weekdays: Avoid weekends and holiday weekends for shorter wait times at attractions. Tuesday, Wednesday, and Thursday are the best days to visit during the summer.

Getting Around

• Niagara Scenic Trolley: Use this vintage-style trolley for a convenient and fun way to navigate the park.

Special Experiences

• Fireworks: Check the schedule to catch the magical fireworks display over the Falls.
• Illuminations: Witness the nighttime illumination of the Falls for a unique perspective.
• Beyond the View Walking Tour: Take a guided walking tour with wheelchair-accessible trails to observe the park's beauty.

Seasonal Activities

• Winter Festivals: Enjoy various winter festivals and holiday events, including the spectacle of the 'Frozen Falls'.
• Summer Events: Participate in free outdoor concerts, festivals, and events during the summer months.

Dining and Shopping

• In-Park Dining: Enjoy a range of café fare, snacks, and treats within the park.
• Top of the Falls Restaurant: Treat yourself to a meal with a panoramic view of the Falls.
• Old Falls Street USA: Explore seasonal food vending, festivals, and family-friendly activities.

Additional Tips

• Download the New York State Parks Explorer App: Get helpful information about various destinations and activities within the state parks.
• Explore Beyond the Falls: Visit nearby attractions such as the Castellani Art Museum, Escape Niagara, and the Niagara Wine Trail.

Practical Tips to Run a Successful Short-Term Rental Business in Niagara Falls, New York

To ensure a smooth and enjoyable experience for both hosts and guests in Niagara Falls, New York, several practical tips can be implemented:

Noise Regulations and Guest Communication

Inform guests about the city's noise bylaws and quiet hours through a clear notification in the standard rental agreement. This helps maintain a respectful environment for neighbors and ensures compliance with local regulations.

Comprehensive House Manual

Create both digital and physical house manuals that include essential instructions, such as Wi-Fi passwords, appliance usage, and emergency contact information. This manual should also outline the property's rules and guidelines to avoid any misunderstandings.

Simplified Check-in Process

Utilize smart locks to streamline the check-in process, eliminating the need for physical key exchanges. Provide guests with detailed instructions on how to access the property, including photos of the lock and any other relevant access points.

Parking Instructions

Include detailed parking instructions with photos in the house manual to help guests understand where and how to park. This is particularly important given the city's requirements for minimum parking spaces and adherence to site-specific zoning amendments.

By following these tips, hosts can enhance guest satisfaction, reduce potential issues, and ensure their short-term rental business operates smoothly and in compliance with local regulations.

Here is a brief list of house cleaning providers in Niagara Falls, New York:

House Cleaning Services

Maid Brigade of Western New York

• Provides high-quality home and commercial cleaning services.
• Offers customized cleaning plans, including weekly, bi-weekly, and monthly cleanings.
• Uses green cleaning options and is Green Seal certified.
• Bonded, insured, and background-checked employees.

Jenn's Cleaning Service

• Locally-owned company serving Niagara Falls for over 23 years.
• Offers both residential and commercial cleaning services.
• Provides a range of cleaning services, including deep cleaning and special event cleaning.

Turno's Vetted Cleaners

• Specializes in Airbnb and vacation rental cleaning.
• Includes cleaners such as Darren Super Cleaner, Tamya, Jennifer Super Cleaner, and Angela Super Cleaner.
• All cleaners are bonded, insured, and have passed recent background checks.

Local House Cleaning Services Listed on Care.com

• Offers a variety of house cleaning services with rates starting at $20.82/hr.
• Allows users to compare and hire local house cleaning services based on rates, reviews, and experience.

House Cleaners Listed on Angie's List

• Includes top-rated house cleaners in Niagara Falls with real reviews and ratings.
• Provides information on average costs and services offered by various house cleaners.

Short-Term Rental Management Fees in Niagara Falls, New York: A Breakdown

In Niagara Falls, New York, managing a short-term rental can incur management fees that typically range from 10% to 30% of the rental revenue, depending on the level of service provided. Full-service management, which includes comprehensive services such as guest communication, marketing, and property maintenance, tends to be on the higher end of this spectrum, often ranging from 18% to 30% of the rental income. In contrast, basic services may be more affordable, starting at around 10% to 12% per booking. Additional fees can also apply for specific services like cleaning, repairs, or interior design, further impacting the overall cost. Companies like MasterHost and Hemlane offer various tiers of service, allowing hosts to choose the level of management that best fits their needs and budget.