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In Cayuga County, New York, short-term rentals (STRs) are often referred to as "vacation rentals" or "tourist accommodations." These rentals are legal but regulated, requiring property owners to adhere to specific guidelines established by local authorities. The Cayuga County Hotel Room Occupancy Tax Law mandates a tax of 5% on the rent for every occupancy of a room, primarily administered by the Cayuga County Treasurer's Office. Property types that thrive in this market include rural cabins and lakeside homes, appealing to tourists looking for scenic getaways, as well as urban apartments catering to both tourists and occasional business travelers. The overall market is heavily influenced by seasonal tourism, particularly during the summer months, driven by outdoor activities and the area's natural attractions. The local government, particularly the Cayuga County Legislature, oversees the regulation of these rentals, ensuring compliance with zoning and permitting requirements. For further information, please visit the official websites: Cayuga County Occupancy Tax and Cayuga County Local Law.
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