Buffalo - 14220

As of October of 2024, Homes in 14220 ZIP Code have appreciated by 7.53%, with the median home value standing at $220,563, according to Zillow.

There are currently 87 active short-term rentals in 14220 ZIP Code. The average daily rate for these rentals is $127. This translates to an annual revenue of $20,707 for short-term rentals as of October of 2024.

14220 ZIP Code is an investor-friendly location with short-term rental regulations favorable to those looking to invest in short-term rentals.

As of October of 2024, the average gross yield for short-term rentals in 14220 ZIP Code is 9.35%. However, potential investors should also consider the average property tax, which stands at 2.43% according to SmartAsset.

The median household income in 14220 is $58,231.

As of October of 2024, the occupancy rate for Airbnb rentals in 14220 is 49%, which is lower than the average occupancy rate for the United States.

As of October of 2024 The unemployment rate in 14220 ZIP Code is 4.4%, which is higher than the national average of 4.1%.

The most impactful amenities for short-term rentals in 14220 include a Baby safety gates, Nespresso machine, and High chair.

14220 ZIP Code is a popular destination for travelers, with Airbnb demand coming from cities like Toronto, Canada (8.83% of all guests), New York, NY (3.55% of all guests), and Buffalo, NY (2.98% of all guests).

The top short-term rental hosts in 14220 ZIP Code include Harjot, Joseph and Evolve. These hosts have an average rating of 4.92, 4.95 and 4.85 respectively.

The most popular property types in 14220 ZIP Code are 2-bedroom units, with an average daily rate of $127 and an annual revenue of $22,396.

The average booking lead time for short-term rentals in 14220 ZIP Code is 57 days.