The city of Saratoga Springs will soon have a law on the books regulating short-term rentals.

More than 13% of the homes in Saratoga Springs are used as short-term rentals through companies such as Airbnb or Vrbo. That’s more than one out of every eight homes.

Saratoga Springs Accounts Commissioner Dillon Moran said that the city does not have enough hotel rooms.

The exact fees haven’t been determined, said Moran, but there will be a fee schedule for landlords based upon how often they rent their property.

The council is fine-tuning the legislation and expects it to pass next month, but won’t enforce it until the fall. It will be tried and tested before the 2025 Belmont at Saratoga.

Some people have questioned whether regulation is needed and whether the city will price some homeowners out of the short-term rental market.

Learn why residents believe that the regulations are necessary to preserve their quality of life by watching Mark Mulholland’s story.