Airbnb Market Analytics & Investment Insights
Annual Revenue
$64,288
Based on 1162 full time Airbnb rentals
Average Daily Rate
$418
Gross Yield
Disclaimer
This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
6.27%
Occupancy Rate
57%
Yes — operating a short-term rental in Key West, FL can be highly profitable. Key West, FL Airbnb listings sees consistent guest demand, with Airbnb hosts earning an average annual revenue of $64,288 and achieving a 57% occupancy rate. With around 1,162 active vacation rentals on the market, Key West, FL offers strong opportunity for investors while still avoiding the oversaturation seen in some larger U.S. cities.
According to Zillow's Home Value Index Methodology, homes in Key West, FL have depreciated by -6.32% over the last year.
As of November 2025, the Zillow Home Value Index shows a typical home value of $1,025,893 in Key West, FL.
There are 1,162 active short-term rentals, with an average daily rate of $418, resulting in an approximate annual revenue of $64,288 per property.
From the occupancy rate standpoint and demand data, July, August, and June are the top performing months in Key West. The occupancy rate in July is 57% and average daily rate is $530. The occupancy rate in August is 52% and average daily rate is $501. The occupancy rate in June is 52% and average daily rate is $501.
Key West, FL is considered Investor-Friendly for short-term investments. See Key West, FL Rental Regulations for more information.
Get matched with top Key West, FL realtors who specialize in short-term rentals — they know which neighborhoods actually cash flow and which to avoid.
Explore ADR trends by bedroom count and monthly seasonality
ADR comparison across different property sizes in Key West, FL
$418
Seasonal ADR fluctuations throughout the year in Key West, FL
$492
The Average Daily Rate (ADR) in Key West, FL varies from $492 in low season to $637 during peak months, with an annual average of $492.
Peak ADR: typically in January, February, April, averaging $637 per night.
Shoulder season: ADR around $528 maintains solid RevPAR with high occupancy.
Low months: ADR drops to $492, offering new investors a cost-effective entry point.
Dynamic pricing 30–45 days before peak months helps capture high-value early bookings.
Explore occupancy trends by bedroom count and monthly seasonality
Occupancy comparison across different property sizes in Key West, FL
57%
Seasonal occupancy fluctuations throughout the year in Key West, FL
42%
Key West, FL's short-term rental market shows strong year-round demand with clear seasonal peaks. In 2025, average monthly occupancy ranged from 38% in October to 57% in July, with an annual average of 42%.
The Monthly Occupancy Rate chart shows:
Summer (June–August): occupancy averages 54%, fueled by tourism and family travel.
Winter (Dec–Feb): occupancy dips to around 47%, ideal for mid-term rentals or maintenance downtime.
Spring/Fall: steady 46% with balanced supply and demand.
Revenue trends reflecting occupancy and ADR patterns throughout the year
Revenue per active listing by month in Key West, FL
$6,184
Revenue directly reflects occupancy × ADR patterns:
High season: hosts earn $8,709– $8,709/month.
Shoulder months: typically $6,592/month.
Low months: about $5,785/month, but extended stays often smooth cash flow.
Across 2025, the average annual Airbnb revenue per active listing in Key West, FL was $74,208, supported by an average occupancy of 48% and ADR of $551.
Seasonal performance comparison across occupancy, ADR, and monthly revenue
| Season | Avg. Occupancy | Avg. ADR | Avg. Monthly Revenue |
|---|---|---|---|
| Summer (Jun–Aug) | 54% | $511 | $7,958 |
| Fall (Sep–Nov) | 40% | $510 | $5,638 |
| Winter (Dec–Feb) | 47% | $599 | $6,462 |
| Spring (Mar–May) | 51% | $586 | $7,092 |
Get matched with top Key West, FL lenders who specialize in short-term rental financing — they understand STR underwriting and offer competitive rates for investment properties.
Active Short-Term Rentals
1,162
Before setting up an Airbnb in Key West, FL, it's essential to review the city's short-term rental regulations. Platforms like Airbnb and Vrbo are popular inKey West, FL, but hosts should understand how local policies may apply to their property.
Overall, Key West, FL's regulations are considered relatively host-friendly, though certain neighborhoods may be subject to zoning restrictions. In some cases, property owners may need to register their rental with the city and comply with limits on the number of permits a single host can hold. Additionally, short-term rental operators are required to pay local lodging and Airbnb-related taxes to remain compliant.
For a complete breakdown, visit our guide to Airbnb laws in Key West, FL
Short-term rentals in Key West, FL offer an average gross yield of 6.27%, with a typical property tax of 0.54%—source: SmartAsset Property Tax Calculator.
The median household income in Key West, FL is $85,639.
The occupancy rate for Airbnb rentals in Key West, FL is 57%, which is higher than the average occupancy rate for the United States of 54%.
The most popular type is 2-bedroom with an average daily rate of $437 and an average yearly revenue of $74,565.
Unemployment in Key West, FL is 2.4%, which is lower than the U.S. average of 4.1%.
Discover the leading hosts in Key West, FL ranked by guest ratings and active listings. These hosts combine scale with exceptional guest satisfaction, setting the benchmark for success.
Brightwild leads the market with 113 active listings and maintains an exceptional 4.74 average guest rating.
Last Key leads the market with 80 active listings and maintains an exceptional 5.00 average guest rating.
Paul Neil leads the market with 65 active listings and maintains an exceptional 4.85 average guest rating.
These top performers serve as benchmarks for what drives success in Key West, FL's competitive short-term rental scene. Their strategies combine operational efficiency with outstanding guest experiences, making them the gold standard for aspiring hosts and property managers in the area.
10 hosts available
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Key West, FL is a popular destination for travelers, with Airbnb demand coming from cities like Miami (2.68% of all guests), New York (2.08% of all guests), and Tampa (1.32% of all guests).
The average booking lead time for short-term rentals in Key West, FL is 82 days.
The top short-term rental hosts in Key West, FL include Brightwild, Last Key and Paul Neil. These hosts have an average rating of 4.74, 5.00 and 4.85 respectively.
| Bedrooms | Listings | Occupancy | Average Daily Rate | Annual Revenue |
|---|---|---|---|---|
| Studio | 15 | 56% | $345 | $70,694 |
| 1 Bedroom | 344 | 53% | $347 | $67,317 |
| 2 Bedroom | 433 | 47% | $437 | $74,600 |
| 3 Bedroom | 129 | 39% | $559 | $79,982 |
| 4 Bedroom | 86 | 45% | $906 | $149,770 |
| 5 Bedroom | 19 | 49% | $1294 | $233,274 |
Looking for the most profitable areas to invest in Key West, FL short-term rentals? These neighborhoods stand out for strong returns and steady demand.
33040 leads with $59,439 annual revenue and 1728 active listings, achieving a 6% gross yield.
These top-performing neighborhoods combine solid occupancy with competitive daily rates, making them some of Key West, FL's most promising Airbnb investment opportunities. Their success serves as a benchmark for what drives profitability in the local market.
Explore detailed analytics for every neighborhood in Key West, FL. Click on any zipcode to view comprehensive data including occupancy rates, revenue projections, and investment potential.
| Rank | Neighborhood (Zipcode) | Gross Yield | Annual Revenue | Active Listings | Median Home Value |
|---|---|---|---|---|---|
| 1 | 33040 | 6% | $59,439 | 1,728 | $961K |
Click any zipcode above to explore detailed analytics for that specific neighborhood in Key West, FL. Each neighborhood page includes comprehensive data on occupancy rates, seasonal trends, and investment projections.
Zipcode Analytics
Click on any zipcode to view detailed analytics for that area. Data includes occupancy rates, seasonal trends, and investment projections.
Thinking about investing in a Key West, FL short-term rental? Chalet Airbnb revenue calculator helps you quickly estimate how much you could earn in any neighborhood across the city. Get instant, data-backed insights into occupancy, daily rates, and annual revenue to identify the most profitable Airbnb opportunities in Key West, FL.
Calculate Your Income PotentialDiscover other high-performing Airbnb markets in the same state as Key West, FL