Airbnb Market Analytics & Investment Insights
Annual Revenue
$79,135
Based on 1218 full time Airbnb rentals
Average Daily Rate
$674
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.
7.75%
Occupancy Rate
62%
Place a Key West, FL Airbnb in service before 12/31 and claim 100% bonus depreciation.
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 $79,135 and achieving a 62% occupancy rate. With around 1,218 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 -4.67% over the last year.
As of September 2025, the Zillow Home Value Index shows a typical home value of $1,020,625 in Key West, FL.
There are 1,218 active short-term rentals, with an average daily rate of $674, resulting in an approximate annual revenue of $79,135 per property.
From the occupancy rate standpoint and demand data, March, February, and January are the top performing months in Key West. The occupancy rate in March is 77% and average daily rate is $682. The occupancy rate in February is 75% and average daily rate is $858. The occupancy rate in January is 71% and average daily rate is $919.
Key West, FL is considered Investor-Friendly for short-term investments. See Key West, FL Rental Regulations for more information.
Average Daily Rate Trend
$674
Occupancy Rate Trend
62%
Monthly Occupancy Rate Trend
70%
Monthly Average Daily Rate Trend
$879
Let our agents guide you to the best short-term rental investments in Key West, FL
Active Short-Term Rentals
1,218
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 7.75%, 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 62%, 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 $601 and an average yearly revenue of $140,475.
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
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 | 77% | $245.47 | $68,989 |
| 1 Bedroom | 344 | 62% | $472.06 | $106,827 |
| 2 Bedroom | 433 | 64% | $601.35 | $140,475 |
| 3 Bedroom | 129 | 64% | $785.59 | $183,514 |
| 4 Bedroom | 86 | 61% | $1254.04 | $279,212 |
| 5 Bedroom | 19 | 71% | $1800.36 | $466,563 |
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 $29,563 annual revenue and 1647 active listings, achieving a 3% 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 | 3% | $29,563 | 1,647 | $1007K |
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 PotentialConnect with a lender specializing in short-term rentals in Key West, FL