If you’re thinking about investing in the (Airbnb) short-term rental market in West Palm Beach, FL, there are a few key trends and data points you should know.
In this blog post, we’ll explore the latest data on the short-term rental market in West Palm Beach and what it means for investors.
Overview of the Short-Term Rental Market
West Palm Beach, located in Palm Beach County, Florida, is a popular tourist destination known for its beautiful beaches, cultural attractions, and warm weather year-round. As a result, the Airbnb rental market in West Palm Beach has seen significant growth over the past few years.
AS of July 2025, according to Chalet, there are currently 1,000 active short-term rentals in West Palm Beach, with an average daily rate of $214 and an occupancy rate of 54.76%. This translates to an annual revenue of $34,941 for short-term rental owners..
Property Values and Rental Yields in West Palm Beach
As the short-term rental market in West Palm Beach continues to grow, so too does the value of properties in the area. According to Zillow, homes in West Palm Beach appreciated by 3.43% over the past year, with a median home value of $409,272. This makes West Palm Beach an attractive market for investors looking to generate a high return on their investment.
AS of July 2025, in fact, the average gross yield for (Airbnb) short-term rentals in West Palm Beach is 8.54%, which is significantly higher than the national average. This means that short-term rental owners in West Palm Beach can expect to generate a strong return on their investment.
However, it’s important to keep in mind that property taxes in West Palm Beach can be relatively high. According to SmartAsset, the average property tax in West Palm Beach is 0.98%. This means that investors should factor in property taxes when calculating their potential returns.
Short-Term Rental Regulations
Investors in the short-term rental market in West Palm Beach can rest assured that the city’s regulations are investor-friendly.
Climate
The climate in West Palm Beach is subtropical, with hot and humid summers and mild winters. The average temperature in the summer months is around 90°F, while the winter months average around 75°F. The city also experiences frequent thunderstorms and occasional hurricanes during the summer and fall months.
