Mid-Term Rental Market Analytics & Investment Insights
Annual Revenue
$38,500
Based on 82 full time Airbnb rentals
Average Monthly Rate
$3,500
Gross Yield
3.61%
#124 in the USProperty Tax Rate
0.54%
According to Zillow’s Home Value Index Methodology, homes in Key West have depreciated by -4.67% over the last year.
As of July 2025, the Zillow Home Value Index shows a typical home value of $1,066,669 in Key West.
There are 82 active mid‑term rentals, with an average monthly rate of $3,500, resulting in an approximate annual revenue of $38,500 per property.
Key West is considered Investor-Friendly for mid‑term investments.
Average Monthly Rate Trend
$3,500
Active Mid-Term Rentals
82
Mid‑term rentals in Key West offer an average gross yield of 3.61%, with a typical property tax of 0.54%—source: SmartAsset Property Tax Calculator.
The median household income in Key West is $85,639.
Unemployment in Key West is 2.4%, which is lower than the U.S. average of 3.9%.
The most popular type is 1-bedroom with an average monthly rent of $2,550 and an average yearly revenue of $28,050.
| Bedrooms | Listings | Average Monthly Rate | Annual Revenue |
|---|---|---|---|
| Studio | 8 | $2,275 | $25,025 |
| 1 Bedroom | 32 | $2,550 | $28,050 |
| 2 Bedroom | 27 | $4,200 | $46,200 |
| 3 Bedroom | 12 | $6,495 | $71,445 |
| 4 Bedroom | 2 | $0 | $0 |
| 5 Bedroom | 1 | $0 | $0 |
Let our agents guide you to the best mid-term rental investments in Key West, FL
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.