Is Airbnb profitable in Key West, FL?
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.
How much have home values changed YoY in Key West, FL?
According to Zillow's Home Value Index Methodology, homes in Key West, FL have depreciated by -4.67% over the last year.
What is the median home value in Key West, FL?
As of August 2025, the Zillow Home Value Index shows a typical home value of $1,066,669 in Key West, FL.
How many short-term rentals are active 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.
When is the highest demand for Airbnb in Key West, FL?
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.
Is Key West, FL investor-friendly for short-term rentals?
Key West, FL is considered Investor-Friendly for short-term investments. See Key West, FL Rental Regulations for more information.
