Is it profitable to do Airbnb in Cedar Key, United States?
What is the occupancy rate of Airbnb in Cedar Key, United States?
What is the average daily rate of Airbnb in Cedar Key, United States?
The United States / Cedar Key
Cedar Key, Airbnb Market Statistics & Data, United States
A typical short-term rental listing in Cedar Key is booked for 234 nights a year, with a median occupancy rate of 64% and an average daily rate of $195. In 2023, a typical host income (annual revenue) was $42K. As of 12th September, 2024, there are 172 active Airbnb listings.
Average Revenue: $42K/yr
Occupancy Rate
64%
Avg Daily Rate
$195
Mid Scale
No. of Listings
185
Small
YoY Revenue Change
-7.38%
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,331
Average
$3,470
High
$5,703
Is Airbnb Profitable in Cedar Key?
Yes, there is good short-term rental demand. A 64% median occupancy rate is considered a good market for Airbnb. The graph below shows the average monthly host income by month.
Tip! investing in a short-term rental can be highly stable and profitable. It’s stable because housing has been one of the most stable asset classes. Also, when you can’t do an Airbnb anymore, you can still rent it out to a long-term tenant with a lower yield. It is highly profitable because the monthly cash flow from short-term rental investment typically is double the amount of traditional rentals.
Starting an Airbnb in Cedar Key
Short-term rental regulation is lenient in Cedar Key. Very few Airbnb listing currently have put their license number on their Airbnb listing. This likely means the local government is not strictly enforcing the short-term rental-related regulations.
Average Airbnb Occupancy Rate in Cedar Key
A typical listing recorded a 64% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 3.63% of the guests are international guests, and visitors from United states is the largest group. Learn more about guest origin!.
You can find the distribution graph of daily rate and revenue in our market dashboard.
You can find the distribution graph of daily rate and revenue in our market dashboard.
Occupancy Rate: 64%
172 Active Listings
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Explore Cedar Key's Airbnb Data ⟶
Best Areas in Cedar Key for Airbnb
Are you wondering where to invest in Cedar Key? Look no further!
- Cedar Key Historical Society Museum
- Cedar Key Museum State Park
- Cedar Key Scrub State Preserve
- Shell Mound
- Cedar Key Railroad Trestle Nature Trail
- Lower Suwannee National Wildlife Refuge
- Atsena Otie Key
- Cedar Key Arts Center
- Seahorse Key
- Cedar Key Public Beach
Top demand Airbnb in Cedar Key
Airbtics has been tracking all Airbnb listings since 2019. This allows us to understand interesting metrics, like which properties earn the most in the market. Here are our top picks. Go to the app to find detailed information about 172 listings.
See 172 listing Statistics
Professional Short-term rental property managers in Cedar Key
We've compiled a list of host profiles that manage the most Airbnb properties in Cedar Key. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Cedar Key
Here is a breakdown of short-let properties in Cedar Key. You might wonder about more specific data before buying an Airbnb property. For example, how much can an average listing with 4 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month? Click the below button and check out more in-depth vacation rental data for free.
Property Size
Amenities
Property Type
Cancelation Policy Type
By Channel Type