Is it profitable to do Airbnb in Key Largo, The United States?
What is the occupancy rate of Airbnb in Key Largo, The United States?
What is the average daily rate of Airbnb in Key Largo, The United States?
The United States / Key Largo
Key Largo, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Key Largo is booked for 226 nights a year, with a median occupancy rate of 62% and an average daily rate of $292. In 2023, a typical host income (annual revenue) was $63K. As of 12th September, 2024, there are 631 active Airbnb listings.
Average Revenue: $63K/yr
Occupancy Rate
62%
Avg Daily Rate
$292
Upscale
No. of Listings
927
Small
YoY Revenue Change
-8.37%
Best Month
February
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,991
Average
$5,627
High
$8,555
Is Airbnb Profitable in Key Largo?
Yes, there is good short-term rental demand. A 62% 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 Key Largo
Short-term rental regulation is lenient in Key Largo. 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.
We made a guide on things you need to know before starting an Airbnb in The United States, learn how much it costs to start an Airbnb and if it’s profitable to start an Airbnb.
Average Airbnb Occupancy Rate in Key Largo
A typical listing recorded a 62% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 9.4% 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: 62%
631 Active Listings
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Explore Key Largo's Airbnb Data ⟶
Best Areas in Key Largo for Airbnb
Are you wondering where to invest in Key Largo? Look no further!
- John Pennekamp Coral Reef State Park
- Dolphin Plus Bayside
- Key Largo Undersea Park
- Dagny Johnson Key Largo Hammock Botanical State Park
- Christ of the Deep
- Harry Harris Park
- African Queen Canal Cruise
- Florida Keys Wild Bird Rehabilitation Center
- Key Largo Princess Glass Bottom Boat
- Spiegel Grove
Top demand Airbnb in Key Largo
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 631 listings.
See 631 listing Statistics
Professional Short-term rental property managers in Key Largo
We've compiled a list of host profiles that manage the most Airbnb properties in Key Largo. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Key Largo
Here is a breakdown of short-let properties in Key Largo. 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