Is it profitable to do Airbnb in Merritt Island, The United States?
What is the occupancy rate of Airbnb in Merritt Island, The United States?
What is the average daily rate of Airbnb in Merritt Island, The United States?
The United States / Merritt Island
Merritt Island, Airbnb Market Statistics & Data, The United States
A typical short-term rental listing in Merritt Island is booked for 237 nights a year, with a median occupancy rate of 65% and an average daily rate of $204. In 2023, a typical host income (annual revenue) was $50K. As of 12th September, 2024, there are 188 active Airbnb listings.
Average Revenue: $50K/yr
Occupancy Rate
65%
Avg Daily Rate
$204
Upscale
No. of Listings
240
Small
YoY Revenue Change
5.44%
Best Month
March
** Period: 2023 Aug - 2024 July | Last Updated on: 12th September, 2024
Revenue By Month
2023-08 - 2024-07
Low
$2,102
Average
$3,961
High
$6,054
Is Airbnb Profitable in Merritt Island?
Yes, there is good short-term rental demand. A 65% 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 Merritt Island
Short-term rental regulation is lenient in Merritt Island. 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 Merritt Island
A typical listing recorded a 65% average occupancy rate between 2023-08 - 2024-07. In this graph, you can see the occupancy rate distribution. About 7.24% 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: 65%
188 Active Listings
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Explore Merritt Island's Airbnb Data ⟶
Best Areas in Merritt Island for Airbnb
Are you wondering where to invest in Merritt Island? Look no further!
- Kennedy Space Center Visitor Complex
- Canaveral National Seashore
- Merritt Island National Wildlife Refuge
- Cocoa Beach
- Exploration Tower
- Jetty Park
- Cocoa Village
- Manatee Sanctuary Park
- Space Coast Stadium
- Port Canaveral
Top demand Airbnb in Merritt Island
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 188 listings.
See 188 listing Statistics
Professional Short-term rental property managers in Merritt Island
We've compiled a list of host profiles that manage the most Airbnb properties in Merritt Island. The dashboard shows their average occupancy rate, revenue, and year-over-year changes.
Other short-term rental market data in Merritt Island
Here is a breakdown of short-let properties in Merritt Island. 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