Saint Petersburg, Florida
Airbnb Market Statistics & Data
USA

Is it profitable to do Airbnb in Saint Petersburg, Florida, USA?

What is the occupancy rate of Airbnb in Saint Petersburg, Florida, USA?

What is the average daily rate of Airbnb in Saint Petersburg, Florida, USA?


Last updated on: 15th May, 2024



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USA / Florida / Saint Petersburg, Florida
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 rentals typically is double the amount of traditional rentals.
The true profit from home investing comes from capital appreciation and cash flow from your rental. Between 1850 and 2015, globally, the average home value appreciated at 5.5% annually. If your short-term rental yields 3% of your total initial investment, your investment's annual return is 8.5% before taxes are considered.
Without further ado, let's see if Saint Petersburg, Florida is good for Airbnb.
Occupancy Rate

67%

$166

Daily Rate

$42K+

Revenue (2023)

11.2%

Net Yield

296

Number of Listings
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Is Airbnb Profitable in Saint Petersburg, Florida ?

Yes, it's profitable to Airbnb because the average net rental yield for a one-bedroom property is 11.2%.
The national median net short-term rental yield is 5.4% in the USA. For more context, a traditional rental can typically yield 2-4% if you don't have to pay a mortgage interest. A typical 1 bedroom listing in Saint Petersburg, Florida is booked for 212 nights a year, with a median occupancy rate of 58% and an average daily rate of $120. In Saint Petersburg, Florida, A typical host income (annual revenue) was $25,652 in 2023.

Best Areas in Saint Petersburg for Airbnb

Are you wondering where to invest in Saint Petersburg? Look no further! Here are 10 areas travelers often search for. You can find the short-term rental statistics of all of these neighborhoods from Airbtics! Check out which neighborhood has the highest rental demand. 🚀
  1. City Center
  2. North East Park
  3. Old Northeast
  4. Historic Kenwood
  5. Downtown Waterfront
  6. Beach Drive
  7. Grand Central District
  8. Tropicana Field
  9. Edge District
  10. Sundial St. Pete
Okay, you might wonder about more specific data. For example, how much can an average listing with 2 bedrooms and a pool make? Or, what is the seasonality in booking? When is the peak month?
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Explore Saint Petersburg, Florida's Airbnb Data
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