Miami, Florida Airbnb Market Data 2026

How much does a Miami Airbnb earn, and will the city let you run one in the place you're about to buy?

Well, in Miami the second question comes down to what kind of building you're buying, so I'll start there. Inside the City of Miami, a single-family home or duplex in the T3 or T4-R zones isn't eligible for short-term rental use. A condo or apartment in a zone that allows lodging can qualify, but only through a lodging conversion, and in a condo building the association has to sign off on it. If the deal you had in mind is a house on a quiet residential street, unfortunately that's the version the city turns down, whereas a unit in a building whose association allows short stays is the version it has a process for.

The market you'd be joining had a strong year on price. In the year to August 2026, nightly rates across every listing BNBCalc tracks here rose about 16%, although the number of listings grew nearly 7% and occupancy slipped, and most of that new supply showed up in the summer. I'm covering the City of Miami, in Miami-Dade County, Florida, which holds about six in every seven of this market's listings, while the rest sit in places like Doral and Key Biscayne, where Miami's zoning code doesn't apply.

How Much Do Miami Airbnbs Earn in 2026?

When I line Miami's bedroom counts up on gross yield instead of revenue, the one-bedroom stands out. A typical one-bedroom returns roughly twice the gross yield of a studio, a three-bedroom or a four-plus-bedroom home, with two-bedrooms landing in between, so revenue doesn't keep pace with the purchase price as the units get bigger. That lines up with where the listings cluster, too, because the typical listing in Brickell and downtown has one bedroom, and those neighborhoods sit almost entirely in T6, the city's urban core zoning.

Who will you be competing with? A large share of Miami's listings belong to professional hosts, so expect to price against full-time operators from your very first booking. If you'd rather hand that work to someone else, the Miami property management roundup compares local companies, but keep in mind a manager doesn't change what your zone and your building allow.

Miami's best performers, the listings BNBCalc groups into its top tier, take in a little more than twice what the average listing does. I'd treat that group as the ceiling a strong operator can reach, while the plan itself should rest on the typical listing, with anything above it counted as upside.

Is the Miami Airbnb Market Oversaturated?

That competition grew over the year, and when it arrived matters more than the headline number lets on.

Metric	Year-over-year change
Average nightly rate	+16.5%
Total market revenue	+12.6%
Active supply	+6.7%
Purchase price	+0.7%
Booking lead time	+0.2%
Occupancy	−4.5%

BNBCalc data across all listings BNBCalc tracks in the market, with the twelve months ending August 2026 set against the twelve months ending August 2025. Since every row gets worked out independently, no two rows combine into a third, and purchase price reflects local home values rather than rentals.

No, I wouldn't call Miami oversaturated on the year as a whole. The listing count grew 6.7% while total market revenue grew 12.6%, so once that revenue is spread across the larger listing count, the average listing still took in about 5.6% more. Over the same year, occupancy slipped 4.5% while the average nightly rate rose 16.5%. Booking lead time barely moved, up 0.2%, so guests are planning about as far ahead as they were.

Measured against a longer baseline, October 2022 to September 2023, rates per night have climbed 24.8% while occupancy has dropped 18.9%, and the market has 7.0% more listings. Guests are paying a lot more per night for fewer booked nights than they did in 2023, so I wouldn't count on rates doing all the work again.

The timing tells a different story. From September through January, a stretch that runs into peak season, the listing count sat below the year before. Then from June to August it ran roughly 25% to 30% higher than in June to August 2025, and by August it had reached the highest monthly level in BNBCalc's Miami series, which goes back to October 2022.

June and July still paid, since nightly rates ran more than 40% above the year before. Why the jump? My guess is the seven World Cup matches that Miami-Dade County's host page lists between mid-June and mid-July. August is where the new supply started to bite: rates were only about 3% above August 2025, occupancy fell 23.6%, and the month's total revenue came in a little below August 2025's even with about a quarter more listings.

Is that summer surge a warning sign? Not yet, in my view, but whether those listings stay through the winter is what I'd watch before buying, because a quarter more competition during the peak months would make this a different market.

When Is Miami's Peak Airbnb Season?

That winter is Miami's peak season, running from December through April, when occupancy stays above 50% every month and the market takes in about half of its revenue for the year.

Month	Occupancy	Avg nightly rate	RevPAR
Sep 2025	34%	$214	$62
Oct 2025	41%	$236	$84
Nov 2025	46%	$259	$101
Dec 2025	51%	$349	$154
Jan 2026	56%	$318	$145
Feb 2026	55%	$337	$157
Mar 2026	56%	$372	$189
Apr 2026	51%	$309	$145
May 2026	43%	$282	$117
Jun 2026	38%	$342	$127
Jul 2026	40%	$341	$132
Aug 2026	33%	$241	$74

Monthly figures from BNBCalc across all listings BNBCalc tracks in the market. Occupancy, nightly rate and RevPAR (revenue per available night) are averaged one at a time, which is why multiplying the first two won't reproduce the third.

March is the high point, with 56% occupancy and a $372 average nightly rate that no other month matched, and it brought in about 12% of the year's revenue on its own. June and July 2026 charged close to winter rates, $342 and $341, while filling only 38% and 40% of their nights. That summer was unusual, and I wouldn't budget on it happening again when June and July 2025 averaged about $240 a night.

The slow stretch runs from late summer into fall. August had the lowest occupancy of the year at 33%, and September the lowest nightly rate, $214, along with the smallest slice of revenue, about 4%. What does that mean for your plan? If you spread the year's revenue evenly across the calendar, you'll look ahead of it through the winter and behind it from August to November.

The week has its own shape as well. In BNBCalc's current all-listing figures, Saturday occupancy runs 25% above the week's average and Friday's 21% above, while Tuesday's sits 19% below and Monday's 17% below. Rates move about half as much, reaching 13% above average on both weekend nights. That gap between how hard demand swings and how little prices follow is the first thing I'd tune on a Miami listing.

Where Should You Buy an Airbnb in Miami?

Pricing only helps on a listing you're allowed to run, though, so before you compare neighborhoods on revenue, you'll want to know which zone a street sits in.

About six in every seven listings in this market sit inside the City of Miami, so I placed the city's measurable listings into its official neighborhood boundaries and ranked the top 15 by median annual revenue. Then I added a last column for the share of each neighborhood's listings in T3 or T4-R zones, where the city says single-family homes and duplexes aren't eligible.

Rank	Neighborhood	Median annual revenue	Median nightly rate	Median occupancy	75th-percentile revenue	Listings in T3 or T4-R zones
1	East Grove (Coconut Grove)	$108,133	$963	32%	$191,809	100%
2	Brentwood	$56,149	$546	31%	$116,835	60%
3	Brickell Village	$54,002	$385	36%	$73,275	0%
4	North Grove (Coconut Grove)	$53,816	$626	31%	$70,069	100%
5	Omni/PAC	$51,420	$435	33%	$64,206	0%
6	Grove Center (Coconut Grove)	$47,585	$331	41%	$69,703	0%
7	Brickell Business District	$45,323	$344	37%	$62,275	0%
8	Baypoint	$43,681	$325	43%	$53,080	8%
9	West Brickell	$41,274	$300	42%	$55,868	0%
10	Edgewater	$40,506	$298	38%	$55,740	0%
11	Midtown	$40,395	$325	38%	$51,277	0%
12	North Sewell Park	$39,453	$479	30%	$53,597	40%
13	Silver Bluff	$39,322	$359	34%	$63,981	86%
14	South Grove Bayside (Coconut Grove)	$37,448	$285	38%	$53,781	13%
15	The Roads	$37,224	$289	38%	$176,855	69%

Medians from BNBCalc listing data for 2026 over a trailing twelve months, placed with the City of Miami's official neighborhood boundaries and zoned with the city's Miami 21 map. The 75th-percentile column marks the revenue a listing needs to reach the top quarter of its neighborhood. Because medians are taken column by column, the columns can't be multiplied together, and a neighborhood without enough listings to measure doesn't get a row.

Start with the zoning column. I'd read the top of that table with some suspicion, because East Grove, Brentwood and North Grove rest on thin samples of three- and four-bedroom homes, and every listing BNBCalc places in East Grove and North Grove sits in T3 or T4-R zoning. I can't tell from listing data which of those homes rent by the month or hold some other approval, but you can't count on converting a house there, so their medians don't describe anything you'd be able to buy and run.

Brickell Village is where I'd start reading the usable part of the table, with a $54,002 median, a typical listing of one bedroom and zoning that's almost entirely T6. Omni/PAC follows at $51,420, and the Brickell Business District, at $45,323, rests on the largest sample of any neighborhood in the city, which makes it the steadiest benchmark on the list. If filling nights matters more to you than rate, Baypoint and West Brickell fill more of their nights than the rest of the top ten, with median occupancy of 43% and 42%.

The Roads is the odd one out, because its 75th-percentile revenue of $176,855 is nearly five times its median, which tells me the top quarter of its listings earn far more than the typical one. Most of its listings sit in T3 or T4-R zones as well, as do most of Silver Bluff's, so check the zoning on any single address in either one before you trust that upside.

Each figure in the occupancy column belongs to one neighborhood's middle listing, so I'd use it to compare neighborhoods with each other and never hold it up against the monthly table.

What about the roughly one listing in seven outside the city? Measured on US Census place boundaries, Key Biscayne posts a $50,245 median against $33,799 for the City of Miami, and Doral comes in lower at $31,852. Neither follows Miami 21, so I wouldn't carry the city's zoning rules across the city line. For what each Miami neighborhood is like to own in, the best Miami neighborhoods for Airbnb goes deeper, and I'd check every name on its list against the zoning column first.

Which Amenities Make the Most Money in Miami?

Once you've found a building the city will let you convert, what comes with the unit moves revenue next.

A pool is the amenity BNBCalc's current model ties most closely to revenue in Miami, at about 23% more for a listing that has one, and it's the only value the public market page prints. Broken out by bedroom count, that figure runs from about 19% on a one-bedroom to 22% on a three-bedroom and 36% on a four-plus-bedroom home, while at two bedrooms a hot tub carries the strongest signal instead. In a condo tower, the pool is part of the building's package rather than something you add to a unit, so I'd count it as one more reason to pick the building carefully.

The model also finds a measurable effect for seven others in Miami: a hot tub, parking, a gym, bicycles, an EV charger, a sauna and lake access. Their Miami percentages are gated, which is why I've listed them as names only. The model deliberately skips a few basics nearly every listing already offers, since those can't tell a strong listing from a weak one.

Cleaning fees round out the picture. Listings that charge one average about $137, and cleaning revenue works out to roughly $1,960 a year per listing when it's averaged across the market. Most of that money goes to the cleaner, so I'd set the fee to cover each turnover rather than count it as profit.

Is Airbnb Legal in Miami?

Yes, as long as both the zone and the building qualify, and I'd settle that before any Miami revenue figure goes into your spreadsheet.

Florida sets the outer limits, and its legislature has already taken two options off every local government's table. Under state law, a local rule can't ban vacation rentals outright or set limits on how long or how often a unit is rented, and only rules local governments had already adopted by June 1, 2011 escape that limit. The state does license them itself, though, and its vacation rental category covers condo and co-op units and houses with one to four units. If you book one of those for stays shorter than 30 consecutive days more than three times a calendar year, or market it as a regular short-stay rental, you'll need a license from the state Department of Business and Professional Regulation (DBPR). Running one without that license is a second-degree misdemeanor.

The city's rules go further. The City of Miami decides where short stays can happen, because it treats a stay of less than 30 days as a lodging use under its Miami 21 zoning code, so it's only allowed in zones where the code permits lodging. The T3 zones, the city's sub-urban single-family and duplex areas, permit no lodging use at all. The city also says single-family homes and duplexes in T3 and T4-R zones aren't eligible for short-term rental or lodging use, and it ties that position to its court case against Airbnb. About a quarter of this market's listings inside the city sit in T3 zones, and since I can't see which of them rent monthly or hold another approval, I'd leave them out of your comparisons.

Apartments and condos in eligible zones can convert, although I'd think of it as a small hotel approval rather than a listing. In a condo, the owner applies for a building permit with an evaluation form that the condo or homeowners association has to certify, confirming its governing documents allow short-term rentals. An operational management plan goes in with it, covering the lobby or front desk, a 24-hour contact, guest access and housekeeping. Once more than 25% of a building's units are used as transient lodging, the entire building has to meet the Florida Building Code's hotel (R-1) occupancy standards, which is why the association has to keep count. After inspections, you'll need a new certificate of occupancy, the state DBPR license, a new certificate of use from the city's Zoning Department and a city business tax receipt. The county adds its own paperwork, a tourist tax account and possibly a county business tax receipt, depending on how many units you rent.

That association sign-off is the gate most Miami condo buyers hit first, and it's the check I'd make ahead of every other one. Under Florida condo law, an amendment that bans rentals or limits how long or how often owners rent binds the owners who agreed to it and anyone who buys after it passes. In other words, the declaration in force on closing day is the one you'll live under. Make sure you read the declaration and every amendment, and ask whether the association will certify the city's form, before you sign a contract.

Approval doesn't end at opening day, either. You'll renew the certificate of use every year, or the city revokes your authorization, and the business tax receipt renews annually too. Code Enforcement and Fire Prevention can inspect without notice, while Code Compliance may check that you're following your management plan, and a neighbor who thinks a unit is running without approval can report it through 311.

As for tax, it lands on the guest's bill, and in the City of Miami it adds up to 13%. That's Florida's 6% sales tax on transient rentals, Miami-Dade's 1% surtax, and three county taxes: a 3% convention development tax, a 2% tourist development tax and a 1% professional sports facilities franchise tax. According to Airbnb's Florida tax page, Miami-Dade guests pay every one of those as part of the reservation on stays of 182 nights or shorter. If you also take bookings on a channel that doesn't collect them, though, keep in mind the county expects anyone collecting its taxes to file a return every month, even a month with nothing due. For the state side, BNBCalc's Florida short-term rental tax guide lays out each layer.

For the paperwork itself, in order and with the office contacts, see the Miami short-term rental regulation guide.

Where Does BNBCalc Get Its Miami Airbnb Data?

You'll find the approvals spelled out in that guide, while every Miami figure I've quoted comes from BNBCalc Markets, the market-comparison side of BNBCalc, where Miami can go head to head with any other market before you commit to it. Inside it, you can save the listings that fit your buy box as a comp set and measure them against the whole market, which matters in a city where a T3 house and a T6 condo tower don't play by the same rules. If you're weighing a unit in a building that permits short stays, make sure your comp set comes from buildings like it rather than from houses the city says aren't eligible.

How Do You Estimate Airbnb Revenue for a Miami Property?

Even a well-built comp set describes a group of units, so how do you get from there to the one condo you're looking at?

The Miami market page is where I'd begin, since it tracks revenue, occupancy and the seasonal swing as new months come in. If Miami isn't settled yet, Florida's top markets ranked by gross yield puts its revenue next to its home prices and lines it up against other Florida cities. When you've got an actual unit in mind, run its real price, financing, association dues and running costs through BNBCalc.

Then run the result past what makes Miami different. Zoning comes first. If the unit's zone or building won't allow a conversion, the only rental you can price is one of 30 days or more, and none of the nightly figures apply. September brought in about a third of the revenue March did, so a year that looks fine on average can still leave you short from August to November. The 13% gets added to what the guest pays for the rate and the cleaning fee, so set prices with that final total in mind. And I wouldn't underwrite on the summer of 2026, when nightly rates ran more than 40% above the year before.

When the right to host belongs to a building rather than to the person who owns the unit, the neighbors' votes become part of your underwriting, and the association's rulebook deserves as careful a read as the rent figures.

Frequently Asked Questions

What Is the Average Airbnb Income in Miami?

The median City of Miami listing brought in $33,799 over a trailing twelve months of 2026 data, measured on BNBCalc listings within city limits. One-bedrooms return roughly twice the gross yield of studios, three-bedrooms or four-plus-bedroom homes, and the listings in BNBCalc's top tier earn a little more than twice the average listing across the Miami market. Income on a specific unit depends heavily on its zone and building.

Is Airbnb Still Profitable in Miami in 2026?

It can be, in an eligible building. Across all listings, the twelve months to August 2026 brought nightly rates up 16.5%, while active supply grew 6.7% and occupancy fell 4.5%. Total market revenue rose 12.6%, which works out to about 5.6% more per listing once it's spread across the larger listing count. Supply ran 25% to 30% above the prior year from June to August, and August occupancy fell 23.6%. Profit on a unit depends on its price, dues and costs.

What Is the Best Month for Airbnb in Miami?

March 2026 was the strongest month in BNBCalc market data, with 56% occupancy, a $372 average nightly rate and about 12% of the year's revenue. September 2025 took in the smallest share, about 4%, at the year's lowest nightly rate of $214, and August 2026 had the lowest occupancy at 33%. December through April is the dependable peak, with occupancy above 50% in each of those months, and weekends book best, with Saturday ahead of Friday.

Can You Run an Airbnb in a Single-Family Home in Miami?

Usually not inside the City of Miami. The city treats stays of less than 30 days as a lodging use under its Miami 21 zoning code, and it says single-family homes and duplexes in T3 and T4-R transect zones are not eligible for short-term rental or lodging use. Houses in other zones go through the city's conversion process. Neighboring municipalities such as Doral and Key Biscayne fall outside Miami 21.

Can You Airbnb a Condo in Miami?

Yes, if the building sits in an eligible zone and its association allows it. The City of Miami requires a building permit for the lodging conversion, an evaluation form certified by the condo association, an operational management plan, a new certificate of occupancy, a state DBPR license, a new certificate of use renewed annually and a business tax receipt. If more than 25% of a building's units become transient lodging, the entire building must meet hotel (R-1) building code standards.

Do You Need a License to Run an Airbnb in Miami?

Yes. Florida requires a DBPR license for a vacation rental, a category that covers condo units and houses of up to four units booked more than three times a year for stays under 30 days, and operating without one is a second-degree misdemeanor. In the City of Miami, the Zoning Department needs that state license before it finalizes a certificate of use, which is renewed every year, and hosts also need a city business tax receipt and a Miami-Dade tourist tax account.

Which Miami Neighborhood Is Best for Short-Term Rentals?

East Grove posts the city's highest median revenue, $108,133, but on a thin sample of four-bedroom homes in T3 zoning, where the city says houses are not eligible. Among neighborhoods zoned mostly T6, Brickell Village leads at $54,002, followed by Omni/PAC at $51,420 and the Brickell Business District at $45,323. Figures are medians for 2026, drawn from listings BNBCalc places inside the City of Miami's official neighborhood boundaries.

How Much Is the Airbnb Tax in Miami?

Guests booking a City of Miami short-term rental pay 13% in taxes on top of the stay, made up of Florida's 6% sales tax on transient rentals, Miami-Dade County's 1% discretionary surtax, a 3% convention development tax, a 2% tourist development tax and a 1% professional sports facilities franchise tax. Airbnb's Florida tax page lists all of them for Miami-Dade reservations of 182 nights or shorter. Rentals longer than six months are exempt from the county's 6% with a written lease available.