Key West, Florida Keys Airbnb revenue and occupancy data

What Airbnb listings in Key West earn, how often they're booked, and how that compares with the rest of Florida Keys, FL.

Parker Place

Editorial direction

Parker Place

Co-founder & CTO, BNBCalc

Over the past 12 months, regularly available listings in Key West earned $101,850 on average, were booked for 59% of the nights they were open, and averaged $897 a night. The median gross yield, before expenses, is 15.3%.

Yearly revenue

$101,850

Occupancy

59%

Nightly rate

$897

Gross yield

15.3%

before expenses

Median of 963 listings

Active listings

1,058

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My take on Key West

Three-bedroom listings in Key West average $147,152 in trailing-year booking revenue, well above $71,497 for the same bedroom category across the Florida Keys. The three-bedroom group's median potential gross yield is also higher: 18.6% versus 7.8%. A marketwide three-bedroom revenue assumption would understate this local benchmark. Use that as a reason to examine local comparables, not as a promise for an individual home: potential gross yield is before expenses, financing and taxes, not a realized return.

Commentary uses groups of at least 20 listings. Tables may include smaller groups.

How much do Airbnb hosts make in Key West?

Regularly available Airbnb listings in Key West earned an average of $101,850 over the past 12 months. That is 43% more than the Florida Keys, FL average of $71,383. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.

What is the Airbnb occupancy rate in Key West?

Listings in Key West were booked for an average of 59% of the nights they were open for booking over the past 12 months. That is 6 points higher than the Florida Keys, FL average of 53%. Nights a host blocked off don't count.

How much does an Airbnb cost per night in Key West?

The average nightly rate in Key West was $897 over the past 12 months, including cleaning fees. That is 28% higher than the Florida Keys, FL average of $702.

Is an Airbnb in Key West profitable?

For homes with a matched home value, the median room-revenue potential in Key West is $119,171 a year and the median gross yield is 15.3%. Gross yield is 6.8 points higher than the Florida Keys, FL median. Gross yield is measured before expenses, financing and taxes, so profit depends on what you pay for a home and what it costs to run. Analyze the exact property before you buy.

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How much do Airbnb hosts make in Key West by bedroom count?

Three-bedroom homes have the highest gross yield in Key West, at 18.6%. The table shows average yearly revenue and median gross yield for each home size, with the Florida Keys, FL figure for the same size under each one.

Average yearly revenue and median gross yield by bedroom count in Key West, with Florida Keys, FL figures
BedroomsYearly revenueGross yield
Studio

42 listings

$52,841

Florida Keys, FL: $42,130

–
1 bedroom

302 listings

$60,594

Florida Keys, FL: $47,761

15.1%

Florida Keys, FL: 11.7%

2 bedrooms

442 listings

$83,148

Florida Keys, FL: $53,432

14.7%

Florida Keys, FL: 8.5%

3 bedrooms

126 listings

$147,152

Florida Keys, FL: $71,497

18.6%

Florida Keys, FL: 7.8%

4+ bedrooms

146 listings

$218,807

Florida Keys, FL: $128,026

15.1%

Florida Keys, FL: 6.7%

How does Key West compare with nearby areas?

Every row uses the same method and data date. Nearby areas link to their own pages.

Average yearly revenue, occupancy and nightly rate, and median gross yield, in Key West, the Florida Keys, FL market and nearby areas
AreaYearly revenueOccupancyNightly rateGross yield
Key West

This area

1,058 listings

$101,85059%$89715.3%
Florida Keys, FL market

4,017 listings

$71,38353%$7028.5%
Stock Island & Lower Keys Gateway

170 listings

$123,18451%$1,15410.3%
Summerland, Cudjoe & Lower Keys

206 listings

$62,31953%$6016.9%
Big Pine Key

42 listings

$43,65456%$3896.9%
Marathon & Grassy Key

876 listings

$59,10949%$6776.7%

Where is Key West?

The Florida Keys, FL market includes 10 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.

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About these figures

How is yearly revenue measured?

It is the average booking revenue a regularly available listing earned over the past 12 months, including cleaning fees and before Airbnb fees, operating costs and taxes. It is an estimate, not verified host payouts.

How is occupancy measured?

For each listing, BNBCalc divides the nights booked by the nights it was open for booking over the past 12 months, then averages the results. Nights a host blocked off are left out.

How is the nightly rate measured?

It is the average price per booked night over the past 12 months, including cleaning fees.

What is room-revenue potential?

It estimates what a listing would earn in a year from its nightly rates if it were available all year at its expected occupancy, based on its last 12 months of bookings. It excludes cleaning fees. It is an estimate, not income a host received.

What is gross yield?

For each listing, BNBCalc divides its room-revenue potential by an estimated value for a home with the same ZIP code and bedroom count, then reports the median. It is measured before expenses, financing and taxes, so it is not profit or a full return on investment.

Which listings are included?

Yearly revenue, occupancy and nightly rate cover listings of every type and size that were open for booking at least 127 nights over the past year (1,058 in Key West). Room-revenue potential and gross yield cover entire homes with one to five bedrooms that were also booked for at least 30% of their open nights and have a matched home value. BNBCalc shows no figure for an area with fewer than 5 qualifying listings.

How current is this data?

Figures are current as of November 3, 2026 and refresh monthly.

Why are these figures different from the Florida Keys, FL market page?

The market page summarizes all of Florida Keys, FL from a separate monthly market dataset. This page averages the individual listings in each area, so the two can differ. Use this page to compare areas with each other.

What can't these figures tell me?

They don't include operating costs, financing, taxes, insurance or the price of a specific home, and they don't show whether short-term rentals are allowed. Check local rules and analyze the exact property before you buy.

Related guides

  • Florida Keys, FL Airbnb market data
  • Best Airbnb neighborhoods to invest in Florida Keys

Go deeper on Key West

With BNBCalc Markets, compare Key West by bedroom count and performance level, see home prices, and browse its listings on the map.

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