What Airbnb listings in Okaloosa Island earn, how often they're booked, and how that compares with the rest of Fort Walton, FL.

Over the past 12 months, regularly available listings in Okaloosa Island earned $43,191 on average, were booked for 50% of the nights they were open, and averaged $447 a night. The median gross yield, before expenses, is 19.2%.
Yearly revenue
$43,191
Occupancy
50%
Nightly rate
$447
Gross yield
19.2%
before expenses
Median of 2,940 listings
Active listings
3,064
Okaloosa Island's three-bedroom and larger rentals are worth comparing on price, not just annual booking revenue. Within the qualifying bedroom groups, average trailing-year booking revenue is $52,787 for three-bedroom rentals and $64,179 for those with four or more bedrooms.
The groups have similar median potential gross yields: 23.2% for three-bedroom rentals and 22.1% for larger homes, before expenses, financing and taxes. The larger group's higher booking revenue is a reason to compare purchase prices and operating costs, not an automatic argument for buying more bedrooms.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
Regularly available Airbnb listings in Okaloosa Island earned an average of $43,191 over the past 12 months. That is 3% more than the Fort Walton, FL average of $42,032. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Okaloosa Island were booked for an average of 50% of the nights they were open for booking over the past 12 months. That is about the same as the Fort Walton, FL average of 50%. Nights a host blocked off don't count.
The average nightly rate in Okaloosa Island was $447 over the past 12 months, including cleaning fees. That is 4% higher than the Fort Walton, FL average of $431.
For homes with a matched home value, the median room-revenue potential in Okaloosa Island is $60,404 a year and the median gross yield is 19.2%. Gross yield is 0.6 points higher than the Fort Walton, 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.
Reveal any property's Airbnb profitabilityThree-bedroom homes have the highest gross yield in Okaloosa Island, at 23.2%. The table shows average yearly revenue and median gross yield for each home size, with the Fort Walton, FL figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| Studio 89 listings | $43,272 Fort Walton, FL: $37,062 | – |
| 1 bedroom 706 listings | $34,544 Fort Walton, FL: $33,740 | 15.2% Fort Walton, FL: 14.9% |
| 2 bedrooms 1,366 listings | $40,003 Fort Walton, FL: $39,475 | 19.6% Fort Walton, FL: 19.4% |
| 3 bedrooms 746 listings | $52,787 Fort Walton, FL: $49,641 | 23.2% Fort Walton, FL: 21.9% |
| 4+ bedrooms 157 listings | $64,179 Fort Walton, FL: $55,460 | 22.1% Fort Walton, FL: 19.0% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Okaloosa Island This area 3,064 listings | $43,191 | 50% | $447 | 19.2% |
| Fort Walton, FL market 3,556 listings | $42,032 | 50% | $431 | 18.6% |
| Mary Esther & Hurlburt 63 listings | $30,256 | 53% | $307 | 14.9% |
| Fort Walton Beach 185 listings | $32,287 | 53% | $312 | 12.1% |
| Wright & Ocean City 98 listings | $36,894 | 53% | $344 | 13.9% |
| Niceville & North Bay 58 listings | $30,405 | 51% | $296 | 11.3% |
The Fort Walton, FL market includes 5 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it.
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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.
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.
It is the average price per booked night over the past 12 months, including cleaning fees.
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.
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.
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 (3,064 in Okaloosa Island). 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.
Figures are current as of November 3, 2026 and refresh monthly.
The market page summarizes all of Fort Walton, 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.
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.
With BNBCalc Markets, compare Okaloosa Island by bedroom count and performance level, see home prices, and browse its listings on the map.