Palm Beach

As of May 2026, Palm Beach, West Palm Beach, Boca Raton, Delray Beach have 5,214 active Airbnb and VRBO listings. This represents a 8% decrease from the previous year.

The average Airbnb or VRBO in Palm Beach generates $55K per year. High-performing properties earn $142K/year, while low-performing properties earn $22K/year. This wide variance suggests that market returns are highly sensitive to property-specific factors rather than broad market trends, as high earners capture significant premiums despite overall revenue declines.

Average home prices in Palm Beach vary by property size: 1-bedroom properties cost approximately $168K, 2-bedroom homes average $330K, 3-bedroom properties are around $527K, and 4+ bedroom homes average $755K. These prices reflect median home values across the Palm Beach, West Palm Beach, Boca Raton, Delray Beach area.

Airbnb and VRBO can be profitable in Palm Beach, with an average gross yield of 10% across all properties. High-performing properties achieve yields up to 26%, which is considered top for short-term rental investment. The gap between average and top yields indicates a tiered market where elite assets maintain strong profitability despite contraction in broader supply.

The average occupancy rate for Airbnbs and VRBOs in Palm Beach is 41%. This occupancy level, combined with an average nightly rate of $344, results in a RevPAR (revenue per available room) of $109 per day.

1-bedroom properties demonstrate the strongest performance in Palm Beach, with an average gross yield of 15% and annual revenue of $29K. These properties balance purchase price ($168K), operating costs, and rental demand most effectively in the Palm Beach market.

Short-term rental regulations vary by jurisdiction in the Palm Beach area. Palm Beach: Strict. STRs under 30 days prohibited in most zones. Requires town permit, business tax receipt. Active code enforcement with significant fines for violations. West Palm Beach: Moderate. Business tax receipt required, zoning compliance needed. Some neighborhoods restrict STRs. Complaint-driven enforcement, moderately active. Boca Raton: Strict. Minimum 30-day rentals required citywide. No STRs under 30 days permitted. Active enforcement through code compliance with penalties. Delray Beach: Strict. STRs prohibited in single-family zones. Multi-family requires conditional use permit, owner-occupancy. Active enforcement with fines for violations. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Palm Beach Airbnb and VRBO market is currently showing balanced conditions. Supply has declined 8% year-over-year, while RevPAR has decreased 9%. This indicates balanced supply-demand dynamics. The concurrent contraction in both supply and revenue suggests that the market is adjusting to lower demand levels rather than experiencing an influx of new competition.

Launch around December, 2-3 months before peak winter season (March peaks). This pre-peak timing lets you build reviews when competition is 25% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (August-September) when gaining traction is harder.

The most common amenities in Palm Beach listings include: Air Conditioning (100%), Kitchen (94%), Washing Machine (88%), Tv (83%), Heating (58%). Amenities that boost revenue the most include Pool, Hot Tub, Gym, with Pool properties earning approximately 48% more ($85K/year vs $57K/year).

Monthly estimated revenue per listing in Palm Beach over the last 12 months: May: $2K, June: $2K, July: $3K, August: $2K, September: $1K, October: $2K, November: $3K, December: $4K, January: $4K, February: $5K, March: $7K, April: $5K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Palm Beach is $344, up 15% year-over-year. By property size: 1-bedroom properties average $181/night, 2-bedroom properties average $319/night, 3-bedroom properties average $381/night, 4+ bedroom properties average $601/night. Rates peak in February and are lowest in September.

Guests in Palm Beach book an average of 33 days in advance, down 6% from last year. By property size: 1-bedroom: 25 days, 2-bedroom: 33 days, 3-bedroom: 34 days, 4+ bedroom: 43 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Palm Beach Airbnb and VRBO market has seen the following changes: supply declined 8%, revenue per listing decreased 9%, occupancy fell 8%, average nightly rates increased 15%, and lead time decreased 6%. These metrics reflect a shift toward higher pricing strategies amidst lower occupancy, signaling a market recalibrating its value proposition.

In Palm Beach, Saturday sees the highest booking demand while Tuesday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 24% higher occupancy than weekdays.