What Airbnb listings in Milton & Blackwater Country earn, how often they're booked, and how that compares with the rest of Pensacola, FL.

Over the past 12 months, regularly available listings in Milton & Blackwater Country earned $26,492 on average, were booked for 54% of the nights they were open, and averaged $245 a night. The median gross yield, before expenses, is 14.2%.
Yearly revenue
$26,492
Occupancy
54%
Nightly rate
$245
Gross yield
14.2%
before expenses
Median of 93 listings
Active listings
98
Milton & Blackwater Country has a median potential gross yield of 14.2%, close to Pensacola, FL at 14.4%. That is despite lower average trailing-year booking revenue: $26,492 locally versus $34,011 across the wider market.
Gross yield is before expenses, financing and taxes. Similar yields do not mean homes in the two areas have similar prices, so compare the purchase price and rental income of a specific property.
Commentary uses groups of at least 20 listings. Tables may include smaller groups.
Regularly available Airbnb listings in Milton & Blackwater Country earned an average of $26,492 over the past 12 months. That is 22% less than the Pensacola, FL average of $34,011. That is booking revenue including cleaning fees, before Airbnb fees, operating costs and taxes.
Listings in Milton & Blackwater Country were booked for an average of 54% of the nights they were open for booking over the past 12 months. That is 1 points higher than the Pensacola, FL average of 53%. Nights a host blocked off don't count.
The average nightly rate in Milton & Blackwater Country was $245 over the past 12 months, including cleaning fees. That is 26% lower than the Pensacola, FL average of $332.
For homes with a matched home value, the median room-revenue potential in Milton & Blackwater Country is $31,704 a year and the median gross yield is 14.2%. Gross yield is 0.2 points lower than the Pensacola, 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 profitabilityTwo-bedroom homes have the highest gross yield in Milton & Blackwater Country, at 16.4%. The table shows average yearly revenue and median gross yield for each home size, with the Pensacola, FL figure for the same size under each one.
| Bedrooms | Yearly revenue | Gross yield |
|---|---|---|
| 1 bedroom 6 listings | $14,024 Pensacola, FL: $25,075 | 14.8% Pensacola, FL: 15.2% |
| 2 bedrooms 30 listings | $23,287 Pensacola, FL: $30,879 | 16.4% Pensacola, FL: 15.2% |
| 3 bedrooms 39 listings | $26,510 Pensacola, FL: $36,081 | 13.2% Pensacola, FL: 14.0% |
| 4+ bedrooms 23 listings | $33,893 Pensacola, FL: $47,918 | 10.7% Pensacola, FL: 12.5% |
Every row uses the same method and data date. Nearby areas link to their own pages.
| Area | Yearly revenue | Occupancy | Nightly rate | Gross yield |
|---|---|---|---|---|
| Milton & Blackwater Country This area 98 listings | $26,492 | 54% | $245 | 14.2% |
| Pensacola, FL market 2,953 listings | $34,011 | 53% | $332 | 14.4% |
| Pace 29 listings | $24,769 | 49% | $230 | 11.2% |
| North Pensacola 121 listings | $24,339 | 56% | $217 | 13.8% |
| Uptown Pensacola 72 listings | $26,248 | 52% | $236 | 13.7% |
| East Pensacola 218 listings | $25,887 | 57% | $217 | 13.5% |
The Pensacola, FL market includes 9 areas based on local neighborhood and city boundaries. Each listing is counted in the area containing it. Figures cover Milton and Blackwater Country together.
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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 (98 in Milton & Blackwater Country). 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 Pensacola, 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 Milton & Blackwater Country by bedroom count and performance level, see home prices, and browse its listings on the map.