Monroe County · Florida

Key West Vacation Rental Market

A modelled view of what a short-term rental in Key West could earn, what drives demand month to month, and what to check before you list.

  • Duval Street
  • diving
  • cruise port
  • year-round warmth

Local rules for this market have not been verified against the official code yet.

Revenue and occupancy

Modelled estimate

Modelled annual revenue

$108,300

Range $84,500 $138,600

Modelled nightly rate

$412

Modelled occupancy

72%

Busiest months

Jan–Feb–Mar

Modelled estimate (Ashota model v1). Annual revenue = modelled ADR × 365 × modelled occupancy, starting from market archetype benchmarks and adjusted for local demand drivers. No licensed short-term rental performance data is behind these figures yet, so treat them as a starting assumption to test against your own property, not an observed market result.

Model it with your own assumptions

When demand peaks in Key West

Modelled estimate
  • 120Jan
  • 125Feb
  • 130Mar
  • 110Apr
  • 95May
  • 90Jun
  • 95Jul
  • 85Aug
  • 70Sep
  • 80Oct
  • 95Nov
  • 115Dec

100 is an average month for this kind of market. Higher months are when nightly rates and occupancy typically move together, so they carry most of the year.

What owners run into here

Key West is a tropical market, so demand is concentrated in Jan–Feb–Mar. Pricing, minimum stays and staffing all have to flex around that. We have not yet written up first-hand owner notes for this market.

County and jurisdiction notes

Short-term rentals here are governed by Key West and Monroe County. We have not yet verified those rules against the official code text, so nothing is published as fact on this page.

See the full Key West rules

Continue researching

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Thinking about renting out a Key West property?

Send us the address and we will tell you what we think it can do, what the local rules require, and whether co-hosting makes sense for you.