Key West, Florida has 5,903 active short-term rental listings that earn an average of $93.4K per year, with 62% average occupancy and a $499 average daily rate.
Key West short-term rental market summary
Key West's short-term rental market has 5,903 active listings as of August 2026. The average active listing earned $93.4K in revenue over the trailing twelve months. Listings were booked 62% of nights they were available at an average daily rate of $499. RevPAR (daily rate weighted by occupancy) was $307. From August 2025 to August 2026, revenue is up 29.1%, occupancy is up 5.1%, ADR is down 18.8%, RevPAR is down 11.0%, and active listings are up 54.1%.
Key West, Florida scores 60 out of 100 on AirDNA's Market Score, a 40-to-100 scale benchmarked against other short-term rental markets in the same country with at least 15 active listings.
The score combines 5 subscores, each computed from observed market data:
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The average Key West short-term rental earns $93.4K in annual revenue. Earnings vary by property type, bedroom count, and channel. See the Revenue chapter for a full breakdown.
Key West's average revenue per listing is up 29.1% from August 2025 to August 2026, now averaging $93.4K a year.
Key West runs 62% annual occupancy across 5,903 active listings. See the Seasonality chapter for monthly trends and segment splits.
Key West's short-term rental occupancy is up 5.1% from August 2025 to August 2026, currently averaging 62% of available nights booked.
The average daily rate (ADR) in Key West is $499 per booked night. RevPAR, daily rate weighted by occupancy, is $307. See the Seasonality chapter for monthly pricing patterns.
Key West's average daily rate is down 18.8% from August 2025 to August 2026, now $499 per booked night.
Key West scores 60/100 on AirDNA's Market Score (a 40-to-100 scale), which weighs rental demand, revenue growth, seasonality, regulation, and investability across 120K+ tracked markets. See the Analyst's Take above for the subscores that drive it.
There are 5,903 active short-term rental listings in Key West as of August 2026. See the Supply chapter for channel split, property managers, and supply trends.
This page is refreshed monthly. It was last updated on September 16, 2026 and reflects completed short-term rental market data through August 2026. "Last updated" is when AirDNA last refreshed the page; the coverage month is the most recent full month of data behind those figures.
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