Airbnb Pricing in Key West, FL
Key West commands some of the highest STR rates in Florida. Limited supply and strong winter demand create premium pricing. Fantasy Fest in October is the top event driver.
75% avg occupancy+1.5% YoY ADR6 key neighborhoods
High Season — Apr 2026
Demand is 10% above average. Prices should be adjusted upward.
Average Nightly Rates in Key West
Base rates by property type. Adjust for season, events, and amenities.
| Property Type | Avg Rate | This Month |
|---|---|---|
| Studio | $160 | $176 |
| 1 Bedroom | $220 | $242 |
| 2 Bedrooms | $310 | $341 |
| 3 Bedrooms | $430 | $473 |
| 4+ Bedrooms | $580 | $638 |
| Private Room | $95 | $105 |
Seasonal Pricing Trends
Monthly demand multipliers. 1.0x = average, above = high demand.
1.25xJan
1.3xFeb
1.25xMar
1.1xApr
0.85xMay
0.75xJun
0.8xJul
0.7xAug
0.65xSep
0.85xOct
1xNov
1.15xDec
High season Average Low season Current month
Events That Affect Pricing
Major events in Key West that drive short-term rental demand.
Fantasy Fest
Oct · Book 45+ days ahead
Hemingway Days
Jul · Book 14+ days ahead
New Year's Eve Drop
Dec · Book 30+ days ahead
Top Neighborhoods in Key West
Old TownNew TownDuval StreetTruman AnnexCasa MarinaStock Island
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Market Snapshot
- Avg Occupancy
- 75%
- YoY ADR Change
- +1.5%
- Supply Growth
- +-1%
- Season (now)
- 1.1x