Airbnb Market Analytics, Statistics and Data in Cedar Key, Florida, United States
Last updated: 2025-01-31
Looking to make more money with hosting or rental arbitraging Airbnbs, short-term rentals, vacation rentals in Cedar Key? AirROI have just the data insights! Over the last twelve months from February 2024 to January 2025, we've uncovered key trends and opportunities that successful hosts are leveraging in Cedar Key:
How much do Airbnb hosts make on average per month in Cedar Key?
The short-term rental market in Cedar Key shows distinct revenue patterns across different property tiers. Our analysis reveals that successful properties combine strategic pricing with quality management to maximize earnings potential. Market data demonstrates clear revenue differentiation among properties:
- Typical properties (median) earn $2,407 per month
- Strong performing properties (top 25%) make $3,630 or more
- Best-in-class properties (top 10%) achieve $4,820+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,516
Revenue Variations by Month
Occupancy Rates Throughout the Year in Cedar Key
The market in Cedar Key shows distinct occupancy patterns influenced by seasonal trends and local dynamics. Properties that maintain high guest satisfaction scores and implement strategic pricing consistently achieve stronger occupancy rates. Current market data shows:
- Typical properties (median) maintain 41% occupancy rates
- Strong performing properties (top 25%) achieve 58% or higher
- Best-in-class properties (top 10%) reach 74%+occupancy
- Entry-level properties (bottom 25%) average around 25%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Cedar Key
Daily rates in Cedar Key vary based on seasonality, property quality, and market dynamics. Properties that effectively balance competitive pricing with strong amenities typically command higher rates. Market analysis shows the following rate structure:
- Typical properties (median) generate $178 per night
- Strong performing properties (top 25%) secure $206 or more
- Best-in-class properties (top 10%) pull in $242+ per night
- Entry-level properties (bottom 25%) earn around $142
Daily Rate Variations by Month
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Seasonality patterns in Cedar Key
Peak Season (March, June, April)
- Revenue peaks at $4206.15 per month
- Occupancy rates reach 66.75%
- Daily rates average $193.34
Shoulder Season
- Revenue averages $2714.74 per month
- Occupancy maintains 42.44%
- Daily rates hold at $180.69
Low Season (November, January, September)
- Revenue drops to $1407.54 per month
- Occupancy decreases to 24.82%
- Daily rates adjust to $167.71
Is it still profitable to do Airbnb in Cedar Key in 2025?
Yes! Cedar Key demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 42% and strong monthly revenue averaging $2715 and With 220 active listings, the market shows established demand while maintaining room for growth. There's also room for profit through rental arbitrage strategies, if you can identify competitively priced properties. To maximize your return on investment, consider employing the following strategies:
Peak Season Strategy
- Implement premium seasonal pricing strategies
- Set longer minimum stay requirements during high-demand periods
- Enforce stricter cancellation policies
Shoulder Season Strategy
- Maintain competitive market-based pricing
- Offer moderate-length stay incentives
- Target a mix of leisure and business travelers with flexible booking terms
- Focus on weekend getaway packages and mid-week business traveler promotions
Low Season Strategy
- Adjust pricing to remain competitive in the market
- Target different guest segments (business travelers, long-term stays, holiday visitors, event attendees, remote workers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Cedar Key
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Cedar Key Historic District | Charming area full of history, with quaint shops, restaurants, and proximity to beautiful waterfronts. Popular among tourists looking for a quaint and authentic local experience. | Cedar Key Museum State Park, Cedar Keys National Wildlife Refuge, Local seafood restaurants, Historic buildings and shops, Fishing and boating opportunities |
| Turtle Beach | A more secluded beach experience known for its untouched natural beauty. Ideal for guests looking for tranquility and relaxation, with access to kayaking and wildlife. | Turtle Key, Shell Mound Park, Kayaking, Wildlife observation, Fishing spots |
| Cedar Key Beaches | The public beaches of Cedar Key offer stunning sunsets and are great for families. Visitors enjoy swimming, picnicking, and beachcombing, making it a popular choice for families. | Cedar Key Beach, Sunsets at the beach, Picnic areas, Swimming spots, Beachcombing |
| Seahorse Key | An island that is part of the Cedar Keys area, known for its natural beauty and wildlife. Great for nature lovers and those seeking outdoor adventures. | Seahorse Key Lighthouse, Birdwatching, Nature trails, Shell collecting, Eco-tours |
| Dock Street | The lively heart of Cedar Key, filled with restaurants and shops. It’s a favorite spot for visitors looking to enjoy the local atmosphere and cuisine. | Cedar Key's famous restaurants, Local shops, Art galleries, Waterfront views, Fishing docks |
| Lower Suwannee National Wildlife Refuge | An area that offers a unique opportunity for nature-focused stays. Attracts bird watchers and nature enthusiasts. | Birdwatching trails, Nature hikes, Wildlife photography, Scenic landscapes, Kayaking opportunities |
| Shell Mound | A historic site and great for those interested in the area's Native American history. Offers beautiful views and nature trails. | Shell Mound Historic Site, Nature trails, Fishing spots, Wildlife observation, Scenic views |
| Kayak Launch Areas | These spots are popular for both locals and tourists looking to explore the waters around Cedar Key. Provides access to various kayaking routes. | Kayak rentals, Nature exploration, Access to nearby islands, Fishing, Wildlife sighting |
Do you need a license for Airbnb in Cedar Key?
We recommend checking directly with Cedar Key's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (0% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Cedar Key
3 Story Haven! Fire Pit+kayaks~updated~360 Views!
Entire Place • 3 bedrooms
Spectacular Waterfront Property at Cloud 9!
Entire Place • 3 bedrooms
Spacious Home with Water Views
Entire Place • 4 bedrooms
5 Bedroom Island Breeze Getaway
Entire Place • 5 bedrooms
The Tree House - amazing view!
Entire Place • 2 bedrooms
Snapper Cove Beautiful 3 bdrm close to everything!
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Cedar Key
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Pelican Vacation Home | 95 | $2,225,384 | 1514 | 4.43/5.0 |
| Katie | 61 | $1,528,049 | 627 | 4.38/5.0 |
| Lisa | 9 | $231,902 | 708 | 4.97/5.0 |
| Evolve | 6 | $160,500 | 232 | 4.84/5.0 |
| Elliott And Kylie | 1 | $102,134 | 36 | 4.97/5.0 |
| Lauren | 5 | $83,368 | 401 | 4.84/5.0 |
| Julie | 2 | $75,870 | 404 | 4.91/5.0 |
| 12116116 | 5 | $71,938 | 336 | 4.99/5.0 |
| Ashley | 1 | $66,413 | 12 | 5.00/5.0 |
| Annette | 1 | $62,495 | 7 | 4.86/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Cedar Key
AirROI also have other key metrics and comprehensive data for your vacation rental, real estate needs. Go explore the advanced metrics that can help you make informed decisions:
Room Type Distribution
Property Type Distribution
Key Insights
- Market dominated by entire home listings (99.1%), with apartment & condo and house properties comprising 98.2% of inventory
- Untapped potential in others, boutique & hotels segments (1.9% combined)
Room Capacity Distribution
Analysis of 220 properties in Cedar Key shows that 2 bedrooms properties are most prevalent, making up 50% of the market. The market tends to favor smaller properties, with 2 bedrooms and 1 bedroom together representing 88.6% of all listings.
Key Insights
- Most common: 2 bedrooms (50%)
- Least common: 5+ bedrooms (0.5%)
- Market concentration: 88.6% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 220 properties in Cedar Key reveals that 4 guests properties dominate the market, representing 49.5% of all listings. The average property accommodates 4.3 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 6 guests make up 66.8% of the market.
Key Insights
- Most common capacity: 4 guests (49.5% of market)
- Least common capacity: 7 guests (3.2% of market)
- Average guest capacity: 4.3 guests per property
- Market concentration: 66.8% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 220 properties in Cedar Key, the most common availability pattern is 181-270 days (45% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (44.5% of properties).
Key Insights
- Most common availability window: 181-270 days (45%)
- Most common booking duration: 91-180 days (44.5%)
- Properties with high availability (180+ days): 70.9%
- Properties with long-term bookings (180+ days): 31.4%
Minimum Stay Distributions
1 Night
12 listings
5.9% of total
2 Nights
143 listings
70.4% of total
3 Nights
21 listings
10.3% of total
4-6 Nights
10 listings
4.9% of total
7-29 Nights
2 listings
1% of total
30+ Nights
15 listings
7.4% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 76.3%
- Mid-length stays (4-6 nights) represent 4.9% of listings
- Monthly+ stays (7.4%) suggest a stable extended-stay market
- High market flexibility with 86.6% accepting 3 nights or less
Recommendations
- Set minimum stays between 2-3 nights to align with market standards
- Adjust minimum stays seasonally based on demand patterns
- Consider monthly stay discounts to capture the growing extended-stay market
- Implement different minimum stays for weekends vs. weekdays
Cancellation Policy Distribution
Super Strict 30 Days
1 listings
0.5% of total
Super Strict 60 Days
26 listings
13.5% of total
Flexible
13 listings
6.8% of total
Moderate
20 listings
10.4% of total
Firm
116 listings
60.4% of total
Strict
16 listings
8.3% of total
Key Insights
- Firm is the preferred policy at 60.4% of listings
- Stricter policies (Firm & Strict) dominate at 68.7% of the market
- Strong market consensus around Firm policies
- Super Strict 30 Days policies are least common at 0.5% of listings
Recommendations
- The market supports stricter policies, with 68.7% using Firm or Strict terms
- Strong market preference for Firm policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jan, Feb, Mar, averaging 81 days
- Shortest booking windows are in Oct, Aug, Sep, averaging 40 days
- Winter shows the longest average booking window at 77 days, while Fall has the shortest at 47 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 77 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Oct-Sep when lead times are shortest
Popular Airbnb Amenities in Cedar Key
Below is the distribution of amenities across listings in Cedar Key:
Traveler Demographics
Key Insights
- Domestic travelers make up 98% of total guests, indicating a dominant local market share.
- Primary international markets: United Kingdom (0.8%) and Norway (0.2%)
- English is the top language at 84.1%, followed by Spanish (9.8%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 8.9%
Recommendations
- Target marketing campaigns for Gainesville and Tampa markets
- Develop localized content for United Kingdom and Norway
- Prioritize English and Spanish language support
- Tailor experiences for Pre-1950s (Silent Gen) while maintaining broad age appeal
- Implement seasonal promotions aligned with key market travel patterns
Nearby Markets
Explore short-term rental performance in markets surrounding Cedar Key. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Thonotosassa | 14 | $5,659 | $330.77 | 50% |
| Saint George Island | 133 | $4,787 | $447.47 | 40% |
| Alligator Point | 48 | $4,140 | $270.51 | 46% |
| Saint Teresa | 10 | $3,973 | $315.71 | 39% |
| Hernando Beach | 87 | $3,606 | $260.90 | 51% |
| Palm Harbor | 271 | $3,135 | $226.16 | 50% |
| Eastpoint | 104 | $3,001 | $323.22 | 38% |
| Lake Park | 20 | $2,976 | $204.13 | 49% |
| Weeki Wachee | 59 | $2,757 | $196.72 | 50% |
| Quincy | 17 | $2,755 | $208.80 | 41% |
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