Airbnb Market Analytics, Statistics and Data in Homestead, 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 Homestead? 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 Homestead:
How much do Airbnb hosts make on average per month in Homestead?
The short-term rental market in Homestead 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 $2,263 per month
- Strong performing properties (top 25%) make $4,190 or more
- Best-in-class properties (top 10%) achieve $7,315+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,146
Revenue Variations by Month
Occupancy Rates Throughout the Year in Homestead
The market in Homestead 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 54% occupancy rates
- Strong performing properties (top 25%) achieve 72% or higher
- Best-in-class properties (top 10%) reach 86%+occupancy
- Entry-level properties (bottom 25%) average around 31%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Homestead
Daily rates in Homestead 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 $111 per night
- Strong performing properties (top 25%) secure $211 or more
- Best-in-class properties (top 10%) pull in $396+ per night
- Entry-level properties (bottom 25%) earn around $73
Daily Rate Variations by Month
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Seasonality patterns in Homestead
Peak Season (March, February, April)
- Revenue peaks at $4494.54 per month
- Occupancy rates reach 69.45%
- Daily rates average $220.62
Shoulder Season
- Revenue averages $3456.81 per month
- Occupancy maintains 51.29%
- Daily rates hold at $209.82
Low Season (July, September, August)
- Revenue drops to $2598.84 per month
- Occupancy decreases to 40.00%
- Daily rates adjust to $203.61
Is it still profitable to do Airbnb in Homestead in 2025?
Yes! Homestead demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 51% and strong monthly revenue averaging $3457 and The market's 144 active listings indicate growing demand with plenty of opportunity for new properties. 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 (families on vacation, festival goers, adventure tourists, international visitors)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Homestead
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| South Dade | South Dade features a family-friendly atmosphere with parks and recreational options. It's close to Everglades National Park, making it a great spot for nature lovers and families. | Everglades National Park, Pinecrest Gardens, Zoo Miami, Cutler Ridge Park, Coral Reef Park |
| Homestead Historic District | This area boasts historical charm with various attractions nearby. It attracts visitors interested in local history and culture, creating a unique Airbnb experience. | Homestead Historic Town Hall Museum, Pioneer Florida Museum, Redland Market Village, Coral Castle |
| Cafecito | Cafecito is known for its vibrant Latino culture and food scene. It's an appealing area for tourists wanting to experience local cuisine and community events. | Losner Park, Redland Farm Life, festival events, art and food events |
| Homestead Air Reserve Park | This area provides recreational activities including trails and picnic areas. It's ideal for those seeking outdoor adventures and activities. | Homestead Air Reserve Base Museum, trail parks, outdoor recreation fields |
| Florida Keys Gateway | Located close to the Florida Keys, this area is a popular spot for road trippers and those wanting to explore the natural beauty and serenity of the Keys. | Florida Keys Scenic Highway, Biscayne National Park, Key Largo, John Pennekamp Coral Reef State Park |
| Cascade Park | Cascade Park is a peaceful neighborhood with parks and nature trails, appealing to visitors looking for a relaxing getaway amidst nature. | Cascade Park, Green Spaces, walking trails |
| Redland | The Redland is renowned for its agricultural offerings and local markets. Attracts visitors interested in eco-tourism and agritourism. | Redland Market Village, fruit and vegetable picking, agricultural tours, local farms |
| Naranja | Naranja is emerging as a destination for its community-oriented activities and parks. It's great for families and individuals looking for youthful atmospheres. | Naranja Park, local markets and events, community festivals |
Do you need a license for Airbnb in Homestead?
Most likely, Homestead requires a license for Airbnb operations. With 35% of current listings showing licensing information, we recommend checking Homestead's short-term rental regulations and starting the licensing process before listing your property.
Top Performing Airbnb Properties in Homestead
Luxe Miami Villa 7Bbd Wedding Pickleball Pool Spa
Entire Place • 7 bedrooms
The Lake House miami Natural lagoon Pool Table
Entire Place • 5 bedrooms
Events Allowed Gateway to Miami & Fl Keys Key West
Entire Place • 5 bedrooms
Luxe Patio/Heated Pool/Games Room/Everglades/Keys
Entire Place • 4 bedrooms
Lakefront Luxury: Pool, Spa & Breathtaking Views!
Entire Place • 4 bedrooms
Unforgettable moments and dates in private. OASIS
Entire Place • 5 bedrooms
Top Performing Professional Hosts in Homestead
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Nani | 2 | $338,285 | 54 | 2.44/5.0 |
| Nicole | 2 | $221,812 | 113 | 4.86/5.0 |
| 477844412 | 1 | $207,669 | 42 | 4.64/5.0 |
| 66125866 | 2 | $166,963 | 18 | 4.48/5.0 |
| Dave And Christina | 1 | $165,088 | 22 | 5.00/5.0 |
| Heather And Kevin | 1 | $125,752 | 31 | 5.00/5.0 |
| Madgereen | 3 | $116,169 | 53 | 4.83/5.0 |
| Igor | 2 | $115,834 | 67 | 4.67/5.0 |
| Maria | 3 | $109,756 | 382 | 4.97/5.0 |
| Anthony | 1 | $91,866 | 13 | 4.92/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Homestead
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 (76.4%), with house and boutique & hotels properties comprising 72.9% of inventory
- Strong specialty sector (20.1%) combining boutique hotels, unique stays, and outdoor accommodations indicates market maturity and premium opportunities
- Untapped potential in unique stays segments (0.7% combined)
Room Capacity Distribution
Analysis of 144 properties in Homestead shows that 1 bedroom properties are most prevalent, making up 36.8% of the market. The market tends to favor smaller properties, with 1 bedroom and 3 bedrooms together representing 54.2% of all listings.
Key Insights
- Most common: 1 bedroom (36.8%)
- Least common: 5+ bedrooms (6.9%)
- Market concentration: 54.2% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 144 properties in Homestead reveals that 2 guests properties dominate the market, representing 28.5% of all listings. The average property accommodates 4.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 2 guests and 8+ guests make up 51.4% of the market.
Key Insights
- Most common capacity: 2 guests (28.5% of market)
- Least common capacity: 1 guest (2.1% of market)
- Average guest capacity: 4.1 guests per property
- Market concentration: 51.4% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 144 properties in Homestead, the most common availability pattern is 271-366 days (29.9% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (27.8% of properties).
Key Insights
- Most common availability window: 271-366 days (29.9%)
- Most common booking duration: 91-180 days (27.8%)
- Properties with high availability (180+ days): 58.3%
- Properties with long-term bookings (180+ days): 43.8%
Minimum Stay Distributions
1 Night
51 listings
42.5% of total
2 Nights
31 listings
25.8% of total
3 Nights
13 listings
10.8% of total
4-6 Nights
2 listings
1.7% of total
7-29 Nights
8 listings
6.7% of total
30+ Nights
15 listings
12.5% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 68.3%
- Mid-length stays (4-6 nights) represent 1.7% of listings
- Monthly+ stays (12.5%) suggest a stable extended-stay market
- High market flexibility with 79.1% 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
Flexible
41 listings
35.7% of total
Moderate
22 listings
19.1% of total
Firm
20 listings
17.4% of total
Strict
32 listings
27.8% of total
Key Insights
- Flexible is the preferred policy at 35.7% of listings
- The market shows a balanced distribution between guest-friendly (54.8%) and strict (45.2%) policies
- Firm policies are least common at 17.4% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Flexible policies suggests this should be your baseline
- Consider generous cancellation terms as a competitive advantage
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Jan, Dec, Feb, averaging 61 days
- Shortest booking windows are in Nov, Aug, Sep, averaging 41 days
- Winter shows the longest average booking window at 61 days, while Summer has the shortest at 46 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 61 days in advance
- Consider early bird discounts during Summer to encourage longer lead times
- Focus on last-minute booking promotions during Nov-Sep when lead times are shortest
Popular Airbnb Amenities in Homestead
Every property in Homestead comes standard with Air conditioning. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 83.1% of total guests, indicating a dominant local market share.
- Primary international markets: Germany (3.1%) and Canada (3%)
- English is the top language at 67%, followed by Spanish (18.4%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.2%
Recommendations
- Target marketing campaigns for Miami and New York markets
- Develop localized content for Germany and Canada
- 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 Homestead. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Bal Harbour Village | 33 | $11,004 | $798.77 | 45% |
| Stock Island | 99 | $7,584 | $572.82 | 43% |
| Lake Clarke Shores | 27 | $6,443 | $424.96 | 48% |
| Key West | 1,100 | $6,401 | $547.56 | 46% |
| North Bay Village | 110 | $6,084 | $513.61 | 49% |
| Pinecrest | 12 | $5,686 | $576.32 | 45% |
| Duck Key | 67 | $5,190 | $450.78 | 43% |
| Lighthouse Point | 79 | $5,009 | $391.01 | 46% |
| Key Biscayne | 118 | $4,902 | $419.58 | 49% |
| Plantation | 119 | $4,631 | $356.02 | 46% |
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