Airbnb Market Analytics, Statistics and Data in Lake Placid, 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 Lake Placid? 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 Lake Placid:
How much do Airbnb hosts make on average per month in Lake Placid?
The short-term rental market in Lake Placid 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 $2,828 per month
- Strong performing properties (top 25%) make $4,980 or more
- Best-in-class properties (top 10%) achieve $8,158+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,423
Revenue Variations by Month
Occupancy Rates Throughout the Year in Lake Placid
The market in Lake Placid 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 39% occupancy rates
- Strong performing properties (top 25%) achieve 60% or higher
- Best-in-class properties (top 10%) reach 78%+occupancy
- Entry-level properties (bottom 25%) average around 20%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Lake Placid
Daily rates in Lake Placid 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 $195 per night
- Strong performing properties (top 25%) secure $288 or more
- Best-in-class properties (top 10%) pull in $476+ per night
- Entry-level properties (bottom 25%) earn around $121
Daily Rate Variations by Month
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Seasonality patterns in Lake Placid
Peak Season (March, February, June)
- Revenue peaks at $5406.15 per month
- Occupancy rates reach 59.42%
- Daily rates average $263.02
Shoulder Season
- Revenue averages $3848.35 per month
- Occupancy maintains 41.57%
- Daily rates hold at $251.56
Low Season (November, September, October)
- Revenue drops to $2522.61 per month
- Occupancy decreases to 32.07%
- Daily rates adjust to $237.04
Is it still profitable to do Airbnb in Lake Placid in 2025?
Yes! Lake Placid demonstrates highly seasonal trends requiring strategic adaptation, featuring a growing occupancy rate of 42% and strong monthly revenue averaging $3848 and The market's 153 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 (leaf-peepers, wine tourists, cultural festival attendees, solo travelers)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Lake Placid
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Lakefront Park | A beautiful recreational area offering scenic views of Lake Placid. It attracts families and outdoor enthusiasts who enjoy boating, fishing, and picnics. | Lake Placid's Waterfront Park, Boat ramp, Playground, Picnic areas, Fishing spots |
| Downtown Lake Placid | The vibrant heart of Lake Placid, featuring local shops, restaurants, and cultural attractions. It is appealing for those looking to experience the local community and nightlife. | Lake Placid Historical Society, Local boutiques, Cafes and restaurants, Art galleries, Annual festivals |
| Lake Placid Golf Club | Offers a serene environment for golf enthusiasts. This peaceful atmosphere attracts visitors for both recreational and relaxation purposes. | 18-hole golf course, Clubhouse, Pro shop, Golf tournaments, Beautiful landscaping |
| Highlands Hammock State Park | A popular natural getaway that offers hiking trails and wildlife viewing. Travelers looking for natural beauty and outdoor activities flock here. | Nature trails, Biking trails, Visitor center, Camping sites, Wildlife viewing |
| Placid Lake, | A lovely area around Placid Lake provides opportunities for water sports and relaxing by the water. Perfect for visitors seeking a tranquil environment. | Swimming, Kayaking, Fishing, Picnicking, Bird watching |
| Lake June-in-Winter Scrub | A unique natural area that attracts nature lovers and outdoor enthusiasts due to its scrub habitats and hiking trails. | Hiking trails, Wildlife observation, Scenic views, Nature photography, Peaceful surroundings |
| Local Wineries and Vineyards | This area is becoming known for its wineries, attracting those interested in wine tasting and vineyard tours. | Wine tastings, Touring vineyards, Wine festivals, Picnic areas, Local events |
| Cultural Arts Center | A hub for arts and culture, hosting events, workshops, and galleries. This area is appealing for visitors interested in the arts scene. | Art exhibitions, Performance art, Workshops, Cultural events, Local artists showcase |
Do you need a license for Airbnb in Lake Placid?
We recommend checking directly with Lake Placid'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 Lake Placid
Family Ties Lake Front Home 7/7 game room & beach
Entire Place • 7 bedrooms
Private Old Florida Lake House Retreat
Entire Place • 5 bedrooms
Lakefront Home, 2 King Beds, Kayak, Large Kitchen
Entire Place • 5 bedrooms
Windy Point Estate
Entire Place • 5 bedrooms
Lake Beach 6 Bedroom, 4 Bath, plus 3rd floor bonus
Entire Place • 7 bedrooms
Cozy lake house retreat!
Entire Place • 5 bedrooms
Top Performing Professional Hosts in Lake Placid
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Evolve | 6 | $191,178 | 195 | 4.89/5.0 |
| Patricia | 2 | $187,355 | 45 | 4.93/5.0 |
| Lisa | 1 | $169,213 | 33 | 4.88/5.0 |
| Roby | 1 | $164,496 | 49 | 4.98/5.0 |
| Marcel | 1 | $157,117 | 41 | 4.90/5.0 |
| Ari & Lily | 1 | $143,582 | 17 | 4.76/5.0 |
| Sabrina | 1 | $139,960 | 158 | 4.96/5.0 |
| Zack | 1 | $132,812 | 57 | 4.95/5.0 |
| Javier | 1 | $128,585 | 21 | 5.00/5.0 |
| Kelly | 3 | $120,194 | 26 | 3.27/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Lake Placid
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 (99.3%), with house and outdoor & mobile properties comprising 93.5% of inventory
- Untapped potential in outdoor & mobile, apartment & condo, boutique & hotels, others, unique stays segments (11.2% combined)
Room Capacity Distribution
Analysis of 153 properties in Lake Placid shows that 3 bedrooms properties are most prevalent, making up 41.8% of the market. The market tends to favor larger properties, with 3 bedrooms and 2 bedrooms together representing 65.4% of all listings.
Key Insights
- Most common: 3 bedrooms (41.8%)
- Least common: 5+ bedrooms (7.2%)
- Market concentration: 65.4% in top 2 sizes
- Market skew: Favors larger properties
Guest Capacity Distribution
Analysis of 153 properties in Lake Placid reveals that 8+ guests properties dominate the market, representing 51% of all listings. The average property accommodates 6.4 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 68.0% of the market.
Key Insights
- Most common capacity: 8+ guests (51% of market)
- Least common capacity: 5 guests (2.6% of market)
- Average guest capacity: 6.4 guests per property
- Market concentration: 68.0% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 153 properties in Lake Placid, the most common availability pattern is 271-366 days (37.9% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (33.3% of properties).
Key Insights
- Most common availability window: 271-366 days (37.9%)
- Most common booking duration: 91-180 days (33.3%)
- Properties with high availability (180+ days): 72.5%
- Properties with long-term bookings (180+ days): 29.4%
Minimum Stay Distributions
1 Night
23 listings
16.1% of total
2 Nights
49 listings
34.3% of total
3 Nights
42 listings
29.4% of total
4-6 Nights
12 listings
8.4% of total
7-29 Nights
8 listings
5.6% of total
30+ Nights
9 listings
6.3% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 50.4%
- Mid-length stays (4-6 nights) represent 8.4% of listings
- Monthly+ stays (6.3%) suggest a stable extended-stay market
- High market flexibility with 79.8% 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
4 listings
3.1% of total
Flexible
32 listings
25.2% of total
Moderate
21 listings
16.5% of total
Firm
33 listings
26% of total
Strict
37 listings
29.1% of total
Key Insights
- Strict is the preferred policy at 29.1% of listings
- The market shows a balanced distribution between guest-friendly (41.7%) and strict (55.1%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 3.1% of listings
Recommendations
- Market supports various policies - choose based on your property type and target guests
- Strong market preference for Strict policies suggests this should be your baseline
Booking Lead Time Trends
Key Insights
- Peak booking lead times occur in Mar, Feb, Jan, averaging 90 days
- Shortest booking windows are in Nov, Sep, Oct, averaging 37 days
- Winter shows the longest average booking window at 77 days, while Fall has the shortest at 37 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 Nov-Oct when lead times are shortest
Popular Airbnb Amenities in Lake Placid
Every property in Lake Placid comes standard with Air conditioning. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 97.5% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (0.9%) and United Kingdom (0.5%)
- English is the top language at 73%, followed by Spanish (20.6%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.2%
Recommendations
- Target marketing campaigns for Miami and Fort Lauderdale markets
- Develop localized content for Canada and United Kingdom
- 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 Lake Placid. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Sailfish Point | 20 | $22,015 | $1319.36 | 63% |
| Reunion | 11 | $8,436 | $555.22 | 48% |
| Lake Clarke Shores | 27 | $6,443 | $424.96 | 48% |
| Anna Maria island | 615 | $6,313 | $698.78 | 42% |
| Thonotosassa | 14 | $5,659 | $330.77 | 50% |
| Boca Grande | 39 | $5,444 | $599.97 | 42% |
| Melbourne Beach | 227 | $5,145 | $400.40 | 44% |
| Lighthouse Point | 79 | $5,009 | $391.01 | 46% |
| Indian Rocks Beach | 869 | $4,890 | $354.76 | 49% |
| Plantation | 119 | $4,631 | $356.02 | 46% |
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