Airbnb Market Analytics, Statistics and Data in Miami, 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 Miami? 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 Miami:
How much do Airbnb hosts make on average per month in Miami?
The short-term rental market in Miami 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 $2,963 per month
- Strong performing properties (top 25%) make $5,307 or more
- Best-in-class properties (top 10%) achieve $8,398+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,505
Revenue Variations by Month
Occupancy Rates Throughout the Year in Miami
The market in Miami 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 55% occupancy rates
- Strong performing properties (top 25%) achieve 76% or higher
- Best-in-class properties (top 10%) reach 88%+occupancy
- Entry-level properties (bottom 25%) average around 29%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Miami
Daily rates in Miami 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 $185 per night
- Strong performing properties (top 25%) secure $297 or more
- Best-in-class properties (top 10%) pull in $471+ per night
- Entry-level properties (bottom 25%) earn around $109
Daily Rate Variations by Month
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Seasonality patterns in Miami
Peak Season (March, December, February)
- Revenue peaks at $5140.00 per month
- Occupancy rates reach 59.68%
- Daily rates average $287.66
Shoulder Season
- Revenue averages $4105.02 per month
- Occupancy maintains 52.36%
- Daily rates hold at $258.26
Low Season (July, August, September)
- Revenue drops to $3000.62 per month
- Occupancy decreases to 45.69%
- Daily rates adjust to $231.58
Is it still profitable to do Airbnb in Miami in 2025?
Yes! Miami demonstrates moderate seasonality with good off-peak opportunities, featuring a healthy occupancy rate of 52% and strong monthly revenue averaging $4105 and As a mature market with 7328 active listings, there's strong demand despite the competition. 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 Miami
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| South Beach | Iconic Miami Beach neighborhood known for its Art Deco architecture and vibrant nightlife. Prime location for tourists seeking the quintessential Miami experience with direct beach access and endless entertainment options. | Art Deco Historic District, Ocean Drive, Lummus Park Beach, Lincoln Road Mall, Española Way, Miami Beach Boardwalk |
| Brickell | Miami's modern financial district with luxury high-rises and upscale amenities. Popular with business travelers and those seeking an urban luxury experience with easy access to downtown. | Brickell City Centre, Mary Brickell Village, Miami River restaurants, Brickell Key, Simpson Park |
| Wynwood | Trendy arts district known for its colorful murals and hipster culture. Attracts young professionals and creative types looking for a unique, cultural experience. | Wynwood Walls, art galleries, craft breweries, Wynwood Art Walk, trendy restaurants and bars |
| Coconut Grove | Charming neighborhood with lush greenery and a bohemian vibe. Known for its outdoor cafes, parks, and cultural festivals. Attracts families and nature lovers. | Coconut Grove Arts Festival, Vizcaya Museum and Gardens, CocoWalk, Barnacle Historic State Park, Marjory Stoneman Douglas Biscayne Nature Center |
| Miami Design District | Luxury shopping and design district featuring high-end stores, art galleries, and unique architectural experiences. Popular among art and fashion enthusiasts. | Miami Design District shopping, Adeena Sussman Cooking School, Institute of Contemporary Art, The Jewel Box, Sculpture Garden |
| Little Havana | Vibrant Cuban-American neighborhood with a rich cultural history, known for its music, food, and festivals. Ideal for travelers interested in cultural immersion. | Calle Ocho, Ball & Chain, Domino Park, Cuban Memorial Boulevard, Maximo Gomez Park |
| Downtown Miami | The bustling heart of the city with a mix of business, entertainment, and residential areas. Offers a vibrant urban lifestyle and cultural experiences. | Bayside Marketplace, American Airlines Arena, Frost Museum of Science, Perez Art Museum Miami, Miami Tower |
| North Beach | Quieter alternative to South Beach with a more relaxed vibe. Perfect for families and those looking for beach access without the party atmosphere. | North Beach Oceanside Park, Haulover Beach Park, Bal Harbour Shops, Espanola Way, Miami Beach Boardwalk |
Do you need a license for Airbnb in Miami?
We recommend checking directly with Miami's local government regarding short-term rental licensing requirements. Current market data shows limited licensing information (7% of listings), making it essential to verify current regulations before starting your Airbnb business.
Top Performing Airbnb Properties in Miami
Villa Maya *12 Bedroom 14,000 sq ft Miami Mansion*
Entire Place • 12 bedrooms
Luxury Penthouse in Brickell • 5 Bedrooms
Entire Place • 6 bedrooms
10BR Villa Calabassa on the Water
Entire Place • 11 bedrooms
Tulum on the Water - Miami Waterfront Villa
Entire Place • 6 bedrooms
Serenity Lux Villas - 10BR Group Oasis
Entire Place • 10 bedrooms
Lux Tropical Villa—Pool, Hot-tub, PingPong & More
Entire Place • 6 bedrooms
Top Performing Professional Hosts in Miami
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Natalia | 129 | $8,890,219 | 9470 | 4.67/5.0 |
| Nani | 33 | $5,179,509 | 2596 | 4.89/5.0 |
| Bluewater | 71 | $4,661,569 | 4835 | 4.85/5.0 |
| Nomada | 123 | $4,417,430 | 6335 | 4.63/5.0 |
| Yhh | 49 | $3,331,094 | 802 | 4.81/5.0 |
| Andre | 13 | $3,173,320 | 245 | 4.11/5.0 |
| Pat | 58 | $3,033,829 | 3645 | 4.69/5.0 |
| John Wallace | 46 | $2,771,586 | 3375 | 4.84/5.0 |
| WeHost | 64 | $2,578,945 | 2740 | 3.90/5.0 |
| Ionica | 67 | $2,329,067 | 1462 | 3.71/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Miami
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 (86.2%), with apartment & condo and house properties comprising 90.4% of inventory
- Untapped potential in others, outdoor & mobile, unique stays segments (4.2% combined)
Room Capacity Distribution
Analysis of 7,328 properties in Miami shows that 1 bedroom properties are most prevalent, making up 44.7% of the market. The market tends to favor smaller properties, with 1 bedroom and 2 bedrooms together representing 67.8% of all listings.
Key Insights
- Most common: 1 bedroom (44.7%)
- Least common: 5+ bedrooms (3.7%)
- Market concentration: 67.8% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 7,328 properties in Miami reveals that 4 guests properties dominate the market, representing 26.2% of all listings. The average property accommodates 4.1 guests, with a clear trend towards larger guest capacities. Properties accommodating 4 guests and 2 guests make up 47.1% of the market.
Key Insights
- Most common capacity: 4 guests (26.2% of market)
- Least common capacity: 1 guest (2.2% of market)
- Average guest capacity: 4.1 guests per property
- Market concentration: 47.1% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 7,328 properties in Miami, the most common availability pattern is 271-366 days (31.2% of properties). For actual bookings, properties most frequently secure bookings for 181-270 days (27.2% of properties).
Key Insights
- Most common availability window: 271-366 days (31.2%)
- Most common booking duration: 181-270 days (27.2%)
- Properties with high availability (180+ days): 57.0%
- Properties with long-term bookings (180+ days): 44.2%
Minimum Stay Distributions
1 Night
1965 listings
31.8% of total
2 Nights
1415 listings
22.9% of total
3 Nights
900 listings
14.6% of total
4-6 Nights
481 listings
7.8% of total
7-29 Nights
488 listings
7.9% of total
30+ Nights
923 listings
15% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 54.7%
- Mid-length stays (4-6 nights) represent 7.8% of listings
- Monthly+ stays (15%) suggest a stable extended-stay market
- High market flexibility with 69.3% 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
25 listings
0.4% of total
Super Strict 60 Days
33 listings
0.6% of total
Flexible
759 listings
13.1% of total
Moderate
1647 listings
28.4% of total
Firm
1233 listings
21.2% of total
Strict
2108 listings
36.3% of total
Key Insights
- Strict is the preferred policy at 36.3% of listings
- The market shows a balanced distribution between guest-friendly (41.5%) and strict (57.5%) policies
- Strong market consensus around Strict policies
- Super Strict 30 Days policies are least common at 0.4% 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, May, averaging 48 days
- Shortest booking windows are in Jun, Aug, Sep, averaging 34 days
- Spring shows the longest average booking window at 46 days, while Fall has the shortest at 37 days
Recommendations
- Implement dynamic pricing strategies for Spring bookings at least 46 days in advance
- Consider early bird discounts during Fall to encourage longer lead times
- Focus on last-minute booking promotions during Jun-Sep when lead times are shortest
Popular Airbnb Amenities in Miami
Below is the distribution of amenities across listings in Miami:
Traveler Demographics
Key Insights
- Domestic travelers make up 74.8% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (4%) and Brazil (2.3%)
- English is the top language at 61.1%, followed by Spanish (27.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 5.5%
Recommendations
- Target marketing campaigns for New York and Miami markets
- Develop localized content for Canada and Brazil
- 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 Miami. 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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