Airbnb Market Analytics, Statistics and Data in Palmetto, 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 Palmetto? 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 Palmetto:
How much do Airbnb hosts make on average per month in Palmetto?
The short-term rental market in Palmetto 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 $2,449 per month
- Strong performing properties (top 25%) make $4,271 or more
- Best-in-class properties (top 10%) achieve $7,242+ monthly
- Entry-level properties (bottom 25%) typically earn around $1,228
Revenue Variations by Month
Occupancy Rates Throughout the Year in Palmetto
The market in Palmetto 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 50% occupancy rates
- Strong performing properties (top 25%) achieve 72% or higher
- Best-in-class properties (top 10%) reach 84%+occupancy
- Entry-level properties (bottom 25%) average around 27%
Occupancy Variations by Month
Average Daily Rates Seasonal Trends in Palmetto
Daily rates in Palmetto 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 $127 per night
- Strong performing properties (top 25%) secure $203 or more
- Best-in-class properties (top 10%) pull in $353+ per night
- Entry-level properties (bottom 25%) earn around $87
Daily Rate Variations by Month
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Seasonality patterns in Palmetto
Peak Season (March, February, June)
- Revenue peaks at $4885.05 per month
- Occupancy rates reach 66.41%
- Daily rates average $211.70
Shoulder Season
- Revenue averages $3331.34 per month
- Occupancy maintains 48.69%
- Daily rates hold at $182.29
Low Season (May, August, September)
- Revenue drops to $1982.62 per month
- Occupancy decreases to 35.33%
- Daily rates adjust to $166.73
Is it still profitable to do Airbnb in Palmetto in 2025?
Yes! Palmetto demonstrates highly seasonal trends requiring strategic adaptation, featuring a healthy occupancy rate of 49% and strong monthly revenue averaging $3331 and The market's 114 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 (spring breakers, nature enthusiasts, conference attendees, couples)
- Create targeted promotional campaigns to drive occupancy
Top Places to Start Airbnb in Palmetto
| Area | Why Choose This Area | Key Attractions |
|---|---|---|
| Palmetto Historic District | Charming area with historic homes and a vibrant community atmosphere, ideal for guests interested in culture and history. | Manatee River, Palmetto Historical Park, Palmetto Giants, Riverwalk, Tropicana Field |
| Edwards Community Park | Popular family-friendly park with recreational activities, great for families and nature lovers. | Edwards Community Park, Playgrounds, Sports facilities, Walking trails, Fishing areas |
| Regatta Pointe Marina | Scenic marina area with beautiful views of the water, perfect for boating enthusiasts and those looking to relax near the water. | Regatta Pointe Marina, Waterfront dining, Fishing opportunities, Boat rentals, Palm trees and scenic views |
| Lincoln Park | A peaceful neighborhood featuring parks and local restaurants, it offers a tranquil experience for guests. | Lincoln Park, Local eateries, Community events, Parks and recreation, Quiet streets |
| Riverwalk Park | A beautiful park setting along the river, ideal for outdoor activities and enjoying nature, appealing to nature lovers. | Riverwalk Park, Walking and biking paths, Picnic areas, Wildlife viewing, Scenic river views |
| Ellenton Premium Outlets | A shopping haven for those seeking deals on top brands, attractive to tourists looking to shop during their stay. | Outlet shopping, Dining options, Factory stores, Seasonal events, Family-friendly atmosphere |
| Bradenton Area Convention Center | Host to events and conventions, making it a great spot for business travelers and event attendees. | Convention center events, Local festivals, Cultural events, Waterfront location, Nearby dining options |
| Palmetto's Downtown | An evolving downtown area with new restaurants and shops attracting visitors to experience local culture. | Local shops, Restaurants, Cultural festivals, Art galleries, Historic architecture |
Do you need a license for Airbnb in Palmetto?
We recommend checking directly with Palmetto'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 Palmetto
Paradise on the Bay - Snead Island FL Waterfront
Entire Place • 4 bedrooms
Island living, resort style home!! Pool, hot tub +
Entire Place • 7 bedrooms
The Ocean Pearl
Entire Place • 4 bedrooms
Grey Finn Lodge sleeps 20+ on 20 acres!
Entire Place • 8 bedrooms
4 Bd (3 King)/4Ba 1.2acres htd salt pool private!
Entire Place • 4 bedrooms
Boater’s Dream Oasis
Entire Place • 3 bedrooms
Top Performing Professional Hosts in Palmetto
| Host Name | Properties | Grossing Revenue | Stay Reviews | Avg Rating |
|---|---|---|---|---|
| Evolve | 11 | $389,132 | 228 | 4.27/5.0 |
| Todd | 1 | $144,362 | 10 | 4.90/5.0 |
| Brian | 3 | $141,649 | 182 | 3.18/5.0 |
| Drew | 1 | $135,234 | 61 | 4.95/5.0 |
| Keriann | 1 | $114,214 | 21 | 5.00/5.0 |
| Andrew | 1 | $104,918 | 42 | 4.95/5.0 |
| Craig | 1 | $104,011 | 53 | 4.85/5.0 |
| Rich & Amanda | 1 | $99,688 | 37 | 5.00/5.0 |
| Richard | 1 | $74,814 | 198 | 4.59/5.0 |
| Jamie | 1 | $73,068 | 47 | 4.96/5.0 |
Additional analytics on vacation rental, real estate, short term rental data in Palmetto
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 (90.4%), with house and apartment & condo properties comprising 87.7% of inventory
- Untapped potential in boutique & hotels, others segments (3.5% combined)
Room Capacity Distribution
Analysis of 114 properties in Palmetto shows that 3 bedrooms properties are most prevalent, making up 29.8% of the market. The market tends to favor smaller properties, with 3 bedrooms and 1 bedroom together representing 57.0% of all listings.
Key Insights
- Most common: 3 bedrooms (29.8%)
- Least common: 5+ bedrooms (3.5%)
- Market concentration: 57.0% in top 2 sizes
- Market skew: Favors smaller properties
Guest Capacity Distribution
Analysis of 114 properties in Palmetto reveals that 8+ guests properties dominate the market, representing 23.7% of all listings. The average property accommodates 5.0 guests, with a clear trend towards larger guest capacities. Properties accommodating 8+ guests and 6 guests make up 46.5% of the market.
Key Insights
- Most common capacity: 8+ guests (23.7% of market)
- Least common capacity: 5 guests (3.5% of market)
- Average guest capacity: 5.0 guests per property
- Market concentration: 46.5% in top 2 capacity sizes
- Market segmentation: Predominantly larger guest capacities
Booking and Availability Patterns
Available Days Distribution
Booked Days Distribution
Among 114 properties in Palmetto, the most common availability pattern is 181-270 days (35.1% of properties). For actual bookings, properties most frequently secure bookings for 91-180 days (36% of properties).
Key Insights
- Most common availability window: 181-270 days (35.1%)
- Most common booking duration: 91-180 days (36%)
- Properties with high availability (180+ days): 65.8%
- Properties with long-term bookings (180+ days): 35.1%
Minimum Stay Distributions
1 Night
18 listings
18.4% of total
2 Nights
34 listings
34.7% of total
3 Nights
29 listings
29.6% of total
4-6 Nights
6 listings
6.1% of total
7-29 Nights
6 listings
6.1% of total
30+ Nights
5 listings
5.1% of total
Key Insights
- Short stays (1-2 nights) dominate the market at 53.1%
- Mid-length stays (4-6 nights) represent 6.1% of listings
- Monthly+ stays (5.1%) suggest a stable extended-stay market
- High market flexibility with 82.7% 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 60 Days
3 listings
3.2% of total
Flexible
13 listings
13.7% of total
Moderate
22 listings
23.2% of total
Firm
27 listings
28.4% of total
Strict
30 listings
31.6% of total
Key Insights
- Strict is the preferred policy at 31.6% of listings
- The market shows a balanced distribution between guest-friendly (36.9%) and strict (60.0%) policies
- Strong market consensus around Strict policies
- Super Strict 60 Days policies are least common at 3.2% 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 89 days
- Shortest booking windows are in Nov, May, Oct, averaging 36 days
- Winter shows the longest average booking window at 78 days, while Fall has the shortest at 40 days
Recommendations
- Implement dynamic pricing strategies for Winter bookings at least 78 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 Palmetto
Every property in Palmetto comes standard with Wifi, Air conditioning, and TV. Below shows the distribution of other amenities:
Traveler Demographics
Key Insights
- Domestic travelers make up 92.8% of total guests, indicating a dominant local market share.
- Primary international markets: Canada (2.3%) and Germany (1.2%)
- English is the top language at 70.9%, followed by Spanish (21.2%)
- Notable demographic segment in <=1950s (Pre-1950s (Silent Gen)) at 4.5%
Recommendations
- Target marketing campaigns for Orlando and Miami markets
- Develop localized content for Canada and Germany
- 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 Palmetto. These nearby markets offer diverse opportunities for property investors and hosts:
| Market | Properties | Monthly Revenue | Daily Rate | Occupancy |
|---|---|---|---|---|
| Reunion | 11 | $8,436 | $555.22 | 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% |
| Indian Rocks Beach | 869 | $4,890 | $354.76 | 49% |
| Captiva | 265 | $4,541 | $653.86 | 34% |
| Siesta Key | 1,147 | $4,189 | $426.73 | 43% |
| Kenneth City | 17 | $4,019 | $236.51 | 51% |
| Seminole | 500 | $3,995 | $264.53 | 54% |
| Apollo Beach | 115 | $3,711 | $297.29 | 48% |
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