Key West's unique island culture, sunsets, and year-round warm weather make it a premium STR market. Limited inventory supports high nightly rates. VRBO is particularly strong in Key West for family vacation rentals and longer stays. This calculator uses VRBO's typical 5% host fee structure.
VRBO's Lower Host Fees
VRBO charges hosts 3-5% per booking (vs. Airbnb's 14-16% host-only fee). This calculator uses 5% platform fee. On a $1,500 booking, you'd pay $75 to VRBO vs. potentially $225+ to Airbnb.
Property Details
Total property acquisition cost
Average rate per night
Expected annual occupancy
Per turnover
Airbnb/VRBO service fee (typically 3%)
Annual
Annual
Monthly average
Monthly
% of revenue
% of revenue (0 if self-managing)
Financial Summary
Annual Expenses
Your Investment
Why VRBO Works in Key West
Family-Focused Travelers
VRBO attracts families and groups who book whole homes for vacations. Key West's beach market appeals to this demographic.
Longer Stays = Lower Turnover
VRBO guests typically book 5-7 night stays vs. 3-4 on Airbnb. Fewer turnovers mean lower cleaning costs and less operational work.
Lower Platform Fees
VRBO's 3-5% host fee is significantly lower than Airbnb's host-only model (14-16%), meaning more revenue stays with you.
Key West Market Highlights
- 1Unique tropical island atmosphere in continental US
- 2Year-round warm weather destination
- 3Cruise ship day visitors expand tourism base
- 4Fantasy Fest and other events drive premium periods
Seasonality in Key West
Strong year-round with peaks in winter (January-April) when weather is perfect.
Key West STR Regulations
Key West has strict STR regulations with transient license requirements. Limited licenses available.
Frequently Asked Questions
Market averages are estimates for educational purposes only. See full disclaimer