Keystone Heights, FL Airbnb Market Data, Statistics, and Occupancy Rates

Keystone Heights Short-Term Rental Market Overview

Keystone Heights, FL is a small but growing lakeside market with just 17 active Airbnb listings and a 75% year-over-year increase in supply — signaling rising investor interest. With an average annual revenue of $23,941 and home values around $403,232, the market offers a modest yield profile suited to investors looking for affordable Florida entry points with outdoor-recreation appeal. The ROI score of 60 out of 100 reflects average revenue-to-price and occupancy fundamentals, balanced by above-average growth and favorable supply/demand dynamics.

Key Market Statistics

According to Rabbu market data, the Keystone Heights short-term rental market shows:

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026.

Why Investors Consider Keystone Heights

Investors are drawn to Keystone Heights for its affordable property prices relative to statewide averages, combined with above-average supply/demand balance and growing market momentum.

Expert Market Assessment

"Keystone Heights presents a moderate opportunity for STR investors who value affordable entry and an emerging market trajectory over high absolute returns. The 39% average occupancy rate lags the 54% Florida state average, but this is partly offset by the market's small inventory and above-average growth trend. Seasonality shows meaningful revenue swings — September peaks at $2,775 while October dips to $1,626 — so cash reserves for quieter months are important. For investors targeting lake-leisure demand and willing to optimize amenities and pricing, this market offers a reasonable risk-reward profile at its current stage of development."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Keystone Heights

Average revenue by month in Keystone Heights

Revenue in Keystone Heights peaks in September at $2,775 and dips lowest in October at $1,626, creating a $1,149 spread that reflects meaningful but manageable seasonality. March ($2,405) and July ($2,224) form secondary peaks, suggesting demand tied to both spring travel and summer lake season.

Active Airbnb listings by property size in Keystone Heights

The market's active supply consists entirely of 2-bedroom properties (7 listings with reported size data), pointing to a highly concentrated inventory. Investors considering larger or smaller configurations may find an underserved niche, though demand for alternative sizes should be validated before committing.

Average daily rate (ADR) by property size in Keystone Heights

Two-bedroom listings in Keystone Heights command an ADR of $138, well below the market-wide average of $186, which suggests that non-reporting or differently sized listings may push the overall figure higher. At $138, 2-bedroom properties offer a budget-friendly rate that appeals to weekend lake travelers.

Average RevPAN by property size in Keystone Heights

Two-bedroom properties generate a RevPAN of $64, reflecting their 46% occupancy rate applied to a $138 ADR. This is modestly below the market-wide RevPAN of $71, indicating that the broader mix of listings may include higher-performing outliers.

Average occupancy rates by property size in Keystone Heights

Two-bedroom listings average 46% occupancy — seven percentage points above the overall market rate of 39% — making them the most reliably booked configuration in this small market. This level supports relatively steady cash flow, though it still leaves considerable room for optimization through pricing and marketing.

Average monthly revenue by property size in Keystone Heights

Two-bedroom properties bring in approximately $1,737 per month on average, somewhat below the market-wide monthly average of $1,995. This gap suggests that the highest earners in the market may be unlisted property sizes or exceptionally well-positioned 2-bedroom listings.

Average annual revenue by property size in Keystone Heights

At $20,844 per year, 2-bedroom listings represent the baseline revenue tier in Keystone Heights. Against an average home value of $403,232, this implies a gross yield around 5.2%, which is modest but competitive for a low-supply Florida lake market with growth tailwinds.

Most common amenities for Airbnb listings in Keystone Heights

Backyard, BBQ grill, self check-in, and parking each appear in 94% of listings, establishing them as table stakes for the Keystone Heights market. Lake access (82%) and waterfront location (82%) are the defining amenity differentiators — signaling that guests specifically seek lakeside experiences and that properties without water proximity may struggle to compete.

Understanding Keystone Heights's ROI Score: 60/100

Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.

How the ROI Score is Calculated

What This Means for Investors

Keystone Heights earns a 60 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" band. Average revenue-to-price and occupancy stability are balanced by above-average marks for market growth trend and supply/demand balance — meaning the market is still maturing and hasn't been flooded with competition. Investors should pair these data points with local regulatory research and on-the-ground property analysis to validate the opportunity.

Short-Term Rental Regulations in Keystone Heights

Understanding local STR regulations is essential before investing in Keystone Heights. Here's the current regulatory landscape:

Permit Requirements

Short-term rental operators in Keystone Heights, Florida may need to register with both Clay County and the State of Florida's Department of Business and Professional Regulation (DBPR). Investors should verify current permit and licensing requirements directly with local authorities before listing a property.

Key Restrictions

Common restrictions in Florida STR markets include occupancy limits, noise ordinances, parking requirements, and minimum-stay provisions. HOA and deed restrictions can also limit or prohibit short-term rentals in certain communities, so reviewing covenants before purchasing is essential.

Tax Obligations

Florida requires STR hosts to collect and remit state sales tax and any applicable county tourist development tax. Many booking platforms handle tax collection automatically, but hosts should confirm compliance with Clay County and state tax obligations.

Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Keystone Heights can provide current regulatory guidance.

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Keystone Heights is likely to see continued supply growth as more investors discover this under-the-radar lake community. Occupancy could settle in the 38–42% range as new listings absorb demand, though ADR may edge up 2–4% if hosts continue investing in lake-access amenities. September and March have emerged as the strongest revenue months, and sustained interest in nature-based getaways across North Central Florida should keep seasonal peaks healthy. Investors should plan for softer months — particularly October and February — and build conservative cash-flow models accordingly."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Keystone Heights, FL

What is the average Airbnb occupancy rate in Keystone Heights?

The average occupancy rate for Airbnb listings in Keystone Heights is currently 39%, which falls below the Florida state average of 54%. This reflects the market's smaller size and more seasonal demand patterns. Two-bedroom properties — the dominant listing type — perform somewhat better at 46% occupancy.

How much do Airbnb hosts make in Keystone Heights?

Airbnb hosts in Keystone Heights earn an average of $1,995 per month, which translates to approximately $23,941 per year based on trailing 12-month performance. Revenue varies significantly by season, with September topping out near $2,775 and October dipping to around $1,626. Two-bedroom listings specifically average about $20,844 annually.

Is Keystone Heights a good market for Airbnb investment?

Keystone Heights scores 60 out of 100 on Rabbu's ROI Score, placing it in the "Attractive Opportunity" category. The market benefits from above-average growth trends and a favorable supply/demand balance, though its revenue-to-price ratio and occupancy stability are average. It's best suited for investors seeking an affordable Florida entry point with upside potential, rather than those looking for high immediate cash flow.

What is the average daily rate (ADR) for Airbnb in Keystone Heights?

The average daily rate in Keystone Heights is $186, which is significantly lower than the Florida state average of $498. Two-bedroom properties — the primary listing type — command an ADR of $138. The lower rate reflects the market's inland, lake-focused positioning compared to Florida's premium coastal destinations.

Are short-term rentals legal in Keystone Heights?

Short-term rentals are permitted in Florida, though operators in Keystone Heights may need to obtain state-level licensing through the DBPR and comply with any Clay County regulations. HOA restrictions can also apply. Investors should verify all local permit requirements, zoning rules, and tax obligations before purchasing or listing a property.

When is peak season for Airbnb in Keystone Heights?

September is the strongest revenue month in Keystone Heights, with average earnings of $2,775, followed by March at $2,405 and July at $2,224. The softer months are October ($1,626) and February ($1,767). This pattern suggests demand driven by a mix of early-fall getaways, spring break travel, and summer lake recreation.

How many Airbnbs are there in Keystone Heights?

There are currently 17 active Airbnb listings in Keystone Heights as of late April 2026. This represents a 75% increase year over year, indicating the market is in an early growth phase. The small inventory means individual listings face less direct competition, but it also means the market can shift quickly as new supply enters.

How is Airbnb revenue calculated in Keystone Heights?

The annual and monthly revenue figures shown for Keystone Heights are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — not a forward-looking projection. We average each comparable listing's actual revenue per available night (RevPAN) by month over the past year, remove regional outliers, and aggregate to a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks and slower months, since each month uses its own historical data. Individual results can vary based on property quality, pricing strategy, and how well the listing is managed.

About Rabbu Market Data

Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.

What this data includes

• Regularly updated active Airbnb and STR listing counts for Keystone Heights and surrounding areas
• Average daily rate, occupancy, and RevPAN trends across property sizes
• Monthly and annual revenue estimates based on trailing 12-month booking performance
• Home value data sourced from the Zillow Home Value Index (ZHVI)
• Amenity prevalence and supply composition insights from active listings

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Apr, 27 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Local regulations, permit requirements, and tax obligations can change; investors should verify current rules with municipal and state authorities before purchasing. Individual property results will vary based on location, amenities, pricing strategy, and management quality.