Miami, FL Airbnb Market Data, Statistics, and Occupancy Rates

Miami Short-Term Rental Market Overview

Miami's short-term rental market features over 6,023 active Airbnb listings generating an average annual revenue of $33,344 per property, with a current ADR of $267 and occupancy hovering at 53%. The market's pronounced seasonality — peaking in late winter and spring — rewards investors who price strategically, while larger properties command significantly higher nightly rates and revenue. With an ROI score of 56 out of 100, Miami presents an attractive opportunity where healthy demand and tourism-driven traffic balance against elevated property values averaging $930,568.

Key Market Statistics

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

Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.

Why Investors Consider Miami

Miami attracts STR investors because its diverse demand base — spanning tourism, business travel, and events — generates consistent booking activity across multiple seasons.

Expert Market Assessment

"Miami registers as an attractive opportunity for STR investors, balancing healthy tourist demand with a competitive but navigable supply landscape. Seasonality is a defining characteristic — March leads the calendar at $5,123 in average monthly revenue, while September dips to $1,437, creating a roughly 3.6x spread between the best and weakest months. Investors who can weather summer softness through pricing adjustments and target higher-bedroom-count properties will find the strongest revenue upside. The 122% year-over-year growth in active listings warrants attention, as sustained supply increases could compress occupancy and revenue for less differentiated properties."

— Rabbu Market Analysis Team

Key Airbnb Metrics & Trends in Miami

Average revenue by month in Miami

Miami shows sharp seasonality, with March topping the calendar at $5,123 in average revenue and September bottoming out at just $1,437 — a spread of over $3,600. The winter-spring corridor (December through April) consistently outperforms, making cash-flow planning around these peak months essential for investors.

Active Airbnb listings by property size in Miami

One-bedroom units dominate Miami's supply with 2,884 listings (nearly half the market), followed by 2-bedrooms at 1,398. Larger configurations — 4-bedroom and above — represent a combined 608 listings, suggesting less competition and potential opportunity for investors willing to acquire bigger properties.

Average daily rate (ADR) by property size in Miami

ADR scales steeply with size in Miami, from $156 for studios to $1,149 for 6+ bedroom properties. The jump from 3-bedroom ($368) to 4-bedroom ($514) represents a 40% premium, making that threshold a notable inflection point for investors evaluating rate potential against acquisition costs.

Average RevPAN by property size in Miami

Revenue per available night climbs dramatically with property size, from $85 for studios to $591 for 6+ bedroom homes. Even after accounting for slightly lower occupancy in larger properties, the RevPAN gap confirms that bigger units generate substantially more revenue per night they are available.

Average occupancy rates by property size in Miami

Occupancy is fairly consistent across property sizes, ranging from 47% for 5-bedrooms to 55% for 2-bedrooms. This narrow spread suggests that demand exists across all configurations, though smaller units enjoy a slight edge in fill rates that contributes to more predictable cash flow.

Average monthly revenue by property size in Miami

Monthly revenue climbs from $1,886 for studios to $14,913 for 6+ bedroom properties — a nearly 8x difference. The 2-bedroom category at $3,355 per month offers a meaningful step up from 1-bedrooms ($1,938) and may represent a strong entry point for investors seeking better returns without the operational complexity of managing large homes.

Average annual revenue by property size in Miami

Annual revenue ranges from $22,634 for studios to $178,956 for 6+ bedroom properties, with each additional bedroom adding significant earning power. Five-bedroom homes at $102,976 annually stand out as a high-revenue tier that doesn't require the complexity and rarity of 6+ bedroom inventory.

Most common amenities for Airbnb listings in Miami

Parking (94%) and kitchen access (91%) are near-universal in Miami listings, establishing them as baseline guest expectations rather than differentiators. Nearly half of properties offer a pool (48%), and the strong presence of self check-in (77%) and workspace (70%) signals that guests expect both convenience and remote-work readiness — investors lacking these amenities risk falling behind in search rankings.

Understanding Miami's ROI Score: 56/100

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

Miami's ROI score of 56 out of 100 places it in the "Attractive Opportunity" band, reflecting a market where solid demand and revenue generation are balanced against high property values averaging over $930,000. All four calculation factors — Revenue-to-Price Ratio, Occupancy Stability, Market Growth Trend, and Supply/Demand Balance — register as average, suggesting the market performs reliably without extreme strengths or weaknesses in any single dimension. Investors should pair this score with neighborhood-level analysis and a close review of local STR regulations to identify pockets where returns may outperform the market average.

Short-Term Rental Regulations in Miami

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

Permit Requirements

Miami, Florida requires short-term rental operators to register and obtain proper permits before listing a property. Investors should verify current permit requirements directly with the City of Miami and Miami-Dade County, as rules can change and vary by neighborhood or zoning district.

Key Restrictions

Common restrictions in South Florida STR markets include occupancy limits based on property size, minimum-stay requirements in certain residential zones, noise and nuisance ordinances, and parking mandates. HOA and condo association rules may impose additional limitations or outright bans on short-term rentals, so reviewing governing documents before purchasing is essential.

Tax Obligations

Short-term rental hosts in Florida are typically subject to state sales tax, county tourist development tax, and any applicable local surcharges. Many booking platforms collect and remit these taxes automatically, but operators should confirm their full tax obligations with the Florida Department of Revenue and Miami-Dade County to ensure compliance.

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

Future Outlook & Long-Term Forecast

"Over the next 12–18 months, Miami's short-term rental market is expected to maintain steady demand driven by its year-round appeal as a leisure and business destination. Peak-season months like February and March should continue anchoring annual revenue, with ADRs likely holding in the $260–$280 range as supply growth (up 122% year-over-year in active listings) introduces more competition. Occupancy may face modest pressure from the influx of new inventory, potentially settling in the 50–55% band, though operators who invest in premium amenities and dynamic pricing can outperform. Investors should monitor how supply absorption plays out, as the pace of new listings will be a key factor in sustaining per-property revenue levels."

— Rabbu Market Analysis Team

Frequently asked questions about Airbnb in Miami, FL

What is the average Airbnb occupancy rate in Miami?

The average Airbnb occupancy rate in Miami is currently 53%, just slightly below the Florida state average of 54%. Occupancy varies by property size, with 2-bedroom units performing best at 55% and larger properties like 4- and 5-bedroom homes dipping to 47–48%. Seasonality plays a significant role, with higher occupancy during winter and spring months when Miami draws peak tourist traffic.

How much do Airbnb hosts make in Miami?

Miami Airbnb hosts earn an average of $2,778 per month, which translates to approximately $33,344 annually based on trailing 12-month performance. Revenue varies considerably by property size — studios and 1-bedrooms average around $1,886–$1,938 per month, while 5-bedroom properties reach $8,581 and 6+ bedroom homes can generate roughly $14,913 monthly. Individual results depend on factors like location within Miami, property quality, pricing strategy, and guest experience.

Is Miami a good market for Airbnb investment?

Miami earns an ROI score of 56 out of 100 from Rabbu, placing it in the 'Attractive Opportunity' category. The market benefits from strong tourism demand, a warm year-round climate, and premium nightly rates for larger properties. However, average home values of $930,568 and rapid supply growth (122% year-over-year increase in listings) mean investors need to be strategic about property selection, pricing, and amenities to generate compelling returns. Pairing this data with a careful look at local regulations and neighborhood-level dynamics is recommended.

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

The average daily rate for Airbnb listings in Miami is $267, which is notably below the Florida state average of $498. ADR scales significantly with property size: studios average $156 per night, while 6+ bedroom properties command $1,149. Two- and three-bedroom units sit at $281 and $368 respectively, representing a sweet spot for many investors balancing acquisition cost against nightly rate potential.

Are short-term rentals legal in Miami?

Short-term rentals are permitted in Miami, though operators must comply with city, county, and state regulations. This typically includes obtaining proper permits or registration, meeting zoning requirements, and adhering to local occupancy and safety standards. Rules can vary by neighborhood and property type, so investors should consult the City of Miami, Miami-Dade County, and any applicable HOA or condo association before purchasing a property for STR use.

When is peak season for Airbnb in Miami?

Peak season for Miami Airbnbs runs from December through March, with March being the standout month at $5,123 in average revenue — nearly 3.6 times higher than the September low of $1,437. February ($3,817) and January ($3,406) are also strong performers. This winter-spring surge aligns with Miami's role as a warm-weather escape for travelers from colder climates, as well as event-driven demand during that period.

How many Airbnbs are there in Miami?

Miami currently has 6,023 active Airbnb listings as of April 2026. The supply is heavily concentrated in smaller units: 1-bedroom properties make up the largest segment with 2,884 listings, followed by 2-bedrooms at 1,398 and studios at 495. The market has seen significant supply growth, with active listings increasing 122% year-over-year.

How is Airbnb revenue calculated in Miami?

The annual and monthly revenue figures shown for Miami are derived from the trailing 12 months of historical booking performance for active comparable Airbnb listings in the market — they are not forward-looking projections. Rabbu averages each comparable listing's actual revenue per available night (RevPAN) by month over the past year, removes regional outliers, and rolls the remainder into a market-level historical average. This approach anchors the figures to what hosts have actually earned recently while naturally reflecting seasonal peaks (like March at $5,123) and slower months (like September at $1,437), since each month uses its own historical performance data. Individual results can vary based on property quality, pricing strategy, and operational management.

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 Miami and surrounding areas
• Occupancy rates, average daily rates, and RevPAN trends by property size and time period
• Monthly and annual revenue performance based on trailing 12-month booking data
• Property value benchmarks sourced from the Zillow Home Value Index (ZHVI)
• Data aggregated from multiple providers including Rabbu proprietary analytics for consistency

Sources and disclaimers

Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month averages and market conditions as of April 2026; actual performance may differ as conditions evolve. Local regulations, HOA rules, and tax obligations vary and should be independently verified before making investment decisions.