Long-Term vs. Short-Term Rentals: Which Earns More in Florida?
Published: November 2024 | 6 min read
Florida property owners are increasingly discovering that short-term rentals can generate significantly more income than traditional long-term leases. Here's a detailed comparison...
Income Comparison
Based on our data from properties in South Florida:
- Long-term rental: Average $1,800-$2,200/month for a 2BR condo
- Short-term rental: Average $3,500-$5,000/month for the same property
- Income increase: 60-133% more with short-term rentals
Key Considerations
- STRs require more active management (or a good property manager)
- Income varies seasonally but higher overall
- Property stays in better condition with regular cleaning
- Flexibility to use your property when you want
Pro Tip
With professional management like BST, you can earn STR income while doing zero work. We handle everything from listing to cleaning to guest communication.