Okeechobee, Florida Short-Term Rental Market
The Okeechobee, FL area STR market averaged $181/night at 46.5% occupancy in June 2026.
Quick Answer: Okeechobee, Florida is an active short-term rental market. average occupancy is 47%. average monthly revenue is $2,333. average daily rate is $181. the top operator is Evolve with 91 listings. market score is 57/100 (grade C).
Market data reflects the Florida South Central Area regional market, which includes Okeechobee. Regulations, taxes, and permit details below are specific to Okeechobee.
Market Score Breakdown
Five dimensions Apivex evaluates per market.
Market Overview
The Okeechobee, Florida area STR market includes about 1,553 tracked listings as of the June 2026 data pull, dominated by entire-place listings at 1,469 (95%), with 84 private-room listings rounding out the mix. By bedroom count, three-bedroom units are the largest segment at 490 listings, followed by two-bedroom at 471, one-bedroom at 386, four-bedroom at 147, and five-bedroom at 57.
The market posted a $181 average daily rate and 46.5% occupancy in June 2026. Occupancy is down 2.7% year over year and revenue is down 1.4% year over year to $2,333 per month, even as ADR is up 1.8% year over year. Multiplying June’s ADR by occupancy gives an implied RevPAR near $84 per night.
Distribution across booking channels shows 731 listings on Airbnb only, 153 on Vrbo only, and 669 listed on both platforms. StaySTRA’s composite market score for Okeechobee is 56.72, with a strong seasonality score of 79.34 and investability score of 87.95, though revenue-growth (47.05) is the more modest sub-score, consistent with the softening year-over-year revenue figure above.
Multi-year data shows occupancy climbed from 51.57% in 2019 to a pandemic-era high of 61.18% in 2021, before settling near 52-53% from 2023 through 2025, while ADR climbed steadily from $104 in 2017 to $172 by 2025, keeping monthly revenue around $2,350 to $2,520 in recent full years.
Seasonal Patterns
| Month | Occupancy | ADR | Revenue |
|---|---|---|---|
| Jan | 67% | $138 | $2,493 |
| Feb | 79% | $149 | $2,876 |
| Mar | 65% | $174 | $2,979 |
| Apr | 44% | $143 | $2,011 |
| May | 46% | $139 | $1,773 |
| Jun | 51% | $150 | $2,023 |
| Jul | 54% | $147 | $2,203 |
| Aug | 45% | $131 | $1,689 |
| Sep | 46% | $131 | $1,548 |
| Oct | 51% | $125 | $1,690 |
| Nov | 52% | $144 | $1,891 |
| Dec | 55% | $147 | $2,144 |
Top Short-Term Rental Operators in Okeechobee
Ranked by total active listings. Useful for understanding the competitive landscape.
| # | Operator | Listings | Reviews | Rating |
|---|---|---|---|---|
| 1 | Evolve | 91 | 2,370 | ★ 4.72 |
| 2 | Vacasa | 20 | 497 | ★ 4.60 |
| 3 | Jeeves Florida Rentals | 13 | 36 | ★ 4.55 |
| 4 | RedAwning | 5 | 104 | ★ 4.86 |
| 5 | Midtown Stays | 3 | 21 | ★ 4.67 |
What Kind of STR Should I Buy in Okeechobee?
Revenue and pricing by property type, tier, and bedroom count.
Revenue by Bedroom Count
| 1 bed | 386 |
| 2 bed | 471 |
| 3 bed | 490 |
| 4 bed | 147 |
| 5 bed | 57 |
ADR by Property Tier
| Entire Home | $185 |
| Luxury | $319 |
| Professionally Managed | $236 |
Revenue by Dwelling Type
| Apartment | $1,682 |
| Entire Place | $2,399 |
| House | $2,439 |
Booking Channel Mix
Distribution of bookings across major STR platforms.
| Channel | Share |
|---|---|
| airbnb | 47.1% |
| vrbo | 9.9% |
| both | 43.1% |
Investment Analysis
Okeechobee’s typical home value was $290,056 as of June 2026 (Zillow), with a median list price of $318,215 and 220 homes for sale. Median sale price and sale-to-list ratio were not available in this data pull, though a median of 60 days to pending was recorded.
Pairing that entry cost with the market-wide average monthly STR revenue of $2,333 implies a gross revenue yield near 9.7% annually, before expenses, taxes, or the brand-new regulatory framework described below.
Pricing tiers show a wide spread. The all-listings average daily rate is $181, entire-home listings average $185, professionally managed listings average $236, and luxury-tier listings average $319, about 77% above the market-wide ADR. House-specific revenue averages $2,439 per month, close to entire-place listings overall at $2,399, both well above the $1,682 apartment average.
The most important thing for any buyer to know: Okeechobee County adopted its first-ever local STR ordinance in May 2026, just before this data snapshot, introducing mandatory annual registration and inspection, a 24/7 owner or agent contact requirement, and size-based occupancy limits, with certificate revocation as the enforcement mechanism. This is a very recent, still-settling regulatory regime; buyers should confirm current registration status and inspection requirements directly with the county before purchasing.
Revenue Trend (5 yr)
ADR & Occupancy Trends (5 yr)
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Booking Insights
Guests in the Okeechobee area book an average of 36 days ahead of arrival, one of the shorter lead times StaySTRA tracks, and stay a notably long median of 5.4 nights, consistent with multi-day bass-fishing trips, hunting trips, and RV or snowbird-style visits rather than quick weekend getaways.
That shorter lead time means hosts have less runway to adjust pricing well in advance, so staying responsive to demand as bookings come in matters more here than in longer-lead-time markets. Hosts should plan around the dry-season demand window (roughly November through April), with particular attention to February’s occupancy peak and March’s rate and revenue peak tied to the Okeechobee Music & Arts Festival. The 5.4-night average stay is among the longer stays StaySTRA tracks, reflecting a visitor base built around extended outdoor-recreation trips rather than short city breaks.
Short-Term Rental Regulations
Short-term rentals under 30 days are legal in and around Okeechobee. Florida state law (FS 509.032) prevents local governments from banning STRs or dictating how often or how long a property can be rented, so there is no outright prohibition.
In May 2026, the Okeechobee County Board of County Commissioners unanimously adopted its first-ever local short-term rental ordinance. Owners renting properties for fewer than 30 days must now register their property annually and pass an inspection. The county may set a maximum occupancy limit based on unit size. Every rental must have functioning smoke detectors and carbon monoxide alarms, and the owner or a designated responsible party must be reachable by phone day or night. Violations can result in revocation of the certificate of registration.
Separately, operators must hold a Florida DBPR vacation rental license, register with the Florida Department of Revenue, and collect and remit the 6% state sales tax plus the county’s 3% Tourist Development (bed) tax on stays of six months or less, a combined roughly 9% before any additional local sales tax layers. The bed tax is state-administered, reported and remitted to the Florida Department of Revenue rather than directly to the county.
There is no owner-occupancy or primary-residence requirement and no annual night cap. Enforcement is rated moderate: registration, inspection, and safety compliance are now mandatory, but the framework is registration-based rather than restrictive. Because this ordinance is brand new, buyers should confirm current registration and inspection requirements directly with the county before purchasing.
Market Comparison
The Okeechobee area’s 46.5% June 2026 occupancy runs below the roughly 55% median occupancy across StaySTRA-tracked US STR markets, while its $181 average daily rate also sits below the roughly $220 national median ADR. This is a smaller, more specialized market than most StaySTRA tracks, built around bass fishing, hunting, and a single major music festival rather than broad-based tourism.
The market’s top operator by listing count is Evolve, with 91 listings and 2,370 guest reviews at a 4.720 average rating, well ahead of the rest of the field. Vacasa ranks second with 20 listings (4.604 rating), followed by Jeeves Florida Rentals (13 listings, 4.550 rating), RedAwning (5 listings, 4.860 rating, the highest rating among the top 5), and Midtown Stays (3 listings, 4.667 rating). Combined, the top 5 operators hold about 132 of the market’s roughly 1,553 listings, or about 8%, indicating individual hosts still control most inventory.
Frequently Asked Questions About Okeechobee, Florida
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What is the best month for STR revenue in Okeechobee, FL?
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