Discover West Palm Beach Short-Term Rentals Near SunFest
West Palm Beach short-term rentals offer prime access to cultural hotspots like the Norton Museum of Art and the annual SunFest music festival. With strong tourism and endless coastline, vacation rentals in West Palm Beach remain a top investment choice for STR operators and first-timers.
Quick Takeaways
- 2,300+ active West Palm Beach STR listings as of April 2025
- Average Daily Rate (ADR): $247
- 68% occupancy driven by festivals & snowbird demand
- YOY revenue up 6% as STR supply grows
- Cancellation rates lower than Florida average
- Tip: Optimize for walkability and flexible stays
Market Momentum: Rising Demand Favors STR Investing
Tourism drives high occupancy for short-term rentals in West Palm Beach, especially during peak events. Well-furnished homes near Clematis Street tend to outperform due to walkability and nightlife. With 68% occupancy on average, strong ADR, and rising demand, STR investing in West Palm Beach has sustained double-digit growth since 2022.
Property Performance: Key Metrics Snapshot
ADR for West Palm Beach short-term rentals hovers around $247, higher in waterfront and downtown zones. Year-over-year, revenue growth for top-tier vacation rentals has outpaced Florida averages. New supply entering the market keeps competition healthy and pushes owners to improve amenities.
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Regulations and Guest Trends
West Palm Beach enforces responsive short-term rental regulations, emphasizing guest quality and neighborhood fit. Cancellation rates remain below the state median, partly due to proactive owner communication and consistent booking standards on platforms like Airbnb.
Neighborhoods and Proximity to Attractions
Lake Worth Beach offers a mix of historic homes and new remodels, attracting families and festival-goers for affordable, walkable stays. Vacation rentals in this area are often steps from events like the Lake Worth Street Painting Festival and The Square, Palm Beach’s outdoor shopping and dining hub. Quick access to art and entertainment makes STRs near Norton Museum of Art especially popular.
Expert Tips: Standing Out in 2025
Offer flexible check-in and pet-friendly amenities to attract diverse guest segments. Leverage direct booking sites and highlight proximity to cultural attractions in your listings. Keep local partnerships—such as discounts to local institutions—in mind to boost 5-star reviews. STR investing in West Palm Beach benefits from a brand that embraces both luxury and convenience.
Ready to unlock STR opportunities? Reach out today and discover what West Palm Beach short-term rentals can do for your portfolio!