A large part of small-sized UAVs that are used for surface scanning, video- and photography, or other similar applications are of the multirotor type. These small aircraft perform mainly in hovering or nearly hovering flight mode, and the endurance of these vehicles depends greatly on the efficiency of their motors and the aerodynamic efficiency of their thrust-generating systems, including propellers, ducted fans, etc. Propellers may therefore work in different regimes: in a regime where the propeller performs work to move the vehicle through the air, and the static or hovering regime, in which standing air is accelerated. In both cases, the concept of efficiency can be used to describe the propeller’s performance. There have been several previous studies on static and advancing propellers’ performances. In these studies, when determining the efficiency of a static propeller, the thrust and power coefficients are most commonly compared to evaluate the propeller’s performance. Sometimes, the inducted velocities are calculated via the momentum theory. As small-scale propellers work on very low Reynolds (Re) numbers below 500,000, the flow type transition and boundary layer separation make it very hard to predict the actual efficiency of the propellers in static mode. Therefore, the aim of this paper is to introduce a method to determine the static efficiency of small-scale propellers directly and empirically via a comparison between the output and input power, wherein the output power is determined via the measured thrust and mean induced velocity. The used method combines thrust, torque, and angular velocity measurements with slipstream monitoring. The performed tests showed a decrease in efficiency, with the Re number rising in spite of the rising values of the thrust coefficient. This study led to two main conclusions: thrust and power coefficients are not always the key parameters to determine the efficiency of a propeller; the role of the Re number in the propeller’s efficiency is not yet clear and requires further investigation. The presence of Re number effects has been proven in numerous works, but the impact of those effects seems to not be as trivial as the claim that the lower the Re number, the weaker the propeller’s performance.