Last updated on May 19, 2026

Average rent in
Key West, FL

Key takeaways for renters

  • Where Key West rent stands today

    Key West, FL rent is essentially flat year over year, with a current median of $3,500/month. Month over month, rent cooled 2.8%, reflecting a recent easing in rental costs.

  • Key West runs roughly 1.8× the $1,949/month national median. The market is small with 52 total rentals available, indicating a limited inventory for renters.

  • Price ranges

    Studios in Key West rent for $2,300/month, 1-bedrooms for $2,750/month, and 2-bedrooms for $4,112/month, with 4+ bedrooms reaching $7,820/month. Houses command a median of $3,950/month, while apartments sit at $2,850/month, reflecting distinct price tiers.

Median rent

Median rent in Key West

$3,500/mo

Flat

vs previous year

The average rent in Key West is $3,500 per month as of May 2026. This is 80% above the national average rent, or $1,551 more per month.

$3.92

average price per square foot

Total rentals

Available rentals in Key West

52

for rent on Zumper.com as of May 2026

Rent price distribution

Share of Key West rentals at each price point

45%34%23%11%0%
$0 - $1,500
$1,501 - $3,000
$3,001 - $4,500
$4,501 - $6,000
$6,001 - $50,000

Rent trends in Key West, FL

Average rent prices in Key West have decreased by 3% over the last month and have remained the same since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Key West, FL

Rent prices in Key West vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Key West is $2,850, whereas a house costs $3,950. 1-bedroom apartments in Key West run $2,700 on average, while 2-bedroom apartments are $3,300.

Listings

Studio

$2,300

No Change

2%

1 bedroom

$2,750

2%

3%

2 bedroom

$4,112

4%

24%

3 bedroom

$4,500

1%

28%

4 bedroom

$7,820

26%

60%

Studio

Average rent

$2,300

Last year

2%

1 bedroom

Average rent

$2,750

Last 30 days

2%

Last year

3%

2 bedroom

Average rent

$4,112

Last 30 days

4%

Last year

24%

3 bedroom

Average rent

$4,500

Last 30 days

1%

Last year

28%

4 bedroom

Average rent

$7,820

Last 30 days

26%

Last year

60%

The table above reflects average rent prices in Key West, FL, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Key West, FL compare to other cities?

Compare median rent prices in Key West and Coral Gables by all bedroom counts and property types.

Key West

Median rent price$3,500
increased by80%

higher than the national median

Median rent price$3,621
increased by86%

higher than the national median

Takeaway

The median rent for all rentals in Key West, FL is 3% lower than the median rent in Coral Gables, FL.

Discover rentals in Key West, FL

3430 Eagle Ave #6 - Photo 1 of 1

5d+ ago

House for rent in Key West

House for rent

3430 Eagle Ave #1 - Photo 1 of 1

5d+ ago

House for rent in Key West

House for rent

6440 2nd Street #8 - Photo 1 of 1

5d+ ago

Apartment for rent in Key West

6440 2nd Street, Key West, FL

6440 2nd Street #8, Key West, FL 33040

2 beds

1 bath

$2,700

Apartment for rent

Available Apr 19

3312 Northside Dr ##307 - Photo 1 of 1

16h ago

Condo for rent in Key West

Condo for rent

Stay up to date with rental market insights

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Frequently asked questions for Key West, FL

Quick answers to common questions about the Key West rental market.

How much is rent in Key West?

The average rent in Key West is $3,500 per month as of May 16, 2026.

Is rent up or down in Key West?

Average rent prices in Key West have decreased by 3% over the last month and have remained the same since last year.

How does Key West rent compare to the national average?

Rent in Key West is 80% above the national average, which means renters are paying approximately $1,551 more per month.

What salary do I need to afford rent in Key West?

To comfortably afford rent in Key West, you'd need to earn approximately $140,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Key West?

Key West's 2025 rental market shows one-bedroom apartments averaging around $2,700 per month, while two-bedroom units rent for around $3,600 monthly. These figures reflect the current pricing in Florida's southernmost city, where two-bedroom apartments make up the largest share of available inventory at 43% of the market.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

Apartments for rent in Key West