Last updated on July 3, 2026

Average rent in
Key West, FL

Key takeaways for renters

  • The bottom line

    Key West, FL rent slipped 6.9% year over year, with a current median of $3,350/month. Renters today are paying $66 less per month on average than last year, continuing a downward trend from the peak of $4,100/month two years ago.

  • Key West runs roughly 1.7× the $1,950/month national median, placing it among the pricier coastal metros with a small total rental inventory of 60 units.

  • Rent ranges by bedroom

    Studios in Key West sit around $2,300/month, 1-bedrooms around $2,600/month, and 2-bedrooms around $3,500/month, with 4+ bedrooms reaching $6,395/month. The 3-bedroom median is $4,600/month.

Median rent

Median rent in Key West

$3,350/mo

decreased by7%

vs previous year

The average rent in Key West is $3,350 per month as of June 2026. This is 72% above the national average rent, or $1,400 more per month.

$3.95

average price per square foot

Total rentals

Available rentals in Key West

60

for rent on Zumper.com as of June 2026

Rent price distribution

Share of Key West rentals at each price point

40%30%20%10%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 7% over the last month and have decreased by 7% 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 $3,250, whereas a house costs $3,500. 1-bedroom apartments in Key West run $2,650 on average, while 2-bedroom apartments are $3,250.

Listings

Studio

$2,300

1%

3%

1 bedroom

$2,600

4%

9%

2 bedroom

$3,500

4%

19%

3 bedroom

$4,600

7%

11%

4 bedroom

$6,395

17%

30%

Studio

Average rent

$2,300

Last 30 days

1%

Last year

3%

1 bedroom

Average rent

$2,600

Last 30 days

4%

Last year

9%

2 bedroom

Average rent

$3,500

Last 30 days

4%

Last year

19%

3 bedroom

Average rent

$4,600

Last 30 days

7%

Last year

11%

4 bedroom

Average rent

$6,395

Last 30 days

17%

Last year

30%

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$3,350
increased by72%

higher than the national median

Median rent price$3,800
increased by95%

higher than the national median

Takeaway

The median rent for all rentals in Key West, FL is 12% lower than the median rent in Coral Gables, FL.

Discover rentals in Key West, FL

2102 Staples Ave - Photo 1 of 1

5d+ ago

House for rent in Key West

House for rent

Available Jul 3

3430 Eagle Ave #6 - Photo 1 of 1

5d+ ago

House for rent in Key West

House for rent

1411 Truman Ave #0 - Photo 1 of 1

2d ago

Condo for rent in Key West

CONDOS - Key West, FL

1411 Truman Ave #0, Key West, FL 33040

1 bed

1 bath

$1,650

Condo for rent

3430 Eagle Ave #1 - Photo 1 of 1

5d+ ago

House for rent in Key West

House for rent

Stay up to date with rental market insights

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

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 $3,350 per month as of June 27, 2026.

Is rent up or down in Key West?

Average rent prices in Key West have decreased by 7% over the last month and have decreased by 7% since last year.

How does Key West rent compare to the national average?

Rent in Key West is 72% above the national average, which means renters are paying approximately $1,400 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 $134,000/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