What's the average rent in Key West, FL?
Rental Market Trends in Key West, FL
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of November 2026, the average rent in Key West, FL is $5,000 per month, which is 159% higher than the national average rent of $1,932 per month.
AVERAGE RENT
$5,000
0.0%No change month over month
-4.8%-$250 decrease year-over-year
AVAILABLE RENTALS
130
APARTMENTS
HOUSES
TOWNHOUSES
As of November 2026, apartments are the most affordable rental option in Key West, FL at $3,266 per month, while houses are the most expensive at $6,500 per month. Townhomes average $4,200 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,800 |
| 2 Bedrooms | $4,600 |
| 3 Bedrooms | $6,617 |
| 4 Bedrooms | $11,500 |
| All | $5,000 |
As of November 2026, the average rent for a 1 bedroom rental in Key West, FL is $2,800 per month, followed by $4,600 for a 2 bedroom rental, $6,617 for a 3 bedroom rental, and $11,500 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $4,200 |
| 3 Bedrooms | $6,500 |
| 4 Bedrooms | — |
| All | $4,200 |
As of November 2026, the average rent for a 2 bedroom townhome in Key West, FL is $4,200 per month, followed by $6,500 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,900 |
| 2 Bedrooms | $3,900 |
| 3 Bedrooms | $6,325 |
| 4 Bedrooms | $10,000 |
| All | $3,800 |
As of November 2026, the average rent for a 1 bedroom apartment in Key West, FL is $2,900 per month, followed by $3,900 for a 2 bedroom apartment, $6,325 for a 3 bedroom apartment, and $10,000 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,800 |
| 2 Bedrooms | $5,800 |
| 3 Bedrooms | $7,000 |
| 4 Bedrooms | $11,500 |
| All | $6,500 |
As of November 2026, the average rent for a 1 bedroom house in Key West, FL is $2,800 per month, followed by $5,800 for a 2 bedroom house, $7,000 for a 3 bedroom house, and $11,500 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -9% compared to the previous year, which is a $495 decrease.
This year (2026)
Last year (2025)
Rent distribution
33% of rentals have rent of $5,000 and above/month
Rental price range
The price range for rentals is $1,500 to $50,000.