What's the average rent in Key West, FL?

Rental Market Trends in Key West, FL

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SOURCE: TRULIA DATA

Rental market highlights

As of May 2026, the average rent in Key West, FL is $4,500 per month, which is 136% higher than the national average rent of $1,910 per month.

AVERAGE RENT

$4,500
-4.3%
-$200 decrease month-over-month
7.1%
$300 increase year-over-year

AVAILABLE RENTALS

162

APARTMENTS

$3,217

HOUSES

$6,000

TOWNHOUSES

$4,200
As of May 2026, apartments are the most affordable rental option in Key West, FL at $3,217 per month, while houses are the most expensive at $6,000 per month. Townhomes average $4,200 per month, offering a mid-range alternative for renters.

Average rent by number of bedrooms

Floor plan typeAverage rent
1 Bedroom$3,000
2 Bedrooms$4,500
3 Bedrooms$5,800
4 Bedrooms$11,500
All$4,400
As of May 2026, the average rent for a 1 bedroom rental in Key West, FL is $3,000 per month, followed by $4,500 for a 2 bedroom rental, $5,800 for a 3 bedroom rental, and $11,500 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has increased by +7% compared to the previous year, which is a +$300 increase.
This year (2026)
Last year (2025)

Rent distribution

31% of rentals have rent of $3,800-$4,999/month

Rental price range

The price range for rentals is $1,500 to $28,000.
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