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 September 2026, the average rent in Key West, FL is $4,633 per month, which is 138% higher than the national average rent of $1,948 per month.
AVERAGE RENT
$4,633
16.0%$638 increase month-over-month
-8.8%-$449 decrease year-over-year
AVAILABLE RENTALS
142
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, apartments are the most affordable rental option in Key West, FL at $3,249 per month, while houses are the most expensive at $5,800 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 | $2,900 |
| 2 Bedrooms | $4,200 |
| 3 Bedrooms | $6,500 |
| 4 Bedrooms | $10,000 |
| All | $4,633 |
As of September 2026, the average rent for a 1 bedroom rental in Key West, FL is $2,900 per month, followed by $4,200 for a 2 bedroom rental, $6,500 for a 3 bedroom rental, and $10,000 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $4,200 |
| 3 Bedrooms | $4,500 |
| 4 Bedrooms | — |
| All | $4,200 |
As of September 2026, the average rent for a 2 bedroom townhome in Key West, FL is $4,200 per month, followed by $4,500 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $2,900 |
| 2 Bedrooms | $3,800 |
| 3 Bedrooms | $14,000 |
| 4 Bedrooms | $10,000 |
| All | $3,800 |
As of September 2026, the average rent for a 1 bedroom apartment in Key West, FL is $2,900 per month, followed by $3,800 for a 2 bedroom apartment, $14,000 for a 3 bedroom apartment, and $10,000 for a 4 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $3,322 |
| 2 Bedrooms | $5,500 |
| 3 Bedrooms | $5,800 |
| 4 Bedrooms | $11,500 |
| All | $5,800 |
As of September 2026, the average rent for a 1 bedroom house in Key West, FL is $3,322 per month, followed by $5,500 for a 2 bedroom house, $5,800 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 -5% compared to the previous year, which is a $250 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.