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

Rental Market Trends in Key West, FL

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

$3,249

HOUSES

$5,800

TOWNHOUSES

$4,200
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 typeAverage 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.

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.
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