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

Rental Market Trends in Key West, FL

SOURCE: TRULIA DATA

Rental market highlights

As of June 2026, the average rent in Key West, FL is $3,900 per month, which is 100% higher than the national average rent of $1,951 per month.

AVERAGE RENT

$3,900
-2.5%
-$100 decrease month-over-month
-13.3%
-$600 decrease year-over-year

AVAILABLE RENTALS

156

APARTMENTS

$3,050

HOUSES

$6,000

TOWNHOUSES

$4,200
As of June 2026, apartments are the most affordable rental option in Key West, FL at $3,050 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$2,800
2 Bedrooms$4,000
3 Bedrooms$4,900
4 Bedrooms$11,667
All$3,900
As of June 2026, the average rent for a 1 bedroom rental in Key West, FL is $2,800 per month, followed by $4,000 for a 2 bedroom rental, $4,900 for a 3 bedroom rental, and $11,667 for a 4 bedroom rental.

Average rent trends and rent ranges

Average rent price over time

In the past year, rent has decreased by -11% compared to the previous year, which is a $500 decrease.
This year (2026)
Last year (2025)

Rent distribution

30% of rentals have rent of $3,800-$4,999/month

Rental price range

The price range for rentals is $1,300 to $21,000.
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