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

Rental Market Trends in Key West, FL

SOURCE: TRULIA DATA

Rental market highlights

As of August 2026, the average rent in Key West, FL is $4,000 per month, which is 104% higher than the national average rent of $1,965 per month.

AVERAGE RENT

$4,000
2.6%
$100 increase month-over-month
-4.8%
-$200 decrease year-over-year

AVAILABLE RENTALS

126

APARTMENTS

$3,194

HOUSES

$5,495

TOWNHOUSES

$3,667
As of August 2026, apartments are the most affordable rental option in Key West, FL at $3,194 per month, while houses are the most expensive at $5,495 per month. Townhomes average $3,667 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$4,000
3 Bedrooms$5,500
4 Bedrooms$11,500
All$4,000
As of August 2026, the average rent for a 1 bedroom rental in Key West, FL is $2,900 per month, followed by $4,000 for a 2 bedroom rental, $5,500 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 decreased by -7% compared to the previous year, which is a $300 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 $1,400 to $21,000.
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