Cheap Apartments for Rent in Key West, FL
118 rentals
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Average Rent Trends in Key West, FL
Rent in Key West, FL varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Oct 2026 compared to the previous month. Rent previously peaked in Jan 2025.
| Month | Average rent |
|---|---|
| Nov 2025 | $5,495 |
| Dec 2025 | $5,600 |
| Jan 2026 | $4,500 |
| Feb 2026 | $6,000 |
| Mar 2026 | $5,000 |
| Apr 2026 | $4,800 |
| May 2026 | $4,500 |
| Jun 2026 | $4,000 |
| Jul 2026 | $4,000 |
| Aug 2026 | $3,900 |
| Sep 2026 | $4,500 |
| Oct 2026 | $4,900 |
Average Rent By Bedroom and Home Type
In October 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,800 | $4,500 | $6,500 | $10,000 | $5,000 |
| Townhomes | — | $4,200 | $4,500 | — | $4,200 |
| Apartments and Condos | $2,800 | $4,200 | $7,000 | $10,000 | $4,000 |
| Houses | $3,900 | $6,000 | $5,800 | $11,500 | $6,500 |
Frequently Asked Questions about Rentals in Key West, FL
- What is the average rent of an apartment in Key West, FL?The average rent of an apartment in Key West, FL is $3,284 per month. This is about 69% higher than the national average.
- What are the cheapest months to find an apartment to rent in Key West, FL?Last year, the cheapest month to find an apartment to rent was May 2025 when it was $4,200 per month.
- How many cheap apartments are available in Key West, FL?There are 74 apartments to rent that are cheaper than the city’s average rent of $5,000.
- When is the average rent most expensive in Key West, FL?In the last year, the average rent in Key West, FL was highest in Jan 2025 when it was $5,900 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in Key West, FL?The average rent of a 1 bedroom apartment in Key West, FL is $2,800 per month. That is about $300 more than the cost of a studio apartment.
- What are some neighborhoods in Key West, FL?Some neighborhoods in Key West, FL include: New Town, Old Town, Midtown, White Street Gallery District, Bahama Village.
- What are some zip codes in Key West, FL?
- What are some cities near Key West, FL?Some nearby cities include: Stock Island, Big Coppitt Key, Summerland Key, Ramrod Key, Big Pine Key. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en Key West, FL - 119 Rentas | Trulia