Find gorgeous Spanish-revival style homes in Key Largo.
Have a fun beach day at John Pennekamp Coral Reef State Park when you live in Key Largo.
The Buzzard's Roost in Key Largo, FL has friendly service and delicious food.
Dine on seafood while enjoying a gorgeous waterfront view at The Buzzard's Roost.
Modern apartment communities are available at in Key Largo, Florida.

Key Largo, FL Area Guide

Avg Rent

$2,397

Population

12,658

Renter Mix

32% Rent

Get on island time in the Dive Capital of the World

Coastal Picturesque Active

Key Largo is the northernmost and largest island in the Florida Keys, stretching roughly 30 miles along US-1 (the Overseas Highway) and sitting about 18 miles from the Florida mainland. Nicknamed the 'Dive Capital of the World,' this island is less a conventional town and more a living marine corridor, where charter fishing boats, snorkeling tours, and glass-bottom vessels are part of the daily rhythm. Popular pockets of activity line the Overseas Highway and spill into the surrounding waterways, while Tavernier to the southwest and North Key Largo to the northeast round out the island experience.

The rental market here leans toward single-family homes, canal-front rentals, and beachfront apartment communities. Large high-rises are rare, and the architecture tends toward low-slung, tropical-influenced structures built for coastal living rather than density.

Florida International University operates the Aquarius Reef Base here, an underwater ocean laboratory that makes Key Largo one of the few places on earth where active marine science happens in your backyard. The island is home to John Pennekamp Coral Reef State Park, the first undersea state park in the United States, and a cornerstone of what draws people to this stretch of ocean-ringed land.

Explore the City

The Buzzard's Roost in Key Largo, FL has friendly service and delicious food.

Dine on seafood while enjoying a gorgeous waterfront view at The Buzzard's Roost.

Modern apartment communities are available at in Key Largo, Florida.

Enjoy friendly company at Blackwater Siren in Key Largo, FL.

Key Largo is made up of many neighborhoods and communities.

Paddle board your way through John Pennekamp Coral Reef State Park.

Demographics

Median Household Income

$67,797

Average: $97,032

Education

4,642

Residents Have a Degree

Job Market

5,807

Workers Employed

Age Distribution
Get a sense of this area's population profile.

Median Age

51 Years

Largest Age Group

55-64 Years

Approximately 17% of Residents

Under 20

18%

Over 65

28%

Housing Distribution

Key Largo has more homeowners than renters.

Renters
32%
Non-Renters
68%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
27%
Other Education
73%

Rent Trends

As of September 2026, the average apartment rent in Key Largo, FL is $2,397 for one bedroom, $2,486 for two bedrooms, and $2,755 for three bedrooms. Apartment rent in Key Largo has increased by 7.8% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,397/month
898 Sq Ft
House
$5,987/month
1,472 Sq Ft
See Rental Market Trends in Key Largo, FL

Learn More About Key Largo

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Ocean Studies Charter

Public

Grades K-8

180 Students

Key Largo School

Public

Grades PK-8

662 Students

Ocean Studies Charter

Public

Grades K-8

180 Students

Key Largo School

Public

Grades PK-8

662 Students

Points of Interest

Parks and Recreation

  • John Pennekamp Coral Reef State Park
  • Crocodile Lake National Wildlife Refuge

Top Apartments in Key Largo

Houses for Rent in Key Largo

Living in Key Largo

History

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Long before the tourism economy arrived, Henry Flagler's Overseas Railroad passed through Key Largo, stitching the island into a rail corridor that once linked Miami to Key West. That line is long gone, but the island's role as a gateway to the Keys chain has never faded.

Cultural history took a different turn in 1948, when the Humphrey Bogart and Lauren Bacall film 'Key Largo' put the island's name on screens worldwide. The Caribbean Club bar, featured in that film, still stands and operates today as one of the most storied watering holes in South Florida. John Pennekamp Coral Reef State Park, established as the first undersea park in the United States, contains the Christ of the Abyss (a bronze underwater statue and a replica of the Italian original) drawing divers from around the world.

Restaurants

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Waterfront dining defines eating out in Key Largo. Most spots sit on the beach, along inlets, or offer dockside seating right on the water, and seafood anchors almost every menu, with Caribbean-influenced preparations showing up across the island.

The Fish House, a seafood-focused restaurant with roughly 40 years of operation, has become a local staple. Key Largo Fisheries doubles as both a working seafood market and a casual cafe with a bar, while Jimmy Johnson's Big Chill draws crowds with its dockside setting and full bar. The Caribbean Club, made famous by the 1948 Bogart film, remains a beachfront bar and late-night destination with deep roots in island culture.

Transportation

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Cars a a must-have in Key Largo. US Highway 1, the Overseas Highway, is the sole road connecting Key Largo to the mainland and to the rest of the Keys; one way in and one way out. Holiday weekends routinely produce heavy congestion along the 18-mile stretch between the island and the mainland.

Miami-Dade Express Bus service runs between Key Largo and the mainland, providing a transit option for those commuting toward Miami. Bicycles are a practical and widely used way to cover shorter distances around the island. Miami International Airport is roughly 65 miles north, making it the closest major airport for travelers.

Parks

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John Pennekamp Coral Reef State Park anchors outdoor life on the island, offering snorkeling, scuba diving, glass-bottom boat tours, boat ramps, beaches, and campgrounds. The park holds the Christ of the Abyss statue, a bronze figure resting on the ocean floor, and is recognized as the first undersea park in the United States.

Dagny Johnson Key Largo Hammock Botanical State Park adds a land-based counterpart, with trails winding through one of the largest remaining tracts of West Indian tropical hardwood hammock in North America. Crocodile Lake National Wildlife Refuge, about 12 minutes away, provides protected habitat for the endangered American crocodile. Together, these three spaces cover a remarkable range of ecosystems within a short drive of most residential areas.

Cost

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One-bedroom apartments in Key Largo average around $2,431 per month and two-bedroom units around $2,294 per month, both well above the statewide one-bedroom average of approximately $1,695. Three-bedroom rentals run around $2,763 per month on average. The island's geography, coastal demand, and limited rental inventory all influence the pricing.

Shopping

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Most day-to-day retail runs along the Overseas Highway, where shopping centers, small businesses, and service providers cluster in a linear strip that mirrors the island's geography. Tradewinds Shopping Center, under a mile from the heart of Key Largo, anchors everyday grocery needs with a Publix supermarket. Port Largo Plaza, about three miles along the highway, adds additional retail options.

Key Largo Fisheries operates as a retail seafood market as well as a dining spot, making it a practical stop for fresh catch. For larger purchases or chain retail not found on the island, the mainland Homestead area is accessible via US-1, though the drive takes the better part of an hour on a typical day.

Highlights

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Few places in the country pack this much into 30 miles. Key Largo pairs the nation's first undersea state park with an active underwater ocean laboratory and some of the most accessible coral reef diving anywhere. Add the Caribbean Club, a film-era landmark still pouring drinks on the beach, the tropical hammock trails of Dagny Johnson park, and a waterfront dining scene built around fresh local catch, and it's clear why this island stands out as a place to actually live.

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Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.