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Key Largo, FL

Area Guide

Avg Rent

$2,862

Population

12,658

Renter Mix

32% Rent

Get on island time in the Dive Capital of the World

Coastal Picturesque Active

Perched just offshore from Florida’s mainland, Key Largo is typically the first island travelers encounter while driving through the Florida Keys. The city of Key Largo occupies the central portion of its namesake island, exuding a tropical atmosphere amidst the many suburban amenities that line U.S. 1, which serves as the commercial backbone of the community.

Nowhere in town is more than a couple of blocks from the water, so locals enjoy prime access to the island’s beaches, as well as endless opportunities for boating and fishing. Key Largo is the self-designated Dive Capital of the World, containing the world’s second-largest artificial reef, the 510-foot USS Spiegel Grove, and John Pennekamp Coral Reef State Park. The community is also just minutes away from Everglades National Park.

Key Largo’s rental offerings are incredibly diverse, ranging from swanky waterfront condos to cozy beach cottages to budget-friendly apartments. With Miami less than 90 minutes away, residents can easily take a day trip or weekend getaway to one of Florida’s most distinctive cities at any time.

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 June 2026, the average apartment rent in Key Largo, FL is $2,862 for one bedroom, $2,524 for two bedrooms, and $2,763 for three bedrooms. Apartment rent in Key Largo has increased by 19.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,862/month
898 Sq Ft
House
$6,285/month
1,688 Sq Ft
See Rental Market Trends in Key Largo, FL

Getting Around

Somewhat Walkable

Walkability

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Fairly Bikeable

Bikeability

50 / 100

Schools

Key Largo School

Public

Grades PK-8

662 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

Search Nearby Rentals

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 June 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.