Key West

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Key West, FL Area Guide

Experience the Conch Republic’s unique personality

Coastal Tropical Scenic Eclectic Vibrant Laidback Welcoming

Living in Key West combines island paradise with rich cultural heritage in the southernmost city of the continental United States. Located just 90 nautical miles from Cuba, this island community offers housing options from historic bungalows in Old Town to contemporary condominiums in New Town. The rental market remains competitive, with average rents ranging from $2,529 for one-bedroom units to $3,636 for three-bedroom homes, reflecting a 3-6% year-over-year increase. Notable areas include the historic Old Town district, showcasing classic Conch-style architecture along Duval Street, and the Casa Marina area, home to beachfront properties near the landmark Casa Marina Hotel.

Beyond its clear waters and palm-lined streets, Key West celebrates its distinctive character. The Ernest Hemingway Home and Museum stands as a testament to the island's literary significance. Fort Zachary Taylor Historic State Park provides beaches and snorkeling spots, while the Truman Annex neighborhood surrounds the historic Little White House. The 7-square-mile island features several parks and green spaces, and the Historic Seaport maintains its working waterfront charm. Each evening, Mallory Square hosts its signature sunset celebration, where visitors gather to enjoy street performances against ocean vistas. The island's heritage reflects Bahamian, Cuban, and American influences, creating an atmosphere that defines Key West's relaxed island lifestyle.

Rent Trends

As of March 2026, the average apartment rent in Key West, FL is $2,310 for a studio, $2,602 for one bedroom, $3,123 for two bedrooms, and $3,331 for three bedrooms. Apartment rent in Key West has decreased by -1.5% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,602/month
639 Sq Ft
House
$3,141/month
554 Sq Ft
Condo
$3,608/month
943 Sq Ft
See Rental Market Trends in Key West, FL

Getting Around

Explore how walkable, bikeable, drivable, and transit-friendly Key West, FL is for everyday living.

Very Walkable

76 / 100

If you enjoy walking, you’ll enjoy renting in this area! It’s a very walkable neighborhood.

Some Transit

25 / 100

You'll likely want a car when living in this area since it has few transit options.

Very Bikeable

86 / 100

This area is very bikeable. You’ll find a variety of bike paths and lanes.

Schools

Sigsbee Charter School

Public

Grades K-8

Poinciana Elementary School

Public

Grades PK-5

May Sands Montessori School

Public

Grades PK-8

Horace O'bryant School

Public

Grades PK-8

Sigsbee Charter School

Public

Grades K-8

May Sands Montessori School

Public

Grades PK-8

Horace O'bryant School

Public

Grades PK-8

Monroe Virtual Franchise

Public

Grades K-12

Key West High School

Public

Grades 9-12

Somerset Island Prep

Public

Grades 9-12

Monroe Virtual Franchise

Public

Grades K-12

Points of Interest

Parks and Recreation

  • Audubon House and Tropical Gardens
  • Key West Aquarium
  • Key West Lighthouse Museum
  • Key West Butterfly and Nature Conservatory
  • Florida Keys Eco-Discovery Center

Airports

  • Key West International

Top Apartments in Key West

Houses for Rent in Key West

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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 February 2026.