Key West

The beach at Zachary Taylor Historic State Park is a great place to cool off.
Boating in Key West
Key West Farmer's Market
View of Key West Marine Park

Key West, FL Area Guide

Avg Rent

$2,611

Population

21,249

Renter Mix

57% Rent

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.

Explore the City

Key West Farmer's Market

View of Key West Marine Park

Demographics

Median Household Income

$73,732

Average: $104,750

Education

9,823

Residents Have a Degree

Job Market

11,835

Workers Employed

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

Median Age

45 Years

Largest Age Group

35-44 Years

Approximately 15% of Residents

Under 20

19%

Over 65

21%

Housing Distribution

Key West has more renters than homeowners.

Renters
57%
Non-Renters
43%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
32%
Other Education
68%

Rent Trends

As of April 2026, the average apartment rent in Key West, FL is $2,318 for a studio, $2,612 for one bedroom, $3,082 for two bedrooms, and $3,394 for three bedrooms. Apartment rent in Key West has decreased by -0.3% in the past year.

Property Type
Average Rent
Average Sq Ft
Apartment
$2,612/month
639 Sq Ft
House
$3,626/month
524 Sq Ft
Condo
$3,736/month
827 Sq Ft
See Rental Market Trends in Key West, FL

Getting Around

Fairly Walkable

Walkability

50 / 100

Limited Public Transit

Transit

30 / 100

Exceptionally Drivable

Drivability

100 / 100

Moderately Bikeable

Bikeability

60 / 100

Schools

Sigsbee Charter School

Public

Grades K-8

531 Students

Poinciana Elementary School

Public

Grades PK-5

570 Students

May Sands Montessori School

Public

Grades PK-8

94 Students

Gerald Adams Elementary School

Public

Grades PK-5

669 Students

Horace O'bryant School

Public

Grades PK-8

1,014 Students

Sigsbee Charter School

Public

Grades K-8

531 Students

May Sands Montessori School

Public

Grades PK-8

94 Students

Horace O'bryant School

Public

Grades PK-8

1,014 Students

Monroe Virtual Franchise

Public

Grades K-12

30 Students

Monroe Virtual Instruction Program

Public

Grades K-12

7 Students

Key West High School

Public

Grades 9-12

1,352 Students

Somerset Island Prep

Public

Grades 9-12

82 Students

Monroe Virtual Franchise

Public

Grades K-12

30 Students

Monroe Virtual Instruction Program

Public

Grades K-12

7 Students

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

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 February 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.