Cheap Apartments for Rent in Key Largo, FL from $700 (60 Rentals)

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Search the lowest-cost Apartments available for rent right now in Key Largo.

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Tradewinds Hammocks
1 to 3 Bedroom Apartments

Tradewinds Hammocks

100 Hammocks TrlKey Largo, FL 33037
  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Resia Biscayne Drive
Rent Specials
$1,769 - $3,414
Total Monthly Price

Total Monthly Price

Base Rent
$1,769 - $3,414
Total Monthly Price
$1,769 - $3,414
1 to 3 Bedroom Apartments Available Now

Resia Biscayne Drive

14155 SW 288th StHomestead, FL 33033
Corporate Housing
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  • Low Income
  • 3D Tour
property at 354 Oleander Dr

$1,775

Total Monthly Price

Total Monthly Price

Base Rent
$1,775
Total Monthly Price
$1,775

3 Bedroom, 2 Bath Home for Rent

Available Now

354 Oleander Dr

TavernierFL33070
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Casa Princeton
Rent Specials
$1,805 - $3,022
Total Monthly Price

Total Monthly Price

Base Rent
$1,805 - $3,022
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Casa Princeton

12835 SW 246th TerHomestead, FL 33032
Affordability
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  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Olivia
Rent Specials
$1,876 - $3,566
Total Monthly Price

Total Monthly Price

Base Rent
$1,876 - $3,566
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Olivia

14981 SW 283rd StHomestead, FL 33033
Affordability
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  • Customer Reviewed
  • 3D Tour
property at 108 Caribbean Ave

$2,700

Total Monthly Price

Total Monthly Price

Base Rent
$2,700
Total Monthly Price
$2,700

2 Bedroom, 1 Bath Home for Rent

Available Now

108 Caribbean Ave

TavernierFL33070

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

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Key Largo, FL Local Guide

Cheapest Neighborhoods for Apartments in Key Largo, FL

Pricing Updated: 07/24/2026

Current apartment rentals in the Key Largo, FL area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Key Largo Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Garden Cove$2,950$2,0917
Sunset Point$11,911$2,4224

Cheapest Available Key Largo Apartments for Rent

 

The cheapest available apartment rental in Key Largo, FL is a 2 Beds unit found at Naranja Grand II in the Modello neighborhood priced from $818. Cameron Creek in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $902. Here is today’s list of the most affordable Key Largo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Naranja Grand IITwo Bedrooms2BR,2BA$818
Cameron Creek2BR2BR,2BA$902
Cabana Club1 Bedroom1BR,1BA$1,207
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274
Carib Villas ApartmentsSTUDIOStudio,1BA$1,300
Ambar Trail1 Bedroom 1 Bath1BR,1BA$1,329
Madison Point Apartments1 Bed, 1 bath1BR,1BA$1,330
Orchid Grove1x11BR,1BA$1,352
Cordova EstatesOne Bedroom1BR,1BA$1,422
Sol Vista- 62+A1.11BR,1BA$1,455

Best Value Apartments for Rent in Key Largo, FL

As of July 24, 2026 the best value apartment in the Key Largo area is the $1.75 price per square foot TH3 Model at Seascape Pointe Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,421. The second greatest value Key Largo apartment is the 2 Bedroom 2 Bathroom Model at Ambar Key starting at $1,724 with a $1.53 price per square foot in the Outer Homestead South Dade neighborhood. Here is today’s list of the best values for Key Largo apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Seascape Pointe TownhomesTH33BR,2.5BA$1.75
Ambar Key2 Bedroom 2 Bathroom2BR,2BA$1.53
Venice At Crystal LakesPicasso II2BR,2BA$1.75
Villa CapriSolaro2BR,2BA$2.01
Naranja Grand IITwo Bedrooms2BR,2BA$0.89
Cameron Creek2BR2BR,2BA$1.08
Cordova EstatesOne Bedroom1BR,1BA$1.98
Harbour Springs1 Bedroom1BR,1BA$2.03
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85
Ambar Trail1 Bedroom 1 Bath1BR,1BA$1.97

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Key Largo Apartments

What is the price of a cheap apartment in Key Largo?

The cheapest apartment in Key Largo is Cabana Club which is listed at $1,207, while the average apartment in Key Largo costs $7,430.

What types of apartments are the cheapest in Key Largo?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 2 regular apartments in Key Largo that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Key Largo?

Cheap apartments in Key Largo have an average cost of $1,781 which is $5,649 cheaper than the average rent for all rentals in Key Largo.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.