Cheap Homes for Rent in Key Largo, FL from $2,500 (7 Rentals)

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

property at 50 Orange Dr

$2,750

Total Monthly Price

Total Monthly Price

Base Rent
$2,750

Total Monthly Price
$2,750

2 Bedroom, 1 Bath Townhome for Rent

Available Now

50 Orange Dr

Key LargoFL33037

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Key Largo, FL Local Guide

Cheapest Available Key Largo Apartments for Rent

 

The cheapest available apartment rental in Key Largo, FL is a 1 Bed unit found at Cabana Club in the Outer Homestead South Dade neighborhood priced from $1,092. Mango Way Apartments in the Outer Homestead South Dade neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,245. Here is today’s list of the most affordable Key Largo apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cabana Club1 Bedroom1BR,1BA$1,092
Mango Way ApartmentsSTUDIOStudio,1BA$1,245
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1,274

Best Value Apartments for Rent in Key Largo, FL

As of April 11, 2026 the best value apartment in the Key Largo area is the $1.59 price per square foot TH3 Model at Seascape Pointe Townhomes in the in the Outer Homestead South Dade neighborhood starting from $2,200. The second greatest value Key Largo apartment is the 3 Beds, 2 baths Model at Ambar Trail starting at $2,099 with a $1.71 price per square foot in the Modello 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$1.59
Ambar Trail3 Beds, 2 baths3BR,2BA$1.71
Venice At Crystal LakesPicasso II2BR,2BA$1.84
Riverwalk I Apartments2 Bed 1 Bath2BR,1BA$1.90
Jubilee Courtyards2BR2BR,2BA$1.91
Winchester Gardens2 Bed 1 Bath2BR,1BA$2.04
Woodland Grove1 Bedrooms A1BR,1BA$2.05
Gardens of Homestead1 Bed 1 Bath1BR,1BA$1.85
Orchid Grove1x11BR,1BA$1.96
Cabana Club1 Bedroom1BR,1BA$1.70

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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

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Frequently Asked Questions about Key Largo

What type of rentals are currently available in Key Largo?

There are currently 78 Apartments for Rent in Key Largo, FL with pricing that ranges from $1,199 to $11,480. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key Largo ranging from $2,500 to $18,000.

What is the current price range for Rental Homes in Key Largo?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Key Largo ranges from $2,500 to $18,000 with an average monthly rent of $7,741.

How much are larger Three and Four Bedroom Rentals in Key Largo?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Key Largo range from $1,804 to $11,480, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,850 to $13,000. Four Bedroom Single-Family rentals are also available starting from $2,950 and Four Bedroom Apartments start at $2,224.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.