
Cheap Homes for Rent in Key Largo, FL from $2,500 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Key Largo.


50 Orange Dr

197 Adobe Casa Ct Dr
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.

38 Silver Springs Dr

456 Bowie Ln

235 Anne Bonny Dr
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.

115 Arctic Ave
Key Largo, FL Local Guide

How much does it cost to rent a home in Key Largo?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Key Largo 2 Bedroom Homes for Rent | $3,568 | $2,500 | $6,250 |
| Key Largo 3 Bedroom Homes for Rent | $4,981 | $2,850 | $10,000+ |
| Key Largo 4 Bedroom Homes for Rent | $8,418 | $2,950 | $10,000+ |
| Key Largo 5 Bedroom Homes for Rent | $14,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Key Largo
Explore Key Largo
Key Largo, FL Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cabana Club | 1 Bedroom | 1BR,1BA | $1,092 |
| Mango Way Apartments | STUDIO | Studio,1BA | $1,245 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Seascape Pointe Townhomes | TH3 | 3BR,2.5BA | $1.59 |
| Ambar Trail | 3 Beds, 2 baths | 3BR,2BA | $1.71 |
| Venice At Crystal Lakes | Picasso II | 2BR,2BA | $1.84 |
| Riverwalk I Apartments | 2 Bed 1 Bath | 2BR,1BA | $1.90 |
| Jubilee Courtyards | 2BR | 2BR,2BA | $1.91 |
| Winchester Gardens | 2 Bed 1 Bath | 2BR,1BA | $2.04 |
| Woodland Grove | 1 Bedrooms A | 1BR,1BA | $2.05 |
| Gardens of Homestead | 1 Bed 1 Bath | 1BR,1BA | $1.85 |
| Orchid Grove | 1x1 | 1BR,1BA | $1.96 |
| Cabana Club | 1 Bedroom | 1BR,1BA | $1.70 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Key Largo, FL Rentals by Map
See the most popular apartments and homes in Key Largo, FL
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

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.

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.

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.

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.