Cheap Homes for Rent in Key West, FL from $1,500 (8 Rentals)

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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.

property at 55 Boca Chica Rd

$2,500 - $3,985

1 To 2 Bedroom Rentals

Available Now

55 Boca Chica Rd

Key WestFL33040

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Key West, FL Local Guide

Cheapest Neighborhoods for Apartments in Key West, FL

Pricing Updated: 02/22/2026

Current apartment rentals in the Key West, 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 West Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Key West Golf Club$3,506$1,80035
New Town$7,782$1,80035
White Street Gallery District$11,061$2,8002

Cheapest Available Key West Apartments for Rent

 

The cheapest available apartment rental in Key West, FL is a 2 Beds unit found at Ocean Walk in the Key West Golf Club neighborhood priced from $2,450. Arrive Key West in the Key West Golf Club neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,719. Here is today’s list of the most affordable Key West apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ocean WalkThe Beach Comber2BR,1BA$2,450
Arrive Key WestApex1BR,1BA$2,719
The QuarryCalypso Shore2BR,2BA$2,935

Best Value Apartments for Rent in Key West, FL

As of February 22, 2026 the best value apartment in the Key West area is the $3.68 price per square foot 3930 S Roosevelt Blvd Model at 3930 S Roosevelt Blvd, Unit N204 in the in the Key West Golf Club neighborhood starting from $3,950. The second greatest value Key West apartment is the 3 Bedroom Model at NAS Key West Homes starting at $4,300 with a $4.03 price per square foot in the Key West Golf Club neighborhood. Here is today’s list of the best values for Key West apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3930 S Roosevelt Blvd, Unit N2043930 S Roosevelt Blvd3BR,2BA$3.68
NAS Key West Homes3 Bedroom3BR,2BA$4.03
The QuarryCalypso Shore2BR,2BA$2.91
Sunset Marina5555 College Road - 5571College Road; Unit #1 55712BR,2BA$4.75
1220 3rd St, Unit UP1220 3rd St2BR,1BA$3.94
1209 Pearl St, Unit upstairs1209 Pearl St1BR,1BA$4.21
Ocean WalkThe Sand Dollar1BR,1BA$3.80
Arrive Key WestApex1BR,1BA$5.26
46E 12th Ave, Unit Studio for 1 person only46E 12th AveStudio ,1BA$3.68

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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The 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.

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Cash 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.

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

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Frequently Asked Questions about Key West

What type of rentals are currently available in Key West?

There are currently 75 Apartments for Rent in Key West, FL with pricing that ranges from $1,800 to $18,964. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key West ranging from $1,500 to $15,000.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Key West ranges from $1,500 to $15,000 with an average monthly rent of $6,799.

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

For those who are looking for larger living arrangements, Three Bedroom Apartments in Key West range from $2,949 to $17,391, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,800 to $14,000. Four Bedroom Single-Family rentals are also available starting from $7,000 and Four Bedroom Apartments start at $7,782.

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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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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.