
Cheap Homes for Rent in Key West, FL from $1,600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Key West.


2601 S Roosevelt Blvd

616 Whitehead St

908 Elizabeth St, Unit 4
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.

6400 2nd St

55 Boca Chica Rd

20151 Kings Row

G41 Miriam St
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

How much does it cost to rent a home in Key West?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Key West 2 Bedroom Homes for Rent | $5,034 | $3,100 | $10,000+ |
Key West 3 Bedroom Homes for Rent | $6,381 | $3,650 | $10,000+ |
Key West 4 Bedroom Homes for Rent | $8,679 | $4,700 | $10,000+ |
Browse Top Homes for Rent in Key West
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Key West, FL Local Guide
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Cheapest Neighborhoods for Apartments in Key West, FL
Pricing Updated: 09/14/2025Current 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:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Key West Golf Club | $3,814 | $2,553 | 23 |
New Town | $21,600 | $2,500 | 25 |
White Street Gallery District | $21,600 | $2,500 | 5 |
Cheapest Available Key West Apartments for Rent
 The cheapest available apartment rental in Key West, FL is a Studio unit found at Ocean Walk in the Key West Golf Club neighborhood priced from $2,553. Lofts at Bahama Village has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,854. Here is today’s list of the most affordable Key West apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ocean Walk | The Reef | Studio,1BA | $2,553 |
Lofts at Bahama Village | One Bedroom | 1BR,1BA | $2,854 |
Arrive Key West | Apex | 1BR,1BA | $2,875 |
Best Value Apartments for Rent in Key West, FL
As of September 15, 2025 the best value apartment in the Key West area is the $3.68 price per square foot Coconut Cove Model at The Quarry in the starting from $3,969. The second greatest value Key West apartment is the 1505 White St Model at 1505 White St, Unit Two bedroom starting at $4,400 with a $4.40 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
The Quarry | Coconut Cove | 3BR,2BA | $3.68 |
1505 White St, Unit Two bedroom | 1505 White St | 2BR,1BA | $4.40 |
Sunset Marina | 5555 College Road - 5571College Road; Unit #1 5571 | 2BR,2BA | $4.75 |
1504 Flagler Ave, Unit 1# | 1504 Flagler Ave | 2BR,1BA | $4.29 |
Lofts at Bahama Village | One Bedroom | 1BR,1BA | $4.73 |
1209 William St, Unit 1 | 1209 William St | 2BR,1BA | $4.46 |
Arrive Key West | Apex | 1BR,1BA | $5.56 |
Ocean Walk | The Reef | Studio ,1BA | $5.11 |
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Best Local Schools in Key West, FL
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Key West, FL
Frequently Asked Questions about Key West
What type of rentals are currently available in Key West?
There are currently 69 Apartments for Rent in Key West, FL with pricing that ranges from $2,500 to $21,600. There are also 51 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key West ranging from $1,600 to $13,500.
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 $1,600 to $13,500 with an average monthly rent of $4,955.
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 $3,700 to $8,898, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,650 to $12,000. Four Bedroom Single-Family rentals are also available starting from $4,700 and Four Bedroom Apartments start at $10,000.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.