
Cheap Homes for Rent in Key West, FL from $1,600 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Key West.


908 Elizabeth St, Unit 4

3312 Northside Dr

1515 Josephine St
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.

55 Boca Chica Rd

34 Dondi Rd

3312 Northside Dr, Unit 712

712 Galveston Ln
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.

2601 S Roosevelt Blvd
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 | $4,582 | $2,800 | $10,000+ |
| Key West 3 Bedroom Homes for Rent | $6,220 | $3,150 | $10,000+ |
| Key West 4 Bedroom Homes for Rent | $8,707 | $4,500 | $10,000+ |
| Key West 5 Bedroom Homes for Rent | $20,000 | $10,000 | $10,000+ |
| Key West 7 Bedroom Homes for Rent | $6,300 | $6,300 | $6,300 |
Browse Top Homes for Rent in Key West
Explore Key West
Key West, FL Local Guide
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Cheapest Neighborhoods for Apartments in Key West, FL
Pricing Updated: 11/06/2025Current 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 | $3,665 | $2,338 | 36 |
| New Town | $14,400 | $2,338 | 36 |
| White Street Gallery District | $14,400 | $2,400 | 4 |
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 $2,338. 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 $2,695. 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 | $2,338 |
| Arrive Key West | Apex | 1BR,1BA | $2,695 |
| The Quarry | Calypso Shore | 2BR,2BA | $2,748 |
Best Value Apartments for Rent in Key West, FL
As of November 07, 2025 the best value apartment in the Key West area is the $3.66 price per square foot 3 Bedroom Model at NAS Key West Homes in the in the Key West Golf Club neighborhood starting from $3,900. The second greatest value Key West apartment is the Calypso Shore Model at The Quarry starting at $2,999 with a $2.97 price per square foot . 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. |
|---|---|---|---|
| NAS Key West Homes | 3 Bedroom | 3BR,2BA | $3.66 |
| The Quarry | Calypso Shore | 2BR,2BA | $2.97 |
| 1505 White St, Unit Studio | 1505 White St | Studio ,1BA | $2.40 |
| 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 |
| 400 Simonton St, Unit 3 | 400 Simonton St | 1BR,1BA | $4.62 |
| 1005 Flagler Ave, Unit 4 | 1005 Flagler Ave | 1BR,1BA | $4.55 |
| Arrive Key West | Apex | 1BR,1BA | $5.21 |
| Ocean Walk | The Reef | Studio ,1BA | $4.68 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 ArticleQuick Rent Budget Calculator
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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!
Explore Key West, FL Rentals by Map
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 $2,338 to $14,400. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Key West ranging from $1,600 to $20,000.
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 $1,600 to $20,000 with an average monthly rent of $7,212.
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 $3,156 to $6,762, while Three Bedroom Homes, Condos, and Townhomes for rent range from $3,150 to $12,000. Four Bedroom Single-Family rentals are also available starting from $4,500 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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.