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Rent Specials
$2,323 - $3,990Studio to 3 Bedroom Apartments Available Now
Ocean Walk
3900 S Roosevelt BlvdKey West, FL 33040
Cheap Apartments for Rent in the New Town Neighborhood of Key West, FL from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the New Town area of Key West.
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$3,300 - $3,8002 Bedroom Apartments Available Now
Sunset Marina
5555 College RdKey West, FL 33040
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Studio Apartments
1010 Varela St
1010 Varela StKey West, FL 33040
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1 Bedroom Apartments
1430-1440 Grinnell St
1430-1440 Grinnell StKey West, FL 33040
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1 Bedroom Apartments
506 Frances St
506 Frances StKey West, FL 33040
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Studio Apartments
5730 4th Ave
5730 4th AveKey West, FL 33040
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1 Bedroom Apartments
Cuban Consulate
1001 Eaton StKey West, FL 33040
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.
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1 to 2 Bedroom Apartments
Gato Building
1209 Virginia StKey West, FL 33040
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Studio to 2 Bedroom Apartments
1122 Simonton St
1122 Simonton StKey West, FL 33040
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1 to 2 Bedroom Apartments
1100-1102 Margaret St
1100-1102 Margaret StKey West, FL 33040
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1 Bedroom Apartments
1301 Truman Ave
1301 Truman AveKey West, FL 33040
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Studio to 3 Bedroom Apartments
928 Truman Ave
928 Truman AveKey West, FL 33040
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1 Bedroom Apartments
Solares Hill
649 William StKey West, FL 33040
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1 to 3 Bedroom Apartments
Arrive Key West
3333 Duck AveKey West, FL 33040
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.
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2 to 4 Bedroom Apartments
NAS Key West Homes
800 Sigsbee RdKey West, FL 33040
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2 Bedroom Apartments
Peary Court
119-131 Peary CtKey West, FL 33040
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1 to 3 Bedroom Apartments
Meridian West
6701 Shrimp RdKey West, FL 33040
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Studio to 2 Bedroom Apartments
Poinciana Gardens
1664 Dunlap DrKey West, FL 33040
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1 to 3 Bedroom Apartments
Mariner's Cove Apartments
3330 Northside DrKey West, FL 33040
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1 Bedroom Apartments
1212 Duval St
1212 Duval StKey West Nas, FL 33040
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2 Bedroom Apartments
Park Place Townhomes
6410 2nd StStock Island, FL 33040
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.
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1 Bedroom Apartments
5176 Suncrest Rd
5176 Suncrest RdStock Island, FL 33040
Showing Results 1-22, Page 1 of 1
New Town, Key West, FL Local Guide
How much does it cost to rent an apartment in New Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Town Studio Apartments | $2,338 | $2,200 | $2,669 |
| New Town 1 Bedroom Apartments | $2,385 | $1,800 | $3,120 |
| New Town 2 Bedroom Apartments | $3,245 | $2,538 | $5,986 |
| New Town 3 Bedroom Apartments | $3,617 | $3,138 | $3,990 |
| New Town 4 Bedroom Apartments | $8,796 | $8,796 | $8,796 |
Browse Apartments in this Neighborhood
There are currently 22 rentals with your search options within a 2 mile radius of the New Town Neighborhood of Key West, FL.
See all Apartments in Key WestExplore Key West
New Town, Key West, FL Local Guide
- Nearby Key West neighborhoods
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Cheapest Available New Town Apartments for Rent
The cheapest available apartment rental in the New Town area of Key West, FL is a Studio unit found at Ocean Walk priced from $2,323. Arrive Key West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,649. Here are the most affordable New Town apartments for rent in Key West, FL:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ocean Walk | The Reef | Studio,1BA | $2,323 |
| Arrive Key West | Apex | 1BR,1BA | $2,649 |
| Sunset Marina | 5555 College Road - 5531 College Rd; Unit 2 553... | 2BR,2BA | $3,300 |
Best Value Apartments for Rent in New Town, FL
As of April 29, 2026 the best value apartment in the New Town area is the $3.45 price per square foot 3930 S Roosevelt Blvd Model at 3930 S Roosevelt Blvd, Unit Unit N204 in the in the Key West Golf Club neighborhood starting from $3,700. The second greatest value New Town apartment is the 5555 College Road - 5571College Road; Unit #1 5571 Model at Sunset Marina starting at $3,800 with a $4.75 price per square foot in the Key West Golf Club neighborhood. Here is today’s list of the best values for New Town apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3930 S Roosevelt Blvd, Unit Unit N204 | 3930 S Roosevelt Blvd | 3BR,2BA | $3.45 |
| Sunset Marina | 5555 College Road - 5571College Road; Unit #1 5571 | 2BR,2BA | $4.75 |
| Arrive Key West | Apex | 1BR,1BA | $5.12 |
| Ocean Walk | The Reef | Studio ,1BA | $4.65 |
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.
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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.
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.
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Pet Friendly LifestyleNew Town, Key West, FL
Ranked #2
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in New Town, Key West, FL
School data provided by Great Schools
Frequently Asked Questions about Cheap New Town Apartments
What is the lowest price for a Cheap Two Bedroom New Town Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in New Town is starting from $2,538 at Ocean Walk.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.