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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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Rent Specials
$2,338 - $4,165Studio to 3 Bedroom Apartments Available Now
Ocean Walk
3900 S Roosevelt BlvdKey West, FL 33040
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Showing Results 1-22, Page 1 of 1
New Town, Key West, FL Local Guide
Key West Sunset by Mickey Luigi Logitmark is licensed under CCO 1.0
How much does it cost to rent an apartment in New Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Town Studio Apartments | $2,604 | $2,338 | $2,910 |
| New Town 1 Bedroom Apartments | $2,933 | $2,500 | $3,399 |
| New Town 2 Bedroom Apartments | $3,317 | $2,892 | $3,800 |
| New Town 3 Bedroom Apartments | $4,202 | $3,437 | $6,762 |
| New Town 4 Bedroom Apartments | $14,400 | $10,000 | $10,000+ |
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
- Nearby Cities
- ZIP codes
- Local Counties
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 $2,338. Arrive Key West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,695. 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 | $2,338 |
| Arrive Key West | Apex | 1BR,1BA | $2,695 |
| Sunset Marina | 5555 College Road - 5531 College Rd; Unit 2 553... | 2BR,2BA | $3,300 |
| NAS Key West Homes | 3 Bedroom | 3BR,2BA | $3,900 |
Best Value Apartments for Rent in New Town, FL
As of November 06, 2025 the best value apartment in the New Town 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 New Town apartment is the 1505 White St Model at 1505 White St, Unit Studio starting at $2,400 with a $2.40 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. |
|---|---|---|---|
| NAS Key West Homes | 3 Bedroom | 3BR,2BA | $3.66 |
| 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 |
| 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 |
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Pet Friendly LifestyleNew Town, Key West, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 Cheapest Studio apartment in New Town?
Currently the most affordable Cheap Studio Apartment in New Town is at Ocean Walk listed at $2,338.
How much is rent for a Cheap One Bedroom New Town Apartment?
The lowest price for a Cheap One Bedroom New Town Apartment is $2,651 at Ocean Walk.
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 $2,892 at Ocean Walk.
What is the most affordable New Town Three Bedroom Apartment?
The best deal on a cheap New Town Three Bedroom Apartment rental is at Ocean Walk and starts from $3,437.
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.