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Rent Specials
$2,393 - $4,482Studio 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
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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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 | $2,467 | $2,200 | $2,729 |
| New Town 1 Bedroom Apartments | $2,829 | $2,520 | $3,000 |
| New Town 2 Bedroom Apartments | $3,109 | $2,410 | $3,800 |
| New Town 3 Bedroom Apartments | $3,741 | $3,177 | $4,482 |
| New Town 4 Bedroom Apartments | $7,590 | $7,590 | $7,590 |
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 1 Bed unit found at Ocean Walk priced from $2,520. Arrive Key West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,779. 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 Sand Dollar | 1BR,1BA | $2,520 |
| Arrive Key West | Apex | 1BR,1BA | $2,779 |
| 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 June 14, 2026 the best value apartment in the New Town area is the $3.00 price per square foot 8 Hilton Haven Rd Model at 8 Hilton Haven Rd in the in the Key West Golf Club neighborhood starting from $3,000. 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. |
|---|---|---|---|
| 8 Hilton Haven Rd | 8 Hilton Haven Rd | 1BR,1BA | $3.00 |
| Sunset Marina | 5555 College Road - 5571College Road; Unit #1 5571 | 2BR,2BA | $4.75 |
| Ocean Walk | The Sand Dollar | 1BR,1BA | $3.90 |
| Arrive Key West | Apex | 1BR,1BA | $5.38 |
| 1505 White St, Unit Efficiency | 1505 White St | Studio ,1BA | $5.50 |
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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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 #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 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 $2,804 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
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.