
Cheap Homes for Rent in the New Town Neighborhood of Key West, FL from $1,500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the New Town area of Key West.


1318 Duncan St, Unit #3
Rent According to Income: A Look at Income-Restricted Rentals
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3708 Duck Ave

2421 Patterson Ave
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3930 S Roosevelt Blvd
New Town, Key West, FL Local Guide

How much does it cost to rent a home in New Town?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Town 2 Bedroom Homes for Rent | $3,718 | $3,100 | $5,900 |
| New Town 3 Bedroom Homes for Rent | $9,750 | $5,500 | $10,000+ |
| New Town 4 Bedroom Homes for Rent | $4,500 | $4,500 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the New Town Neighborhood of Key West, FL.
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New Town, Key West, FL Local Guide
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Cheapest Available New Town Apartments for Rent
 | Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arrive Key West | Apex | 1BR,1BA | $2,599 |
| Ocean Walk | The Catamaran | 3BR,2BA | $3,104 |
Best Value Apartments for Rent in New Town, FL
As of September 07, 2026 the best value apartment in the New Town area is the $3.45 price per square foot 1505 White St Model at 1505 White St, Unit Large Two bedroom in the in the Key West Golf Club neighborhood starting from $3,800. The second greatest value New Town apartment is the The Catamaran Model at Ocean Walk starting at $3,104 with a $2.96 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. |
|---|---|---|---|
| 1505 White St, Unit Large Two bedroom | 1505 White St | 2BR,1BA | $3.45 |
| Ocean Walk | The Catamaran | 3BR,2BA | $2.96 |
| Arrive Key West | Apex | 1BR,1BA | $5.03 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
Read ArticleReal 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.
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.
Pet Friendly LifestyleNew Town, Key West, FL
Ranked #1
Among cities in Florida for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in New Town, Key West, FL
School data provided by Great Schools
Frequently Asked Questions about New Town
What type of rentals are currently available in New Town?
There are currently 52 Apartments for Rent in New Town, FL with pricing that ranges from $2,476 to $9,148. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Town ranging from $1,500 to $14,000.
What is the current price range for Rental Homes in New Town?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Town ranges from $1,500 to $14,000 with an average monthly rent of $4,194.
How much are larger Three and Four Bedroom Rentals in New Town?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New Town range from $3,104 to $4,723, while Three Bedroom Homes, Condos, and Townhomes for rent range from $5,500 to $14,000. Four Bedroom Single-Family rentals are also available starting from $4,500 and Four Bedroom Apartments start at $6,690.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.