Cheap Homes for Rent in New Town Neighborhood of Key West, FL from $1,400 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the New Town area of Key West.

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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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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New Town, Key West, FL Local Guide

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 Arrive Key West priced from $2,599. Ocean Walk has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,651. Here are the most affordable New Town apartments for rent in Key West, FL:

Apartment ListingModel NameBed/BathPriced From
Arrive Key WestApex1BR,1BA$2,599
Ocean WalkThe Sand Dollar1BR,1BA$2,651
Sunset Marina5555 College Road - 5531 College Rd; Unit 2 553...2BR,2BA$3,300

Best Value Apartments for Rent in New Town, FL

As of December 07, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
NAS Key West Homes3 Bedroom3BR,2BA$3.66
1505 White St, Unit Studio1505 White StStudio ,1BA$2.40
Sunset Marina5555 College Road - 5571College Road; Unit #1 55712BR,2BA$4.75
1209 Pearl St, Unit upstairs1209 Pearl St1BR,1BA$4.21
Ocean WalkThe Sand Dollar1BR,1BA$4.10
Arrive Key WestApex1BR,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.

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The 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.

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Quick 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 Lifestyle
New Town, Key West, FL

Ranked #1

Among cities in Florida for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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 48 Apartments for Rent in New Town, FL with pricing that ranges from $2,384 to $13,200. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Town ranging from $1,450 to $6,460.

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 $1,450 to $6,460 with an average monthly rent of $4,190.

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.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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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.