Cheap Homes for Rent in New Town Neighborhood of Key West, FL from $1,500 (6 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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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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 Ocean Walk priced from $2,443. Arrive Key West has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,749. Here are the most affordable New Town apartments for rent in Key West, FL:

Apartment ListingModel NameBed/BathPriced From
Ocean WalkThe Sand Dollar1BR,1BA$2,443
Arrive Key WestApex1BR,1BA$2,749
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 February 06, 2026 the best value apartment in the New Town area is the $3.68 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 $3,950. The second greatest value New Town apartment is the 3 Bedroom Model at NAS Key West Homes starting at $4,300 with a $4.03 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.
3930 S Roosevelt Blvd, Unit Unit N2043930 S Roosevelt Blvd3BR,2BA$3.68
NAS Key West Homes3 Bedroom3BR,2BA$4.03
1505 White St, Unit Efficiency1505 White StStudio ,1BA$2.20
Sunset Marina5555 College Road - 5571College Road; Unit #1 55712BR,2BA$4.75
1220 3rd St, Unit UP1220 3rd St2BR,1BA$3.94
1209 Pearl St, Unit upstairs1209 Pearl St1BR,1BA$4.21
Ocean WalkThe Sand Dollar1BR,1BA$3.78
Arrive Key WestApex1BR,1BA$5.32

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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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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Quick Rent Budget Calculator

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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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Frequently Asked Questions about New Town

What type of rentals are currently available in New Town?

There are currently 50 Apartments for Rent in New Town, FL with pricing that ranges from $2,100 to $13,487. There are also 24 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 $4,853.

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 $2,999 to $13,487, while Three Bedroom Homes, Condos, and Townhomes for rent range from $4,500 to $14,000. Four Bedroom Single-Family rentals are also available starting from $7,000 and Four Bedroom Apartments start at $8,374.

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

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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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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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.