Cheap Apartments for Rent in Summerland Key, FL from $1,000 (20 Rentals)

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Search the lowest-cost Apartments available for rent right now in Summerland Key.

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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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Arrive Key West
1 to 3 Bedroom Apartments

Arrive Key West

3333 Duck AveKey West, FL 33040
Military

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Summerland Key, FL Local Guide

Cheapest Available Summerland Key Apartments for Rent and Nearby

 

The cheapest available apartment rental in Summerland Key, FL is a Studio unit found at Ocean Walk in the Key West Golf Club neighborhood priced from $2,346. CoCo Vista has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,349. Here is today’s list of the most affordable Summerland Key apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ocean WalkThe ReefStudio,1BA$2,346
CoCo Vista1 Bedroom 1 Bathroom1BR,1BA$2,349
Coco Palms2BR/2.0BA2BR,2BA$2,500
Arrive Key WestApex1BR,1BA$2,649
The QuarryIsla Shore1BR,1BA$2,799

Best Value Apartments for Rent in Summerland Key, FL and Nearby

As of April 27, 2026 the best value apartment in the Summerland Key area is the $3.16 price per square foot 2/2.5 Model at Tarpon Harbour in the starting from $3,450. The second greatest value Summerland Key apartment is the 2 Bedroom 2.5 Bath Townhome Model at Little Torch Cottages starting at $5,538 with a $5.13 price per square foot . Here is today’s list of the best values for Summerland Key apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Tarpon Harbour2/2.52BR,2.5BA$3.16
Little Torch Cottages2 Bedroom 2.5 Bath Townhome2BR,2.5BA$5.13
3930 S Roosevelt Blvd, Unit N2043930 S Roosevelt Blvd3BR,2BA$3.45
Lofts at Bahama VillageThree Bedroom3BR,2BA$3.77
Coco Palms2BR/2.0BA2BR,2BA$2.78
Sunset Marina5555 College Road - 5571College Road; Unit #1 55712BR,2BA$4.75
The QuarryCoral Shore1BR,1BA$4.00
CoCo Vista1 Bedroom 1 Bathroom1BR,1BA$3.80
Arrive Key WestApex1BR,1BA$5.12
Ocean WalkThe ReefStudio ,1BA$4.69

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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

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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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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Summerland Key Apartments

How much is rent for a Cheap One Bedroom Summerland Key Apartment?

The lowest price for a Cheap One Bedroom Summerland Key Apartment is $2,349 at CoCo Vista.

What is the lowest price for a Cheap Two Bedroom Summerland Key Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Summerland Key is starting from $2,500 at Coco Palms.

What is the most affordable Summerland Key Three Bedroom Apartment?

The best deal on a cheap Summerland Key Three Bedroom Apartment rental is at Tarpon Harbour and starts from $3,650.

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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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.