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States / Florida / Key West

Key West, FL Housing

ACS 2020-2024

Median Home Value
$852,400 ± $48,770
Median Gross Rent
$2,220 ± $210/mo
Homeownership Rate
49.2%
Rent as Share of Income
30.6%
Price-to-Income Ratio
9.8×
Vacancy Rate
26.1%
Median Year Built
1968

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
29
Buildings
21
Single-Family Units
19
Multi-Family Units
10

Nearby Cities in Florida

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.

Key West, FL Housing: Rent & Home Values | HomeDataUSA