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2025 Compare Cities Housing:
Key West, FL vs Islamorada, FL

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Highlights
- The median age of a home in Key West is 27.8% older than the median age of a home in Islamorada.
 Key West, FLIslamorada, FLUnited States
 Median Home Age54  Unlock42
 Median Home Cost  Unlock$1,308,300$338,100
 Home Appr. Last 12 months26.6%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock78.0%57.0%
 Home Appr. Last 10 yrs.189.0%  Unlock101.1%
 Property Tax Rate  Unlock$6.2$11.0
 Homes Owned35.3%  Unlock57.4%
 Housing Vacant  Unlock46.1%11.2%
 Homes Rented41.7%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Key West, FLIslamorada, FLUnited States
 Average Rent  Unlock$3,960$1,840
 Studio Apartment$2,860  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$2,490$1,180
 2 Bedroom Home or Apartment$3,860  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$4,010$1,860
 4 Bedroom Home or Apartment$6,550  Unlock$2,160
 space1
 Vacant Housing
 Key West, FLIslamorada, FLUnited States
 Vacant For Rent  Unlock5.1%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.9%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock35.9%3.6%
 Vacant Other4.2%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Key West, FLIslamorada, FLUnited States
 Less Than $20,000  Unlock1.5%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.8%2.8%
 $60,000 to $79,9990.3%  Unlock3.9%
 $80,000 to $99,999  Unlock0.3%4.5%
 $100,000 to $149,9990.2%  Unlock11.3%
 $150,000 to $199,999  Unlock0.9%13.0%
 $200,000 to $299,9993.5%  Unlock20.1%
 $300,000 to $399,999  Unlock9.2%13.6%
 $400,000 to $499,9999.7%  Unlock8.3%
 $500,000 to $749,999  Unlock25.8%9.7%
 $750,000 to $999,99928.3%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock15.6%2.2%
 $1,500,000 to $1,999,9995.9%  Unlock0.8%
 $2,000,000 and over  Unlock6.8%1.1%
 space3
 Housing Units By Year Built
 Key West, FLIslamorada, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock8.0%13.6%
 2000 to 20096.6%  Unlock13.6%
 1990 to 1999  Unlock15.2%13.6%
 1980 to 198915.6%  Unlock13.2%
 1970 to 1979  Unlock26.1%14.8%
 1960 to 196911.0%  Unlock13.6%
 1950 to 1959  Unlock3.4%10.0%
 1940 to 19495.0%  Unlock4.7%
 1939 or Earlier  Unlock0.7%12.2%
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Reviews for Key West    7 Reviews
Anthoney · Key West, FL
Real cost of living averages for Key West, FL.
Over 4 years ago

I was raised in Key West since 1980, these average cost prices for rent that you are seeing were not even accurate then, let alone now in 2021. The average cost of  More

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Tom · Arlington, TN
Key West
Over 9 years ago

Like the  More

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Anthony · Key West, FL
Cost of Living Inconsistency.
Over 11 years ago

I have lived in Key West for the last seven years. During that time, I have observed very little change in the cost of living. I work for a national company that pays  More

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Reviews for Islamorada    3 Reviews
Gary  · Tavernier, FL
High Cost City
Over 17 years ago

Islamorada is a unique and beautiful 4-island community in the Florida Keys. It has great boating and fishing opportunities and some great local restaurants. It has a  More

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Anne · Islamorada, FL
quality of life
Over 17 years ago

Great weather, friendly people. Great place to visit and live. Work is work wherever you live, so remember that if you live here you are not on vacation 24/7 like all  More

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Val · Islamorada, FL
Paradise Lost or found?
Over 19 years ago

I have lived here 27 years and seen our lovely Islands become corporatized into condo haven. It is a lovely place, but it is changing so that the average person finds  More

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Learn More About Key West, Florida
Overview
Cost of Living
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Crime
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Learn More About Islamorada, Florida
Overview
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