2026 Compare Cities Housing:
Ocean City, MD vs Key West, FL

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Highlights
- The median age of a home in Ocean City is 38.5% younger than the median age of a home in Key West.
 Ocean City, MDKey West, FLUnited States
 Median Home Age39  Unlock42
 Median Home Cost  Unlock$1,015,000$338,100
 Home Appr. Last 12 months14.0%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock78.0%57.0%
 Home Appr. Last 10 yrs.67.3%  Unlock101.1%
 Property Tax Rate  Unlock$5.0$11.0
 Homes Owned8.9%  Unlock57.4%
 Housing Vacant  Unlock23.0%11.2%
 Homes Rented3.5%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Ocean City, MDKey West, FLUnited States
 Average Rent  Unlock$4,830$1,840
 Studio Apartment$810  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$3,050$1,180
 2 Bedroom Home or Apartment$960  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$4,900$1,860
 4 Bedroom Home or Apartment$1,630  Unlock$2,160
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 Vacant Housing
 Ocean City, MDKey West, FLUnited States
 Vacant For Rent  Unlock7.6%1.9%
 Vacant Rented0.5%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.0%  Unlock0.4%
 Vacant Vacation  Unlock10.1%3.6%
 Vacant Other0.2%  Unlock4.1%
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 Owner-Occupied Housing Value
 Ocean City, MDKey West, FLUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9991.3%  Unlock2.4%
 $40,000 to $59,999  Unlock0.8%2.8%
 $60,000 to $79,9990.0%  Unlock3.9%
 $80,000 to $99,999  Unlock0.2%4.5%
 $100,000 to $149,9996.2%  Unlock11.3%
 $150,000 to $199,999  Unlock0.7%13.0%
 $200,000 to $299,99925.7%  Unlock20.1%
 $300,000 to $399,999  Unlock7.4%13.6%
 $400,000 to $499,9998.5%  Unlock8.3%
 $500,000 to $749,999  Unlock28.7%9.7%
 $750,000 to $999,9999.8%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock8.8%2.2%
 $1,500,000 to $1,999,9990.2%  Unlock0.8%
 $2,000,000 and over  Unlock4.5%1.1%
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 Housing Units By Year Built
 Ocean City, MDKey West, FLUnited States
 2015 and Newer0.0%  Unlock0.2%
 2010 to 2014  Unlock6.6%13.6%
 2000 to 200913.2%  Unlock13.6%
 1990 to 1999  Unlock11.0%13.6%
 1980 to 198937.7%  Unlock13.2%
 1970 to 1979  Unlock9.8%14.8%
 1960 to 19694.6%  Unlock13.6%
 1950 to 1959  Unlock11.5%10.0%
 1940 to 19491.1%  Unlock4.7%
 1939 or Earlier  Unlock22.5%12.2%
Reviews for Ocean City    6 Reviews

Over 8 years ago

The town itself if quaint but typically coastal. In high season you will crawl from traffic light to traffic light. Maybe place to be single but don't grow old alone.  More

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Over 13 years ago

Not that bad at all. My family stays here every summer, and we have no problems. The crime rating is only a 10 because the boardwalk gets a lot of petty theft and drunk  More

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Over 13 years ago

Crime here really isnt a 10. The boardwalk gets a lot of drunk people and petty theft during the summer, and that skews the results. Ive stayed here in OC every summer  More

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Reviews for Key West    7 Reviews

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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Over 10 years ago

Like the  More

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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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