2025 Compare Cities Housing:
Richmond, VA vs Key West, FL

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Highlights
- The median age of a home in Richmond is 14.3% older than the median age of a home in Key West.
 Richmond, VAKey West, FLUnited States
 Median Home Age63  Unlock42
 Median Home Cost  Unlock$1,015,000$338,100
 Home Appr. Last 12 months15.2%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock78.0%57.0%
 Home Appr. Last 10 yrs.93.9%  Unlock101.1%
 Property Tax Rate  Unlock$5.0$11.0
 Homes Owned38.9%  Unlock57.4%
 Housing Vacant  Unlock23.0%11.2%
 Homes Rented50.8%  Unlock31.4%
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 Avg Rent For Home Or Apartment
 Richmond, VAKey West, FLUnited States
 Average Rent  Unlock$4,830$1,840
 Studio Apartment$1,140  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$3,050$1,180
 2 Bedroom Home or Apartment$1,320  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$4,900$1,860
 4 Bedroom Home or Apartment$2,080  Unlock$2,160
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 Vacant Housing
 Richmond, VAKey West, FLUnited States
 Vacant For Rent  Unlock7.6%1.9%
 Vacant Rented1.3%  Unlock0.4%
 Vacant For Sale  Unlock1.0%0.7%
 Vacant Sold0.6%  Unlock0.4%
 Vacant Vacation  Unlock10.1%3.6%
 Vacant Other4.6%  Unlock4.1%
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 Owner-Occupied Housing Value
 Richmond, VAKey West, FLUnited States
 Less Than $20,000  Unlock0.6%2.6%
 $20,000 to $39,9990.4%  Unlock2.4%
 $40,000 to $59,999  Unlock0.8%2.8%
 $60,000 to $79,9992.9%  Unlock3.9%
 $80,000 to $99,999  Unlock0.2%4.5%
 $100,000 to $149,99911.4%  Unlock11.3%
 $150,000 to $199,999  Unlock0.7%13.0%
 $200,000 to $299,99921.0%  Unlock20.1%
 $300,000 to $399,999  Unlock7.4%13.6%
 $400,000 to $499,9998.6%  Unlock8.3%
 $500,000 to $749,999  Unlock28.7%9.7%
 $750,000 to $999,9993.9%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock8.8%2.2%
 $1,500,000 to $1,999,9990.7%  Unlock0.8%
 $2,000,000 and over  Unlock4.5%1.1%
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 Housing Units By Year Built
 Richmond, VAKey West, FLUnited States
 2015 and Newer0.1%  Unlock0.2%
 2010 to 2014  Unlock6.6%13.6%
 2000 to 20095.3%  Unlock13.6%
 1990 to 1999  Unlock11.0%13.6%
 1980 to 19897.1%  Unlock13.2%
 1970 to 1979  Unlock9.8%14.8%
 1960 to 19695.8%  Unlock13.6%
 1950 to 1959  Unlock11.5%10.0%
 1940 to 19499.1%  Unlock4.7%
 1939 or Earlier  Unlock22.5%12.2%
Reviews for Richmond    109 Reviews

Over 3 years ago

Lived here for a year and it’s not perfect but it’s constantly improving now (areas redevloped, more businesses, job growth). Cost of living is great compared to  More

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Over 4 years ago

We love Richmond so much that when we talk about where we'd like to live if we could live anywhere in the US, we always come back to RVA. We live in the city proper  More

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Over 4 years ago

I'm an out-of-towner but am coming up on 1 year in Richmond. I would summarize it this way: the best thing and the worst thing about Richmond is its location. I'll  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 9 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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