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The median home value in Key West, Florida, is $592,700. Home appreciation is -15.92% over the last 10 years. The median age of Key West, Florida, real estate is 46 years.

Key West, Florida Apartments and Rentals

Renters make up 36.40% of the Key West, Florida, population. 35.09% of houses and apartments in Key West, Florida, are unoccupied (vacancy rate).

  HOUSINGKey West, FloridaUnited States
  Median Home Age  4637
  Median Home Cost  $592,700$185,800
  Home Appr. Last 12 months  13.56%3.74%
  Home Appr. Last 5 yrs.  30.69%16.02%
  Home Appr. Last 10 yrs.  -15.92%-0.68%
  Property Tax Rate  $7.07$11.80
  Homes Owned  28.51%56.34%
  Housing Vacant  35.09%12.45%
  Homes Rented  36.40%31.21%
  Studio Apartment  $999$712
  1 Bedroom Home or Apartment  $1,100$825
  2 Bedroom Home or Apartment  $1,473$1,027
  3 Bedroom Home or Apartment  $1,828$1,379
  4 Bedroom Home or Apartment  $2,039$1,601
  Vacant For Rent  6.37%2.34%
  Vacant Rented  1.96%0.46%
  Vacant For Sale  1.25%1.20%
  Vacant Sold  0.65%0.46%
  Vacant Vacation  19.64%3.97%
  Vacant Other  5.23%4.02%
  Less Than $20,000  0.37%4.57%
  $20,000 to $39,999  3.68%3.37%
  $40,000 to $59,999  1.51%4.19%
  $60,000 to $79,999  0.00%5.74%
  $80,000 to $99,999  0.64%6.79%
  $100,000 to $149,999  3.16%15.19%
  $150,000 to $199,999  2.99%14.69%
  $200,000 to $299,999  17.60%18.15%
  $300,000 to $399,999  15.45%10.43%
  $400,000 to $499,999  14.96%5.70%
  $500,000 to $749,999  19.65%6.39%
  $750,000 to $999,999  8.42%2.41%
  $1,000,000 or more  11.60%2.39%

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Reviews for Key West


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Key West - 3/9/2016
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Cost of Living Inconsistency. - 1/19/2014
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... (Read More)

Key West - 6/24/2012
Key West is tropical: warm breezes most of the year and definitely hot, but that's just what I like. What I don't like is the cost of living. The town is a second or... (Read More)

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