Home values, rents and more in Key West, FL
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
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How Key West compares
The typical home in Key West, FL is worth about $1,016,000, according to the Zillow Home Value Index for September 2026. Home values in Key West are 6% above the typical value in the Key West metro area ($963,000) and 2.8 times the U.S. typical value ($366,000).
Over the past year, home values in Key West rose 0.3%, compared with +1.9% in the Key West metro area and +1.2% nationally.
Typical rent is $3,563 a month (Zillow Observed Rent Index), about the same as the Key West metro area ($3,671) and 1.8 times the U.S. ($1,932). Rents fell 9.5% over the past year.
The median household income is $87,037, against $87,738 in the Key West metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 25,720 people live in Key West (American Community Survey 2020–24).
Key West has the 2nd-highest typical home value of the 9 cities in the Key West metro area and the 24th-highest of 496 in Florida with Zillow figures.
Part of: Monroe County, FL · Key West metro area · Florida
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- 5- and 10-year price changes
- Days on market and months of supply
- Price cuts and sale-to-list ratio
- Price-to-income and monthly cost to buy
- Crime rates
- Homeowners insurance premiums
- Commute time to downtown
- Flood, wildfire and natural hazard risk
- Property-tax rate
- 2024 presidential vote
- Age, education and household make-up
- Amenities and transit nearby
Nearby cities
ZIP codes in Key West, FL
Sources
Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.
"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.