Home values, rents and more in ZIP code 33040 (Key West, FL)
September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07
Open 33040 in ProMap- Under $680k
- $680k–$800k
- $800k–$880k
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- $970k+
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How 33040 compares
The typical home in ZIP code 33040 (Key West, FL) is worth about $957,000, according to the Zillow Home Value Index for September 2026. Home values in 33040 are about the same as the typical value in the Key West metro area ($963,000) and 2.6 times the U.S. typical value ($366,000).
Over the past year, home values in 33040 rose 0.1%, compared with +1.9% in the Key West metro area and +1.2% nationally.
Typical rent is $3,506 a month (Zillow Observed Rent Index), 4% below the Key West metro area ($3,671) and 1.8 times the U.S. ($1,932). Rents fell 4.6% over the past year.
The median household income is $86,586, against $87,738 in the Key West metro area and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).
About 35,429 people live in 33040 (American Community Survey 2020–24).
33040 has the 4th-highest typical home value of the 10 ZIP codes in the Key West metro area and the 30th-highest of 924 in Florida with Zillow figures.
Part of: Key West, FL · Monroe County, FL · Key West metro area · Florida
More for 33040 in ProMap Plus
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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
- Zillow 12-month price forecast
- Crime rates
- School test scores
- 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 ZIP codes
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.