2026 Affordability Data
Most Affordable Neighborhoods in Key West - 2026 Data
The median home value in Key West is $725,000, 157% above nat'l avg. Median rent is $1,781/month. With an affordability index of 55, Key West is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Key West, FL area.
Key Takeaways: Affordability in Key West
- 1The most affordable neighborhood in Key West is Sanford, with a median home value of $77,800.
- 2Key West's median home value is $725,000, 157% above nat'l avg (national: $281,900).
- 3Key West's affordability index is 55 (baseline 100), making it less affordable than the national average.
- 4Median rent in Key West is $1,781/month, 53% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Key West to find the most affordable areas based on home values, rent, and affordability index.
Key West Affordability Overview
Median Home Value
$725,000
157% above nat'l avg
Median Rent
$1,781/mo
53% above nat'l avg
Median Income
$60,517
19% below nat'l avg
Affordability Index
55
45% below nat'l avg
Most Affordable Neighborhoods in Key West (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | SanfordFL | $77,800 |
| 2 | AuburndaleFL | $229,400 |
| 3 | North Palm Beach villageFL | $418,100 |
| 4 | Haines CityFL | $222,100 |
| 5 | SeminoleFL | $279,000 |
| 6 | BartowFL | $195,200 |
| 7 | Belle GladeFL | $136,500 |
| 8 | SebringFL | $152,000 |
| 9 | LakelandFL | $207,800 |
| 10 | MinneolaFL | $348,700 |
| 11 | Holly HillFL | $155,600 |
| 12 | North LauderdaleFL | $234,300 |
| 13 | West ParkFL | $305,400 |
| 14 | Wellington villageFL | $492,300 |
| 15 | Lake WalesFL | $208,500 |
Detailed Neighborhood Profiles
Home Value: $77,800
Rent: $1,233/mo
Affordability: 258
Population: 1,397
Walk Score: 68/100
Home Value: $229,400
Rent: $776/mo
Affordability: 214
Population: 16,432
Home Value: $418,100
Rent: $776/mo
Affordability: 214
Population: 13,092
4
Home Value: $222,100
Rent: $776/mo
Affordability: 214
Population: 28,922
5
Home Value: $279,000
Rent: $776/mo
Affordability: 214
Population: 19,287
6
Home Value: $195,200
Rent: $776/mo
Affordability: 214
Population: 19,424
7
Home Value: $136,500
Rent: $776/mo
Affordability: 214
Population: 16,896
8
Home Value: $152,000
Rent: $776/mo
Affordability: 214
Population: 11,006
9
Home Value: $207,800
Rent: $776/mo
Affordability: 214
Population: 114,404
10
Home Value: $348,700
Rent: $776/mo
Affordability: 214
Population: 14,406
11
Home Value: $155,600
Rent: $776/mo
Affordability: 214
Population: 12,919
12
Home Value: $234,300
Rent: $776/mo
Affordability: 214
Population: 44,635
13
Home Value: $305,400
Rent: $776/mo
Affordability: 214
Population: 15,074
14
Home Value: $492,300
Rent: $776/mo
Affordability: 214
Population: 61,373
15
Home Value: $208,500
Rent: $776/mo
Affordability: 214
Population: 16,455
Frequently Asked Questions About Affordability in Key West
What is the most affordable neighborhood in Key West, FL?▾
Based on 2026 data, Sanford is the most affordable neighborhood in Key West with a median home value of $77,800. Kurby analyzed 15 neighborhoods in the Key West area to compile these rankings.
What is the median home price in Key West, FL?▾
The median home price in Key West is $725,000, which is 157% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Key West affordable compared to the national average?▾
Key West has an affordability index of 55, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Key West, FL?▾
The median monthly rent in Key West is $1,781. This is 53% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Key West?▾
The median household income in Key West is $60,517 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Key West are below the national average home price?▾
11 out of 15 ranked neighborhoods in Key West have a median home value below the national average of $281,900. The most affordable is Sanford at $77,800 (Source: Kurby, 2026).