Similar to nearby areas, it's substantially more expensive compared to the entire country. Compared to the city of Key West however, it's a bit less expensive.
Home prices
Cudjoe Key's median home cost is $429,400. This is roughly $7,420 (1%) higher in comparison to its surrounding areas.Compared to the country as a whole it is approximately $211,900 (97%) higher, and is approximately $182,000 (29%) lower compared to the city of Key West.
Rents
Cudjoe Key's median monthly rent is $2,144. It is about $696 (48%) higher compared to nearby areas.It is roughly $1,082 (101%) higher in comparison to the United States as a whole, and in comparison to the city of Key West is roughly $328 (18%) higher.
Nearby places
Big Pine Key
Big Pine Key is about 7 miles east of Cudjoe Key. The real estate prices there are somewhat less expensive. The median home in Big Pine Key costs $363,700, which works out to $65,700 (18%) lower than Cudjoe Key. Rents there are a bit less expensive. In Big Pine Key the median rent is $1,645 a month, which comes out to $499 (30%) lower than Cudjoe Key.
Big Coppitt Key
Big Coppitt Key is approximately 11 miles southwest from Cudjoe Key. Its real estate prices are a little less expensive. The median home price in Big Coppitt Key is $408,300, which is $21,100 (5%) lower than Cudjoe Key. Its rents are a bit less expensive. In Big Coppitt Key the median monthly rent is $1,742, which works out to $402 (23%) lower than Cudjoe Key.
Stock Island
Stock Island is about 16 miles southwest of Cudjoe Key. Its real estate prices are substantially less expensive. The median home in Stock Island is valued at $309,700, which comes out to $119,700 (38%) lower than Cudjoe Key. Rent there is a lot less expensive. In Stock Island the median monthly rent is $1,323, which is $821 (62%) lower than Cudjoe Key.
Marathon
Marathon is roughly 26 miles east from Cudjoe Key. Housing prices there are pretty similar. The median home price in Marathon is $425,200, which is very similar to Cudjoe Key. Its rents are a lot less expensive. The median monthly rent in Marathon is $1,319, which is $825 (62%) lower than Cudjoe Key.
Key Colony Beach
Key Colony Beach is roughly 27 miles east from Cudjoe Key. The real estate prices there are a little more expensive. The median home price in Key Colony Beach is $603,000, which is $173,600 (28%) higher than Cudjoe Key. Its rents are substantially less expensive. Key Colony Beach's median rent is $1,211 per month, which comes out to $933 (77%) lower than Cudjoe Key.