Home prices
The median home cost in Key West is $611,400. In comparison to its nearby areas this is approximately $188,183 (44%) higher.It is roughly $393,900 (181%) higher compared to the rest of the nation.
Rents
The median rent in Key West is $1,816 per month. Compared to its nearby areas this is approximately $252 (16%) higher.In comparison to the rest of the nation it is roughly $754 (70%) higher.
Nearby places
Stock Island
Stock Island is Key West's neighbor to the east. The housing prices there are significantly less expensive. Stock Island's median home price is $309,700, which comes out to $301,700 (97%) lower than Key West. The rent there is a lot less expensive. The median monthly rent in Stock Island is $1,323, which is $493 (37%) lower than Key West.
Big Coppitt Key
Big Coppitt Key is about 7 miles east from Key West. The housing prices there are significantly less expensive. The price of the median home in Big Coppitt Key is $408,300, which is $203,100 (49%) lower than Key West. Rents there are pretty similar. Big Coppitt Key's median rent is $1,742 a month, which is $74 (4%) lower than Key West.
Cudjoe Key
Cudjoe Key is approximately 18 miles northeast from Key West. Real estate prices there are a lot less expensive. Cudjoe Key's median home price is $429,400, which works out to $182,000 (42%) lower than Key West. Rent there is a little more expensive. In Cudjoe Key the median rent is $2,144 per month, which is $328 (15%) higher than Key West.
Big Pine Key
Big Pine Key is approximately 25 miles northeast of Key West. Housing prices there are a lot less expensive. The median home in Big Pine Key costs $363,700, which works out to $247,700 (68%) lower than Key West. Rent there is a little less expensive. The median rent in Big Pine Key is $1,645 per month, which is $171 (10%) lower than Key West.
Marathon
Marathon is about 44 miles east of Key West. Housing prices there are substantially less expensive. The price of the median home in Marathon is $425,200, which comes out to $186,200 (43%) lower than Key West. Its rents are substantially less expensive. The median monthly rent in Marathon is $1,319, which comes out to $497 (37%) lower than Key West.
Key Colony Beach
Key Colony Beach is roughly 45 miles east of Key West. Its housing prices are fairly similar. The median home in Key Colony Beach is valued at $603,000, which is $8,400 (1%) lower than Key West. Rent there is substantially less expensive. In Key Colony Beach the median monthly rent is $1,211, which works out to $605 (49%) lower than Key West.