What is the median rent in Cudjoe Key, FL?
The median gross rent in Cudjoe Key, FL is $1,864 (±$165) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.
That is across 209 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.
In Cudjoe Key, the median gross rent went from $2,144 in 2015–2019 to $1,864 in 2020–2024 (−13.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- Median gross rent
- $1,864 (±$165)
- Rented homes
- 209 (±85)
- $2,000 or more
- 36.8%
- Since 2015–2019
- −13.1%
How much rent costs in Cudjoe Key
| Monthly gross rent | Cudjoe Key | Monroe County | Florida | United States |
|---|---|---|---|---|
| Less than $500 | 0.0% (±22.0 points) | 4.4% | 3.6% | 6.3% |
| $500 to $999 | 0.0% (±22.0 points) | 5.8% | 10.7% | 20.2% |
| $1,000 to $1,499 | 14.8% (±16.5 points) | 14.0% | 26.0% | 28.1% |
| $1,500 to $1,999 | 48.3% (±25.0 points) | 25.9% | 28.8% | 21.1% |
| $2,000 to $2,499 | 9.1% (±10.6 points) | 16.7% | 17.4% | 12.0% |
| $2,500 to $2,999 | 6.2% (±8.6 points) | 13.3% | 7.2% | 5.5% |
| $3,000 or more | 21.5% (±14.3 points) | 20.0% | 6.3% | 6.8% |
The most common range is $1,500 to $1,999, paid by 48.3% of renting households.
36.8% of rented homes in Cudjoe Key cost $2,000 or more a month.
Cudjoe Key against Monroe County, its state and the nation
| Cudjoe Key | Monroe County | Florida | United States | |
|---|---|---|---|---|
| Median gross rent | $1,864 (±$165) | $1,999 (±$108) | $1,669 (±$5) | $1,413 |
| Rented homes paying rent | 209 (±85) | 11,000 (±608) | 2,716,443 (±16,958) | 42,849,984 |
In Cudjoe Key, median gross rent is not measurably different from Monroe County ($1,999).
It is also higher than in Florida ($1,669).
It is higher than the national figure ($1,413).
In Monroe County, Cudjoe Key ranks 8 of 11 places with a published estimate, from highest to lowest median gross rent.
Statewide, it ranks 222 of 793.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How rent in Cudjoe Key has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median gross rent | $2,144 (±$326) | $1,864 (±$165) | −13.1% | Down after inflation |
| Households that rent | 23.1% (±7.1 points) | 20.8% (±7.6 points) | −2.3 percentage points | Not a measurable change |
| Rental vacancy rate | 37.0% (±14.3 points) | 35.0% (±15.3 points) | −2.0 percentage points | Not a measurable change |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median gross rent in places near Cudjoe Key
| Place | Distance | Median gross rent | Compared with this place |
|---|---|---|---|
| Cudjoe Key | — | $1,864 (±$165) | — |
| Big Pine Key | 8.6 mi | $1,724 (±$144) | Not measurably different |
| Big Coppitt Key | 12 mi | $2,420 (±$392) | Higher |
| Stock Island | 17 mi | $2,013 (±$239) | Not measurably different |
| Key West | 19 mi | $2,220 (±$210) | Higher |
| Marathon | 30 mi | $1,633 (±$175) | Not measurably different |
| Key Colony Beach | 30 mi | $1,929 (±$232) | Not measurably different |
| Layton | 44 mi | $1,833 (±$843) | Not measurably different |
| Islamorada | 64 mi | $1,882 (±$263) | Not measurably different |
Nearby places with a measurably higher figure: Big Coppitt Key, FL ($2,420), Key West, FL ($2,220).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median gross rent across Monroe County, place by place
| Rank | Place | Median gross rent |
|---|---|---|
| 2 | Key West | $2,220 (±$210) |
| 3 | Stock Island | $2,013 (±$239) |
| 4 | Tavernier | $1,966 (±$245) |
| 5 | Key Colony Beach | $1,929 (±$232) |
| 6 | Key Largo | $1,887 (±$147) |
| 7 | Islamorada | $1,882 (±$263) |
| 8 | Cudjoe Key | $1,864 (±$165) |
| 9 | Layton | $1,833 (±$843) |
| 10 | Big Pine Key | $1,724 (±$144) |
| 11 | Marathon | $1,633 (±$175) |
Showing 10 of 11 places in Monroe County, ranked from highest to lowest.
Cudjoe Key is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Cudjoe Key
What is the average rent in Cudjoe Key, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Cudjoe Key is $1,864 (±$165) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much has rent gone up in Cudjoe Key?
In Cudjoe Key, the median gross rent went from $2,144 in 2015–2019 to $1,864 in 2020–2024 (−13.1%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
How many rentals in Cudjoe Key cost more than $2,000 a month?
36.8% of rented homes in Cudjoe Key have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.
Is rent in Cudjoe Key higher than in Monroe County?
In Cudjoe Key, median gross rent is not measurably different from Monroe County ($1,999).
It is also higher than in Florida ($1,669).
It is higher than the national figure ($1,413).
Is this the rent for an apartment listed today?
No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Cudjoe Key CDP, Florida
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Cudjoe Key CDP, Florida (place:15862, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
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- Population growth in Cudjoe Key
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- Florida landlord and tenant rules
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- Housing data for every place in Florida