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

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rentCudjoe KeyMonroe CountyFloridaUnited States
Less than $5000.0% (±22.0 points)4.4%3.6%6.3%
$500 to $9990.0% (±22.0 points)5.8%10.7%20.2%
$1,000 to $1,49914.8% (±16.5 points)14.0%26.0%28.1%
$1,500 to $1,99948.3% (±25.0 points)25.9%28.8%21.1%
$2,000 to $2,4999.1% (±10.6 points)16.7%17.4%12.0%
$2,500 to $2,9996.2% (±8.6 points)13.3%7.2%5.5%
$3,000 or more21.5% (±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

Estimate (90% margin of error)
Cudjoe KeyMonroe CountyFloridaUnited States
Median gross rent$1,864 (±$165)$1,999 (±$108)$1,669 (±$5)$1,413
Rented homes paying rent209 (±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 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median gross rent$2,144 (±$326)$1,864 (±$165)−13.1%Down after inflation
Households that rent23.1% (±7.1 points)20.8% (±7.6 points)−2.3 percentage pointsNot a measurable change
Rental vacancy rate37.0% (±14.3 points)35.0% (±15.3 points)−2.0 percentage pointsNot 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

Nearest places with a published estimate, compared with Cudjoe Key
PlaceDistanceMedian gross rentCompared with this place
Cudjoe Key—$1,864 (±$165)—
Big Pine Key8.6 mi$1,724 (±$144)Not measurably different
Big Coppitt Key12 mi$2,420 (±$392)Higher
Stock Island17 mi$2,013 (±$239)Not measurably different
Key West19 mi$2,220 (±$210)Higher
Marathon30 mi$1,633 (±$175)Not measurably different
Key Colony Beach30 mi$1,929 (±$232)Not measurably different
Layton44 mi$1,833 (±$843)Not measurably different
Islamorada64 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

RankPlaceMedian gross rent
2Key West$2,220 (±$210)
3Stock Island$2,013 (±$239)
4Tavernier$1,966 (±$245)
5Key Colony Beach$1,929 (±$232)
6Key Largo$1,887 (±$147)
7Islamorada$1,882 (±$263)
8Cudjoe Key$1,864 (±$165)
9Layton$1,833 (±$843)
10Big Pine Key$1,724 (±$144)
11Marathon$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

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.

Request a Census API 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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