What is the median rent in Key Biscayne, FL?

Name: Median rent in Key Biscayne, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Key Biscayne, FL is $3,500 or more a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 1,594 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

Figures last updated on November 12, 2026.

Median gross rent: $3,500 or more
Rented homes: 1,594 (±213)
$2,000 or more: 92.9%

How much rent costs in Key Biscayne

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Key Biscayne	Miami-Dade County	Florida	United States
Less than $500	0.0% (±3.2 points)	5.7%	3.6%	6.3%
$500 to $999	1.9% (±1.7 points)	6.3%	10.7%	20.2%
$1,000 to $1,499	1.9% (±2.5 points)	19.0%	26.0%	28.1%
$1,500 to $1,999	3.4% (±2.6 points)	28.8%	28.8%	21.1%
$2,000 to $2,499	7.7% (±3.8 points)	19.5%	17.4%	12.0%
$2,500 to $2,999	11.7% (±8.3 points)	9.9%	7.2%	5.5%
$3,000 or more	73.5% (±9.1 points)	10.8%	6.3%	6.8%

The most common range is $3,000 or more, paid by 73.5% of renting households.

92.9% of rented homes in Key Biscayne cost $2,000 or more a month.

Key Biscayne against Miami-Dade County, its state and the nation

Estimate (90% margin of error)
	Key Biscayne	Miami-Dade County	Florida	United States
Median gross rent	$3,500 or more	$1,829 (±$10)	$1,669 (±$5)	$1,413
Rented homes paying rent	1,594 (±213)	451,853 (±5,202)	2,716,443 (±16,958)	42,849,984

In Miami-Dade County, Key Biscayne ranks 1 of 66 places with a published estimate, from highest to lowest median gross rent.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Key Biscayne has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Households that rent	30.5% (±4.3 points)	33.4% (±4.5 points)	+2.9 percentage points	Not a measurable change
Rental vacancy rate	11.9% (±5.3 points)	16.3% (±7.6 points)	+4.4 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 Key Biscayne

Nearest places with a published estimate, compared with Key Biscayne
Place	Distance	Median gross rent	Compared with this place
Key Biscayne	—	$3,500 or more	—
Coral Gables	6.0 mi	$2,373 (±$209)	—
Miami	6.4 mi	$1,758 (±$26)	—
South Miami	8.2 mi	$1,764 (±$149)	—
Miami Beach	8.4 mi	$1,826 (±$36)	—
Pinecrest	8.8 mi	$1,946 (±$173)	—
West Miami	9.4 mi	$2,210 (±$140)	—
Glenvar Heights	9.4 mi	$1,973 (±$96)	—
Coral Terrace	9.5 mi	$1,759 (±$168)	—

None of the nearby places differs measurably from this one on this figure.

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Miami-Dade County, place by place

Rank	Place	Median gross rent
1	Key Biscayne	$3,500 or more
2	Palm Springs North	$2,860 (±$574)
3	Bal Harbour	$2,804 (±$747)
4	Country Walk	$2,732 (±$98)
5	Doral	$2,669 (±$73)
6	Miami Shores	$2,657 (±$664)
7	Richmond West	$2,644 (±$264)

Showing 7 of 66 places in Miami-Dade County, ranked from highest to lowest.

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 Key Biscayne

What is the average rent in Key Biscayne, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Key Biscayne is $3,500 or more a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How many rentals in Key Biscayne cost more than $2,000 a month?

92.9% of rented homes in Key Biscayne have a gross rent of $2,000 or more a month, and 0.0% cost less than $500.

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 Key Biscayne village, Florida (place:36300, 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.