What percentage of people rent in Key Largo, FL?
23.8% (±4.2 points) of the occupied homes in Key Largo, FL are rented (2020–2024 American Community Survey).
That is 1,252 renting households against 4,011 that own their home.
In Key Largo, the share of households that rent went from 23.4% in 2015–2019 to 23.8% in 2020–2024 (+0.4 percentage points), not a measurable change.
Figures last updated on .
- Households that rent
- 23.8% (±4.2 points)
- Renting households
- 1,252 (±248)
- Median renter income
- $68,920 (±$4,738)
Who rents and who owns in Key Largo
| Key Largo | Monroe County | Florida | United States | |
|---|---|---|---|---|
| Renter-occupied share | 23.8% (±4.2 points) | 34.2% (±1.7 points) | 32.4% (±0.2 points) | 34.8% |
| Renting households | 1,252 (±248) | 11,769 (±636) | 2,834,163 (±17,461) | 45,017,354 |
| Owning households | 4,011 (±348) | 22,636 (±735) | 5,918,647 (±31,594) | 84,210,142 |
| Average renter household size | 2.7 (±0.3) | 2.5 (±0.1) | 2.5 (±0.0) | 2.3 |
| Average owner household size | 2.4 (±0.2) | 2.3 (±0.1) | 2.5 (±0.0) | 2.6 |
| Median renter household income | $68,920 (±$4,738) | $64,941 (±$5,432) | $53,617 (±$353) | $52,966 |
| Median owner household income | $88,304 (±$9,829) | $108,690 (±$6,289) | $88,144 (±$469) | $100,009 |
In Key Largo, the renter share is lower than in Monroe County (34.2%).
It is also lower than in Florida (32.4%).
It is lower than the national figure (34.8%).
In Monroe County, Key Largo ranks 7 of 12 places with a published estimate, from highest to lowest renter share.
Statewide, it ranks 485 of 857.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Key Largo has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 23.4% (±3.7 points) | 23.8% (±4.2 points) | +0.4 percentage points | Not a measurable change |
| Median gross rent | $1,449 (±$151) | $1,887 (±$147) | +30.2% | No measurable change after inflation |
| Median household income | $65,864 (±$4,806) | $85,778 (±$5,075) | +30.2% | No measurable change after inflation |
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.
Households that rent in places near Key Largo
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Key Largo | — | 23.8% (±4.2 points) | — |
| Tavernier | 8.6 mi | 19.8% (±8.8 points) | Not measurably different |
| North Key Largo | 11 mi | 5.9% (±5.3 points) | Lower |
| Islamorada | 13 mi | 15.5% (±5.0 points) | Lower |
| Florida City | 22 mi | 68.8% (±6.4 points) | Higher |
| Homestead | 24 mi | 51.7% (±3.3 points) | Higher |
| Homestead Base | 26 mi | 100.0% (±21.6 points) | Higher |
| Leisure City | 26 mi | 56.4% (±5.2 points) | Higher |
| Naranja | 27 mi | 75.5% (±4.5 points) | Higher |
Nearby places with a measurably lower figure: North Key Largo, FL (5.9%), Islamorada, FL (15.5%).
Nearby places with a measurably higher figure: Florida City, FL (68.8%), Homestead, FL (51.7%), Homestead Base, FL (100.0%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Households that rent across Monroe County, place by place
| Rank | Place | Households that rent |
|---|---|---|
| 1 | Stock Island | 72.4% (±9.1 points) |
| 2 | Key West | 50.8% (±3.6 points) |
| 3 | Marathon | 39.8% (±4.5 points) |
| 4 | Big Coppitt Key | 37.1% (±10.4 points) |
| 5 | Key Colony Beach | 31.9% (±17.2 points) |
| 6 | Layton | 28.1% (±19.4 points) |
| 7 | Key Largo | 23.8% (±4.2 points) |
| 8 | Cudjoe Key | 20.8% (±7.6 points) |
| 9 | Tavernier | 19.8% (±8.8 points) |
| 10 | Islamorada | 15.5% (±5.0 points) |
| 11 | Big Pine Key | 11.7% (±4.3 points) |
| 12 | North Key Largo | 5.9% (±5.3 points) |
Key Largo 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 Key Largo
How many renters are there in Key Largo?
Key Largo has an estimated 1,252 (±248) renting households, 23.8% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Key Largo?
In Key Largo, the share of households that rent went from 23.4% in 2015–2019 to 23.8% in 2020–2024 (+0.4 percentage points), not a measurable change.
How big are renting households in Key Largo?
A renting household in Key Largo has 2.7 people on average, against 2.4 in an owned home.
How much do renters earn in Key Largo?
The median renting household in Key Largo, FL has an income of $68,920 (±$4,738) a year, against $88,304 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Key Largo CDP, Florida
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Key Largo CDP, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Key Largo CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Key Largo CDP, Florida
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Key Largo 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) and detailed tables (acs/acs5) for Key Largo CDP, Florida (place:36375, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
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 .
Related
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- Median rent in Key Largo
- Rent by bedrooms in Key Largo
- Rent burden in Key Largo
- Income and affordability in Key Largo
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- Types of homes in Key Largo
- Bedrooms in Key Largo
- Age of homes in Key Largo
- Vacancy rate in Key Largo
- Heating fuel in Key Largo
- Commute and cars in Key Largo
- Population growth in Key Largo
- How long people stay in Key Largo
- Crowding and facilities in Key Largo
- Florida landlord and tenant rules
- Housing across Monroe County
- Florida places ranked by share of renters
- Housing data for every place in Florida