What percentage of people rent in Key West, FL?

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

50.8% (±3.6 points) of the occupied homes in Key West, FL are rented (2020–2024 American Community Survey).

That is 5,478 renting households against 5,297 that own their home.

In Key West, the share of households that rent went from 59.3% in 2015–2019 to 50.8% in 2020–2024 (−8.5 percentage points), a measurable decrease.

Figures last updated on November 12, 2026.

Households that rent: 50.8% (±3.6 points)
Renting households: 5,478 (±490)
Median renter income: $64,846 (±$8,072)

Who rents and who owns in Key West

Tenure, estimate (90% margin of error)
	Key West	Monroe County	Florida	United States
Renter-occupied share	50.8% (±3.6 points)	34.2% (±1.7 points)	32.4% (±0.2 points)	34.8%
Renting households	5,478 (±490)	11,769 (±636)	2,834,163 (±17,461)	45,017,354
Owning households	5,297 (±470)	22,636 (±735)	5,918,647 (±31,594)	84,210,142
Average renter household size	2.3 (±0.2)	2.5 (±0.1)	2.5 (±0.0)	2.3
Average owner household size	2.2 (±0.1)	2.3 (±0.1)	2.5 (±0.0)	2.6
Median renter household income	$64,846 (±$8,072)	$64,941 (±$5,432)	$53,617 (±$353)	$52,966
Median owner household income	$119,397 (±$19,068)	$108,690 (±$6,289)	$88,144 (±$469)	$100,009

In Key West, the renter share is higher than in Monroe County (34.2%).

It is also higher than in Florida (32.4%).

It is higher than the national figure (34.8%).

In Monroe County, Key West ranks 2 of 12 places with a published estimate, from highest to lowest renter share.

Statewide, it ranks 94 of 857.

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

How renting in Key West 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	59.3% (±2.4 points)	50.8% (±3.6 points)	−8.5 percentage points	Measurable decrease
Median gross rent	$1,816 (±$71)	$2,220 (±$210)	+22.2%	No measurable change after inflation
Median household income	$69,630 (±$3,144)	$87,037 (±$11,382)	+25.0%	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 West

Nearest places with a published estimate, compared with Key West
Place	Distance	Households that rent	Compared with this place
Key West	—	50.8% (±3.6 points)	—
Stock Island	2.2 mi	72.4% (±9.1 points)	Higher
Big Coppitt Key	7.8 mi	37.1% (±10.4 points)	Lower
Cudjoe Key	19 mi	20.8% (±7.6 points)	Lower
Big Pine Key	27 mi	11.7% (±4.3 points)	Lower
Marathon	49 mi	39.8% (±4.5 points)	Lower
Key Colony Beach	49 mi	31.9% (±17.2 points)	Lower
Layton	63 mi	28.1% (±19.4 points)	Lower
Islamorada	83 mi	15.5% (±5.0 points)	Lower

Nearby places with a measurably lower figure: Big Coppitt Key, FL (37.1%), Cudjoe Key, FL (20.8%), Big Pine Key, FL (11.7%).

Nearby places with a measurably higher figure: Stock Island, FL (72.4%).

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)

Showing 8 of 12 places in Monroe 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.

What you can do on Seayora in Key West

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Questions about Key West

How many renters are there in Key West?

Key West has an estimated 5,478 (±490) renting households, 50.8% of its occupied homes (2020–2024 American Community Survey).

Is renting growing in Key West?

In Key West, the share of households that rent went from 59.3% in 2015–2019 to 50.8% in 2020–2024 (−8.5 percentage points), a measurable decrease.

How big are renting households in Key West?

A renting household in Key West has 2.3 people on average, against 2.2 in an owned home.

How much do renters earn in Key West?

The median renting household in Key West, FL has an income of $64,846 (±$8,072) a year, against $119,397 for households that own their home.

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) and detailed tables (acs/acs5) for Key West city, Florida (place:36550, 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.

Request a Census API 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.