Property Managers in Key West, FL
Compare top property management companies in Key West, FL. Review services and vetting status, then reach out or request a free quote.
Rental market in Key West: above-average rents
Three-bedroom rents in Key West run about 55% above the national average, a clear premium over the national norm. The numbers also show vacancy near 37.3%, Census rent up about 22.9% over five years, and a population of 81,860, up 8.0% over five years. The typical home is valued near $780,600, and the median household earns about $87,738 a year, with renters spending a median 37.1% of income on rent.
Market at a glance
Rents & affordability
People & households
Housing stock
Jobs
A professional property manager in Key West generally handles pricing, marketing, tenant screening, rent collection, and maintenance. About 65.0% of local housing is single-family, a common focus for rental owners. With vacancy near 37.3%, rent positioning and days on market can shape your return. Area unemployment is 4.6% as of August 2026. Review the managers listed and reach out for a quote.
Pricing shown is long-term residential, not short-term or vacation. Non-residential and commercial rents follow the same local direction as a rule, so the residential deviations above give you a fair read.
Frequently asked questions
How do rents in Key West compare to the national average?
Compared with the U.S. average: two-bedroom +55%, three-bedroom +55%, four-bedroom +51%. Each figure compares a bedroom size to the typical U.S. rent, not a rent we set.
How strong is rental demand in Key West?
Renters make up 34.2% of the housing, and the population of 81,860 grew 8.0% over five years. Vacancy runs near 37.3%.
Are rents rising in Key West?
Census median gross rent rose about 22.9% over the last five years.
Is Key West a good market for rental property?
This is a softer market, where competitive pricing and low vacancy make the difference. Renters make up 34.2% of households and vacancy sits near 37.3%. Three-bedroom rents run about 55% above the national average, and rents rose about 22.9% over five years.
Rent shown as a deviation from the typical U.S. rent, a national average weighted by renter population, from HERO and HUD reference data. Demographics, population, and rent trend from the U.S. Census Bureau ACS 2020-2024 5-year estimates at the county level, with the five-year trend measured against the 2015-2019 estimates. Unemployment from the U.S. Bureau of Labor Statistics (August 2026).

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