2-Bedroom Rent · July 2026

2-Bedroom Apartment Rent in Key Largo, FL

$2,240/mo

Median asking rent for a 2-bedroom apartment in Key Largo, Florida as of July 2026. That's +24% lower than the citywide median of $2,935 and +35% above the national 2-bedroom median of $1,655.

2-Bedroom median
$2,240
July 2026
vs city overall
-24%
$2,935 city median
vs national
+35%
$1,655 US median
Florida rank
#210
of 282 cities

Income needed for a 2-bedroom in Key Largo

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$89,600
Monthly gross
$7,467
Hourly (full-time)
$43.08

Rent by apartment size in Key Largo

Compare Key Largo's median rent across every apartment size.

Studio
$1,540
1-Bedroom
$1,870
2-Bedroom (current)
$2,240
3-Bedroom
$2,980
4+ Bedroom
$3,290

Cheapest cities for a 2-bedroom in Florida

#City2-Bedroom rent
1Valparaiso$892
2Polk City$952
3Bunnell$999
4Palatka$1,030
5Hernando$1,090
6Lake City$1,110
7Ave Maria$1,115
8Crystal River$1,115
9Auburndale$1,130
10Bartow$1,130
11Lake Alfred$1,130
12Belleview$1,140
13Lake Wales$1,170
14Homosassa$1,190
15Ocklawaha$1,190

Most expensive cities for a 2-bedroom in Florida

#City2-Bedroom rent
1Highland Beach$3,501
2Key Biscayne$3,490
3Weston$3,440
4Doral$3,340
5Aventura$3,260
6Parkland$3,195
7Loxahatchee$3,180
8Coral Gables$3,045
9Miami Beach$3,003
10Pembroke Pines$3,000
11Lithia$2,970
12The Hammocks$2,960
13Bal Harbour$2,910
14Plantation$2,893
15The Crossings$2,870

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Key Largo.

CityDistance2-Bedroom rentvs Key Largo
Florida City, FL16.7 mi$2,100$-140 (-6%)
Homestead, FL17.3 mi$2,228$-12 (-1%)
Cutler Bay, FL23.6 mi$2,260+$20 (+1%)
The Crossings, FL29.4 mi$2,870+$630 (+28%)
The Hammocks, FL30 mi$2,960+$720 (+32%)
Pinecrest, FL31.1 mi$2,790+$550 (+25%)
Islamorada, FL31.7 mi$2,130$-110 (-5%)
Coral Gables, FL36.1 mi$3,045+$805 (+36%)
West Miami, FL37.1 mi$2,448+$208 (+9%)
Key Biscayne, FL37.3 mi$3,490+$1,250 (+56%)
Fountainbleau, FL37.7 mi$2,485+$245 (+11%)
Miami, FL39.4 mi$2,584+$344 (+15%)

2-Bedroom rent in Key Largo — common questions

How much is a 2-bedroom apartment in Key Largo?

As of July 2026, the median 2-bedroom apartment rent in Key Largo, Florida is $2,240 per month. This is +24% below the citywide median of $2,935.

What income do you need to afford a 2-bedroom in Key Largo?

Using the standard 30% rent-to-income rule, you would need an annual income of about $89,600 ($7,467/month gross), which works out to roughly $43.08/hour at a full-time job.

Is Key Largo expensive for a 2-bedroom compared to the rest of the US?

Key Largo's 2-bedroom median of $2,240 is +35% above the national 2-bedroom median of $1,655. It ranks in the 78th percentile of US cities tracked.

How does Key Largo rank for 2-bedroom rent in Florida?

Among the 282 cities in Florida with 2-bedroom data, Key Largo ranks #210 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Key Largo?

Yes — nearby cities with cheaper 2-bedroom rents include Florida City ($2,100), Homestead ($2,228), Islamorada ($2,130).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Key Largo, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (July 2026) and exclude cities with median rent below $400 or above $20,000.