Studio Rent · July 2026

Studio Apartment Rent in Key Largo, FL

$1,540/mo

Median asking rent for a studio apartment in Key Largo, Florida as of July 2026. That's +48% lower than the citywide median of $2,935 and +19% above the national studio median of $1,290.

Studio median
$1,540
July 2026
vs city overall
-48%
$2,935 city median
vs national
+19%
$1,290 US median
Florida rank
#141
of 261 cities

Income needed for a studio 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 studio at the current median rent.

Annual income
$61,600
Monthly gross
$5,133
Hourly (full-time)
$29.62

Rent by apartment size in Key Largo

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

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

Cheapest cities for a studio in Florida

#CityStudio rent
1Pinewood$360
2Palatka$780
3Lake City$840
4Belleview$860
5Hernando$860
6Crystal River$865
7Treasure Island$872
8Sebring$875
9Auburndale$910
10Bartow$910
11Ocklawaha$910
12Lake Alfred$920
13Lake Placid$930
14Cape Canaveral$940
15Freeport$940

Most expensive cities for a studio in Florida

#CityStudio rent
1Key Biscayne$2,560
2Weston$2,547
3Doral$2,450
4Aventura$2,390
5Loxahatchee$2,380
6Parkland$2,365
7Windermere$2,360
8Lithia$2,350
9Coral Gables$2,235
10West Miami$2,220
11Pembroke Pines$2,220
12Miami Beach$2,203
13Royal Palm Beach$2,178
14The Hammocks$2,170
15Apollo Beach$2,170

Nearby cities — studio rent

Considering nearby alternatives? 2 of these cities have cheaper studio rents than Key Largo.

CityDistanceStudio rentvs Key Largo
Florida City, FL16.7 mi$1,520$-20 (-1%)
Homestead, FL17.3 mi$1,625+$85 (+6%)
Cutler Bay, FL23.6 mi$1,660+$120 (+8%)
The Crossings, FL29.4 mi$2,110+$570 (+37%)
The Hammocks, FL30 mi$2,170+$630 (+41%)
Pinecrest, FL31.1 mi$2,050+$510 (+33%)
Islamorada, FL31.7 mi$1,470$-70 (-5%)
Coral Gables, FL36.1 mi$2,235+$695 (+45%)
West Miami, FL37.1 mi$2,220+$680 (+44%)
Key Biscayne, FL37.3 mi$2,560+$1,020 (+66%)
Fountainbleau, FL37.7 mi$1,825+$285 (+19%)
Miami, FL39.4 mi$1,893+$353 (+23%)

Studio rent in Key Largo — common questions

How much is a studio apartment in Key Largo?

As of July 2026, the median studio apartment rent in Key Largo, Florida is $1,540 per month. This is +48% below the citywide median of $2,935.

What income do you need to afford a studio in Key Largo?

Using the standard 30% rent-to-income rule, you would need an annual income of about $61,600 ($5,133/month gross), which works out to roughly $29.62/hour at a full-time job.

Is Key Largo expensive for a studio compared to the rest of the US?

Key Largo's studio median of $1,540 is +19% above the national studio median of $1,290. It ranks in the 67th percentile of US cities tracked.

How does Key Largo rank for studio rent in Florida?

Among the 261 cities in Florida with studio data, Key Largo ranks #141 from cheapest to most expensive.

Are there cheaper studio options near Key Largo?

Yes — nearby cities with cheaper studio rents include Florida City ($1,520), Islamorada ($1,470).

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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.