RentDataNowRentDataNow
City Report · FL

Summerland Key

·6th most expensive in Florida·One of the pricier rental markets in the US
Median rent (all units)
$5,817/mo
Year-over-Year
Stable
Month-over-Month
-11.5%
vs US Median
+$3,852
Falling (Monthly)
Be the first to discuss Summerland Key rents ↓
Most AffordableMost Expensive
Summerland Key · $5,817
More expensive than 99% of US cities · National median $1,965/mo
Affordability
97% of income
EXPENSIVE
0%30% benchmark60%+

At $5,817/mo, rent takes about 97% of the US median household income, well above the 30% benchmark.

Income to afford
$233,000/yr
US median income
$72,000/yr
Based on the 30%-of-income rule using Summerland Key's median rent and household income. See the full affordability breakdown →
Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$69,804/yr
At $5,817/mo median
Rent Market Meter
Strong Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.
Based on rent-price momentum (+0.0% YoY, -11.5% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Community

Discussions about Summerland Key

No discussions yet. Start the conversation.

View Summerland Key rent history (2015–2026) →
Salary vs rent

Can you afford rent in Summerland Key on your salary?

At $5,817/mo, how Summerland Key rent compares to typical pay (30% rule).

Local insights

Tips for renters in Summerland Key

About renting in Summerland Key, FL

Last updated: July 20, 2026

The median rent in Summerland Key is $5,817/mo as of July 2026.

At 97% of estimated US median household income ($72,000/yr), Summerland Key ranks as expensive compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Summerland Key an affordable city for renters?

Summerland Key is considered expensive for renters. At $5,817/mo, rent takes approximately 97% of the US median household income ($72,000/yr). The standard benchmark is 30%. Summerland Key significantly exceeds that threshold, making it challenging for many renters.

How much income do you need to rent in Summerland Key?

To keep rent at or below 30% of gross income, you would need to earn at least $233,000/year (~$112/hour full-time) to afford the median rent of $5,817/mo in Summerland Key.

Is rent going up or down in Summerland Key?

Rent in Summerland Key has been relatively stable over the past year, with a 0.0% change year over year as of July 2026.

How does Summerland Key rent compare to other cities in Florida?

Summerland Key is one of the pricier cities in Florida for rent, ranking #6 out of 288 tracked cities at $5,817/mo.

Which nearby cities are cheaper to rent in than Summerland Key?

Several nearby cities have lower median rents than Summerland Key ($5,817/mo): Marathon ($2,900/mo), Key West ($3,351/mo), Big Pine Key ($5,500/mo).

How does Summerland Key rent compare to the national average?

Summerland Key's median rent of $5,817/mo is $3,852 (196%) above the US national median of $1,965/mo. Within Florida, it ranks #6 out of 288 tracked cities.
Income Affordability
97%
EXPENSIVE

At $5,817/mo, rent takes ~97% of US median household income ($72,000/yr). The standard benchmark is 30%.

Summerland Key 97%Benchmark 30%
State income taxNone
Run the Summerland Key affordability calculator →
Lowest-rent ZIP codes in Summerland Key
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Summerland Key, FL

Recent submissions

Be the first to submit your rent for Summerland Key.

Recent discussions

No discussions yet.