Rent by ZIP · Monroe County
Rent in Key West, FL 33040
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $2,520 (-10% vs FY2026). Renters in this ZIP code pay a median $2,167 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,740 | $1,930 | -9.8% | $1,566–1,914 | $1,260 ±$508 |
| 1 bedroom | $2,230 | $2,470 | -9.7% | $2,007–2,453 | $2,057 ±$154 |
| 2 bedrooms | $2,520 | $2,800 | -10% | $2,268–2,772 | $2,214 ±$231 |
| 3 bedrooms | $3,330 | $3,690 | -9.8% | $2,997–3,663 | $2,730 ±$328 |
| 4 bedrooms | $3,340 | $3,710 | -10% | $3,006–3,674 | $2,547 ±$1,654 |
Small Area FMRs for the Monroe County, FL. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Monroe County, FL, 2 bedrooms: $2,254.
What renters pay in 33040
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 33042 | Summerland Key | $2,620 | $2,321 |
| 33037 | Key Largo | $2,260 | $2,149 |
| 33043 | Big Pine Key | $2,260 | $2,012 |
| 33036 | Islamorada | $2,260 | $1,788 |
| 33035 | Homestead | $2,720 | $1,772 |
| 33034 | Homestead | $2,010 | $1,472 |
Fair Market Rents across Monroe County, FL · All FL counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.