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Key Colony Beach, FL

Full City Profile · Florida · Monroe County County

3.4 /5.0
B Good
525 Population 1,193/sq mi density
$94,531 Median Income $65,101 per capita
$834,800 Home Value $851,575 Zillow
$1,849 Median Rent 35.9% income on rent
79°F Avg Temperature 330 sunny days/yr
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.8 / 5.0
$94,531 median income, 0.0% unemployment
D
Affordability
1.7 / 5.0
$834,800 home value, $1,849/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
A+
Education
4.8 / 5.0
47.6% bachelor's degree or higher

Housing Overview

Median Home Value
$834,800
196% above
US avg: $281,900
Median Rent
$1,849/mo
59% above
US avg: $1,163/mo
Homeownership Rate
69.7%
7% above US avg (65.4%)
Total Housing Units
1,191
Median year built: 1980

Home Value by Source

Census Median
$834,800
Zillow (ZHVI)
$851,575
Median Sale Price
$693,750
Median List Price
$1,099,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

69.7%
Owner-Occupied
30.3%
Renter-Occupied
70%
30%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,212/mo
1 Bedroom
$1,296/mo
2 Bedroom
$1,526/mo
3 Bedroom
$1,971/mo
4 Bedroom
$2,261/mo
Census median rent: $1,849/mo

Market Indicators (Redfin)

Median Days on Market
171 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
10
Price Drops
25.0%
of listings with price reduction
Price Per Sq Ft
$763
Active Inventory
72
homes for sale

Affordability & Housing Stock

Rent Burden
35.9%
of renters spending 30%+ of income on housing
16% above US avg (31.0%)
Median Year Built
1980
Average age of housing stock: 46 years
Homeownership Rate
69.7%

Complete Housing Data

Home Values

Census Median Value$834,800
Zillow Home Value (ZHVI)$851,575
Median Sale Price$693,750
Median List Price$1,099,000
Price Per Sq Ft$763

Rent

Census Median Rent$1,849
FMR Studio$1,212
FMR 1-Bedroom$1,296
FMR 2-Bedroom$1,526
FMR 3-Bedroom$1,971
FMR 4-Bedroom$2,261

Market

Days on Market171
Sale-to-List Ratio1.0%
Price Drops25.0%
Homes Sold10
Active Inventory72
Price Per Sq Ft$763

Ownership & Stock

Owner-Occupied69.7%
Renter-Occupied30.3%
Homeownership Rate69.7%
Total Housing Units1,191
Median Year Built1980
Rent Burden35.9%