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Key Largo, FL
Full City Profile · Florida · Miami-Dade County County
2.9
/5.0
C+
Fair
12,069
Population
1,002/sq mi density
$78,906
Median Income
$50,950 per capita
$626,300
Home Value
$1,052,735 Zillow
$1,889
Median Rent
31.6% income on rent
78°F
Avg Temperature
330 sunny days/yr
2,772
Violent Crime/100K
9,039 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
A+
Economy
4.5 / 5.0
$78,906 median income, 2.6% unemployment
C
Affordability
2.2 / 5.0
$626,300 home value, $1,889/mo rent
F
Safety
1.0 / 5.0
2,772 violent crimes/100K (629% above avg)
A
Education
4.0 / 5.0
37.6% bachelor's degree or higher
Housing Overview
Median Home Value
$626,300
122% above
US avg: $281,900
Median Rent
$1,889/mo
62% above
US avg: $1,163/mo
Homeownership Rate
76.2%
17% above US avg (65.4%)
Total Housing Units
8,581
Median year built: 1985
Home Value by Source
Census Median
$626,300
Zillow (ZHVI)
$1,052,735
Median Sale Price
$825,000
Median List Price
$1,350,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.2%
Owner-Occupied
23.8%
Renter-Occupied
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:
$1,889/mo
· Zillow rent:
$3,119/mo
Market Indicators (Redfin)
Median Days on Market
106 days
Sale-to-List Ratio
0.9%
Buyers market
Homes Sold
21
Price Drops
33.7%
of listings with price reduction
Price Per Sq Ft
$509
Active Inventory
211
homes for sale
Affordability & Housing Stock
Rent Burden
31.6%
of renters spending 30%+ of income on housing
2% above US avg (31.0%)
Median Year Built
1985
Average age of housing stock: 41 years
Homeownership Rate
76.2%
Complete Housing Data
Home Values
| Census Median Value | $626,300 |
| Zillow Home Value (ZHVI) | $1,052,735 |
| Median Sale Price | $825,000 |
| Median List Price | $1,350,000 |
| Price Per Sq Ft | $509 |
Rent
| Census Median Rent | $1,889 |
| Zillow Rent (ZORI) | $3,119 |
| 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 Market | 106 |
| Sale-to-List Ratio | 0.9% |
| Price Drops | 33.7% |
| Homes Sold | 21 |
| Active Inventory | 211 |
| Price Per Sq Ft | $509 |
Ownership & Stock
| Owner-Occupied | 76.2% |
| Renter-Occupied | 23.8% |
| Homeownership Rate | 76.2% |
| Total Housing Units | 8,581 |
| Median Year Built | 1985 |
| Rent Burden | 31.6% |