Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Key Biscayne area can be challenging. Home prices in Key Biscayne are now at a median cost of $1,364,105, higher than the Florida average of $278,762.
The average cost of rent is $3,216/mo in Key Biscayne, primarily driven by the current value of real estate in the Key Biscayne area. While nearly 50.99% of residents own their homes outright in Key Biscayne, 29.67% rent.
Housing affordability isn’t just about home prices, though. The average household income in Key Biscayne is $15,297 per month. Households that rent pay about 21.03% of their income on rent here. Key Biscayne's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Burlington, WA: less expensive homes
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