The Most Affordable Neighborhoods in Key Largo, FL by Home Value

 

Key Largo, FL Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Key Largo area can be challenging. Home prices in Key Largo are now at a median cost of $627,321, higher than the Florida average of $278,762.

The average cost of rent is $1,674/mo in Key Largo, primarily driven by the current value of real estate in the Key Largo area. While nearly 60.54% of residents own their homes outright in Key Largo, 22.81% rent.

Housing affordability isn’t just about home prices, though. The average household income in Key Largo is $5,862 per month. Households that rent pay about 28.56% of their income on rent here. Key Largo's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the city.


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