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Affordable
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These days, finding an affordable place to live in the Long Key area can be challenging. Home prices in Long Key are now at a median cost of $703,100, higher than the Florida average of $396,783.
The average cost of rent is $2,075/mo in Long Key, primarily driven by the current value of real estate in the Long Key area. In Long Key, 24.87% of households rent, and 71.83% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Long Key is $7,280 per month. Households that rent pay about 28.50% of their income on rent here. Long Key’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Layton, FL: equally priced homes
- Plantation Key, FL: higher priced homes
- Key Colony Beach, FL: higher priced homes
- Marathon, FL: equally priced homes
- Islamorada, FL: higher priced homes
- Tavernier, FL: equally priced homes
- Rock Harbor, FL: equally priced homes
- Big Pine Key, FL: less expensive homes
- Key Largo, FL: higher priced homes
- Summerland Key, FL: higher priced homes
Cities with Similar Populations
- Strandburg, SD: less expensive homes
- Starkey Corner, MD: less expensive homes
- Starkweather, ND: less expensive homes
- State Line City, IN: less expensive homes
- Stevens Creek, VA: less expensive homes
- Stockholm Center, NY: less expensive homes
- Stockholm, SD: less expensive homes
- Stoneman Lake, AZ: less expensive homes
- Stotts Crossroads, NC: less expensive homes
- Stouchsburg, PA: less expensive homes
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