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

 

Long Key, FL Map of Most Affordable Neighborhoods
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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 $434,200, higher than the Florida average of $278,762.

The average cost of rent is $1,904/mo in Long Key, primarily driven by the current value of real estate in the Long Key area. While nearly 77.46% of residents own their homes outright in Long Key, 27.92% rent.

Housing affordability isn’t just about home prices, though. The average household income in Long Key is $3,885 per month. Households that rent pay about 49.01% of their income on rent here. Long Key's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.


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