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FL/Monroe County/KEY WEST

KEY WEST, FL

CitySAFMR
Monroe County
Found 3 ZIPs
BRFMR
Eff. Rent
0 BR$1,720 – $1,930$1,890 – $2,120
1 BR$2,210 – $2,470$2,430 – $2,640
2 BR$2,500 – $2,800$2,750 – $3,080
3 BR$3,300 – $3,690$3,630 – $4,060
4 BR$3,310 – $3,710$3,640 – $4,080
5 BR$3,806
6 BR$4,377
7 BR$5,034
8 BR$5,789

Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 2 ZIPs
0.73ratio range
Median FMR$1,720
Median Market$2,350
vs market-$630

FMR is below market; voucher rent may lag private rents.

2
Studio- 1 ZIP
0.82ratio
FMR$1,930
Market$2,350
vs market-$420

FMR is below market; voucher rent may lag private rents.

1
0.73-0.82
1 BR
1 BR- 2 ZIPs
0.81ratio range
Median FMR$2,210
Median Market$2,730
vs market-$520

FMR is below market; voucher rent may lag private rents.

2
1 BR- 1 ZIP
0.90ratio
FMR$2,470
Market$2,730
vs market-$260

FMR is near market; voucher and private rents are aligned.

1
0.81-0.90
2 BR
2 BR- 2 ZIPs
0.61ratio range
Median FMR$2,500
Median Market$4,120
vs market-$1,620

FMR is below market; voucher rent may lag private rents.

2
2 BR- 1 ZIP
0.68ratio
FMR$2,800
Market$4,120
vs market-$1,320

FMR is below market; voucher rent may lag private rents.

1
0.61-0.68
3 BR
3 BR- 2 ZIPs
0.63ratio range
Median FMR$3,300
Median Market$5,260
vs market-$1,960

FMR is below market; voucher rent may lag private rents.

2
3 BR- 1 ZIP
0.70ratio
FMR$3,690
Market$5,260
vs market-$1,570

FMR is below market; voucher rent may lag private rents.

1
0.63-0.70
4 BR
4 BR- 3 ZIPs
0.55-0.61ratio range
Median FMR$3,310
Median Market$6,050
vs market-$2,740

FMR is below market; voucher rent may lag private rents.

3
0.55-0.61
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for KEY WEST, FL (FL) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

Related ZIPs

KEY WEST, FL fair market rent benchmarks

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for KEY WEST, FL shows monthly rent benchmarks by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $2,500 and the 4 bedroom fair market rent is $3,310.

Use these values to compare bedroom-size rent benchmarks and screen a property's rent assumptions. Local housing authorities set voucher payment standards, which may be above or below published HUD FMR, so confirm the applicable authority and current schedule before underwriting a property. Read the FMR and payment-standard guide for the full verification workflow.

FY 2026 Fair Market Rent by bedroom size for KEY WEST, FL
Bedroom sizeHUD FMR
Studio$1,720
1 bedroom$2,210
2 bedroom$2,500
3 bedroom$3,300
4 bedroom$3,310