5

Key Colony Beach, FL Homes for Rent

Section Image
  • /20

    $7,015

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,044 Sq Ft
    • Condo for Rent

    201 E Ocean Dr Unit SI FL3-ID1545795P, Key Colony Beach, FL 33051

    The advertised rate of $7,016/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 28, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    201 E Ocean Dr Unit SI FL3-ID1545795P, Key Colony Beach, FL 33051
  • /20

    $7,015

    Total Monthly Price

    • 2 Beds
    • 2 Baths
    • 1,044 Sq Ft
    • Condo for Rent

    201 E Ocean Dr Unit SI FL3-ID1545795P, Key Colony Beach, FL 33051

    The advertised rate of $7,016/month is the lowest available price, based on a 30 day(s) stay with a move-in date of August 28, 2026.Rates vary depending on the duration of stay, season, and other parameters. For exact pricing and additional pricing components, please visit our website and enter your desired move-in and move-out dates. The rate is applicable when billed upfront; it can be

    201 E Ocean Dr Unit SI FL3-ID1545795P, Key Colony Beach, FL 33051
  • /20

    $3,700 Per Month

    • 4 Beds
    • 2 Baths
    • 1,380 Sq Ft
    • Townhouse for Rent

    360 3rd St, Key Colony Beach, FL 33051

    Welcome to easy island living in Key Colony Beach. This furnished half duplex offers approximately 1,380 sq. ft. of comfortable living space, stainless steel appliances, impact-resistant windows and doors, and a spacious backyard with patio and storage. Enjoy the relaxed Keys lifestyle with nearby beaches, bike paths, tennis courts, the Key Colony Beach par-3 golf course, Sunset Park, local

    Maria Acosta Keller Williams Capital Realty - Coral Gables

    360 3rd St, Key Colony Beach, FL 33051

Why Live in Key Colony Beach

Key Colony Beach is one of the few islands among the Florida Keys where short-term rentals are permitted, which means this area’s population fluctuates, especially in the winter. Still, this community of about 1,400 offers plenty of small-town ...

Frequently Asked Questions

How much does it cost to rent a home in Key Colony Beach, FL?
The median rent for a home in Key Colony Beach, FL is $3,700 per month, though prices vary by neighborhood, size, and property type. As of August 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.
How much do you need to make to afford rent in Key Colony Beach, FL?
To comfortably afford the median rent in Key Colony Beach, FL, a household needs to earn roughly $148,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,700 per month in Key Colony Beach, FL, renters typically need to show $11,100 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Key Colony Beach, FL?
In Key Colony Beach, FL, the price-to-rent ratio is 24.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$3,700
Median Single Family Home Rent
$3,700
Median Condo Rent
$7,015
How to Rent a Home