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Studio Apartment for Rent in Key Largo, FL

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    $1,800

    Total Monthly Price

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • House for Rent

    322 Little Miss Muffett Ln, Key Largo, FL 33037

    Live, play, and work in the Florida Keys. A like new ground floor fully furnished private room located in Key Largo. Move in today. Quiet community. Close to shopping, great restaurants, schools, hospital and more. Enjoy the view of the passing boats in the canal as they head out for a day full of fun. Relax in the hammock or get out on the water. Rent includes internet, utilities, cable TV.

    322 Little Miss Muffett Ln, Key Largo, FL 33037

Why Live in Key Largo

Key Largo, Florida, known as “The Diving Capital of the World,” is an island community 18 miles from the Florida mainland and 60 miles south of Miami. This area is a haven for boaters, anglers, and adventure seekers, offering a blend of nautical adventures and an Old Florida Bohemian vibe. Recreation and tourism drive the local economy, with attractions such as fishing charters, snorkeling, diving expeditions, and the renowned John Pennekamp Coral Reef State Park, which features vibrant reefs, glass-bottom boat tours, and the underwater Christ of the Abyss statue. Housing options range from cozy cottages to multimillion-dollar waterfront estates, many with private boat docks, as well as condos and contemporary townhouses. However, homebuyers should be aware of the severe risk of flooding and wind damage during hurricane season, which affects insurance rates. Dining and nightlife are vibrant, with popular spots like Jimmy Johnson's Big Chill and The Fish House, along with the late-night Caribbean Club. Key Largo is served by the Monroe County School District, with Coral Shores High School being the top-rated institution. The Overseas Highway connects the island to mainland Florida, though traffic can be heavy during holidays. The Monroe County Sheriff's Office provides law enforcement services, but specific crime statistics for Key Largo are not available.

Frequently Asked Questions

How much does it cost to rent a home in Key Largo, FL?
The median rent for a home in Key Largo, FL is $3,500 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.
How much do you need to make to afford rent in Key Largo, FL?
To comfortably afford the median rent in Key Largo, FL, a household needs to earn roughly $140,000 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 $3,500 per month in Key Largo, FL, renters typically need to show $10,500 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 Largo, FL?
In Key Largo, FL, the price-to-rent ratio is 23.0, 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
1
Median Rent
$3,500
Median Single Family Home Rent
$3,500
Median Townhouse Rent
$3,900
Median Condo Rent
$3,200
How to Rent a Home