Playa Apartments
21 1st Ave,
Key Largo, FL 33037
$2,259 - $3,222 | 1-2 Beds
Key Largo
Key Largo, FL
Area Guide
Get on island time in the Dive Capital of the World
Coastal
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Picturesque
•
Active
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Peaceful
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Tropical
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Perched just offshore from Florida’s mainland, Key Largo is typically the first island travelers encounter while driving through the Florida Keys. The city of Key Largo occupies the central portion of its namesake island, exuding a tropical atmosphere amidst the many suburban amenities that line U.S. 1, which serves as the commercial backbone of the community.
Nowhere in town is more than a couple of blocks from the water, so locals enjoy prime access to the island’s beaches, as well as endless opportunities for boating and fishing. Key Largo is the self-designated Dive Capital of the World, containing the world’s second-largest artificial reef, the 510-foot USS Spiegel Grove, and John Pennekamp Coral Reef State Park. The community is also just minutes away from Everglades National Park.
Key Largo’s rental offerings are incredibly diverse, ranging from swanky waterfront condos to cozy beach cottages to budget-friendly apartments. With Miami less than 90 minutes away, residents can easily take a day trip or weekend getaway to one of Florida’s most distinctive cities at any time.
Rent Trends
As of April 2025, the average apartment rent in Key Largo, FL is $2,280 for one bedroom, $2,622 for two bedrooms, and $2,935 for three bedrooms. Apartment rent in Key Largo has decreased by -3.5% in the past year.
Property Type
Average Rent
Average Sq Ft
Apartment
$2,280/month
898 Sq Ft
House
$8,581/month
1,936 Sq Ft
Transportation
37
Car-Dependent
out of 100 WalkScore® Rating
This area is considered a car-dependent area and most errands will require a car.
61
Bikeable
out of 100 BikeScore® Rating
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Schools
Public
Grades PK-8
773 Students
6
Public
Grades PK-8
773 Students
6
School data provided by
GreatSchools
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
Points of Interest
Shopping Centers
Parks and Recreation
- John Pennekamp Coral Reef State Park
- Crocodile Lake National Wildlife Refuge
Colleges
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2025.