Key Largo Apartment Complexes — Pros & Cons From Real Resident Reviews
2 communities reviewed · Updated Jul 2026
Key Largo's rental market is dominated by single-family homes, waterfront cottages, and condo units rather than large purpose-built apartment complexes, reflecting its identity as the gateway to the Florida Keys. Genuine multi-unit apartment communities are scarce, with most renters instead competing for houses and duplexes along US-1.
As of mid-2026, average asking rent in Key Largo runs well above the national average, and the two identifiable apartment communities here price well above $2,000/month even for modest layouts, reflecting the Keys' severe housing supply constraints.
Quick comparison
| Complex | Neighborhood | Beds | Advertised rents | Built |
|---|---|---|---|---|
| Keys Lake Villas | 2-3 BR | $2,300-$2,750+ | 2012 | |
| Playa Apartments | 1-2 BR | $2,400-$2,700+ | — |
Rents are approximate, from public listings at review time — confirm with the property.
Other
Florida renter essentials
Renters insurance is not optional here. Most Florida leases require it, and standard policies do NOT cover flood damage — that needs a separate flood policy, even in an apartment. Before signing, look up the building's flood zone on FEMA's flood map service and ask which evacuation zone it sits in.
Ask about the real monthly cost. The most common complaint in Florida apartment reviews isn't noise — it's fee stacking: valet trash, common-area electric, mandatory bulk internet, pest control, admin and tech fees. Get the full itemized monthly figure in writing before you apply.
Tour with the AC running and ask about hurricanes. Humidity control is the difference between a fine unit and a moldy one; ask how old the AC is. And ask directly how the building handled the last major storm — communities that performed well say so happily, and reviewers call out the ones that didn't.
Moving to Key Largo?
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