There were 12,221 housing units in Key
West in 1990. This is an increase of 1,355 units since 1980. Of the total
dwellings, 39 percent were single family detached residences, 54 percent
were multi-family units, 4 percent were mobile homes, and 3 percent were
boats, tents, etc. Not included in the 1990 Census figures are the 4,345
hotel, motel, guest boarding house rooms, and campground sites and
cottages in the City.
85 percent of all dwellings were occupied year-around, 8 percent were
vacant for sale or rent, and 7 percent (808) were seasonally or otherwise
used. Of the 10,424 permanently occupied units, 42 percent were
owner-occupied and 58 percent were renter-occupied. Between 1980 and 1990,
the percent of owner-occupied homes declined significantly, from 50
percent to 42 percent, while the percentage of renter-occupied units
increased from 50 to 58 percent over the same period.
are two distinguishing characteristics of housing in the City. One is age.
Only 17 percent of all housing units in Key West were built after 1970, in
contrast to 57 percent of the dwellings in Monroe County. Of all housing
stock in the city, 28 percent (3,428) were built before 1939, compared to
8 percent in Monroe County.
second major characteristic of City housing is cost. The median value of
owner-occupied housing in 1990 was $147,400 compared to the state average
of $76,400. Median gross monthly rent was $559, in contrast to the state
average of $402. In 1996 (when the average single family home sale price
was $220,300) National Association of Realtors data showed that Key West
was the fourth most expensive housing market in the United States.
Key West Planning
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