Real Estate Investing in Cedar Key, Florida

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 1,255 • Levy County

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Should you buy in Cedar Key, FL? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (41/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • High vacancy: 44.2% of homes vacant — above national norms.
  • 1-year downturn: Values declined 3.6% in the last year.

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

3.3% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $320,287
Avg Monthly Rent $972
ZIP Codes 1

Investing in Cedar Key Real Estate

Cedar Key (Florida) spans 1 ZIPs and roughly a sizable population. clearly the fundamentals here skew distressed, with soft rents, soft appreciation, and structural headwinds worth respecting.

Across Cedar Key's 1 ZIPs, fundamentals run sluggish: thin appreciation, soft rents, and demographic trends that don't obviously reverse in the medium term.

Rent trends and price trends in Cedar Key are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Florida.

Distressed-leaning demographics in Cedar Key — soft income growth, high rent burden, population shifts — are among the reasons the ★★★☆☆ rating sits where it does.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Gainesville, FL

Cedar Key is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in Cedar Key, FL. Anonymous, moderated, never written by AI.

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Avg Home Value
$320,287
Avg Monthly Rent
$972
1% Rule
✗ Below
Landlord Friendly (FL)

📉 Market Crash Risk Index

Based on Gainesville, FL metro

4/10
Moderate Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
2/3
73%
Days Pending
2/2
75 days

View all metro crash risk rankings →

❄️ Cool Market — Gainesville, FL metro
75
Days to pending
8.5%
Listings with price cuts
0.0%
Sale-to-list ratio
📅 Data as of August 29, 2026 — updated weekly

ZIP Codes in Cedar Key, FL

Screen every ZIP in Cedar Key

Filter Cedar Key’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Cedar Key, FL

What is the investability score for Cedar Key, FL?

With a 3.0/5 investability score, Cedar Key, FL ranks as a solid market for rental property investors. Median prices of $320K and rents of $972/mo drive the underlying numbers.

What is the average monthly rent in Cedar Key, FL?

The typical rental in Cedar Key, FL commands about $972/mo monthly. That rent profile consistent cash flow against the $320K purchase basis.

What is the median home value in Cedar Key, FL?

Cedar Key, FL home values average about $320K. That price point suits investors targeting rentals with $972/mo in monthly income.

What does house hacking look like in Cedar Key, FL?

House hacking in Cedar Key, FL is reasonable to execute. Prices around $320K and rents of $972/mo solid owner-occupant economics.

What is the best play in Cedar Key, FL?

The best-fit strategy in Cedar Key, FL is careful cash-flow rentals with hands-on management. That approach the rent and price profile of the market.

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