Real Estate Investing in Monroe County, Florida

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

4 ZIP codes • Population: 60,876

Should you buy in Monroe County, FL? Our answer, based on the numbers below.

🏠 For Homebuyers
WEAK FIT
Grade F (37/100)

Multiple negative signals. Better options likely exist nearby.

πŸ“ˆ For Investors
WEAK
2.8 / 5 (44/100)

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

⚠️ Risks to Know
1 flag
  • High vacancy: 33.3% of homes vacant β€” above national norms.

What’s happening in Monroe County, FL?

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2.8/ 5

Investability

County-wide average

3.0/ 5

Appreciation

5.0% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability β˜…β˜…β˜…β˜…β˜…
Avg Home Value $936,329
Avg Monthly Rent $3,598
ZIP Codes 4

Investing in Monroe County Real Estate

Across Monroe County's 4 ZIPs, the picture is tepid β€” soft rents, slow appreciation, and demographic headwinds that don't obviously reverse in the medium term.

The investment case for Monroe County is difficult to make on screen data alone. better suited elsewhere for a 2.8 rating and cap rates that appear attractive only until real vacancy is underwritten.

The 0% renter share in Monroe masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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

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Avg Home Value
$936,329
Avg Monthly Rent
$3,598
1% Rule
βœ— Below
Landlord Friendly (FL)
β˜…β˜…β˜…β˜…β˜…

πŸ“‰ Market Crash Risk Index

Based on Key West, FL metro

5/10
Elevated Risk
Price YoY
0/3
N/A
Rent YoY
0/2
N/A
Below List
3/3
89%
Days Pending
2/2
142 days

View all metro crash risk rankings β†’

πŸŽ“ Colleges & Universities in Monroe County

1 College 854 Students 234 Off-Campus Renters
C
The College of the Florida Keys
4-Year Public Β· 854 students
πŸ“ ~234 students rent off-campus

Cities in Monroe County

ZIP Codes in Monroe County, FL

Screen every market in Monroe County

Filter this county’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo). Add weekly alerts when these markets move with Investor Pro+.

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Frequently Asked Questions About Monroe County

What are home prices like in, FL?

Homes in, FL typically sell near $936K. Prices have moved at a 0.0% 5-year CAGR, which measured long-term demand.

What kind of tenants rent in, FL?

Tenant demand in, FL is solid. The local workforce $3,598/mo rents across most rental classes.

How strict are landlord regulations in, FL?

, FL falls under FL landlord-tenant law, which is tenant-protective. That backdrop makes day-to-day property management reasonable.

Do landlords face vacancy issues in, FL?

Occupancy in, FL runs even-keeled with elevated vacancy. Well-priced units at $3,598/mo lease on reasonable timelines.

Community Ratings

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