Real Estate Investing in Marathon, Florida (33050)

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

Monroe County • Population: 10,586 • Data updated: September 2026

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Should you buy in 33050 (Marathon, FL)? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (47/100)

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

📈 For Investors
MIXED
3.0 / 5 (52/100)

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: 40.9% of homes vacant — above national norms.

What’s happening in Marathon, FL (33050)?

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3.0/ 5

Investability

Overall investment appeal

3.0/ 5

Appreciation

Long-term value growth

4.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $831,118
Avg Monthly Rent $5,766
1% Rule ✗ Does Not Meet
Median Income $74,487
% Renters 45.6%

Market Analysis: 33050 Marathon

ZIP 33050 inside Monroe County looks affordable on the surface — median value of $831K — but the discount exists for reasons that a careful buyer should understand before committing.

Rent of $5,766/mo on a $831K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 33050 sits below the stated 0.0% once reality is priced in.

Nearby ZIPs in Marathon have seen price recovery that 33050 has not matched. Monroe County data supports the view that the spread is structural rather than temporary.

Resident income in 33050 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.

Experienced landlords with local relationships tend to find 33050 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in Marathon:

C Below Average
Buy Confidence Score: 58/100
Affordability
0/25
Appreciation
22/25
Stability
11/20
Timing
10/15
Rental backup
15/15
Affordability
Expensive
Homes cost 11.2× the median income
Value Trend
Declining (-0.2%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $5,766/mo if you need to move
Market Conditions
COOL
More inventory, negotiating room for buyers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
❄️
COOL MARKET
Key West, FL Metro Area
More inventory, negotiating room for buyers
142 days
Average time to sell
Slow
5.0%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Key West, FL metro data
🏠

Property Strategy for 33050

Which property type performs best in this market?

Best for Cash Flow
1BR
3.5% cap rate
Best for Appreciation
5BR
+12.8% 5yr CAGR
Best Overall Value
3BR
$328,301/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
1BR $362,195 $1,780 3.5% +6.6% $362,195
2BR $659,186 $2,050 2.2% +6.9% $329,593
3BR $984,902 $2,730 2.0% +9.1% $328,301
4BR $1,730,398 $3,010 1.3% +12.4% $432,599
5BR $2,574,801 +12.8% $514,960

Market Trends

Home Value History (with trend line)

$922K$822K$721K$621K$521K$421KFeb 2016May 2021Jul 2026

Rent History (with trend line)

$5,995$5,330$4,665$4,001$3,336$2,671Apr 2026Jun 2026Jul 2026

📊 How Does 33050 Compare?

Metric 33050 Marathon Key West, FL Florida
Home Value $831,118 $831,118 N/A $374,697
5-Year CAGR 5.1% 5.1% N/A 7.4%
Avg Rent $5,766 $5,766 N/A -
Cap Rate 5.4% 5.4% - -
💡 Why Invest in 33050? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

A healthy rental market with 46% renter-occupied households ensures tenant availability.

📊 See where this ZIP ranks in our Best-of lists →
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 ZIP 33050 (Marathon, FL). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
5.4%
Fair
5yr Growth
+5.1%
Moderate

📉 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 →

📊 Market Snapshot

Home Value $831,118
Monthly Rent $5,766
Price-to-Rent 12.0:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 8.3%
Cap Rate 5.4%
5-Year IRR 10.5%

📈 Home Appreciation

1-Year -0.2% ▼
3-Year CAGR -1.6% ▼
5-Year CAGR +5.1% ▲
10-Year CAGR +5.7% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 5.4%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.4%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
40.9%
Elevated risk
Landlord Climate
5.0/5
Friendly
Value Trend (5yr)
+5.1%
Stable
Eviction process: Fast Rent control: Favorable

Demographics in 33050

Population: 10,586

💰 Median Household Income
$74,487
This area
$74,487
State
$70,737
USA
$74,580
🏠 Renter Occupied
45.6%
This area
45.6%
State
29.9%
USA
34.0%
💼 Unemployment Rate
3.9%
This area
3.9%
State
-18.0%
USA
3.7%
🎓 College Educated
31.6%
This area
31.6%
State
4.7%
USA
33.7%
👤 Median Age
49.1 years
This area
49.1 years
State
16.0 years
USA
38.9 years
🏚️ Vacancy Rate
40.9%
This area
40.9%
State
17.2%
USA
10.5%
👥 Population by Ethnicity
White 74.4%
Other/Mixed 20.5%
Hispanic/Latino 18.3%
Black/African American 4.4%
Asian 0.7%
👶 Under 18
17.9%
This area
17.9%
USA
22.0%
👴 65 and Over
22.9%
This area
22.9%
USA
17.3%
📊 Poverty Rate
5.9%
This area
5.9%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Schools in 33050

A Avg School Grade
2 Schools
14.4:1 Avg Class Size
$19,152 Avg Per Pupil

Schools in This ZIP Code

A+ Excellent

STANLEY SWITLIK ELEMENTARY SCHOOL

📚 Pre-K – 05 Elementary
👥
593 Students
👨‍🏫
13.6:1 Class Size
💰
$19,152 Per Student
A Very Good

MARATHON SCHOOL

📚 06 – 12 High School
👥
772 Students
👨‍🏫
15.1:1 Class Size
💰
$19,152 Per Student
About Repit School Scores

Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.

We evaluate schools based on factors that research shows actually impact educational outcomes:

  • Class Size — Smaller classes mean more individual attention
  • School Funding — Resources available for programs, staff, and facilities
  • Community Factors — Neighborhood characteristics that influence student success
  • School Environment — Size, type, and structure

Scores are updated annually using federal education data.

Frequently Asked Questions

Should investors worry about vacancy in Marathon, FL?

Vacancy risk in Marathon, FL is elevated. That supports consistent cash flow for typical rental holds.

How much do tenants pay in Marathon, FL?

Investors in Marathon, FL typically see rents near $5,766/mo per month against $831K home values - a solid setup for rental cash flow.

How do experienced investors play Marathon, FL?

For Marathon, FL, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Is house hacking profitable in Marathon, FL?

The a challenging house-hack environment in Marathon, FL reflects the rent-to-price spread. Expect meaningful PITI offset at market rents.

Is Marathon, FL a good place for real estate investing?

With a 3.0/5 investability score, Marathon, FL ranks as a solid market for rental property investors. Median prices of $831K and rents of $5,766/mo drive the underlying numbers.

You know 33050 now. You don’t know where it ranks.

This page stays free — all of it. What one page can’t tell you is how 33050 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.

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