Key takeaways:

  • A key safe is a convenient key tracking solution for small buildings but isn’t ideal for large multifamily buildings.
  • Mounted safes must be installed by a certified installer.
  • Key safes can be used to store keys in case of lockouts, for service providers and technicians, and for guests to use shared amenity spaces.

 

Store keys in a key safe.

 

A key safe is a convenient way to track and manage keys at your property. It also offers a useful solution for storing keys securely. Key safes allow you to set aside keys for service providers and store duplicate keys for residents in case of lockouts. Further, it allows visitors to access keys to your building’s shared amenity spaces or vacant units to tour.

Read on to learn more about how to use and install a key safe. You’ll also discover the benefits of having a key tracking solution at your property. Finally, we’ll give you our picks for the top five best key safes — plus a better alternative to a key safe.

In this post we cover:

 

What are key safes?

A key safe is a durable metal box that securely stores keys in your residential or commercial building. They can be mechanical or digital and are typically unlocked with a numerical combination code. As a result, residents and guests can use them to retrieve keys and access authorized areas throughout the building.

What’s more, safes are affordable! They usually cost under $200, making them a cost-effective key storage solution for small buildings.

 

Key safe use cases

  • Store keys for maintenance personnel. A key safe allows property managers and owners to store keys for IT technicians, inspectors, plumbers, and more.
  • Allows guests to retrieve keys. Allow guests to access keys for shared amenity spaces like pools, fitness centers, or rooftops.
  • Self-guided tours. With key safes, prospective residents can retrieve a key to tour a unit without requiring assistance from a staff member.
  • Store keys for service providers. Do you use third-party services for cleaners, dog walking, or deliveries? If so, a key safe allows them to conveniently retrieve keys to access your building.
  • Store extra keys in the case of lockouts. If you have duplicates of keys, you can store these securely in a key safe. Then, if a resident gets locked out, they can get in without communicating with a staff member.

 

Learn how to conduct self-guided tours at your building:

 

Are key safes safe?

Key safes that are made of durable materials like steel alloys and fitted properly are difficult to break into and generally considered safe. The most reliable key safes fit snugly into a wall for optimal security. This discourages theft since they’re less likely to be picked or tampered with when fitted correctly.

Safes that aren’t mounted should be kept indoors in a secure area so only authorized users can access them. This will prevent unauthorized individuals from removing the safe from your building.

 

How to install a key safe

You can opt to install a safe in the brick or other exterior wall at your property. Otherwise, you can choose to mount it indoors in a reception area or lobby. It’s important to hire a certified installer to carry out this process to avoid unnecessary damage to your wall.

Installing a key safe includes:

  • Measuring the dimensions of the safe for the best fit.
  • Drilling holes into the wall.
  • Fitting the key safe with high-quality bolts.

With this in mind, it’s crucial that the safe is fitted snugly into the wall. This minimizes gaps between the safe and the exterior of your building, which will prevent people from trying to pry the key safe out of the wall.

 

Enter code for key storage.

 

Limitations of key safes

  • Can only store a limited number of keys. Most key safes store up to 10 keys, which isn’t ideal for large multifamily buildings with several units.
  • Susceptible to extreme impact. Key safes are typically made of steel but can be smashed with blunt force. So, they should always be stored in a discreet area.
  • People may share the combination. If several people know the combination to your safe, they can access the keys at any time. As a solution, you can opt to regularly change the combination on your safe. However, this is tedious and must be done manually. Further, there are a limited number of numerical combinations that you can use.
  • Only has one compartment. Because key safes don’t have multiple secure compartments like key lockers, even authorized users have access to all stored keys.

 

What’s the best key safe?

There are plenty of key safes to choose from. With so many on the market, how do you narrow down your key storage choices?

Here are the top five best key safes on the market:

  1. Global Industrial Electronic 270299: Best digital safe.
  2. Burton Keyguard XL: Best outdoor safe.
  3. Defender Push Button key safe: Best mechanical safe.
  4. Barska CB13534: Highest capacity safe.
  5. Master Lock key safe 5426EURD: Best police-approved safe.

 

Safe management.

 

1. Global Industrial Electronic 270299

Google rating 4.5/5

The Global Industrial Electronic safe is the best digital key safe on the market.

Pros:

  • Heavy-duty steel construction
  • Battery-powered lock
  • Has 48 hanging key hooks for easy access

Cons:

  • Doesn’t come with mounted screws
  • Batteries must be purchased separately
  • Pricey at $197.46

 

2. Burton Keyguard XL

Google rating 4.5/5

Are you looking for a discreet key safe for the outdoors? The Burton keyguard XL is your choice.

Pros:

  • Weatherproof
  • Police-approved
  • Easy-to-use mechanical push-button lock
  • Holds between five and seven keys
  • Bolts included for easy outdoor installation
  • Affordable at $100

Cons:

  • Small and not ideal for large properties
  • No key hooks

 

Secure storage.

 

3. Defender Push Button key safe

Google Rating 5/5

If you need a mechanical key safe, the Defender Push Button may be for you.

Pros:

  • Convenient auto-lock feature
  • Holds up to six keys
  • Weatherproof
  • Affordable at $35

Cons:

  • The cover isn’t as secure as other options

 

4. Barska CB13534

Google rating: 4.5/5

The Barska CB13534 key safe is the best choice for properties that need high-capacity safes.

Pros:

  • Holds up to 100 keys
  • Has numbered and color-coded key hooks
  • Comes with a log sheet
  • Has pre-drilled holes for quick and easy installation

Cons:

  • Pricey at $167.21

 

5. Master Lock key safe 5426EURD

Google rating: 4.5/5The Master Lock key safe is police-approved, making it among the safest choices.

Pros:

  • Affordable at $99.93
  • Police approved
  • Optimized for indoor and outdoor use
  • Digital

Cons:

  • Only holds five keys
  • Not ideal for large multifamily properties

 

Secure key management.

 

Best key safe alternative

Integrating ButterflyMX with a smart lock is the best way to modernize key management by completely eliminating the hassle of physical keys. Using the mobile app, residents and property managers can grant access remotely through Virtual Keys, PIN codes, or Bluetooth, ensuring a seamless experience. With detailed entry logs and real-time notifications, the system enhances building security. Plus, ButterflyMX works with most smart lock makes and models, making it easy to integrate into existing systems while upgrading to a smarter, keyless solution.

best smart locks cta

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Author

Tiara Sutton

Content Writer
Tiara Sutton joined the ButterflyMX team as a Content Writer in 2022. After graduating from Agnes Scott College with a degree in Political Science, she started her journey registering underrepresented communities to vote, before becoming an ESL teacher, and eventually discovering her love for freelance writing.

With a knack for translating complex ideas into compelling stories, she brings years of experience in writing and teaching where she crafts insightful content for multifamily and commercial real estate industries.

She lives in Atlanta, GA, where she enjoys writing poetry, exploring new cities, and performing at open mics. She also enjoys reading and spending time outdoors, whether hiking through nature or finding peaceful moments in a local bookstore.

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