Destin, FL Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Destin is $1,965, a 7.86% decrease compared to the previous year, when the average rent was $2,133.
Studio Apartments at $1,494 offer the most budget-friendly option with 562 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 751 square feet for $1,723, balancing privacy and affordability.
Two-beedroom units at $2,107 offer 1,088 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,400 sq ft) for $2,788, suitable for larger households.
Average rent in Destin, FL
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,965 | 945 sq. ft. |
| Studio | $1,494 | 562 sq. ft. |
| 1 Bed | $1,723 | 751 sq. ft. |
| 2 Beds | $2,107 | 1,088 sq. ft. |
| 3 Beds | $2,788 | 1,400 sq. ft. |
Destin, FL rent trends
Rental prices in Destin, FL have decreased by 7.86% over the past year. The average rent moved from $2,133 to $1,965.
What's the typical rent budget in Destin, FL?
The largest share of rentals in Destin, FL (54%) fall between $1,501-$2,000 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Destin, FL?
1,873 or 30% of the households in Destin, FL are renter-occupied while 4,333 or 70% are owner-occupied.
How Destin Compares to Other Cities
| City | Average Rent |
|---|---|
| Destin | $1,965 |
| Miami | $2,721 |
| Jacksonville | $1,495 |
| Tampa | $2,009 |
| Kissimmee | $1,821 |
| Fort Myers | $1,758 |
| Orlando | $1,802 |
| Cape Coral | $1,705 |
| Fort Lauderdale | $2,727 |
| St. Petersburg | $2,028 |
| West Palm Beach | $2,407 |
| Pensacola, FL | $1,457 |
| Panama City Beach, FL | $1,750 |
| Panama City, FL | $1,551 |
| Fort Walton Beach, FL | $1,610 |
| Milton, FL | $1,428 |
| Lynn Haven, FL | $1,561 |
| Niceville, FL | $2,075 |
| Callaway, FL | $1,398 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Destin apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.