Fort Walton Beach, 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 Fort Walton Beach is $1,610, a 2.43% decrease compared to the previous year, when the average rent was $1,651.
Studio Apartments at $965 offer the most budget-friendly option with 293 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 671 square feet for $1,411, balancing privacy and affordability.
Two-beedroom units at $1,699 offer 1,015 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,298 sq ft) for $1,976, suitable for larger households.
Average rent in Fort Walton Beach, FL
Last updated: November 18, 2025
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,610 | 907 sq. ft. |
| Studio | $965 | 293 sq. ft. |
| 1 Bed | $1,411 | 671 sq. ft. |
| 2 Beds | $1,699 | 1,015 sq. ft. |
| 3 Beds | $1,976 | 1,298 sq. ft. |
Fort Walton Beach, FL rent trends
Rental prices in Fort Walton Beach, FL have decreased by 2.43% over the past year. The average rent moved from $1,651 to $1,610.
What's the typical rent budget in Fort Walton Beach, FL?
The largest share of rentals in Fort Walton Beach, FL (50%) 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 Fort Walton Beach, FL?
3,521 or 40% of the households in Fort Walton Beach, FL are renter-occupied while 5,218 or 60% are owner-occupied.
How Fort Walton Beach Compares to Other Cities
| City | Average Rent |
|---|---|
| Fort Walton Beach | $1,610 |
| Miami | $2,721 |
| Jacksonville | $1,495 |
| Tampa | $2,009 |
| Kissimmee | $1,821 |
| Fort Myers | $1,758 |
| Fort Lauderdale | $2,727 |
| Orlando | $1,802 |
| Cape Coral | $1,705 |
| St. Petersburg | $2,028 |
| West Palm Beach | $2,407 |
| Panama City Beach, FL | $1,750 |
| Pensacola, FL | $1,457 |
| Panama City, FL | $1,551 |
| Destin, FL | $1,965 |
| Milton, FL | $1,428 |
| Lynn Haven, FL | $1,561 |
| Niceville, FL | $2,075 |
| Orange Beach, AL | $1,782 |
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 Fort Walton Beach 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.