Fort Walton Beach, FL Rental Market Trends
Highlights
The average rent for an apartment in Fort Walton Beach is $1,119, a 16% increase compared to the previous year, when the average rent was $961.
Average Rent in Fort Walton Beach, FL
Last updated September 2019
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,119 | 16% | 922 sq. ft. |
The average size for a Fort Walton Beach, FL apartment is 922 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Fort Walton Beach, FL Apartment Rent Ranges
- $501-$7004%
- $701-$1,00044%
- $1,001-$1,50040%
- $1,501-$2,00012%
Fort Walton Beach, FL Occupied Housing Units
- Renter-occupied Households42%
- Owner-occupied Households57%
3,877 or 42% of the households in Fort Walton Beach, FL are renter-occupied while 5,254 or 57% are owner-occupied.
Fort Walton Beach, FL Rent Trends
| Average Rent | Jul / 2016 | Nov / 2016 | Mar / 2017 | Jul / 2017 | Nov / 2017 | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Sep / 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fort Walton Beach, FL | $933 | $933 | $938 | $959 | $979 | $961 | $961 | $1,051 | $1,066 | $1,119 |
| National | $1,343 | $1,351 | $1,347 | $1,379 | $1,382 | $1,385 | $1,420 | $1,428 | $1,432 | $1,467 |
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How Does Fort Walton Beach Compare to Nearby Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Fort Walton Beach | $1,119 | 16% |
| Crestview | $1,104 | 15% |
| Wright | $1,212 | 19% |
| Ocean City | $1,212 | 19% |
| Cinco Bayou | $912 | 9% |
| Destin | $1,605 | 17% |
| Lake Lorraine | $1,005 | 16% |
| Mary Esther | $892 | 3% |
| Niceville | $953 | 23% |
For more information about the Fort Walton Beach rental trends, check out our monthly rent report
Cheapest Listings on RENTCafé
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Fort Walton Beach apartment buildings 50 units or larger. Yardi Matrix covers ~90% of the U.S. metro area population, including ~17 million apartments across more than 130 U.S. markets.