Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Fort Walton Beach, FL Rental Market Trends
What is the average rent in Fort Walton Beach?
The average rent for an apartment in Fort Walton Beach is $1,212, a 4% increase compared to the previous year, when the average rent was $1,165.
Average Rent in Fort Walton Beach, FL
Last updated June 2021
| Average Rent | Y-o-Y Change | Average Apartment Size |
|---|---|---|
| $1,212 | 4% | 972 sq. ft. |
What is the average apartment size in Fort Walton Beach?
The average size for a Fort Walton Beach, FL apartment is 972 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. 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-$1,00026%
- $1,001-$1,50046%
- $1,501-$2,00024%
Fort Walton Beach, FL Occupied Housing Units
- Renter-occupied Households43%
- Owner-occupied Households56%
4,054 or 43% of the households in Fort Walton Beach, FL are renter-occupied while 5,326 or 56% are owner-occupied.
Fort Walton Beach, FL Rent Trends
| Average Rent | Mar / 2018 | Jul / 2018 | Nov / 2018 | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Jun / 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fort Walton Beach, FL | $961 | $961 | $1,051 | $1,066 | $1,119 | $1,140 | $1,165 | $1,176 | $1,195 | $1,212 |
| National | $1,314 | $1,345 | $1,354 | $1,358 | $1,390 | $1,397 | $1,400 | $1,392 | $1,396 | $1,407 |
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How Fort Walton Beach Compares to Other Cities
| Average Rent | Y-o-Y Change | |
|---|---|---|
| Jacksonville | $1,196 | 8% |
| Tampa | $1,451 | 7% |
| Miami | $1,774 | 4% |
| Orlando | $1,444 | 2% |
| Kissimmee | $1,363 | n/a |
| Mobile | $938 | 11% |
| Daphne | $1,073 | 6% |
| Pensacola | $1,133 | 9% |
| Panama City Beach | $1,427 | 1% |
| Fort Walton Beach | $1,212 | 4% |
| Panama City | $1,126 | 1% |
Most Popular Apartments in Fort Walton Beach
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 ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.