What is the rental vacancy rate in Destin, FL?
The rental vacancy rate in Destin, FL is 49.1% (±6.3 points) (2020–2024 American Community Survey).
The homeowner vacancy rate is 4.5% (±3.2 points).
7,447 (±334) homes, 54.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.
In Destin, the rental vacancy rate went from 23.0% in 2015–2019 to 49.1% in 2020–2024 (+26.1 percentage points), a measurable increase.
Figures last updated on .
- Rental vacancy rate
- 49.1% (±6.3 points)
- Homeowner vacancy rate
- 4.5% (±3.2 points)
- Vacant homes
- 7,447 (±334)
Vacancy in Destin against Okaloosa County, its state and the nation
| Destin | Okaloosa County | Florida | United States | |
|---|---|---|---|---|
| Rental vacancy rate | 49.1% (±6.3 points) | 14.3% (±1.6 points) | 7.6% (±0.2 points) | 5.5% |
| Homeowner vacancy rate | 4.5% (±3.2 points) | 1.4% (±0.6 points) | 1.4% (±0.1 points) | 0.9% |
| Vacant housing units | 7,447 (±334) | 18,453 (±935) | 1,503,660 (±20,826) | 14,547,859 |
The rental vacancy rate is the share of rental homes that are vacant and for rent; it leaves out homes already rented but not yet moved into, and seasonal homes.
In Destin, the rental vacancy rate is higher than in Okaloosa County (14.3%).
It is also higher than in Florida (7.6%).
It is higher than the national figure (5.5%).
Rental vacancy rate in places near Destin
| Place | Distance | Rental vacancy rate | Compared with this place |
|---|---|---|---|
| Destin | — | 49.1% (±6.3 points) | — |
| Eglin AFB | 6.1 mi | 3.5% (±3.2 points) | Lower |
| Lake Lorraine | 6.1 mi | 7.8% (±8.7 points) | Lower |
| Valparaiso | 6.4 mi | 0.0% (±7.4 points) | Lower |
| Shalimar | 7.2 mi | 0.0% (±33.4 points) | Lower |
| Miramar Beach | 7.7 mi | 76.7% (±8.7 points) | Higher |
| Cinco Bayou | 8.3 mi | 0.0% (±37.7 points) | Lower |
| Ocean City | 8.5 mi | 8.9% (±7.4 points) | Lower |
| Niceville | 8.6 mi | 10.0% (±7.1 points) | Lower |
Nearby places with a measurably lower figure: Eglin AFB, FL (3.5%), Lake Lorraine, FL (7.8%), Valparaiso, FL (0.0%).
Nearby places with a measurably higher figure: Miramar Beach, FL (76.7%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Rental vacancy rate across Okaloosa County, place by place
| Rank | Place | Rental vacancy rate |
|---|---|---|
| 1 | Destin | 49.1% (±6.3 points) |
| 2 | Laurel Hill | 38.2% (±38.2 points) |
| 3 | Mary Esther | 10.7% (±11.9 points) |
| 4 | Niceville | 10.0% (±7.1 points) |
| 5 | Ocean City | 8.9% (±7.4 points) |
| 6 | Hurlburt Field | 8.7% (±7.9 points) |
| 7 | Fort Walton Beach | 7.9% (±4.0 points) |
Showing 7 of 14 places in Okaloosa County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Destin
Is it hard to find a rental in Destin?
The rental vacancy rate in Destin, FL is 49.1% (±6.3 points); a low rate means few rental homes stand empty and for rent at any time, which usually means more competition for each one.
Is the rental market in Destin tighter than it was?
In Destin, the rental vacancy rate went from 23.0% in 2015–2019 to 49.1% in 2020–2024 (+26.1 percentage points), a measurable increase.
How many homes are vacant in Destin?
An estimated 7,447 (±334) housing units, 54.5% of the total, including seasonal homes and homes waiting to be sold or rented.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Destin city, Florida
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Destin city, Florida
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Destin city, Florida (place:17325, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0005E, DP04_0005M from the 2019 release.
The API needs a free key.
DP04_0005E, DP04_0005M, DP04_0004E, DP04_0004M, DP04_0003E, DP04_0003M, DP04_0003PE, DP04_0003PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
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- Population growth in Destin
- How long people stay in Destin
- Crowding and facilities in Destin
- Florida landlord and tenant rules
- Housing across Okaloosa County
- Florida places ranked by rental vacancy rate
- Housing data for every place in Florida