What is the median rent in Fort Walton Beach, FL?

Name: Median rent in Fort Walton Beach, FL, 2020–2024
Creator: US Census Bureau
License: https://www.census.gov/data/developers/about/terms-of-service.html

The median gross rent in Fort Walton Beach, FL is $1,307 (±$70) a month, according to the US Census Bureau’s 2020–2024 American Community Survey.

That is across 3,311 rented homes; gross rent is the contract rent plus the utilities and fuels a renter pays separately.

In Fort Walton Beach, the median gross rent went from $988 in 2015–2019 to $1,307 in 2020–2024 (+32.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

Figures last updated on November 12, 2026.

Median gross rent: $1,307 (±$70)
Rented homes: 3,311 (±338)
$2,000 or more: 11.8%
Since 2015–2019: +32.3%

How much rent costs in Fort Walton Beach

Share of rented homes in each gross-rent range, 2020–2024
Monthly gross rent	Fort Walton Beach	Okaloosa County	Florida	United States
Less than $500	7.3% (±3.5 points)	3.4%	3.6%	6.3%
$500 to $999	17.1% (±5.4 points)	11.4%	10.7%	20.2%
$1,000 to $1,499	43.9% (±6.9 points)	28.7%	26.0%	28.1%
$1,500 to $1,999	19.8% (±5.6 points)	29.3%	28.8%	21.1%
$2,000 to $2,499	6.8% (±3.4 points)	16.6%	17.4%	12.0%
$2,500 to $2,999	2.9% (±2.2 points)	6.6%	7.2%	5.5%
$3,000 or more	2.1% (±2.2 points)	4.0%	6.3%	6.8%

The most common range is $1,000 to $1,499, paid by 43.9% of renting households.

11.8% of rented homes in Fort Walton Beach cost $2,000 or more a month.

Fort Walton Beach against Okaloosa County, its state and the nation

Estimate (90% margin of error)
	Fort Walton Beach	Okaloosa County	Florida	United States
Median gross rent	$1,307 (±$70)	$1,612 (±$44)	$1,669 (±$5)	$1,413
Rented homes paying rent	3,311 (±338)	25,642 (±1,074)	2,716,443 (±16,958)	42,849,984

In Fort Walton Beach, median gross rent is lower than in Okaloosa County ($1,612).

It is also lower than in Florida ($1,669).

It is lower than the national figure ($1,413).

In Okaloosa County, Fort Walton Beach ranks 13 of 14 places with a published estimate, from highest to lowest median gross rent.

Statewide, it ranks 533 of 793.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How rent in Fort Walton Beach has changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
	2015–2019	2020–2024	Amount of change	Verdict
Median gross rent	$988 (±$38)	$1,307 (±$70)	+32.3%	Up after inflation
Households that rent	40.9% (±2.8 points)	38.2% (±3.7 points)	−2.7 percentage points	Not a measurable change
Rental vacancy rate	5.4% (±3.0 points)	7.9% (±4.0 points)	+2.5 percentage points	Not a measurable change

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median gross rent in places near Fort Walton Beach

Nearest places with a published estimate, compared with Fort Walton Beach
Place	Distance	Median gross rent	Compared with this place
Fort Walton Beach	—	$1,307 (±$70)	—
Cinco Bayou	0.8 mi	$1,643 (±$444)	Not measurably different
Ocean City	1.3 mi	$1,443 (±$83)	Higher
Wright	1.8 mi	$1,621 (±$89)	Higher
Mary Esther	2.4 mi	$1,699 (±$139)	Higher
Shalimar	2.6 mi	$2,551 (±$683)	Higher
Lake Lorraine	3.5 mi	$1,654 (±$151)	Higher
Eglin AFB	4.9 mi	$2,260 (±$158)	Higher
Hurlburt Field	5.8 mi	$2,151 (±$138)	Higher

Nearby places with a measurably higher figure: Ocean City, FL ($1,443), Wright, FL ($1,621), Mary Esther, FL ($1,699).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median gross rent across Okaloosa County, place by place

Rank	Place	Median gross rent
7	Lake Lorraine	$1,654 (±$151)
8	Cinco Bayou	$1,643 (±$444)
9	Wright	$1,621 (±$89)
10	Ocean City	$1,443 (±$83)
11 (tie)	Crestview	$1,366 (±$137)
11 (tie)	Valparaiso	$1,366 (±$255)
13	Fort Walton Beach	$1,307 (±$70)
14	Laurel Hill	$742 (±$165)

Showing 8 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 Fort Walton Beach

What is the average rent in Fort Walton Beach, FL?

The Census Bureau publishes the median rather than the average: the median gross rent in Fort Walton Beach is $1,307 (±$70) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.

How much has rent gone up in Fort Walton Beach?

In Fort Walton Beach, the median gross rent went from $988 in 2015–2019 to $1,307 in 2020–2024 (+32.3%).

Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.

How many rentals in Fort Walton Beach cost more than $2,000 a month?

11.8% of rented homes in Fort Walton Beach have a gross rent of $2,000 or more a month, and 7.3% cost less than $500.

Is rent in Fort Walton Beach higher than in Okaloosa County?

In Fort Walton Beach, median gross rent is lower than in Okaloosa County ($1,612).

It is also lower than in Florida ($1,669).

It is lower than the national figure ($1,413).

Is this the rent for an apartment listed today?

No: these are rents households reported paying across 2020–2024, not asking rents for vacant homes, which usually run higher.

Sources

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 Fort Walton Beach city, Florida (place:24475, in state:12).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25064_001E, B25064_001M, DP04_0047PE, DP04_0047PM, DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0134E, DP04_0134M, DP04_0126E, DP04_0126M, DP04_0127PE, DP04_0127PM, DP04_0128PE, DP04_0128PM, DP04_0129PE, DP04_0129PM, DP04_0130PE, DP04_0130PM, DP04_0131PE, DP04_0131PM, DP04_0132PE, DP04_0132PM, DP04_0133PE, DP04_0133PM

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.