Housing data for Ocean City, FL
Ocean City, FL has an estimated 5,941 residents and 3,076 homes (US Census Bureau, 2020–2024 American Community Survey).
It is an unincorporated community in Okaloosa County.
42.3% of households rent.
The median gross rent is $1,443 a month.
Figures last updated on .
- Residents
- 5,941 (±745)
- Housing units
- 3,076 (±329)
- Households that rent
- 42.3%
- Median gross rent
- $1,443
- Residents since 2015–2019
- −4.9%
What stands out in Ocean City
Homes built before 1980: 56.0% (±9.6 points) in Ocean City, higher than in Okaloosa County (30.2%).
Working from home: 3.4% (±2.1 points) in Ocean City, lower than in Okaloosa County (9.7%).
Households that rent: 42.3% (±7.5 points) in Ocean City, higher than in Okaloosa County (31.6%).
Median household income: $59,039 (±$6,295) in Ocean City, lower than in Okaloosa County ($81,998).
- Age of homes in Ocean City
- Commute and cars in Ocean City
- Renters and owners in Ocean City
- Income and affordability in Ocean City
Housing in Ocean City at a glance
- Median rent: $1,443 median gross rent a month
- Rent by bedrooms: $1,424 median gross rent, 2 bedrooms
- Rent burden: 54.9% of renters pay 30% or more of income
- Renters and owners: 42.3% of households rent
- Income and affordability: $59,039 median household income
- Home values: $303,900 median home value
- Homeowner costs: $1,720 median monthly cost with a mortgage
- Property taxes: $2,127 median real estate taxes a year
- Types of homes: 18.2% of homes are in buildings of 5 or more units
- Bedrooms: 58.9% of homes have 3 or more bedrooms
- Age of homes: 56.0% of homes were built before 1980
- Vacancy rate: 8.9% rental vacancy rate
- Heating fuel: 65.9% heat with electricity
- Commute and cars: 25.0 minutes average trip to work
- Growth: −4.9% residents since 2015–2019
- How long people stay: 39.7% moved in since 2020
- Crowding and facilities: 7.7% of homes have more than 1 person per room
Ocean City against Okaloosa County, its state and the nation
| Ocean City | Okaloosa County | Florida | United States | |
|---|---|---|---|---|
| Residents | 5,941 (±745) | 216,599 (exact) | 22,416,077 (exact) | 334,922,499 |
| Housing units | 3,076 (±329) | 103,864 (±80) | 10,256,470 (±942) | 143,775,355 |
| Households that rent | 42.3% (±7.5 points) | 31.6% (±1.1 points) | 32.4% (±0.2 points) | 34.8% |
| Median gross rent | $1,443 (±$83) | $1,612 (±$44) | $1,669 (±$5) | $1,413 |
| Median household income | $59,039 (±$6,295) | $81,998 (±$2,764) | $74,568 (±$284) | $80,734 |
| Median home value | $303,900 (±$34,937) | $351,200 (±$6,014) | $359,000 (±$930) | $332,700 |
| Median real estate taxes (a year) | $2,127 (±$389) | $2,011 (±$85) | $2,730 (±$10) | $3,119 |
| Built before 1980 | 56.0% (±9.6 points) | 30.2% (±1.3 points) | 33.9% (±0.2 points) | 49.7% |
| Average commute | 25.0 minutes (±3.3) | 26.3 minutes (±0.7) | 28.0 minutes (±0.1) | 26.4 minutes |
| Households with broadband | 93.2% (±3.0 points) | 93.2% (±0.7 points) | 91.6% (±0.1 points) | 91.0% |
| Median age of residents | 37.6 years (±4.5) | 37.4 years (±0.3) | 42.6 years (±0.1) | 38.9 years |
Ocean City covers 1.6 square miles of land, about 3,823 residents per square mile (Census Bureau Gazetteer).
How Ocean City has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Residents | 6,249 (±713) | 5,941 (±745) | −4.9% | Not a measurable change |
| Housing units | 2,964 (±173) | 3,076 (±329) | +3.8% | Not a measurable change |
| Median gross rent | $947 (±$99) | $1,443 (±$83) | +52.4% | Up after inflation |
| Median home value | $174,800 (±$17,754) | $303,900 (±$34,937) | +73.9% | Up after inflation |
| Median household income | $47,310 (±$6,008) | $59,039 (±$6,295) | +24.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $1,566 (±$201) | $1,720 (±$110) | +9.8% | No measurable change after inflation |
| Median real estate taxes | $1,135 (±$232) | $2,127 (±$389) | +87.4% | Up after inflation |
| Households that rent | 46.5% (±5.6 points) | 42.3% (±7.5 points) | −4.2 percentage points | Not a measurable change |
| Rental vacancy rate | 5.1% (±5.0 points) | 8.9% (±7.4 points) | +3.8 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.
Places near Ocean City
| Place | Distance | Median gross rent | Median home value | Households that rent |
|---|---|---|---|---|
| Cinco Bayou | 1.2 mi | $1,643 | $348,800 | 34.7% |
| Fort Walton Beach | 1.3 mi | $1,307 | $321,800 | 38.2% |
| Shalimar | 1.5 mi | $2,551 | $476,500 | 30.0% |
| Wright | 2.1 mi | $1,621 | $306,100 | 45.9% |
| Lake Lorraine | 2.5 mi | $1,654 | $434,500 | 26.8% |
| Mary Esther | 3.6 mi | $1,699 | $298,900 | 30.2% |
| Eglin AFB | 3.7 mi | $2,260 | — | 100.0% |
| Valparaiso | 6.5 mi | $1,366 | $394,700 | 35.8% |
Places in Florida most like Ocean City
| Place | Median gross rent | Median home value | Median household income | Households that rent |
|---|---|---|---|---|
| Panama City | $1,327 | $268,900 | $62,265 | 43.7% |
| Lakeland | $1,395 | $249,400 | $64,185 | 43.6% |
| Cocoa | $1,274 | $246,100 | $63,105 | 36.5% |
| Fort Walton Beach | $1,307 | $321,800 | $68,538 | 38.2% |
| Fern Park | $1,612 | $346,900 | $59,428 | 36.4% |
| Union Park | $1,473 | $324,800 | $70,000 | 39.4% |
Matched on rent, home value, income, the share who rent, the age of the homes, the share in apartment buildings and the commute, each measured against the spread across Florida.
HUD Fair Market Rent for Ocean City, fiscal year 2027
| Studio | 1 bedroom | 2 bedrooms | 3 bedrooms | 4 bedrooms |
|---|---|---|---|---|
| $1,421 | $1,706 | $1,908 | $2,616 | $3,189 |
HUD income limits for Ocean City, fiscal year 2026
| Household size | Extremely low (30%) | Very low (50%) | Low (80%) |
|---|---|---|---|
| 1 person | $22,400 | $37,350 | $59,750 |
| 2 people | $25,600 | $42,700 | $68,300 |
| 3 people | $28,800 | $48,050 | $76,850 |
| 4 people | $33,000 | $53,350 | $85,350 |
| 5 people | $38,680 | $57,650 | $92,200 |
| 6 people | $44,360 | $61,900 | $99,050 |
| 7 people | $50,040 | $66,200 | $105,850 |
| 8 people | $55,720 | $70,450 | $112,700 |
These are the limits HUD sets for its housing programs in the Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area, where HUD’s median family income for fiscal year 2026 is $106,700.
A program can use its own limits; tax-credit and local programs often do.
Ocean City is a census-designated place: an unincorporated community the Census Bureau draws for statistics, with no municipal government of its own.
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 Ocean City
What is the average rent in Ocean City, FL?
The Census Bureau publishes the median rather than the average: the median gross rent in Ocean City is $1,443 (±$83) a month (2020–2024 American Community Survey), so half of renting households pay less and half pay more.
How much is a one-bedroom apartment in Ocean City?
The median gross rent for a one-bedroom home in Ocean City, FL is $1,354 (±$31) a month (2020–2024 American Community Survey).
Are renters in Ocean City rent-burdened?
54.9% of renting households in Ocean City pay 30% or more of their income in gross rent, the share housing researchers usually call rent-burdened (2020–2024 American Community Survey).
How many renters are there in Ocean City?
Ocean City has an estimated 1,114 (±271) renting households, 42.3% of its occupied homes (2020–2024 American Community Survey).
What is the median household income in Ocean City?
The median household income in Ocean City is $59,039 (±$6,295) a year (2020–2024 American Community Survey).
What is the average home value in Ocean City, FL?
The Census Bureau publishes the median: $303,900 (±$34,937) for owner-occupied homes in Ocean City (2020–2024 American Community Survey).
Is Ocean City growing?
In Ocean City, the number of residents went from 6,249 in 2015–2019 to 5,941 in 2020–2024 (−4.9%), not a measurable change.
Sources
- Demographic and Housing Estimates (DP05), 2020–2024 ACS 5-year estimates — Ocean City CDP, Florida
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Ocean City CDP, Florida
- Selected Economic Characteristics (DP03), 2020–2024 ACS 5-year estimates — Ocean City CDP, Florida
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Ocean City CDP, Florida
- Selected Social Characteristics (DP02), 2020–2024 ACS 5-year estimates — Ocean City CDP, Florida
- Total Population (B01003), 2015–2019 ACS 5-year estimates — Ocean City CDP, Florida
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Ocean City CDP, Florida
- HUD Fair Market Rents, fiscal year 2027: Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area
- HUD Income Limits, fiscal year 2026: Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
- US Census Bureau, 2024 Gazetteer Files
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 Ocean City CDP, Florida (place:50925, in state:12).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B01003_001E, B01003_001M, B25064_001E, B25064_001M from the 2019 release.
The API needs a free key.
DP05_0001E, DP05_0001M, DP04_0001E, DP04_0001M, DP04_0047PE, DP04_0047PM, DP04_0134E, DP04_0134M, DP03_0062E, DP03_0062M, DP04_0089E, DP04_0089M
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 .