What is the rental vacancy rate in Ocean City, FL?

The rental vacancy rate in Ocean City, FL is 8.9% (±7.4 points) (2020–2024 American Community Survey).

The homeowner vacancy rate is 2.2% (±3.4 points).

445 (±174) homes, 14.5% of all housing units, were vacant, a count that includes seasonal homes and homes being sold or rented.

In Ocean City, the rental vacancy rate went from 5.1% in 2015–2019 to 8.9% in 2020–2024 (+3.8 percentage points), not a measurable change.

Figures last updated on .

Rental vacancy rate
8.9% (±7.4 points)
Homeowner vacancy rate
2.2% (±3.4 points)
Vacant homes
445 (±174)

Vacancy in Ocean City against Okaloosa County, its state and the nation

Estimate (90% margin of error)
Ocean CityOkaloosa CountyFloridaUnited States
Rental vacancy rate8.9% (±7.4 points)14.3% (±1.6 points)7.6% (±0.2 points)5.5%
Homeowner vacancy rate2.2% (±3.4 points)1.4% (±0.6 points)1.4% (±0.1 points)0.9%
Vacant housing units445 (±174)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 Ocean City, the rental vacancy rate is not measurably different from Okaloosa County (14.3%).

It is not measurably different from Florida (7.6%).

It is not measurably different from the national figure (5.5%).

Rental vacancy rate in places near Ocean City

Nearest places with a published estimate, compared with Ocean City
PlaceDistanceRental vacancy rateCompared with this place
Ocean City—8.9% (±7.4 points)—
Cinco Bayou1.2 mi0.0% (±37.7 points)Not measurably different
Fort Walton Beach1.3 mi7.9% (±4.0 points)Not measurably different
Shalimar1.5 mi0.0% (±33.4 points)Not measurably different
Wright2.1 mi5.0% (±3.3 points)Not measurably different
Lake Lorraine2.5 mi7.8% (±8.7 points)Not measurably different
Mary Esther3.6 mi10.7% (±11.9 points)Not measurably different
Eglin AFB3.7 mi3.5% (±3.2 points)Not measurably different
Valparaiso6.5 mi0.0% (±7.4 points)Not measurably different

None of the nearby places differs measurably from this one on this figure.

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

RankPlaceRental vacancy rate
1Destin49.1% (±6.3 points)
2Laurel Hill38.2% (±38.2 points)
3Mary Esther10.7% (±11.9 points)
4Niceville10.0% (±7.1 points)
5Ocean City8.9% (±7.4 points)
6Hurlburt Field8.7% (±7.9 points)
7Fort Walton Beach7.9% (±4.0 points)
8 (tie)Crestview7.8% (±4.3 points)
8 (tie)Lake Lorraine7.8% (±8.7 points)
10Wright5.0% (±3.3 points)
11Eglin AFB3.5% (±3.2 points)

Showing 11 of 14 places in Okaloosa County, ranked from highest to lowest.

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

Is it hard to find a rental in Ocean City?

The rental vacancy rate in Ocean City, FL is 8.9% (±7.4 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 Ocean City tighter than it was?

In Ocean City, the rental vacancy rate went from 5.1% in 2015–2019 to 8.9% in 2020–2024 (+3.8 percentage points), not a measurable change.

How many homes are vacant in Ocean City?

An estimated 445 (±174) housing units, 14.5% of the total, including seasonal homes and homes waiting to be sold or rented.

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 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 DP04_0005E, DP04_0005M from the 2019 release.

The API needs a free key.

Request a Census API 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 .

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