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Latest available · Census ACS 5-Year (2024)

What Is the Average Rent in Okaloosa County, Florida?

$1,612/month 9.3%vs 2023 ($1,475)

County · Census ACS 5-Year estimates

The median gross rent in Okaloosa County, Florida is $1,612/month (±$44), based on Census ACS 5-Year estimates (2024). The median home value is $351,200 (±$6,014), and the median household income is $81,998/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Average Rent in Okaloosa County, Florida and Neighbouring Counties

Okaloosa County: $1,612Walton: $1,741Santa Rosa: $1,544Covington: $746Escambia: $766$1,612$1,741$1,544$746$766

Housing Metrics for Okaloosa County, Florida

MetricValue
Median Gross Rent$1,612
Median Home Value$351,200
Median Household Income$81,998
Total Housing Units85,411
Renter-Occupied Units26,994
Renter-Occupied Share32%
Households Paying 50%+ Income5,433 households

Median Rent by Bedroom Count

BedroomMedian RentYoY
Studio$1,094+0.0%
1 BR$1,298+0.0%
2 BR$1,460+0.0%
3 BR$1,823+0.0%
4 BR$2,275+0.0%
5+ BR$1,589+0.0%

How does Okaloosa County, Florida compare?

Median gross rent ranked against all counties in Florida.

Higher rent than 76% of counties in Florida · 17th of 67

Cheapest: Calhoun County($779)
Priciest: Monroe County($1,999)
#CountyValue
1Monroe County$1,999
2St. Johns County$1,922
3Palm Beach County$1,916
… 13 more …
17Okaloosa County(you are here)$1,612
… 47 more …
65Calhoun County$779
66Hamilton County$724
67Dixie County$695

Frequently asked questions

What is the average rent in Okaloosa County, Florida?

The median gross rent in Okaloosa County, Florida is $1,612/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent for a 2-bedroom in Okaloosa County, Florida?

The median rent for a 2-bedroom in Okaloosa County, Florida is $1,460/month based on Census ACS 5-Year estimates (2024). Margin of error: ±$49. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the median home value in Okaloosa County, Florida?

The median home value in Okaloosa County, Florida is $351,200 according to Census ACS 5-Year estimates (2024).

What percentage of renters in Okaloosa County are rent-burdened?

In Okaloosa County, Florida, 5,433 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.

What is the median household income in Okaloosa County, Florida?

The median household income in Okaloosa County, Florida is $81,998/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,612 has a margin of error of ±$44. In very small areas, MOEs can be large relative to the estimate.

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This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.