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13 1 Bedroom Apartments for rent in Fort Walton Beach, FL

Last updated December 11 at 2:49am UTC
Holly Sands Apartments
5 Sandalwood Dr NW
Fort Walton Beach, FL
Updated December 10 at 8:12am UTC
1 Bedroom
$750
29 NW Cape Drive
Oakland
Fort Walton Beach, FL
Updated December 11 at 1:31am UTC
1 Bedroom
$575
14 SW 1st Street
East Miracle Strip
Fort Walton Beach, FL
Updated December 11 at 1:31am UTC
1 Bedroom
$725
Results within 1 miles of Fort Walton Beach, FL
101 Old Ferry Road
Shalimar
Lake Lorraine, FL
Updated December 11 at 1:31am UTC
1 Bedroom
$995
Results within 10 miles of Fort Walton Beach, FL
Sea Glass
4320 Commons Dr
Destin, FL
Updated December 11 at 1:20am UTC
1 Bedroom
$1,446
4080 Dancing Cloud Court Unit 222
Destin
Destin, FL
Updated December 8 at 10:18am UTC
1 Bedroom
$1,075
4000 Gulf Terrace Drive, #104
Downtown Destin
Destin, FL
Updated December 10 at 11:59pm UTC
1 Bedroom
$1,050
4080 Dancing Cloud Court, Unit 220
Okaloosa County
Okaloosa County, FL
Updated December 11 at 2:49am UTC
1 Bedroom
$1,100
4000 Gulf Terrace Dr
Downtown Destin
Destin, FL
Updated December 10 at 11:47pm UTC
1 Bedroom
$1,100
315 Sibert Ave
Destin
Destin, FL
Updated December 10 at 11:47pm UTC
1 Bedroom
$1,020

December 2018 Fort Walton Beach Rent Report

Welcome to the December 2018 Fort Walton Beach Rent Report. Fort Walton Beach rents increased over the past month. In this report, we'll evaluate trends in the Fort Walton Beach rental market, including comparisons to cities throughout the state and nation.

View full Fort Walton Beach Rent Report
Rent Report
Fort Walton Beach

December 2018 Fort Walton Beach Rent Report

Welcome to the December 2018 Fort Walton Beach Rent Report. Fort Walton Beach rents increased over the past month. In this report, we'll evaluate trends in the Fort Walton Beach rental market, including comparisons to cities throughout the state and nation.

Fort Walton Beach rents increase sharply over the past month

Fort Walton Beach rents have increased 2.9% over the past month, and have increased sharply by 9.1% in comparison to the same time last year. Currently, median rents in Fort Walton Beach stand at $930 for a one-bedroom apartment and $1,100 for a two-bedroom. This is the second straight month that the city has seen rent increases after a decline in September. Fort Walton Beach's year-over-year rent growth leads the state average of 1.8%, as well as the national average of 1.3%.

Rents rising across cities in Florida

Throughout the past year, rent increases have been occurring not just in the city of Fort Walton Beach, but across the entire state. Of the largest 10 cities that we have data for in Florida, all of them have seen prices rise. The state as a whole logged rent growth of 1.8% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Pembroke Pines is the most expensive of all Florida's major cities, with a median two-bedroom rent of $2,410; of the 10 largest Florida cities that we have data for, all have seen rents rise year-over-year, with Orlando experiencing the fastest growth (+4.0%).
  • Tampa, Port St. Lucie, and Jacksonville have all experienced year-over-year growth above the state average (2.8%, 2.8%, and 2.7%, respectively).

Fort Walton Beach rents more affordable than many large cities nationwide

As rents have increased sharply in Fort Walton Beach, a few large cities nationwide have seen rents grow more modestly, or in some cases, even decline. Fort Walton Beach is still more affordable than most large cities across the country.

  • Fort Walton Beach's median two-bedroom rent of $1,100 is below the national average of $1,180. Nationwide, rents have grown by 1.3% over the past year compared to the 9.1% increase in Fort Walton Beach.
  • While Fort Walton Beach's rents rose sharply over the past year, the city of Seattle saw a decrease of 0.4%.
  • Renters will find more reasonable prices in Fort Walton Beach than most large cities. For example, San Francisco has a median 2BR rent of $3,100, which is more than two-and-a-half times the price in Fort Walton Beach.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.