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82 Luxury Apartments for rent in Fort Walton Beach, FL

Last updated January 22 at 1:27am UTC
214 Miracle Strip Parkway B406
Seabreeze
Fort Walton Beach, FL
Updated January 21 at 11:30am UTC
Studio
$1,150
3 Windsor Lane NE
Kenwod
Fort Walton Beach, FL
Updated January 21 at 8:33am UTC
4 Bedrooms
$2,150
8 NW Deal Avenue
Oakland
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
3 Bedrooms
$1,350
339 SE Elliott Road
Elliott's Point
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
4 Bedrooms
$2,500
102 Church Avenue
Beal Parkway
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
2 Bedrooms
$1,095
3 NE WINDSOR Lane
Kenwod
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
4 Bedrooms
$2,150
19 SE Park Circle
Elliott's Point
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
2 Bedrooms
$1,050
941 Ashley Lane
Kenwod
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
2 Bedrooms
$1,025
214 SW Miracle Strip Parkway
Seabreeze
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
Studio
$1,150
115 SE Beal Parkway
Beal Parkway
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
2 Bedrooms
$1,425
630 NE Golf Course Drive
Kenwod
Fort Walton Beach, FL
Updated January 21 at 9:20pm UTC
4 Bedrooms
$2,400
314 Miracle Strip Parkway SW - Unit 6
Seabreeze
Fort Walton Beach, FL
Updated January 22 at 12:12am UTC
2 Bedrooms
$1,400
Results within 1 miles of Fort Walton Beach, FL
Consul
119 Monahan Dr
Ocean City, FL
Updated January 22 at 1:27am UTC
1 Bedroom
$725
2 Bedrooms
$1,020
1826 Pointed Leaf Lane
Wright
Wright, FL
Updated January 21 at 11:30am UTC
4 Bedrooms
$1,395
1847 Whispering Oaks Lane
Wright
Wright, FL
Updated January 21 at 11:30am UTC
3 Bedrooms
$1,295
201 Lincoln Dr NW
Wright
Wright, FL
Updated January 21 at 11:30am UTC
3 Bedrooms
$1,145
726 Eglin Pkwy #B5
Ocean City
Ocean City, FL
Updated January 21 at 8:33am UTC
3 Bedrooms
$1,050
354 Billfish Ave Unit 210
Santa Rosa Island
Okaloosa County, FL
Updated January 21 at 8:33am UTC
2 Bedrooms
$1,075
42 Magnolia Drive
Mary Esther
Mary Esther, FL
Updated January 21 at 9:20pm UTC
4 Bedrooms
$1,500
408 Tanglewood Drive
Wright
Wright, FL
Updated January 21 at 11:30am UTC
3 Bedrooms
$1,600
613 Virginia Oak Ct.
Wright
Wright, FL
Updated January 21 at 11:30am UTC
3 Bedrooms
$1,245
102 Dell Rd
Ocean City
Ocean City, FL
Updated January 21 at 11:30am UTC
3 Bedrooms
$1,395
304 Cloverdale Blvd
Wright
Wright, FL
Updated January 21 at 8:33am UTC
4 Bedrooms
$1,500

January 2019 Fort Walton Beach Rent Report

Welcome to the January 2019 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

January 2019 Fort Walton Beach Rent Report

Welcome to the January 2019 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 1.9% over the past month, and are up sharply by 12.4% in comparison to the same time last year. Currently, median rents in Fort Walton Beach stand at $950 for a one-bedroom apartment and $1,120 for a two-bedroom. This is the third 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 1.7%, as well as the national average of 0.9%.

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, 9 of them have seen prices rise. The state as a whole logged rent growth of 1.7% 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 cities in the state that we have data for, Cape Coral, where a two-bedroom goes for $1,110, is the only major city to see rents fall year-over-year (-0.9%).
  • Orlando, Tampa, and Jacksonville have all experienced year-over-year growth above the state average (3.6%, 2.9%, and 2.6%, 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. Fort Walton Beach is still more affordable than most large cities across the country.

  • Fort Walton Beach's median two-bedroom rent of $1,120 is below the national average of $1,180. Nationwide, rents have grown by 0.9% over the past year compared to the 12.4% rise in Fort Walton Beach.
  • While Fort Walton Beach's rents rose sharply over the past year, many cities nationwide also saw increases, including Phoenix (+3.3%), New York (+2.7%), and Denver (+2.5%).
  • Renters will find more reasonable prices in Fort Walton Beach than most large cities. For example, San Francisco has a median 2BR rent of $3,090, 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.