3

Bonifay, FL Homes for Rent

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  • /5

    $750 Per Month

    • 1 Bed
    • 1 Bath
    • 732 Sq Ft
    • Sweet 1/1 Cottage at Hill Loop in Bonifay with Water/Sewer, Garbage, & Lawn Maintenance Included

    109 Hill Lp, Bonifay, FL 32425

    Welcome to the cozy cottages at Hill Loop. This charming one-bedroom, one-bathroom home is nestled in the heart of Bonifay. This pleasant home offers a perfect blend of comfort and convenience, with a well-designed layout that maximizes space and functionality. Take advantage of Bonifay's city sidewalks to walk or bike to nearby shops and restaurants.Key Features:1 Bedrooms1

    109 Hill Lp, Bonifay, FL 32425
  • /5

    $700 Per Month

    • 1 Bed
    • 1 Bath
    • 532 Sq Ft
    • Cozy 1/1 Cottage at Hill Loop in Bonifay with Water/Sewer, Garbage, and Lawn Maintenance Included!

    125 Hill Lp, Bonifay, FL 32425

    Welcome to the cozy cottages at Hill Loop. This charming one-bedroom, one-bathroom home is nestled in the heart of Bonifay. This pleasant home offers a perfect blend of comfort and convenience, with a well-designed layout that maximizes space and functionality. Take advantage of Bonifay's city sidewalks to walk or bike to nearby shops and restaurants.Key Features:1 Bedrooms1

    125 Hill Lp, Bonifay, FL 32425
  • /6

    $750 Per Month

    • 1 Bed
    • 1 Bath
    • 702 Sq Ft
    • Sweet 1/1 Cottage at Hill Loop in Bonifay with Water/Sewer, Garbage, & Lawn Maintenance Included

    117 Hill Lp, Bonifay, FL 32425

    Welcome to the cozy cottages at Hill Loop. This charming one-bedroom, one-bathroom home is nestled in the heart of Bonifay. This pleasant home offers a perfect blend of comfort and convenience, with a well-designed layout that maximizes space and functionality. Take advantage of Bonifay's city sidewalks to walk or bike to nearby shops and restaurants.Key Features:1 Bedrooms1

    117 Hill Lp, Bonifay, FL 32425

Why Live in Bonifay

Bonifay offers a quiet lifestyle in northwest Florida. The community is known for its relaxed pace, with residents often living on large, secluded lots. The area is filled with brick ranch-style homes, cabins, bungalows and traditional houses. Many students are served by the Holmes District School Board, though some are zoned for the Washington County School District. The Northwest Florida Championship Rodeo is a major attraction each October, bringing together locals for three nights of action. Other things to do include playing a round at Dogwood Lakes Golf Course and playing sports and picnicing at Veterans Memorial Park. Skydive Panama City offers thrilling jumps, and Cypress Springs, in nearby Vernon, is a favorite for kayaking and fishing that is known for having clear water. Dining options along Florida State Route 79 include Castaway Seafood Restaurant, which serves Southern-style meals, and M&W Smokehouse Barbecue, which sells its meats by the pound. Cancun’s Mexican Grill is an authentic eatery. Bonifay provides convenient access to larger cities like Panama City, Dothan and Tallahassee, and Northwest Florida Beaches International Airport is about 45 minutes away.

Frequently Asked Questions

How much does it cost to rent a home in Bonifay, FL?
The median rent for a home in Bonifay, FL is $750 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Bonifay, FL?
To comfortably afford the median rent in Bonifay, FL, a household needs to earn roughly $30,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $750 per month in Bonifay, FL, renters typically need to show $2,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Bonifay, FL?
In Bonifay, FL, the price-to-rent ratio is 23.3, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Bonifay, FL

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$750
Median Single Family Home Rent
$750
How to Rent a Home