$3,100 Per Month
- 3 Beds
- 2 Baths
- 1,698 Sq Ft
- Townhouse for Rent
834 Cannon Ln, Destin, FL 32541
834 Cannon Ln, Destin, FL 32541
Frequently Asked Questions
How much does it cost to rent a home in Destin, FL?
The median rent for a home in Destin, FL is $2,801 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Destin, FL?
To comfortably afford the median rent in Destin, FL, a household needs to earn roughly $112,040 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 $2,801 per month in Destin, FL, renters typically need to show $8,403 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 Destin, FL?
In Destin, FL, the price-to-rent ratio is 18.3, 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.
What neighborhoods in Destin, FL are best for renting a home?
The best neighborhood for renting in Destin, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Bluewater Bay, Okaloosa Island, Wright, Dune Allen Beach and Blue Mountain, each with its own character and price range.
