$950 Per Month
- 1 Bed
- 1 Bath
- 505 Sq Ft
- Apartment for Rent
19 Chestnut Ave SE Unit 17, Fort Walton Beach, FL 32548
19 Chestnut Ave SE Unit 17, Fort Walton Beach, FL 32548
Frequently Asked Questions
How much does it cost to rent a home in Fort Walton Beach, FL?
The median rent for a home in Fort Walton Beach, FL is $1,861 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while townhouses and single-family homes are currently more expensive.
How much do you need to make to afford rent in Fort Walton Beach, FL?
To comfortably afford the median rent in Fort Walton Beach, FL, a household needs to earn roughly $74,440 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 $1,861 per month in Fort Walton Beach, FL, renters typically need to show $5,583 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 Fort Walton Beach, FL?
In Fort Walton Beach, FL, the price-to-rent ratio is 15.7, 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 Fort Walton Beach, FL are best for renting a home?
The best neighborhood for renting in Fort Walton Beach, FL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Wright, Okaloosa Island and Bluewater Bay, each with its own character and price range.
