Average Rent in Walton County, FL↑ Rents rising 1.6% YoY

Walton County, FL has rental prices ranging from $953/month to $2,032/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,093/month — 22% below the national average of $1,400/month. With a median household income of $79,281/year, spending $1,093/month on a 1-bedroom represents 17% of gross income — within the recommended 30% threshold.

How Walton County Compares

With an average 2-bedroom rent of $1,210/month, Walton County ranks #27 most expensive of the 54 cities tracked in Florida — pricier than 82% of all US cities in our data.

The Walton County Rental Market

The Walton County, FL area has a population of about 79,846 and 23% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Walton County, FL have risen by $19/month (1.6%) over the past year, from $1,191 to $1,210. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Walton County, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $43,720. The local median household income of $79,281 exceeds that threshold by $35,561, making Walton County relatively accessible compared to local wages.

Economy & Jobs

Walton County, FL has an unemployment rate of 4.3%, 0.4 percentage points above the national average of 3.9%. A higher unemployment rate can moderate rental demand over time, which may help keep rent growth in check compared to tighter job markets.

Neighborhoods

Home values — and by extension rent levels — vary significantly across Walton County's neighborhoods. Among the highest-value areas are WaterSound Beach ($1,879,904 median home value), Rosemary Beach ($2,725,261 median home value), Alys Beach ($5,603,133 median home value). Renters on a tighter budget may find better value in less central neighborhoods or in adjacent metros with lower overall rent levels.

Is Walton County, FL Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Walton County?

Break-even analysis and mortgage estimates based on local market data.

Living in Walton County

Cost of living, job market, crime rates, and moving cost estimates.