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Fair Market Rent · Florida

Fair Market Rent in Okaloosa County, FL

FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.

$1,421studio
$1,7061 bedroom
$1,9082 bedrooms
$2,6163 bedrooms
$3,1894 bedrooms

HUD's FY2027 Fair Market Rent for a 2-bedroom home in Okaloosa County is $1,908 a month, +6.9% from FY2026. Okaloosa County is part of the Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.

Area-wide Fair Market Rents

SizeFY2027FY2026ChangeTypical voucher range (90–110%)
Studio$1,421$1,362+4.3%$1,279–1,563
1 bedroom$1,706$1,581+7.9%$1,535–1,877
2 bedrooms$1,908$1,785+6.9%$1,717–2,099
3 bedrooms$2,616$2,448+6.9%$2,354–2,878
4 bedrooms$3,189$2,979+7%$2,870–3,508

The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.

Rents by ZIP code in Okaloosa County

Open a ZIP code for every size, the spread of rents and nearby ZIP codes.

ZIPPlace2-bedroom FMR (ZIP)Census median, 2 bedroomsCensus median, all sizes
32531Baker$1,610$839$866
32536Crestview$1,760$1,201$1,449
32539Crestview$1,660$999$1,391
32541Destin$2,470$1,848$2,044
32542Eglin Afb$2,530$1,815$2,260
32544Hurlburt Field$2,450–$2,077
32547Fort Walton Beach$1,850$1,458$1,611
32548Fort Walton Beach$1,910$1,454$1,345
32567Laurel Hill$1,610$431$442
32569Mary Esther$1,880$1,462$1,597
32578Niceville$2,260$1,415$1,863
32579Shalimar$2,030$1,699$1,712
32580Valparaiso$1,670$892$1,366

Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.