Somerset Oceanside Apartments
940 Santa Rosa Blvd,
Fort Walton Beach, FL 32548
$1,850 - $2,175
1-2 Beds
Fort Walton Beach, Florida combines coastal living with deep military heritage along the Emerald Coast. The area offers various housing options from waterfront condominiums to single-family homes. Current rental trends show average monthly rates of $1,463 for one-bedroom units, while three-bedroom homes typically rent for around $2,096, with the market experiencing slight adjustments as larger units have seen modest decreases in pricing over the past year. Notable areas include the downtown district, known for its shopping and dining scene, and the residential neighborhoods near Santa Rosa Sound, featuring water views and community amenities.
Fort Walton Beach centers on its beaches, military presence, and outdoor activities. The Heritage Park and Cultural Center showcases local history through attractions like the Indian Temple Mound Museum, while Brooks Bridge connects residents to Okaloosa Island's white-sand beaches. The proximity of Eglin Air Force Base and Hurlburt Field shapes the community's character. Residents enjoy numerous parks and water access points throughout the city. The annual Billy Bowlegs Pirate Festival celebrates the area's coastal heritage each June.
As of March 2026, the average apartment rent in Fort Walton Beach, FL is $865 for a studio, $1,461 for one bedroom, $1,602 for two bedrooms, and $2,039 for three bedrooms. Apartment rent in Fort Walton Beach has increased by 2.2% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Fort Walton Beach, FL is for everyday living.
Somewhat Walkable
You might be able to get out and walk when living in this area. Some errands can be accomplished on foot, but for others you’ll need a car.
Bikeable
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Northwest Florida Ballet Academie
Public
Grades K-8
Liza Jackson Preparatory School
Public
Grades K-8
Elliott Point Elementary School
Public
Grades PK-5
Annette P. Edwins Elementary School
Public
Grades PK-5
Public
Grades PK-5
Northwest Florida Ballet Academie
Public
Grades K-8
Liza Jackson Preparatory School
Public
Grades K-8
Max Bruner Junior Middle School
Public
Grades 6-8
Public
Grades 6-8
Public
Grades K-12
Public
Grades 9-12
Choctawhatchee Senior High School
Public
Grades 9-12
Public
Grades K-12
Public
Grades 6-12
Public
Grades PK-12
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† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in February 2026.