Median Age
40 Years
Largest Age Group
30-39 Years
Approximately 15% of Residents
Under 20
22%
Over 65
20%
Avg Rent
$1,449
Population
19,684
Renter Mix
41% Rent
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.
Median Household Income
$56,916
Average: $78,606
Education
5,961
Residents Have a Degree
Job Market
9,497
Workers Employed
Median Age
40 Years
Largest Age Group
30-39 Years
Approximately 15% of Residents
Under 20
22%
Over 65
20%
Housing Distribution
Fort Walton Beach has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of April 2026, the average apartment rent in Fort Walton Beach, FL is $866 for a studio, $1,456 for one bedroom, $1,601 for two bedrooms, and $2,039 for three bedrooms. Apartment rent in Fort Walton Beach has increased by 1.9% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Fort Walton Beach, FL is for everyday living.
Fairly Walkable
Walkability
Limited Public Transit
Transit
Moderately Drivable
Drivability
Moderately Bikeable
Bikeability
Northwest Florida Ballet Academie
Public
Grades K-8
141 Students
Liza Jackson Preparatory School
Public
Grades K-8
971 Students
Elliott Point Elementary School
Public
Grades PK-5
597 Students
Public
Grades PK-5
635 Students
Annette P. Edwins Elementary School
Public
Grades PK-5
453 Students
Northwest Florida Ballet Academie
Public
Grades K-8
141 Students
Liza Jackson Preparatory School
Public
Grades K-8
971 Students
Max Bruner Junior Middle School
Public
Grades 6-8
776 Students
Public
Grades 6-8
709 Students
Public
Grades K-12
185 Students
Public
Grades 9-12
1,620 Students
Choctawhatchee Senior High School
Public
Grades 9-12
1,677 Students
Public
Grades K-12
185 Students
Public
Grades PK-12
114 Students
Okaloosa Virtual Instruction Program
Public
Grades K-12
13 Students
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Data provided by
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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.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.