Median Age
39 Years
Largest Age Group
35-44 Years
Approximately 15% of Residents
Under 20
26%
Over 65
16%
Avg Rent
$1,582
Population
7,322
Renter Mix
20% Rent
Bayou beauty meets booming growth on the Emerald Coast, and Freeport delivers both with a calm, unhurried pace that's rare this close to some of Florida's most sought-after beaches. Set along LaGrange Bayou and Choctawhatchee Bay in Walton County, this fast-growing city blends suburban and rural character with easy access to Grayton Beach, Miramar Beach, and Henderson Beach State Park in Destin. The commercial corridor along U.S. 331 handles everyday errands, while the Hammock Bay community and surrounding neighborhoods give the city a range of residential personality.
Renters will find apartment communities and rental homes surrounded by dense pine forests, lakes, and waterways. Retail trade and construction lead the local economy today, though fishing, boating, and farming remain part of the city's identity. Eglin Air Force Base is a major regional employer, and one of the fastest population growth rates in Florida reflects the momentum drawing people to this corner of the Panhandle.
Proximity to the beach is a big selling point for Hammock Bay residents.
Indoor and outdoor dining is also available at The Bay for Freeport residents.
Freeport residents in Hammock Bay love to be outside biking and running.
Median Household Income
$50,815
Average: $77,535
Education
2,009
Residents Have a Degree
Job Market
3,443
Workers Employed
Median Age
39 Years
Largest Age Group
35-44 Years
Approximately 15% of Residents
Under 20
26%
Over 65
16%
Housing Distribution
Freeport has more homeowners than renters.
Education Distribution
Review this city's overall education levels.
As of September 2026, the average apartment rent in Freeport, FL is $1,590 for one bedroom, $1,834 for two bedrooms, and $2,023 for three bedrooms. Apartment rent in Freeport has increased by 2.2% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Freeport, FL is for everyday living.
Somewhat Walkable
Walkability
Minimal Public Transit
Transit
Exceptionally Drivable
Drivability
Not Bikeable
Bikeability
Public
Grades K-8
881 Students
Public
Grades K-5
1,137 Students
Public
Grades K-8
881 Students
Public
Grades 9-12
709 Students
The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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© 2026. All rights reserved.
† 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 September 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.