Hammock Bay
Head to North Beach Social for afternoon drinks, minutes from Hammock Bay.
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.

Freeport, FL Area Guide

Avg Rent

$1,582

Population

7,322

Renter Mix

20% Rent

Tranquil living within minutes of Destin

Scenic Peaceful Laidback

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.

Explore the City

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.

Demographics

Median Household Income

$50,815

Average: $77,535

Education

2,009

Residents Have a Degree

Job Market

3,443

Workers Employed

Age Distribution
Get a sense of this area's population profile.

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.

Renters
20%
Non-Renters
80%

Education Distribution

Review this city's overall education levels.

Bachelor's or Higher
22%
Other Education
78%

Rent Trends

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.

Property Type
Average Rent
Average Sq Ft
Apartment
$1,590/month
812 Sq Ft
House
$2,375/month
1,747 Sq Ft
Townhome
$1,783/month
1,493 Sq Ft
See Rental Market Trends in Freeport, FL

Learn More About Freeport

Getting Around

Somewhat Walkable

Walkability

30 / 100

Minimal Public Transit

Transit

10 / 100

Exceptionally Drivable

Drivability

100 / 100

Not Bikeable

Bikeability

10 / 100

Schools

Freeport Middle School

Public

Grades K-8

881 Students

Freeport Elementary School

Public

Grades K-5

1,137 Students

Freeport Middle School

Public

Grades K-8

881 Students

Freeport Senior High School

Public

Grades 9-12

709 Students

Points of Interest

Parks and Recreation

  • Eden Gardens State Park

Airports

  • Eglin AFB/Destin-Ft Walton Beach
  • Northwest Florida Beaches International

Top Apartments in Freeport

Houses for Rent in Freeport

Living in Freeport

History

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Established around 1830, Freeport took its name from the absence of fees to use the dock at the junction of Four Mile Creek and Lafayette Creek, a literal free port for early boaters and traders. That waterfront heritage runs deep, shaped by a founding community of fishermen, farmers, and sailors.

For much of its history, the local economy ran on timber, with sawmills, logging operations, and turpentine processing driving commerce. Local lore also includes a colorful Civil War-era story about unclaimed wine cases found near the shipping docks, adding a layer of apocryphal charm to the city's origin story. Today, those industrial roots have given way to new residential development, though the bayou and the water still anchor daily life here.

Restaurants

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Freeport's dining scene is an evolving one, with more options arriving as the city grows. The U.S. 331 corridor carries the expected fast-food chains and quick-service spots for everyday convenience, and the Hammock Bay General Store serves the master-planned community's residents.

For local flavor, The Oar House Pub & Oyster Bar, a family-owned seafood pub in Marina Village at the city's public marina, has become a gathering spot, drawing boaters and locals alike with its casual waterfront atmosphere. Many residents also make the short drive to Destin, Santa Rosa Beach, or Miramar Beach for a wider range of full-service dining.

Transportation

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Freeport residents rely on a car for nearly everything as the city's suburban and rural layout isn't built for walking or biking to daily errands. U.S. Route 331 runs north-south as the primary artery, while Florida Road 20 handles east-west travel. Interstate 10 is about 15 miles north, connecting residents to the broader region.

One park-and-ride location on Main Street provides a limited commuting option. Northwest Florida Beaches International Airport is roughly 32 miles away at about 45 minutes by car, and the Eglin AFB/Destin-Fort Walton Beach Airport is approximately 28 miles at around 58 minutes driving.

Parks

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Marse Landing at Four Mile Creek puts boaters and anglers right at the heart of the action, with plenty of boat slips and direct access to the waterways that define life in Freeport. Just outside the city, Lafayette Creek Wildlife Management Area spans over 3,000 acres open to hiking, biking, and hunting.

The Freeport Sports Complex brings the community together with barbecue grills, picnic pavilions, ballfields, walking trails, and athletic courts. It also serves as the venue for the annual Freeport Bayfest, featuring food trucks, craft vendors, a cooking competition, and live music. Eden Gardens State Park is a scenic 27-minute drive away for another great day outdoors.

Cost

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Rents in Freeport come in below the Florida statewide average for one-bedroom apartments, offering real value compared to many Panhandle communities closer to the coast. One-bedroom units average $1,550 per month and two-bedroom apartments average $1,803 per month. The median household income is $50,815.

Shopping

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Old Town Village and Freeport Plaza are the two closest shopping centers, both just minutes from the city center and well-suited for daily retail needs. The U.S. 331 corridor continues to fill in with chains and convenience retail as the population grows.

For bigger shopping trips, Silver Sands Premium Outlets in the Miramar Beach area is a short drive away. Freeport doesn't have a traditional downtown shopping district yet, and many residents head to Destin or Santa Rosa Beach for more extensive retail.

Highlights

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Freeport combines waterfront access on LaGrange Bayou and Choctawhatchee Bay with a short drive to the Emerald Coast's most popular beaches, the outdoor expanse of Lafayette Creek Wildlife Management Area, the community energy of the annual Bayfest, and proximity to Eglin Air Force Base.

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Methodology

† 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.