Colony House
941 Pocahontas Dr,
Fort Walton Beach, FL 32547
$1,430 - $1,735
1-3 Beds
Ocean City
Fort Walton Beach, FL
Ocean City - Fort Walton Beach, FL Area Guide
Coastal charm on the Panhandle
Bayfront
•
Beach
•
Affordable
•
Pedestrian-Friendly
•
Nestled off the Choctawhatchee Bay, Ocean City is a suburban town on Florida’s Panhandle that exudes coastal charm. Its walkable streets are lined with ranch-style homes sitting under the shade of palm trees and majestic oaks. Residents of Ocean City enjoy a more affordable cost of living when compared to its neighbors.
Situated between Pensacola and Panama City, Ocean City is convenient to nearby areas. The Destin-Fort Walton Beach Airport is just seven miles north of town while the white-sand beaches on the Gulf Coast’s barrier islands lie just five miles south. Within Ocean City, residents enjoy boating, fishing, and relaxing on the bayfront beaches. After a day of fun in the sun, head to Elgin Parkway Northeast to enjoy one of the many delicious restaurants.
Rent Trends
As of March 2026, the average apartment rent in Ocean City is $1,192 for one bedroom, $1,398 for two bedrooms, and $1,276 for three bedrooms. Apartment rent in Ocean City has increased by 9.5% in the past year.
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1 BR
-
662 sq ft
Average Sq Ft
-
$1,192/month
Average Rent
-
2 BR
-
929 sq ft
Average Sq Ft
-
$1,398/month
Average Rent
-
3 BR
-
1,258 sq ft
Average Sq Ft
-
$1,276/month
Average Rent
Getting Around
Explore how walkable, bikeable, drivable, and transit-friendly Ocean City - Fort Walton Beach, FL is for everyday living.
Somewhat Walkable
60
/ 100
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
49
/ 100
While there’s some bike infrastructure in this area, you’ll still need a car for many errands.
Scores provided by Walk Score
Points of Interest
Shopping Centers
Parks and Recreation
- Emerald Coast Science Center
Airports
- Eglin AFB/Destin-Ft Walton Beach
- Pensacola International
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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 February 2026.