Emerald Cove West
500 Kelly Mill Rd,
Valparaiso, FL 32580
$1,250 - $1,350
1-2 Beds
Valparaiso is a small suburban community, just minutes away from Destin and the Gulf of Mexico. Positioned just outside of Eglin Air Force Base, the city commonly known as “Val P” is a popular option for armed service personnel seeking off-base housing as well as civilian military employees and folks who work in support industries. Residents enjoy prime access to the white sand beaches of the Emerald Coast, with endless opportunities for boating, fishing, swimming, and just lounging on the shore.
As of March 2026, the average apartment rent in Valparaiso, FL is $1,253 for one bedroom, and $1,303 for two bedrooms. Apartment rent in Valparaiso has decreased by -8.4% in the past year.
Explore how walkable, bikeable, drivable, and transit-friendly Valparaiso, FL is for everyday living.
Car-Dependent
This area is considered a car-dependent area and most errands will require a car.
Somewhat Bikeable
You might be able to find places to ride your bike in this area, but you’ll most likely want your car for most errands.
Public
Grades PK-8
Public
Grades PK & 6-8
Public
Grades PK-8
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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.