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Rental Market Trends in Destin, FL

What is the average rent in Destin, FL?

$1,778/month

Average Rent

762 Sq Ft

Average Apartment Size

-4.2%

Decrease in the Last Year

As of September 2025, the average rent in Destin, FL is $1,778 per month. For comparison, the national average rent price in the US is currently $1,639/month, which means Destin rent prices are 8% higher than the national average. When you rent an apartment in Destin, you can expect to pay about $1,595 per month for a studio, $1,778 for a one-bedroom apartment, and around $2,185 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,577 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,595/month
531 Sq Ft
One Bedroom
$1,778/month
762 Sq Ft
Two Bedroom
$2,185/month
1,119 Sq Ft
Three Bedroom
$2,577/month
1,384 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$3,077/month
1,716 Sq Ft
Four Bedroom
$4,625/month
2,589 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$2,016/month
829 Sq Ft
Two Bedroom
$2,527/month
1,062 Sq Ft
Three Bedroom
$3,576/month
1,676 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,095/month
1,042 Sq Ft
Three Bedroom
$2,952/month
1,800 Sq Ft

How much has average rent changed in Destin, FL?

In the past year, rent has decreased by 4.2%, which averages out to $74 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated September 2025
Legend
2024 2025
Market Trends Over Time

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Destin?

Based on current rent prices, Gulf Terrace is the most affordable neighborhood in Destin.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Gulf Terrace
$1,863/month
754 Sq Ft

What are the most expensive neighborhoods in Destin?

Based on current rent prices, Gulf Terrace is the most expensive neighborhood in Destin.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Gulf Terrace
$1,863/month
754 Sq Ft

Which Destin neighborhoods have the most rentals available?

The neighborhood in Destin with the most apartments available is Gulf Terrace .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Gulf Terrace
$1,863/month
754 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Destin, FL?

Because the average rent in Destin is $1,778, you’ll want to make about $5,926 per month or $71,112 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Destin, FL

309 Available Apartments for Rent

Search for Nearby Apartments

How does Destin, FL compare to other nearby cities and neighborhoods?

Use the tool below to compare Destin, FL to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Destin, FL

Apartment Averages

Gulf Terrace

Destin, FL

Gulf Terrace

Destin, FL

Studio
-
-
One Bedroom
-
-
Two Bedroom
-
-
Three Bedroom
-
-
Search
Search

Nearby City Rent Trends

  • Valparaiso Average Rent
  • Shalimar Average Rent
  • Niceville Average Rent
  • Fort Walton Beach Average Rent

Apartment communities in Destin we think you'll love

Legacy on the Bay

Legacy on the Bay

251 Vinings Way Blvd,
Destin, FL 32541

$1,539 - $4,046

1-4 Beds

The Preserve at Henderson Beach

The Preserve at Henderson Beach

4131 W Commons Dr,
Destin, FL 32541

$1,512 - $3,169

Studio - 2 Beds

Sea Glass

Sea Glass

4320 Commons Dr W,
Destin, FL 32541

$1,469 - $7,112

Studio - 3 Beds

The Charles Florida

The Charles Florida

160 S Mattie M Kelly Blvd,
Destin, FL 32541

$1,746 - $3,210

1-3 Beds

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United States Florida Destin Rental Trends

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 2025.

* Percentages may not total 100 due to rounding.

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© 2025 CoStar Group, Inc.

Equal Housing Opportunity