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Rental Market Trends in Shalimar, FL

What is the average rent in Shalimar, FL?

$923/month

Average Rent

757 Sq Ft

Average Apartment Size

+2.4%

Increase in the Last Year

As of June 2025, the average rent in Shalimar, FL is $923 per month. This is 43% lower than the national average rent of $1,627/month, making renting in Shalimar more affordable than most cities in the US. When you rent an apartment in Shalimar, you can expect to pay about per month for a studio, $923 for a one-bedroom apartment, and around $1,298 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,453 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$923/month
757 Sq Ft
Two Bedroom
$1,298/month
780 Sq Ft
Three Bedroom
$1,453/month
920 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Shalimar, FL?

In the past year, rent has increased by 2.4%, which averages out to $23 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2025
Legend
2024 2025
Market Trends Over Time
Rent Ranges in Shalimar, FL
Last Updated June 2025
Below $701
Most rental prices fall within this range
Rent Ranges in Shalimar, FL
Percentage*
Rent Range
50% Below $700/month
0% $700 - $1,000/month
50% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

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

Because the average rent in Shalimar is $923, you’ll want to make about $3,076 per month or $36,912 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

Shalimar, FL

19 Available Apartments for Rent

Search for Nearby Apartments

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

Use the tool below to compare Shalimar, 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 Shalimar, FL

Apartment Averages

Nearby City Rent Trends

  • Fort Walton Beach Average Rent
  • Mary Esther Average Rent
  • Valparaiso Average Rent
  • Destin Average Rent

Apartment communities in Shalimar we think you'll love

101 Old Ferry Rd

101 Old Ferry Rd

101 Old Ferry Rd,
Shalimar, FL 32579

2 Beds | $1,750 - $2,500

71 7th St

71 7th St

71 7th St,
Shalimar, FL 32579

2 Beds | $1,975

145 4th Ave

145 4th Ave

145 4th Ave,
Shalimar, FL 32579

2 Beds | $1,750

2566 Barron Ct

2566 Barron Ct

2566 Barron Ct,
Shalimar, FL 32579

3 Beds | $2,400

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United States Florida Shalimar 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 June 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity