Okaloosa County, FL

2024 Fair Market Rents

Tags: 2024 Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area

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The top four largest cities in Okaloosa County are Niceville, Fort Walton Beach, Crestview, and Destin. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Okaloosa County use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Okaloosa County is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Okaloosa County compare?

Okaloosa County ($1,526) has a 12.3% higher FMR for 2-Bedroom housing than the average of Florida ($1,359) and therefore a higher gross rent.

Okaloosa County is rank 23rd out of 67 counties. This means the FMRs, or in other words, the gross rent is higher than 44 other counties. Okaloosa County is the 23rd most expensive county in terms of FMRs.

Rent Tables Okaloosa County, FL

Fair Market Rent (40th Percentile)

$1,211
studio
$1,319
1-Bedroom
$1,526
2-Bedroom
$2,064
3-Bedroom
$2,557
4-Bedroom

Median Rent (50th Percentile)

$1,291
studio
$1,407
1-Bedroom
$1,627
2-Bedroom
$2,201
3-Bedroom
$2,727
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32531 $960 $1,040 $1,210 $1,640 $2,030
32536 $1,170 $1,270 $1,470 $1,990 $2,460
32539 $1,070 $1,170 $1,350 $1,820 $2,260
32540 $1,210 $1,320 $1,530 $2,070 $2,560
32541 $1,670 $1,820 $2,100 $2,840 $3,520
32542 $1,700 $1,850 $2,140 $2,890 $3,590
32544 $1,600 $1,750 $2,020 $2,730 $3,390
32547 $1,110 $1,210 $1,400 $1,890 $2,350
32548 $1,220 $1,330 $1,540 $2,080 $2,580
32549 $1,210 $1,320 $1,530 $2,070 $2,560
32564 $1,200 $1,300 $1,500 $2,040 $2,530
32567 $960 $1,020 $1,190 $1,580 $2,020
32569 $1,120 $1,220 $1,410 $1,910 $2,360
32578 $1,400 $1,530 $1,760 $2,390 $2,960
32579 $1,360 $1,480 $1,710 $2,310 $2,870
32580 $1,210 $1,320 $1,530 $2,070 $2,560
32588 $1,210 $1,320 $1,530 $2,070 $2,560
32539 $1,070 $1,170 $1,350 $1,820 $2,260
32567 $960 $1,020 $1,190 $1,580 $2,020
32578 $1,400 $1,530 $1,760 $2,390 $2,960
32531 $960 $1,040 $1,210 $1,640 $2,030
32564 $1,200 $1,300 $1,500 $2,040 $2,530
32569 $1,120 $1,220 $1,410 $1,910 $2,360
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32531 $864 $936 $1,089 $1,476 $1,827
32536 $1,053 $1,143 $1,323 $1,791 $2,214
32539 $963 $1,053 $1,215 $1,638 $2,034
32540 $1,089 $1,188 $1,377 $1,863 $2,304
32541 $1,503 $1,638 $1,890 $2,556 $3,168
32542 $1,530 $1,665 $1,926 $2,601 $3,231
32544 $1,440 $1,575 $1,818 $2,457 $3,051
32547 $999 $1,089 $1,260 $1,701 $2,115
32548 $1,098 $1,197 $1,386 $1,872 $2,322
32549 $1,089 $1,188 $1,377 $1,863 $2,304
32564 $1,080 $1,170 $1,350 $1,836 $2,277
32567 $864 $918 $1,071 $1,422 $1,818
32569 $1,008 $1,098 $1,269 $1,719 $2,124
32578 $1,260 $1,377 $1,584 $2,151 $2,664
32579 $1,224 $1,332 $1,539 $2,079 $2,583
32580 $1,089 $1,188 $1,377 $1,863 $2,304
32588 $1,089 $1,188 $1,377 $1,863 $2,304
32539 $963 $1,053 $1,215 $1,638 $2,034
32567 $864 $918 $1,071 $1,422 $1,818
32578 $1,260 $1,377 $1,584 $2,151 $2,664
32531 $864 $936 $1,089 $1,476 $1,827
32564 $1,080 $1,170 $1,350 $1,836 $2,277
32569 $1,008 $1,098 $1,269 $1,719 $2,124
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
32531 $1,056 $1,144 $1,331 $1,804 $2,233
32536 $1,287 $1,397 $1,617 $2,189 $2,706
32539 $1,177 $1,287 $1,485 $2,002 $2,486
32540 $1,331 $1,452 $1,683 $2,277 $2,816
32541 $1,837 $2,002 $2,310 $3,124 $3,872
32542 $1,870 $2,035 $2,354 $3,179 $3,949
32544 $1,760 $1,925 $2,222 $3,003 $3,729
32547 $1,221 $1,331 $1,540 $2,079 $2,585
32548 $1,342 $1,463 $1,694 $2,288 $2,838
32549 $1,331 $1,452 $1,683 $2,277 $2,816
32564 $1,320 $1,430 $1,650 $2,244 $2,783
32567 $1,056 $1,122 $1,309 $1,738 $2,222
32569 $1,232 $1,342 $1,551 $2,101 $2,596
32578 $1,540 $1,683 $1,936 $2,629 $3,256
32579 $1,496 $1,628 $1,881 $2,541 $3,157
32580 $1,331 $1,452 $1,683 $2,277 $2,816
32588 $1,331 $1,452 $1,683 $2,277 $2,816
32539 $1,177 $1,287 $1,485 $2,002 $2,486
32567 $1,056 $1,122 $1,309 $1,738 $2,222
32578 $1,540 $1,683 $1,936 $2,629 $3,256
32531 $1,056 $1,144 $1,331 $1,804 $2,233
32564 $1,320 $1,430 $1,650 $2,244 $2,783
32569 $1,232 $1,342 $1,551 $2,101 $2,596

Fair Market Rents on this page apply to the following cities in Okaloosa County, Florida: Niceville, Fort Walton Beach, Crestview, Destin, Mary Esther, Shalimar, Baker, Valparaiso, Eglin Afb, Laurel Hill, Holt, and Hurlburt Field.

These Fair Market Rents also apply to the following ZIP codes in Okaloosa County, Florida: 32578, 32547, 32539, 32536, 32548, 32541, 32569, 32579, 32531, 32580, 32542, 32567, 32564, 32544, 32549, 32540, and 32588.

Okaloosa County, FL is considered part of the following metro FMR area: CRESTVIEW-FORT WALTON BEACH-DESTIN, FL HUD METRO FMR AREA.

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.