RentDataNowRentDataNow
City Report · FL

Destin

Pop. 14,077·167th most expensive in Florida·Rental market data updated monthly for Destin, FL
Median rent (all units)
$2,068/mo
Year-over-Year
+3.3%
Month-over-Month
+1.8%
vs US Median
+$103
Rising (Monthly)
Be the first to discuss Destin rents ↓
Most AffordableMost Expensive
Destin · $2,068
More expensive than 62% of US cities · National median $1,965/mo
Rent Reality Score
67/100
Good value
OverheatedFairGreat value

Rents are 8% below what Destin's 10-year trend predicts — a better deal than its own history suggests.

Actual rent
$2,068/mo
Expected by trend
$2,258/mo
The Rent Reality Score compares today's median rent to where Destin's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,660
1 BR
$1,900
2 BR
$2,140
3 BR
$2,970
4 BR+
$3,590
Research median
$2,140/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

Loading…

Last updated: July 20, 2026

Annual cost
$24,816/yr
At $2,068/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 3.3% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+3.3% YoY, +1.8% MoM), not inventory.
Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Destin, FL is majority owner-occupied, 46.2% of residents hold a bachelor's degree or higher.

Population
14,077
Median income
$89,011
Median age
41.5
Renters
30.3%
Age distribution
19.3%
18.1%
28.7%
15.6%
18.3%
Under 1819.3%
18–3418.1%
35–5428.7%
55–6415.6%
65+18.3%
Gender
51.8%
48.2%
Male51.8%
Female48.2%
Race & ethnicity
81.7%
White81.7%
Black4.7%
Hispanic7.8%
Asian1.3%
Other4.5%
Education (25+)
16.8%
31.8%
46.2%
No HS diploma5.3%
HS diploma16.8%
Some college31.8%
Bachelor's+46.2%
Housing tenure
69.7%
30.3%
Owner69.7%
Renter30.3%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Destin, FL has changed in 5 years

Rent
$1,594 → $2,068
up 29.7%
Income
$81,827 → $89,011
up 8.8%
Population
13,751 → 14,077
up 2.4%
Renter share
37.2% → 30.3%
-6.9 pts
Bachelor's+
43.2% → 46.2%
+3.0 pts
Median age
43.3 → 41.5
-1.8 yrs

Rent in Destin, FL has climbed 29.7% since 2021, going from about $1,594 per month to roughly $2,068 today. Median household income grew from $81,827 to $89,011 between 2021 and 2024, a 8.8% shift. Rent outpaced income growth by roughly 20.9 percentage points, which means renters are spending a larger slice of each paycheck on housing than they did in 2021. Headcount in the area went from 13,751 to 14,077 between 2021 and 2024, a 2.4% change. About 30.3% of households rent today, against 37.2% in 2021. Educational attainment has shifted as well, with the share of adults holding a bachelor's degree or higher climbed from 43.2% to 46.2%. Taken together, the five-year picture in Destin, FL reflects how housing costs and the people paying them have evolved through a stretch that included a pandemic, a hot rental market, and a recent cooling phase.

Community

Discussions about Destin

No discussions yet. Start the conversation.

View Destin rent history (2015–2026) →
Salary vs rent

Can you afford rent in Destin on your salary?

At $2,068/mo, how Destin rent compares to typical pay (30% rule).

By apartment size

Destin rent by bedroom count

Median rent for each apartment size in Destin. Click any size for full breakdown.

Local insights

Tips for renters in Destin

About renting in Destin, FL

Last updated: July 20, 2026

The median rent in Destin is $2,068/mo as of July 2026. A studio apartment averages $1,660/mo while a 2-bedroom runs $2,140/mo. One-bedroom apartments average $1,900/mo and 3-bedroom units go for $2,970/mo.

At 28% of local median household income ($89,011/yr), Destin ranks as affordable compared to the national benchmark of 30%. Rents have increased 3.3% over the past year.

FAQ

Frequently asked questions

Is Destin an affordable city for renters?

Destin is considered affordable for renters. At $2,068/mo, rent takes approximately 28% of the local median household income ($89,011/yr). The standard benchmark is 30%. Destin falls comfortably within that range.

How much income do you need to rent in Destin?

To keep rent at or below 30% of gross income, you would need to earn at least $83,000/year (~$40/hour full-time) to afford the median rent of $2,068/mo in Destin. The local median household income is $89,011/yr, meaning the typical Destin household meets that threshold.

Is rent going up or down in Destin?

Rent in Destin has increased 3.3% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Destin rent compare to other cities in Florida?

Destin is middle-of-the-pack for Florida for rent, ranking #167 out of 288 tracked cities at $2,068/mo.

Which nearby cities are cheaper to rent in than Destin?

Several nearby cities have lower median rents than Destin ($2,068/mo): Fort Walton Beach ($1,808/mo), Shalimar ($1,933/mo).

What percentage of Destin residents rent vs. own?

According to Census data, approximately 30.3% of Destin households are renters, while 69.7% are owner-occupied. Destin leans toward homeownership, which can mean a smaller rental inventory.

How does Destin rent compare to the national average?

Destin's median rent of $2,068/mo is $103 (5%) above the US national median of $1,965/mo. Within Florida, it ranks #167 out of 288 tracked cities.
Income Affordability
28%
AFFORDABLE

At $2,068/mo, rent takes ~28% of Destin's median household income ($89,011/yr). The standard benchmark is 30%.

Destin 28%Benchmark 30%
State income taxNone
Run the Destin affordability calculator →
Lowest-rent ZIP codes in Destin
Compare

How does this area stack up?

Pick another city or ZIP to compare.

Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Destin, FL

Recent submissions

Be the first to submit your rent for Destin.

Recent discussions

No discussions yet.