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City Report · FL

Niceville

Pop. 16,544·106th most expensive in Florida·Niceville rents are up 15.0% over the past year
Median rent (all units)
$2,337/mo
Year-over-Year
+15.0%
Month-over-Month
+2.7%
vs US Median
+$372
Rising (Monthly)
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Most AffordableMost Expensive
Niceville · $2,337
More expensive than 74% of US cities · National median $1,965/mo
Rent Reality Score
53/100
Fairly priced
OverheatedFairGreat value

Rents are right about where Niceville's 10-year trend predicts.

Actual rent
$2,337/mo
Expected by trend
$2,377/mo
The Rent Reality Score compares today's median rent to where Niceville's own long-run trajectory projects it should be. See the full rankings →
Medians by bedroom

Rent by unit size

Studio
$1,440
1 BR
$1,660
2 BR
$1,860
3 BR
$2,590
4 BR+
$3,130
Research median
$1,860/mo

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

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost
$28,044/yr
At $2,337/mo median
Rent Market Meter
Strong Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are up 15.0% year-over-year. Expect competition, and move quickly to lock in terms.
Based on rent-price momentum (+15.0% YoY, +2.7% MoM), not inventory.
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Demographics

Who lives here

Niceville, FL is majority owner-occupied, has a median income above the national average, 38.5% of residents hold a bachelor's degree or higher.

Population
16,544
Median income
$102,409
Median age
38.4
Renters
26.4%
Age distribution
22.8%
22%
23.4%
13.6%
18.2%
Under 1822.8%
18–3422%
35–5423.4%
55–6413.6%
65+18.2%
Gender
48.3%
51.7%
Male48.3%
Female51.7%
Race & ethnicity
79.6%
White79.6%
Black5.7%
Hispanic7%
Asian4.1%
Other3.5%
Education (25+)
23.4%
34%
38.5%
No HS diploma4%
HS diploma23.4%
Some college34%
Bachelor's+38.5%
Housing tenure
73.6%
26.4%
Owner73.6%
Renter26.4%

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

2021 vs 2026

How Niceville, FL has changed in 5 years

Rent
$1,578 → $2,337
up 48.1%
Income
$84,097 → $102,409
up 21.8%
Population
15,532 → 16,544
up 6.5%
Renter share
33% → 26.4%
-6.6 pts
Bachelor's+
37.3% → 38.5%
+1.2 pts
Median age
37.9 → 38.4
+0.5 yrs

The median rent in Niceville, FL stood at $1,578 in 2021 and currently runs about $2,337, reflecting a 48.1% increase over the period. Census figures show median household income at $102,409 today, compared with $84,097 five years earlier. That spread, with rent up faster than earnings, points to a tougher affordability environment than five years ago. The population has grown by 6.5% since 2021, moving from about 15,532 residents to roughly 16,544. Renters now make up 26.4% of households, compared with 33% five years ago. The combined trend lines point to a market that has changed measurably from where it stood in early 2021.

Community

Discussions about Niceville

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

Can you afford rent in Niceville on your salary?

At $2,337/mo, how Niceville rent compares to typical pay (30% rule).

By apartment size

Niceville rent by bedroom count

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

Local insights

Tips for renters in Niceville

About renting in Niceville, FL

Last updated: July 20, 2026

The median rent in Niceville is $2,337/mo as of July 2026. A studio apartment averages $1,440/mo while a 2-bedroom runs $1,860/mo. One-bedroom apartments average $1,660/mo and 3-bedroom units go for $2,590/mo.

At 27% of local median household income ($102,409/yr), Niceville ranks as affordable compared to the national benchmark of 30%. Rents have increased 15.0% over the past year.

FAQ

Frequently asked questions

Is Niceville an affordable city for renters?

Niceville is considered affordable for renters. At $2,337/mo, rent takes approximately 27% of the local median household income ($102,409/yr). The standard benchmark is 30%. Niceville falls comfortably within that range.

How much income do you need to rent in Niceville?

To keep rent at or below 30% of gross income, you would need to earn at least $93,000/year (~$45/hour full-time) to afford the median rent of $2,337/mo in Niceville. The local median household income is $102,409/yr, meaning the typical Niceville household meets that threshold.

Is rent going up or down in Niceville?

Rent in Niceville has increased 15.0% over the past year as of July 2026, putting upward pressure on renter budgets.

How does Niceville rent compare to other cities in Florida?

Niceville is middle-of-the-pack for Florida for rent, ranking #106 out of 288 tracked cities at $2,337/mo.

Which nearby cities are cheaper to rent in than Niceville?

Several nearby cities have lower median rents than Niceville ($2,337/mo): Fort Walton Beach ($1,808/mo), Shalimar ($1,933/mo), Destin ($2,068/mo).

What percentage of Niceville residents rent vs. own?

According to Census data, approximately 26.4% of Niceville households are renters, while 73.6% are owner-occupied. Niceville leans toward homeownership, which can mean a smaller rental inventory.

How does Niceville rent compare to the national average?

Niceville's median rent of $2,337/mo is $372 (19%) above the US national median of $1,965/mo. Within Florida, it ranks #106 out of 288 tracked cities.
Income Affordability
27%
AFFORDABLE

At $2,337/mo, rent takes ~27% of Niceville's median household income ($102,409/yr). The standard benchmark is 30%.

Niceville 27%Benchmark 30%
State income taxNone
Run the Niceville affordability calculator →
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Niceville, FL

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