Rents are 5% below what Niceville's 10-year trend predicts — a better deal than its own history suggests.
Rent by unit size
These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,257 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.
Source: HUD Small Area Fair Market Rents. Read the methodology →
12-month history
Last updated: August 17, 2026
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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.
Source: U.S. Census Bureau · ACS 2024 5-Year Estimates
How Niceville, FL has changed in 5 years
The median rent in Niceville, FL stood at $1,578 in 2021 and currently runs about $2,257, reflecting a 43.0% 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.
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Can you afford rent in Niceville on your salary?
At $2,257/mo, how Niceville rent compares to typical pay (30% rule).
Niceville rent by bedroom count
Median rent for each apartment size in Niceville. Click any size for full breakdown.
Tips for renters in Niceville
Last updated: August 17, 2026
The median rent in Niceville is $2,257/mo as of August 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 26% of local median household income ($102,409/yr), Niceville ranks as affordable compared to the national benchmark of 30%. Rents have increased 10.5% over the past year.
Frequently asked questions
Is Niceville an affordable city for renters?
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Is rent going up or down in Niceville?
How does Niceville rent compare to other cities in Florida?
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What percentage of Niceville residents rent vs. own?
How does Niceville rent compare to the national average?
At $2,257/mo, rent takes ~26% of Niceville's median household income ($102,409/yr). The standard benchmark is 30%.
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Estimated from ZIP-level data
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