Fort Walton Beach, FL Apartment Market & Multifamily Brokerage
Okaloosa County, FL
Fort Walton Beach is one of the deepest multifamily markets in our coverage area: 21,090 residents and 87 tracked properties totaling 4,337 units. A market this size supports real trading volume in almost any cycle.
The numbers stand out: 205.6 apartment units per 1,000 residents, well above the average across our tracked cities. That's a market where renting is the norm, not the exception — multifamily is a real share of how this city houses itself.
Average asking rent runs around $1,236/unit, squarely in the middle of the markets we track — room to grow without the pricing pressure of the hotter submarkets.
Fort Walton Beach borders Hurlburt Field, headquarters of Air Force Special Operations Command, which supplies a large and steady military renter base.
Steven Rowe and Gulf Coast Multifamily represent owners of 10+ unit apartment properties in Fort Walton Beach and across Okaloosa County, FL. If you're thinking about selling, refinancing, or just want to know what your property is worth, a confidential conversation costs nothing.