Rent in Walton County, FL at a glance
2-bedroom rent (HUD)
$1,364$16,368 a year · HUD fiscal year 2026From October 1, 2026: $1,474 (+8.1%)How much rent can you afford in Walton County, FL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Walton County, FL by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,058 | $12,696 | $42,320 | $20.35/hr |
| 1 bedroom | $1,244 | $14,928 | $49,760 | $23.92/hr |
| 2 bedroomsMost searched | $1,364 | $16,368 | $54,560 | $26.23/hr |
| 3 bedrooms | $1,897 | $22,764 | $75,880 | $36.48/hr |
| 4 bedrooms | $2,288 | $27,456 | $91,520 | $44.00/hr |
Cost of living in Walton County, FL: income, prices and a budget →
Living and working in Walton County, FL
Rent in Walton County, FL: common questions
How much is rent going up in Walton County, FL in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,474 for a two-bedroom, up 8.1% from $1,364. A one-bedroom goes from $1,244 to $1,354, a studio from $1,058 to $1,123.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Walton County, FL?
HUD's Fair Market Rent for 2026 is $1,244 for a one-bedroom and $1,364 for a two-bedroom, utilities included. That is $16,368 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Walton County, FL?
To keep a $1,364 two-bedroom at 30% of gross pay, one full-time worker needs $26.23 an hour, or $54,560 a year. A one-bedroom at $1,244 takes $23.92 an hour.
How much is a 1, 2 or 3-bedroom apartment in Walton County, FL?
At HUD's 2026 Fair Market Rent: studio $1,058, one bedroom $1,244, two $1,364, three $1,897 and four $2,288 a month.
Is rent affordable in Walton County, FL?
For the typical household, earning $81,986 a year ($6,832 a month, Census ACS), a two-bedroom at $1,364 takes 20% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,364 × 12) ÷ 0.30 = $54,560. Divided by 2,080 working hours, that is $26.23 an hour.