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These days, finding an affordable place to live in the Destin area can be challenging. Home prices in Destin are now at a median cost of $654,594, higher than the Florida average of $396,783.
The average cost of rent is $2,011/mo in Destin, primarily driven by the current value of real estate in the Destin area. In Destin, 31.15% of households rent, and 40.99% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Destin is $7,912 per month. Households that rent pay about 25.42% of their income on rent here. Destin’s most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Eglin Afb, FL: less expensive homes
- Lake Lorraine, FL: less expensive homes
- Niceville, FL: less expensive homes
- Miramar Beach, FL: higher priced homes
- Valparaiso, FL: less expensive homes
- Shalimar, FL: less expensive homes
- Cinco Bayou, FL: less expensive homes
- Ocean City, FL: less expensive homes
- Fort Walton Beach, FL: less expensive homes
- Wright, FL: less expensive homes
Cities with Similar Populations
- Plymouth, IN: less expensive homes
- Horseheads, NY: less expensive homes
- Justin, TX: less expensive homes
- La Canada Flintridge, CA: higher priced homes
- La Crescenta-Montrose, CA: higher priced homes
- Lebanon, IN: less expensive homes
- Old Jamestown, MO: less expensive homes
- Ontario, OR: less expensive homes
- Pampa, TX: less expensive homes
- Paradise Valley, AZ: higher priced homes
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