Average Rent in Crestview, FL↑ Rents rising 2.9% YoY
HUD FY2025 · Official government data · Updated annually · Metro pop. 294,127
Market Overview
Crestview, FL has rental prices ranging from $1,218/month to $2,638/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $1,398/month, near the national average. With a median household income of $79,150/year, spending $1,398/month on a 1-bedroom represents 21% of gross income — within the recommended 30% threshold.
How Crestview Compares
With an average 2-bedroom rent of $1,571/month, Crestview ranks #18 most expensive of the 54 cities tracked in Florida — pricier than 93% of all US cities in our data.
The Crestview Rental Market
The Crestview, FL area has a population of about 294,127 and 30% of households renting rather than owning. That is close to the US average renter share of ~34%.
Rent Trends
2-bedroom rents in Crestview, FL have risen by $45/month (2.9%) over the past year, from $1,526 to $1,571. This modest growth is consistent with broader inflationary trends seen across US rental markets.
Affordability
To afford a 1-bedroom apartment in Crestview, FL without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $55,920. The local median household income of $79,150 exceeds that threshold by $23,230, making Crestview relatively accessible compared to local wages.
Rent vs. Buy
The median home value in Crestview, FL is $291,027, giving a price-to-rent ratio of 15.4. The break-even point between renting and buying is roughly 15 years — renting offers more flexibility for shorter stays, while buying makes more sense for long-term residents.
Fair Market Rents
HUD FY2025Is Crestview, FL Affordable?
Income needed to rent or buy, price history, and how this city compares to nearby metros.
Affordability Index(30% income rule)
Nearby Cities in FLlargest metros in the state
| City | Studio | 1BR | 2BR | 3BR | Home Value |
|---|---|---|---|---|---|
| West Palm Beach | $1,639 | $1,830 | $2,187 | $2,856 | — |
| Miami | $1,711 | $1,898 | $2,329 | $3,008 | — |
| Fort Lauderdale | $1,768 | $1,929 | $2,388 | $3,297 | — |
| Tampa | $1,566 | $1,686 | $1,978 | $2,533 | — |
| Orlando | $1,636 | $1,727 | $1,958 | $2,486 | — |
| Jacksonville | $1,381 | $1,454 | $1,730 | $2,163 | — |
Rent or Buy in Crestview?
Break-even analysis and mortgage estimates based on local market data.
Should I Rent or Buy?
Break-even analysis using real Crestview data
Buying breaks even after 1 year — worth it if you stay 1+ years.
Mortgage Calculator
Estimate monthly payment for $291,027 home at 7% rate
Living in Crestview
Cost of living, job market, crime rates, and moving cost estimates.
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Frequently Asked Questions
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⚖️Rent vs Buy in CrestviewIs it cheaper to rent or buy here?
💵Rent Affordability in CrestviewSalary needed to afford rent here
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